Royal Bank of Canada: RBC reported CAD $66.605 billion in FY2025 total revenue and CAD $20.369 billion in net income. For cross-company comparison, this profile displays revenue as about $48.1 billion USD. Dave McKay is President and CEO.
RBC Key Facts
| Founded | 1864 |
|---|---|
| Origins | Merchants Bank of Halifax |
| Headquarters | Toronto, Ontario, Canada |
| CEO | Dave McKay |
| Revenue | CAD $66.605B (FY2025) |
| Displayed Revenue | About $48.1B USD |
| Net Income | CAD $20.369B (FY2025) |
| Employees | More than 100,000 |
Business Model
RBC earns revenue from personal and commercial banking, wealth management, insurance, investor services, and capital markets. The Canadian banking franchise supplies deposits and client relationships, while wealth and capital markets add fee-based and market-sensitive revenue streams.
