2024 T2 Information financière complémentaire*

Supplementary Financial Information

Q2 2024

For the period ended April 30, 2024

(UNAUDITED)

For further information, please contact:

Asim Imran	Vice President, Head of Investor Relations	(416) 955-7804	[email protected]
Marco Giurleo	Senior Director, Investor Relations	(437) 239-5374	[email protected]
www.rbc.com/investorrelations

Table of Contents

Page

Notes to Users
Financial Highlights

Consolidated Results

Statements of income
Revenue from trading activities

Realized gains and losses on investment securities
Non-interestexpense

Segment Details

Personal & Commercial Banking
Canadian Banking
Wealth Management

Insurance
Capital Markets
Corporate Support

On- and Off-Balance Sheet

Balance sheets (period-end balances)
Selected average balance sheet items

Assets under administration and management
Statements of comprehensive income
Statements of changes in equity

Capital

Flow statement of the movements in regulatory capital
Total capital risk-weighted assets by business segments (all-in basis)

Movement of total capital risk-weighted assets by risk type (all-in basis)

Page

Credit Quality

Loans and acceptances
Gross impaired loans

Provision for credit losses

Allowance for credit losses

Credit quality ratios

Credit Risk Exposure

Credit risk exposure by geography and portfolio
Actual losses vs. estimated losses

Basel Pillar 3 back-testing (Internal ratings based)
Fair value of derivative instruments

Derivatives - Notional amounts
Derivatives - Related credit risk
Calculation of ROE and RORC
Key performance and Non-GAAP measures

Glossary

Sector definitions

(i)

Notes to Users

The Consolidated Financial Statements are prepared in compliance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) and International Accounting Standard (IAS) 34, Interim Financial Reporting unless otherwise noted. Unless otherwise stated, monetary amounts are stated in Canadian dollars. This document is not audited and should be read in conjunction with our 2023 Annual Report. Certain comparative amounts have been amended to conform to the current period's presentation.

IFRS 17

Effective November 1, 2023, we adopted IFRS 17 Insurance Contracts (IFRS 17), replacing IFRS 4 Insurance Contracts (IFRS 4). IFRS 17 has been applied retrospectively with comparative periods restated beginning November 1, 2022, where applicable. Adjustments to the carrying amounts of insurance and reinsurance contracts at the transition date of November 1, 2022 were recognized in Retained earnings. The comparative period information for insurance and reinsurance contracts prior to November 1, 2022 is presented in accordance with previous accounting policies.

While IFRS 17 impacts the timing of profit recognition of insurance contracts, it will have no impact on total profit recognized over the lifetime of these contracts. Under IFRS 17, new business profits are deferred and measured as the contractual service margin (CSM) of the insurance contract liabilities and amortized into income as insurance contract services are provided, while losses are recognized into income immediately. Under IFRS 4, gains and losses are recognized in income immediately.

The restated results may not be fully comparable to future periods as we were not managing our asset and liability portfolios under IFRS 17 and the re-balancing of our asset portfolio was not completed until the first quarter of 2024. As a result, analysis of 2023 comparative period results and year over year changes in results should be viewed with this context.

Capital Disclosure Requirements related to Basel III Pillar 3

Capital main features disclosure provides qualitative disclosure and sets out summary information and the full terms and conditions for each of our capital instruments and can be found on our Investor Relations website. Refer to our Basel III Pillar 3 report for all other Pillar 3 capital disclosures.

EDTF Disclosures

The Financial Stability Board's Enhanced Disclosure Task Force (EDTF) issued a report titled "Enhancing the Risk Disclosures of Banks " in October 2012. The following index lists the disclosure related to these recommendations contained in this document.

Type of Risk	Recommendation	Disclosure	Page
Capital adequacy and risk-weighted assets	11	Flow statement of the movements in regulatory capital	19
	13	Risk-weighted assets (RWA) by business segments	20
	16	Movement of risk-weighted assets by risk type	20
	17	Basel Pillar 3 back-testing	31
Credit risk	26	Bank's credit risk profile	21-31
	28	Reconciliation of the opening and closing balances of	23,28
		impaired loans and impairment allowances during the year
	29	Quantification of gross notional exposure for OTC	32
		derivatives or exchange-traded derivatives

For a full index of where to find all EDTF related disclosures, refer to our 2023 Annual Report.

-1-	ROYAL BANK OF CANADA
2nd Quarter 2024 - Supplementary Financial Information

3, 4, 6

4, 6

3, 4, 6

PROFITABILITY MEASURESEarnings per share (EPS)

FINANCIAL HIGHLIGHTS

(Millions of Canadian dollars, except otherwise noted)

			IFRS17
Q2/24	Q1/24	Q4/23	Q3/23	Q2/23	Q1/23

	IFRS4		IFRS17
			2024	2023
Q4/22	Q3/22	Q2/22	6 months	6 months

IFRS17 IFRS4

2023 2022

SELECTED INCOME STATEMENT INFORMATION

Net interest income

Non-interest income Total revenue

Provision for credit losses (PCL) 1

Insurance policyholder benefits, claims and acquisition expense (PBCAE) Non-interest expense

Net income

Less: Non-controlling interests (NCI)

Dividends on preferred shares and distributions on other equity instruments Net income available to common shareholders

Adjusting items impacting net income (before tax)

Amortization of other intangibles

HSBC Canada transaction and integration costs Impairment losses on our interest in an associated company

Management of closing capital volatility related to the planned acquisition of HSBC Canada

Income taxes for adjusting items impacting net income

Amortization of other intangibles

HSBC Canada transaction and integration costs Impairment losses on our interest in an associated company

