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Royal Bank of Canada (T:RY)

Business Focus: Banks (NEC)

This company is also listed in the United States as RY on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Financials Industry:  Banks
 
Company Contact
Address: Royal Bank Plaza, 200 Bay Street
TORONTO ON M5J2J5
Tel: N/A
Website: https://www.rbcroyalbank.com
IR: See website
Key People
Greg Carmichael
Executive Chairman of the Board
Neil Mclaughlin
Group Head - Personal, Commercial Banking and RBC Ventures
David I. Mckay
President, Chief Executive Officer, Director
Nadine Ahn
Chief Financial Officer
Derek Neldner
Group Head and Chief Executive Officer - RBC Capital Markets
Kelly Pereira
Chief Human Resource Officer
Christoph Knoess
Chief Administrative and Strategy Officer
Graeme Hepworth
Chief Risk Officer
Maria E. Douvas
Chief Legal Officer
Douglas Antony Guzman
Group Head - Wealth Management, Insurance, Investor and Treasury Services
   
Business Overview
Royal Bank of Canada is a Canada-based diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. Its segments include Personal & Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support. Personal & Commercial Banking segment provides a range of financial products and services to individuals and businesses for their day-to-day banking, investing and financing needs through two businesses: Canadian Banking, and Caribbean and United States Banking. Wealth Management segment offers a comprehensive suite of investment, trust, banking, credit and other advice-based solutions. Its Insurance segment offers a range of advice and solutions for individual and business clients including life, health, wealth, home, auto, travel, annuities and reinsurance.
Financial Overview
For the nine months ended 31 July 2023, Royal Bank of Canada interest income increased from C$25.87B to C$62.49. Net interest income after loan loss provision increased 3% to C$16.84B. Net income applicable to common stockholders decreased 10% to C$10.56B. Net interest income after loan loss provision reflects Personal & Commercial Banking segment increase of 8% to C$10.76B, Wealth Management segment increase of 25% to C$3.13B.
Employees: 93,753 as of Jul 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $425,168M as of Jul 31, 2023
Annual revenue (TTM): $77,387M as of Jul 31, 2023
EBITDA (TTM): $43,152M as of Jul 31, 2023
Net annual income (TTM): $14,370M as of Jul 31, 2023
Free cash flow (TTM): $27,951M as of Jul 31, 2023
Net Debt Last Fiscal Year: $301,962M as of Jul 31, 2023
Shares outstanding: 1,396,227,799 as of Aug 23, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization