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Largest Canadian companies 2019, by market capitalization

As of August 2019, the market capitalization of the Royal Bank of Canada amounted to 140 billion Canadian dollars, which placed the company on the top of the ranking. It is worth noting that three out of the top five companies were banks in that year.

What is market capitalization?

Market capitalization is one of the measures of the financial strength of a company. It shows the value of shares outstanding of a publicly traded company. It is basically calculated by multiplying the number of shares traded on a stock exchange by the price of a single share.

Worldwide rankings

In the United States, JP Morgan Chase bank had the largest market cap among the U.S. banks, amounting to 336.38 billion U.S. dollars in January 2019. The bank was also the leader of global ranking. ICBC (Industrial and Commercial Bank of China) was the second largest global bank in terms of market cap. Bank of America was ranked third. The first five places were divided between three American and two Chinese banks.

Leading companies in Canada as of August 2019, by market capitalization

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Release date

February 2020



Survey time period

as of August 23, 2019

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Statistics on "Banking industry in Canada"

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