Royal Bank of Canada (RY)

Royal Bank of Canada Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Net Income	21,023	20,369	16,240	14,612	15,807	16,050
Depreciation & Amortization	3,015	3,079	2,981	2,854	2,652	2,592
Provision for Credit Losses	4,402	4,362	3,232	2,468	484	-753
Net Change in Loans Held-for-Sale	-49,082	-62,098	-55,007	-34,688	-102,653	-54,987
Other Adjustments	-285	-421	-1,654	-1,082	318	277
Changes in Trading Assets	-57,568	-62,361	4,089	-30,120	-67,829	14,783
Changes in Securities Borrowed	651	41,120	-10,168	-22,346	-9,942	5,112
Changes in Trading Liabilities	24,914	18,990	-17,261	48,979	71,468	-21,962
Changes in Accounts Payable	2,008	-107	-304	-2,444	4,612	35
Changes in Other Operating Activities	112,886	92,287	80,991	47,846	107,025	99,897
Operating Cash Flow	61,964	55,220	23,139	26,079	21,942	61,044
Operating Cash Flow Growth	10.78%	138.64%	-11.27%	18.85%	-64.05%	-56.03%
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	-5,149	15,656	5,066	18,743	-28,373	-40,618
Net Change in Securities and Investments	-71,883	-81,982	-10,972	-45,990	-23,821	-14,622
Payments for Business Acquisitions	-	-	-12,716	-	-2,047	-
Proceeds from Business Divestments	-	-	15	1,712	-313	78
Capital Expenditures	-2,159	-2,243	-2,280	-2,730	-2,500	-2,186
Investing Cash Flow	-79,191	-68,569	-20,887	-28,265	-57,054	-57,348
Long-Term Debt Issued	1,491	2,991	3,250	1,500	1,000	2,750
Long-Term Debt Repaid	-3,956	-3,538	-2,136	-825	-821	-3,121
Net Long-Term Debt Issued (Repaid)	-2,465	-547	1,114	675	179	-371
Issuance of Common Stock	11,422	10,771	6,876	4,239	5,525	4,853
Repurchase of Common Stock	-14,737	-13,495	-6,667	-4,075	-11,127	-4,743
Net Common Stock Issued (Repurchased)	-3,315	-2,724	209	164	-5,602	110
Issuance of Preferred Stock	4,910	4,945	2,702	-	749	2,245
Repurchase of Preferred Stock	-4,200	-2,350	-1,021	-	-155	-1,475
Net Preferred Stock Issued (Repurchased)	710	2,595	1,681	-	594	770
Common Dividends Paid	-8,996	-8,800	-6,637	-5,549	-6,960	-6,420
Other Financing Activities	7,305	2,765	-4,513	-5,123	9,604	-17
Financing Cash Flow	-6,761	-6,711	-8,146	-9,833	-2,185	-5,928
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-986	361	628	1,611	-4,152	-2,810
Net Cash Flow	-24,974	-19,699	-5,266	-10,408	-41,449	-5,042
Free Cash Flow	59,805	52,977	20,859	23,349	19,442	58,858
Free Cash Flow Growth	12.89%	153.98%	-10.66%	20.10%	-66.97%	-56.78%
FCF Margin	94.29%	85.11%	38.55%	47.65%	40.09%	116.67%
Free Cash Flow Per Share	42.49	37.53	14.75	16.77	13.83	41.25
Levered Free Cash Flow	102,299	110,580	75,392	57,319	121,459	113,938
Unlevered Free Cash Flow	83,747	90,765	58,048	42,039	105,486	98,271

Updated Feb 26, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q