Royal Bank of Canada (RY) Releases FY 2025 Results

Financial Performance - Royal Bank of Canada (RY) reported total revenue of $9,261 million for FY 2025, marking a 16% year-over-year increase, driven by higher net interest income, investment management, and custodial fees [1] - The net income for FY 2025 reached C$20.3 billion, up from C$16.2 billion in FY 2024, with diluted EPS increasing by 25% to $14.07 [2] - The CET1 ratio improved to 13.5%, reflecting a 30 basis points increase compared to the previous year [2] Credit Quality - The total Provision for Credit Losses (PCL) amounted to $1,007 million, which is an increase of $167 million or 20% year-over-year, primarily due to higher provisions in Commercial Banking, Capital Markets, and Personal Banking [3] Business Operations - Royal Bank of Canada operates as a diversified financial service company on a global scale, indicating a broad range of services and market reach [3]