The market capitalization of Royal Bank of Canada (RBC) increased significantly between 2020 and 2024, despite fluctuations. RBC's market cap had dropped to around 132.5 billion Canadian dollars in 2020 but increased up to around 183.5 billion Canadian dollars in 2021. The drop in market cap in 2020 was not unique for RBC - all major banks globally saw a drop in their market cap in 2020 due to the coronavirus pandemic. In 2024, the market cap of RBC was approximately 238.19 billion Canadian dollars, which was the highest value observed during this period.
Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2024
(in billion Canadian dollars)
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Royal Bank of Canada. (March 12, 2024). Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2024 (in billion Canadian dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/
Royal Bank of Canada. "Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2024 (in billion Canadian dollars)." Chart. March 12, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/
Royal Bank of Canada. (2024). Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2024 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/
Royal Bank of Canada. "Market Capitalization of Royal Bank of Canada (Rbc) from 2014 to 2024 (in Billion Canadian Dollars)." Statista, Statista Inc., 12 Mar 2024, https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/
Royal Bank of Canada, Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2024 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/ (last visited December 22, 2024)
Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2024 (in billion Canadian dollars) [Graph], Royal Bank of Canada, March 12, 2024. [Online]. Available: https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/