The second of the big banks to announce financial results has beaten expectations
![Steve Randall](https://cdn-res.keymedia.com/cdn-cgi/image/f=auto/https://cdn-res.keymedia.com/cms/images/ca/100/0311_637073080252507882.png)
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.