Royal Bank of Canada stock gains 1.03 percent on Q3 results

Published on 09/30/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Royal Bank of Canada stock posted adjusted Q3 EPS of CAD 4.28, up 11.00 percent year over year. Capital Markets revenue rose 16.00 percent in Q3 2026.

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Royal Bank of Canada stock (ISIN CA7800871021) was trading at EUR 176.70 at Lang & Schwarz on September 30, 2026 at 1:15 p.m. CEST, up 1.03 percent versus the prior close of EUR 174.89. The move follows the bank's latest quarterly performance, which combined record earnings with double-digit growth in several businesses.

Q3 earnings set a high bar

According to Yahoo Finance, Royal Bank of Canada reported Q3 2026 earnings of CAD 6.00 billion, up 11.00 percent year over year. Adjusted diluted EPS came to CAD 4.28, also up 11.00 percent, while reported diluted EPS was CAD 4.23.

The same Q3 2026 transcript states that revenue grew 9.00 percent year over year. The result gives the stock a concrete earnings anchor after the bank's investor-relations page listed Q3 2026 results for August 27, 2026.

Capital Markets drives growth

Capital Markets revenue increased 16.00 percent year over year in Q3 2026, with investment banking revenue up 23.00 percent. Wealth Management net income rose 32.00 percent to CAD 1.40 billion, while its pretax margin reached 29.30 percent, up 4.00 percentage points from the prior year.

The earnings mix also shows where operating leverage is developing. Commercial Banking net income reached CAD 936.00 million, up 12.00 percent year over year, while its deposits grew 9.00 percent. These figures provide a stronger comparison point than the share price alone because they connect the market move with business-level growth.

Analysts lift targets above CAD 300

Analyst views remain constructive but varied. According to MarketBeat, Canaccord Genuity raised its price objective from CAD 310.00 to CAD 318.00 on August 28, 2026, while TD lowered its target from CAD 307.00 to CAD 306.00 on the same date. The range of targets leaves earnings execution and credit quality as the key variables for the next valuation step.

Royal Bank of Canada stock gains 1.03 percent

At Lang & Schwarz, Royal Bank of Canada stock was trading at EUR 176.70 on September 30, 2026 at 1:15 p.m. CEST, up 1.03 percent versus the prior close of EUR 174.89 on September 29, 2026. On the Toronto Stock Exchange, the stock last traded at CAD 283.28 on September 30, 2026, after reaching CAD 284.96, while its 200-day moving average stood at CAD 269.50.