Royal Bank Of Canada RY
NYSE RY
$205.96 -0.85 (-0.41%)
As of: Sep 10, 2026 · 3:59 PM EDT

Royal Bank Of Canada (RY) Gross Profit (2010 - 2023)

Royal Bank Of Canada (RY) posted Gross Profit of $9.5 billion for Q4 2023, up 9.78% on a QoQ basis from $8.7 billion in Q3 2023, and up 1.75% year-over-year from $9.4 billion in Q4 2022.

Analysis

Royal Bank Of Canada (RY) Gross Profit (2010 - 2023) Analysis & Trends

Royal Bank Of Canada has reported Gross Profit for 13 years, with the latest figure at $9.5 billion in Q4 2023.

  • On a quarterly basis, Gross Profit rose 1.75% year-over-year to $9.5 billion in Q4 2023; TTM through Oct 2023 was $35.4 billion, a 2.64% decrease from a year earlier, with the FY2023 full-year figure at $35.2 billion, down 4.12% from the prior year.
  • Gross Profit was $9.5 billion for Q4 2023 at Royal Bank Of Canada, up from $8.7 billion in the prior quarter.
  • The five-year high for Gross Profit was $9.5 billion in Q4 2023, with the low at $7.4 billion in Q2 2020.
  • Average Gross Profit over 5 years is $8.6 billion, with a median of $8.7 billion recorded in 2023.
  • The sharpest annual moves came in 2021 and 2023: Gross Profit gained 23.25% in 2021, then declined 8.16% in 2023.
  • Over 5 years, Gross Profit stood at $8.1 billion in 2019, then decreased by 0.72% to $8.0 billion in 2020, then rose by 12.22% to $9.0 billion in 2021, then grew by 3.89% to $9.4 billion in 2022, then advanced by 1.75% to $9.5 billion in 2023.
  • The last three Gross Profit figures came in at $9.5 billion (Q4 2023), $8.7 billion (Q3 2023), and $8.5 billion (Q2 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn
2 Morgan Stanley 330.57 Bn 170.43 Bn -
3 Goldman Sachs 305.73 Bn -670.62 Bn -
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn
5 Royal Bank Of Canada 290.20 Bn 63.31 Bn -
6 Wells Fargo & Company 272.00 Bn 68.03 Bn -
7 American Express 217.39 Bn 168.07 Bn 17.99 Bn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn
9 Toronto Dominion Bank 207.43 Bn 46.10 Bn -
10 Schwab Charles 186.08 Bn 112.49 Bn -
Historic Data

Historic Data

Download Data
DateValue
Oct 31, 2023 9.54 Bn
Jul 31, 2023 8.69 Bn
Apr 30, 2023 8.45 Bn
Jan 31, 2023 8.76 Bn
Oct 31, 2022 9.37 Bn
Jul 31, 2022 8.77 Bn
Apr 30, 2022 8.72 Bn
Jan 31, 2022 9.54 Bn
Oct 31, 2021 9.02 Bn
Jul 31, 2021 9.32 Bn
Apr 30, 2021 9.11 Bn
Jan 31, 2021 8.97 Bn
Oct 31, 2020 8.04 Bn
Jul 31, 2020 8.14 Bn
Apr 30, 2020 7.39 Bn
Jan 31, 2020 8.53 Bn
Oct 31, 2019 8.10 Bn
Jul 31, 2019 7.90 Bn
Apr 30, 2019 7.77 Bn
Jan 31, 2019 7.79 Bn