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What Royal Bank of Canada's Earnings Mean for Mutual Fund Investors (RY)

Shauna O'Brien Dec 03, 2014



Inside RY’s Results


The company reported earnings of C$2.32 billion, or C$1.57 per share, up from C$2.10 billion, or C$1.39 per share, last year. Analysts expected earnings of C$1.58 per share.

Q4 Revenue
Revenue came in at C$8.38 billion, compared to C$7.92 billion in the year prior. Analysts expected revenue of C$8.40 billion.

FY2014 Earnings
For FY2014, earnings were C$8.91 billion, or C$6.00 per share, up from C$8.24 billion, or C$5.49 per share, in the year before. Excluding special items, earnings were C$9.14 billion, or C$6.09 per share. On average, analysts expected to C$6.16.

FY2014 Revenue
Revenue for the year was C$34.11 billion, up from C$30.68 billion in 2013. Analysts expected to see revenue of C$32.43 billion.


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