2018 highlights

DILUTED EARNINGS PER SHARE
$8.36
up from $7.56 in 2017
PROFITABLE GROWTH
17.6%
return on equity (ROE), up from 17.0% in 2017
Returns to Shareholders
$3.77
dividends declared per share, increased by $0.29 since 2017
Financial Strength
11.5%
common equity tier 1 (CET1) ratio, up from 10.9% in 2017
PREPARING FOR THE FUTURE
$5.2 billion
remainder of our profit available to reinvest in our business for future growth
 Returns to Shareholders
58%
of profits returned to our shareholders through dividends(1) and repurchases
For more information, please visit RBC Investor Relations

Strong Earnings

net income (C$billion)
+8%

Annualized dividend increase of:

8%
One year
7%
Ten year(3)

Earnings by business segment(2)

 

Financial Performance Metrics(4)

Medium-Term
Objectives
2018 Results
Diluted EPS growth 7%+ 10.6%
Return on equity 16%+ 17.6%
Capital ratio (CET 1) Strong 11.5%
Dividend payout ratio 40% – 50% 45%

Total Shareholder Return(5)

RBC Global Peer Average
Three-year 13% 9%
Five-year 11% 8%
  1. Includes dividends paid on both common and preferred shares. Dividends were $5.4 billion on common shares and $0.3 billion on preferred shares.
  2. Excludes Corporate Support.
  3. Compound Annual Growth Rate.
  4. Our focus is to maximize total shareholder returns (TSR) through the achievement of top half performance compared to our global peer group over the medium term (3-5 years), which we believe reflects a longer term view of strong and consistent financial performance.
  5. Annualized TSR is calculated based on the TSX common share price appreciation plus reinvested dividend income. Source: Bloomberg, as at October 31, 2018. RBC is compared to our global peer group. The peer group average excludes RBC; for the list of peers, please refer to our financial performance objectives section of our 2018 Management’s Discussion and Analysis.