09:50 AM EST - Royal Bank of Canada : reported net income of $1,855 million for the first quarter ended January 31, 2012. Net income from continuing operations was $1,876 million, up $267 million or 17% from last quarter. These strong results were driven by record earnings in Canadian Banking reflecting solid business growth, higher earnings in Capital Markets and continued strength in Insurance and Wealth Management. Royal Bank of Canada
shares T.RY are trading up $0.97 at $56.65.