Royal Bank of Canada (TSX:RY) Net Interest Income (for Banks) : C$25,259 Mil (As of Jan. 2024)

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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. 2024 was C$6,332 Mil. Its net interest income for the trailing twelve months (TTM) ended in Jan. 2024 was C$25,259 Mil.

Royal Bank of Canada's quarterly net interest income increased from Jul. 2023 (C$6,286 Mil) to Oct. 2023 (C$6,542 Mil) but then declined from Oct. 2023 (C$6,542 Mil) to Jan. 2024 (C$6,332 Mil).

Royal Bank of Canada's annual net interest income increased from Oct. 2021 (C$20,002 Mil) to Oct. 2022 (C$22,717 Mil) and increased from Oct. 2022 (C$22,717 Mil) to Oct. 2023 (C$25,129 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.

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

Royal Bank of Canada Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Net Interest Income (for Banks)

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19,749.00

20,835.00

20,002.00

22,717.00

25,129.00

Royal Bank of Canada Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															6,202.00	6,099.00	6,286.00	6,542.00	6,332.00

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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$25,259 Mil.

Royal Bank of Canada (TSX:RY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Royal Bank of Canada (TSX:RY) » Definitions » Net Interest Income (for Banks)

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Traded in Other Exchanges

RY:USA RYC:Germany RY.PR.S.PFD:Canada RY.PR.Z.PFD:Canada RY.PR.O.PFD:Canada RY.PR.N.PFD:Canada RY.PR.M.PFD:Canada RY.PR.J.PFD:Canada RY.PR.H.PFD:Canada

Address

1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9

Website

https://www.rbc.com

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.

Executives