Royal Bank of Canada

RY: XTSE (CAN)
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Royal Bank of Canada Earnings: Net Interest Income Growth Lags Peers; Share Remain Overvalued

Royal Bank of Canada reported solid fiscal third-quarter results. Adjusted earnings per share of CAD 4.28 grew 11% from the prior-year quarter. The results translate into an adjusted return on equity of 17.9%, above the bank's medium-term target of 17.0%-plus.

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