TORONTO (AP) 鈥� TORONTO (AP) 鈥� Royal Bank Of Canada (RY) on Thursday reported fiscal second-quarter net income of $4.02 billion.
The bank, based in Toronto, said it had earnings of $2.80 per share. Earnings, adjusted for non-recurring costs, were $2.84 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share.
The bank posted revenue of $24.77 billion in the period. Its revenue net of interest expense was $12.73 billion, also topping Street forecasts.
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