In 2024, the Royal Bank of Canada (RBC) achieved the highest return on common equity (ROE) among the five largest Canadian banks, reporting an impressive annual ROE of 14.4 percent. The Canadian Imperial Bank of Commerce (CIBC) followed closely with a ROE of 13.4 percent. Alongside its leading ROE, RBC also posted the highest net income for the year, totaling 16 billion Canadian dollars.
Return on equity (ROE) of the largest banks in Canada in 2024
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Statista. (January 20, 2025). Return on equity (ROE) of the largest banks in Canada in 2024 [Graph]. In Statista. Retrieved May 05, 2025, from https://www.statista.com/statistics/461491/return-on-equity-of-canadian-banks/
Statista. "Return on equity (ROE) of the largest banks in Canada in 2024." Chart. January 20, 2025. Statista. Accessed May 05, 2025. https://www.statista.com/statistics/461491/return-on-equity-of-canadian-banks/
Statista. (2025). Return on equity (ROE) of the largest banks in Canada in 2024. Statista. Statista Inc.. Accessed: May 05, 2025. https://www.statista.com/statistics/461491/return-on-equity-of-canadian-banks/
Statista. "Return on Equity (Roe) of The Largest Banks in Canada in 2024." Statista, Statista Inc., 20 Jan 2025, https://www.statista.com/statistics/461491/return-on-equity-of-canadian-banks/
Statista, Return on equity (ROE) of the largest banks in Canada in 2024 Statista, https://www.statista.com/statistics/461491/return-on-equity-of-canadian-banks/ (last visited May 05, 2025)
Return on equity (ROE) of the largest banks in Canada in 2024 [Graph], Statista, January 20, 2025. [Online]. Available: https://www.statista.com/statistics/461491/return-on-equity-of-canadian-banks/