Canada Recovery Dividend (CRD) and other tax related adjustments 2 Certain deferred tax adjustments

Management of closing capital volatility related to the planned acquisition of HSBC Canada Adjusted net income available to common shareholders 3

6,623	6,332	6,542	6,286	6,099	6,202
7,531	7,153	6,143	6,691	6,346	7,155
14,154	13,485	12,685	12,977	12,445	13,357
920	813	720	616	600	532

8,308	8,324	8,059	7,765	7,400	7,589
3,950	3,582	3,939	3,860	3,680	3,133
(2)	(2)	(2)	(2)	(1)	(2)
(67)	(58)	(67)	(58)	(67)	(44)
3,881	3,522	3,870	3,800	3,612	3,087
106	80	92	81	82	86
358	265	203	110	56	11
-	-	242	-	-	-
(155)	286	-	-	-	-
(28)	(21)	(24)	(20)	(16)	(15)
(76)	(47)	(36)	(26)	(13)	(3)
-	-	(65)	-	-	-
-	-	-	-	-	1,050
-	-	(578)	-	-	-
43	(79)	-	-	-	-
4,129	4,006	3,704	3,945	3,721	4,216

6,282	5,890	5,274
6,285	6,242	5,946
12,567	12,132	11,220
381	340	(342)
116	850	(180)
7,209	6,386	6,434
3,882	3,577	4,253
(6)	(2)	(3)
(67)	(58)	(68)
3,809	3,517	4,182
68	62	63
-	-	-
-	-	-
-	-	-
(16)	(16)	(17)
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
3,861	3,563	4,228

12,955 12,301

14,684 13,501

27,639 25,802

1,733 1,132

16,632 14,989

7,532 6,813

(111)
7,403 6,699

186168

62367

131-

(31)

(16)

1,050
-

-
8,135 7,937

25,129 22,717

26,335 26,268

51,464 48,985

2,468484

1,783

30,813 26,609

14,612 15,807

(13)

(247)
14,369 15,547

341	256
380	-

242-

(65)

1,050-

-
--

15,586 15,738

- basic

basic adjusted3
diluted4
diluted adjusted3, 4

Common shares outstanding (000s) 5

average (basic)
average (diluted)

Retuon common equity (ROE) 4 Adjusted ROE 3, 4

Retuon tangible common equity (ROTCE) 3 Adjusted ROTCE 3

Retuon assets (ROA) 4 Adjusted ROA 3, 4 Retuon RWA 4 Efficiency ratio 4 Adjusted efficiency ratio 3, 4

KEY RATIOS

$2.75	$2.50	$2.77	$2.73	$2.60	$2.23
$2.92	$2.85	$2.65	$2.83	$2.68	$3.05
$2.74	$2.50	$2.76	$2.73	$2.60	$2.23
$2.92	$2.85	$2.65	$2.83	$2.68	$3.04
1,412,651	1,406,324	1,399,337	1,393,515	1,388,388	1,382,754
1,414,166	1,407,641	1,400,465	1,394,939	1,390,149	1,384,536
14.5%	13.1%	14.9%	14.9%	14.9%	12.6%
15.5%	14.9%	14.2%	15.4%	15.3%	17.2%
17.5%	15.3%	17.5%	17.5%	17.7%	15.0%
18.2%	17.1%	16.5%	17.9%	17.9%	20.1%
0.77%	0.68%	0.77%	0.77%	0.79%	0.60%
0.81%	0.77%	0.73%	0.80%	0.82%	0.81%
2.46%	2.41%	2.62%	2.61%	2.54%	2.02%
58.7%	61.7%	63.5%	59.8%	59.5%	56.8%
56.0%	57.9%	60.1%	58.4%	58.4%	56.1%

$2.75	$2.52	$2.97
$2.78	$2.55	$3.00
$2.74	$2.51	$2.96
$2.78	$2.55	$2.99
1,386,925	1,396,381	1,409,702
1,388,548	1,398,667	1,412,552
15.6%	14.6%	18.4%
15.8%	14.8%	18.6%
18.1%	16.8%	21.3%
18.1%	16.8%	21.3%
0.77%	0.76%	0.95%
0.78%	0.77%	0.96%
2.52%	2.41%	2.98%
57.4%	52.6%	57.3%
57.4%	56.1%	55.9%

$5.25 $4.83

$5.77 $5.73

$5.25 $4.83

$5.77 $5.72

1,409,452 1,385,525

1,410,842 1,387,295

13.8% 13.7%

15.2% 16.3%

16.3% 16.4%

17.6% 19.0%

0.72% 0.69%

0.79% 0.81%

2.44% 2.27%

60.2% 58.1%

57.0% 57.2%

$10.33 $11.08

$11.21 $11.21

$10.32 $11.06

$11.19 $11.19

1,391,020 1,403,654

1,392,529 1,406,034

14.3% 16.4%

15.5% 16.6%

17.0% 19.0%

18.1% 19.0%

0.73% 0.84%

0.79% 0.85%

2.44% 2.68%

59.9% 54.3%

58.2% 55.8%

Diluted EPS growth 4, 6 Adjusted diluted EPS growth Revenue growth 4, 6 Adjusted revenue growth Non-interest expense growth Adjusted non-interest expense growth Operating leverage 4

Adjusted operating leverage 3, 4

PCL on loans as a % of average net loans and acceptances

PCL on performing loans (Stage 1 and 2) as a percentage of Average net loans and acceptances PCL on impaired loans (Stage 3) as a percentage of Average net loans and acceptances

