Royal Bank Of Canada RY
NYSE RY
$205.10 -0.11 (-0.05%)
As of: Aug 21, 2026 · 3:59 PM EDT

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

Royal Bank Of Canada (RY) posted quarterly Gross Profit of $9.3 billion for Q4 2023, down 0.93% year-over-year from $9.4 billion in Q4 2022, and up 6.88% quarter-over-quarter from $8.7 billion in Q3 2023.

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

Royal Bank Of Canada's Gross Profit history runs 15 years deep, the most recent figure standing at $9.3 billion for Q4 2023.

  • In Q4 2023, Gross Profit fell 0.93% year-over-year to $9.3 billion; the TTM figure through Oct 2023 stood at $35.2 billion (down 3.33% YoY), while the FY2023 annual figure was $35.2 billion, down 4.12% from the prior year.
  • Gross Profit for Q4 2023 stood at $9.3 billion, up from $8.7 billion in the prior quarter.
  • The five-year high for Gross Profit was $9.5 billion in Q1 2022, with the low at $7.4 billion in Q2 2020.
  • The 5-year median for Gross Profit is $8.7 billion (2023), against an average of $8.6 billion.
  • The sharpest annual moves came in 2021 and 2023: Gross Profit increased 23.25% in 2021, then slipped 8.16% in 2023.
  • Royal Bank Of Canada's Gross Profit stood at $8.1 billion in 2019, then fell by 0.72% to $8.0 billion in 2020, then grew by 12.22% to $9.0 billion in 2021, then advanced by 3.89% to $9.4 billion in 2022, then dropped by 0.93% to $9.3 billion in 2023.
  • Business Quant data shows RY's Gross Profit at $9.3 billion in Q4 2023, $8.7 billion in Q3 2023, and $8.5 billion in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of America 441.62 Bn -146.87 Bn 30.39 Bn
2 Hsbc Holdings 357.01 Bn 357.01 Bn -
3 Royal Bank Of Canada 286.58 Bn 87.66 Bn -
4 Wells Fargo & Company 254.86 Bn 50.89 Bn -
5 Mitsubishi Ufj Financial 251.70 Bn -141.92 Bn 10.89 Bn
6 Citigroup 223.37 Bn -2,078.94 Bn 24.75 Bn
7 Banco Santander 209.76 Bn 30.11 Bn -
8 Toronto Dominion Bank 194.48 Bn 19.99 Bn -
9 UBS Group AG 167.76 Bn -47.95 Bn -
10 Bank of New York Mellon 108.83 Bn 47.61 Bn -

Historic Data

Download Data
DateValue
Oct 31, 2023 9.29 Bn
Oct 31, 2023 9.29 Bn
Jul 31, 2023 8.69 Bn
Jul 31, 2023 8.69 Bn
Apr 30, 2023 8.45 Bn
Apr 30, 2023 8.45 Bn
Jan 31, 2023 8.76 Bn
Jan 31, 2023 8.76 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
Apr 30, 2022 8.72 Bn
Apr 30, 2022 8.72 Bn
Jan 31, 2022 9.54 Bn
Jan 31, 2022 9.54 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