Royal Bank Of Canada (RY) Financials

$146.50 +0.46 (+0.31%)

As of 03:06 PM Eastern

Annual Income Statements for Royal Bank Of Canada

This table shows Royal Bank Of Canada's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024
Net Income / (Loss) Attributable to Common Shareholders	19,407	18,894	19,588	17,172	25,893	23,972	21,058	23,302
Consolidated Net Income / (Loss)	8,915	9,447	9,794	8,586	12,947	11,590	10,529	11,651
Net Income / (Loss) Continuing Operations	10,492	9,447	9,794	8,586	12,947	12,383	21,053	23,294
Total Pre-Tax Income	11,404	11,977	12,110	10,802	16,642	14,744	13,102	14,249
Total Revenue	31,611	18,502	20,585	20,466	22,760	20,480	35,132	38,665
Net Interest Income / (Expense)	13,322	13,643	15,028	15,641	16,135	16,656	239	-401
Total Interest Income	20,912	25,095	31,452	26,187	22,703	29,893	44,815	54,838
Loans and Leases Interest Income	14,517	16,148	18,919	17,581	17,467	19,477	31,318	38,769
Investment Securities Interest Income	3,808	4,309	5,195	4,871	3,934	5,178	13,497	16,069
Total Interest Expense	7,589	11,452	16,424	10,546	6,569	13,237	44,576	55,239
Deposits Interest Expense	5,102	7,480	9,883	6,593	4,395	7,883	26,430	33,902
Long-Term Debt Interest Expense	2,487	3,972	6,541	3,952	2,174	5,354	18,146	21,337
Total Non-Interest Income	18,288	4,859	5,557	4,826	6,626	3,824	34,893	39,066
Trust Fees by Commissions	1,101	1,043	993	1,080	1,241	1,086	1,054	1,191
Other Service Charges	5,236	6,499	6,908	6,569	8,744	7,586	15,232	15,819
Net Realized & Unrealized Capital Gains on Investments	1,517	962	903	885	1,082	873	1,070	941
Other Non-Interest Income	-9,410	-9,595	-10,353	-10,520	-12,387	-11,439	17,536	21,115
Total Non-Interest Expense	16,940	6,525	8,475	9,665	6,118	4,943	11,506	12,772
Net Occupancy & Equipment Expense	2,349	2,395	2,596	2,678	2,880	2,678	2,882	3,115
Insurance Policy Acquisition Costs	-1,627	-1,560	-1,381	-1,741	-2,171	-1,509	-1,445	-1,917
Other Operating Expenses	2,623	2,838	3,241	5,007	1,233	1,463	9,009	10,463
Amortization Expense	-789	818	911	956	1,038	1,004	1,060	1,111
Income Tax Expense	2,490	2,530	2,316	2,216	3,695	3,154	2,573	2,598
Net Income / (Loss) Attributable to Noncontrolling Interest	-32	-24	-8.37	-3.75	-9.68	-9.53	-5.04	-7.17
Weighted Average Basic Shares Outstanding	-	8.39	8.78	7.84	11.08	11.08	1.40B	1.42B
Weighted Average Diluted Shares Outstanding	-	8.36	8.75	7.82	11.06	11.06	7.44	8.07
Weighted Average Basic & Diluted Shares Outstanding	-	1.44B	1.43B	0.00	1.43B	1.39B	1.40B	1.42B
Cash Dividends to Common per Share	$3.48	$3.77	$4.07	$4.29	$4.32	$4.96	$3.85	$4.02

No quarterly income statements for Royal Bank Of Canada are available.

