TECHNOLOGY @ RBC
Capital Markets
Capital Markets Total Average Assets
($ billions)
Geographic Diversification Across Loan Book
Average Loans Outstanding by Region ($ billions)(1)
CAGR ↑ 15%
1,017
78
79
78
755
667
576
86
494
99
65
100
101
87
83
83
18
20
14
16
19
42
41
52
52
51
42
27
26
30
30
26
2017
2018
2019
2020
Q4/2019
Q1/2020
Q2/2020
Q3/2020
Canada
U.S.
Other International
Q4/2020
PCL ($ millions)
Risk-Weighted Assets, Spot ($ billions)
181
201
CAGR ↑ 5%
Earnings Volatility vs. Canadian and U.S. Peers (Standard
Deviation/Avg Earnings) (2)
27.2%
24.8%
209
202
19.0%
2017
2018
2019
2020
RBC
Canadian Peers
U.S. Peers
(1) Average loans outstanding includes wholesale loans, acceptances, and off balance sheet letters of credit and guarantees for our Capital Markets portfolio, on single name basis. Excludes mortgage investments, securitized
mortgages and other non-core items. This chart has been restated to exclude certain intergroup exposures that are not part of the corporate lending business. This is a non-GAAP measure. For more information see slide 62. (2)
Reflects pre-provision, pre-tax earnings, which is revenue net of PBCAE and non-interest expenses. This is a non-GAAP measure. For more information, please refer to slide 62. Canadian peers include BMO, TD, CIBC, BNS and NA,
US peers include JPM, GS, BAC, Citi and MS.
19 BUSINESS SEGMENTS
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