RBC Q3 Profit Rises to $5.4B, Revenue Up

Royal Bank of Canada reported a Q3 profit of $5.4 billion, up from $4.5 billion in the same quarter last year. Revenue rose to $16.99 billion from $14.63 billion. The provision for credit losses increased to $881 million from $659 million. Adjusted earnings per share were $3.84, up from $3.26.

Title: Royal Bank of Canada Reports Strong Q3 Earnings

Royal Bank of Canada (RBC) has reported robust earnings for the third quarter of 2025, with net income rising to CAD 5.41 billion, up from CAD 4.49 billion in the same period last year. This represents a significant 21% increase year-over-year. The Toronto-based bank also reported adjusted earnings per share of CAD 3.84, up from CAD 3.26 a year earlier, beating analysts' expectations [2].

Total revenue for the quarter was CAD 16.99 billion, a 16% increase from the previous year's CAD 14.63 billion. The bank's capital markets business saw a notable 13% jump in net income to CAD 1.33 billion, driven by higher revenue in investment banking and stronger equity markets in the United States and Canada. RBC's wealth management unit also contributed significantly to the overall growth, with net income rising 15% to CAD 1.1 billion [2].

The provision for credit losses increased to CAD 881 million, up from CAD 659 million in the same period last year. However, this figure was below the CAD 1.06 billion expected by analysts, indicating a more favorable outlook on the risk of default. The bank's capital position remained strong, with a common equity Tier 1 ratio of 13.2%, steady on the quarter before and up from 13% a year earlier [1].

The improved financial performance is attributed to growth across each of RBC's business segments, reflecting a diversified business model and disciplined approach to risk and expense management. The bank's President and Chief Executive Officer, Dave McKay, attributed the strong results to RBC's focus on clients and investments in technology and talent [4].

Overall, RBC's Q3 results demonstrate the bank's resilience and growth potential in a rapidly changing economic landscape. The bank continues to deliver strong performance across its segments, positioning itself well for future growth opportunities.

# References:
[1] https://www.marketscreener.com/news/royal-bank-of-canada-earnings-rise-credit-loss-provision-lower-than-expected-ce7c50dedd8df723
[2] https://www.marketscreener.com/news/rbc-s-third-quarter-profit-rises-on-strength-in-wealth-management-unit-ce7c50deda8ef627
[4] https://finance.yahoo.com/news/royal-bank-canada-reports-third-100000645.html