Royal Bank Of Canada · TSX:RY
Royal Bank Of Canada — Q3 2024 Earnings Presentation
9 slides from Royal Bank Of Canada's earnings presentation, Aug 28, 2024
Slide 1: Royal Bank of Canada third quarter 2024 results
Royal Bank of Canada third 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 C
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 (1) — funding mix by currency of issuance Euro 19%
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: CET1 ratio and capital movements
(1) Represents rounded figures. (2) Represents net internal capital generation of $2.5 billion or 38 bps consisting of Net income available to shareholders excluding the impact of the specified item, less common and preferred share dividends and distributions on other equity instruments. (3) Exclude
Slide 6: Canada Unemployment Rate
Canada Unemployment Rate (1) % 1 10 a PP PP Pe Ps TVET K KY Ce Range of alternative scenarios (July 31, 2024) i PP eof & x Base scenario (July 31, 2024) = — Base scenario (October 31, 2023) (1) Represents the average quarterly unemployment level over the calendar quarters presented.
Slide 7: Gross Domestic Product forecast
• Gross Domestic Product (GDP ) – In our base forecast, we expect both Canadian and U.S. GDP to continuously grow in calendar Q 3 2024 and thereafter. GDP in calendar Q4 2024 is expected to be 1.5 % and 1.3 % above Q4 2023 levels in Canada and the U.S., respectively.
Slide 8: Canada Real GDP
Canada Real GDP (1) Trillions of Canadian dollars 2.7 2.6 2.5 2.4 2.3 2.2 2.1 > bh Am ab ‘5 © Ao Ao \ cy PPE PP SP PSP? PIP SP DD Si OP PP OP HPAP PP A PAPA PP ATP a PAP ah yh oP At aocqovroaaqqcnqoroqoqaeqgcegrv’qoaqaqqrqaqa eagev’aa a @& Range of alternative scenarios (July 31, 2024) Base scenario
Slide 9: Oil price and Canadian housing price index assumptions
Table of Contents Royal Bank of Canada Third Quarter 2024 75 • Oil price (West Texas Intermediate in US$) – In our base forecast, we expect oil prices to average $ 77 per barrel over the next 12 months from calendar Q 3 2024 and $ 66 per barrel in the following 2 to 5 years. The range of average pri