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RBC Posts Record Q4 Profit but CEO Raises Concerns About Uneven Economic Recovery
Royal Bank of Canada’s profit rose 29% to $5.4 billion due to gains in capital markets and wealth management despite weaker insurance results, boosting shareholder dividends.
- On Dec. 3, 2025, Royal Bank of Canada reported net income of $5.43 billion for the quarter ended Oct. 31 and raised its quarterly dividend to $1.64 per share.
- RBC's business drivers include the bank's trading and fee-based businesses, with capital markets profit near $1.43 billion and wealth management at $1.28 billion, according to last year's results.
- Revenue data show that RBC's total revenue reached $17.21 billion and adjusted earnings per share of $3.85 topped analysts' expectation of about $3.55 per share.
- The bank responded by raising its return-on-equity target to more than 17 per cent after surpassing 16 per cent, with Dave McKay, chief executive officer, saying financial strength supports growth to 2026.
- The bank also flagged elevated provisions and costs, with provisions for credit losses totaling $1-billion, including $984-million against loans, and expenses of $9.4-billion, RBC said.
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15 Articles
Royal Bank of Canada far exceeded analysts' expectations by announcing record results for the fourth quarter, which showed an increase in profits in most of its divisions.
·Montreal, Canada
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Winnipeg Free Press+4 Reposted by 4 other sources
RBC reports fourth-quarter profit up from year ago, raises dividend
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Coverage Details
Total News Sources15
Leaning Left6Leaning Right1Center5Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 42%
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