Royal Historical Income Statement

RY Stock  CAD 136.41  0.48  0.35%   
Historical analysis of Royal Bank income statement accounts such as Gross Profit of 58.9 B, Operating Income of 46.1 B, EBIT of 46.1 B or Ebitda of 49.3 B can show how well Royal Bank of performed in making a profits. Evaluating Royal Bank income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Royal Bank's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Royal Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Royal Bank is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

About Royal Income Statement Analysis

Royal Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Royal Bank shareholders. The income statement also shows Royal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Royal Bank Income Statement Chart

Royal Bank of Income Statement is one of the three primary financial statements used for reporting Royal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Royal Bank revenue and expense. Royal Bank Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Royal Bank's EBIT is very stable compared to the past year. As of the 24th of April 2024, EBITDA is likely to grow to about 49.3 B, while Total Other Income Expense Net is likely to drop (17 B).

Total Revenue

Total revenue comprises all receipts Royal Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Royal Bank of minus its cost of goods sold. It is profit before Royal Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Royal Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Royal Bank of is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Royal Bank's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Royal Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Royal Bank's EBIT is very stable compared to the past year. As of the 24th of April 2024, EBITDA is likely to grow to about 49.3 B, while Total Other Income Expense Net is likely to drop (17 B).
 2021 2023 2024 (projected)
Interest Expense18.1B71.1B74.7B
Depreciation And Amortization2.7B3.0B3.2B

Royal Bank income statement Correlations

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Click cells to compare fundamentals

Royal Bank Account Relationship Matchups

Royal Bank income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.2B1.3B2.6B2.7B3.0B3.2B
Interest Expense14.0B8.1B18.1B61.9B71.1B74.7B
Selling General Administrative18.9B20.4B18.3B23.0B26.4B27.8B
Total Revenue47.1B49.5B48.8B56.3B64.7B67.9B
Gross Profit45.9B47.1B49.5B48.8B56.1B58.9B
Operating Income37.5B28.4B28.8B38.2B43.9B46.1B
Ebit37.5B28.4B28.8B38.2B43.9B46.1B
Ebitda38.7B29.7B31.4B40.8B46.9B49.3B
Income Before Tax14.4B20.6B20.1B18.5B21.2B22.3B
Total Other Income Expense Net(21.6B)(14.0B)(8.1B)(18.0B)(16.2B)(17.0B)
Net Income11.4B16.0B15.8B14.9B17.1B17.9B
Income Tax Expense3.0B3.0B4.6B4.3B4.9B5.2B
Other Operating Expenses6.6B6.0B6.1B4.2B4.9B6.0B
Net Income From Continuing Ops11.4B16.1B15.8B14.9B17.1B13.7B
Net Income Applicable To Common Shares12.6B11.2B15.8B15.5B17.9B13.1B
Minority Interest103M(12M)(13M)(7M)(6.3M)(6.0M)
Tax Provision3.0B4.6B4.3B3.6B4.1B3.7B
Net Interest Income20.8B20.0B22.7B25.1B28.9B21.4B
Interest Income34.9B28.1B40.8B87.0B100.0B105.0B
Reconciled Depreciation2.6B2.6B2.7B2.9B3.3B2.5B

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When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Of Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Please note, there is a significant difference between Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.