Royal Bank of Canada - 3Q net profit of CAD 2.475bn ($1.87bn), up 4% YoY. The bank said it expects to earn CAD$2.4bn in the first quarter and $3.1bn for the full year.
Royal Bank of Canada - 3Q net profit of CAD 2.475bn ($1.87bn), up 4% YoY. CEO David McKay said he is confident the bank can weather the present tough economic conditions despite its loan books beginning to feel the impact of lower oil prices.