Canada's RBC quarterly profit rises on personal banking strength-February 2024-www.financetom.com

Canada's RBC quarterly profit rises on personal banking strength

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Canada's RBC quarterly profit rises on personal banking strength

Dec 4, 2024 3:19 AM

Dec 4 (Reuters) - Royal Bank of Canada ( RY ) reported

a rise in fourth-quarter profit on Wednesday as the country's

biggest lender benefited from strong performance in its personal

banking business.

The bank's adjusted net income rose to C$4.44 billion

($3.16 billion), or C$3.07 per share, in the three months ended

Oct. 31, from C$3.77 billion, or C$2.65 per share, a year

earlier.

($1 = 1.4064 Canadian dollars)

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