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Royal Bank of Canada (Royal Bank of Canada) Total Deposits

: $603,624 Mil (As of Jan. 2024)
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Royal Bank of Canada's annual total deposits declined from Oct. 2021 ($651,804 Mil) to Oct. 2022 ($590,534 Mil) but then increased from Oct. 2022 ($590,534 Mil) to Oct. 2023 ($592,906 Mil).

Royal Bank of Canada Total Deposits Historical Data

The historical data trend for Royal Bank of Canada's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Royal Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Deposits
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 473,294.41 574,848.69 651,803.93 590,534.01 592,906.21

Royal Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Deposits Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 586,112.35 573,323.20 597,786.69 592,906.21 603,623.63

Royal Bank of Canada Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Royal Bank of Canada (Royal Bank of Canada) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Royal Bank of Canada (NYSE:RY) » Definitions » Total Deposits
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TSX:TD TSX:BMO TSX:BNS TSX:CM TSX:NA JPM BAC SHSE:601398 WFC SHSE:601288 SHSE:601988 SHSE:601939 LSE:HSBA ASX:CBA C TSE:8306 XSWX:UBSG TSE:8316 XMAD:SAN ASX:NAB
Traded in Other Exchanges
RYC:Germany RYC:Germany RY.PR.S.PFD:Canada RY.PR.Z.PFD:Canada RY.PR.O.PFD:Canada RY.PR.N.PFD:Canada RY.PR.M.PFD:Canada RY.PR.J.PFD:Canada RY.PR.H.PFD:Canada RY:Canada
Address
1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9
Website
https://www.rbc.com
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.