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 38.60 billion Canadian Dollars [US$29.55 billion]
of which 21%
was Canadian P&C),
Canadian Imperial Bank of Commerce
(28.67 billion Canadian Dollars [US$21.95 billion]
of which 31%
was Canadian Personal and small Business Ban), and
(59.05 billion Canadian Dollars [US$45.22 billion]
of which 41%
was Canadian Personal and Commercial Banking).
Royal Bank of Canada reported sales of C$67.51 billion (US$51.69 billion)
October of 2019.
increase of 17.6%
versus 2018, when the company's sales were C$57.39 billion.
Sales at Royal Bank of Canada have increased during each of the previous five years
(and since 2014, sales have increased a total of 61%).
Sales of Insurance saw an increase
33.4% in 2019, from
C$4.28 billion to C$5.71 billion.
Not all segments of Royal Bank of Canada experienced an increase in sales in 2019:
sales of Investor and Treasury Services fell 9.5% to C$2.35 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
Royal Bank of Canada also experienced decreases in sales in
Capital Markets (down 1.3% to C$8.29 billion)