RBC: $2B in restricted balances, options excluded from EPS
Ticker: RYLBF · Form: 6-K · Filed: Aug 27, 2025 · CIK: 1000275
| Field | Detail |
|---|---|
| Company | Royal Bank Of Canada (RYLBF) |
| Form Type | 6-K |
| Filed Date | Aug 27, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-compliance, earnings-per-share, stock-options
Related Tickers: RY
TL;DR
RBC holding $2B in restricted cash, and some stock options aren't counting towards EPS for Q3.
AI Summary
Royal Bank of Canada reported that as of July 31, 2025, it maintained $2 billion in balances due to regulatory requirements or contractual restrictions. This amount remained consistent from April 30, 2025, and July 31, 2024. The bank also noted that for the three months ended July 31, 2025, 917,151 outstanding stock options with an average exercise price of $177.97 were excluded from diluted earnings per share calculations.
Why It Matters
This filing provides insight into Royal Bank of Canada's regulatory compliance and its impact on share calculations, which can affect investor perception of profitability.
Risk Assessment
Risk Level: low — The filing reports routine regulatory balances and standard share option accounting, with no significant new risks identified.
Key Numbers
- $2B — Restricted Balances (Maintained due to regulatory requirements or contractual restrictions as of July 31, 2025.)
- 917,151 — