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RBC Reports Q2 Profit up 25 per Cent From Year Ago, Raises Dividend

The bank beat analyst estimates as capital markets revenue rose 23% and provisions for credit losses fell to $912 million.

Summary by City News
TORONTO — Royal Bank of Canada raised its quarterly dividend as it reported its second-quarter profit rose 25 per cent compared with a year earlier. The bank says it will now pay a quarterly dividend of $1.76 per share, an increase from $1.64 per share. The increased payment to shareholders came as RBC says it earned $5.51 billion or $3.85 per diluted share for the quarter ended April 30, up from a profit of $4.39 billion or $3.02 per diluted sh…

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Seeking Alpha broke the news in United States on Thursday, May 28, 2026.
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