Royal Bank of Canada reports results for the quarter ended April 30 - Earnings Summary

Royal Bank of Canada

28/05/2026 14:31

Royal Bank of Canada RY.TO reported quarterly adjusted earnings of C$3.90​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of C$3.12.  The mean expectation of eleven analysts for the quarter was for earnings of C$3.78 per share. Wall Street expected results to range from C$3.62  to C$4.16 per share.
Revenue rose 11.4% to C$17.45 billion from a year ago; analysts expected C$17.22 billion. 
Royal Bank of Canada's reported EPS for the quarter was C$3.85​.
The company reported quarterly net income of C$5.37 billion.
Royal Bank of Canada shares had risen by 16.3% this quarter and gained 11.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​ 
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" 
Wall Street's median 12-month price target for Royal Bank of Canada is C$259.00, about 1% below its last closing price of C$261.64
This summary was machine generated from LSEG data May 28 at 01:31 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Apr. 30 2026 
3.78
3.90
Beat
Jan. 31 2026 
3.85
4.08
Beat
Oct. 31 2025 
3.53
3.85
Beat
Jul. 31 2025 
3.32
3.84
Beat