Royal Bank of Canada

RY

Market cap $207B

RY has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

For the longest time, shares of banks like Royal Bank of Canada (RY) and Bank of Montreal (BMO) essentially marked time. But the banks caught fire in mid-2024, then broke out above prior highs across the board this year.

Royal Bank of Canada (TSX:RY:CA ) Barclays 23rd Annual Global Financial Services Conference September 9, 2025 2:00 PM EDT Company Participants Katherine Gibson - CFO & Controller Conference Call Participants Brian Morton - Barclays Bank PLC, Research Division Presentation Brian Morton Research Analyst Good afternoon, and welcome back to our afternoon session. Our next presentation is from Royal Bank of Canada.

Royal Bank of Canada (TSX:RY:CA ) 2025 Scotiabank Financials Summit September 3, 2025 9:30 AM EDT Company Participants David McKay - President, CEO & Director Conference Call Participants Mehmed Rizvanovic - Scotiabank Global Banking and Markets, Research Division Presentation Mehmed Rizvanovic MD & Insurance Analyst So we'd like to welcome our next guest today, which is Dave McKay, CEO of Royal Bank of Canada. Good morning, Dave.

Does Royal Bank (RY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Royal Bank of Canada delivered strong Q3 results with 21% net income growth and robust ROE, supported by diversified earnings across banking, wealth, and capital markets. Despite operational strength, RY stock trades at a premium valuation, with limited upside as earnings growth normalizes and multiple expansion stalls. HSBC Canada integration is progressing well, but future accretion will fade and mortgage renewal headwinds plus elevated provisions pose risks.

Royal Bank of Canada (TSX:RY) shares moved higher after the bank reported strong earnings for the fiscal third quarter, including record net income. Net income for the quarter was $5.4 billion, up 21% year-over-year.

Royal Bank of Canada (NYSE:RY ) Q3 2025 Earnings Conference Call August 27, 2025 8:00 AM ET Company Participants Asim Imran - Senior VP & Head of Investor Relations David I. McKay - President, CEO & Director Derek Neldner - Group Head & CEO of RBC Capital Markets Erica Nielsen - Group Head of RBC Personal Banking Graeme Hepworth - Chief Risk Officer Jennifer Publicover - Group Head of RBC Insurance Katherine Gibson - CFO & Controller Sean Amato-Gauci - Group Head of RBC Commercial Banking Conference Call Participants Ebrahim Huseini Poonawala - BofA Securities, Research Division Gabriel Dechaine - National Bank Financial, Inc., Research Division John Aiken - Jefferies LLC, Research Division Mario Mendonca - TD Cowen, Research Division Matthew James Lee - Canaccord Genuity Corp., Research Division Mehmed Rizvanovic - Scotiabank Global Banking and Markets, Research Division Paul David Holden - CIBC Capital Markets, Research Division Sohrab Movahedi - BMO Capital Markets Equity Research Operator Good morning, ladies and gentlemen.

Royal Bank (RY) came out with quarterly earnings of $2.79 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.38 per share a year ago.