ROYAL BANK OF CANADA (RY.CA) Earnings History & Surprises

TSX:RY • CA7800871021

226.41 CAD
-0.36 (-0.16%)
Last: Mar 4, 2026, 07:00 PM

Past quarterly earnings results for ROYAL BANK OF CANADA (RY.CA), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateMay 27, 2026
PeriodQ2 / 2026
EPS EstimateCA$3.85
Revenue Estimate17.451B

Last Reported

Most Recent
Release DateFeb 26, 2026
PeriodQ1 / 2026
EPS ReportedCA$4.02
EPS Surprise 1.55%
Revenue Surprise -1.48%

Beat Rate

Last 8 Quarters
56%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (CAD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q1 2026 4.02 3.96 1.55% 11.12% 17.716B 17.982B -1.48% 5.84%
Q4 2025 3.85 3.63 6.02% 25.41% 17.209B 17.15B 0.34% 14.16%
Q3 2025 3.84 3.42 12.29% 17.79% 16.985B 16.512B 2.86% 16.09%
Q2 2025 3.12 3.28 -4.92% 6.85% 15.672B 16.208B -3.31% 10.72%
Q1 2025 3.62 3.36 7.78% 27.02% 16.739B 16.064B 4.20% 24.13%
Q4 2024 3.07 3.10 -0.92% 10.43% 15.074B 15.107B -0.22% 15.72%
Q3 2024 3.26 3.05 6.71% 14.79% 14.631B 14.798B -1.13% 0.98%
Q2 2024 2.92 2.84 2.99% 10.19% 14.154B 13.94B 1.54% 4.69%
Q1 2024 2.85 2.89 -1.26% -8.06% 13.485B 13.874B -2.80% 0.41%
Q4 2023 2.78 2.70 2.87% - 13.026B 13.638B -4.49% 3.65%
Q3 2023 2.84 2.79 1.80% 11.37% 14.489B 13.651B 6.14% 19.43%
Q2 2023 2.65 2.87 -7.69% -11.67% 13.52B 13.463B 0.42% 20.50%
Q1 2023 3.10 3.03 2.47% 8.01% 13.43B 13.789B -2.60% 2.79%
Q4 2022 2.78 2.76 0.63% 2.58% 12.567B 12.78B -1.67% 1.54%
Q3 2022 2.55 2.74 -6.79% -15.00% 12.132B 12.499B -2.94% -4.89%
Q2 2022 3.00 2.75 8.99% 7.53% 11.22B 12.385B -9.41% -3.43%
Q1 2022 2.87 2.81 2.00% 6.69% 13.066B 12.5B 4.53% 0.95%
Q4 2021 2.71 2.89 -6.22% 19.38% 12.376B 12.35B 0.21% 11.58%
Q3 2021 3.00 2.79 7.44% 34.53% 12.756B 12.138B 5.09% -1.27%
Q2 2021 2.79 2.56 9.02% 170.87% 11.618B 11.799B -1.53% 12.44%
Q1 2021 2.69 2.34 15.09% 10.25% 12.943B 11.944B 8.36% 0.83%
Q4 2020 2.27 2.11 7.48% - 11.092B 11.802B -6.02% -
Q3 2020 2.23 1.82 22.24% - 12.92B 11.779B 9.69% -
Q2 2020 1.03 1.64 -37.14% - 10.333B 11.7B -11.68% -
Q1 2020 2.44 2.37 3.15% - 12.836B 11.988B 7.07% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

RY.CA EPS Q2Q GrowthRY.CA EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 50 100 150

Revenue Historical Q2Q growth and Acceleration

RY.CA Revenue Q2Q GrowthRY.CA Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 5 10 15 20

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
3
Average EPS beat (4)
5.29%
Max EPS beat (4)
12.29%
Min EPS beat (4)
-4.92%

Revenue beat statistics

Revenue beat (4)
3
Average Revenue beat (4)
1.03%
Max Revenue beat (4)
4.20%
Min Revenue beat (4)
-3.31%

Analysis

In the last 4 quarters, RY.CA has beaten EPS estimates in 3 out of 4 releases
RY.CA has beaten revenue estimates in 3 out of the last 4 releases
In the last 4 quarters, RY.CA has beaten the EPS estimates by 5.3% on average.
In the last 4 quarters, RY.CA has beaten the revenue estimates by 1.0% on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

ROYAL BANK OF CANADA / RY.CA Earnings FAQ

When did ROYAL BANK OF CANADA (RY.CA) report earnings last quarter?

ROYAL BANK OF CANADA (RY.CA) last reported earnings on 2/26/2026.


Can you provide information on whether ROYAL BANK OF CANADA beat earnings estimates in the last quarter?

ROYAL BANK OF CANADA (RY.CA) beat EPS estimates and missed revenue estimates in the most recent quarter.


How often does ROYAL BANK OF CANADA (RY.CA) beat earnings estimates?

In the last 4 quarters, ROYAL BANK OF CANADA (RY.CA) has beaten EPS estimates in 3 out of 4 releases.