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Royal Bank of Canada (RBC) is a diversified financial services company. It provides personal and commercial banking, wealth management, insurance, investor services, and capital markets products and services on a global basis. The company operates through five Business Segments: Personal and Commercial Banking, Wealth Management, Investor and Treasury Services, Capital Markets, and Insurance.

Personal and Commercial Banking comprises of its personal banking operations and certain retail investment businesses. Wealth Management offers a suite of investment, trust, and other wealth management solutions and businesses that provide asset management products and services. Investor and Treasury Services segment serves the needs of institutional investing clients and provides custodial, advisory, financing, and other services. Capital Markets provides public and private companies, institutional investors, governments, and central banks globally with a range of capital markets products and services. Insurance offers life, health, home, auto, travel, wealth, and reinsurance advice and solutions, as well as creditor and business insurance services to individual, business and group clients.

TypePublic
Founded1864
HQToronto, CA
Websiterbc.com

Locations

Royal Bank Of Canada is headquartered in
Toronto, Canada

Location Map

Latest Updates

Employees (est.) (Jul 2019)84,087(+3%)
Job Openings685
Revenue (FY, 2019)C$46 B(+9%)
Share Price (May 2020)$58.9 (-1%)

Key People/Management at Royal Bank Of Canada

David McKay

David McKay

President & Chief Executive Officer
Rod Bolger

Rod Bolger

Chief Financial Officer
Michael Dobbins

Michael Dobbins

Chief Strategy & Corporate Development Officer
Doug Guzman

Doug Guzman

Group Head, RBC Wealth Management & RBC Insurance
Derek Neldner

Derek Neldner

CEO and Group Head, RBC Capital Markets
Graeme Hepworth

Graeme Hepworth

Chief Risk Officer
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Royal Bank Of Canada Office Locations

Royal Bank Of Canada has offices in Toronto, Calgary, Montreal, Vancouver and in 46 other locations
Toronto, CA (HQ)
Royal Bank Plaza, 200 Bay St
Calgary, CA
888 3rd Street, South West 10th Floor, West Tower
Montreal, CA
1 Place Ville Marie #300
Toronto, CA
155 Wellington St W
Vancouver, CA
666 Burrard St
Melbourne, AU
120 Collins St
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Royal Bank Of Canada Financials and Metrics

Royal Bank Of Canada Revenue

Royal Bank Of Canada's revenue was reported to be C$46 b in FY, 2019 which is a 8% increase from the previous period.
CAD

Revenue (Q1, 2020)

12.8b

Net income (Q1, 2020)

3.5b

Market capitalization (22-May-2020)

83.8b

Closing stock price (22-May-2020)

58.9

Cash (31-Jan-2020)

34.1b

EV

58.9b
Royal Bank Of Canada's current market capitalization is $83.8 b.
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

38.4b40.7b42.6b46.0b

Revenue growth, %

9%6%5%8%

Operating expense total

20.1b21.8b22.8b24.1b

Pre tax profit

13.3b14.7b15.8b15.9b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

Revenue

9.5b10.3b10.0b10.5b10.8b10.1b11.0b10.7b11.6b11.5b11.5b11.4b12.8b

Operating expense total

5.2b5.2b5.4b5.6b5.6b5.5b5.9b5.9b5.9b5.9b6.0b6.3b6.4b

Pre tax profit

3.9b3.7b3.6b3.5b4.0b3.9b3.9b3.9b3.9b4.0b4.1b3.9b4.4b

Income tax expense

827.0m880.0m792.0m704.0m1.0b817.0m787.0m690.0m766.0m767.0m818.0m692.0m916.0m
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Cash

14.9b28.4b30.2b26.3b

Accounts Receivable

521.6b542.6b576.8b618.9b

PP&E

2.8b2.7b2.8b3.2b

Goodwill

11.2b11.0b11.1b11.2b
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

10.5b11.5b12.4b12.9b

Depreciation and Amortization

1.5b1.6b1.7b1.9b

Cash From Operating Activities

26.9b37.7b17.5b14.3b

Purchases of PP&E

(1.3b)(1.4b)(2.0b)(2.3b)
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

3.0b5.8b8.6b3.0b6.1b9.2b3.2b6.4b9.7b3.5b

Depreciation and Amortization

414.0m811.0m1.2b396.0m803.0m1.8b443.0m900.0m1.4b644.0m

Cash From Operating Activities

7.4b21.0b31.4b14.6b8.0b23.5b11.2b53.0m3.2b19.9b

Purchases of PP&E

(257.0m)(671.0m)(899.0m)(357.0m)(874.0m)(1.4b)(561.0m)(1.1b)(1.6b)(745.0m)
CADY, 2020

EV/CFO

3 x

Debt/Equity

0.1 x

Financial Leverage

17.6 x
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Royal Bank Of Canada Acquisitions / Subsidiaries

Company NameDateDeal Size
BlueBay Asset Management (Services) Ltd
Capital Funding Alberta Limited
City Holding
Investment Holdings (Cayman) Limited
RBC Bank (Georgia), National Association
RBC (Barbados) Funding Ltd.
RBC (Barbados) Trading Bank Corporation
RBC Capital Markets, LLC
RBC Capital Trust
RBC Caribbean Investments Limited
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Royal Bank Of Canada Revenue Breakdown

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Royal Bank Of Canada revenue breakdown by business segment: 26.2% from Wealth Management, 17.9% from Capital Markets, 5.1% from Investor & Treasury Services, 12.3% from Insurance and 38.5% from Personal & Commercial Banking

Royal Bank Of Canada revenue breakdown by geographic segment: 15.5% from Other International, 61.8% from Canada and 22.8% from United States

Royal Bank Of Canada Online and Social Media Presence

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Royal Bank Of Canada Frequently Asked Questions

  • When was Royal Bank Of Canada founded?

    Royal Bank Of Canada was founded in 1864.

  • Who are Royal Bank Of Canada key executives?

    Royal Bank Of Canada's key executives are David McKay, Rod Bolger and Michael Dobbins.

  • How many employees does Royal Bank Of Canada have?

    Royal Bank Of Canada has 84,087 employees.

  • What is Royal Bank Of Canada revenue?

    Latest Royal Bank Of Canada annual revenue is C$46 b.

  • What is Royal Bank Of Canada revenue per employee?

    Latest Royal Bank Of Canada revenue per employee is C$547.1 k.

  • Who are Royal Bank Of Canada competitors?

    Competitors of Royal Bank Of Canada include Desjardins, Commerzbank and Bank of Montreal (BMO).

  • Where is Royal Bank Of Canada headquarters?

    Royal Bank Of Canada headquarters is located at Royal Bank Plaza, 200 Bay St, Toronto.

  • Where are Royal Bank Of Canada offices?

    Royal Bank Of Canada has offices in Toronto, Calgary, Montreal, Vancouver and in 46 other locations.

  • How many offices does Royal Bank Of Canada have?

    Royal Bank Of Canada has 58 offices.