Financial Performance - Royal Bank of Canada (RBC) reported record results, driven by a 29% year-over-year increase in reported net income available to common shareholders[8, 16] - Adjusted net income increased by 25% year-over-year[8, 16] - Pre-Provision, Pre-Tax Earnings (PPPT) grew by 29% year-over-year[8, 16] - Revenue increased by 14% year-over-year to $17209 million[16] - All-bank operating leverage was 103%[8] - The all-bank efficiency ratio was 545%[8] Segment Performance - Personal Banking net income increased by 20% year-over-year[8, 16] - Commercial Banking net income increased by 5% year-over-year[8, 16] - Wealth Management net income increased by 33% year-over-year[8, 16] - Capital Markets net income increased by 45% year-over-year[8, 16] Capital and Dividends - The CET1 ratio was 135%, up 30 bps quarter-over-quarter[8, 20] - RBC repurchased 48 million shares for $987 million[8, 21] - The dividend increased by $010 or 6% quarter-over-quarter[8]

Core Viewpoint - Royal Bank of Canada increased its dividend by 6.5% following a record net income in the last quarter of its fiscal year, driven by higher earnings across most business segments [1] Summary by Categories Financial Performance - The company reported record net income in the final quarter of its fiscal year [1] - Earnings increased across most business segments, contributing to the overall financial success [1] Dividend Policy - The dividend was raised by 6.5%, reflecting the company's strong financial performance and commitment to returning value to shareholders [1]

Client Focused, Future Ready Client Focused, Future Ready Royal Bank of Canada Annual Report 2025 Royal Bank of Canada Annual Report 2025 Who we are Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 100,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank an ...

Royal Bank of Canada tops estimates on strong results in its capital-markets and wealth-management divisions https://t.co/YEpJlAPUDx ...

Financial Performance - Royal Bank of Canada (RBC) reported an adjusted earnings per share (EPS) of C$3.85 for Q4 2025, exceeding analyst estimates of C$3.45 to C$3.54 [2][10] - RBC's net income for Q4 2025 was C$5.434 billion, reflecting a 29% increase from the previous year, with a Return on Equity (RoE) of 16.8% [3][10] - The bank's revenue for the quarter reached C$17.21 billion, surpassing expectations of C$16.72 billion to C$16.412 billion [2][10] Technology Sector - Nvidia (NVDA) is experiencing significant free cash flow, estimated to be near $100 billion for the current fiscal year, leading to strategic investments including a $5 billion investment in Intel and a planned $100 billion investment in OpenAI [4][10] - Nvidia has repurchased nearly $50 billion of its own stock over the past four quarters, with an additional $60 billion added to its buyback plan [4][10] Commodities Market - Trafigura's Chief Economist Saad Rahim indicated that India's oil consumption growth is projected to outpace China's for the first time in 2025, driven by urbanization and rising incomes [6][10] - China's oil demand is expected to hit a multiyear low in 2026, as its underlying crude consumption growth slows [6][10] European Economic Indicators - In Germany, new passenger car registrations increased by 2.5% year-over-year in November, totaling 250,671 units, indicating a slight recovery in the automotive sector [7][10] Monetary Policy Insights - ECB Chief Economist Philip Lane stated that a monetary policy response is necessary for "sufficiently large and persistent" deviations from the 2% inflation target, but cautioned against reacting to temporary fluctuations [8][10]

Market Overview - U.S. stock futures are showing a positive trajectory, indicating continued upward momentum after a technology-driven rally [1][2] - Major indexes closed higher on December 2nd, with the Dow Jones Industrial Average rising by 0.39% to 47,474.46, S&P 500 gaining 0.25% to 6,829.37, and Nasdaq Composite increasing by 0.59% to 23,413.67 [4] Economic Data and Federal Reserve Expectations - The ADP employment report for November is highly anticipated, expected to influence views on the Federal Reserve's monetary policy [6][7] - Markets are pricing in an 87% to 89% probability of a 25 basis point interest rate cut by the Federal Reserve at its upcoming meeting on December 10th [7] Corporate Earnings and Stock Movements - Key companies reporting earnings include Snowflake, Salesforce, C3.ai, Dollar Tree, and Macy's, which could lead to significant stock price movements [8][9] - Marvell Technology saw a surge of over 8% following better-than-expected earnings and an acquisition announcement [10] - American Eagle Outfitters climbed over 10% after reporting strong third-quarter revenue and raising its full-year forecast [12] - Boeing's stock soared 10% after positive projections regarding cash production growth [13] Cryptocurrency and Related Stocks - Bitcoin has rebounded, trading above $93,000, contributing to market confidence [3] - Several cryptocurrency-linked stocks experienced substantial gains, including Polyrizon Ltd. up 131.96% and Perfect Corp. up 103.92% [14]

Group 1 - Major market movers from the technology and financial sectors are set to report earnings, with Salesforce Inc. and Royal Bank Of Canada among the key companies [1] - Earnings density peaks on Thursday with 24 reports, including significant contributions from Canadian banks like Toronto Dominion Bank [1] - CrowdStrike Holdings Inc. will also report earnings after the close on Tuesday, December 2nd, indicating a strong technology presence early in the week [1]

Core Viewpoint - Royal Bank of Canada (RBC) has raised the target price for LVMH from €575 to €650 [1] Company Summary - The adjustment in target price reflects RBC's positive outlook on LVMH's performance and market position [1]

Group 1 - The core viewpoint is that the Royal Bank of Canada (RBC) has raised the target price for Richemont from 145 Swiss francs to 170 Swiss francs [1]

Financial Sector Earnings - The upcoming week features significant earnings reports from major Canadian financial institutions, including Royal Bank of Canada on Wednesday and Toronto Dominion Bank, Bank of Montreal, and Canadian Imperial Bank of Commerce on Thursday [1] - The earnings reports from these banks are expected to provide insights into the Canadian financial sector's performance and outlook [1] Software Sector Earnings - The week is also packed with software earnings reports, with CrowdStrike Holdings Inc. and Marvell Technology Inc. reporting after market close on Tuesday, followed by Salesforce Inc. and Snowflake Inc. on Wednesday [1] - These earnings are anticipated to reflect trends and developments in the software industry, which may influence investor sentiment and market dynamics [1]