RBC Financial Performance Update
Track-record of delivering value to our shareholders
Financial performance objectives measure our performance against our goal of maximizing total shareholder returns
Medium-Term Objectives
Profitability
Diluted EPS growth
ROE(2)
7%+
16%+
Capital
Management
Capital ratios (CET1 ratio)
Dividend payout ratio
Strong
40% - 50%
Dividend (3) and Earnings (4) per Share ($): 2010-20 CAGR 18%
8.36 8.75
7.56
7.82
6.73 6.78
6.00
5.49
4.91
4.19
3.46
2010-20 Average Dividend
Payout ratio of 47%
Average (1)
3 Years
5 Years
ā
1%
3%
16.2%
16.4%
12.0%
11.6%
49%
48%
Tangible Book Value & Book Value Per Share ($) (4)
2010-20 CAGR: BVPS19% & TBVPS 10%
43.3
45.5
40.1
32.7
35.8
31.1
2.00 2.08 2.28 2.53 2.84 3.08 3.24 3.48 3.77 4.07 4.29
25.8
22.2
18.1
17.5
19.5
24.0
24.3 26.5 29.9 33.7
39.5 43.3 46.4
51.1 54.4 56.8
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
- Earnings per share (diluted) - -Dividend per share
Achieved Solid TSR (5) Performance
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Book value per share Tangible book value per share
3 Year
5 Year
10 Year
20 Year
RBC
Peer Average
11%
9%
13%
11%
11%
11%
13%
10%
(1) Diluted EPS growth is calculated using a Compound Annual Growth Rate (CAGR). ROE, CET1 and dividend payout ratio are calculated using an average. (2) ROE. This measure does not have a standardized meaning under GAAP. For further information, refer to the
Key performance and non-GAAP measures section of Q2 2021 Report to Shareholders. (3) Dividends declared per common share. Our current quarterly dividendis $1.08. (4) EPS, TBVPS and BVPS for 2010 were determined under Canadian Generally Accepted
Accounting Policies (CGAAP) framework. (5) Annualized TSR is calculated based on the TSX common share price appreciation plus reinvested dividend income. Source: Bloomberg, as at April 30, 2021. RBC is compared to our global peer group. The peer group average
excludes RBC; for the list of peers, please refer to our 2020 Annual Report.
7 | ABOUT RBC
RBCView entire presentation