This table details how cash moves in and out of Royal Bank Of Canada's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024
Net Change in Cash & Equivalents	-940	7,364	1,263	-16,942	-38,918	-28,791	10,017	19,604
Net Cash From Operating Activities	10,015	11,993	13,330	15,859	14,287	16,374	12,475	15,354
Net Cash From Continuing Operating Activities	10,015	11,993	13,330	15,859	14,287	16,374	12,475	15,354
Net Income / (Loss) Continuing Operations	8,915	9,447	9,794	8,586	12,947	11,590	10,529	11,651
Consolidated Net Income / (Loss)	8,915	9,447	9,794	8,586	12,947	11,590	10,529	11,651
Provision For Loan Losses	894	993	1,418	3,266	-607	355	1,778	2,319
Depreciation Expense	-	432	477	1,001	1,029	927	-1,048	-657
Amortization Expense	-	823	995	987	1,062	1,017	1,138	1,160
Non-Cash Adjustments to Reconcile Net Income	-190	-103	-207	-212	-245	-184	-205	-101
Changes in Operating Assets and Liabilities, net	397	400	852	2,232	102	2,669	284	983
Net Cash From Investing Activities	-7,215	-1,705	-5,451	-27,214	-11,795	-23,146	0.00	-9,123
Net Cash From Continuing Investing Activities	-7,215	-1,705	-5,451	-27,214	-11,795	-23,146	0.00	-9,123
Acquisitions	-	-49	-81	-17	0.00	-1,501	0.00	-9,123
Net Cash From Financing Activities	-3,739	-2,974	-6,934	-6,384	-39,144	-18,974	-3,619	12,922
Net Cash From Continuing Financing Activities	-3,739	-2,974	-6,934	-6,384	-39,144	-18,974	-3,619	12,922
Net Change in Deposits	-3,739	-2,895	-1,426	-507	-32,764	-20,803	45,203	69,346
Issuance of Debt	-	0.00	-200	9.76	-11	7,045	-44,773	-49,991
Issuance of Common Equity	-	-	-	-	-	-	3,008	4,819
Repayment of Debt	-	-	-	-	-	-	-122	-1,076
Repurchase of Preferred Equity	-	-80	-723	-1,132	-1,190	-114	0.00	-732
Repurchase of Common Equity	-	-	-	-	-	-	-2,936	-4,683
Payment of Dividends	-	-	-4,585	-4,754	-5,179	-5,103	-3,998	-4,761
Effect of Exchange Rate Changes	-	50	319	797	-2,267	-3,044	1,161	451

No quarterly cash flow statements for Royal Bank Of Canada are available.

This table presents Royal Bank Of Canada's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024
Total Assets	942,714	1,014,343	1,087,345	1,219,553	1,376,400	1,405,689	1,445,836	1,557,918
Cash and Due from Banks	22,080	22,958	20,021	89,250	91,834	53,081	44,667	40,694
Restricted Cash	12,793	11,887	247,326	248,875	264,339	246,112	15,633	25
Interest Bearing Deposits at Other Banks	25,387	27,716	29,179	29,287	64,240	79,193	51,222	47,364
Trading Account Securities	440,722	393,255	189,479	207,054	-	-	397,882	423,653
Loans and Leases, Net of Allowance	421,760	438,358	470,917	496,209	578,830	601,191	614,478	704,053
Loans and Leases	423,438	440,571	473,276	500,442	582,128	603,943	863,214	960,055
Premises and Equipment, Net	2,075	2,152	2,428	5,956	5,989	5,289	4,863	4,916
Goodwill	8,532	8,464	8,550	8,484	8,755	9,001	9,075	13,836
Intangible Assets	3,503	3,562	3,557	3,567	3,607	4,460	4,253	5,594
Other Assets	104,140	104,953	114,624	129,428	126,986	172,109	58,633	66,113
Total Liabilities & Shareholders' Equity	942,714	1,014,343	1,087,345	1,219,553	1,376,400	1,405,689	1,445,836	1,557,918
Total Liabilities	884,863	953,581	1,023,711	1,154,417	709,183	706,805	1,362,865	1,466,669
Non-Interest Bearing Deposits	411,504	430,170	449,928	502,095	595,582	589,400	569,060	636,625
Federal Funds Purchased and Securities Sold	111,215	-	-	-	-	-	241,561	219,041
Short-Term Debt	23,324	24,506	26,686	21,984	30,524	26,036	24,248	25,315
Bankers Acceptance Outstanding	12,793	11,902	13,766	13,977	16,030	13,104	15,669	25
Separate Account Business Liabilities	7,201	6,939	7,469	7,407	-	-	8,204	9,718
Other Long-Term Liabilities	108,104	266,118	291,646	340,811	56,708	69,826	171,964	185,408
Total Equity & Noncontrolling Interests	57,851	60,763	63,634	65,136	79,666	79,313	82,971	91,249
Total Preferred & Common Equity	57,385	60,691	63,557	65,059	79,589	79,232	82,900	91,175
Total Common Equity	38,640	55,897	59,214	60,596	74,198	73,866	82,900	91,175
Common Stock	0.00	13,388	13,383	13,137	14,241	12,453	19,081	21,510
Retained Earnings	35,256	38,843	42,599	44,897	57,913	57,216	58,881	63,568
Other Equity Adjustments	3,384	3,665	3,233	2,563	2,043	4,198	4,937	6,097
Noncontrolling Interest	466	71	78	77	77	81	71	74

