Other income, including lending assets, see great growth
The bank’s three main business segments all experienced higher productivity
Last year’s massive Q3 loss was a result of Enron-related litigation costs
Exchange sets December vote for NYSE merger, which would create the largest global exchange
Company sees significant growth in retail and commercial lending in domestic banking
Company continues its trend of triple-digit growth in revenue for three consecutive quarters
Marked increase in savings and insurance sales
Royal Bank of Canada today reported that its third-quarter profit rose 20% on strong revenue growth across all business segments.Canada’s largest bank by market capitalization said it earned net income of $1.18 billion, or 90¢ a share, in the three months ended July 31. That is up from $979 million, or 74¢ a share, in […]
Revenue down, but net income up more than 100%
Company also raises dividend by 9%