Royal Bank of Canada Future Growth
Future criteria checks 1/6
Royal Bank of Canada is forecast to grow earnings and revenue by 3% and 5.3% per annum respectively while EPS is expected to grow by 2.7% per annum.
Key information
3.0%
Earnings growth rate
2.7%
EPS growth rate
Banks earnings growth | 6.4% |
Revenue growth rate | 5.3% |
Future return on equity | n/a |
Analyst coverage | Good |
Last updated | 18 Sep 2023 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
10/31/2025 | 60,166 | 15,671 | N/A | N/A | 3 |
10/31/2024 | 56,722 | 15,492 | N/A | N/A | 10 |
10/31/2023 | 53,341 | 14,848 | N/A | N/A | 10 |
7/31/2023 | 53,541 | 14,370 | -24,064 | -21,331 | N/A |
4/30/2023 | 51,460 | 14,075 | -41,345 | -38,583 | N/A |
1/31/2023 | 50,102 | 14,676 | -53,908 | -51,300 | N/A |
10/31/2022 | 48,501 | 15,547 | -89,091 | -86,591 | N/A |
7/31/2022 | 48,918 | 15,557 | -64,483 | -62,107 | N/A |
4/30/2022 | 50,422 | 16,277 | -75,324 | -72,920 | N/A |
1/31/2022 | 50,574 | 16,033 | -51,905 | -49,558 | N/A |
10/31/2021 | 50,446 | 15,781 | -30,018 | -27,832 | N/A |
7/31/2021 | 48,508 | 15,135 | -20,418 | -18,293 | N/A |
4/30/2021 | 47,457 | 14,030 | 25,383 | 27,434 | N/A |
1/31/2021 | 43,246 | 11,512 | -4,879 | -2,566 | N/A |
10/31/2020 | 42,830 | 11,164 | 9,364 | 11,993 | N/A |
7/31/2020 | 43,036 | 11,128 | 11,155 | 13,840 | N/A |
4/30/2020 | 41,910 | 11,193 | -23,836 | -21,208 | N/A |
1/31/2020 | 45,480 | 12,934 | -31,025 | -28,580 | N/A |
10/31/2019 | 44,138 | 12,591 | -37,804 | -35,543 | N/A |
7/31/2019 | 43,583 | 12,630 | -53,665 | -51,461 | N/A |
4/30/2019 | 43,143 | 12,464 | -34,435 | -32,193 | N/A |
1/31/2019 | 41,850 | 12,282 | -41,624 | -39,440 | N/A |
10/31/2018 | 41,269 | 12,115 | -33,005 | -31,025 | N/A |
7/31/2018 | 41,242 | 11,696 | -26,985 | -25,125 | N/A |
4/30/2018 | 40,331 | 11,372 | -15,896 | -14,329 | N/A |
1/31/2018 | 40,661 | 11,117 | -328 | 1,136 | N/A |
10/31/2017 | 39,519 | 11,128 | 3,065 | 4,429 | N/A |
7/31/2017 | 38,527 | 10,829 | 15,361 | 16,655 | N/A |
4/30/2017 | 38,696 | 10,923 | N/A | -12,175 | N/A |
1/31/2017 | 37,652 | 10,685 | N/A | 39,362 | N/A |
10/31/2016 | 37,249 | 10,111 | N/A | 7,925 | N/A |
7/31/2016 | 35,677 | 10,168 | N/A | 885 | N/A |
4/30/2016 | 34,298 | 9,766 | N/A | -13,964 | N/A |
1/31/2016 | 33,780 | 9,706 | N/A | -44,415 | N/A |
10/31/2015 | 34,205 | 9,734 | N/A | -62,830 | N/A |
7/31/2015 | 34,517 | 9,491 | N/A | -69,622 | N/A |
4/30/2015 | 34,666 | 9,389 | N/A | -48,075 | N/A |
1/31/2015 | 34,150 | 9,086 | N/A | -47,446 | N/A |
10/31/2014 | 32,844 | 8,697 | N/A | -37,165 | N/A |
7/31/2014 | 32,492 | 8,441 | N/A | -37,813 | N/A |
4/30/2014 | 30,686 | 8,341 | N/A | -43,973 | N/A |
1/31/2014 | 30,084 | 8,039 | N/A | -57,032 | N/A |
10/31/2013 | 29,445 | 7,991 | N/A | -34,772 | N/A |
7/31/2013 | 28,996 | 7,798 | N/A | -32,027 | N/A |
4/30/2013 | 29,527 | 7,753 | N/A | -16,285 | N/A |
1/31/2013 | 28,673 | 7,405 | N/A | -19,193 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RY.PRT's forecast earnings growth (3% per year) is above the savings rate (2.2%).
Earnings vs Market: RY.PRT's earnings (3% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: RY.PRT's earnings are forecast to grow, but not significantly.
Revenue vs Market: RY.PRT's revenue (5.3% per year) is forecast to grow slower than the US market (8.1% per year).
High Growth Revenue: RY.PRT's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RY.PRT's Return on Equity is forecast to be high in 3 years time