RBC Q4 2007 Earnings

Scotia Capital, 3 December 2007Q4/07 Earnings - High Quality - Solid - ROE 23%� Royal Bank (RY) reported Q4/07 cash operating earnings of $1.01 per share and reported earnings of $1.03 per share, in line with expectations. Earnings increased 4% from $0.97 per share a year earlier. ROE was solid at 22.9%.� RY earnings were solid with wholesale earnings growing at 15%, followed by Wealth Management