Royal Bank of Canada (RY) Income Statement Analysis

See more : Burlington Stores, Inc. (BURL) Income Statement Analysis – Financial Results

Complete financial analysis of Royal Bank of Canada (RY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Royal Bank of Canada, a leading company in the Banks – Diversified industry within the Financial Services sector.

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Royal Bank of Canada (RY)

Industry: Banks - Diversified

Sector: Financial Services

Website: https://www.rbc.com

About Royal Bank of Canada

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue	57.49B	53.66B	48.78B	49.54B	47.10B	45.93B	42.56B	40.12B	37.67B	35.17B	33.95B	30.86B	29.75B	27.43B	28.33B	29.11B	21.58B	22.46B	20.64B	19.22B	18.12B	17.42B	15.72B	14.73B	11.96B	10.61B	10.05B	9.28B	7.91B	7.26B	7.37B	6.49B
Cost of Revenue	0.00	-2.60B	0.00	0.00	0.00	0.00	2.72B	3.05B	3.42B	3.04B	3.57B	2.78B	3.62B	3.36B	5.11B	4.61B	1.63B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	57.49B	56.26B	48.78B	49.54B	47.10B	45.93B	39.84B	37.07B	34.25B	32.13B	30.37B	28.08B	26.13B	24.07B	23.22B	24.50B	19.95B	22.46B	20.64B	19.22B	18.12B	17.42B	15.72B	14.73B	11.96B	10.61B	10.05B	9.28B	7.91B	7.26B	7.37B	6.49B
Gross Profit Ratio	100.00%	104.84%	100.00%	100.00%	100.00%	100.00%	93.62%	92.39%	90.91%	91.36%	89.47%	90.98%	87.83%	87.75%	81.97%	84.16%	92.44%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	21.08B	3.49B	18.31B	20.43B	18.94B	18.69B	16.45B	16.38B	15.63B	14.55B	14.60B	12.97B	12.91B	12.32B	14.75B	13.59B	9.41B	10.03B	9.85B	9.39B	8.98B	6.45B	6.31B	5.72B	4.70B	4.10B	3.59B	3.37B	2.85B	2.56B	2.68B	2.31B
Selling & Marketing	0.00	22.99B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	21.08B	26.48B	18.31B	20.43B	18.94B	18.69B	16.45B	16.38B	15.63B	14.55B	14.60B	12.97B	12.91B	12.32B	14.75B	13.59B	9.41B	10.03B	9.85B	9.39B	8.98B	6.45B	6.31B	5.72B	4.70B	4.10B	3.59B	3.37B	2.85B	2.56B	2.68B	2.31B
Other Expenses	36.41B	0.00	-28.94B	-49.35B	-51.66B	-48.71B	-23.06B	-29.06B	-28.71B	-26.20B	-25.46B	-22.63B	-21.14B	-21.33B	-23.40B	-23.62B	-7.45B	-6.77B	-8.95B	-13.75B	-15.97B	-11.99B	-10.39B	-5.91B	-2.20B	-2.92B	-932.09M	-1.57B	110.90M	245.88M	-2.15B	-3.32B
Operating Expenses	57.49B	26.48B	-10.63B	-28.92B	-32.72B	-30.02B	-9.28B	-12.67B	-13.08B	-11.65B	-10.85B	-9.66B	-8.23B	-9.01B	-8.66B	-10.03B	1.96B	3.27B	900.93M	-4.36B	-6.99B	-5.54B	-4.08B	-190.45M	2.49B	1.17B	2.66B	1.80B	2.96B	2.81B	527.66M	-1.01B
Cost & Expenses	57.49B	26.48B	-10.63B	-28.92B	-32.72B	-30.02B	-9.28B	-9.62B	-9.66B	-8.61B	-7.28B	-6.88B	-4.61B	-5.65B	-3.55B	-5.43B	3.59B	3.27B	900.93M	-4.36B	-6.99B	-5.54B	-4.08B	-190.45M	2.49B	1.17B	2.66B	1.80B	2.96B	2.81B	527.66M	-1.01B
Interest Income	104.95B	86.99B	40.77B	28.15B	34.88B	41.33B	33.02B	26.90B	24.45B	22.73B	22.02B	21.15B	20.85B	18.92B	18.67B	20.54B	25.34B	26.38B	22.17B	16.96B	13.78B	14.05B	14.67B	17.31B	16.11B	14.20B	14.78B	13.31B	13.45B	12.72B	10.74B	9.58B
Interest Expense	77.00B	61.86B	18.05B	8.14B	14.05B	21.58B	14.83B	9.76B	7.92B	7.96B	7.90B	7.90B	8.35B	8.32B	7.70B	9.04B	15.98B	18.84B	15.41B	10.19B	7.08B	7.41B	7.51B	10.79B	10.83B	9.08B	9.71B	8.31B	8.56B	8.05B	6.07B	5.19B
Depreciation & Amortization	2.98B	2.87B	2.63B	2.56B	2.61B	1.82B	1.65B	1.62B	1.54B	712.00M	1.17B	464.00M	437.00M	865.00M	500.00M	389.00M	674.00M	529.75M	481.32M	464.05M	396.24M	469.47M	479.75M	672.91M	459.95M	459.03M	342.03M	382.06M	324.95M	360.06M	335.05M	277.00M
