ROYAL BANK OF CANADA
RY, RYLBF · Commercial Banks, NEC · EDGAR filings ↗
Grade
B79Dominant, diversified Canadian money-center bank with top-quartile ROE and strong, consistent earnings growth.
Strengths
- ROE 14.6% (84th pct) with net margin 30.6% and OCF margin 82.9% (86.7th pct)
- Revenue +12.8% (80th pct) and net income +21.8% (76.9th pct)
Risks
- ROA 0.88% only mid-pack (52nd pct), typical of scale banks
- Exposure to Canadian housing/credit cycle and macro/geopolitical conditions
Notable findings
- Strong balance sheetStrong balance sheet — $26.6B cash & investments
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
30.6%
Return on equity
14.6%
Return on assets
0.9%
Revenue growth (QoQ)
12.0%
Net-income growth
21.8%
Tangible book value
$86.0B
Cash & investments
$26.6B
Supply chain
Customers (0)
Suppliers (1)
Named in the 10-K; linked when we track them.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2025-12-03 | 2025-10-31 | 0001193125-25-305927 ↗ |