← ROYAL BANK OF CANADA

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net income — $11.5b $12.4b $12.9b $11.4b $16.1b $15.8b $14.9b $16.2b $20.4b
Net Income From Continuing Operations — — — — — — $15.8b $14.6b $16.2b $20.4b
Other Adjustments To Reconcile Profit Loss — — $3.2b ($2.4b) ($8.6b) $9.2b $2.8b $1.3b ($16.4b) ($13.1b)
Depreciation — $600.0m $569.0m $627.0m $1.3b $1.3b $1.3b $1.3b $1.4b $1.3b
Amortization and impairment of other intangibles — $1.0b $1.1b $1.3b $1.3b $1.3b $1.4b $1.6b $1.6b $1.8b
Amortization Cash Flow — — — — — — $1.4b $1.6b $1.6b $1.8b
Amortization Of Intangibles — — — — — — $1.4b $1.6b $1.6b $1.8b
Depreciation Amortization Depletion — — — — — — $2.7b $2.9b $3.0b $3.1b
Adjustments For Deferred Tax Of Prior Periods — — $152.0m ($57.0m) $98.0m $74.0m $231.0m $125.0m ($383.0m) ($235.0m)
Deferred income taxes — $203.0m $459.0m ($519.0m) ($586.0m) $581.0m $569.0m ($995.0m) ($1.5b) ($216.0m)
Deferred Income Tax — — — — — — $569.0m ($1.0b) ($1.5b) ($216.0m)
Deferred Tax — — — — — — $569.0m ($1.0b) ($1.5b) ($216.0m)
Adjustments For Income Tax Expense — — ($2.7b) ($26.0m) $18.0m $1.7b ($3.3b) ($986.0m) $945.0m ($936.0m)
Losses (gains) on disposition of business — $2.0m ($40.0m) ($158.0m) $8.0m ($26.0m) ($100.0m) ($92.0m) $29.0m —
Earnings (Loss)es From Equity Investments — — — — — — ($108.0m) $221.0m $16.0m ($73.0m)
Additional Financial Items
Adjustments For Current Tax Of Prior Period — — ($212.0m) ($26.0m) ($106.0m) ($92.0m) ($230.0m) $851.0m $298.0m $106.0m
Goodwill — — $11.1b $11.2b $11.3b $10.9b $12.3b $12.6b $19.3b $19.4b
Interest Received Classified As Operating Activities — — $31.4b $39.5b $33.2b $26.4b $35.8b $81.1b $102.1b $100.5b
Payments Of Lease Liabilities Classified As Financing Activities — — — — $588.0m $621.0m $629.0m $655.0m $636.0m $788.0m
Provision for credit losses — $1.1b $1.3b $1.9b $4.4b ($753.0m) $484.0m $2.5b $3.2b $4.4b
(Income) loss from joint ventures and associates — — — — — — — — $16.0m ($73.0m)
Losses (gains) on investment securities — ($246.0m) ($149.0m) ($213.0m) ($218.0m) ($151.0m) ($43.0m) ($193.0m) ($170.0m) ($132.0m)
Insurance contract liabilities — $512.0m $218.0m $1.4b $814.0m $601.0m ($1.3b) $455.0m $3.2b $2.1b
Net change in accrued interest receivable and payable — ($90.0m) ($88.0m) $199.0m ($142.0m) ($509.0m) $333.0m $2.8b $1.7b ($1.9b)
Current income taxes — ($1.2b) ($2.7b) ($26.0m) $18.0m $1.7b ($3.3b) ($986.0m) $945.0m ($936.0m)
Derivative assets — $23.9b $984.0m ($7.5b) ($11.9b) $17.9b ($58.9b) $11.8b ($4.8b) ($26.6b)
Derivative liabilities — ($24.4b) ($1.9b) $8.3b $11.4b ($18.5b) $62.1b ($10.5b) $17.6b $20.2b
Trading securities — $23.6b $2.3b ($18.3b) $10.4b ($3.2b) ($8.9b) ($41.9b) $8.9b ($35.8b)
Loans — ($22.6b) ($41.5b) ($42.7b) ($45.6b) ($55.0b) ($102.7b) ($34.7b) ($55.0b) ($62.1b)
Assets purchased under reverse repurchase agreements and securities borrowed — ($34.7b) ($73.6b) ($12.4b) ($6.1b) $5.1b ($9.9b) ($22.3b) ($10.2b) $41.1b
Obligations related to assets sold under repurchase agreements and securities loaned — $39.6b $63.7b $19.8b $47.6b ($12.0b) $11.7b $61.3b ($35.6b) ($15.8b)
