Royal Bank Of Canada (RY) Operating Income (2009 - 2023)
Royal Bank Of Canada (RY) posted quarterly Operating Income of $3.3 billion for Q4 2023, down 15.28% year-over-year from $3.9 billion in Q4 2022, and up 16.44% quarter-over-quarter from $2.9 billion in Q3 2023.
Royal Bank Of Canada (RY) Operating Income (2009 - 2023) Analysis & Trends
Royal Bank Of Canada's Operating Income history runs 15 years deep, the most recent figure standing at $3.3 billion for Q4 2023.
- In Q4 2023, Operating Income fell 15.28% year-over-year to $3.3 billion; the TTM figure through Oct 2023 stood at $12.3 billion (down 21.59% YoY), while the FY2023 annual figure was $12.3 billion, down 22.97% from the prior year.
- Operating Income for Q4 2023 stood at $3.3 billion, up from $2.9 billion in the prior quarter.
- The five-year high for Operating Income was $4.3 billion in Q1 2022, with the low at $2.9 billion in Q3 2023.
- The 5-year median for Operating Income is $3.5 billion (2020), against an average of $3.5 billion.
- The sharpest annual moves came in 2021 and 2023: Operating Income surged 31.82% in 2021, then retreated 27.81% in 2023.
- Royal Bank Of Canada's Operating Income stood at $3.3 billion in 2019, then advanced by 4.08% to $3.5 billion in 2020, then advanced by 9.49% to $3.8 billion in 2021, then gained by 4.21% to $3.9 billion in 2022, then retreated by 15.28% to $3.3 billion in 2023.
- Business Quant data shows RY's Operating Income at $3.3 billion in Q4 2023, $2.9 billion in Q3 2023, and $3.0 billion in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 11.77 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | 9.36 Bn |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | - |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 5.11 Bn |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 10.53 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 671.88 Mn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | 3.34 Bn |
| Jul 31, 2023 | 2.87 Bn |
| Apr 30, 2023 | 2.99 Bn |
| Jan 31, 2023 | 3.13 Bn |
| Oct 31, 2022 | 3.95 Bn |
| Jul 31, 2022 | 3.81 Bn |
| Apr 30, 2022 | 3.64 Bn |
| Jan 31, 2022 | 4.34 Bn |
| Oct 31, 2021 | 3.79 Bn |
| Jul 31, 2021 | 4.10 Bn |
| Apr 30, 2021 | 4.04 Bn |
| Jan 31, 2021 | 3.88 Bn |
| Oct 31, 2020 | 3.46 Bn |
| Jul 31, 2020 | 3.48 Bn |
| Apr 30, 2020 | 3.07 Bn |
| Jan 31, 2020 | 3.68 Bn |
| Oct 31, 2019 | 3.32 Bn |
| Jul 31, 2019 | 3.39 Bn |
| Apr 30, 2019 | 3.32 Bn |
| Jan 31, 2019 | 3.35 Bn |