Royal Bank of Canada reports Q1 adjusted diluted EPS C$2.85 vs. C$2.78 last year

Reports Q1 revenue C$13.5B vs. C$13.36B last year. Dave McKay, President and CEO of Royal Bank of Canada said, “As our first quarter results show, RBC has the right strategy in place to grow today while also generating long-term value for shareholders. Underpinned by our balance sheet strength, prudent approach to risk management and diversified business model, we delivered solid, client-driven volume growth and a continued focus on expense control. As we look towards the completion of our planned HSBC Canada acquisition, we remain focused on being a trusted advisor to clients through the delivery of new and differentiated banking experiences.”