Royal Bank Of Canada

OverviewSuggest Edit

Royal Bank of Canada (RBC) is a diversified financial services company. It operates in six business segments: Personal and Commercial Banking, Wealth Management, Investor and Treasury Services, Capital Markets, Corporate Support, and Insurance. The company engages in personal banking operations and retail investment businesses, offers a suite of investment, trust, and other wealth management solutions, asset management products and services as well as custodial, advisory, financing, and other services. RBC also provides public and private companies, institutional investors, governments, and central banks globally with a range of capital markets products and services. In addition, it 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
Founded1896
HQToronto, CA
Websiterbc.com
Employee Ratings4

Latest Updates

Employees (est.) (Jan 2022)85,211
Job Openings1,926
Revenue (FY, 2021)C$57.8 B(-5%)
Share Price (Aug 2022)$97.3
Cybersecurity ratingBMore
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Key People/Management at Royal Bank Of Canada

David McKay

David McKay

President & Chief Executive Officer
Helena Gottschling

Helena Gottschling

Chief Human Resources Officer
Graeme Hepworth

Graeme Hepworth

Chief Risk Officer
Derek Neldner

Derek Neldner

CEO and Group Head, RBC Capital Markets
Christoph Knoess

Christoph Knoess

Chief Administrative and Strategy Officer
Nadine Ahn

Nadine Ahn

Chief Financial Officer
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Royal Bank Of Canada Office Locations

Royal Bank Of Canada has offices in Toronto, Calgary, Montreal, Vancouver and in 51 other locations
Toronto, CA (HQ)
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 17th Floor
Toronto, CA
88 Queens Quay W
Vancouver, CA
450 SW Marine Dr 16th Floor
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Royal Bank Of Canada Financials and Metrics

Royal Bank Of Canada Revenue

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Royal Bank Of Canada's revenue was reported to be C$57.84 b in FY, 2021
CAD

Revenue (Q1, 2022)

15.2b

Gross profit (Q1, 2022)

13.1b

Gross profit margin (Q1, 2022), %

86.1%

Net income (Q1, 2022)

4.1b

Market capitalization (1-Aug-2022)

136.4b

Closing stock price (1-Aug-2022)

97.3

Cash (31-Jan-2022)

131.2b

EV

15.8b
Royal Bank Of Canada's current market capitalization is $136.4 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

67.6b61.2b57.8b

Revenue growth, %

18%(9%)

Cost of goods sold

21.6b14.0b8.1b

Gross profit

46.0b47.2b49.7b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

17.9b14.1b15.7b15.1b13.7b14.7b15.2b

Cost of goods sold

5.0b3.8b2.8b2.2b2.0b1.9b2.1b

Gross profit

12.8b10.3b12.9b12.9b11.6b12.8b13.1b

Gross profit Margin, %

72%73%82%85%85%87%86%
Annual
CADFY, 2019FY, 2020FY, 2021

Cash

26.3b118.9b113.8b

Accounts Receivable

618.9b661.0b717.6b

PP&E

3.2b7.9b7.4b

Goodwill

11.2b11.3b10.9b
Quarterly
Annual
CADFY, 2019FY, 2020FY, 2021

Net Income

12.9b11.4b16.1b

Depreciation and Amortization

1.9b2.6b2.6b

Cash From Operating Activities

14.3b138.8b61.0b

Purchases of PP&E

(2.3b)(2.6b)(2.2b)
Quarterly
CADQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

3.5b5.0b8.2b3.8b7.9b12.2b4.1b

Depreciation and Amortization

644.0m1.3b1.9b634.0m1.3b1.9b652.0m

Cash From Operating Activities

19.9b111.9b140.7b30.8b24.3b51.2b8.4b

Purchases of PP&E

(745.0m)(1.5b)(2.0b)(429.0m)(925.0m)(1.5b)(590.0m)
CADFY, 2019

EV/CFO

6.7 x

Revenue/Employee

816.3k

Debt/Equity

0.1 x

Financial Leverage

17.1 x

P/E Ratio

8.9
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Royal Bank Of Canada Operating Metrics

Royal Bank Of Canada's Total Loans was reported to be C$740b in Q1, 2022. Royal Bank Of Canada's Assets Under Management was reported to be C$1t in Q1, 2022. Royal Bank Of Canada's Total Deposits was reported to be C$1.1t in Q1, 2022.

