Royal Bank of Canada (RY) Revenue & Revenue Breakdown
Royal Bank of Canada Revenue Highlights
Latest Revenue (Y)
$56.26B
Latest Revenue (Q)
$32.98B
Main Geography (Y)
CANADA
Royal Bank of Canada Revenue by Period
Royal Bank of Canada Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-10-31 | $56.26B | 15.34% |
| 2022-10-31 | $48.77B | -1.54% |
| 2021-10-31 | $49.54B | 5.17% |
| 2020-10-31 | $47.10B | 2.56% |
| 2019-10-31 | $45.93B | 7.92% |
| 2018-10-31 | $42.55B | 6.06% |
| 2017-10-31 | $40.12B | 6.50% |
| 2016-10-31 | $37.67B | 7.11% |
| 2015-10-31 | $35.17B | 3.61% |
| 2014-10-31 | $33.95B | 10.00% |
| 2013-10-31 | $30.86B | 3.74% |
| 2012-10-31 | $29.75B | 8.45% |
| 2011-10-31 | $27.43B | -3.18% |
| 2010-10-31 | $28.33B | -2.67% |
| 2009-10-31 | $29.11B | 34.86% |
| 2008-10-31 | $21.58B | -3.92% |
| 2007-10-31 | $22.46B | 8.84% |
| 2006-10-31 | $20.64B | 7.40% |
| 2005-10-31 | $19.22B | 6.04% |
| 2004-10-31 | $18.12B | 4.04% |
| 2003-10-31 | $17.42B | 10.80% |
| 2002-10-31 | $15.72B | 6.71% |
| 2001-10-31 | $14.73B | 23.18% |
| 2000-10-31 | $11.96B | 12.73% |
| 1999-10-31 | $10.61B | 5.56% |
| 1998-10-31 | $10.05B | 8.30% |
| 1997-10-31 | $9.28B | 17.29% |
| 1996-10-31 | $7.91B | 9.01% |
| 1995-10-31 | $7.26B | -1.47% |
| 1994-10-31 | $7.37B | 13.48% |
| 1993-10-31 | $6.49B | - |
Royal Bank of Canada generated $56.26B in revenue during NA 2023, up 15.34% compared to the previous quarter, and up 132.20% compared to the same period a year ago.
Royal Bank of Canada Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-04-30 | $32.98B | 1.51% |
| 2024-01-31 | $32.49B | 145.21% |
| 2023-10-31 | $13.25B | -8.21% |
| 2023-07-31 | $14.43B | 6.86% |
| 2023-04-30 | $13.51B | -10.34% |
| 2023-01-31 | $15.06B | 20.11% |
| 2022-10-31 | $12.54B | 1375.65% |
| 2022-07-31 | $850.00M | -92.35% |
| 2022-04-30 | $11.11B | -14.80% |
| 2022-01-31 | $13.04B | 5.63% |
| 2021-10-31 | $12.34B | -2.89% |
| 2021-07-31 | $12.71B | 9.86% |
| 2021-04-30 | $11.57B | -10.45% |
| 2021-01-31 | $12.92B | 16.67% |
| 2020-10-31 | $11.07B | -14.17% |
| 2020-07-31 | $12.90B | 25.02% |
| 2020-04-30 | $10.32B | -19.48% |
| 2020-01-31 | $12.81B | 14.48% |
| 2019-10-31 | $11.19B | -2.86% |
| 2019-07-31 | $11.52B | 0.33% |
| 2019-04-30 | $11.48B | -0.77% |
| 2019-01-31 | $11.57B | 8.56% |
| 2018-10-31 | $10.66B | -3.18% |
| 2018-07-31 | $11.01B | 9.67% |
| 2018-04-30 | $10.04B | -7.06% |
| 2018-01-31 | $10.80B | 2.76% |
| 2017-10-31 | $10.51B | 7.93% |
| 2017-07-31 | $9.74B | -5.14% |
| 2017-04-30 | $10.27B | 13.14% |
| 2017-01-31 | $9.08B | 1.58% |
| 2016-10-31 | $8.94B | -10.00% |
| 2016-07-31 | $9.93B | 4.67% |
| 2016-04-30 | $9.48B | 1.86% |
| 2016-01-31 | $9.31B | 21.82% |
| 2015-10-31 | $7.64B | -6.09% |
| 2015-07-31 | $8.14B | -1.89% |
| 2015-04-30 | $8.30B | 3.24% |
| 2015-01-31 | $8.04B | 5.81% |
| 2014-10-31 | $7.60B | -4.20% |
| 2014-07-31 | $7.93B | 7.06% |
| 2014-04-30 | $7.41B | -0.38% |
| 2014-01-31 | $7.43B | 6.06% |
| 2013-10-31 | $7.01B | 0.76% |
