RY ROE tops 18% on efficiency, AI savings and U.S. growth
RY says ROE has surpassed 18% as efficiency gains and AI-driven cost savings improve profitability. It points to lending, wealth and U.S. growth supported by cross-sell and digital initiatives, with credit risks managed conservatively.
ROE has surpassed 18% on efficiency gains and AI-driven cost savings, with further upside expected as capital is deployed strategically. S. operations is being supported by effective cross-sell and digital initiatives, while credit risks are managed conservatively.