What was Royal Bank of Canada's revenue in 2023?

Royal Bank of Canada reported $39.5B in revenue for fiscal year 2023. This represents a +7.3% change compared to 2022.

How did Royal Bank of Canada's revenue change from 2022 to 2023?

Royal Bank of Canada revenue grew from $36.8B in 2022 to $39.5B in 2023, a change of 7.3%.

Was 2023 Royal Bank of Canada's best revenue year?

No. Royal Bank of Canada's highest recorded revenue year was 2024 at $40.4B. In 2023, Royal Bank of Canada reported $39.5B.

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 Revenue in 2023: $39.5B | CorpDigest

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Royal Bank of Canada

Diversified Banking and Financial ServicesFounded 1864- Updated June 2026

Reviewed by Swet Parvadiya

Last reviewed: June 2026

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.

CorpDigest

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

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

Royal Bank of Canada Revenue in 2023

Revenue by Year

Royal Bank of Canada Annual Revenue History

Royal Bank of Canada Revenue in 2023

Revenue by Year

Royal Bank of Canada Annual Revenue History