Royal Bank of Canada ROA 2024

Royal Bank of Canada ROA

0.01

Royal Bank of Canada Dividend yield

3.98 %

Ticker

RY.TO

ISIN

CA7800871021

WKN

852173

In 2024, Royal Bank of Canada's return on assets (ROA) was 0.01, a -10.06% increase from the 0.01 ROA in the previous year.

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.

ROA Details

Understanding Royal Bank of Canada's Return on Assets (ROA)

Royal Bank of Canada's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Royal Bank of Canada's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Royal Bank of Canada's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Royal Bank of Canada’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Royal Bank of Canada Stock

What is the Return on Assets (ROA) of Royal Bank of Canada this year?

The Return on Assets (ROA) of Royal Bank of Canada is 0.01 undefined this year.

What was the ROA of Royal Bank of Canada compared to the previous year?

The ROA of Royal Bank of Canada has increased by -10.06% compared to the previous year.

What consequences do high ROA have for investors of Royal Bank of Canada?

A high ROA is advantageous for investors of Royal Bank of Canada, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Royal Bank of Canada?

A low ROA can be unfavorable for investors of Royal Bank of Canada as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Royal Bank of Canada affect the company?

An increase in ROA of Royal Bank of Canada can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Royal Bank of Canada impact the company?

A reduction in the ROA of Royal Bank of Canada can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Royal Bank of Canada?

Some factors that can influence the ROA of Royal Bank of Canada include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Royal Bank of Canada important for investors?

The ROA of Royal Bank of Canada is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Royal Bank of Canada take to improve ROA?

To improve ROA, Royal Bank of Canada can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 3.98 %. 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 3.98 %.

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, March, 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 4.3 %.

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.