FN2 Earnings Intelligence

Royal Bank of Canada earnings overview

Latest Royal Bank of Canada (RY) earnings intelligence, including the newest scorecard, market reaction, and transcript analysis.

Next reportRoyal Bank of Canada reports Thursday, Dec 3, 2026 · Before market openConsensus EPS $2.98 · consensus revenue $12.94B
RY FY2026 Q3 · Calendar Q3 2026

Royal Bank of Canada

RBC's record Q3 earnings and diversified growth support a constructive outlook, but the durability of earnings depends on converting AI and transaction-banking investment into returns while managing margin, credit and macro risks.

EPS surprise+6.2%
Market move-1.3%
RY FY2026 Q2 · Calendar Q2 2026

Royal Bank of Canada

The quarter supports a constructive operating picture for RBC: broad-based revenue growth, stronger fee businesses, AI-related productivity gains and continued U.S. expansion outweighed the risks discussed on the call. The evidence remains balanced by macro uncertainty, credit-quality questions and net-interest-margin pressure.

EPS surprise+1.1%
Market move-0.1%
RY FY2026 Q1 · Calendar Q1 2026

Royal Bank of Canada

The supplied analysis supports a constructive operating picture: broad-based business strength, deposit and mutual-fund inflows, and investment in AI and digital platforms. The main counterweights are modest mortgage growth, possible margin pressure, provisions, and regulatory uncertainty.

EPS surprise+4.6%
Market move-2.2%
RY FY2025 Q3 · Calendar Q3 2025

Royal Bank of Canada

The supplied analysis supports a constructive but conditional view: strong client flows, diversified revenue, realized HSBC Canada synergies, and investment in AI and digital banking support earnings momentum, while trade-policy uncertainty, credit costs, and insurance volatility test its durability.

EPS surprise+18.2%
Market move+5.5%
RY FY2025 Q2 · Calendar Q2 2025

Royal Bank of Canada

RBC's Q2 analysis supports a constructive operating thesis: deposit growth, wealth-management fees, capital-markets activity, HSBC Canada synergies, and AI/data investment provide growth avenues. The thesis is moderated by reserve and impaired-loan trends, margin pressure, and macro uncertainty.

EPS surprise—
Market move-3.1%

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