RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Royal Bank of Canada Net Income 2024

Royal Bank of Canada Net Income

16.41 B CAD

Royal Bank of Canada Dividend yield

4.01 %

Ticker

RY.TO

ISIN

CA7800871021

WKN

852173

In 2024, Royal Bank of Canada's profit amounted to 16.41 B CAD, a 12.21% increase from the 14.62 B CAD profit recorded in the previous year.

The Royal Bank of Canada Net Income history

YEARNET INCOME (undefined CAD)
2026e18.7
2025e17.54
2024e16.41
202314.62
202215.55
202115.78
202011.16
201912.59
201812.12
201711.13
201610.11
20159.73
20148.7
20137.99
20127.15
20116.09
20104.97
20093.63
20084.45
20075.4
20064.67
20053.35
20042.77

Royal Bank of Canada Aktienanalyse

What does Royal Bank of Canada do?

The Royal Bank of Canada, also known as RBC, was founded in 1864 in Halifax, Nova Scotia, making it the oldest bank in Canada. Since its establishment, the bank has grown to become one of the largest and most successful financial institutions in Canada and is now one of the world's leading banks. The RBC's business model is diverse and includes various areas such as personal and business banking, investment banking, asset management, and insurance. The bank operates in North America, Europe, and Asia and has over 16 million customers in more than 40 countries. In the personal banking sector, RBC offers numerous financial products and services including checking accounts, credit cards, mortgages, savings and investment accounts, and insurance. The bank also has a variety of specialized programs and offerings for students, seniors, young adults, and immigrants. In the business banking sector, RBC provides a wide range of financing solutions including loans, trade finance, leasing, cash management, and risk management. The bank also offers specialized advisory services for various industries such as healthcare, retail, construction, energy, and mining. In investment banking, RBC is involved in capital markets, mergers & acquisitions, corporate finance, and portfolio management. The bank has a strong presence in the North American and European capital markets and is known for its ability to successfully complete complex transactions. RBC also operates in the asset management sector, offering a wide range of investment products and services including stocks, bonds, investment funds, ETFs, and alternative investments. The bank has a strong presence in Canada, the US, and Europe, serving investors worldwide. Furthermore, RBC is one of the largest insurers in Canada, offering a wide range of insurance products for personal and business customers. The bank also has a strong presence in pension insurance, managing pensions for companies and other organizations. In recent years, RBC has expanded its presence in Asia and is now operating in major financial centers such as Hong Kong, Singapore, and Shanghai. The bank has also formed partnerships with leading financial institutions in China and India and is well-positioned to benefit from the growing demand for financial services in Asia. Overall, the Royal Bank of Canada is a leading financial institution that offers a wide range of products and services for personal and business customers. With a strong presence in North America, Europe, and Asia and a proud history of over 150 years, RBC is well-positioned to continue its success in the future. Royal Bank of Canada ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Royal Bank of Canada's Profit Margins

The profit margins of Royal Bank of Canada represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Royal Bank of Canada's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Royal Bank of Canada's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Royal Bank of Canada's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Royal Bank of Canada’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Royal Bank of Canada Stock

How much profit has Royal Bank of Canada made this year?

Royal Bank of Canada has made 16.41 B CAD this year.

How has the profit developed compared to last year?

The profit has increased by 12.21% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Royal Bank of Canada publish its earnings?

Royal Bank of Canada publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Royal Bank of Canada?

The profits of Royal Bank of Canada are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Royal Bank of Canada?

You can learn more about the earnings of Royal Bank of Canada by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Royal Bank of Canada pay?

Over the past 12 months, Royal Bank of Canada paid a dividend of 5.34 CAD . This corresponds to a dividend yield of about 4.01 %. For the coming 12 months, Royal Bank of Canada is expected to pay a dividend of 5.76 CAD.

What is the dividend yield of Royal Bank of Canada?

The current dividend yield of Royal Bank of Canada is 4.01 %.

When does Royal Bank of Canada pay dividends?

Royal Bank of Canada pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Royal Bank of Canada?

Royal Bank of Canada paid dividends every year for the past 23 years.

What is the dividend of Royal Bank of Canada?

For the upcoming 12 months, dividends amounting to 5.76 CAD are expected. This corresponds to a dividend yield of 4.32 %.

In which sector is Royal Bank of Canada located?

Royal Bank of Canada is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Royal Bank of Canada kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Royal Bank of Canada from 5/24/2024 amounting to 1.38 CAD, you needed to have the stock in your portfolio before the ex-date on 4/24/2024.

When did Royal Bank of Canada pay the last dividend?

The last dividend was paid out on 5/24/2024.

What was the dividend of Royal Bank of Canada in the year 2023?

In the year 2023, Royal Bank of Canada distributed 4.96 CAD as dividends.

In which currency does Royal Bank of Canada pay out the dividend?

The dividends of Royal Bank of Canada are distributed in CAD.

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Andere Kennzahlen von Royal Bank of Canada

Our stock analysis for Royal Bank of Canada Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Royal Bank of Canada Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.