← ROYAL BANK OF CANADA

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $40.7b
$42.6b +4.69%
$46.0b +8.05%
$47.2b +2.56%
$49.7b +5.32%
$49.0b -1.42%
$56.1b +14.58%
$57.3b +2.16%
$66.6b +16.15%
$69.5b +4.36%
Revenue From Interest — $33.0b $41.3b $34.9b $28.1b $40.8b $87.0b $105.0b $103.8b —
Trading revenue $806.0m $911.0m $995.0m $1.2b $1.2b $926.0m $2.4b $2.3b $3.1b —
Mutual fund revenue $3.3b $3.6b $3.6b $3.7b $4.3b $4.3b $4.1b $4.4b $5.1b —
Foreign exchange revenue, other than trading $974.0m $1.1b $986.0m $1.0b $1.1b $1.0b $1.3b $1.1b $1.3b —
Card service revenue $933.0m $1.1b $1.1b $969.0m $1.1b $1.2b $1.2b $1.3b $1.3b —
Net interest income $17.1b
$18.2b +6.13%
$19.7b +8.56%
$20.8b +5.50%
$20.0b -4.00%
$22.7b +13.57%
$25.1b +10.62%
$28.0b +11.24%
$33.0b +18.06%
$34.1b +3.29%
General And Administrative Expense — — — — — $18.3b $18.9b $21.1b — $24.0b
Restructuring And Mergern Acquisition — — — — — $0 $380.0m $1.1b — $0
Interest Expense — $14.8b $21.6b $14.0b $8.1b $18.1b $61.9b $77.0b $70.8b $69.4b
Interest Expense On Lease Liabilities — — — $123.0m $110.0m $112.0m — — — $69.4b
Interest Income — — — — — $40.8b $87.0b $105.0b — $103.5b
Gain On Sale Of Business — — — — — $100.0m $92.0m ($29.0m) — $0
Gain On Sale Of Security — — — — — $43.0m $193.0m $170.0m — $198.0m
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method $335.0m $21.0m $76.0m $77.0m $130.0m $110.0m ($219.0m) ($16.0m) $73.0m —
Income before income taxes $14.7b $15.8b $15.9b $14.4b $20.6b $20.1b $18.5b $19.9b $25.7b $28.2b
Pre-Tax Income — — — — — $20.1b $18.2b $19.9b — $28.2b
Income taxes (Note 21) $3.2b $3.3b $3.0b $3.0b $4.6b $4.3b $3.6b $3.6b $5.3b —
Current Tax Expense (Income) — $3.4b $3.3b $3.7b $4.9b $4.2b $4.1b $4.8b $5.5b —
Deferred Tax Expense (Income) — $201.0m ($156.0m) ($590.0m) ($204.0m) $381.0m ($1.2b) ($1.5b) ($354.0m) —
Net Income From Continuing And Discontinued Operation — — — — — $15.8b $14.6b $16.2b — $22.1b
Net income $11.5b
$12.4b +8.39%
$12.9b +3.54%
$11.4b -11.14%
$16.1b +40.33%
$15.8b -1.51%
$14.9b -5.95%
$16.2b +9.24%
$20.4b +25.42%
$21.6b +6.03%
Net Income Continuous Operations — — — — — $15.8b $14.6b $16.2b — $22.1b
Preferred Stock Dividends — — — — — $247.0m $236.0m $322.0m — $540.0m
Basic Earnings (Loss) Per Share $7.59 $8.39 $8.78 $7.84 $11.08 $11.08 $10.51 $11.27 $14.10 $15.42
Diluted Earnings (Loss) Per Share $7.56 $8.36 $8.75 $7.82 $11.06 $11.06 $10.50 $11.25 $14.07 $15.38
Additional Financial Items
Applicable Tax Rate — $0 $0 $0 $0 $0 $0 $0 $0 —
Average Effective Tax Rate — $0 $0 $0 $0 $0 $0 $0 $0 —
Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill — $6.0m $110.0m $42.0m $29.0m $18.0m $108.0m $68.0m $34.0m —
Profit Loss Attributable To Noncontrolling Interests $41.0m $31.0m $11.0m $5.0m $12.0m $13.0m $7.0m $10.0m $7.0m —
Profit Loss Attributable To Owners Of Parent $11.4b $12.4b $12.9b $11.4b $16.0b $15.8b $14.9b $16.2b $20.4b —
Profit Loss Before Tax $14.7b $15.8b $15.9b $14.4b $20.6b $20.1b $18.5b $19.9b $25.7b —
Tax Rate Effect Of Foreign Tax Rates — ($0) ($0) ($0) ($0) ($0) ($0) ($0) ($0) —
Loans $18.7b $21.2b $24.9b $23.4b $21.7b $26.6b $43.5b $54.0b $56.0b —
Securities $4.9b $5.7b $6.8b $6.5b $4.9b $7.1b $14.5b $17.7b $20.1b $2.0b
Assets purchased under reverse repurchase agreements and securities borrowed $3.0b $5.5b $9.0b $4.7b $1.3b $5.4b $22.2b $27.1b $22.4b —
