News Formal

Royal Bank of Canada's profit rises on strength in lending business

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

(Reuters) - Royal Bank of Canada on Thursday posted a rise in third-quarter profit as a high-interest rate environment boosted its lending business.

The bank's profit came in at C$3.81 billion, or C$2.73 per share, in the three months ended July 31, compared with C$3.52 billion, or C$2.51 per share, a year earlier.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Royal Bank of Canada’s profit rises on strength in lending businessRBC posted third-quarter earnings per share of $2.73 compared with $2.51 a year earlier
Source: globeandmail - 🏆 5. / 92 Read more »

Labour market key for Bank of Canada interest rate decisions: CIBCIndicators, including unemployment, job vacancy rates and wage growth, could show whether the job market is in excess demand or supply.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »