Royal Bank of Canada's quarterly profit rises on capital markets boost (updated)

Royal Bank of Canada

28/05/2026 11:12

(Adds details throughout)
       May 28 (Reuters) - Royal Bank of Canada  RY.TO  reported
a rise in second-quarter profit on Thursday, helped by an
increase in trading income during a volatile period. 
Rising geopolitical tensions during the quarter roiled global
prices and markets, prompting investors to rebalance portfolios
to hedge risks. Volatility in the markets fuels trading activity
and helps capital market segments at banks.
    Quarterly net income at Royal Bank's capital markets unit
rose 23% from a year earlier to C$1.48 billion.
    Shares of the lender have gained about 12% so far in 2026. 
    Royal Bank's net income came in at C$5.51 billion ($3.98
billion), or C$3.85 per share, in the three months ended April
30, compared with C$4.39 billion, or C$3.02 per share, a year
earlier. 
     
  
     
    ($1 = 1.3861 Canadian dollars)

(Reporting by Pritam Biswas in Bengaluru; Editing by Jonathan
Ananda)
((mailto:Pritam.Biswas@thomsonreuters.com;))