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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
David I. Mckay
President, Chief Executive Officer, Director
Bruce Ross
Group Head - Technology and Operations
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
Neil Mclaughlin
Group Head - Personal, Commercial Banking and RBC Ventures
   
Business Overview
Royal Bank of Canada and its subsidiaries (the Bank) is a diversified financial services company. Its segments include Personal & Commercial Banking, Wealth Management, Insurance, and Capital Markets. Personal & Commercial Banking segment provides a suite of financial products and services to individual and business clients for their day-to-day banking, investing and financing needs through two businesses: Canadian Banking and Caribbean and United States Banking. Wealth Management segment provides a suite of advice-based solutions and strategies as well as personalized banking relationships. Insurance segment provides a range of advice and solutions for individual and business clients including life, health, wealth, property and casualty, travel, group benefits, annuities, and reinsurance. Capital Markets segment provides services in advisory and origination, lending and financing and transaction banking to corporations, institutional clients, asset managers, and private equity firms.
Financial Overview
For the three months ended 31 January 2024, Royal Bank of Canada interest income increased 32% to C$25.61B. Net interest income after loan loss provision decreased 3% to C$5.52B. Net income applicable to common stockholders increased 14% to C$3.52B. Net interest income after loan loss provision reflects Capital Markets segment decrease of 30% to C$494M, Personal & Commercial Banking segment decrease of 1% to C$3.58B, Net Interest Margin.
Employees: 90,166 as of Jan 31, 2024
Reporting Currency: Canadian Dollars
Enterprise value: $517,536M as of Jan 31, 2024
Annual revenue (TTM): $93,263M as of Jan 31, 2024
EBITDA (TTM): $48,006M as of Jan 31, 2024
Net annual income (TTM): $14,977M as of Jan 31, 2024
Free cash flow (TTM): -$885.00M as of Jan 31, 2024
Net Debt Last Fiscal Year: $306,680M as of Jan 31, 2024
Shares outstanding: 1,408,908,231 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization