Royal Bank of Canada gains after Q4 profit beat

Royal Bank of Canada

03/12/2025 12:37

** U.S.-listed shares of Royal Bank of Canada RY.TO rise 2.3% to $158 premarket

** Co beats analysts' estimates for Q4 earnings, powered by strong income from its capital markets segment and higher fees at its wealth management business

** Tariff-driven volatility in markets increased trading activity in Q4, helping the capital markets segment

** RY also benefited from higher fees due to boom in M&A activity

** RY reports Q4 adj. EPS of C$3.85, beating analysts' average estimate of C$3.53, according to data compiled by LSEG

** RY beats profit estimates for second consecutive quarter

** 13 of 16 brokerages rate the stock "buy" or higher, and 3 rate it "hold"; their median PT is C$212.50

** RY stock is up 28.1% YTD, up to last close

(Reporting by Utkarsh Tushar Hathi in Bengaluru)

((utkarshtushar.hathi@thomsonreuters.com))