09:30 AM EST, 02/26/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Royal Bank of Canada (RY) beat Q1 FY 26 (Oct.) earnings with operating EPS of CAD4.08 vs. CAD3.62 in the prior year, CAD0.24 above consensus. Total revenue reached CAD18.0B (+7% Y/Y), reflecting broad-based growth across Personal Banking, Wealth Management, and Capital Markets. RY's superior execution was evident as adjusted ROE reached 17.8% (+60 bps Y/Y), significantly outpacing peers struggling to surpass 15% ROE. Credit quality declined modestly with gross impaired loans rising 8 bps Y/Y to 86 bps, while provisions increased CAD40M to CAD1.09B. Business segment performance was strong with Personal Banking delivering CAD1,962M net income (+17% Y/Y), Wealth Management contributing CAD1,295M (+32% Y/Y), and Capital Markets generating CAD1,478M (+3% Y/Y). RY's capital position strengthened with a CET1 ratio of 13.7% (+20 bps Q/Q), contrasting with peers that reduced capital through share repurchases, supporting future shareholder returns and growth investments.
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