Royal Bank of Canada (NYSE:RY) reported a 16% YoY increase in total revenue for FY 2025, attributed to higher net interest income and investment management. The company’s net income rose to C$20.3 billion, with diluted EPS at $14.07, showing growth across all business segments. CET1 ratio increased to 13.5% YoY.
PCL (Provision for credit losses) increased by $167 million, or 20% YoY, mainly due to higher provisions in Commercial Banking, Capital Markets, and Personal Banking. RY operates as a diversified financial service company worldwide. Consider AI stocks for greater upside potential and less downside risk.
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Read more at Yahoo Finance: Royal Bank of Canada (RY) Releases FY 2025 Results
