RBC earnings call Archives - Mortgage Rates & Mortgage Broker News in Canada

RBC says it’s ready for competitive spring mortgage market and upcoming renewal wave

March 1, 2025 No Comments

As the spring mortgage market approaches, Canada’s largest bank says it’s getting ready for a busy season of mortgage renewals.

RBC sees rise in mortgage delinquencies as ‘pockets of stress’ emerge in portfolio

June 16, 2024 No Comments

While RBC says most of its clients remain resilient despite higher interest rates and rising payments, the bank acknowledges ‘pockets of stress’ among select borrowers.

RBC says it’s “very comfortable” with due diligence done on HSBC Canada’s mortgage portfolio

February 28, 2024 No Comments

RBC’s executive team today expressed confidence in its due diligence of HSBC Canada’s mortgage portfolio during the $13.5-billion acquisition.

RBC bracing for renewal impact: three quarters of its mortgages to see higher rates by 2026

December 2, 2023 No Comments

Despite interest rates having been elevated for over a year, Canada’s largest bank said the bulk of the impact is yet to be felt with nearly three quarters of its mortgage portfolio coming up for renewal over the next three years.

Magnitude of credit losses will depend on BoC’s ability to orchestrate a soft landing: RBC

August 28, 2023 No Comments

While RBC posted stronger-than-expected earnings results, the bank said it expects credit losses to intensify in the coming months as interest rates remain elevated.

RBC saw a 40% decline in mortgage originations in Q1

March 3, 2023 No Comments

Canada’s largest bank saw a 40% decline in mortgage originations in the first quarter, it revealed in its first-quarter earnings call.

RBC says a majority of its mortgage clients can absorb higher payments

November 30, 2022 No Comments

Royal Bank of Canada said it remains confident in the ability of a majority of its mortgage borrowers to handle payment increases.

RBC earnings call