Royal Bank Of Canada RY
NYSE RY
$205.26 -2.38 (-1.15%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
DateValue
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