Royal Bank of Canada Q2 Earnings Improve Y/Y on Higher Revenues
Key Takeaways RY posted C15.67 billion, led by strong net interest income growth. Higher expenses and a 54.8% jump in credit loss provisions pressured profitability and shares.Royal Bank of Canada’s (RY) second-quarter fiscal 2025 (ended April 30) adjusted net income available to common shareholders was C3.10 billion), up 6.9% from the prior-year quarter.Results reflec ...