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flag Royal Bank of Canada reports a 7% Q4 profit rise to $4.22 billion, boosting its dividend.

flag Royal Bank of Canada (RBC) reported a 7% increase in Q4 profit to $4.22 billion, raising its quarterly dividend to $1.48 per share from $1.42. flag Revenue rose 19% to $15.07 billion, driven by higher earnings in personal and commercial banking, wealth management, and insurance, partially offset by increased expenses. flag The bank's acquisition of HSBC Canada contributed significantly to the earnings growth.

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