This table presents Royal Bank Of Canada's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q4 2023	Q4 2024
Period end date	10/31/2022	10/31/2023	10/31/2024
Total Assets	1,405,689	1,445,836	1,557,918
Cash and Due from Banks	53,081	44,667	40,694
Restricted Cash	246,112	15,633	25
Interest Bearing Deposits at Other Banks	79,193	51,222	47,364
Trading Account Securities	-	397,882	423,653
Loans and Leases, Net of Allowance	601,191	614,478	704,053
Loans and Leases	603,943	863,214	960,055
Premises and Equipment, Net	5,289	4,863	4,916
Goodwill	9,001	9,075	13,836
Intangible Assets	4,460	4,253	5,594
Other Assets	172,109	58,633	66,113
Total Liabilities & Shareholders' Equity	1,405,689	1,445,836	1,557,918
Total Liabilities	706,805	1,362,865	1,466,669
Non-Interest Bearing Deposits	589,400	569,060	636,625
Federal Funds Purchased and Securities Sold	-	241,561	219,041
Short-Term Debt	26,036	24,248	25,315
Bankers Acceptance Outstanding	13,104	15,669	25
Separate Account Business Liabilities	-	8,204	9,718
Other Long-Term Liabilities	69,826	171,964	185,408
Total Equity & Noncontrolling Interests	79,313	82,971	91,249
Total Preferred & Common Equity	79,232	82,900	91,175
Total Common Equity	73,866	82,900	91,175
Common Stock	12,453	19,081	21,510
Retained Earnings	57,216	58,881	63,568
Other Equity Adjustments	4,198	4,937	6,097
Noncontrolling Interest	81	71	74

