RBC quarterly earnings

RBC bracing for renewal impact: three quarters of its mortgages to see higher rates by 2026

December 2, 2023 No Comments

Despite interest rates having been elevated for over a year, Canada’s largest bank said the bulk of the impact is yet to be felt with nearly three quarters of its mortgage portfolio coming up for renewal over the next three years.

Magnitude of credit losses will depend on BoC’s ability to orchestrate a soft landing: RBC

August 28, 2023 No Comments

While RBC posted stronger-than-expected earnings results, the bank said it expects credit losses to intensify in the coming months as interest rates remain elevated.

RBC saw a 40% decline in mortgage originations in Q1

March 3, 2023 No Comments

Canada’s largest bank saw a 40% decline in mortgage originations in the first quarter, it revealed in its first-quarter earnings call.

RBC says a majority of its mortgage clients can absorb higher payments

November 30, 2022 No Comments

Royal Bank of Canada said it remains confident in the ability of a majority of its mortgage borrowers to handle payment increases.

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RBC quarterly earnings

RBC bracing for renewal impact: three quarters of its mortgages to see higher rates by 2026

Magnitude of credit losses will depend on BoC’s ability to orchestrate a soft landing: RBC

RBC saw a 40% decline in mortgage originations in Q1

RBC says a majority of its mortgage clients can absorb higher payments

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