Net interest margin (NIM) (average earning assets, net) 4

NIM (average earning assets, net) excluding Trading Assets, Trading net interest income and Insurance Assets 4 NIM (total average assets) 4

Non-interest income as % of total revenue

5.4%	12.1%	0.7%	8.8%	(12.2)%	(21.5)%
9.0%	(6.3)%	(4.7)%	11.0%	(10.4)%	5.9%
13.7%	1.0%	0.9%	7.0%	10.9%	2.2%
12.5%	3.1%	3.8%	15.0%	9.2%	10.7%
12.3%	9.7%	11.8%	21.6%	15.0%	15.3%
8.0%	6.5%	8.7%	19.8%	14.0%	15.0%
1.4%	(8.7)%	(10.9)%	(14.6)%	(4.1)%	(13.1)%
4.5%	(3.4)%	(4.9)%	(4.8)%	(4.8)%	(4.3)%
0.41%	0.37%	0.34%	0.29%	0.30%	0.25%
0.11%	0.06%	0.09%	0.06%	0.09%	0.08%
0.30%	0.31%	0.25%	0.23%	0.21%	0.17%
1.50%	1.41%	1.51%	1.50%	1.53%	1.47%
2.10%	2.07%	2.14%	2.02%	2.03%	2.10%
1.28%	1.20%	1.27%	1.25%	1.31%	1.18%
53.2%	53.0%	48.4%	51.6%	51.0%	53.6%

2.2%	(15.5)%	7.2%
2.6%	(15.0)%	7.2%
1.5%	(4.9)%	(3.4)%
9.8%	(1.5)%	(0.6)%
9.5%	(0.5)%	0.9%
9.5%	(0.5)%	0.9%
(8.0)%	(4.4)%	(4.3)%
0.3%	(1.0)%	(1.5)%
0.18%	0.17%	(0.18)%
0.06%	0.09%	(0.27)%
0.12%	0.08%	0.09%
1.56%	1.52%	1.45%
2.11%	2.04%	1.93%
1.25%	1.25%	1.18%
50.0%	51.5%	53.0%

8.7% (16.7)%

0.9% (2.4)%

7.1% 6.2%

7.6% 9.9%

11.0% 15.2%

7.2% 14.5%

(3.9)% (9.0)%

0.4% (4.6)%

0.39% 0.27%

0.08% 0.08%

0.31% 0.19%

1.45% 1.50%

2.09% 2.07%

1.24% 1.25%

53.1% 52.3%

(6.7)% 0.0%

0.0% 0.0%

5.1% (1.4)%

9.5% 3.1%

15.8% 2.6%

14.2% 2.6%

(10.7)% (4.0)%

(4.7)% 0.5%

0.29% 0.06%

0.08% (0.04)%

0.21% 0.10%

1.50% 1.48%

2.08% 2.00%

1.25% 1.20%

51.2% 53.6%

PCL relates primarily to loans, acceptances and commitments and also to all other financial assets except for those classified or designated as FVTPL and equity securities designated as FVOCI.
Reflects the impact of the CRD and the 1.5% increase in the Canadian corporate tax rate applicable to fiscal 2022, net of deferred tax adjustments, which were announced in the Government of Canada's 2022 budget and enacted in Q1 2023.
This is a non-GAAP financial measure or ratio. These do not have standardized meanings under GAAP and might not be comparable to similar financial measures or ratios disclosed by other issuers. For further information, refer to the non-GAAP financial measures and non-GAAP ratios section on page 35.
See 'Glossary' beginning on page 35 for explanation of composition of this measure.
Average common shares outstanding includes the impact of treasury shares held.
Growth rates are calculated based on results in the same period a year ago.

-2-	ROYAL BANK OF CANADA
2nd Quarter 2024 - Supplementary Financial Information

FINANCIAL HIGHLIGHTS continued

(Millions of Canadian dollars, except otherwise noted)

CAPITAL MEASURES - CONSOLIDATED

Common Equity Tier 1 (CET1) capital ratio 1

Tier 1 capital ratio 1

Total capital ratio 1

Total RWA ($ billions) 1

Leverage ratio - all-in basis 1

Leverage ratio exposure - all-in basis 1

CALCULATION OF ROTCE

Net income available to common shareholders excluding the after-tax effect of amortization of other intangibles 2

Average common equity 1

Less: Goodwill and Intangibles (net of tax) 1

Tangible common equity 2

ROTCE 2

EFFECTIVE TAX RATE

		IFRS17				IFRS4
Q2/24	Q1/24	Q4/23	Q3/23	Q2/23	Q1/23	Q4/22	Q3/22	Q2/22

12.8%	14.9%	14.5%	14.1%	13.7%	12.7%	12.6%	13.1%	13.2%
14.1%	16.3%	15.7%	15.4%	14.9%	13.9%	13.8%	14.3%	14.4%
16.1%	18.1%	17.6%	17.3%	16.8%	15.7%	15.4%	15.9%	16.0%
653.7	590.3	596.2	585.9	593.5	614.3	609.9	589.0	585.8
4.2%	4.4%	4.3%	4.2%	4.2%	4.4%	4.4%	4.6%	4.7%
2,219,019	2,173,419	2,179,590	2,142,032	2,116,380	1,921,310	1,898,179	1,839,845	1,812,429

3,959	3,581	3,938	3,861	3,678	3,158	3,861	3,563	4,228
108,650	107,100	103,250	101,450	99,450	97,300	97,150	95,750	93,300
16,600	13,950	14,150	14,100	14,200	14,050	12,500	11,600	11,750
92,050	93,150	89,100	87,350	85,250	83,250	84,650	84,150	81,550
17.5%	15.3%	17.5%	17.5%	17.7%	15.0%	18.1%	16.8%	21.3%

