RBC Reports Q3 2026 Earnings with Strong Growth Across Key Segments
Royal Bank of Canada (RY) reported strong third-quarter earnings for 2026, driven by record performance across most business segments. Net income reached $6 billion, reflecting an 11% year-over-year increase. Adjusted diluted EPS rose to $4.28, up 11%, supported by higher fee-based revenue and volume growth. Total revenue grew 9% year over year to $18.538 billion as the bank improved productivity and expanded its balance sheet for client-driven growth. The CET1 ratio remained stable at 13.5%. Wealth Management saw a significant increase in net income, up 32%, while Capital Markets also outperformed with a 16% rise. Despite overall positive results, Insurance segment profits dropped by 20% due to favorable reinsurance adjustments from the prior year. The bank returned $4 billion to shareholders through share buybacks and dividends during the quarter.
Tickers: $RY
Topics: capital markets financial results net income revenue growth