News Formal

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

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

RBC posted third-quarter earnings per share of $2.73 compared with $2.51 a year earlier

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 $3.81-billion, or $2.73 per share, in the three months ended July 31, compared with $3.52-billion, or $2.51 per share, a year earlier.Checking box will enable automatic data updates.

 

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

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines

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

Debt among Canadian millennials at record levels, while earnings haven’t kept up: RBC reportCanadian millennials are more likely to face the brunt of a wavering labour market as most face mounting debt with an income that fails to keep up with inflation, according to a report from RBC Economics.
Source: CTVNews - 🏆 1. / 99 Read more »