By Nivedita Balu and Arasu Kannagi Basil (Reuters) -Three of Canada's big five lenders - Royal Bank of Canada, TD Bank and CIBC - on Thursday beat analyst expectations for quarterly profit, but took a cautious stand as tariff and trade risks cloud economic outlook.

Royal Bank of Canada beat estimates on higher results in its capital-markets and wealth-management divisions as both units benefited from strong markets.

In the second quarter of last year, RBC closed its deal to takeover HSBC Bank Canada, which was Canada’s seventh-largest lender. This year’s first quarter results include a boost from the inclusion of HSBC, which increased net income by $214-million.

(Reuters) -Three of Canada's big five lenders - Royal Bank of Canada, TD Bank and CIBC - on Thursday beat analyst expectations for quarterly profit, boosted by strong wealth management and capital markets earnings.