Royal Bank Earnings: Somehow Great, Despite Weak Economy

Folks, we’ve got a winner. Canada’s largest company has hit a new all time high following the release of their fourth quarter earnings.

That company, unsurprisingly, is a bank. Royal Bank of Canada (TSX: RY) to be exact, who beat analyst expectations for their fourth quarter results, leading to their market capitalization pushing past the $250 billion market in intraday trading.

It’s bank earnings week. Lets dive in!


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

This Copper Mine Costs 1/6 to Restart | SSR Mining X Roxmore

Why Cambria Hit Pause on Its Massive Copper-Gold Spinout

Can Gold Rescue Washington From Its Debt Trap? | Andy Schectman – Miles Franklin

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

Competition Bureau Clears RBC’s $13.5B Acquisition of HSBC Canada

The Royal Bank of Canada (TSX: RY) has successfully secured approval from the Competition Bureau...

Saturday, September 2, 2023, 01:14:00 PM

RBC’s 25% Earnings Jump In Q2 2026 Puts Credit Costs In Focus

Royal Bank of Canada (TSX: RY) delivered a sharply stronger second quarter from last year,...

Thursday, May 28, 2026, 09:47:55 AM

Canadian Mortgage Lenders Face Unprecedented Rate Wars

Major Canadian banks are in an intense battle for mortgage customers, significantly reducing profit margins....

Tuesday, September 3, 2024, 10:47:00 AM

Royal Bank of Canada Reports 11% Profit Growth for 2024 but Rising Costs

The Royal Bank of Canada (TSX: RY) reported its financial performance for fiscal year 2024,...

Wednesday, December 4, 2024, 05:36:00 PM

Poilievre Wants HSBC-RBC Merger Blocked: “No Hope Of… More Competition”

Conservative Leader Pierre Poilievre is urging the federal government to rebuff the Royal Bank of...

Friday, October 20, 2023, 10:45:00 AM