๐Royal Bank of Canada (RY) announces first-quarter 2024 results, reporting a net income of $3.6 billion, a 14% increase from the prior year. Diluted EPS stands at $2.50, reflecting a 12% rise over the same period. Adjusted net income and adjusted diluted EPS are $4.1 billion and $2.85, down 5% and 6%, respectively, from the prior year. Results show increased total PCL of $281 million, influenced by higher provisions in Personal & Commercial Banking and Capital Markets. The bank's capital position remains robust, boasting a CET1 ratio of 14.9%.โ . ๐๐ง๐ฅ๐จ๐๐ค ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐๐ฆ ๐ก๐จ๐ฆ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ง๐จ๐ฃ ๐๐๐ซ๐๐ญ๐ก๐, ๐๐ง ๐๐ฐ๐๐ซ๐-๐ฐ๐ข๐ง๐ง๐ข๐ง๐ ๐๐๐๐ฅ๐ญ๐จ๐ซ ๐ข๐ง ๐๐ง๐ญ๐๐ซ๐ข๐จ. ๐๐๐ฅ๐ฅ: +๐ (๐๐๐) ๐๐๐-๐๐๐๐ ๐๐ฆ๐๐ข๐ฅ: ๐ฆ๐๐ง๐จ๐ฃ@๐ญ๐ก๐๐๐๐ง๐๐๐ข๐๐ง๐ก๐จ๐ฆ๐.๐๐จ๐ฆ @manojkaratha_realtor . . #RBC #Q12024Results #FinancialReport #NetIncome #BankingSector #EarningsReport #CapitalMarkets #mnm #malayalisnearmeapp #canadaupdate #canadanews
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