Royal Bank Of Canada Stock (RY) moved up slightly higher on a rise in earnings and profits.
Royal Bank Of Canada Stock (RY) Profit Up 12%
Royal Bank of Canada reported fourth-quarter net income of $2.84 billion, up 12 per cent from $2.54 billion a year ago.
This includes stronger gains in personal and commercial banking, wealth management and capital markets – basically across all sectors of the bank.
Profit for the three-month period ended Oct. 31 rose to $1.88 per diluted share, compared with $1.65 during the same period last year.
All figures in this article are in Canadian dollars. This stock trades on both New York and the TSX Composite Index. I trade it on the TSX Composite Index in Canadian dollars.
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Royal Bank Of Canada Stock (RY) Trade Alert – Nov 29 2017
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