Royal Bank of Canada

Toronto Stock Exchange:RY.TO

Sector

💰 Finance

Industries

🏦 Banking & Lending

💻 Fintech

💵 Insurance

💰 Investment Banking & Asset Management

Location

Canada

Market Cap

USD 179.44 B

Share Price

USD 127.23

Avg Daily Volume

5,023,434

Change (1 day)

-0.32%

Change (1 year)

23.11%

Change (YTD)

5.64%

Royal Bank of Canada Current Ratio for the year ending October 31, 2024: 0.72

Royal Bank of Canada Current Ratio is 0.72 for the year ending October 31, 2024, a 180.50% change year over year. Current ratio represents the short-term liquidity measurement, showing current assets' coverage of liabilities. Higher ratio implies better ability to meet short-term obligations.

Royal Bank of Canada Current Ratio for the year ending October 31, 2023 was 0.26, a -84.67% change year over year.
Royal Bank of Canada Current Ratio for the year ending October 31, 2022 was 1.67, a -27.46% change year over year.
Royal Bank of Canada Current Ratio for the year ending October 31, 2021 was 2.30, a -34.33% change year over year.
Royal Bank of Canada Current Ratio for the year ending October 31, 2020 was 3.51, a 102.38% change year over year.

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Key data

Date	Current Ratio	Interest Coverage Ratio	Return on Capital Employed (ROCE)	Return on Equity (ROE)

Toronto Stock Exchange: RY.TO

Royal Bank of Canada

CEO	Mr. David I. McKay
IPO Date	Jan. 12, 1995
Location	Canada
Headquarters	200 Bay Street
Employees	94,624
Sector	💰 Finance
Industries Banking & Lending 💻 Fintech 💵 Insurance 💰 Investment Banking & Asset Management

Description

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.