Obligations related to securities sold short — ($20.4b) $2.2b $2.8b ($5.8b) $8.6b ($2.3b) ($1.9b) $727.0m $14.6b
Deposits — $33.3b $48.7b $49.8b $126.8b $88.9b $108.5b $44.0b $91.6b $106.1b
Brokers and dealers receivable and payable — $601.0m $147.0m ($480.0m) $2.3b $35.0m $4.6b ($2.4b) ($304.0m) ($107.0m)
Other — $5.6b $3.2b ($2.4b) ($8.6b) $9.2b $2.8b $1.3b ($16.4b) ($13.1b)
Change in interest-bearing deposits with banks — ($4.8b) ($3.8b) ($1.9b) ($676.0m) ($40.6b) ($28.4b) $18.7b $5.1b $15.7b
Net acquisitions of premises and equipment and other intangibles — ($1.4b) ($2.0b) ($2.3b) ($2.6b) ($2.2b) ($2.5b) ($2.7b) ($2.3b) ($2.2b)
Net proceeds from (cash transferred for) dispositions — — — — — $78.0m ($313.0m) $1.7b $15.0m —
Cash used in acquisitions, net of cash acquired — — — — — — ($2.0b) — ($12.7b) —
Issuance of subordinated debentures — — — $1.5b $2.8b $2.8b $1.0b $1.5b $3.2b $3.0b
Repayment of subordinated debentures — ($119.0m) — ($1.1b) ($3.0b) ($2.5b) ($192.0m) ($170.0m) ($1.5b) ($2.8b)
Issue of common shares, net of issuance costs — $199.0m $72.0m $105.0m $70.0m $90.0m $51.0m $65.0m $159.0m $72.0m
Common shares purchased for cancellation — ($3.1b) ($1.5b) ($1.0b) ($814.0m) — ($5.4b) — ($140.0m) ($2.8b)
Issue of preferred shares and other equity instruments, net of issuance costs — — — $350.0m $1.7b $2.2b $749.0m — $2.7b $4.9b
Redemption of preferred shares and other equity instruments — — — ($950.0m) ($1.5b) ($1.5b) ($155.0m) — ($1.0b) ($2.4b)
Sales of treasury shares and other equity instruments — $4.5b $5.7b $5.5b $4.8b $4.8b $5.5b $4.2b $6.7b $10.7b
Purchases of treasury shares and other equity instruments — ($4.5b) ($5.7b) ($5.6b) ($4.9b) ($4.7b) ($5.7b) ($4.1b) ($6.5b) ($10.7b)
Change in short-term borrowings of subsidiaries — ($30.0m) — ($263.0m) $13.0m ($14.0m) $9.6b ($5.1b) ($4.5b) $2.8b
Repayment of lease liabilities — — — — ($588.0m) ($621.0m) ($629.0m) ($655.0m) ($636.0m) ($788.0m)
Net change in cash and due from banks — $13.5b $1.8b ($3.9b) $92.6b ($5.0b) ($41.4b) ($10.4b) ($5.3b) ($19.7b)
Cash and due from banks at beginning of period $14.9b $28.4b $30.2b $26.3b $118.9b $113.8b $72.4b $62.0b $56.7b $37.0b
Amount of interest received — $25.6b $31.4b $39.5b $33.2b $26.4b $35.8b $81.1b $102.1b $100.5b
Beginning Cash Position — — — — — — $113.8b $72.4b $62.0b $56.7b
Cash Flow From Continuing Financing Activities — — — — — — ($2.2b) ($9.8b) ($8.1b) ($6.7b)
Cash Flow From Continuing Investing Activities — — — — — — ($57.1b) ($28.3b) ($20.9b) ($68.6b)
Change In Other Working Capital — — — — — — $103.5b $3.0b $103.1b $64.6b
Change In Working Capital — — — — — — $2.7b $7.2b $2.3b $27.8b
Changes In Cash — — — — — — ($37.3b) ($12.0b) ($5.9b) ($20.1b)
End Cash Position — — — — — — $72.4b $62.0b $56.7b $37.0b
Financing Cash Flow — — — — — — ($2.2b) ($9.8b) ($8.1b) ($6.7b)
Free Cash Flow — — — — — — $19.4b $23.3b $20.9b $53.0b
Gain Loss On Investment Securities — — — — — — ($43.0m) ($193.0m) ($170.0m) ($132.0m)
Gain Loss On Sale Of Business — — — — — — ($100.0m) ($92.0m) $29.0m $0
Investing Cash Flow — — — — — — ($57.1b) ($28.3b) ($20.9b) ($68.6b)
Issuance Of Capital Stock — — — — — — $6.3b $4.2b $9.6b $15.7b
