Royal Bank Of Canada
According to market capitalization, Royal Bank of Canada is the biggest bank in Canada and an international provider of financial services. With more than 89,000 employees worldwide, the bank serves more than 17 million customers. It was established in Halifax, Nova Scotia, in 1864, and now has offices in both Toronto and Montreal. The institution ID for RBC is 003. RBC was included on the Financial Stability Board's list of internationally significant banks in November 2017.
With 1,209 branches across Canada, the bank's personal and business banking divisions are known as RBC Royal Bank in English and RBC Banque Royale in French, and they provide services to about 10 million customers.
The market capitalization of Royal Bank of Canada was $136.10 billion as of April 2023. By market cap, this places Royal Bank of Canada as the 89th most valuable corporation in the world. The most recent financial reports from Royal Bank of Canada show that the company's current revenue (TTM) is $38.54 billion. The company's revenue dropped from $39.67 billion in 2021 to $37.5 billion in 2022.
Founded: 1864
Headquarters: Montreal, Quebec, CanadaToronto, Ontario, Canada
Website: rbc.com