IFRS17

2024	2023
6 months	6 months

12.8%	13.7%
14.1%	14.9%
16.1%	16.8%

653.7593.5

4.2%4.2%

2,219,019 2,116,380

7,5406,836

107,850 98,350

15,100 14,100

92,750 84,250

16.3% 16.4%

IFRS17 IFRS4

2023 2022

14.5% 12.6%

15.7% 13.8%

17.6% 15.4%

596.2 609.9

4.3% 4.4%

2,179,590 1,898,179

14,635 15,738

100,400 94,700

14,100 11,900

86,300 82,800

17.0% 19.0%

Income Taxes (teb1)

Income Taxes

Taxable equivalent basis (teb) adjustment 1, 2

Income Taxes (teb1)

Net Income before taxes (teb1)

Net Income before taxes

Taxable equivalent basis (teb) adjustment 1, 2

Net Income before taxes (teb1)

Effective tax rate

Adjusted effective tax rate 2

Effective tax rate (Taxable equivalent basis (teb)1) 2 Adjusted effective tax rate (Taxable equivalent basis (teb)1) 2

ADDITIONAL SHARE INFORMATION

976	766	(33)	736	765	2,103
(4)	54	117	113	213	116
972	820	84	849	978	2,219
4,926	4,348	3,906	4,596	4,445	5,236
(4)	54	117	113	213	116
4,922	4,402	4,023	4,709	4,658	5,352
19.8%	17.6%	(0.8)%	16.0%	17.2%	40.2%
19.8%	18.3%	15.1%	16.3%	17.3%	20.1%
19.7%	18.6%	2.1%	18.0%	21.0%	41.5%
19.7%	19.2%	17.3%	18.3%	21.0%	21.8%

979	979	1,055
142	143	145
1,121	1,122	1,200
4,861	4,556	5,308
142	143	145
5,003	4,699	5,453
20.1%	21.5%	19.9%
20.2%	21.5%	20.0%
22.4%	23.9%	22.0%
22.4%	23.9%	22.1%

1,7422,868

50329

1,7923,197

9,2749,681

50329

9,324 10,010

18.8% 29.6%

19.1% 18.8%

19.2% 31.9%

19.5% 21.4%

3,571 4,302

559572

4,130 4,874

18,183 20,109

559572

18,742 20,681

19.6% 21.4%

17.3% 21.4%

22.0% 23.6%

19.7% 23.6%

Common shares outstanding (000s) - end of period 3

Treasury shares and other equity instruments held

preferred shares and other equity instruments (000s)
common shares (000s)

Stock options and awards outstanding (000s) Stock options and awards exercisable (000s) Dividends declared per common share

Dividend yield 1

Dividend payout ratio 1 Common dividends

Dividends on preferred shares and distributions on other equity instruments

Book value per share 1

Common share price (RY on TSX)

High
Low
Close, end of period

Market capitalization (TSX) 1

Market price to book value 1

1,414,304	1,408,257	1,400,511	1,394,997	1,389,730	1,382,818	1,382,911	1,390,629	1,401,800
15	(34)	(9)	6	(6)	8	(12)	11	(38)
(546)	(651)	(1,862)	(1,231)	(969)	(3,042)	(2,680)	(2,155)	(1,328)
8,731	9,059	7,793	7,922	8,096	8,354	7,535	8,209	8,310
4,309	4,549	3,830	3,891	4,066	4,306	3,502	3,576	3,677
$1.38	$1.38	$1.35	$1.35	$1.32	$1.32	$1.28	$1.28	$1.20
4.1%	4.5%	4.5%	4.2%	4.0%	4.0%	4.0%	3.9%	3.5%
50%	55%	49%	50%	51%	59%	47%	51%	40%
1,953	1,944	1,893	1,885	1,836	1,829	1,774	1,784	1,686
67	58	67	58	67	44	67	58	68
$79.24	$76.95	$76.92	$73.54	$73.06	$70.81	$72.85	$69.44	$69.20
$140.77	$135.63	$130.50	$135.35	$140.18	$136.30	$129.95	$133.55	$148.26
$127.60	$109.89	$107.92	$120.10	$125.32	$124.65	$116.75	$118.24	$129.01
$133.19	$131.21	$110.76	$130.73	$134.51	$136.16	$126.05	$124.86	$129.75
188,371	184,777	155,121	182,368	186,933	188,284	174,316	173,634	181,884
1.68	1.71	1.44	1.78	1.84	1.92	1.73	1.80	1.87

1,414,304 1,389,730

15(6)

(969)
8,7318,096
4,3094,066
$2.76$2.64

4.4%4.0%

53%55%

3,8973,665

125111

$79.24 $73.06

$140.77 $140.18

$109.89 $124.65

$133.19 $134.51

188,371 186,933

1.681.84

1,400,511 1,382,911

(12)
(1,862) (2,680)
7,793 7,535
3,830 3,502
$5.34 $4.96
4.3% 3.7%
52%45%

7,443 6,946

236247

$76.92 $72.85

$140.18 $149.60

$107.92 $116.75

$110.76 $126.05

155,121 174,316

1.441.73

See 'Glossary' beginning on page 35 for explanation of composition.
This is a non-GAAP financial measure or ratio. These do not have standardized meanings under GAAP and might not be comparable to similar financial measures or ratios disclosed by other issuers. For further information, refer to the non-GAAP financial measures and non-GAAP ratios section on page 35.
Common shares outstanding has been adjusted to include the impact of treasury shares.

