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Home / RBC reports Q2 profit down as loan-loss provisions rise, raises quarterly dividend

RBC reports Q2 profit down as loan-loss provisions rise, raises quarterly dividend

Posted on May 25, 2023May 25, 2023 by admin

Royal Bank of Canada raised its dividend as it reported its second-quarter profit fell compared with a year ago and the amount of money it set aside for bad loans rose.
Source: ctv business
RBC reports Q2 profit down as loan-loss provisions rise, raises quarterly dividend

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