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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