Royal Bank of Canada (RY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Net Interest Income | 8.5B | 8.59B | 8.64B | 8.35B | 8.06B | 7.95B | 7.67B | 7.33B | 6.62B | 6.33B | 6.54B | 6.29B | 6.1B | 6.2B | 6.28B | 5.89B | 5.27B | 5.27B | 5.06B | 5.05B |
| NII Growth % | 5.55% | 8.01% | 12.7% | 13.98% | 21.64% | 25.52% | 17.26% | 16.56% | 8.59% | 2.1% | 4.14% | 6.72% | 15.64% | 17.66% | 24.13% | 16.59% | 8.65% | 4.69% | 1.02% | -1.69% |
| Net Interest Margin % | 0.35% | 0.37% | 0.37% | 0.37% | 0.36% | 0.36% | 0.35% | 0.35% | 0.33% | 0.32% | 0.33% | 0.32% | 0.31% | 0.32% | 0.33% | 0.32% | 0.29% | 0.3% | 0.3% | 0.3% |
| Interest Income | 25.01B | 26.1B | 26.29B | 26.11B | 24.97B | 26.45B | 26.5B | 27.09B | 25.75B | 25.61B | 24.5B | 22.83B | 20.32B | 19.34B | 14.9B | 10.74B | 7.76B | 7.38B | 7.01B | 7B |
| Interest Expense | 16.51B | 17.52B | 17.64B | 17.76B | 16.91B | 18.51B | 18.83B | 19.76B | 19.13B | 19.28B | 17.96B | 16.55B | 14.22B | 13.13B | 8.62B | 4.85B | 2.48B | 2.11B | 1.95B | 1.95B |
| Loan Loss Provision | 911.7M | 1.09B | 1.01B | 881M | 1.42B | 1.05B | 840M | 659M | 920M | 813M | 720M | 616M | 600M | 532M | 381M | 340M | -342M | 105M | -227M | -540M |
| Non-Interest Income | 8.92B | 9.34B | 8.55B | 8.61B | 7.6B | 8.77B | 7.39B | 7.36B | 7.36B | 7.42B | 6.71B | 6.64B | 6.33B | 7.13B | 6.26B | 6.2B | 5.92B | 7.77B | 7.28B | 7.66B |
| Non-Interest Income % | 26.29% | 26.35% | 24.54% | 24.8% | 23.33% | 24.9% | 21.81% | 21.37% | 22.22% | 22.47% | 21.49% | 22.52% | 23.77% | 26.93% | 29.59% | 36.6% | 43.29% | 51.28% | 50.93% | 52.25% |
| Total Revenue | 33.93B | 35.44B | 34.84B | 34.72B | 32.57B | 35.23B | 33.89B | 34.45B | 33.11B | 33.03B | 31.21B | 29.47B | 26.65B | 26.46B | 21.16B | 16.93B | 13.68B | 15.14B | 14.29B | 14.65B |
| Revenue Growth % | 4.19% | 0.61% | 2.81% | 0.78% | -1.63% | 6.65% | 8.59% | 16.9% | 24.23% | 24.82% | 47.5% | 74.02% | 94.82% | 74.74% | 48.02% | 15.57% | 0.5% | 0.17% | 5.69% | -6.76% |
| Non-Interest Expense | 9.43B | 9.43B | 9.36B | 9.21B | 8.71B | 9.24B | 9.01B | 8.66B | 8.13B | 8.59B | 8.46B | 7.71B | 7.39B | 7.56B | 7.3B | 7.19B | 6.23B | 7.55B | 7.58B | 7.68B |
| Efficiency Ratio | 27.8% | 26.6% | 26.87% | 26.52% | 26.75% | 26.22% | 26.58% | 25.13% | 24.57% | 26.02% | 27.1% | 26.16% | 27.72% | 28.57% | 34.51% | 42.47% | 45.54% | 49.84% | 53.03% | 52.39% |
| Operating Income | 7.1B | 7.41B | 6.83B | 6.87B | 5.52B | 6.43B | 5.21B | 5.37B | 4.93B | 4.35B | 4.07B | 4.6B | 4.45B | 5.24B | 4.86B | 4.56B | 5.31B | 5.38B | 4.99B | 5.57B |
