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RY (Royal Bank of Canada) Net Interest Income (for Banks) : $21,286 Mil (As of Jan. 2025)


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What is Royal Bank of Canada Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Royal Bank of Canada's net interest income for the three months ended in Jan. 2025 was $5,524 Mil. Its net interest income for the trailing twelve months (TTM) ended in Jan. 2025 was $21,286 Mil.

Royal Bank of Canada's quarterly net interest income increased from Jul. 2024 ($5,343 Mil) to Oct. 2024 ($5,576 Mil) but then declined from Oct. 2024 ($5,576 Mil) to Jan. 2025 ($5,524 Mil).

Royal Bank of Canada's annual net interest income increased from Oct. 2022 ($16,595 Mil) to Oct. 2023 ($18,326 Mil) and increased from Oct. 2023 ($18,326 Mil) to Oct. 2024 ($20,319 Mil).


Royal Bank of Canada Net Interest Income (for Banks) Historical Data

The historical data trend for Royal Bank of Canada's Net Interest Income (for Banks) 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 Net Interest Income (for Banks) Chart

Royal Bank of Canada Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,762.60 16,086.54 16,595.08 18,326.28 20,319.11

Royal Bank of Canada Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,717.28 4,843.50 5,342.72 5,576.07 5,523.66

Royal Bank of Canada Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $21,286 Mil.

* 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.


Royal Bank of Canada Business Description

Industry
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, with over CAD 2 trillion in assets. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.