The market capitalization of Royal Bank of Canada (RBC) increased markedly between 2020 and 2023, despite a downward trend between 2020 and 2023. RBC's market cap had dropped down 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 2023, the market capitalization of RBC was approximately 155.12 billion Canadian dollars.
Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2023
(in billion Canadian dollars)
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Royal Bank of Canada. (November 29, 2023). Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2023 (in billion Canadian dollars) [Graph]. In Statista. Retrieved November 21, 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 2023 (in billion Canadian dollars)." Chart. November 29, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/
Royal Bank of Canada. (2023). Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2023 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: November 21, 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 2023 (in Billion Canadian Dollars)." Statista, Statista Inc., 29 Nov 2023, 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 2023 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/ (last visited November 21, 2024)
Market capitalization of Royal Bank of Canada (RBC) from 2014 to 2023 (in billion Canadian dollars) [Graph], Royal Bank of Canada, November 29, 2023. [Online]. Available: https://www.statista.com/statistics/460818/market-capitalization-of-royal-bank-of-canada/
