RBC Stock Today slipped in early trading, with shares of Royal Bank of Canada falling 1.33% to C$234.05 as investors reacted to the bank’s record first-quarter earnings and capital return plans. Despite posting a record Q1 profit of $5.79 billion, raising its dividend and executing roughly $1.0 billion in share buybacks, the stock pulled back after opening bell, trimming gains seen following the earnings release.
The bank said net income rose to $5.79 billion, up from $5.13 billion a year earlier, while diluted EPS increased to $4.03 from $3.54. On an adjusted basis, RBC reported $4.08 per share, above the Street’s consensus estimate of $3.85. Revenue climbed to $17.96 billion from $16.74 billion, as strength in wealth and core banking more than offset a softer insurance result.
By segment, personal banking earned $1.96 billion versus $1.68 billion a year earlier, supported by higher net interest income and fee-based gains. Commercial banking profit rose to $863 million from $777 million. Wealth management jumped to $1.30 billion from $980 million, helped by market appreciation and net sales, while capital markets delivered $1.48 billion compared with $1.43 billion. The bank’s insurance business slipped to $213 million from $272 million.
Credit costs were steady-to-higher. RBC’s provision for credit losses was $1.09 billion, up from $1.05 billion a year earlier, reflecting higher provisions in capital markets and personal banking. Management said the bank entered fiscal 2026 with a strong balance sheet and capital position, pointing to the durability of its diversified model.
Alongside earnings, RBC highlighted capital strength with a CET1 ratio of 13.7% and said it returned $3.3 billion to shareholders in the quarter, including $1.0 billion of buybacks and $2.3 billion in common share dividends. For the quarter, the bank declared a dividend of $1.64 per share.
For more context on the full results release and supporting disclosures, see RBC’s investor relations filings and quarterly materials.
