Royal Bank of Canada (RY) Earnings Call Summary — July 2026 quarter
Royal Bank of Canada is Canada's largest bank.
Royal Bank of Canada (RY) reported its July 2026 quarter results on August 27, 2026. Earnings per share came in at $3.07 against a $2.89 consensus, so the company beat on the bottom line. Revenue of $13.22B landed above the $12.98B estimate. RY has beaten consensus EPS in 3 of its last 3 scored quarters. Highlights from management's remarks on the call are below.
Key highlights from the call
Operator: “Welcome to RBC's 2026 Third Quarter Results Conference Call.”
President and Chief Executive Officer: “Today, we reported very strong results, including record earnings of $6 billion, up 11% year-over-year.”
Chief Financial Officer: “We delivered record results this quarter with diluted earnings per share of $4.23.”
Chief Risk Officer: “With the improvements in employment and GDP seen in Q2, we maintain a cautiously optimistic outlook that the economy will continue to expand.”
Analyst - Bank of America: “I had a two-part question since you want to limit questions, but both with the angle of trying to understand where Royal can outperform peers on growth.”
What moved the stock
Highlights from RY's Aug 27 report: EPS of $3.07 — a beat vs the $2.89 estimate (+6%); revenue of $13.22B — in line with the $12.98B consensus. Focus now shifts to net interest margin, provisions for credit losses, and capital markets/wealth management results.