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