ROYAL BANK OF CANADA REPORTS SECOND QUARTER 2026 RESULTS

All amounts are in Canadian dollars and are based on financial statements presented in compliance with International Accounting Standard 34 Interim Financial Reporting , unless otherwise noted. Our Q2 2026 Report to Shareholders is available at rbc.com/investorrelations , sedarplus.com and sec.gov and our Q2 2026 Supplementary Financial Information is available at rbc.com/investorrelations . Net income $5.5 billion Up 25% YoY Down 5% QoQ Diluted EPS 1 $3.85 Up 27% YoY Down 4% QoQ ROE 1 17.2% Up 300 bps 1 YoY Down 40 bps QoQ Total PCL 1 $0.9 b illion PCL on loans ratio 1 down 6 bps QoQ CET1 ratio 1 13.5% Above regulatory requirements and down 20 bps QoQ Adjusted net income 2 $5.6 billion Up 23% YoY Down 5% QoQ Adjusted diluted EPS 2 $3.90 Up 25% YoY Down 4% QoQ Adjusted ROE 2 17.4% Up 270 bps YoY Down 40 bps QoQ Total ACL 1 $7.8 billion ACL on loans ratio 1 down 1 bp QoQ LCR 1 126% Up from 124% last quarter TORONTO , May 28, 2026 /CNW/ - Royal Bank of Canada 3 (TSX: RY ) (NYSE: RY ) today reported net income of $5.5 billion for the quarter ended April 30, 2026, up $1,119 million or 25% from the prior year. Diluted EPS was $3.85, up 27% over the same period, reflecting growth across each of our business segments. Adjusted net income 2 and adjusted diluted EPS 2 of $5.6 billion and $3.90 were up 23% and 25%, respectively, from the prior year. "In a world that's constantly changing and becoming more complex, our commitment to delivering trusted advice and helping clients navigate risk continues to produce exceptional outcomes. Our second quarter earnings showcase our consistency in delivering premium profitability and long-term shareholder value, underpinned by solid growth across our diversified businesses and balance sheet strength. Looking ahead, we remain focused on building the bank of the future and evolving with the needs of those we serve." – Dave McKay, President