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Royal Bank of Canada
Previous close
$173.77
Day range
$172.90 - $174.89
Year range
$115.57 - $175.59
Market cap
248.60B CAD
Avg Volume
5.77M
P/E ratio
15.54
Dividend yield
3.25%
In the news
Financials
Income Statement
Revenue
Net income
(CAD) | Jul 2024info | Y/Y change |
---|---|---|
Revenue | 13.97B | 13.03% |
Operating expense | 8.17B | 10.51% |
Net income | 4.48B | 16.20% |
Net profit margin | 32.09 | 2.82% |
Earnings per share | 3.26 | 14.79% |
EBITDA | — | — |
Effective tax rate | 16.51% | — |
Balance Sheet
Total assets
Total liabilities
(CAD) | Jul 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 732.14B | 2.77% |
Total assets | 2.08T | 6.05% |
Total liabilities | 1.95T | 5.76% |
Total equity | 124.49B | — |
Shares outstanding | 1.41B | — |
Price to book | 2.14 | — |
Return on assets | 0.87% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(CAD) | Jul 2024info | Y/Y change |
---|---|---|
Net income | 4.48B | 16.20% |
Cash from operations | -10.44B | -405.53% |
Cash from investing | -27.71B | -25.40% |
Cash from financing | 30.76B | 2,190.10% |
Net change in cash | -6.14B | 67.40% |
Free cash flow | — | — |
About
Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 20 million clients and has more than 100,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.
In Canada, the bank's personal and commercial banking operations are branded as RBC Royal Bank in English and RBC Banque Royale in French and serves approximately 11 million clients through its network of 1,284 branches. RBC Bank is a US banking subsidiary which formerly operated 439 branches across six states in the Southeastern United States, but now only offers cross-border banking services to Canadian travellers and expats. RBC's other Los Angeles-based US subsidiary City National Bank operates 79 branches across 11 US states. RBC also has 127 branches across seventeen countries in the Caribbean, which serve more than 16 million clients. Wikipedia
Founded
1864
Website
Employees
96,165