TORONTO – Royal Bank of Canada increased its quarterly dividend as the bank reported its fourth-quarter profit rose compared with a year ago.
The bank says it will now pay a quarterly dividend of $1.64 per share, up from $1.54 per share.
The increased payment to shareholders came as RBC reported net income of $5.43 billion or $3.76 per diluted share for the quarter ended Oct. 31, up from a profit of $4.22 billion or $2.91 per diluted share a year ago.
Revenue totalled $17.21 billion, up from $15.07 billion in the same quarter last year, while its provisions for credit losses amounted to $1.01 billion, up from $840 million a year ago.
On an adjusted basis, RBC says it earned $3.85 per diluted share in its latest quarter, up from an adjusted profit of $3.07 per diluted share in the same quarter last year.
Analysts on average had expected an adjusted profit of $3.53 per share, according to estimates compiled by LSEG Data & Analytics.
This report by The Canadian Press was first published Dec. 3, 2025.
Companies in this story: (TSX:RY)