| 2013-07-31 | $6.96B | 1.86% |
| 2013-04-30 | $6.83B | -5.14% |
| 2013-01-31 | $7.20B | 84.64% |
| 2012-10-31 | $3.90B | -49.67% |
| 2012-07-31 | $7.75B | 11.98% |
| 2012-04-30 | $6.92B | -8.66% |
| 2012-01-31 | $7.57B | 142.83% |
| 2011-10-31 | $3.12B | -54.06% |
| 2011-07-31 | $6.79B | -4.80% |
| 2011-04-30 | $7.13B | -3.48% |
| 2011-01-31 | $7.39B | 252.87% |
| 2010-10-31 | $2.09B | -69.33% |
| 2010-07-31 | $6.83B | -2.01% |
| 2010-04-30 | $6.97B | -5.00% |
| 2010-01-31 | $7.33B | 146.77% |
| 2009-10-31 | $2.97B | -62.01% |
| 2009-07-31 | $7.82B | 15.71% |
| 2009-04-30 | $6.76B | -2.59% |
| 2009-01-31 | $6.94B | 101.87% |
| 2008-10-31 | $3.44B | -41.84% |
| 2008-07-31 | $5.91B | 19.32% |
| 2008-04-30 | $4.95B | -12.25% |
| 2008-01-31 | $5.65B | - |
Royal Bank of Canada generated $32.98B in revenue during Q2 2024, up 1.51% compared to the previous quarter, and up 218.92% compared to the same period a year ago.
Royal Bank of Canada Revenue Breakdown
Royal Bank of Canada Revenue Breakdown by Country
Annual Revenue by Country
| Country | Oct 22 | Oct 21 | Oct 20 | Oct 19 | Oct 18 |
|---|---|---|---|---|---|
| UNITED STATES | $11.79B | $12.53B | $11.73B | $10.47B | $9.70B |
| CANADA | $29.27B | $29.40B | $27.70B | $28.41B | $25.77B |
Royal Bank of Canada's latest annual revenue breakdown by geography, as of Oct 22: CANADA (71.29%), and UNITED STATES (28.71%).
Royal Bank of Canada Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| JPM | JPMorgan Chase | $154.95B | $50.20B |
| BAC | Bank of America | $94.19B | $48.53B |
| WFC | Wells Fargo & Company | $82.60B | $20.69B |
| RY | Royal Bank of Canada | $56.26B | $32.98B |
| TD | Toronto-Dominion Bank | $52.93B | $29.35B |
| BMO | Bank of Montreal | $33.05B | $19.49B |
| BNS | Bank of Nova Scotia | $31.79B | $18.56B |
| C | Citigroup | $23.56B | $20.14B |
| CM | Canadian Imperial Bank of Commerce | $23.29B | $15.53B |
RY Revenue FAQ
What is Royal Bank of Canada’s yearly revenue?
Royal Bank of Canada's yearly revenue for 2023 was $56.26B, representing an increase of 15.34% compared to 2022. The company's yearly revenue for 2022 was $48.78B, representing a decrease of -1.54% compared to 2021. RY's yearly revenue for 2021 was $49.54B, representing an increase of 5.17% compared to 2020.
What is Royal Bank of Canada’s quarterly revenue?
Royal Bank of Canada's quarterly revenue for Q2 2024 was $32.98B, a 1.51% increase from the previous quarter (Q1 2024), and a 144.15% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $32.49B, a 145.21% increase from the previous quarter (Q4 2023), and a 115.65% increase year-over-year (Q1 2023). RY's quarterly revenue for Q4 2023 was $13.25B, a -8.21% decrease from the previous quarter (Q3 2023), and a 5.63% increase year-over-year (Q4 2022).
What is Royal Bank of Canada’s revenue growth rate?
Royal Bank of Canada's revenue growth rate for the last 3 years (2021-2023) was 13.56%, and for the last 5 years (2019-2023) was 22.49%.