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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
Founded1864
HQToronto, CAMap
Websiterbc.com
View Jobs (1)

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2021)83,842
Job Openings1
Revenue (FY, 2020)C$61.2 B(-9%)
Share Price (Mar 2021)$86.8
Cybersecurity ratingCMore

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
Helena Gottschling

Helena Gottschling

Chief Human Resources Officer
Christoph Knoess

Christoph Knoess

Chief Administrative & Strategy Officer
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 51 other locations
Toronto, CA (HQ)
200 Bay St
Calgary, CA
888 3rd Street, South West 10th Floor, West Tower
Montreal, CA
300Montreal-1 Place Ville Marie
Toronto, CA
155 Wellington St W 17th Floor
Toronto, CA
88 Queens Quay W
Vancouver, CA
450 SW Marine Dr 16th Floor
Show all (63)

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$61.23 b in FY, 2020 which is a 9.4% decrease from the previous period.
CAD

Revenue (FY, 2020)

61.2b

Revenue growth (FY, 2019 - FY, 2020), %

(9.4%)

Gross profit (FY, 2020)

47.2b

Gross profit margin (FY, 2020), %

77.1%

Net income (FY, 2020)

11.4b

Market capitalization (2-Mar-2021)

123.2b

Closing stock price (2-Mar-2021)

86.8

Cash (31-Oct-2020)

118.9b

EV

14.2b
Royal Bank Of Canada's current market capitalization is $123.2 b.
Annual
CADFY, 2018FY, 2019FY, 2020

Revenue

57.4b67.6b61.2b

Revenue growth, %

14%18%(9%)

Cost of goods sold

14.8b21.6b14.0b

Gross profit

42.6b46.0b47.2b
Quarterly
CADQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

13.9b13.5b15.1b16.9b16.8b17.1b17.9b14.1b15.7b

Cost of goods sold

3.1b3.4b4.0b5.3b5.3b5.6b5.0b3.8b2.8b

Gross profit

10.8b10.1b11.0b11.6b11.5b11.5b12.8b10.3b12.9b

Gross profit Margin, %

78%74%73%69%68%67%72%73%82%
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Annual
CADFY, 2018FY, 2019FY, 2020

Cash

30.2b26.3b118.9b

Accounts Receivable

576.8b618.9b661.0b

PP&E

2.8b3.2b7.9b

Goodwill

11.1b11.2b11.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

34.5b32.8b32.0b40.0b33.0b26.9b34.1b98.8b119.2b

Accounts Receivable

538.0b551.4b563.1b589.8b602.4b612.4b629.9b673.4b655.9b

PP&E

2.6b2.7b2.8b2.9b3.0b3.1b8.3b8.4b8.2b

Goodwill

10.7b11.0b11.0b11.1b11.3b11.1b11.3b11.6b11.4b
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Annual
CADFY, 2018FY, 2019FY, 2020

Net Income

12.4b12.9b11.4b

Depreciation and Amortization

1.7b1.9b2.6b

Cash From Operating Activities

17.5b14.3b138.8b

Purchases of PP&E

(2.0b)(2.3b)(2.6b)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

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

Depreciation and Amortization

396.0m803.0m1.8b443.0m900.0m1.4b644.0m1.3b1.9b

Cash From Operating Activities

14.6b8.0b23.5b11.2b53.0m3.2b19.9b111.9b140.7b

Purchases of PP&E

(357.0m)(874.0m)(1.4b)(561.0m)(1.1b)(1.6b)(745.0m)(1.5b)(2.0b)
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CADQ1, 2018

Debt/Equity

0.1 x

Financial Leverage

17.4 x

P/E Ratio

42.1
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Royal Bank Of Canada Operating Metrics

Royal Bank Of Canada's Assets Under Management was reported to be C$843.6b in FY, 2020. Royal Bank Of Canada's Total Deposits was reported to be C$1t in FY, 2020. Royal Bank Of Canada's Total Loans was reported to be C$661b in FY, 2020.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Total Loans

C$542.62 bC$538.04 bC$551.39 bC$563.10 bC$576.82 bC$589.82 bC$602.39 bC$612.39 bC$618.86 bC$629.94 bC$673.45 bC$655.94 bC$660.99 b

Total Deposits

C$789.64 bC$800.02 bC$822.05 bC$832.26 bC$837.05 bC$852.56 bC$864.10 bC$881.21 bC$886.01 bC$902.28 bC$1.01 tC$1.02 tC$1.01 t

Assets Under Management

C$639.90 bC$656.70 bC$660.90 bC$686.60 bC$671 bC$688 bC$733.10 bC$744.80 bC$762.30 bC$799.90 bC$789 bC$841.20 bC$843.60 b

Assets Under Administration

C$5.47 tC$5.65 tC$5.67 tC$5.49 tC$5.53 tC$5.36 tC$5.66 tC$5.59 tC$5.68 tC$5.72 tC$5.38 tC$5.87 tC$5.89 t
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Royal Bank Of Canada Acquisitions / Subsidiaries

Company NameDateDeal Size
WayPayJuly 09, 2019
City National CorporationJanuary 22, 2015
BlueBay Asset ManagementOctober 18, 2010£963 m
Mourant Private WealthFebruary 27, 2009
BlueBay Asset Management (Services) Ltd
Capital Funding Alberta Limited
City Holding
Investment Holdings (Cayman) Limited
RBC Bank (Georgia), National Association
RBC (Barbados) Funding Ltd.
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Royal Bank Of Canada Revenue Breakdown

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Royal Bank Of Canada revenue breakdown by business segment: 25.7% from Wealth Management, 20.8% from Capital Markets, 11.3% from Insurance, 37.3% from Personal & Commercial Banking and 4.9% from Other

Royal Bank Of Canada revenue breakdown by geographic segment: 16.4% from Other International, 58.7% from Canada and 24.9% from United States

Human Capital Metrics

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

Cybersecurity ratingPremium dataset

C

78/100

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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

Royal Bank Of Canada's Trends

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Royal Bank Of Canada News and Updates

October 05, 2020

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 …
October 05, 2020

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.
October 05, 2020

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.
October 05, 2020

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…
October 05, 2020

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…
October 05, 2020

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 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 83,842 employees.

  • What is Royal Bank Of Canada revenue?

    Latest Royal Bank Of Canada annual revenue is C$61.2 b.

  • What is Royal Bank Of Canada revenue per employee?

    Latest Royal Bank Of Canada revenue per employee is C$730.3 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 (CIBC).

  • 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.