Royal Historical Income Statement

RY Stock  USD 125.09  3.30  2.71%   
Historical analysis of Royal Bank income statement accounts such as Gross Profit of 1.4 B, Other Operating Expenses of 315.9 M or Operating Income of 650.8 M 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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.

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

At this time, Royal Bank's Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 22.3 M in 2024, whereas Interest Expense is likely to drop 0.00 in 2024.

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Royal Bank. It is also known as Royal Bank overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Royal Bank's Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 22.3 M in 2024, whereas Interest Expense is likely to drop 0.00 in 2024.
 2020 2021 2022 2024 (projected)
Operating Income20.6B38.2B20.0B650.8M
Other Operating Expenses28.9B10.6B35.2B315.9M

Royal Bank income statement Correlations

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0.320.930.860.90.640.37-0.130.830.160.850.730.850.11-0.280.210.320.060.42
0.40.850.790.880.640.690.430.880.230.890.80.890.28-0.40.540.410.040.49
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0.310.0-0.090.18-0.130.430.080.060.340.07-0.010.070.53-0.490.580.330.090.23
0.190.970.980.880.830.880.790.06-0.061.00.971.0-0.03-0.10.290.2-0.120.35
0.630.06-0.180.380.160.23-0.530.34-0.06-0.01-0.27-0.010.81-0.950.640.650.490.51
0.230.980.970.910.850.890.760.071.0-0.010.961.00.01-0.150.320.24-0.080.38
0.050.910.960.750.730.80.88-0.010.97-0.270.960.96-0.180.10.180.04-0.240.23
0.230.980.970.910.850.890.760.071.0-0.011.00.960.01-0.150.320.24-0.080.38
0.710.06-0.150.350.110.28-0.40.53-0.030.810.01-0.180.01-0.880.70.620.40.57
-0.78-0.210.03-0.52-0.28-0.40.38-0.49-0.1-0.95-0.150.1-0.15-0.88-0.78-0.76-0.55-0.66
0.770.280.120.490.210.54-0.020.580.290.640.320.180.320.7-0.780.760.530.76
0.870.290.120.50.320.41-0.160.330.20.650.240.040.240.62-0.760.760.820.95
0.8-0.02-0.140.150.060.04-0.350.09-0.120.49-0.08-0.24-0.080.4-0.550.530.820.76
0.920.420.280.570.420.490.010.230.350.510.380.230.380.57-0.660.760.950.76
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Royal Bank Account Relationship Matchups

Royal Bank income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.6B2.6B2.6B2.9B3.3B3.5B
Selling General Administrative18.7B18.9B20.4B18.3B23.0B416.7M
Total Revenue45.9B47.1B49.5B48.8B56.3B2.7B
Gross Profit45.9B47.1B49.5B48.8B56.3B1.4B
Other Operating Expenses30.0B32.7B28.9B10.6B35.2B315.9M
Operating Income15.9B14.4B20.6B38.2B20.0B650.8M
Ebit15.9B13.1B20.6B38.2B18.6B671.0M
Ebitda15.7B23.2B40.8B21.3B24.5B19.5B
Income Before Tax15.9B14.4B20.6B20.1B18.5B535.2M
Total Other Income Expense Net11M(1.3B)(1.3B)(1.4B)(1.5B)22.3M
Net Income12.9B11.4B16.0B15.8B14.9B357.9M
Income Tax Expense3.0B3.0B4.6B4.3B3.6B177.3M
Net Income From Continuing Ops12.9B11.4B16.1B15.8B14.9B357.9M
Net Income Applicable To Common Shares12.6B11.2B15.8B15.5B433.2M411.6M
Minority Interest103M(12M)(13M)(7M)(8.1M)(7.6M)
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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Additional Tools for Royal Stock Analysis

When running Royal Bank's price analysis, check to measure Royal Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.