RBC beats expectations despite profit drop due to higher bad loan provisions

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RBC beats expectations despite profit drop due to higher bad loan provisions
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RBC reported a 22% drop in profit but beat analysts estimates. Find out more

beat analyst expectations in the first quarter despite higher credit loss provisions and the impact of a federal tax on banking as revenues grew across its core banking business and capital markets segments.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account and fewer ads

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