Royal Bank Of Canada (RY) Operating Income (2010 - 2023)
Royal Bank Of Canada (RY) posted Operating Income of $3.6 billion for Q4 2023, up 25.2% on a QoQ basis from $2.9 billion in Q3 2023, and down 8.9% year-over-year from $3.9 billion in Q4 2022.
Analysis
Royal Bank Of Canada (RY) Operating Income (2010 - 2023) Analysis & Trends
Royal Bank Of Canada has reported Operating Income for 13 years, with the latest figure at $3.6 billion in Q4 2023.
- On a quarterly basis, Operating Income fell 8.9% year-over-year to $3.6 billion in Q4 2023; TTM through Oct 2023 was $12.6 billion, a 19.99% decrease from a year earlier, with the FY2023 full-year figure at $12.3 billion, down 22.97% from the prior year.
- Operating Income was $3.6 billion for Q4 2023 at Royal Bank Of Canada, 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.
- Average Operating Income over 5 years is $3.6 billion, with a median of $3.5 billion recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Operating Income jumped 31.82% in 2021, then slipped 27.81% in 2023.
- Over 5 years, Operating Income stood at $3.3 billion in 2019, then grew by 4.08% to $3.5 billion in 2020, then grew by 9.49% to $3.8 billion in 2021, then climbed by 4.21% to $3.9 billion in 2022, then slipped by 8.9% to $3.6 billion in 2023.
- The last three Operating Income figures came in at $3.6 billion (Q4 2023), $2.9 billion (Q3 2023), and $3.0 billion (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | 11.77 Bn |
| 2 | Morgan Stanley | 335.03 Bn | 174.89 Bn | - | - |
| 3 | Goldman Sachs | 309.45 Bn | -666.90 Bn | - | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 5.11 Bn |
| 5 | Royal Bank Of Canada | 291.49 Bn | 64.61 Bn | - | - |
| 6 | Wells Fargo & Company | 272.88 Bn | 68.91 Bn | - | - |
| 7 | American Express | 218.59 Bn | 169.28 Bn | 17.99 Bn | 3.51 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | 10.44 Bn |
| 9 | Toronto Dominion Bank | 205.88 Bn | 44.55 Bn | - | 757.36 Mn |
| 10 | Schwab Charles | 185.06 Bn | 111.46 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2023 | 3.60 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 |