This table displays calculated financial ratios and metrics derived from Royal Bank Of Canada's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-41.47%	11.26%	-0.58%	11.21%	-10.02%	71.54%	10.06%
EBITDA Growth	0.00%	-4.68%	2.64%	-5.83%	46.47%	-6.68%	35.66%	11.30%
EBIT Growth	0.00%	-18.36%	1.11%	-10.80%	54.07%	-6.64%	52.06%	9.60%
NOPAT Growth	0.00%	5.97%	3.67%	-12.34%	50.79%	-10.48%	-9.15%	10.66%
Net Income Growth	0.00%	5.97%	3.67%	-12.34%	50.79%	-10.48%	-9.15%	10.66%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	19.75%	11.15%	18.98%	-9.91%	14.60%	-23.81%	23.08%
Free Cash Flow Firm Growth	0.00%	0.00%	-11.39%	148.47%	-5,171.40%	97.39%	4,129.83%	-99.63%
Invested Capital Growth	0.00%	5.04%	5.92%	-3.54%	700.89%	3.90%	-85.21%	8.72%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
EBITDA Margin	43.92%	71.52%	65.98%	62.49%	82.30%	85.36%	67.50%	68.27%
EBIT Margin	46.41%	64.73%	58.83%	52.78%	73.12%	75.86%	67.25%	66.97%
Profit (Net Income) Margin	28.20%	51.06%	47.58%	41.95%	56.88%	56.59%	29.97%	30.13%
Tax Burden Percent	78.17%	78.88%	80.88%	79.48%	77.80%	78.61%	80.36%	81.76%
Interest Burden Percent	77.73%	100.00%	100.00%	100.00%	100.00%	94.89%	55.46%	55.03%
Effective Tax Rate	21.83%	21.12%	19.12%	20.52%	22.20%	21.39%	19.64%	18.24%
Return on Invested Capital (ROIC)	10.98%	11.35%	11.16%	9.68%	3.30%	1.63%	2.53%	10.41%
ROIC Less NNEP Spread (ROIC-NNEP)	10.98%	11.35%	11.16%	9.68%	3.30%	1.63%	2.53%	10.41%
Return on Net Nonoperating Assets (RNNOA)	4.43%	4.58%	4.59%	3.66%	14.58%	12.95%	10.45%	2.96%
Return on Equity (ROE)	15.41%	15.93%	15.75%	13.34%	17.88%	14.58%	12.98%	13.37%
Cash Return on Invested Capital (CROIC)	0.00%	6.43%	5.40%	13.28%	-152.30%	-2.19%	150.99%	2.06%
Operating Return on Assets (OROA)	1.56%	1.22%	1.15%	0.94%	1.28%	1.12%	1.66%	1.72%
Return on Assets (ROA)	0.95%	0.97%	0.93%	0.74%	1.00%	0.83%	0.74%	0.78%
Return on Common Equity (ROCE)	10.29%	12.70%	14.57%	12.41%	16.65%	13.58%	12.53%	13.36%
Return on Equity Simple (ROE_SIMPLE)	15.53%	15.57%	15.41%	13.20%	16.27%	14.63%	12.70%	12.78%
Net Operating Profit after Tax (NOPAT)	8,915	9,447	9,794	8,586	12,947	11,590	10,529	11,651
NOPAT Margin	28.20%	51.06%	47.58%	41.95%	56.88%	56.59%	29.97%	30.13%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	7.43%	12.94%	12.61%	13.08%	12.65%	13.08%	8.20%	8.06%
Operating Expenses to Revenue	53.59%	35.27%	41.17%	47.22%	26.88%	24.14%	32.75%	33.03%
Earnings before Interest and Taxes (EBIT)	14,671	11,977	12,110	10,802	16,642	15,537	23,626	25,893
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13,882	13,232	13,581	12,790	18,733	17,481	23,715	26,396
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	1.65	1.46	1.83	1.69	1.29	1.86
Price to Tangible Book Value (P/TBV)	0.00	0.00	2.08	1.82	2.20	2.07	1.53	2.36
Price to Revenue (P/Rev)	0.00	0.00	4.75	4.31	5.97	6.11	3.03	4.38
Price to Earnings (P/E)	0.00	0.00	4.99	5.14	5.25	5.22	5.06	7.28
Dividend Yield	5.71%	6.39%	5.99%	6.96%	4.55%	5.65%	6.94%	3.68%
Earnings Yield	0.00%	0.00%	20.04%	19.46%	19.05%	19.17%	19.76%	13.74%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.18	0.92
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	0.00	0.55	2.76
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.82	4.05
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.82	4.13
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	1.84	9.17
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	1.55	6.96
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.03	46.34
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.40	0.40	0.42	0.34	0.38	0.33	0.29	0.28
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.40	0.40	0.41	0.38	4.42	7.95	4.13	0.28
Leverage Ratio	16.30	16.50	16.90	17.91	17.93	17.50	17.57	17.24
