Personal and commercial banking is Royal Bank of Canada's (RBC) largest division, and the largest business line within this division is personal banking. The net income from personal banking in 2023 was almost three times as high as the net income from business banking that year. The net income grew in 2023 compared to 2022 for both businesses, and the net income for personal banking was around 15.01 billion Canadian dollars in 2023.
Net income from personal and commercial banking of Royal Bank of Canada (RBC) in 2020 to 2023, by line of business
(in million Canadian dollars)
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Royal Bank of Canada. (November 29, 2023). Net income from personal and commercial banking of Royal Bank of Canada (RBC) in 2020 to 2023, by line of business (in million Canadian dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/1280318/net-income-from-personal-and-commercial-banking-rbc-by-business/
Royal Bank of Canada. "Net income from personal and commercial banking of Royal Bank of Canada (RBC) in 2020 to 2023, by line of business (in million Canadian dollars) ." Chart. November 29, 2023. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/1280318/net-income-from-personal-and-commercial-banking-rbc-by-business/
Royal Bank of Canada. (2023). Net income from personal and commercial banking of Royal Bank of Canada (RBC) in 2020 to 2023, by line of business (in million Canadian dollars) . Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/1280318/net-income-from-personal-and-commercial-banking-rbc-by-business/
Royal Bank of Canada. "Net Income from Personal and Commercial Banking of Royal Bank of Canada (Rbc) in 2020 to 2023, by Line of Business (in Million Canadian Dollars) ." Statista, Statista Inc., 29 Nov 2023, https://www.statista.com/statistics/1280318/net-income-from-personal-and-commercial-banking-rbc-by-business/
Royal Bank of Canada, Net income from personal and commercial banking of Royal Bank of Canada (RBC) in 2020 to 2023, by line of business (in million Canadian dollars) Statista, https://www.statista.com/statistics/1280318/net-income-from-personal-and-commercial-banking-rbc-by-business/ (last visited November 10, 2024)
Net income from personal and commercial banking of Royal Bank of Canada (RBC) in 2020 to 2023, by line of business (in million Canadian dollars) [Graph], Royal Bank of Canada, November 29, 2023. [Online]. Available: https://www.statista.com/statistics/1280318/net-income-from-personal-and-commercial-banking-rbc-by-business/