Royal Bank Of Canada (RY) Net Margin (2009 - 2026)

Royal Bank Of Canada (RY) posted quarterly Net Margin of 32.2% for Q1 2026, up 156.0% year-over-year from 12.58% in Q1 2025, and up 2.39% on a QoQ basis from 31.45% in Q4 2025.

Royal Bank Of Canada (RY) Net Margin (2009 - 2026) Analysis & Trends

Royal Bank Of Canada (RY) has reported Net Margin for 18 consecutive years, with 32.2% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Margin rose 156.0% year-over-year to 32.2%; the TTM figure through Jan 2026 stood at 30.97% (up 121.0% YoY), while the FY2025 annual figure was 30.58%, up 77.0% from the prior year.
  • Net Margin came in at 32.2% for Q1 2026 at Royal Bank Of Canada, up from 31.45% in the prior quarter.
  • The five-year high for Net Margin was 37.88% in Q2 2022, with the low at 20.74% in Q1 2023.
  • Average Net Margin over 5 years is 29.61%, with a median of 29.71% recorded in 2023.
  • Across the five-year window, Net Margin sank 1067 bps in 2023 and soared 580 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 30.72% in 2022, then fell by 3 bps to 29.71% in 2023, then fell by 3 bps to 28.82% in 2024, then advanced by 9 bps to 31.45% in 2025, then increased by 2 bps to 32.2% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 32.2%, 31.45%, and 31.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - 37.25%
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 26.94%
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 23.31%
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn -0.01%
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 28.87%
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 32.40%
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 0.00%
10 Royal Bank Of Canada - - - 32.20%

Historic Data

Download Data
DateValue
Jan 31, 2026 32.20%
Oct 31, 2025 31.45%
Jul 31, 2025 31.85%
Apr 30, 2025 27.99%
Jan 31, 2025 30.64%
Oct 31, 2024 28.82%
Jul 31, 2024 31.56%
Apr 30, 2024 27.89%
Jan 31, 2024 26.55%
Oct 31, 2023 29.71%
Jul 31, 2023 27.31%
Apr 30, 2023 27.21%
Jan 31, 2023 20.74%
Oct 31, 2022 30.72%
Jul 31, 2022 29.47%
Apr 30, 2022 37.88%
Jan 31, 2022 31.33%
Oct 31, 2021 31.41%
Jul 31, 2021 33.65%
Apr 30, 2021 34.55%