RBC Regulatory Balances Drop to $2 Billion
Ticker: RYLBF · Form: 6-K · Filed: May 30, 2024 · CIK: 1000275
| Field | Detail |
|---|---|
| Company | Royal Bank Of Canada (RYLBF) |
| Form Type | 6-K |
| Filed Date | May 30, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, balances, liquidity
Related Tickers: RY
TL;DR
RBC's regulatory balances down to $2B from $3B.
AI Summary
Royal Bank of Canada reported that its total balances due to regulatory requirements or contractual restrictions from central banks and other counterparties were $2 billion as of April 30, 2024. This is a decrease from $3 billion reported on January 31, 2024, and $3 billion on October 31, 2023.
Why It Matters
A decrease in these balances could indicate improved liquidity or a shift in regulatory requirements for Royal Bank of Canada.
Risk Assessment
Risk Level: low — The filing is a routine 6-K report providing balance information, not indicating any immediate or significant risks.
Key Numbers
- $2 billion — Regulatory Balances (As of April 30, 2024, a decrease from previous periods.)
Key Players & Entities
- ROYAL BANK OF CANADA (company) — Filer
- $2 billion (dollar_amount) — Total balances as of April 30, 2024
- $3 billion (dollar_amount) — Total balances as of January 31, 2024
- $3 billion (dollar_amount) — Total balances as of October 31, 2023
FAQ
What is the primary purpose of the balances reported by Royal Bank of Canada?
The balances are due to regulatory requirements or contractual restrictions from central banks, other regulatory authorities, and other counterparties.
What was the total amount of these balances on April 30, 2024?
The total balances were $2 billion as at April 30, 2024.
How does the April 30, 2024 balance compare to January 31, 2024?
The balance on April 30, 2024 ($2 billion) is a decrease from the balance on January 31, 2024 ($3 billion).
What was the balance on October 31, 2023?
The balance was $3 billion as at October 31, 2023.
What is the fiscal year end for Royal Bank of Canada?
The fiscal year end for Royal Bank of Canada is October 31.
Filing Stats: 312 words · 1 min read · ~1 pages · Grade level 14.6 · Accepted 2024-05-30 06:30:50
Filing Documents
- d73620d6k.htm (6-K) — 967KB
- d73620dex991.htm (EX-99.1) — 146KB
- d73620dex992.htm (EX-99.2) — 9793KB
- d73620dex993.htm (EX-99.3) — 5KB
- d73620dex311.htm (EX-31.1) — 10KB
- d73620dex312.htm (EX-31.2) — 10KB
- g63341g01k41.jpg (GRAPHIC) — 38KB
- g63341g20j14.jpg (GRAPHIC) — 47KB
- g63341g21g04.jpg (GRAPHIC) — 75KB
- g63341g35n23.jpg (GRAPHIC) — 124KB
- g63341g59o37.jpg (GRAPHIC) — 48KB
- g63341g63y17.jpg (GRAPHIC) — 60KB
- g63341g69c35.jpg (GRAPHIC) — 41KB
- g63341g82b39.jpg (GRAPHIC) — 36KB
- g63341g99h68.jpg (GRAPHIC) — 47KB
- g73620dsp04.jpg (GRAPHIC) — 4KB
- 0001193125-24-149735.txt ( ) — 36078KB
- ry-20240430.xsd (EX-101.SCH) — 140KB
- ry-20240430_cal.xml (EX-101.CAL) — 91KB
- ry-20240430_def.xml (EX-101.DEF) — 608KB
- ry-20240430_lab.xml (EX-101.LAB) — 775KB
- ry-20240430_pre.xml (EX-101.PRE) — 755KB
- d73620d6k_htm.xml (XML) — 10215KB
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ROYAL BANK OF CANADA Date: May 30, 2024 By: /s/ Katherine Gibson Name: Katherine Gibson Title: Interim Chief Financial Officer EXHIBIT INDEX Exhibit Description of Exhibit 99.1 Second Quarter 2024 Earnings Release 99.2 Second Quarter 2024 Report to Shareholders (which includes management's discussion and analysis and unaudited interim condensed consolidated financial statements) 99.3 Return on Equity and Assets Ratios Rule 13a-14(a)/15d-14(a) Certifications 31.1 - Certification of the Registrant's Chief Executive Officer 31.2 - Certification of the Registrant's Interim Chief Financial Officer 101 Interactive Data File (formatted as Inline XBRL) 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)