(Bloomberg) -- Royal Bank of Canada, the country’s largest lender by assets, said second-quarter profit rose 26 percent as acquisitions fueled returns.

Net income for the period ended April 30 climbed to C$1.94 billion ($1.88 billion), or C$1.27 a share, from C$1.53 billion, or 99 cents, a year earlier, the Toronto-based bank said today in a statement. Revenue rose 12 percent to C$7.77 billion.

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