During the reported quarter, RY completed the previously announced deal to acquire HSBC Bank Canada for C$13.5 billion. Results were driven by higher revenues and loans and deposit balances. However, an increase in expenses and provisions acted as a headwind. Revenues Improve, Expenses Rise Total revenues were C$14.15 billion ($10.43 billion), up 14% year over year. Net interest income (NII) was C$6.62 billion ($4.88 billion), growing 9% from the prior-year quarter. Non- interest income was C$7.53 billion ( ...

财务数据和关键指标变化 - 公司报告第二季度收益40亿加元,调整后收益42亿加元 [5] - 股本回报率增加至14.5%,调整后股本回报率增加至15.5% [5] - 普通股一级资本充足率为12.8% [22] - 加拿大银行贷款存款比率改善至98% [8] - 公司继续谨慎增加拨备,表现类贷款拨备为2.44亿加元 [8] 各条业务线数据和关键指标变化 - 资本市场业务收入创纪录,达32亿加元,主要受益于财务顾问和发行业务的市场份额增加 [6] - 加拿大银行业务收入增长,受益于强劲的业务量增长和利率上升 [6] - 资产管理和北美财富管理咨询业务收入受益于双位数的费用资产增长 [6] 各个市场数据和关键指标变化 - 加拿大经济增长相对较弱,受到利率上升和失业率上升的影响 [13] - 美国经济相对较强,通胀持续高于目标范围 [13] - 预计加拿大央行将先于美联储开始降息 [13] 公司战略和发展方向及行业竞争 - 公司完成收购汇丰银行加拿大业务,这是公司155年历史上最大的收购交易 [9] - 收购后公司将成为商业客户、新移民和需要全球服务的零售客户的首选银行 [10] - 公司计划在两年内实现7.4亿加元的协同成本节约 [11] - 公司预计该交易将产生14亿加元的调整后收益 [12] - 公司正在投资人工智能技术,应用于零售银行、风险管理等领域 [7] - 公司推出了新的现金管理业务RBC Clear,以增加美国资金来源的多样性 [16] 管理层对经营环境和未来前景的评论 - 加拿大经济增长相对较弱,受到利率上升和失业率上升的影响 [13] - 美国经济相对较强,通胀持续高于目标范围 [13] - 预计加拿大央行将先于美联储开始降息 [13] - 公司对未来前景保持乐观,认为有强劲的内部资本生成能力和良好的增长前景 [19] 其他重要信息 - 公司宣布增加4分或3%的季度股息 [8] - 公司宣布计划回购最多3000万股普通股 [8] 问答环节重要的提问和回答 问题1 **John Aiken 提问** 询问资本市场业务的前景 [43] **Derek Neldner 回答** 预计资本市场业务在下半年将有所放缓,但仍保持较好的表现 [44][45] 问题2 **Ebrahim Poonawala 提问** 询问公司的资本配置策略和RBC Clear业务的机遇 [48] **David McKay 和 Derek Neldner 回答** 公司将保持灵活的资本配置策略,同时看好RBC Clear业务的发展前景 [49][51][52] 问题3 **Graeme Hepworth 回答** 预计信贷质量将继续恶化,但公司已做好充分准备,将根据经济环境变化适时调整拨备 [60][61][62][64]

(1) This is a non-GAAP measure. See note 3 on slide 45. (2) This is a non-GAAP measure. See note 1 on slide 45. (3) See note 4 on slide 45. (4) This is a non-GAAP measure. See note 5 on slide 45. (5) This is a non-GAAP measure. See note 6 on slide 45. (6) This is a non-GAAP measure. See note 2 on slide 45. (7) See note 7 on slide 45. (8) This is a non-GAAP measure. See note 8 on slide 45. CET1(1) Movement 590.3 653.7 44.1 7.2 4.1 3.3 4.7 Q1/2024 (3) HBCA Transaction Credit & Op Risk (Excluding FX) Market Ri ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Royal Bank (RY) reports results for the quarter ended April 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 30. On the o ...

Royal Bank of Canada (NYSE:RY) National Bank Financial's 22nd Annual Financial Services Conference March 26, 2024 9:10 AM ET Company Participants Derek Neldner - CEO and Group Head Conference Call Participants Gabriel Dechaine - National Bank Financial Operator Question-and-Answer Session Operator [Operator Instructions] …maybe jump into that one right away. What does that involve, the new responsibility? And I guess there have been a lot of, let's say, changes at CNB taking place over the past year plus. W ...

Royal Bank of Canada (NYSE:RY) RBC Capital Markets Global Financial Institutions Conference March 5, 2024 8:00 AM ET Company Participants Venkat Badinehal - Head, US Financial Institutions Group Derek Neldner - Chief Executive Officer & Group Head, RBC Capital Markets Dave McKay - President & Chief Executive Officer Conference Call Participants Venkat Badinehal Good morning, everyone. On behalf of RBC, I wanted to thank everyone for being here. We always -- last meeting I had last year at the conference the ...

Great. Thank you, Nadine, and good morning, everyone. In our retail portfolio, delinquencies, insolvencies, and impairments continue to increase, with delinquencies and impairments above pre-pandemic levels. In our wholesale portfolio, we continue to see growth in watchlist exposure, net credit downgrades, and more names being transferred to our special loans team. As a result, and as Dave noted earlier, we added $133 million of provisions on performing loans this quarter. This marks the seventh consecutive ...

▪ U.K. & Europe: Down YoY, driven by lower fixed income trading, partly offset by higher equity trading ▪ Australia, Asia & Other: Down YoY, driven by lower M&A fees 33 35 35 54 55 56 34 32 31 551 544 533 Q1/2023 Q4/2023 Q1/2024 121 122 123 Capital Markets Lending Revenue ($ millions) & Average Loans Outstanding by Region (1) ($ billions) ▪ We continue to deepen relationships with our clients, including financing to support their strategic objectives ▪ Diversification driven by strict limits on a single nam ...