Royal Bank Of Canada Acquisitions / Subsidiaries

Company NameDateDeal Size
WayPayJuly 09, 2019
City National CorporationNovember 02, 2015c$7.1 b
BlueBay Asset ManagementDecember 17, 2010£959 m
Mourant Private WealthFebruary 27, 2009
Richardson Barr & Co.August 04, 2008
Ferris, Baker Watts, IncorporatedJune 20, 2008c$265 m
RBTT Financial GroupJune 16, 2008$2.28 b
Phillips, Hager & North Investment Management Ltd.May 01, 2008c$1.3 b
Alabama National BanCorporationFebruary 22, 2008c$1.78 b
Seasongood & Mayer, LLCJune 18, 2007
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Human Capital Metrics

Source: www.rbc.com
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Royal Bank Of Canada Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Royal Bank Of Canada Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Royal Bank Of Canada Online and Social Media Presence

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Royal Bank Of Canada News and Updates

RBC joins string of banks that will not directly fund drilling projects in Arctic refuge

The Royal Bank of Canada recently joined more than 24 major financial institutions that will not fund resource development in the Arctic National Wildlife Refuge. The bank's new policy says that because of the refuge's "ecological and social significance and vulnerability," RBC will not directly …

City National Bank Opens in Buckhead

City National Bank, America’s Premier Private and Business Bank®, announced today that it has opened its second Atlanta office, in the city’s affluent uptown district of Buckhead, to better serve the community. The bank is also opening a new branch in the Hudson Yards neighborhood of New York.

RBC provides Keyano College with $100,000 donation

Royal Bank of Canada (RBC) provided Keyano College and its students with generous financial support. The post-secondary institution will receive $100,000 over the next two years towards its Employment Skills Certificate Program.

Royal Bank of Canada (NYSE:RY) Receives Average Rating of "Hold" from Analysts

Shares of Royal Bank of Canada (NYSE:RY) (TSE:RY) have earned a consensus recommendation of "Hold" from the fourteen analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and eight ha…

RBC launches ethical AI hub for Canadian firms

Royal Bank of Canada's artificial intelligence research unit has launched a programme to help promote "ethical AI". While most Canadian businesses think that it is important to implement AI in an ethical and responsible way, the vast majority say they face barriers - such as cost, time and lack o…

Royal Bank of Canada : New RBC research reveals financial mismanagement, rising costs as key impacts of cognitive decline caregiving

With an estimated 5.8 million Americans living with Alzheimer's, dementia or other memory disorders, a figure that is expected to double by 2040 with the aging population, new research from RBC Wealth Management – U.S. and Aon uncovers just how financially devastating cognitive decline can be on bot…
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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 1896.

  • Who are Royal Bank Of Canada key executives?

    Royal Bank Of Canada's key executives are David McKay, Helena Gottschling and Graeme Hepworth.

  • How many employees does Royal Bank Of Canada have?

    Royal Bank Of Canada has 85,211 employees.

  • What is Royal Bank Of Canada revenue?

    Latest Royal Bank Of Canada annual revenue is C$57.8 b.

  • What is Royal Bank Of Canada revenue per employee?

    Latest Royal Bank Of Canada revenue per employee is C$678.7 k.

  • Who are Royal Bank Of Canada competitors?

    Competitors of Royal Bank Of Canada include Desjardins, Bank of Montreal and Canadian Imperial Bank of Commerce.

  • Where is Royal Bank Of Canada headquarters?

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

  • Where are Royal Bank Of Canada offices?

    Royal Bank Of Canada has offices in Toronto, Calgary, Montreal, Vancouver and in 51 other locations.

  • How many offices does Royal Bank Of Canada have?

    Royal Bank Of Canada has 63 offices.