| Operating Margin % | 20.93% | 20.9% | 19.6% | 19.79% | 16.94% | 18.26% | 15.39% | 15.6% | 14.88% | 13.16% | 13.04% | 15.6% | 16.68% | 19.79% | 22.97% | 26.9% | 38.8% | 35.55% | 34.89% | 38.02% |
| Operating Income Growth % | 28.7% | 15.14% | 30.93% | 27.9% | 12.02% | 47.95% | 28.1% | 16.91% | 10.82% | -16.96% | -16.25% | 0.88% | -16.26% | -2.75% | -2.55% | -18.23% | 2.35% | 10.21% | 20.31% | 36.57% |
| Pretax Income | 7.08B | 7.41B | 6.83B | 6.87B | 5.52B | 6.43B | 5.21B | 5.37B | 4.93B | 4.35B | 4.07B | 4.6B | 4.45B | 5.24B | 4.86B | 4.56B | 5.31B | 5.38B | 4.99B | 5.57B |
| Pretax Margin % | 20.86% | 20.9% | 19.6% | 19.79% | 16.94% | 18.26% | 15.39% | 15.6% | 14.88% | 13.16% | 13.04% | 15.6% | 16.68% | 19.79% | 22.97% | 26.9% | 38.8% | 35.55% | 34.89% | 38.02% |
| Income Tax | 1.59B | 1.62B | 1.39B | 1.46B | 1.13B | 1.3B | 993M | 887M | 976M | 766M | -60M | 736M | 765M | 2.1B | 979M | 979M | 1.05B | 1.29B | 1.1B | 1.28B |
| Effective Tax Rate % | 22.53% | 21.9% | 20.42% | 21.22% | 20.44% | 20.24% | 19.04% | 16.51% | 19.81% | 17.62% | -1.47% | 16.01% | 17.21% | 40.16% | 20.14% | 21.49% | 19.88% | 23.94% | 21.97% | 22.9% |
| Net Income | 5.51B | 5.78B | 5.43B | 5.42B | 4.39B | 5.13B | 4.22B | 4.48B | 3.95B | 3.58B | 4.13B | 3.86B | 3.68B | 3.13B | 3.88B | 3.58B | 4.25B | 4.09B | 3.89B | 4.29B |
| Net Margin % | 16.22% | 16.32% | 15.59% | 15.6% | 13.47% | 14.56% | 12.45% | 13.01% | 11.92% | 10.84% | 13.23% | 13.09% | 13.8% | 11.83% | 18.32% | 21.11% | 31.07% | 27.03% | 27.19% | 29.29% |
| Net Income Growth % | 25.52% | 12.77% | 28.75% | 20.79% | 11.09% | 43.27% | 2.18% | 16.2% | 7.31% | 14.34% | 6.53% | 7.92% | -13.44% | -23.5% | -0.28% | -16.71% | 5.88% | 6.45% | 19.71% | 34.25% |
| Net Income (Continuing) | 5.48B | 5.79B | 5.43B | 5.41B | 4.39B | 5.13B | 4.22B | 4.49B | 3.95B | 3.58B | 4.13B | 3.86B | 3.68B | 3.13B | 3.88B | 3.58B | 4.25B | 4.09B | 3.89B | 4.3B |
| EPS (Diluted) | 3.85 | 4.03 | 3.75 | 3.75 | 3.02 | 3.54 | 2.91 | 3.09 | 2.74 | 2.50 | 2.90 | 2.73 | 2.58 | 2.23 | 2.74 | 2.51 | 2.96 | 2.84 | 2.67 | 2.97 |
| EPS Growth % | 27.48% | 13.84% | 28.87% | 21.36% | 10.22% | 41.6% | 0.34% | 13.19% | 6.2% | 12.11% | 5.84% | 8.76% | -12.84% | -21.48% | 2.62% | -15.49% | 7.25% | 6.77% | 19.73% | 35% |
| EPS (Basic) | 3.86 | 4.04 | 3.76 | 3.76 | 3.03 | 3.54 | 2.85 | 3.09 | 2.75 | 2.50 | 2.90 | 2.74 | 2.58 | 2.23 | 2.75 | 2.52 | 2.97 | 2.84 | 2.68 | 2.97 |
| Diluted Shares Outstanding | 1.03B | 1.03B | 1.41B | 1.41B | 1.41B | 1.42B | 1.42B | 1.42B | 1.41B | 1.41B | 1.4B | 1.39B | 1.39B | 1.38B | 1.39B | 1.4B | 1.41B | 1.42B | 1.43B | 1.43B |