December 4, 2019 / 11:12 AM / 11 days ago

Royal Bank of Canada profit falls marginally

Dec 4 (Reuters) - Royal Bank of Canada reported a nearly 1% fall in quarterly profit on Wednesday, hurt by higher loan loss provisions.

Net income fell to C$3.2 billion, or C$2.18 per share, in the fourth quarter ended Oct. 31, from C$3.25 billion, or C$2.22 per share, a year earlier.

Reporting by Abhishek Manikandan in Bengaluru; Editing by Krishna Eluri

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