-3-	ROYAL BANK OF CANADA
2nd Quarter 2024 - Supplementary Financial Information

FINANCIAL HIGHLIGHTS continued

(Millions of Canadian dollars, except otherwise noted)

SELECTED BALANCE SHEET INFORMATION

Average loans and acceptances, net Total Assets

Average assets

Average assets excluding trading assets 1 and insurance assets 1

Average earning assets, net 1 Deposits

Common equity 1 Average common equity 1

		IFRS17
Q2/24	Q1/24	Q4/23	Q3/23	Q2/23	Q1/23

908,000	870,900	867,500	854,900	850,200	844,900
2,031,050	1,974,405	2,006,531	1,959,063	1,942,223	1,934,580
2,098,200	2,092,200	2,039,200	1,990,100	1,903,200	2,081,900
1,201,900	1,149,900	1,147,300	1,134,300	1,134,900	1,291,100
1,801,400	1,787,700	1,722,200	1,665,600	1,640,100	1,674,500
1,327,603	1,241,168	1,231,687	1,215,671	1,210,053	1,203,842
112,065	108,360	107,734	102,583	101,528	97,923
108,650	107,100	103,250	101,450	99,450	97,300

IFRS4

Q4/22 Q3/22 Q2/22

829,600 802,000 772,700

1,917,219 1,842,092 1,848,572

1,991,500 1,876,300 1,834,400

1,266,600 1,221,200 1,195,700

1,600,100 1,534,600 1,487,800

1,208,814 1,178,604 1,151,597

100,746 96,570 97,006

97,150 95,750 93,300

IFRS17

2024	2023
6 months	6 months

889,200 847,500

2,031,050 1,942,223

2,095,100 1,992,600

1,175,600 1,135,200

1,794,500 1,657,800

1,327,603 1,210,053

112,065 101,528

107,850 98,350

IFRS17 IFRS4

2023 2022

854,400 789,300

2,006,531 1,917,219

2,004,500 1,886,900

1,138,000 1,216,500

1,676,000 1,531,800

1,231,687 1,208,814

107,734 100,746

100,400 94,700

OTHER INFORMATION

Number of employees (full-time equivalent) Canada

U.S.

Other

Total

Number of banking branches

Canada

U.S.

Other

Total

Number of automated teller machines (ATMs)

Active digital (online and mobile) users (000's) 2 Active mobile users (000's) 2

69,576	65,147	66,172	67,959	67,178	65,948
15,689	15,821	15,837	16,359	15,640	15,285
9,215	9,198	9,389	9,435	11,580	11,429
94,480	90,166	91,398	93,753	94,398	92,662
1,245	1,145	1,143	1,149	1,150	1,157
64	64	65	69	69	69
39	39	39	39	39	39
1,348	1,248	1,247	1,257	1,258	1,265
4,447	4,341	4,341	4,353	4,357	4,363
9,681	9,192	9,016	8,837	8,774	8,579
7,415	7,038	6,865	6,639	6,429	6,287

64,922	64,210	62,292
15,059	15,105	14,551
11,446	9,226	9,164
91,427	88,541	86,007
1,162	1,173	1,177
70	71	74
39	39	39
1,271	1,283	1,290
4,368	4,364	4,377
8,405	8,277	8,270
6,129	5,962	5,826

69,576 67,178

15,689 15,640

9,215 11,580

94,480 94,398

1,245 1,150

1,348 1,258

4,447 4,357

9,681 8,774

7,415 6,429

66,172 64,922

15,837 15,059

9,389 11,446

91,398 91,427

1,143 1,162

1,247 1,271

4,341 4,368

9,016 8,405

6,865 6,129

MARKET RISK MEASURES - Interest Rate Risk in the Banking Book (IRRBB) Sensitivities
Before-tax impact of 100 bps increase in rates on:
Net interest income risk 3	325	535	651	580	824	663
Economic value of equity	(2,149)	(1,649)	(1,552)	(1,999)	(1,726)	(2,069)
Before-tax impact of 100 bps decrease in rates on:
Net interest income risk 3	(458)	(622)	(751)	(648)	(894)	(776)
Economic value of equity	1,803	1,309	1,353	1,789	1,507	1,808

See 'Glossary' beginning on page 35 for explanation of composition.
This figure represents the 90-Day Active customers in Canadian Banking only.
Amounts represent the 12-month Net interest income exposure to an instantaneous and sustained shift in interest rates.

781	1,091	1,087	325	824
(1,900)	(1,411)	(2,054)	(2,149)	(1,726)
(839)	(1,189)	(1,214)	(458)	(894)
1,709	914	1,728	1,803	1,507

651781

(1,552) (1,900)

(839)
1,353 1,709

-4-	ROYAL BANK OF CANADA
2nd Quarter 2024 - Supplementary Financial Information

STATEMENTS OF INCOME

(Millions of Canadian dollars)

			IFRS17					IFRS4
Q2/24	Q1/24	Q4/23	Q3/23	Q2/23	Q1/23		Q4/22	Q3/22	Q2/22

IFRS17

2024	2023
6 months	6 months

IFRS17 IFRS4

2023 2022

Net interest income

Interest and dividend income

Interest expense

Total

Non-interest income

Accounts

Other payment services

Service charges

Insurance service result 1

Insurance investment result 1

Insurance premiums, investment and fee income

Trading revenue

Investment management and custodial fees

Mutual fund revenue

Securities brokerage commissions

Underwriting and other advisory fees

Foreign exchange revenue, other than trading

Card service revenue

Credit fees

Net gains (losses) on investment securities

Income (loss) from joint ventures and associates

Other

Total

Total revenue

Provision for credit losses

Insurance policyholder benefits, claims and acquisition expense Non-interest expense

