Royal Bank Of Canada (NYSE:RY) Releases Earnings Results, Beats Expectations By $0.03 EPS

Posted by Jeff Wilder on May 30th, 2026

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) posted its quarterly earnings results on Thursday. The financial services provider reported $2.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.81 by $0.03, Zacks reports. Royal Bank Of Canada had a net margin of 15.92% and a return on equity of 17.83%. The company had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $12.74 billion. During the same period last year, the firm earned $3.12 EPS. The company’s revenue for the quarter was up 11.4% on a year-over-year basis.

Here are the key takeaways from Royal Bank Of Canada’s conference call:

RBC reported CAD 5.5 billion in earnings and CAD 5.6 billion adjusted, its second-highest quarterly performance on record, with 17.2% ROE and a strong 13.5% CET1 ratio.
Capital Markets delivered record net income, driven by strong investment banking, record equities revenue, and solid FICC results, while the pipeline remained healthy across M&A, debt, equity, and lending activity.
Wealth Management continued to perform well, with strong client inflows, including CAD 10 billion in net new assets in Canadian Wealth and US$5 billion in U.S. net new assets, supported by market appreciation and advisor recruitment.
Management remained cautious on credit, citing elevated uncertainty from tariffs, geopolitical tensions, and trade negotiations. Gross impaired loans increased, but provisions on performing loans were modest and the bank said full-year impaired loan provisions remain within prior guidance.
RBC raised its quarterly dividend by CAD 0.12 and announced a new normal course issuer bid for up to 45 million shares, signaling confidence in capital generation and willingness to return more capital to shareholders.

Royal Bank Of Canada Trading Up 0.5%

Shares of Royal Bank Of Canada stock opened at $189.92 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.70 and a quick ratio of 0.70. Royal Bank Of Canada has a 1 year low of $124.19 and a 1 year high of $191.51. The company has a market capitalization of $265.45 billion, a P/E ratio of 17.06, a P/E/G ratio of 1.48 and a beta of 0.80. The business has a 50 day moving average price of $175.27 and a 200 day moving average price of $168.46.

Royal Bank Of Canada Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, July 27th will be given a dividend of $1.76 per share. The ex-dividend date is Monday, July 27th. This represents a $7.04 annualized dividend and a dividend yield of 3.7%. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.64. Royal Bank Of Canada’s payout ratio is presently 46.54%.

Institutional Trading of Royal Bank Of Canada

Hedge funds and other institutional investors have recently bought and sold shares of the company. Johnson Financial Group Inc. purchased a new stake in Royal Bank Of Canada in the 3rd quarter worth approximately $27,000. Swiss RE Ltd. purchased a new stake in Royal Bank Of Canada in the 4th quarter worth approximately $58,000. Strive Financial Group LLC purchased a new stake in Royal Bank Of Canada in the 4th quarter worth approximately $61,000. Smartleaf Asset Management LLC grew its stake in Royal Bank Of Canada by 86.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 388 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 180 shares during the period. Finally, Triumph Capital Management purchased a new stake in Royal Bank Of Canada in the 3rd quarter worth approximately $78,000. 45.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Scotiabank reiterated an “outperform” rating on shares of Royal Bank Of Canada in a research report on Monday, May 4th. Barclays restated an “overweight” rating on shares of Royal Bank Of Canada in a research report on Thursday, February 19th. Weiss Ratings downgraded Royal Bank Of Canada from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 18th. Raymond James Financial downgraded Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 12th. Finally, Zacks Research downgraded Royal Bank Of Canada from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Royal Bank Of Canada has a consensus rating of “Moderate Buy” and a consensus price target of $162.00.

Get Our Latest Stock Report on RY

Key Headlines Impacting Royal Bank Of Canada

Here are the key news stories impacting Royal Bank Of Canada this week:

Positive Sentiment: Royal Bank of Canada reported quarterly earnings and revenue above analyst expectations, helped by stronger-than-forecast results across most business segments and lower loan-loss provisions. RBC Beats Estimates on Strong Results Across Its Business Lines
Positive Sentiment: The company increased its quarterly dividend to $1.76 per share from $1.64, signaling management confidence in earnings power and capital strength. Royal Bank Of Canada Price Performance
Positive Sentiment: Management sounded upbeat on the Canadian economy and said it is not worried about fintech competition, reinforcing the view that RBC can defend its market position. RBC CEO not afraid of competition, dismisses possibility of fintech disruption
Neutral Sentiment: Insider buying was reported in a separate RIAEX filing tied to Global Asset Management (U.S.) Inc. RBC, but it does not appear directly related to Royal Bank of Canada’s public shares. Insider Purchase: 10% owner at $RIAEX Buys 1,956,000 Shares

About Royal Bank Of Canada

(Get Free Report)

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.