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Records are getting to be the norm for RBC – it posted another best-ever set of earnings for its 2018 fiscal year, with earnings up 8%. Its return on equity for the full year was 17.6%, well in line with the 16%-plus target that it set at the end of 2016 as strong earnings have been coupled with share buybacks.
The growth story at RBC is usually the US, which it regards as its second home market.
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