Financials Royal Bank of Canada

Equities

RY

CA7800871021

Banks

Market Closed - Toronto S.E. Other stock markets 04:54:25 2025-01-10 pm EST			5-day change	1st Jan Change
170.92 ^CAD	-2.03%		-1.72%	-1.38%

Jan. 10	UBS January Guidance Tracker on Canadian Banks	MT
Jan. 09	Royal Bank of Canada, Cohere to Build AI Solutions for Financial Services	MT

Projected Income Statement: Royal Bank of Canada

income-statement-evolution-chart ROYAL-BANK-OF-CANADA

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	47,181	49,693	48,985	56,129	57,344	62,070	65,258	-
Change	-	5.32%	-1.42%	14.58%	2.16%	8.24%	5.14%	-100%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	18,740	19,878	20,593	21,897	24,646	27,084	28,847	-
Change	-	6.07%	3.6%	6.33%	12.55%	9.89%	6.51%	-100%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	14,389	20,631	20,109	18,466	19,862	23,122	24,309	-
Change	-	43.38%	-2.53%	-8.17%	7.56%	16.41%	5.13%	-100%
Net income ¹	11,164	16,038	15,547	14,623	15,908	16,787	18,039	16,190
Change	-	43.66%	-3.06%	-5.94%	8.79%	5.53%	7.46%	-10.25%
Announcement Date	12/2/20	12/1/21	11/30/22	11/30/23	12/4/24	-	-	-

¹CAD in Million

Estimates

Fiscal Period: October	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	12,836	10,333	12,920	11,092	12,943	11,618	12,756	12,376	13,066	11,220	12,132	12,567	15,094	13,520	14,489	13,026	13,485	14,154	14,631	15,074	15,425	15,290	15,677	15,714	15,927	15,874	16,328	16,330
Change	-	-19.5%	25.04%	-14.15%	16.69%	-10.24%	9.8%	-2.98%	5.58%	-14.13%	8.13%	3.59%	20.11%	-10.43%	7.17%	-10.1%	3.52%	4.96%	3.37%	3.03%	2.33%	-0.88%	2.53%	0.24%	1.36%	-0.34%	2.86%	0.01%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	4,844	4,568	4,755	4,573	4,995	5,090	5,032	4,761	5,500	5,000	4,896	5,242	6,871	5,158	5,440	5,328	5,200	6,155	6,346	6,353	6,677	6,626	6,922	6,866	6,861	6,921	7,142	7,041
Change	-	-5.7%	4.09%	-3.83%	9.23%	1.9%	-1.14%	-5.39%	15.52%	-9.09%	-2.08%	7.07%	31.08%	-24.93%	5.47%	-2.06%	-2.4%	18.37%	3.1%	0.11%	5.1%	-0.76%	4.47%	-0.81%	-0.08%	0.87%	3.19%	-1.41%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,425	1,738	4,080	4,146	4,885	5,186	5,572	4,988	5,384	5,308	4,556	4,861	5,342	4,420	4,633	4,071	4,348	4,926	5,373	5,215	5,757	5,787	6,077	5,845	6,142	6,215	6,400	6,288
Change	-	-60.72%	134.75%	1.62%	17.82%	6.16%	7.44%	-10.48%	7.94%	-1.41%	-14.17%	6.69%	9.9%	-17.26%	4.82%	-12.13%	6.8%	13.29%	9.07%	-2.94%	10.39%	0.52%	5.01%	-3.82%	5.08%	1.19%	2.98%	-1.75%
Net income ¹	3,439	1,420	3,132	3,173	3,787	3,938	4,237	3,887	4,039	4,253	3,517	3,809	3,168	3,581	3,812	4,062	3,522	3,881	4,377	4,128	4,581	4,541	4,705	4,534	4,679	4,736	4,881	4,793
Change	-	-58.71%	120.56%	1.31%	19.35%	3.99%	7.59%	-8.26%	3.91%	5.3%	-17.31%	8.3%	-16.83%	13.04%	6.45%	6.56%	-13.29%	10.19%	12.78%	-5.69%	10.98%	-0.87%	3.59%	-3.62%	3.19%	1.22%	3.06%	-1.8%
Announcement Date	2/21/20	5/27/20	8/26/20	12/2/20	2/24/21	5/27/21	8/25/21	12/1/21	2/24/22	5/26/22	8/24/22	11/30/22	3/1/23	5/25/23	8/24/23	11/30/23	2/28/24	5/30/24	8/28/24	12/4/24	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Royal Bank of Canada

balance-sheet-analysis-chart ROYAL-BANK-OF-CANADA

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	12/2/20	12/1/21	11/30/22	11/30/23	12/4/24	-	-	-

Estimates

Cash Flow Forecast: Royal Bank of Canada

Fiscal Period: October	2019	2020	2021	2022	2023	2024
CAPEX ¹	2,261	2,629	2,186	2,500	2,730	2,280
Change	-	16.28%	-16.85%	14.36%	9.2%	-16.48%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	12/4/19	12/2/20	12/1/21	11/30/22	11/30/23	12/4/24

¹CAD in Million

Estimates

Forecast Financial Ratios: Royal Bank of Canada

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	39.72%	40%	42.04%	39.01%	42.98%	43.63%	44.2%	-
EBT Margin (%)	-	30.5%	41.52%	41.05%	32.9%	34.64%	37.25%	37.25%	-
Net margin (%)	-	23.66%	32.27%	31.74%	26.05%	27.74%	27.05%	27.64%	-
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.75%	0.96%	0.87%	0.76%	0.83%	0.81%	0.81%	0.7%
ROE	-	14.2%	18.6%	16.4%	13.17%	15.5%	14.94%	14.71%	12.2%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	4.29	4.32	4.96	5.34	5.6	6.026	6.433	6.49
Change	-	-	0.7%	14.81%	7.66%	4.87%	7.6%	6.76%	0.89%
Book Value Per Share ¹	-	60.92	64.57	72.85	84.01	89.85	89.47	95.17	93.35
Change	-	-	5.98%	12.82%	15.32%	6.94%	-0.42%	6.36%	-1.91%
EPS ¹	-	7.82	11.06	11.06	10.5	11.25	12.19	13.39	11.63
Change	-	-	41.43%	0%	-5.06%	7.14%	8.36%	9.81%	-13.12%
Nbr of stocks (in thousands)	-	1,422,624	1,424,676	1,391,712	1,401,394	1,414,456	1,415,000	1,415,000	1,415,000
Announcement Date	-	12/2/20	12/1/21	11/30/22	11/30/23	12/4/24	-	-	-