Royal Bank of Canada
(NYSE:RY)
$
125.92
-0.04 (-0.03%)
Market Cap: 178.09 Bil
Enterprise Value: 433.21 Bil
PE Ratio: 15.88
PB Ratio: 2.14
GF Score: 69/100 Royal Bank of Canada at National Bank Financial Services Conference Transcript
Mar 22, 2022 / 03:40PM GMT
Release Date Price:
$113.82
(+0.37%)
Gabriel Dechaine
National Bank Financial, Inc., Research Division - Analyst
All right. I'd like to welcome our last speaker before lunch to the stage. And before I forget, lunch is on the other side of this wall, correct?
So we have a lunch speaker. Neil McLaughlin, Group Head of Royal Bank's Canadian Personal & Commercial Banking Unit. And I'd like to thank you for coming to Montreal and taking the time to sit down with us and go over a bunch of questions.
Questions & Answers
Gabriel Dechaine
National Bank Financial, Inc., Research Division - Analyst
One place I'd like to start is on the -- the Royal has been pretty transparent and is talking about low interest rate environment, and mix shifts on the balance sheet has been a $2 billion revenue erosion -- source of erosion.
Neil McLaughlin
Royal Bank of Canada - Group Head of Personal & Commercial Banking
Yes.
Gabriel Dechaine
National Bank Financial, Inc., Research Division - Analyst
And
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