Royal Bank of Canada releases revised Supplemental Financial Information package following announced changes to the executive leadership team and business segments
TORONTO, Nov. 8, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) has released an abridged version of its Q3 2024 Supplemental Financial Information package, which reflects the performance on a retrospective basis of the three business segments (Personal Banking, Commercial Banking and Wealth Management) associated with the previously announced realignment of the bank's executive team. The realignment does not impact the bank's Consolidated results.
The key revisions to the financial reporting structure are as follows:
- Personal & Commercial Banking is now two standalone segments: Personal Banking and Commercial Banking.
- RBC Direct Investing, which previously reported under the Personal & Commercial Banking segment, now reports under the Wealth Management segment.
The abridged version of the Q3 2024 Supplemental Financial Information package is now available on the RBC Investor Relations Website.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 100,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 18 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.
For more information, please contact:
Investor Relations Contact
Asim Imran, [email protected], 647-261-5013
Media Relations Contact
Fiona McLean, [email protected], 437-778-3506
SOURCE Royal Bank of Canada
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