Supported by double-digit income growth in key business segments, Royal Bank of Canada (RY) Wednesday reported stronger than expected fourth-quarter profit, which is 17% higher compared to last year. On a per-share basis, earnings of the financial services company advanced 17% to C$2.20 during the quarter, exceeding analysts’ forecast. Net income was C$3.25 billion, up … Continue reading Royal Bank of Canada Q4 earnings beat as higher interest rate lifts margins