RBC's quarterly profit misses forecasts, challenging economic outlook prompts loan-loss buffer - The Globe and Mail


8/24/2022 12:00:00 AM2 years 8 months ago
by James Bradshaw

On an adjusted basis, RBC says it earned $2.55 per share in the third quarter, short of the $2.66 analysts had been expecting

Royal Bank of Canadas third-quarter profit fell 17 per cent as the bank started rebuilding reserves against possible loan defaults, with CEO Dave McKay warning North Americas economy is getting close… [+4942 chars]

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