The Royal Bank of Canada (RBC) had the highest return on assets (ROA) among the five largest banks in Canada in 2023. RBC reported a ROA of 0.75 percent, which was followed by Scotiabank, with a ROA of 0.54 percent. RBC also reported the highest return on equity (ROE) in 2023, at 14.2 percent.
Return on assets (ROA) of the largest banks in Canada in 2023
This statistic has been compiled by Statista using various publications (annual reports, Macrotrends.net). The selection of banks are based on a ranking of the largest banks in Canada by total assets.
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Statista. (January 12, 2024). Return on assets (ROA) of the largest banks in Canada in 2023 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1097033/roa-largest-banks-in-canada/
Statista. "Return on assets (ROA) of the largest banks in Canada in 2023." Chart. January 12, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1097033/roa-largest-banks-in-canada/
Statista. (2024). Return on assets (ROA) of the largest banks in Canada in 2023. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1097033/roa-largest-banks-in-canada/
Statista. "Return on Assets (Roa) of The Largest Banks in Canada in 2023." Statista, Statista Inc., 12 Jan 2024, https://www.statista.com/statistics/1097033/roa-largest-banks-in-canada/
Statista, Return on assets (ROA) of the largest banks in Canada in 2023 Statista, https://www.statista.com/statistics/1097033/roa-largest-banks-in-canada/ (last visited November 23, 2024)
Return on assets (ROA) of the largest banks in Canada in 2023 [Graph], Statista, January 12, 2024. [Online]. Available: https://www.statista.com/statistics/1097033/roa-largest-banks-in-canada/