RY (Royal Bank of Canada) Other Income (Minority Interest) : $-7 Mil (TTM As of Oct. 2024)

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What is Royal Bank of Canada Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Royal Bank of Canada's Other Income (Minority Interest) for the three months ended in Oct. 2024 was $-2 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Oct. 2024 was $-7 Mil.

Royal Bank of Canada Other Income (Minority Interest) Historical Data

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

Royal Bank of Canada Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Other Income (Minority Interest)

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-3.78

-9.65

-9.50

-5.11

-7.27

Royal Bank of Canada Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Other Income (Minority Interest)	Get a 7-Day Free Trial															-1.46	-1.49	-1.46	-2.19	-2.18

Royal Bank of Canada Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7 Mil.

Royal Bank of Canada (NYSE:RY) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Royal Bank of Canada Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Royal Bank of Canada (NYSE:RY) » Definitions » Other Income (Minority Interest)

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Traded in Other Exchanges

RY N:Mexico 0QKU:UK RYC:Germany RYC:Germany RY.PR.S.PFD:Canada RY.PR.O.PFD:Canada RY.PR.N.PFD:Canada RY.PR.M.PFD:Canada RY.PR.J.PFD:Canada RY: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 US and other countries.