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Royal Bank of Canada (TSX:RY) Altman Z-Score


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What is Royal Bank of Canada Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


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 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.
Executives
David Ian Mckay Director, Senior Officer
Graeme Ashley Hepworth Senior Officer
Jennifer Kristine Publicover Senior Officer
Douglas Antony Guzman Senior Officer
Erica Lesley Nielsen Senior Officer
Neil Mclaughlin Senior Officer
Simon T.p. Ridgway Director, Senior Officer
Toos Noshir Daruvala Director
Nadine Genevieve Ahn Senior Officer
Bruce Washington Ross Senior Officer
Helena Gottschling Senior Officer
Rod Bolger Senior Officer
Alex Douglas Mcgregor Senior Officer
Michael Dobbins Senior Officer
Jeffery William Yabuki Director