Q: Good morning,
Thoughts on RBC’s quarter. Seems decent on most metrics but guessing that the pressure on the price today may be related to higher than expected PCLs?
Thanks as always.
Thoughts on RBC’s quarter. Seems decent on most metrics but guessing that the pressure on the price today may be related to higher than expected PCLs?
Thanks as always.
5i Research Answer:
It was an across-the-board beat, and revenue rose 24% while net earnings rose 43% to $5.13B. We...