RBC (RY): FY26 Q1 earnings call, Feb 26, 2026

Thu, Feb 26Earnings callSpeaker-labelled transcriptRBC

On its Feb 26, 2026 earnings call (FY26 Q1), RBC said 9 of the 10 words Kalshi listed; Parrot’s count agreed with 9 of 10 settlements. Quotes below are at most 25 words each.

Updated

Markets

10 words · 9 settled yes · our count agreed on 9 of 10

backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.

Listed words: result, our count under the market rule, the count over every speaker, whether they agree, and the probability (a walk-forward backtest on settled rows)
WordResultOur countAll speakersAgreesProbabilityMarket
Tariff Yes99✓93%n=1+tx from settlement history blended with transcripts–
Buyback Yes910✓86%n=1+tx from settlement history blended with transcripts–
Competition Yes66✓76%n=1+tx from settlement history blended with transcripts–
Synergy Yes55✓91%n=1+tx from settlement history blended with transcripts–
Volatility Yes57✓87%n=1+tx from settlement history blended with transcripts–
Affordability Yes11✓61%n=1+tx from settlement history blended with transcripts–
Recession Yes11✓42%n=1+tx from settlement history blended with transcripts–
Retention Yes11✓28%n=1+tx from settlement history blended with transcripts–
Stimulus Yes00✗63%n=1+tx from settlement history blended with transcripts–
Inflation No00✓80%transcripts from the transcript model–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

7 matches for “Volatility”; 5 quoted, at least 25 words apart.

David Mc Kaycompanyprepared

…comes to the level of share buybacks during times of uncertainty and volatility, we are aware of our book value multiples and intend to maintain…

Derek Neldneranalystqa

…has allowed us to deliver. We believe, very sustainable results at lower volatility than some of our industry peers. Importantly, from a client perspective, the…

Graeme Hepworthcompanyqa

…consumer side. I'd say. The wholesale side is where we see more volatility, right? And I think we kind of called that out in Q4,…

Sohrab Movahedianalystqa

…to think about Royal's through the cycle average PCL with a greater volatility around it, even if it comes in around the same. So if…

Graeme Hepworthcompanyqa

…I don't expect it will kind of dramatically change kind of the volatility of our credit book per se. [ Look ], where the growth…

Where the listed words were said

David Mc Kaycompany“Tariff” · prepared

…levels and household balance sheets are improving. That said, the impact from tariffs on the economy varies depending on the clients or sectors. We are…

David Mc Kaycompany“Buyback” · prepared

…internal capital generation to return capital to shareholders through both dividends and buybacks. Our future success will include opportunities to turn our highest potential AI…

David Mc Kaycompany“Competition” · prepared

…elevated spend in the U.S. and lower mortgage spreads due to increased competition. Furthermore, we look to offset any dilution from growing businesses with a…

Katherine Gibsoncompany“Synergy” · prepared

…own share price. Our expense growth also reflected the realization of cost synergies from the acquisition of HSBC Bank Canada and higher severance last year.…

Graeme Hepworthcompany“Volatility” · qa

…of. And so I wouldn't expect it to be kind of driving volatility in a really distinct or unique way there. So as it stands,…

David Mc Kaycompany“Affordability” · prepared

…housing demand remained soft in key regions. This was due to the affordability challenges, economic uncertainty and a pullback in immigration levels. Looking forward, given…

Graeme Hepworthcompany“Recession” · prepared

…all exports but also reflects the potential for a severe North American recession driven by escalating global trade wars. When certain trade conditions have widened…

Agents: this page as TSV at /api/v1/appearances/rbc:2026-02-26:earnings_call · words: /api/v1/brief?appearance=rbc:2026-02-26:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP