Market Cap
RBC Market Capitalization:
Royal Bank of Canada
C$188.15 Billion
CAD as of Jan. 1, 2024
US$142.03 Billion
RBC Main Stock Listing
Top Competitors by Market Capitalization
Industry: Banks—Diversified
| Company | Market Cap (USD) |
|---|---|
JPMorgan
|
$495.55 B |
|
Bank of America
|
$267.48 B |
ICBC
|
$226.49 B |
|
Wells Fargo
|
$178.97 B |
|
Agricultural Bank of China
|
$178.47 B |
Sector: Financials
| Company | Market Cap (USD) |
|---|---|
|
Berkshire Hathaway
|
$797.77 B |
|
Visa
|
$530.20 B |
|
JPMorgan
|
$495.55 B |
|
Mastercard
|
$392.71 B |
|
Bank of America
|
$267.48 B |
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Company Description
The largest bank in Canada by market capitalization, the Royal Bank of Canada - RBC - is a multinational banking and financial services corporation. Founded in 1882, RBC is engaged in commercial banking, investment banking, and insurance throughout Canada; it has also developed branches in the United States as well as in seventeen Caribbean countries.
Canada
Stocks & Indices
Royal Bank of Canada has the following listings and related stock indices.
Stock: TSX: RY
Stock: BMV: RYN
Stock: FSX: RYC
Stock: NYSE: RY.PR.T
Stock: NYSE: RY-T
Stock: TSX: RY.PR.H
Stock: TSX: RY.PR.J
Stock: TSX: RY.PR.M
Stock: TSX: RY.PR.N
Stock: TSX: RY.PR.O
Stock: TSX: RY.PR.P
Stock: TSX: RY.PR.R
Stock: TSX: RY.PR.S
Stock: NYSE: RY
Stock: TSX: RY.PR.Z
What is a company's market capitalization?
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.