Brief: RBC CEO Says Canadian Economy Remained Resilient Through The Elevated Uncertainty From Persistent And Evolving Geopolitical And Trade Tensions - Conf. Call

Royal Bank of Canada

26/02/2026 14:42

Feb 26 (Reuters) - Royal Bank of Canada RY.TO:

RBC CEO: CANADIAN ECONOMY REMAINED RESILIENT THROUGH THE ELEVATED UNCERTAINTY FROM PERSISTENT AND EVOLVING GEOPOLITICAL AND TRADE TENSIONS - CONF. CALL

RBC CEO: GDP AND JOB GROWTH CONTINUED DESPITE LOWER IMMIGRATION LEVELS AND HOUSEHOLD BALANCE SHEETS ARE IMPROVING

RBC CEO: COMMERCIAL CLIENTS IN TARIFF IMPACTED SECTORS AND GEOGRAPHIES ARE FACING HEADWINDS

RBC CEO: IN PERSONAL BANKING, MORTGAGE GROWTH REMAINED MODEST AS HOUSING DEMAND REMAINED SOFT IN KEY REGIONS

RBC CEO: EVEN THOUGH LARGER CLIENTS ARE CAUTIOUSLY RETURNING TO GROWTH MODE, EXPECT COMMERCIAL LOAN GROWTH TO STAY CLOSER TO LOWER END OF MID TO HIGH SINGLE DIGIT RANGE FOR 2026

RBC CEO: HAVE A HIGH BAR WITH ACQUISITION AND CONTINUE TO BE PATIENT FOR THE RIGHT OPPORTUNITIES; PRIORITY CONTINUES TO BE INVESTING TOWARDS ORGANIC BUSINESSES

RBC CEO: EXPECT MEANINGFUL OPPORTUNITIES IN COMMERCIAL BANKING SEGMENT WHEN EXECUTION OF SMALL-SCALE PROJECTS IN THE CANADIAN BUDGET BEGIN

RBC EXEC: REMAIN CAUTIOUSLY OPTIMISTIC ON THE OUTLOOK FOR THE CANADIAN ECONOMY

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