Royal Bank of Canada (RY) shares climbed 5% in early Wednesday trading after the company reported third-quarter non-GAAP earnings per share of CAD 3.84, surpassing market expectations by CAD 0.55. Revenue reached CAD 16.99 billion, exceeding forecasts by CAD 960 million.
Royal Bank of Canada attributed its record-breaking performance to robust growth across all business divisions and disciplined risk management strategies.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.