Name | Value |
---|---|
Revenues | 34.2B |
Cost of Revenue | 0.0B |
Gross Profit | 34.2B |
Operating Expense | 1.8B |
Operating I/L | -0.1B |
Other Income/Expense | 5.4B |
Interest Income | 27.1B |
Pretax | 5.4B |
Income Tax Expense | 0.9B |
Net Income/Loss | 4.5B |
Royal Bank of Canada is a diversified financial service company offering personal and commercial banking services such as checking and savings accounts, lending, mutual funds, credit cards, and business financing. Its wealth management segment provides advice-based solutions to high net worth individuals and institutional clients. The company also offers insurance services including life, health, home, auto, and business insurance. Additionally, it provides asset servicing, custody, payments, and treasury services to financial investors through its Investor & Treasury Services segment. Royal Bank of Canada generates revenue through a wide range of financial products and services catering to individuals, businesses, and institutional clients.