Royal Bank of Canada operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Royal Bank of Canada with three other
companies in this sector in Canada:
Bank of Montreal
sales of 27.70 billion Canadian Dollars [US$22.12 billion]
of which 27%
was Canadian P&C),
Canadian Imperial Bank of Commerce
(20.80 billion Canadian Dollars [US$16.61 billion]
of which 40%
was CIBC Retail Markets), and
(44.65 billion Canadian Dollars [US$35.66 billion]
of which 47%
was Canadian Personal and Commercial Banking).
Royal Bank of Canada reported sales of C$50.15 billion (US$40.06 billion)
October of 2017.
increase of 8.5%
versus 2016, when the company's sales were C$46.24 billion.
Sales at Royal Bank of Canada have increased during each of the previous five years
(and since 2012, sales have increased a total of 31%).
Sales of Wealth Management saw an increase
14.6% in 2017, from
C$8.79 billion to C$10.08 billion.
Not all segments of Royal Bank of Canada experienced an increase in sales in 2017:
sales of Rbc Insurance fell 11.4% to C$4.57 billion.