RBC Beats Estimates on Strong Results Across Its Business Lines


Net interest income, the difference between what the firm charges on loans and pays out on deposits, was C$8.51 billion, more than the C$8.47 billion analysts forecast. Royal Bank also saw better-than-expected results on fee revenue, with noninterest income totaling C$8.95 billion, topping the C$8.63 billion average estimate.



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