Royal Bank of Canada (RY)

Royal Bank of Canada Cash Flow Statement

Financials in millions CAD. Fiscal year is November - October.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Net Income	20,362	16,230	14,605	15,794	16,038
Depreciation & Amortization	1,898	1,825	1,696	1,521	1,527
Other Amortization	1,147	1,088	1,139	1,113	1,036
Gain (Loss) on Sale of Assets	-	29	-92	-100	-26
Gain (Loss) on Sale of Investments	-132	-170	-191	-151	-278
Total Asset Writedown	34	68	19	18	29
Provision for Credit Losses	4,362	3,232	2,468	484	-753
Change in Trading Asset Securities	-62,361	4,089	-30,120	-67,829	14,783
Accrued Interest Receivable	-1,880	1,674	2,838	333	-509
Change in Income Taxes	-936	945	-1,008	-3,336	1,738
Change in Other Net Operating Assets	-13,077	-95,964	-8,473	-35,020	-62,010
Other Operating Activities	-209	-1,519	-1,011	582	593
Operating Cash Flow	-50,865	-68,457	-17,911	-86,591	-27,832
Capital Expenditures	-2,243	-2,280	-2,730	-2,500	-2,186
Sale of Property, Plant and Equipment	-	-	-	-	78
Cash Acquisitions	-	-12,716	-	-2,047	-
Investment in Securities	-66,326	-5,906	-27,247	-52,194	-55,240
Income (Loss) Equity Investments	-73	16	219	-	-
Divestitures	-	15	1,712	-	-
Other Investing Activities	-	-	-	-313	-
Investing Cash Flow	-68,569	-20,887	-28,265	-57,054	-57,348
Short-Term Debt Issued	2,804	-	-	9,609	-
Long-Term Debt Issued	2,991	3,250	1,500	1,000	2,750
Total Debt Issued	5,795	3,250	1,500	10,609	2,750
Short-Term Debt Repaid	-	-4,507	-5,102	-	-14
Long-Term Debt Repaid	-3,538	-2,136	-825	-821	-3,121
Total Debt Repaid	-3,538	-6,643	-5,927	-821	-3,135
Net Debt Issued (Repaid)	2,257	-3,393	-4,427	9,788	-385
Issuance of Common Stock	10,771	6,876	4,239	5,525	4,853
Repurchase of Common Stock	-13,495	-6,667	-4,075	-11,127	-4,743
Preferred Stock Issued	4,945	2,702	-	749	2,245
Preferred Share Repurchases	-2,350	-1,021	-	-155	-1,475
Common Dividends Paid	-8,306	-6,315	-5,313	-6,713	-6,163
Preferred Dividends Paid	-494	-322	-236	-247	-257
Total Dividends Paid	-8,800	-6,637	-5,549	-6,960	-6,420
Net Increase (Decrease) in Deposit Accounts	106,085	91,596	43,990	108,533	88,876
Other Financing Activities	-39	-6	-21	-5	-3
Financing Cash Flow	99,374	83,450	34,157	106,348	82,948
Foreign Exchange Rate Adjustments	361	628	1,611	-4,152	-2,810
Net Cash Flow	-19,699	-5,266	-10,408	-41,449	-5,042
Free Cash Flow	-53,108	-70,737	-20,641	-89,091	-30,018
Free Cash Flow Margin	-85.32%	-130.72%	-42.13%	-183.69%	-59.50%
Free Cash Flow Per Share	-37.62	-50.03	-14.82	-63.36	-21.04
Cash Interest Paid	70,976	73,639	54,698	13,677	7,555
Cash Income Tax Paid	6,087	3,410	4,964	7,326	4,198

Updated Dec 3, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q