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RBC boosts second-quarter net income by nine per cent to $2.81 billion

TORONTO — Royal Bank of Canada (TSX:RY) has boosted its second-quarter net income by nine per cent to $2.81 billion. That compares with $2.57 billion during the second quarter of 2016. The profit amounted to $1.85 per share, compared with $1.

TORONTO — Royal Bank of Canada (TSX:RY) has boosted its second-quarter net income by nine per cent to $2.81 billion.

That compares with $2.57 billion during the second quarter of 2016.

The profit amounted to $1.85 per share, compared with $1.66 per share during the same period last year.

The Toronto-based bank had $10.31 billion of revenue for the period ended April 30, up from $9.53 billion a year ago. 

 

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The Canadian Press

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