Royal Bank of Canada Reports Q1 Revenue of C$17.96B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy RY?
Reports Q1 revenue C$17.96B vs. C$16.74B last year. Dave McKay, President and CEO of Royal Bank of Canada: "RBC entered the 2026 fiscal year in a position of strength across our diversified business model and the core global markets where we operate. We carried this momentum into our first quarter, reporting record results underpinned by strong earnings growth, our robust balance sheet and capital position, and a premium ROE that continues to deliver value for our shareholders. Our record performance is a direct reflection of our world-class client franchises and Team RBC's commitment to delivering exceptional service, advice and insights at scale. In an increasingly complex world, we are focused on bringing the full power of RBC's global capabilities to support our clients and meet their evolving needs."
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Analyst Views on RY
Wall Street analysts forecast RY stock price to rise
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 167.230
Low
158.37
Averages
168.73
High
177.08
Current: 167.230
Low
158.37
Averages
168.73
High
177.08
About RY
Royal Bank of Canada (RBC) is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Capital Markets, and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and the United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions for businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines: corporate and investment banking and global markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, as well as creditor and business insurance services to individual, business and group clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- OPEC's Response Measures: OPEC plans to increase output by 206,000 barrels per day starting in April to counter potential supply disruptions, demonstrating the organization's flexibility and adaptability in times of crisis.
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- Net Interest Income: Although net interest income of C$8.59 billion slightly missed the Visible Alpha consensus of C$8.61 billion, it increased from C$7.95 billion in Q1 2025, demonstrating the bank's adaptability in a changing interest rate environment.
- Segment Performance: Personal Banking adjusted net income rose to C$2.00 billion, up 17% year-over-year, while Commercial Banking and Wealth Management also reported year-over-year increases of 10% and 26%, respectively, showcasing robust growth under a diversified business model.
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