Companies
Results
Royal Bank of Canada’s third-quarter net income was $6.0 billion in Canadian dollars; diluted EPS was $4.23
Net income rose 11% year over year. Reported ROE was 17.9% and CET1 13.5%. Adjusted net income of $6.1 billion and adjusted diluted EPS of $4.28 stay separate. Exhibit 99.1 is in Canadian dollars; this page does not convert to U.S. dollars.
TickerGrove Newsroom · Published 08-27-2026 · Royal Bank of Canada
Sources
Royal Bank of Canada Form 6-K, accession 0001193125-26-369461, accepted August 27, 2026 at 6:17 a.m., CIK 0001000275, file number 001-13928. Exhibit 99.1 Third Quarter 2026 Earnings Release independently re-read the same morning. 6-K cover and exhibit index compared for form, period, and exhibit titles.
- Net income
- $6.0 billion
- Diluted EPS
- $4.23
- CET1
- 13.5%
Third-quarter 2026 figures from Exhibit 99.1, in Canadian dollars as printed. Reported net income of $6.0 billion stays next to adjusted $6.1 billion. This page does not convert to U.S. dollars.
RBC Exhibit 99.1, August 27, 2026
TickerGrove
Royal Bank of Canada (TSX and NYSE: RY) reported net income of $6.0 billion for the quarter ended July 31, 2026, up 11% from a year earlier. Diluted earnings per share were $4.23, up 13%. Return on equity was 17.9%. Those amounts are from the Third Quarter 2026 Earnings Release furnished as Exhibit 99.1 to Form 6-K accession 0001193125-26-369461, accepted by the SEC on August 27, 2026. The exhibit says all amounts are in Canadian dollars and are based on financial statements presented under IAS 34, unless otherwise noted.
What changed
The 6-K cover identifies Exhibit 99.1 as the Third Quarter 2026 Earnings Release and Exhibit 99.2 as the Third Quarter 2026 Report to Shareholders. The headline box prints net income of $6.0 billion, diluted EPS of $4.23, ROE of 17.9%, total provision for credit losses of $1.0 billion, and a CET1 ratio of 13.5%. Adjusted net income of $6.1 billion, adjusted diluted EPS of $4.28, and adjusted ROE of 18.1% are labeled non-GAAP. Total allowances for credit losses were $7.8 billion. Average LCR was 125%. The release attributes the year-over-year increase to higher results in Wealth Management, Capital Markets, and Commercial Banking.
The exhibit box and the reconciliation table state the same quarter two ways. The box prints net income of $6.0 billion; the table prints $6.02 billion of Canadian dollars. Adjusted net income is $6.1 billion in the box and $6.1 billion in the table. Total PCL is $1.0 billion in the box and $1 billion in the table. Diluted EPS is $4.23 on both presentations. This page does not turn those millions into the boxed billions, and it does not turn either print into U.S. dollars.
Reported and adjusted lines are different objects. Adjusted net income of $6.1 billion and adjusted diluted EPS of $4.28 are non-GAAP measures; the exhibit points readers to the Key performance and non-GAAP measures section for the reconciliation. Reported ROE of 17.9% is not the adjusted ROE of 18.1%. Dave McKay, President and Chief Executive Officer, called the print record net income and pointed to a diversified business and a robust balance sheet. That is issuer language from the release, not a TickerGrove ranking.
Credit and capital stay on the printed ratios. Total PCL was $1.0 billion. Total ACL was $7.8 billion. The CET1 ratio was 13.5% as at July 31, 2026, unchanged from last quarter on the exhibit’s wording. Average LCR for the quarter was 125%. Form 6-K is a foreign-private-issuer report; the figures used here are from Exhibit 99.1, not from a reconstructed U.S. GAAP recast.
Canadian-dollar net income is not a U.S.-dollar figure
RBC printed net income of $6.0 billion and diluted EPS of $4.23 in Canadian dollars. A U.S. listing does not change the currency of those lines. Adjusted net income of $6.1 billion is a separate, non-GAAP number.
