The first bank of the Big Five, also the largest of the group is the Royal Bank of Canada (RBC). The bank is also a Canadian multinational financial services company, with a corporate headquarters in Toronto and its head office in Montreal. RBC was ranked 50th in the 2013 Forbes Global 2000 listing and was added to the Financial Stability Board's list of global systemically important banks in November 2017. Furthermore, RBC is a member of the Canadian Bankers Association as well as a registered member of the Canada Deposit Insurance Corporation, a federal organization that insures deposits at all chartered banks in Canada.

Royal Bank of Canada provides personal and commercial banking, wealth management, corporate and investment banking, insurance and trust, and asset management services to a wide range of clients, including individuals, small businesses, general commercial entities, etc. Any customer can have great services at the Royal Bank of Canada whether it's related to bank accounts, credit cards, loans, mortgages, or investments, etc. Especially, one of the biggest benefits of the bank is that its clients don't have to pay the monthly service charge, have unlimited free local RBC ATM withdrawals using RBC Visa Debit Card, unlimited free in-branch/cheque items, and make deposits and withdrawals from RBC Royal Bank ATMs at any branch, at any time day or night.

According to the Canadian Imperial Bank of Commerce's "Annual Report 2021", the Royal Bank of Canada has total assets of C$ 1,7 trillion, net revenue of around C$ 49.69 billion, and a market capitalization of C$ 197.93 billion. The bank has over 17 million clients worldwide, over 86,000 full-time employees, and over 1,300 branches.

Founded: 1864
Headquarters: Royal Bank Plaza, Toronto, Canada.
Website: https://www.rbc.com

Toronto - Dominion Bank is the second-largest bank of the Big Five, with a long history that goes back to 1955 when it was created through the merger of the Bank of Toronto and The Dominion Bank. The bank now is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. According to Standard & Poor's, TD Bank Group was among the top 10 banks in North America, and the world's 23rd largest bank. The Financial Stability Board labeled it a global systemically important bank in 2019.

As a leading corporate and investment bank, Toronto - Dominion Bank is best known for providing a wide range of integrated capital market products and services to corporations, governments, and institutions. The bank offers a variety of services including Checking Accounts, Savings Accounts, Credit Cards, Personal Loans, Home Lending, Special Offers, and many more.

Moreover, customers have access to a robust set of digital banking features, including Zelle, remote check deposit, and online bill pay while using TD's services. Many say one of the best services that TD offers is that if you report a missing debit card, the bank could replace and provide a new card within a day of your report.

According to the Canadian Imperial Bank of Commerce's "Annual Report 2021", the Toronto - Dominion Bank has total assets of C$ 1,7 trillion, net revenue of around C$ 42.69 billion, and a market capitalization of C$ 185.86 billion. The bank has over 9.6 million clients worldwide, 25,000 employees, and over 1,100 branches.

Founded: 1955
Headquarters: Toronto-Dominion Centre, Toronto, Canada.
Website: https://www.td.com

Bank of Nova Scotia, also known as Scotiabank is the next largest bank in the Big Five, and the second-oldest one in the group. Since being created in 1832, Scotiabank has positioned itself as "Canada's most international bank" as a result of acquisitions largely in Latin America and the Caribbean, as well as in Europe and portions of Asia. The bank is also a member of the London Bullion Market Association and participated in the 2016 London gold fixing. Furthermore, the bank has won numerous awards such as "Bank of the Year" (2005, 2007, 2008, 2009, 2010, 2013), and "Global Bank of the Year" in 2012 (Awarded by The Banker), just to name a few.

Bank of Nova Scotia has four main business lines including Canadian Banking, International Banking, Global Wealth & Insurance (GWI), and Global Banking & Markets. The bank offers a range of products and services including personal and commercial banking, wealth management, and corporate and investment banking.

According to the Canadian Imperial Bank of Commerce's "Annual Report 2021", the Bank of Nova Scotia has total assets of C$ 1,1 trillion, net revenue of around C$ 31.25 billion, and a market capitalization of C$ 110.89 billion. The bank has over 11 million customers in Canada, 10 million customers outside of Canada, 92,000 full-time employees, and over 900 branches in Canada.

Founded: 1832
Headquarters: Scotia Plaza, Toronto, Canada.
Website: https://www.scotiabank.com

Bank of Montreal (BMO) is the oldest bank in the Big Five. The bank was founded in Montreal, Quebec, Canada in 1817 as Montreal Bank, and now is among the eight largest banks in North America, the top 50 in the world, and is ranked at number 131 on the Forbes Global 2000 list. Furthermore, since 1829, the bank has not missed a dividend payment, paying dividends continuously during significant international crises such as World War I, the Great Depression, World War II, and the 2008 financial crisis; this makes the Bank of Montreal's dividend payment history one of the world's longest.

Bank of Montreal provides millions of customers across Canada and the United States with fully integrated personal and business banking solutions. These include deposit accounts, loans and credit cards, mutual fund and GIC investments, insurance products, and specialized investments. Moreover, the bank also provides online internet self-serve investing services for independent investors.

According to the Canadian Imperial Bank of Commerce's "Annual Report 2021", the Bank of Montreal has total assets of C$ 988.18 billion, net revenue of around C$ 27.19 billion, and a market capitalization of C$ 93.01 billion. The bank has over 8 million clients in Canada and almost 900 branches

Founded: 1817
Headquarters: First Canadian Place, Toronto, Canada.
Website: https://www.bmo.com

The last bank of the Big Five is the Canadian Imperial Bank of Commerce (CIBC). The Canadian Imperial Bank of Commerce was founded by the merging of the Canadian Bank of Commerce and the Imperial Bank of Canada in 1961, which was the largest merger of chartered banks in Canadian history. Similar to other banks in the Big Five, CIBC appears on the Forbes Global 2000 listing at number 172.

Besides Canada, the Canadian Imperial Bank of Commerce has international operations in the United States, the Caribbean, Asia, and the United Kingdom. Through three major businesses (Retail and Business Banking, Wealth Management, Capital Markets) and four strategic business units (Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking, Wealth Management, and Capital Markets), the bank provides a full range of financial products and services to millions of clients in Canada and around the world.

According to the Canadian Imperial Bank of Commerce's "Annual Report 2021", the Canadian Imperial Bank of Commerce has total assets of C$ 837.68 billion, net revenue of around C$ 20.02 billion, and a market capitalization of C$ 71.74 billion. The bank has over 11 million clients worldwide, 1,100 branches in Canada, and over 44,000 full-time employees worldwide.

Founded: 1961
Headquarters: CIBC Square, Toronto, Canada.
Website: https://www.cibc.com