Royal Bank of Canada (MEX:RY N) Retained Earnings: MXN1,289,358 Mil (As of Apr. 2026)

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MEX:RY N Royal Bank of Canada MEX:RY N
73 GF Score
Price MXN2,990.00
GF Value MXN2,009.21
! 8 Warning Signs
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What is Royal Bank of Canada Retained Earnings?

Royal Bank of Canada MEX:RY N 73 Retained Earnings is MXN1,289,358 Mil as of Apr. 2026. GuruFocus rates MEX:RY N with a GF Score™ of 73/100 and a GF Value™ of MXN2,009.21. The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Royal Bank of Canada's retained earnings for the quarter that ended in Apr. 2026 was MXN1,289,358 Mil.

Royal Bank of Canada's quarterly retained earnings declined from Oct. 2025 (MXN1,285,288 Mil) to Jan. 2026 (MXN1,250,583 Mil) but then increased from Jan. 2026 (MXN1,250,583 Mil) to Apr. 2026 (MXN1,289,358 Mil).

Royal Bank of Canada's annual retained earnings increased from Oct. 2023 (MXN1,075,847 Mil) to Oct. 2024 (MXN1,290,210 Mil) but then declined from Oct. 2024 (MXN1,290,210 Mil) to Oct. 2025 (MXN1,285,288 Mil).


Royal Bank of Canada  (MEX:RY N) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Royal Bank of Canada Retained Earnings Historical Data

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The historical data trend for Royal Bank of Canada's Retained Earnings 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.

Royal Bank of Canada Retained Earnings Chart

Royal Bank of Canada Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,186,632.66 1,131,476.64 1,075,846.63 1,290,210.29 1,285,287.83

Royal Bank of Canada Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Retained Earnings 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 1,303,029.19 1,303,900.29 1,285,287.83 1,250,583.30 1,289,357.65
MEX:RY N
73GF Score
Royal Bank of Canada MEX:RY N
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Bank of Canada Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of MXN1,289,358 Mil mean?
Royal Bank of Canada (MEX:RY N) has a Retained Earnings of MXN1,289,358 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Royal Bank of Canada and its competitors.
Is Royal Bank of Canada's Retained Earnings too high?
Royal Bank of Canada's current Retained Earnings is MXN1,289,358 Mil. Overall, Royal Bank of Canada has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Royal Bank of Canada's Retained Earnings compare to JPM and BAC?
Royal Bank of Canada's Retained Earnings of MXN1,289,358 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Banks company?
A good Retained Earnings depends on the Banks industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Royal Bank of Canada and its competitors. Royal Bank of Canada's current Retained Earnings is MXN1,289,358 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Bank of Canada stock overvalued right now?
Royal Bank of Canada (MEX:RY N) has a current Retained Earnings of MXN1,289,358 Mil. The stock's GF Value™ is MXN2,009.21, compared to a current price of MXN2,990.00 — trading 48.8% above its estimated fair value. The current Retained Earnings is MXN1,289,358 Mil. Royal Bank of Canada's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Royal Bank of Canada (MEX:RY N), the current Retained Earnings is MXN1,289,358 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Royal Bank of Canada (MEX:RY N) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued. The current stock price of MXN2,990.00 is trading 48.8% above its estimated GF Value™ of MXN2,009.21.

Key valuation signals for MEX:RY N:

  • Retained Earnings: MXN1,289,358 Mil
  • GF Value™: MXN2,009.21 vs. price of MXN2,990.00 (48.8% above fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the MEX:RY N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Bank of Canada Business Description

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 around CAD 2.4 trillion in assets at the end of April 2026. 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.
73GF Score

Get the complete analysis for MEX:RY N

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,990.00
Price
MXN2,009.21
GF Value