Income before income taxes Income taxes

Net income

Net income attributable to:

Shareholders

Non-controlling interests (NCI)

Net income

Non-controlling interests (NCI)

Dividends on preferred shares and distributions on other equity instruments Net income available to common shareholders

1 See 'Glossary' beginning on page 35 for explanation of composition of this measure.

25,754	25,609	24,502	22,834	20,318	19,337
19,131	19,277	17,960	16,548	14,219	13,135
6,623	6,332	6,542	6,286	6,099	6,202
399	399	396	377	363	362
158	155	152	152	148	149
557	554	548	529	511	511
203	187	137	149	225	192
59	141	64	151	14	(73)

633	804	408	485	430	1,069
2,257	2,185	2,106	2,099	2,083	2,056
1,067	1,030	1,014	1,034	1,000	1,015
431	388	363	362	377	361
734	606	563	472	458	512
287	262	248	289	322	433
291	326	302	334	279	325
434	395	411	342	357	379
59	70	2	27	111	53
18	12	(223)	(37)	12	29
501	193	200	455	167	293
7,531	7,153	6,143	6,691	6,346	7,155

14,154	13,485	12,685	12,977	12,445	13,357
920	813	720	616	600	532

8,308	8,324	8,059	7,765	7,400	7,589
4,926	4,348	3,906	4,596	4,445	5,236
976	766	(33)	736	765	2,103
3,950	3,582	3,939	3,860	3,680	3,133
3,948	3,580	3,937	3,858	3,679	3,131
2	2	2	2	1	2
3,950	3,582	3,939	3,860	3,680	3,133
3,950	3,582	3,939	3,860	3,680	3,133
(2)	(2)	(2)	(2)	(1)	(2)
(67)	(58)	(67)	(58)	(67)	(44)
3,881	3,522	3,870	3,800	3,612	3,087

14,898	10,737	7,758
8,616	4,847	2,484
6,282	5,890	5,274
365	351	345
147	148	135
512	499	480


644	1,233	234
451	(128)	289
1,900	1,857	1,892
1,010	1,028	1,086
349	344	389
481	369	507
266	250	251
310	314	288
337	301	398
(23)	28	23
24	33	24
24	114	85
6,285	6,242	5,946

12,567	12,132	11,220
381	340	(342)
116	850	(180)
7,209	6,386	6,434
4,861	4,556	5,308
979	979	1,055
3,882	3,577	4,253
3,876	3,575	4,250
6	2	3
3,882	3,577	4,253
3,882	3,577	4,253
(6)	(2)	(3)
(67)	(58)	(68)
3,809	3,517	4,182

51,363 39,655

38,408 27,354

12,955 12,301

1,111 1,022

(59)


1,437	1,499
4,442	4,139
2,097	2,015
819	738
1,340	970
549	755
617	604
829	736
129	164

14,684 13,501

27,639 25,802

1,733 1,132

16,632 14,989

9,274 9,681

1,742 2,868

7,532 6,813

7,528 6,810

7,532 6,813

(111)
7,403 6,699

86,991 40,771

61,862 18,054

25,129 22,717

1,498 1,406

601570

2,099 1,976

703

156

3,510

2,392926

8,344 7,610

4,063 4,289

1,463 1,481

2,005 2,058

1,292 1,038

1,240 1,203

1,489 1,512

19343

110
1,115512

26,335 26,268

51,464 48,985

2,468484

1,783

30,813 26,609

18,183 20,109

3,571 4,302

14,612 15,807

14,605 15,794

713

14,612 15,807

(13)

(247)
14,369 15,547

-5-	ROYAL BANK OF CANADA
2nd Quarter 2024 - Supplementary Financial Information

REVENUE FROM TRADING ACTIVITIES

(Millions of Canadian dollars)

Total trading revenue 1

Net interest income 2

Non-interest income 3

Total

Trading revenue by product

Interest rate and credit 3

Equities

Foreign exchange and commodities

Total

Trading revenue (teb1) by product

Interest rate and credit 3

Equities

Foreign exchange and commodities

Total (teb 1)

Trading revenue (teb1) by product - Capital Markets

Interest rate and credit 3

Equities

Foreign exchange and commodities

Total (teb1)

Q2/24	Q1/24	Q4/23	Q3/23	Q2/23	Q1/23	Q4/22	Q3/22	Q2/22


403	344	345	510	469	186	403	465	531
633	804	408	485	430	1,069	451	(128)	289
1,036	1,148	753	995	899	1,255	854	337	820
595	739	524	652	602	750	430	(71)	329
238	159	97	171	81	255	179	229	274
203	250	132	172	216	250	245	179	217
1,036	1,148	753	995	899	1,255	854	337	820
595	739	524	652	602	750	430	(71)	329
232	206	207	275	182	362	305	359	405
203	250	132	172	216	250	245	179	217
1,030	1,195	863	1,099	1,000	1,362	980	467	951
539	667	457	616	536	679	385	(130)	291
226	232	170	271	190	382	308	347	384
182	230	134	150	196	232	226	160	201
947	1,129	761	1,037	922	1,293	919	377	876

2024	2023
6 months	6 months

747655

1,437 1,499

2,184 2,154

1,334 1,352

2,184 2,154

1,334 1,352

2,225 2,362

1,206 1,215

2,076 2,215

2023 2022

1,510 2,024

2,392926

3,902 2,950

2,528 1,147

3,902 2,950

2,528 1,147

1,026 1,467

770852

4,324 3,466

2,288962

1,013 1,451

712782

4,013 3,195

See 'Glossary' beginning on page 35 for explanation of composition.
Reflects net interest income arising from trading-related positions, including assets and liabilities that are classified or designated at FVTPL.
Includes loan underwriting commitments.

