Royal Bank Of Canada (RY) Gross Profit (2009 - 2023)

Royal Bank Of Canada (RY) posted quarterly Gross Profit of $9.5 billion for Q4 2023, up 1.75% year-over-year from $9.4 billion in Q4 2022, and down 2.88% on a QoQ basis from $9.8 billion in Q3 2023.

Royal Bank Of Canada (RY) Gross Profit (2009 - 2023) Analysis & Trends

Royal Bank Of Canada (RY) has reported Gross Profit for 15 consecutive years, with $9.5 billion the latest figure, recorded in Q4 2023.

  • In Q4 2023, Gross Profit rose 1.75% year-over-year to $9.5 billion; the TTM figure through Oct 2023 stood at $38.7 billion (up 5.93% YoY), while the FY2023 annual figure was $35.2 billion, down 4.12% from the prior year.
  • Gross Profit came in at $9.5 billion for Q4 2023 at Royal Bank Of Canada, down from $9.8 billion in the prior quarter.
  • The five-year high for Gross Profit was $10.0 billion in Q1 2023, with the low at $8.0 billion in Q4 2020.
  • Average Gross Profit over 5 years is $9.0 billion, with a median of $9.1 billion recorded in 2021.
  • Across the five-year window, Gross Profit grew 14.47% in 2021 and declined 5.9% in 2022, its largest moves.
  • Year by year, Gross Profit stood at $8.1 billion in 2019, then dropped by 0.72% to $8.0 billion in 2020, then advanced by 12.22% to $9.0 billion in 2021, then rose by 3.89% to $9.4 billion in 2022, then grew by 1.75% to $9.5 billion in 2023.
  • According to Business Quant data, Gross Profit over the past three periods registered $9.5 billion, $9.8 billion, and $9.2 billion for Q4 2023, Q3 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn -
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn -
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn -
7 Jpmorgan Chase 93.06 Bn 120.14 Bn -
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn -
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn
10 Royal Bank Of Canada - - -

Historic Data

Download Data
DateValue
Oct 31, 2023 9.54 Bn
Oct 31, 2023 9.54 Bn
Jul 31, 2023 9.82 Bn
Jul 31, 2023 9.82 Bn
Apr 30, 2023 9.25 Bn
Apr 30, 2023 9.25 Bn
Jan 31, 2023 10.05 Bn
Jan 31, 2023 10.05 Bn
Oct 31, 2022 9.37 Bn
Oct 31, 2022 9.37 Bn
Jul 31, 2022 8.77 Bn
Jul 31, 2022 8.77 Bn
Oct 31, 2021 9.02 Bn
Oct 31, 2021 9.02 Bn
Jul 31, 2021 9.32 Bn
Jul 31, 2021 9.32 Bn
Apr 30, 2021 9.11 Bn
Apr 30, 2021 9.11 Bn
Jan 31, 2021 8.97 Bn
Jan 31, 2021 8.97 Bn