Net Business Purchase And Sale — — — — — — ($2.4b) $1.7b ($12.7b) $0
Net PPE Purchase And Sale — — — — — — ($2.5b) ($2.7b) ($2.3b) ($2.2b)
Net Preferred Stock Issuance — — — — — — $594.0m $0 $1.7b $2.6b
Operating Gains Losses — — — — — — ($251.0m) ($64.0m) ($125.0m) ($205.0m)
Preferred Stock Issuance — — — — — — $749.0m $0 $2.7b $4.9b
Preferred Stock Payments — — — — — — ($155.0m) $0 ($1.0b) ($2.4b)
Purchase Of Business — — — — — — ($2.4b) $0 ($12.7b) $0
Purchase Of PPE — — — — — — ($2.5b) ($2.7b) ($2.3b) ($2.2b)
Repurchase Of Capital Stock — — — — — — ($11.3b) ($4.1b) ($7.7b) ($15.8b)
Sale Of Business — — — — — $78.0m — $1.7b $15.0m $0
Profit or Loss — — $12.4b $12.9b $11.4b $16.1b $15.8b $14.9b $16.2b $20.4b
Capital Expenditure — — — — — — ($2.5b) ($2.7b) ($2.3b) ($2.2b)
Purchases of investment securities — ($61.6b) ($59.3b) ($72.4b) ($149.5b) ($123.5b) ($123.0b) ($202.5b) ($193.3b) ($314.4b)
Net Investment Purchase And Sale — — — — — — ($23.8b) ($46.0b) ($11.0b) ($82.0b)
Purchase Of Investment — — — — — — ($123.0b) ($202.5b) ($193.3b) ($314.4b)
Proceeds from sales and maturities of investment securities — — $57.1b $65.4b $113.3b $108.9b $99.1b $156.5b $182.3b $232.4b
Sale Of Investment — — — — — — $99.1b $156.5b $182.3b $232.4b
Net cash from (used in) investing activities — ($15.5b) ($8.0b) ($11.1b) ($39.6b) ($57.3b) ($57.1b) ($28.3b) ($20.9b) ($68.6b)
Issuance Of Debt — — — — — — $1.0b $1.5b $3.2b $3.0b
Long Term Debt Issuance — — — — — — $1.0b $1.5b $3.2b $3.0b
Net Issuance Payments Of Debt — — — — — — $9.8b ($4.4b) ($3.4b) $2.3b
Net Long Term Debt Issuance — — — — — — $179.0m $675.0m $1.1b ($547.0m)
Net Short Term Debt Issuance — — — — — — $9.6b ($5.1b) ($4.5b) $2.8b
Long Term Debt Payments — — — — — — ($821.0m) ($825.0m) ($2.1b) ($3.5b)
Repayment Of Debt — — — — — — ($821.0m) ($825.0m) ($2.1b) ($3.5b)
Common Stock Issuance — — — — — — $5.5b $4.2b $6.9b $10.8b
Net Common Stock Issuance — — — — — — ($5.6b) $164.0m $209.0m ($2.7b)
Common Stock Payments — — — — — — ($11.1b) ($4.1b) ($6.7b) ($13.5b)
Dividends Paid Classified As Financing Activities — — $6k $6k $6k $6k $7k — — —
Dividends paid on shares and distributions paid on other equity instruments — — — ($6k) ($6k) ($6k) ($7k) ($6k) ($7k) ($9k)
Amount of dividends received — $2k $2k $2k $3k $3k $3k $3k $4k $4k
Cash Dividends Paid — — — — — — ($7.0b) ($5.5b) ($6.6b) ($8.8b)
Net Other Financing Charges — — — — — — ($5.0m) ($21.0m) ($6.0m) ($39.0m)
Net cash from (used in) financing activities — ($8.7b) ($7.7b) ($7.5b) ($7.7b) ($5.9b) ($2.2b) ($9.8b) ($8.1b) ($6.7b)
Effect of exchange rate changes on cash and due from banks — ($138.0m) $66.0m $419.0m $1.1b ($2.8b) ($4.2b) $1.6b $628.0m $361.0m
Effect Of Exchange Rate Changes — — — — — — ($4.2b) $1.6b $628.0m $361.0m
Change In Cash Supplemental As Reported — — — — — — ($41.4b) ($10.4b) ($5.3b) ($19.7b)
Interest Paid Classified As Operating Activities — $8.8b $13.5b $20.0b $13.1b $7.6b $13.7b $54.7b $73.6b $71.0b
Income Taxes Paid Refund Classified As Operating Activities — $4.7b $5.8b $3.0b $2.9b $4.2b $7.3b $5.0b $3.4b $6.1b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.