Royal Bank Of Canada · TSX:RY
Royal Bank Of Canada — Q2 2024 Earnings Presentation
9 slides from Royal Bank Of Canada's earnings presentation, May 30, 2024
Slide 1: Royal Bank of Canada second quarter 2024 results
Royal Bank of Canada second quarter 2024 results All amounts are in Canadian dollars and are based on financial statements presented in compliance with International Accounting Standard 34 Interim Financial Reporting , unless otherwise noted. Effective November 1, 2023, we adopted IFRS 17 Insurance
Slide 2: Market risk measures and IRRBB sensitivities
(1) Trading revenue (teb) in the chart above excludes the impact of loan underwriting commitments. (2) In Q4 2023, VaR amounts in the chart above were revised from those previously presented to reflect Trading VaR corresponding to our trading portfolios. Market risk measures for assets and liabiliti
Slide 3: Long-term debt - funding mix by currency of issuance
Long-term debt (i) - funding mix by currency of issuance 7 conodian dollar 26%
Slide 4: Composition of wholesale funding
(1) Includes unsecured and secured long-term funding and subordinated debentures with an original term to maturity greater than 1 year (1) Includes unsecured and secured long-term funding and subordinated debentures with an original term to maturity greater than 1 year (2) Mortgage-backed securities
Slide 5: Capital and CET1 ratio movements
(1) Represents rounded figures. (2) Includes capital deductions for goodwill and intangible assets of (139) bps, initial PCL on the purchased performing loans of (2) bps and RWA resulting from the HSBC Canada transaction of (99) bps. (3) Represents net internal capital generation of $2.2 billion or
Slide 6: ‘Capenda Unesipiaymers: Rote (1)
‘Capenda Unesipiaymers: Rote (1)
Slide 7: GDP forecast assumptions
• Gross Domestic Product (GDP ) – In our base forecast, we expect both Canadian and U.S. GDP to continuously grow in calendar Q2 2024 and thereafter. GDP in calendar Q4 2024 is expected to be 1.8 % and 1.7 % above Q4 2023 levels in Canada and the U.S., respectively.
Slide 8: Canada Real GDP
Canada Real GDP (1)
Slide 9: Oil price and housing price forecast assumptions
Table of Contents Royal Bank of Canada Second Quarter 2024 73 • Oil price (West Texas Intermediate in US$) – In our base forecast, we expect oil prices to average $ 79 per barrel over the next 12 months from calendar Q2 2024 and $ 67 per barrel in the following 2 to 5 years. The range of average pri