RBC Posts Record Q3 Net Income of C$6.0B, EPS Up 13%
RY sits 51% above its 52-week low of $136.1.
Summary
RBC reported record Q3 2026 net income of C$6.0 billion, up 11% YoY, with diluted EPS of C$4.23. Wealth Management drove the beat with 32% profit growth, and the bank returned C$4.0 billion to shareholders.
Key Events · Earnings and Guidance · RY
-
Record Q3 Net Income
Net income of C$6.0 billion, up 11% YoY and 9% QoQ, driven by Wealth Management (+32%), Capital Markets (+16%), and Commercial Banking (+12%).
-
EPS and ROE Expansion
Diluted EPS of C$4.23, up 13% YoY; ROE of 17.9%, up 60 bps YoY and 70 bps QoQ.
-
Capital Return to Shareholders
C$4.0 billion returned in Q3, including C$1.6 billion in share buybacks and C$2.4 billion in common share dividends.
-
CRA Tax Reassessment
Received a C$444 million reassessment from the CRA for the 2021 taxation year related to denied dividend deductibility; RBC intends to defend its position.
Analysis · RY · Finance
Royal Bank of Canada delivered record third-quarter earnings with net income up 11% year-over-year to C$6.0 billion and diluted EPS up 13% to C$4.23. Wealth Management led the growth with a 32% profit surge, while Capital Markets and Commercial Banking also posted double-digit gains. The bank returned C$4.0 billion to shareholders through buybacks and dividends, and its CET1 ratio held steady at 13.5%. A C$444 million CRA tax reassessment and the pending Moneris sale add notable items to the quarter.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RY was trading at $204.99 on NYSE in the Finance sector, with a market capitalization of approximately $287.2B. The 52-week trading range was $136.10 to $218.57. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.