Compound Leverage Factor	12.67	16.50	16.90	17.91	17.93	16.61	9.74	9.49
Debt to Total Capital	28.73%	28.74%	29.55%	25.23%	27.70%	24.71%	22.62%	21.72%
Short-Term Debt to Total Capital	28.73%	28.74%	29.55%	25.23%	27.70%	24.71%	22.62%	21.72%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	23.09%	5.62%	4.81%	5.12%	4.89%	5.09%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.57%	0.08%	0.09%	0.09%	0.07%	0.08%	0.07%	0.06%
Common Equity to Total Capital	47.60%	65.55%	65.56%	69.55%	67.34%	70.12%	77.32%	78.22%
Debt to EBITDA	1.68	1.85	1.96	1.72	1.63	1.49	1.02	0.96
Net Debt to EBITDA	-2.66	-2.88	-19.87	-27.01	-20.81	-20.16	-3.68	-2.38
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	2.62	2.59	2.72	2.56	2.36	2.25	2.30	2.17
Net Debt to NOPAT	-4.14	-4.03	-27.55	-40.23	-30.11	-30.40	-8.29	-5.39
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	33.21%	20.30%	7.47%	6.96%	6.91%	6.87%	3.40%	0.08%
Liquidity Ratios	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	5,353	4,743	11,785	-597,674	-15,590	628,231	2,306
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.47	0.29	1.12	-90.99	-1.18	14.09	0.04
Operating Cash Flow to Interest Expense	1.32	1.05	0.81	1.50	2.18	1.24	0.28	0.28
Operating Cash Flow Less CapEx to Interest Expense	1.32	1.05	0.81	1.50	2.18	1.24	0.28	0.28
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.02	0.02	0.02	0.02	0.01	0.02	0.03
Fixed Asset Turnover	15.23	8.75	8.99	4.88	3.81	3.63	6.92	7.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	81,175	85,269	90,320	87,121	697,741	724,920	107,219	116,564
Invested Capital Turnover	0.39	0.22	0.23	0.23	0.06	0.03	0.08	0.35
Increase / (Decrease) in Invested Capital	0.00	4,094	5,051	-3,199	610,621	27,179	-617,702	9,345
Enterprise Value (EV)	0.00	0.00	-167,666	-252,662	-248,482	-221,864	19,342	106,839
Market Capitalization	0.00	0.00	97,752	88,225	135,937	125,038	106,544	169,533
Book Value per Share	$0.00	$6,662,279,373.78	$41.14	$42.35	$6,696,551,424.91	$51.83	$59.83	$65.01
Tangible Book Value per Share	$0.00	$5,228,954,531.35	$32.73	$33.93	$5,580,859,932.04	$42.38	$50.21	$51.16
Total Capital	81,175	85,269	90,320	87,121	110,190	105,349	107,219	116,564
Total Debt	23,324	24,506	26,686	21,984	30,524	26,036	24,248	25,315
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-36,936	-38,054	-269,839	-345,427	-389,888	-352,349	-87,274	-62,768
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	-0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	23,324	24,506	26,686	21,984	618,075	645,607	24,248	25,315
Total Depreciation and Amortization (D&A)	-789	1,255	1,472	1,988	2,091	1,944	89	503
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$8.39	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	1.44B	9.00	8.00	11.00	11.00	11.00	1.42B
Adjusted Diluted Earnings per Share	$0.00	$8.36	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	1.44B	9.00	8.00	11.00	11.00	11.00	8.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	1.44B	1.43B	0.00	1.43B	1.39B	1.40B	1.42B
Normalized Net Operating Profit after Tax (NOPAT)	8,915	9,447	9,794	8,586	12,947	11,590	10,529	11,651
Normalized NOPAT Margin	28.20%	51.06%	47.58%	41.95%	56.88%	56.59%	29.97%	30.13%
Pre Tax Income Margin	36.08%	64.73%	58.83%	52.78%	73.12%	71.99%	37.29%	36.85%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.93	1.05	0.74	1.02	2.53	1.17	0.53	0.47
NOPAT to Interest Expense	1.17	0.82	0.60	0.81	1.97	0.88	0.24	0.21
EBIT Less CapEx to Interest Expense	1.93	1.05	0.74	1.02	2.53	1.17	0.53	0.47
NOPAT Less CapEx to Interest Expense	1.17	0.82	0.60	0.81	1.97	0.88	0.24	0.21
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	46.81%	55.37%	40.00%	44.03%	37.98%	40.87%
Augmented Payout Ratio	0.00%	0.00%	46.81%	55.37%	40.00%	44.03%	65.86%	81.06%