EBITDA	0.00	21.56B	22.63B	23.06B	16.92B	17.66B	17.39B	15.95B	14.67B	13.71B	12.71B	11.64B	10.63B	9.88B	8.19B	0.00	7.03B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA Ratio	0.00%	40.17%	83.65%	46.86%	33.24%	37.23%	75.69%	64.83%	60.29%	61.77%	60.96%	61.18%	61.63%	58.06%	52.86%	51.03%	104.63%	116.90%	106.70%	79.71%	63.61%	70.88%	77.10%	103.28%	124.68%	115.39%	129.89%	123.48%	141.55%	143.67%	111.71%	88.72%
Operating Income	0.00	27.18B	38.15B	20.62B	14.38B	15.90B	30.56B	24.40B	21.17B	20.48B	19.52B	18.42B	17.90B	15.06B	14.57B	14.46B	21.91B	25.73B	21.54B	14.85B	11.13B	11.88B	11.64B	14.54B	14.45B	11.78B	12.71B	11.08B	10.87B	10.07B	7.89B	5.48B
Operating Income Ratio	0.00%	50.65%	78.22%	41.62%	30.54%	34.63%	71.81%	60.80%	56.18%	58.23%	57.50%	59.68%	60.16%	54.90%	51.41%	49.69%	101.51%	114.54%	104.37%	77.30%	61.43%	68.19%	74.05%	98.71%	120.84%	111.07%	126.49%	119.37%	137.44%	138.71%	107.16%	84.45%
Total Other Income/Expenses	19.86B	-8.72B	-5.62B	-7.42B	-7.30B	-7.82B	-6.15B	-6.27B	-6.54B	-5.49B	-6.02B	-4.72B	-414.00M	-116.00M	0.00	-1.00B	-1.03B	-124.00M	-15.89B	-45.00M	-449.99M	-7.41B	-7.51B	-10.79B	-10.83B	-9.08B	-9.71B	-8.31B	-8.56B	-8.05B	-6.07B	-5.19B
Income Before Tax	19.86B	18.47B	20.11B	20.63B	14.39B	15.91B	15.76B	14.67B	13.30B	12.62B	11.71B	10.62B	9.69B	8.64B	6.97B	5.53B	6.01B	6.88B	6.16B	4.71B	4.05B	4.47B	4.13B	3.75B	3.62B	2.70B	3.00B	2.77B	2.31B	2.02B	1.82B	295.00M
Income Before Tax Ratio	34.55%	34.41%	41.23%	41.65%	30.55%	34.65%	37.03%	36.57%	35.30%	35.89%	34.50%	34.40%	32.57%	31.51%	24.60%	18.99%	27.82%	30.65%	29.85%	24.54%	22.34%	25.64%	26.25%	25.46%	30.27%	25.44%	29.84%	29.84%	29.20%	27.80%	24.76%	4.55%
Income Tax Expense	3.62B	3.60B	4.30B	4.58B	2.95B	3.04B	3.33B	3.20B	2.84B	2.60B	2.71B	2.19B	2.10B	1.89B	1.65B	1.57B	1.37B	1.39B	1.40B	1.28B	1.23B	1.46B	1.36B	1.34B	1.41B	973.96M	1.18B	1.09B	880.00M	755.05M	655.08M	-5.00M
Net Income	16.23B	14.86B	15.79B	16.04B	11.43B	12.86B	12.40B	11.43B	10.41B	9.93B	8.91B	8.33B	7.44B	4.85B	5.22B	3.86B	4.56B	5.49B	4.73B	3.39B	2.82B	3.01B	2.76B	2.41B	2.21B	1.73B	1.82B	1.68B	1.43B	1.26B	1.17B	300.00M
Net Income Ratio	28.23%	27.69%	32.38%	32.38%	24.27%	28.00%	29.14%	28.48%	27.62%	28.22%	26.25%	27.00%	25.02%	17.69%	18.44%	13.25%	21.11%	24.45%	22.91%	17.63%	15.55%	17.25%	17.57%	16.37%	18.47%	16.26%	18.15%	18.10%	18.08%	17.39%	15.87%	4.62%
EPS	10.96	10.15	11.08	11.08	7.84	8.78	8.59	7.59	6.80	6.75	6.03	5.53	4.96	4.25	3.49	2.59	3.41	4.24	3.65	2.61	2.14	2.22	2.08	1.79	1.71	1.25	1.32	1.23	1.03	0.88	0.80	0.12
EPS Diluted	11.23	10.32	11.06	11.06	7.82	8.75	8.55	7.56	6.78	6.73	6.00	5.49	4.91	4.19	3.46	2.57	3.38	4.19	3.59	2.57	2.11	2.19	2.06	1.78	1.70	1.24	1.30	1.21	1.03	0.88	0.80	0.12
Weighted Avg Shares Out	1.45B	1.42B	1.40B	1.42B	1.42B	1.43B	1.44B	1.47B	1.49B	1.44B	1.44B	1.44B	1.44B	1.43B	1.42B	1.40B	1.31B	1.27B	1.28B	1.28B	1.29B	1.31B	1.35B	1.28B	1.21B	1.25B	1.23B	1.24B	1.25B	1.25B	1.25B	1.27B
Weighted Avg Shares Out (Dil)	1.42B	1.39B	1.41B	1.43B	1.43B	1.44B	1.45B	1.47B	1.49B	1.45B	1.45B	1.47B	1.47B	1.47B	1.43B	1.41B	1.32B	1.29B	1.30B	1.30B	1.31B	1.32B	1.36B	1.29B	1.22B	1.26B	1.25B	1.26B	1.25B	1.25B	1.25B	1.27B

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