RBC Stock

• Blocking HSBC deal would send ‘very bad signal’ to foreign investors: RBC CEO

  As big bank earnings continue, RBC and CIBC both reported higher profits in the fourth quarter and hiked their payout to shareholders.

  Money

  Nov 30, 2023
  
• RBC warns of more job cuts after beating profit estimates; TD misses

  Canada's largest bank RBC and TD Bank kicked off big bank earnings Thursday - both setting aside more money for loans that could go sour.

  Money

  Aug 24, 2023
  
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• Are Canadian banks under pressure? What to know ahead of earnings this week

  Canadian banks are expected to report a rise in bad debt provisions and highlight risks from commercial property loans when they report earnings this week.

  Economy

  May 23, 2023
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• How big banks dominate Canada’s financial landscape

  The tight hold on the Canadian banking market of RBC, TD, BMO, CIBC, Scotiabank and National Bank is not from a lack of others trying.

  Economy

  Apr 19, 2023
• RBC posts smaller Q1 profit of $3.2B, puts aside more money to cover credit losses

  Royal Bank of Canada is joining other Canadian lenders in posting a lower profit in the first fiscal quarter while raising money set aside to cover loan defaults.

  Money

  Mar 1, 2023
• RBC maintains ‘cautious stance’ on economic outlook, CEO says

  Royal Bank of Canada said Wednesday it will now pay a quarterly dividend of $1.32 per share, an increase of four cents.

  Money

  Nov 30, 2022
• RBC says 80K variable mortgage customers could reach ‘trigger point’ as rates rise

  On an adjusted basis, RBC said it earned $2.55 per diluted share for the quarter compared with an adjusted profit of $3.00 per diluted share a year earlier.

  Canada

  Aug 24, 2022
• Canadian bank earnings: RBC and TD beat estimates, CIBC misses

  RBC reported higher profit in the latest quarter and beat estimates. TD, the second-biggest, posted lower profit but beat estimates, while CIBC's profit fell and missed estimates.

  Money

  May 26, 2022
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• RBC is hiking base salaries of some employees by 3% as cost of living soars

  The move by RBC, the country's biggest bank, comes as the sector has embarked on a hiring spree to boost digital capabilities despite a tight labour market and rising inflation.

  Money

  May 9, 2022
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• RBC hikes quarterly dividend 11% despite fourth-quarter profit miss

  RBC said Wednesday it will now pay a quarterly dividend of $1.20 per share, up from $1.08 per share. It also says it plans to buy back up to 45 million of its shares.

  Money

  Dec 1, 2021