Royal Bank (RY) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on August 28, 2024, might help the stock move higher if these key numbers are better than expect ...

Royal Bank of Canada's ex-CFO Nadine Ahn is suing the bank for $36 million after she was fired over allegations that she was having an affair with another employee – which she denies – and giving him preferential treatment. Ahn claims that she suffered "public humiliation" and "palpable reputational harm," according to the lawsuit filed in the Ontario Superior Court of Justice. The largest Canadian bank said Ahn was fired on April 5 after an investigation found "irrefutable evidence" that she violated the b ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that ...

Shares of Royal Bank of Canada (RY) have gained 5.3% since the release of its fiscal second-quarter 2024 (ended Apr 30) results late last week. Quarterly adjusted net income of C$4.2 billion ($3.09 billion) grew 11% from the prior-year quarter.During the reported quarter, RY completed the previously announced deal to acquire HSBC Bank Canada for C$13.5 billion. Results were driven by higher revenues and loans and deposit balances. However, an increase in expenses and provisions acted as a headwind.Revenues ...

财务数据和关键指标变化 - 公司报告第二季度收益40亿加元,调整后收益42亿加元 [5] - 股本回报率增加至14.5%,调整后股本回报率增加至15.5% [5] - 普通股一级资本充足率为12.8% [22] - 加拿大银行贷款存款比率改善至98% [8] - 公司继续谨慎增加拨备,表现类贷款拨备为2.44亿加元 [8] 各条业务线数据和关键指标变化 - 资本市场业务收入创纪录,达32亿加元,主要受益于财务顾问和发行业务的市场份额增加 [6] - 加拿大银行业务收入增长,受益于强劲的业务量增长和利率上升 [6] - 资产管理和北美财富管理咨询业务收入受益于双位数的费用资产增长 [6] 各个市场数据和关键指标变化 - 加拿大经济增长相对较弱,受到利率上升和失业率上升的影响 [13] - 美国经济相对较强,通胀持续高于目标范围 [13] - 预计加拿大央行将先于美联储开始降息 [13] 公司战略和发展方向及行业竞争 - 公司完成收购汇丰银行加拿大业务,这是公司155年历史上最大的收购交易 [9] - 收购后公司将成为商业客户、新移民和需要全球服务的零售客户的首选银行 [10] - 公司计划在两年内实现7.4亿加元的协同成本节约 [11] - 公司预计该交易将产生14亿加元的调整后收益 [12] - 公司正在投资人工智能技术,应用于零售银行、风险管理等领域 [7] - 公司推出了新的现金管理业务RBC Clear,以增加美国资金来源的多样性 [16] 管理层对经营环境和未来前景的评论 - 加拿大经济增长相对较弱,受到利率上升和失业率上升的影响 [13] - 美国经济相对较强,通胀持续高于目标范围 [13] - 预计加拿大央行将先于美联储开始降息 [13] - 公司对未来前景保持乐观,认为有强劲的内部资本生成能力和良好的增长前景 [19] 其他重要信息 - 公司宣布增加4分或3%的季度股息 [8] - 公司宣布计划回购最多3000万股普通股 [8] 问答环节重要的提问和回答 问题1 **John Aiken 提问** 询问资本市场业务的前景 [43] **Derek Neldner 回答** 预计资本市场业务在下半年将有所放缓,但仍保持较好的表现 [44][45] 问题2 **Ebrahim Poonawala 提问** 询问公司的资本配置策略和RBC Clear业务的机遇 [48] **David McKay 和 Derek Neldner 回答** 公司将保持灵活的资本配置策略,同时看好RBC Clear业务的发展前景 [49][51][52] 问题3 **Graeme Hepworth 回答** 预计信贷质量将继续恶化,但公司已做好充分准备,将根据经济环境变化适时调整拨备 [60][61][62][64]

Royal Bank of Canada Second Quarter Results May 30, 2024 All amounts are in Canadian dollars unless otherwise indicated and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Effective November 1, 2023, we adopted IFRS 17 Insurance Contracts (IFRS 17) and comparative amounts have been restated from those previously presented. Totals may not add and percentage changes may not reflect actual changes due to rou ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Royal Bank (RY) reports results for the quarter ended April 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 30. On the ot ...

Royal Bank of Canada (NYSE:RY) National Bank Financial's 22nd Annual Financial Services Conference March 26, 2024 9:10 AM ET Company Participants Derek Neldner - CEO and Group Head Conference Call Participants Gabriel Dechaine - National Bank Financial Operator Question-and-Answer Session Operator [Operator Instructions] …maybe jump into that one right away. What does that involve, the new responsibility? And I guess there have been a lot of, let's say, changes at CNB taking place over the past year plus. W ...

Royal Bank of Canada (NYSE:RY) RBC Capital Markets Global Financial Institutions Conference March 5, 2024 8:00 AM ET Company Participants Venkat Badinehal - Head, US Financial Institutions Group Derek Neldner - Chief Executive Officer & Group Head, RBC Capital Markets Dave McKay - President & Chief Executive Officer Conference Call Participants Venkat Badinehal Good morning, everyone. On behalf of RBC, I wanted to thank everyone for being here. We always -- last meeting I had last year at the conference the ...

Royal Bank of Canada (NYSE:RY) Q1 2024 Earnings Conference Call February 28, 2024 8:00 AM ET Company Participants Asim Imran - Head, Investor Relations Dave McKay - President & Chief Executive Officer Nadine Ahn - Chief Financial Officer Graeme Hepworth - Chief Risk Officer Neil McLaughlin - Group Head, Personal & Commercial Banking Doug Guzman - Group Head, Wealth Management & Insurance Conference Call Participants Meny Grauman - Scotiabank Ebrahim Poonawala - Bank of America Doug Young - Desjardins Capita ...