Royal Bank of Canada Stock Climbs on Record Earnings and Double-Digit Growth

Royal Bank of Canada's stock price rose by 1.03 percent on September 30, 2026, to EUR 176.70 at Lang & Schwarz, after the bank reported its Q3 2026 earnings.

The bank's quarterly performance showed record earnings and double-digit growth in several businesses, with Q3 2026 earnings of CAD 6.00 billion, up 11.00 percent year over year, and adjusted diluted EPS at CAD 4.28, also up 11.00 percent.

Capital Markets revenue increased by 16.00 percent year over year in Q3 2026, with investment banking revenue up 23.00 percent, while Wealth Management net income rose 32.00 percent to CAD 1.40 billion, with a pretax margin of 29.30 percent.

Analysts have lifted their targets above CAD 300, but the range of targets leaves earnings execution and credit quality as key variables for the next valuation step.