REALIZED GAINS AND LOSSES ON INVESTMENT SECURITIES

(Millions of Canadian dollars)

Realized gains

Realized losses

Net gains (losses) on investment securities

Q2/24	Q1/24	Q4/23	Q3/23	Q2/23	Q1/23		Q4/22	Q3/22	Q2/22


70	70	8	42	112		60	39	38	24
(11)	-	(6)	(15)	(1)		(7)	(62)	(10)	(1)
59	70	2	27	111		53	(23)	28	23

2024	2023
6 months	6 months

140	172
(11)	(8)
129	164

2023 2022

222118

(75)

19343

-6-	ROYAL BANK OF CANADA
2nd Quarter 2024 - Supplementary Financial Information

NON-INTEREST EXPENSE

(Millions of Canadian dollars)

Human resources

Salaries

Variable compensation

Benefits and retention compensation

Share-based compensation 1 Total Human resources

Equipment Depreciation

Computer rental and maintenance

Office equipment rental and maintenance Total Equipment

Occupancy Premises rent

Premises repairs and maintenance Depreciation

Property taxes Total Occupancy

Communications Telecommunications Postage and courier Marketing and public relations Stationery and printing

Total Communications

Professional fees

Amortization of other intangibles Computer software

Other

Total Amortization of other intangibles

Other

Business and capital taxes Travel and relocation Employee training Donations

Outsourced item processing Impairment of other intangibles Other

Total Other

Total non-interest expense

		IFRS17
Q2/24	Q1/24	Q4/23	Q3/23	Q2/23	Q1/23

2,145	2,078	2,239	2,160	2,069	2,010
2,161	2,083	1,955	1,816	1,811	2,026
606	605	489	545	561	544
179	397	(17)	243	132	270
5,091	5,163	4,666	4,764	4,573	4,850
89	91	92	92	88	90
523	523	516	517	496	475
3	5	4	2	5	4
615	619	612	611	589	569
22	13	17	14	17	23
132	129	117	124	128	122
249	229	231	232	225	225
38	36	36	39	35	34
441	407	401	409	405	404
38	39	38	40	38	36
67	56	46	45	50	51
228	204	238	213	206	169
25	22	22	23	24	22
358	321	344	321	318	278
697	624	692	591	506	382
267	272	274	288	301	276
106	80	83	81	82	86
373	352	357	369	383	362
25	17	58	23	25	31
35	32	33	41	43	41
15	10	13	14	14	15
41	35	45	46	35	33
34	29	27	27	31	27
12	2	71	14	12	11
571	713	740	535	466	586
733	838	987	700	626	744
8,308	8,324	8,059	7,765	7,400	7,589

	IFRS4
Q4/22	Q3/22	Q2/22

1,935	1,820	1,748
1,959	1,473	1,754
486	497	483
3	68	17
4,383	3,858	4,002
89	89	89
477	421	423
5	4	1
571	514	513
27	18	17
109	106	111
235	225	225
30	32	33
401	381	386
39	37	38
44	44	49
211	178	150
25	18	21
319	277	258
472	373	347
286	280	273
68	62	63
354	342	336
64	41	32
40	32	20
15	13	11
37	43	30
26	28	29
11	1	4
516	483	466
709	641	592
7,209	6,386	6,434

IFRS17

2024	2023
6 months	6 months

4,223 4,079

4,244 3,837

1,211 1,105

576402

10,254 9,423

180	178
1,046	971
8	9
1,234	1,158
35	40
261	250
478	450
74	69
848	809
77	74
123	101
432	375
47	46
679	596
1,321	888
539	577
186	168
725	745
42	56
67	84
25	29
76	68
63	58
14	23
1,284	1,052
1,571	1,370
16,632	14,989

IFRS17 IFRS4

2023 2022

8,478 7,251

7,608 7,127

2,139 2,015

628135

18,853 16,528

362353

2,004 1,731

1515

2,381 2,099

71	78
491	435

1,619 1,554

152151

192183

1,261 1,082

2,171 1,511

1,139 1,113

332256

1,471 1,369

137	162
158	106
56	50
159	140

2,327 1,882

3,057 2,466

30,813 26,609

1 Share-based compensation includes the cost of stock options, performance deferred shares, deferred compensation plans and the impact of related economic hedges.

-7-	ROYAL BANK OF CANADA
2nd Quarter 2024 - Supplementary Financial Information

PERSONAL & COMMERCIAL BANKING

(Millions of Canadian dollars, except percentage amounts)

Income Statement

Q2/24	Q1/24	Q4/23	Q3/23	Q2/23	Q1/23	Q4/22	Q3/22	Q2/22		2024	2023
										6 months	6 months

2023	2022

Net interest income

Non-interest income

Total revenue

PCL on performing assets 1

PCL on impaired assets 1

Total PCL Non-interestexpense Income taxes

Net income

Total revenue by business

4,400	4,216	4,188	4,062	3,817	4,007	3,901	3,655	3,234
1,590	1,578	1,530	1,501	1,481	1,534	1,518	1,527	1,505
5,990	5,794	5,718	5,563	5,298	5,541	5,419	5,182	4,739
245	150	103	5	122	141	56	141	(420)
509	484	348	300	300	260	230	183	144
754	634	451	305	422	401	286	324	(276)
2,428	2,339	2,410	2,319	2,257	2,229	2,270	2,130	2,015
757	760	766	805	704	785	724	705	766
2,051	2,061	2,091	2,134	1,915	2,126	2,139	2,023	2,234

