The net income of Royal Bank of Canada's (RBC) personal and commercial banking division grew each year since 2013 until 2022, except for 2020. In 2023, the segment was divided into two separate segments: personal banking and commercial banking. That year, the personal banking segment emerged as the larger contributor to net income when compared to the commercial one. By 2024, the personal banking segment reported a net income of 5.9 billion Canadian dollars, while the latter recorded 2.8 billion Canadian dollars.
Net income from personal and commercial banking of Royal Bank of Canada (RBC) from 2013 to 2024
(in million Canadian dollars)
Values prior to 2023 have been taken from previous publications by the source.
*Figures are revised for 2023 and 2024, as starting from the fourth quarter of 2024, the Personal & Commercial Banking segment also became two separate business segments: Personal Banking and Commercial Banking. With this change, the bank moved from the previous Personal & Commercial Banking segment to the Wealth Management segment.Â
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Royal Bank of Canada. (March 12, 2024). Net income from personal and commercial banking of Royal Bank of Canada (RBC) from 2013 to 2024 (in million Canadian dollars) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/1280306/net-income-from-personal-and-commercial-banking-rbc/
Royal Bank of Canada. "Net income from personal and commercial banking of Royal Bank of Canada (RBC) from 2013 to 2024 (in million Canadian dollars) ." Chart. March 12, 2024. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/1280306/net-income-from-personal-and-commercial-banking-rbc/
Royal Bank of Canada. (2024). Net income from personal and commercial banking of Royal Bank of Canada (RBC) from 2013 to 2024 (in million Canadian dollars) . Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/1280306/net-income-from-personal-and-commercial-banking-rbc/
Royal Bank of Canada. "Net Income from Personal and Commercial Banking of Royal Bank of Canada (Rbc) from 2013 to 2024 (in Million Canadian Dollars) ." Statista, Statista Inc., 12 Mar 2024, https://www.statista.com/statistics/1280306/net-income-from-personal-and-commercial-banking-rbc/
Royal Bank of Canada, Net income from personal and commercial banking of Royal Bank of Canada (RBC) from 2013 to 2024 (in million Canadian dollars) Statista, https://www.statista.com/statistics/1280306/net-income-from-personal-and-commercial-banking-rbc/ (last visited December 24, 2024)
Net income from personal and commercial banking of Royal Bank of Canada (RBC) from 2013 to 2024 (in million Canadian dollars) [Graph], Royal Bank of Canada, March 12, 2024. [Online]. Available: https://www.statista.com/statistics/1280306/net-income-from-personal-and-commercial-banking-rbc/