Monday, March 5, 2007

RBC Q1 2007 Earnings

Scotia Capital, 5 March 2007Q1/07 Earnings Increase 32%� Royal Bank (RY) reported a 32% increase in cash operating EPS to $1.16 per share versus $0.88 per share a year earlier the strongest results of the bank group.� Cash return on equity was a remarkable 27.5% versus 23.6% a year earlier. Return on risk weighted assets was 2.55% versus 2.27% a year earlier.� Earnings growth was stellar in all

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