Deposits and other $6.6b $9.6b $13.0b $8.8b $5.4b $10.8b $36.7b $47.3b $44.8b —
Other liabilities $2.9b $4.9b $8.2b $5.0b $2.5b $7.0b $24.5b $29.0b $25.4b —
Subordinated debentures $270.0m $322.0m $365.0m $280.0m $179.0m $288.0m $666.0m $775.0m $637.0m —
Insurance service result (Note 15) — — — — — — $703.0m $777.0m $867.0m —
Insurance investment result (Note 15) — — — — — — $156.0m $294.0m $284.0m —
Investment management and custodial fees $4.8b $5.4b $5.7b $6.1b $7.1b $7.6b $8.3b $9.3b $10.6b —
Securities brokerage commissions $1.4b $1.4b $1.3b $1.4b $1.5b $1.5b $1.5b $1.7b $1.9b —
Service charges $1.8b $1.8b $1.9b $1.8b $1.9b $2.0b $2.1b $2.3b $2.4b —
Underwriting and other advisory fees $2.1b $2.1b $1.8b $2.3b $2.7b $2.1b $2.0b $2.7b $2.9b —
Credit fees $1.4b $1.4b $1.3b $1.3b $1.5b $1.5b $1.5b $1.6b $1.7b —
Net gains on investment securities $172.0m $147.0m $125.0m $90.0m $145.0m $43.0m $193.0m $170.0m $120.0m —
Income (loss) from joint ventures and associates (Note 12) $335.0m $21.0m $76.0m $77.0m $130.0m $110.0m ($219.0m) ($16.0m) $73.0m —
Other $2.2b $2.4b $2.5b $2.3b $2.2b $2.5b $3.2b $3.4b $3.6b —
Provision for credit losses (Notes 4 and 5) $1.1b $1.3b $1.9b $4.4b ($753.0m) $484.0m $2.5b $3.2b $4.4b —
Human resources (Notes 16 and 20) $13.3b $13.8b $14.6b $15.3b $16.5b $16.5b $19.0b $21.1b $23.1b —
Equipment $1.4b $1.6b $1.8b $1.9b $2.0b $2.1b $2.4b $2.5b $2.8b $2.9b
Occupancy $1.6b $1.6b $1.6b $1.7b $1.6b $1.6b $1.6b $1.8b $1.7b $4.6b
Communications $1.0b $1.0b $1.1b $989.0m $931.0m $1.1b $1.3b $1.4b $1.5b —
Professional fees $1.2b $1.4b $1.3b $1.3b $1.4b $1.5b $2.2b $2.5b $2.2b —
Amortization of other intangibles (Note 11) $1.0b $1.1b $1.2b $1.3b $1.3b $1.4b $1.5b $1.5b $1.8b —
Shareholders $11.4b $12.4b $12.9b $11.4b $16.0b $15.8b $14.9b $16.2b $20.4b —
Non-controlling interests $41.0m $31.0m $11.0m $5.0m $12.0m $13.0m $7.0m $10.0m $7.0m —
Dividends per common share (in dollars) $3 $4 $4 $4 $4 $5 $5 $6 $6 —
Amortization — — — — — $1.4b $1.5b $1.5b — $1.6b
Diluted NI Availto Com Stockholders — — — — — $15.5b $14.4b $15.9b — $21.6b
Impairment Of Capital Assets — — — — — $18.0m $106.0m $68.0m — $34.0m
Insurance And Claims — — — — $3.9b $1.8b $4.0b — — —
Minority Interests — — — — — ($13.0m) ($7.0m) ($10.0m) — ($4.0m)
Normalized Income — — — — — $15.7b $14.9b $17.2b — $22.2b
Reconciled Depreciation — — — — — $2.7b $2.9b $3.0b — $1.6b
Salaries And Wages — — — — — $16.5b $18.9b $21.1b — $24.0b
Selling General And Administration — — — — — $18.3b $18.9b $21.1b — —
Special Income Charges — — — — — $82.0m ($394.0m) ($1.2b) — ($34.0m)
Tax Effect Of Unusual Items — — — — — $17.5m ($77.2m) ($216.2m) — ($7.3m)
Tax Provision — — — — — $4.3b $3.6b $3.6b — $6.1b
Tax Rate For Calcs — — — — — $0 $0 $0 — $0
Depreciation And Amortisation Expense — $1.6b $1.8b $2.6b $2.6b $2.6b $2.8b $2.9b $3.0b $1.6b
Employee Benefits Expense $13.3b $13.8b $14.6b $15.3b $16.5b $16.5b $19.0b $21.1b $23.1b —
Expense From Share-Based Payment Transactions With Employees — $493.0m $1.0b $454.0m $2.0b $333.0m $608.0m $2.8b $2.3b —
Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities — — — $635.0m $603.0m $571.0m $647.0m $697.0m $726.0m —
Total Unusual Items — — — — — $82.0m ($394.0m) ($1.2b) — ($34.0m)

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.