8,616 7,824

3,168 3,015

11,784 10,839

395263

993560

1,388823

4,767 4,486

1,517 1,489

4,112 4,041

16,074	14,019
6,046	6,124
22,120	20,143
371	(283)
1,208	746
1,579	463
9,215	8,437
3,060	2,873
8,266	8,370

Personal Banking

Business Banking

Canadian Banking

Caribbean & U.S. Banking

Total

Financial ratios

ROE 2

NIM (average earning assets, net) 2 Efficiency ratio 2

Operating leverage 2

Average balances 2

Total assets

Earning assets, net 2

Loans and acceptances, net

Deposits

Attributed capital 2

Risk capital 2

Credit quality

4,074	3,903	3,869	3,781	3,607	3,761	3,639	3,556	3,337
1,630	1,613	1,565	1,511	1,433	1,523	1,540	1,418	1,194
5,704	5,516	5,434	5,292	5,040	5,284	5,179	4,974	4,531
286	278	284	271	258	257	240	208	208
5,990	5,794	5,718	5,563	5,298	5,541	5,419	5,182	4,739

23.2%	26.0%	26.7%	28.1%	26.5%	29.8%	30.5%	29.2%	34.4%
2.82%	2.77%	2.77%	2.74%	2.70%	2.76%	2.72%	2.61%	2.46%
40.5%	40.4%	42.1%	41.7%	42.6%	40.2%	41.9%	41.1%	42.5%
5.5%	(0.3)%	(0.7)%	(1.5)%	(0.2)%	5.2%	8.9%	4.8%	(0.5)%

670,700	637,800	631,500	619,700	610,000	604,700	597,600	582,700	566,500
634,900	605,500	599,400	588,400	579,800	575,900	569,000	555,400	540,100
643,500	614,100	607,200	596,000	586,700	581,800	574,300	560,300	544,000
664,800	630,600	621,000	601,100	588,000	579,800	570,200	555,300	543,400
35,600	31,200	30,700	29,900	29,300	28,100	27,550	27,250	26,400
27,550	26,000	25,450	24,850	24,650	23,550	22,950	22,850	21,950

7,977 7,368

3,243 2,956

11,220 10,324

564515

11,784 10,839

24.5% 28.2%

2.79% 2.73%

40.5% 41.4%

2.4% 2.5%

654,100 607,300

620,000 577,800

628,600 584,300

647,600 583,800

33,400 28,700

26,750 24,100

15,018	13,957
6,032	5,325
21,050	19,282
1,070	861
22,120	20,143

27.8%	30.9%
2.74%	2.55%
41.7%	41.9%
0.6%	4.0%

616,600	575,900
585,900	548,900
593,000	553,300
597,500	552,100
29,500	26,800
24,650	22,350

Gross impaired loans (GIL) / Related loans and acceptances 2, 3

PCL on performing loans (Stage 1 and 2) / Average net loans and acceptance PCL on impaired loans (Stage 3) / Average net loans and acceptances

Net write-offs2 / Average net loans and acceptances 3

Business information

Assets under administration (AUA) 2, 4

Assets under management (AUM) 2

Number of employees (full-time equivalent)

After-tax effect of amortization of other intangibles

0.42%	0.39%	0.31%	0.28%	0.28%	0.26%	0.23%	0.24%	0.26%
0.16%	0.10%	0.07%	0.00%	0.09%	0.09%	0.04%	0.10%	(0.32)%
0.32%	0.31%	0.23%	0.20%	0.21%	0.18%	0.16%	0.13%	0.11%
0.23%	0.21%	0.18%	0.17%	0.16%	0.14%	0.19%	0.12%	0.12%

405,400	362,700	336,800	357,500	355,300	353,400	340,300	350,200	359,700
6,400	6,100	5,900	5,700	5,800	5,600	5,600	5,400	5,700
40,622	37,373	38,027	39,218	39,498	39,036	38,450	37,648	36,795
22	4	5	4	5	6	7	5	6

0.42% 0.28%

0.12% 0.10%

0.32% 0.19%

0.22% 0.15%

405,400 355,300

6,400 5,800

40,622 39,498

2611

0.31% 0.23%

0.06% (0.05)%

0.21% 0.14%

0.17% 0.13%

336,800 340,300

5,900 5,600

38,027 38,450

2024

PCL on performing assets represents Stage 1 and 2 PCL on all performing assets, except those classified or designated as FVTPL and equity securities designated as FVOCI. PCL on impaired assets represents Stage 3 PCL. Stage 3 PCL is comprised of lifetime credit losses of all credit-impaired financial assets, except those classified or designated as FVTPL and equity securities designated as FVOCI.
See 'Glossary' beginning on page 35 for explanation of composition of this measure.
Certain amounts have been revised from those previously presented.
AUA represents period-end spot balances and includes securitized residential mortgages and credit card loans as at April 30, 2024 of $16 billion and $6 billion, respectively (January 31, 2024 of $14 billion and $6 billion; April 30, 2023 of $15 billion and $8 billion).

-8-	ROYAL BANK OF CANADA
2nd Quarter 2024 - Supplementary Financial Information

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RBC - Royal Bank of Canada published this content on 30 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2024 10:05:24 UTC.