RBC misses Q3 profit expectations as bad-loan provisions jump - BNN Bloomberg

its net income in the three-month period that ended July 31 fell 17 per cent year-over-year to $3.58 billion. On an adjusted basis, it earned $2.55 per share; analysts were expecting $2.67 in adjusted earnings per share.

Unlike Bank of Nova Scotia, which opened earnings season Tuesday and was battered by investors amid concern about its international division and a dip in profitability, RBC expanded in its net interest margin to 1.52 per cent from 1.45 per cent in the preceding quarter. In a release, RBC said the provisions in its fiscal third quarter were the result of"unfavourable changes in our macroeconomic environment."

Depends why one bought them. If it's for income, then no. They are a solid yield.

About 8 months ago all gone👍🏼

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