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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Sunday, February 26, 2017

RBC grows first quarter profit by 24 per cent to $3.03 billion; revenue up

Royal Bank of Canada (TSX:RBC) boosted its first-quarter net income by 24 per cent to $3.03 billion.

That's compared to the $2.45 billion of net income that RBC had during the first quarter of last year.

The Toronto-based bank said its net income was equal to $1.97 per diluted share for the quarter, up 39 cents from $1.58 per diluted share a year ago.

Revenue for the three months ended Jan. 31 was $9.55 billion, up from $9.36 billion during the same period last year.

After adjustments the lender had $1.87 per share of earnings, higher than the $1.77 per share that analysts had expected, according to Thomson Reuters.

After stripping out the sale of the U.S. operations of Moneris, RBC said it earned $2.82 billion, up 15 per cent from $2.45 billion a year ago.

The bank also boosted its dividend by four cents, or five per cent, to 87 cents per share, payable on May 24.

"RBC reported earnings of $3 billion for the first quarter reflecting strength across our businesses as we continued to invest in growth,'' Dave McKay, RBC president and CEO, said in a statement.

"As the operating landscape evolves, we are focused on our strategy of building a digitally-enabled relationship bank to meet the changing expectations of our clients.''

MBN

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