Keep reported $6.0 billion next to adjusted $6.1 billion
Do not substitute adjusted diluted EPS of $4.28 for reported $4.23, or adjusted ROE of 18.1% for reported 17.9%. Do not convert the boxed billions into the table millions or into U.S. dollars. CET1 of 13.5%, ACL of $7.8 billion, and LCR of 125% stay on their own lines.
What we do not know
This page does not convert Canadian dollars into U.S. dollars, subtract adjusted from reported, or treat $6.02 billion as a different quarter from $6.0 billion. It does not invent a Street-estimate comparison, a share-price reaction, earnings-call Q&A, or a recommendation. Exhibit 99.2, the Third Quarter 2026 Report to Shareholders, is named on the 6-K cover and is not the figure source for this recap.
Related Learn
Corrections
We do not silently rewrite a published line. A correction is a new labeled piece, not an invisible edit.
Discuss this story. Join the TickerGrove community to talk companies, earnings, and markets, or request future coverage.
Sources & evidence
Primary documents used for this piece. Internal claim-lineage notes stay off this page.
Royal Bank of Canada
RBC Exhibit 99.1, August 27, 2026
Quarter ended July 31, 2026
Royal Bank of Canada
Form 6-K for the month of August 2026; period of report July 31, 2026
Accession 0001193125-26-369461; accepted 2026-08-27 06:17:11
Royal Bank of Canada
Form 6-K cover and exhibit index
Dated August 27, 2026; signed by Katherine Gibson, Chief Financial Officer
Figures used in this article
Third-quarter 2026 figures from Exhibit 99.1, in Canadian dollars as printed. Reported net income of $6.0 billion stays next to adjusted $6.1 billion. This page does not convert to U.S. dollars.
Figure
$6.0 billion
- Entity
- Royal Bank of Canada
- Period / as-of
- Quarter ended July 31, 2026
- Unit / basis
- Canadian dollars; reported net income; +11% year over year; table prints $6,024 million for the same quarter
Figure
$4.23
- Entity
- Royal Bank of Canada
- Period / as-of
- Same quarter
- Unit / basis
- Canadian dollars per diluted share; reported; +13% year over year; not the adjusted $4.28
Figure
17.9%
- Entity
- Royal Bank of Canada
- Period / as-of
- Same quarter
- Unit / basis
- reported ROE; not the adjusted 18.1%
Figure
$1.0 billion
- Entity
- Royal Bank of Canada
- Period / as-of
- Same quarter
- Unit / basis
- Canadian dollars; total PCL; table prints $1,000 million for the same quarter
Figure
13.5%
- Entity
- Royal Bank of Canada
- Period / as-of
- As at July 31, 2026
- Unit / basis
- CET1 ratio; exhibit says unchanged from last quarter
Figure
$6.1 billion
- Entity
- Royal Bank of Canada
- Period / as-of
- Same quarter
- Unit / basis
- Canadian dollars; adjusted net income, non-GAAP; table prints $6,101 million; not reported $6.0 billion
Figure
$4.28
- Entity
- Royal Bank of Canada
- Period / as-of
- Same quarter
- Unit / basis
- Canadian dollars per diluted share; adjusted, non-GAAP; not reported $4.23
Figure
18.1%
- Entity
- Royal Bank of Canada
- Period / as-of
- Same quarter
- Unit / basis
- adjusted ROE, non-GAAP; not reported 17.9%
Figure
$7.8 billion
- Entity
- Royal Bank of Canada
- Period / as-of
- As at July 31, 2026
- Unit / basis
- Canadian dollars; total ACL
Figure
125%
- Entity
- Royal Bank of Canada
- Period / as-of
- Quarter ended July 31, 2026
- Unit / basis
- average LCR; exhibit box says down from 126% last quarter