Royal Bank of Canada Competitors and Similar CompaniesClear all
Royal Bank of Canada's competitors and similar companies include Desjardins, BMO, CIBC, Scotiabank and Toronto-Dominion Bank.
 Desjardins Desjardins is a cooperative financial group that operates through business segments such as personal and business banking, property and casualty insurance, wealth management, and life and health insurance. |  BMO BMO (Bank of Montreal, formerly known as BMO Financial Group) is a company that provides investment banking solutions. |  CIBC Canadian Imperial Bank of Commerce (CIBC) is a financial institution that provides its clients with banking services. |  Scotiabank Scotiabank (also known as the Bank of Nova Scotia or La Banque de Nouvelle-Ecosse) is a banking and financial services provider. |  Toronto-Dominion Bank The Toronto-Dominion Bank (TD) operating as TD Bank Group is a multinational banking and financial services corporation. | ||
Founding Date | Founding Date 1869 | Founding Date 1900 | Founding Date 1817 | Founding Date 1961 | Founding Date 1832 | Founding Date 1955 |
Type | Type Public | Type Subsidiary | Type Public | Type Public | Type Public | Type Public |
Tags | ||||||
Locations | Locations Toronto, CA HQ Melbourne, AU Sydney, AU New Providence, BS Holetown, BB Bedford, CA Calgary, CA see more | Locations Toronto, CA HQ Melbourne, AU Calgary, CA Charlottetown, CA Edmonton, CA Halifax, CA Moncton, CA see more | Locations Toronto, CA HQ | Locations Halifax, CA HQ Sydney, AU Nassau, BS Bridgetown, BB São Paulo, BR Calgary, CA Montréal, CA see more | Locations Toronto, CA HQ | |
Employees | Employees 94,624 | Employees 56,165 | Employees 53,597 | Employees 48,698 | Employees 88,722 | Employees 101,7597% decrease |
Valuation ($) | Valuation ($) 163.4 b | Valuation ($) N/A | Valuation ($) 68.2 b | Valuation ($) 59.8 b | Valuation ($) 64.7 b | Valuation ($) 98.2 b |
Financial | ||||||
Revenue (est.) | Revenue (est.) $118b (FY, 2023) | Revenue (est.) $18.3b (FY, 2020) | Revenue (est.) $68.1b (FY, 2023) | Revenue (est.) $55.5b (FY, 2023) | Revenue (est.) $33.7b (FY, 2024) | Revenue (est.) $101.2b (FY, 2023) |
Cost of goods | Cost of goods $61.9b (FY, 2023) | Cost of goods $978m (FY, 2020) | Cost of goods $36.9b (FY, 2023) | Cost of goods $32.2b (FY, 2023) | Cost of goods N/A | Cost of goods $50.7b (FY, 2023) |
Gross profit | Gross profit $56.1b (FY, 2023) | Gross profit $17.4b (FY, 2020) | Gross profit $31.2b (FY, 2023) | Gross profit $23.3b (FY, 2023) | Gross profit N/A | Gross profit $50.5b (FY, 2023) |
Net income | Net income $14.9b (FY, 2023) | Net income $929m (FY, 2020) | Net income $4.4b (FY, 2023) | Net income $5b (FY, 2023) | Net income $7.9b (FY, 2024) | Net income $10.8b (FY, 2023) |
Operating ⚠ | ||||||
ATMs | ATMs 4.4 k (Q3, 2023) | ATMs N/A | ATMs 5.8 k (FY, 2023) | ATMs N/A | ATMs N/A | ATMs 3.4 k (FY, 2023) |
Assets Under Administration | Assets Under Administration $4.4t (Q3, 2023) | Assets Under Administration $458.2b (FY, 2020) | Assets Under Administration N/A | Assets Under Administration $2.9t (FY, 2023) | Assets Under Administration $738.9b (Q2, 2024) | Assets Under Administration N/A |
Assets Under Management | Assets Under Management $1.1t (Q3, 2023) | Assets Under Management $89.1b (FY, 2020) | Assets Under Management N/A | Assets Under Management $300.2b (FY, 2023) | Assets Under Management $348.6b (Q2, 2024) | Assets Under Management N/A |
Bank Branches | Bank Branches 1.3 k (Q3, 2023) | Bank Branches N/A | Bank Branches 1.9 k (FY, 2023) | Bank Branches N/A | Bank Branches 2.4 k (Q4, 2022) | Bank Branches 1.1 k (FY, 2023) |
Customers | Customers 17 m (Q3, 2023) | Customers N/A | Customers 13 m (FY, 2023) | Customers N/A | Customers N/A | Customers 28 m (FY, 2023) |
Total Deposits | Total Deposits $1.2t (Q3, 2023) | Total Deposits $72.4b (FY, 2020) | Total Deposits $914.1b (Q1, 2024) | Total Deposits $723.4b (FY, 2023) | Total Deposits $942b (Q2, 2024) | Total Deposits $1.2t (FY, 2023) |
Total Loans | Total Loans $835.7b (Q3, 2023) | Total Loans $55.7b (FY, 2020) | Total Loans $645.8b (Q1, 2024) | Total Loans $540.2b (FY, 2023) | Total Loans $760b (Q2, 2024) | Total Loans $895.9b (FY, 2023) |
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View Company Profiles
Desjardins
HQ
Lévis, CA
Desjardins is a cooperative financial group that operates through business segments such as personal and business banking, property and casualty insurance, wealth management, and life and health insurance.
View companyBMO
HQ
Toronto, CA
Employees
53,597
BMO (Bank of Montreal, formerly known as BMO Financial Group) is a company that provides investment banking solutions.
View companyCIBC
HQ
Toronto, CA
Employees
48,698
Canadian Imperial Bank of Commerce (CIBC) is a financial institution that provides its clients with banking services.
View companyScotiabank
HQ
Halifax, CA
Employees
88,722
Scotiabank (also known as the Bank of Nova Scotia or La Banque de Nouvelle-Ecosse) is a banking and financial services provider.
View company