RBC profit up 4 per cent, beating expectations

RBC profit up 4 per cent, beating expectations

RBC profit up 4 per cent, beating expectations The second of the big banks to announce financial results has beaten expectations. Following the BMO profit increase of 6 per cent announced earlier in the week, Royal Bank of Canada announced a 4 per cent rise to almost $2.5 billion with personal banking net income up 13 per cent from the same period last year.