Royal Bank of Canada

RY

CA7800871021

Banks

Market Closed - Toronto S.E. Other stock markets 04:00:00 2026-04-17 pm EDT			5-day change	1st Jan Change
244.23 ^CAD	+1.30%		+2.68%	+4.38%

Apr. 18	RBC 1-5 Year Laddered Canadian Bond ETF announces Monthly dividend, payable on April 30, 2026	CI
Apr. 18	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF announces Monthly dividend, payable on April 30, 2026	CI

Canada's RBC sets CEO McKay's 2025 salary at $16 million

Published on 03/05/2026 at 01:46 pm EST - Modified on 03/05/2026 at 01:52 pm EST

Reuters

ROYAL BANK OF CANADA

+1.30%

Canada's RBC sets CEO McKay's 2025 salary at $16 million

March 5 (Reuters) - Royal Bank of Canada set CEO Dave McKay's 2025 total compensation at C$22.09 million ($16.12 million), 30% above his compensation target for the year, according to a regulatory filing on Thursday.

* RBC, Canada's biggest bank by market capitalisation, notedMcKay's role in delivering strong results in the backdrop ofmajor shifts in global trade and geopolitics. * The bank generated earnings of C$20.4 billion in 2025, up25% from the previous year. * McKay was handed a C$20.5 million salary in 2024,excluding a one-time C$4 million stock award linked tointegration of the HSBC Canada acquisition. * McKay's 2025 salary was 8% higher than 2024. * McKay, 62, has been at the helm of RBC since 2014 and isone of the longest tenured CEOs among the bank's Canadian andU.S. peers. * McKay's 2026 compensation target remains unchanged at C$17million.

($1 = 1.3700 Canadian dollars)

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shinjini Ganguli)

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Chart Royal Bank of Canada

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RY: Dynamic Chart

Company Profile

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.

Employees

97,469

Sector

Banks

Calendar

Apr. 23 - Ex-dividend date - 1.64 CAD

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