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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
