Royal Bank of Canada (RY) Q2 2025 Earnings Call Transcript


Royal Bank of Canada (NYSE:RY) Q2 2025 Earnings Conference Call May 29, 2025 8:30 AM ET

Company Participants

Asim Imran – Senior Vice President, Investor Relations
Dave McKay – President & Chief Executive Officer
Katherine Gibson – Chief Financial Officer
Graeme Hepworth – Chief Risk Officer
Derek Neldner – Group Head, Capital Markets
Sean Amato-Gauci – Group Head, Commercial Banking
Erica Nielsen – Group Head, Personal Banking

Conference Call Participants

Gabriel Dechaine – National Bank Financial
Ebrahim Poonawala – Bank of America
Mario Mendonca – TD Securities
Paul Holden – CIBC
Sohrab Movahedi – BMO Capital Markets
Mike Rizvanovic – Scotiabank
Lemar Persaud – Cormark Securities

Operator

Good morning, ladies and gentlemen, and welcome to the RBC’s 2025 Second Quarter Results Conference Call. Please be advised that this call is being recorded.

I would now like to turn the meeting over to Asim Imran, Senior Vice President, Investor Relations. Please go ahead, sir.

Asim Imran

Thank you, and good morning, everyone.

Speaking today will be Dave McKay, President and Chief Executive Officer; Katherine Gibson, Chief Financial Officer; and Graeme Hepworth, Chief Risk Officer. Also joining us today for your questions, Erica Nielsen, Group Head, Personal Banking; Sean Amato-Gauci, Group Head, Commercial Banking; Neil McLaughlin, Group Head, Wealth Management; Derek Neldner, Group Head, Capital Markets; and Jennifer Publicover, Group Head, Insurance.

As noted on Slide 2, our comments may contain forward-looking statements, which involve assumptions and have inherent risks and uncertainties. Actual results could differ materially. I would also remind listeners that the bank assesses its performance on a reported and adjusted basis and considers both to be useful in assessing underlying business performance.

To give everyone a chance to ask questions, we ask that you limit your questions and then re-queue.

With that, I’ll turn it over to Dave.

Dave



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