Royal Bank Of Canada (RY) Operating Income (2009 - 2023)
Royal Bank Of Canada (RY) posted quarterly Operating Income of $3.6 billion for Q4 2023, down 8.9% year-over-year from $3.9 billion in Q4 2022, and down 10.22% on a QoQ basis from $4.0 billion in Q3 2023.
Royal Bank Of Canada (RY) Operating Income (2009 - 2023) Analysis & Trends
Royal Bank Of Canada (RY) has reported Operating Income for 15 consecutive years, with $3.6 billion the latest figure, recorded in Q4 2023.
- In Q4 2023, Operating Income fell 8.9% year-over-year to $3.6 billion; the TTM figure through Oct 2023 stood at $15.8 billion (up 1.03% YoY), while the FY2023 annual figure was $12.3 billion, down 22.97% from the prior year.
- Operating Income came in at $3.6 billion for Q4 2023 at Royal Bank Of Canada, down from $4.0 billion in the prior quarter.
- The five-year high for Operating Income was $4.4 billion in Q1 2023, with the low at $3.3 billion in Q4 2019.
- Average Operating Income over 5 years is $3.8 billion, with a median of $3.8 billion recorded in 2022.
- Across the five-year window, Operating Income advanced 17.78% in 2021 and retreated 8.9% in 2023, its largest moves.
- Year by year, Operating Income stood at $3.3 billion in 2019, then rose by 4.08% to $3.5 billion in 2020, then rose by 9.49% to $3.8 billion in 2021, then increased by 4.21% to $3.9 billion in 2022, then declined by 8.9% to $3.6 billion in 2023.
- According to Business Quant data, Operating Income over the past three periods registered $3.6 billion, $4.0 billion, and $3.8 billion for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 8.60 Bn |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 10.70 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 6.01 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 | 62.22 Mn |
| 10 | Royal Bank Of Canada | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 31, 2023 | 3.60 Bn |
| Jul 31, 2023 | 4.00 Bn |
| Apr 30, 2023 | 3.78 Bn |
| Jan 31, 2023 | 4.42 Bn |
| Oct 31, 2022 | 3.95 Bn |
| Jul 31, 2022 | 3.81 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 |
| Oct 31, 2019 | 3.32 Bn |
| Oct 31, 2018 | 3.30 Bn |
| Oct 31, 2017 | 3.02 Bn |
| Apr 30, 2017 | 2.92 Bn |
| Jan 31, 2017 | 3.04 Bn |
| Oct 31, 2016 | 3.02 Bn |
| Oct 31, 2015 | 2.34 Bn |
| Oct 31, 2014 | 2.98 Bn |