Royal Bank of Canada Smashes Q1 Earnings Expectations with $24.68 Billion Revenue
Royal Bank of Canada has released its Q1 2025 earnings report, exceeding expectations in both EPS and revenue. The bank's actual EPS came in at $2.56, beating consensus by $0.26. Revenue for the quarter was a staggering $24.68 billion, significantly higher than the expected $11.04 billion. This marks a +7.45% year-over-year growth in revenue.
The bank's earnings call took place on February 27, 2025, before the open market. Despite the strong results, no earnings call summary is available for this event. The next earnings date for Royal Bank of Canada is estimated to be December 3, 2026, based on past reporting schedules.
Looking at the bank's earnings history, it's clear that Q1 2025 was a standout quarter. Compared to Q4 2024, EPS increased by +10.43%, and revenue grew by +25.41%. This is in line with the bank's overall trend of steady growth.