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Royal Bank of Canada (Royal Bank of Canada) Average Interest Earning Assets (USD Mil) : 0.00 (As of Oct. 2023)


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What is Royal Bank of Canada Average Interest Earning Assets (USD Mil)?

Average Interest Earning Assets (USD Mil) is the average of the beginning and ending balances of interest earning assets. Earning Assets are income-producing investments owned by a company without any significant effort on its owners.

The historical rank and industry rank for Royal Bank of Canada's Average Interest Earning Assets (USD Mil) or its related term are showing as below:

RY's Average Interest Earning Assets (USD Mil) is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Average Interest Earning Assets (USD Mil) only.

Royal Bank of Canada Average Interest Earning Assets (USD Mil) Historical Data

The historical data trend for Royal Bank of Canada's Average Interest Earning Assets (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Royal Bank of Canada Average Interest Earning Assets (USD Mil) Chart

Royal Bank of Canada Annual Data
Trend Oct22 Oct23
Average Interest Earning Assets (USD Mil)
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Royal Bank of CanadaQuarterly Data
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Average Interest Earning Assets (USD Mil)
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Competitive Comparison of Royal Bank of Canada's Average Interest Earning Assets (USD Mil)

For the Banks - Diversified subindustry, Royal Bank of Canada's Average Interest Earning Assets (USD Mil), along with its competitors' market caps and Average Interest Earning Assets (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Bank of Canada  (NYSE:RY) Average Interest Earning Assets (USD Mil) Explanation

Earning assets are assets that can generate income directly, such as stocks that pay dividends, bonds that pay interest, real estate properties that generate rental income, copyright and other interest or dividend earning accounts or instruments.

Average Earning Assets are commonly used as a denominator when calculating net interest margin. This ratio can help investors determine whether or not to invest in a financial company by providing visibility into the profitability of their interest income versus their interest expenses.


Royal Bank of Canada Average Interest Earning Assets (USD Mil) Related Terms

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Royal Bank of Canada (Royal Bank of Canada) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Royal Bank of Canada (NYSE:RY) » Definitions » Average Interest Earning Assets (USD Mil)
Address
1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.