Friday, February 17, 2006
RBC Centura Results Remain Stable
BMO Nesbitt Burns, 17 February 2006Centura (Royal Bank�s U.S. regional banking operation) this morning posted its results to the FDIC website for the quarter ending December 2005. These results are included in the current fiscal first quarter for RY.Broadly speaking, the results are slightly better than we expected, with the entire variation being lower than forecast loan losses. Specifically,
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