Is Royal Bank of Canada (RY) a Buy Post Earnings?

Core Viewpoint - Royal Bank of Canada (RY) reported a record net income of $5.8 billion for the quarter ended January 31, 2026, reflecting a 13% increase from the previous year, which has led to mixed analyst ratings on the stock [2]. Group 1: Financial Performance - The bank's net income for the quarter was $5.8 billion, an increase of $654 million or 13% year-over-year [2]. - Diluted earnings per share (EPS) reached $4.03, up 14% compared to the same period last year [2]. - Adjusted net income was reported at $5.9 billion, with adjusted diluted EPS at $4.08, reflecting increases of 12% and 13% respectively from the prior year [2]. Group 2: Analyst Ratings - Scotiabank raised its price target for RY to C$247 from C$242, maintaining an Outperform rating [1]. - TD Securities lowered its price target to C$259 from C$260 but reaffirmed a Buy rating on the shares [1]. Group 3: Business Segments - Royal Bank of Canada operates in several segments including Personal and Commercial Banking, Wealth Management, Insurance, Capital Markets, and Corporate Support [3].