Was 2022 Royal Bank of Canada's best revenue year?

No. Royal Bank of Canada's highest recorded revenue year was 2024 at $40.4B. In 2022, Royal Bank of Canada reported $36.8B.

What was Royal Bank of Canada's highest ever annual revenue?

Royal Bank of Canada's highest ever annual revenue was $40.4B recorded in fiscal year 2024.

Royal Bank of Canada

Diversified Banking and Financial ServicesFounded 1864

Reviewed by Swet Parvadiya

Last reviewed: June 2026

Explore Royal Bank of Canada

Core profile pages, annual revenue records, and related research hubs for this company.

Royal Bank of Canada

Diversified Banking and Financial ServicesFounded 1864

Reviewed by Swet Parvadiya

Last reviewed: June 2026

Annual Revenue

Royal Bank of Canada Revenue in 2022

Q: What was Royal Bank of Canada's revenue in 2022?

Royal Bank of Canada reported $36.8B in revenue for fiscal year 2022. Royal Bank of Canada reported $36.8 billion in revenue for 2022, generated across its diversified Canadian banking, wealth management, and capital markets segments.

FY2022 Revenue

$36.8B

Source: Annual report / company filing

Royal Bank of Canada reported $36.8B in revenue for fiscal year 2022. In 2023, revenue increased to $39.5B.

Royal Bank of Canada reported $36.8 billion in revenue for 2022, generated across its diversified Canadian banking, wealth management, and capital markets segments.

Revenue by Year

FY2024 FY2023 FY2022

Royal Bank of Canada Annual Revenue History

Year	Revenue	Net Income	YoY Change
FY2024	$40.4B	$12.4B	+2.3%
FY2023	$39.5B	—	+7.3%
FY2022	$36.8B	—	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

Next year →

FY2023: $39.5B

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