RBC: net income by segment 2022

Royal Bank of Canada (RBC) increased their net income from 2021 to 2022 in personal and commercial banking, wealth management, and investor and treasury services segment. The largest segment was personal and commercial banking, where the net income increased from around 5.1 billion Canadian dollars in 2020 up to around 8.37 billion Canadian dollars in 2022.

Net income of Royal Bank of Canada (RBC) from 2020 to 2022, by segment (in million Canadian dollars)

Characteristic	2020	2021	2022
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Release date

November 2022

More information

Region

Worldwide

Survey time period

2020 to 2022

Supplementary notes

*The source adds the following information: "effective Q4 2021, gains (losses) on economic hedges of our U.S. share-based compensation plans, which are reflected in revenue, and related variability in share-based compensation expense driven by changes in the fair value of liabilities relating to our U.S. share-based compensation plans have been reclassified from our wealth management segment to corporate support. Comparative amounts have been reclassified to conform with this presentation. "

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