The return on equity (ROE) of Royal Bank of Canada (RBC) dropped overall during the period between 2012 and 2023 despite occasional hikes. The ROE of RBC was 14.2 percent in 2023, down from 16.4 percent in the previous year.
Return on equity of Royal Bank of Canada (RBC) from 2012 to 2023
The source adds the following information: "Average amounts are calculated using methods intended to approximate the average of the daily balances for the period. These measures may not have a standardized meaning under generally accepted accounting principles (GAAP) and may not be comparable to similar measures disclosed by other financial institutions."
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Royal Bank of Canada. (November 29, 2023). Return on equity of Royal Bank of Canada (RBC) from 2012 to 2023 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/461486/return-on-equity-of-royal-bank-of-canada/
Royal Bank of Canada. "Return on equity of Royal Bank of Canada (RBC) from 2012 to 2023." Chart. November 29, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/461486/return-on-equity-of-royal-bank-of-canada/
Royal Bank of Canada. (2023). Return on equity of Royal Bank of Canada (RBC) from 2012 to 2023. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/461486/return-on-equity-of-royal-bank-of-canada/
Royal Bank of Canada. "Return on Equity of Royal Bank of Canada (Rbc) from 2012 to 2023." Statista, Statista Inc., 29 Nov 2023, https://www.statista.com/statistics/461486/return-on-equity-of-royal-bank-of-canada/
Royal Bank of Canada, Return on equity of Royal Bank of Canada (RBC) from 2012 to 2023 Statista, https://www.statista.com/statistics/461486/return-on-equity-of-royal-bank-of-canada/ (last visited November 05, 2024)
Return on equity of Royal Bank of Canada (RBC) from 2012 to 2023 [Graph], Royal Bank of Canada, November 29, 2023. [Online]. Available: https://www.statista.com/statistics/461486/return-on-equity-of-royal-bank-of-canada/