No quarterly metrics and ratios for Royal Bank Of Canada are available.

Financials Breakdown Chart

Key Financial Trends

The Royal Bank of Canada (NYSE: RY) has shown several notable trends in its balance sheet over the last three years through the fiscal year ending in October 2024. Analyzing these annual snapshots reveals both growth in key assets and changes in equity and liabilities that could impact investors' perceptions of the bank's financial health and growth prospects.

Total Assets Growth: Total assets increased from approximately $1.41 trillion in 2022 to about $1.56 trillion in 2024, indicating robust expansion in the bank's asset base.
Loans and Leases Expansion: Net loans and leases increased significantly from around $601 billion in 2022 to about $704 billion in 2024, reflecting an aggressive lending posture supporting revenue growth.
Increase in Goodwill and Intangible Assets: Goodwill rose from approximately $9.0 billion in 2022 to $13.8 billion in 2024, while intangible assets also increased, suggesting potential successful acquisitions or investments enhancing intangible value.
Growth in Common Equity: Total common equity grew from roughly $73.9 billion in 2022 to about $91.2 billion in 2024, strengthening the bank’s capital base.
Retained Earnings Increase: Retained earnings climbed steadily from $57.2 billion in 2022 to $63.6 billion in 2024, indicating profitability and reinvestment of earnings into the bank.

Decrease in Cash and Due from Banks: Cash and due from banks declined from $53.1 billion in 2022 to approximately $40.7 billion in 2024, which may reflect changes in liquidity management without necessarily signaling risk.
Fluctuating Restricted Cash: Restricted cash decreased sharply in 2024 compared to 2022 but dropped back substantially from 2023 levels, possibly due to regulatory or operational adjustments.
Federal Funds Purchased and Securities Sold: This liability decreased from $241.6 billion in 2023 to $219 billion in 2024, indicating shifts in short-term funding strategies.
Other Assets and Liabilities: Both "Other Assets" and "Other Long-Term Liabilities" increased notably over the years, suggesting complexities in the bank’s operations and growth in less transparent balance sheet components.

Rising Total Liabilities: Total liabilities grew from approximately $707 billion in 2022 to about $1.47 trillion in 2024, increasing the bank's leverage, which could raise risk if asset quality weakens.
Bankers’ Acceptance Outstanding Increased: The bankers’ acceptance line jumped from about $13.1 billion in 2022 to nearly $25.1 billion in 2024, which might indicate increased short-term credit exposure.

Overall, Royal Bank of Canada demonstrates solid growth in lending and capital, supported by shareholder equity expansion. However, rising liabilities and some fluctuation in liquidity-related items bear watching to assess the risk profile moving forward.

09/17/25 03:01 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Royal Bank Of Canada's Financials

When does Royal Bank Of Canada's fiscal year end?

According to the most recent income statement we have on file, Royal Bank Of Canada's financial year ends in October. Their financial year 2024 ended on October 31, 2024.

How has Royal Bank Of Canada's net income changed over the last 7 years?

Royal Bank Of Canada's net income appears to be on an upward trend, with a most recent value of $11.65 billion in 2024, rising from $8.91 billion in 2017. The previous period was $10.53 billion in 2023. Find out what analysts predict for Royal Bank Of Canada in the coming months.

How has Royal Bank Of Canada's revenue changed over the last 7 years?

Over the last 7 years, Royal Bank Of Canada's total revenue changed from $31.61 billion in 2017 to $38.66 billion in 2024, a change of 22.3%.

How much debt does Royal Bank Of Canada have?

Royal Bank Of Canada's total liabilities were at $1.47 trillion at the end of 2024, a 7.6% increase from 2023, and a 65.8% increase since 2017.

How much cash does Royal Bank Of Canada have?

In the past 7 years, Royal Bank Of Canada's cash and equivalents has ranged from $20.02 billion in 2019 to $91.83 billion in 2021, and is currently $40.69 billion as of their latest financial filing in 2024.

How has Royal Bank Of Canada's book value per share changed over the last 7 years?

Over the last 7 years, Royal Bank Of Canada's book value per share changed from 0.00 in 2017 to 65.01 in 2024, a change of 6,501.5%.

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This page (NYSE:RY) was last updated on 9/17/2025 by MarketBeat.com Staff

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Royal Bank Of Canada (RY) Financials

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Royal Bank Of Canada (RY) Financials

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