http://www.theglobeandmail.com/report-on-business/rbc-profit-jumps-26-per-cent/article12258216/
Royal Bank of Canada proved that it still has earnings power, posting a second-quarter profit of $1.94-billion.
Though the country’s biggest bank couldn’t match its blockbuster first-quarter profit of $2.1-billion, its bottom line jumped 26 per cent relative to the same period in 2012.
The earnings amounted to $1.27 per share, just shy of analysts’ expectations of $1.29 per share. After stripping out one-time items, RBC made $1.97-billion, or $1.29 per share.
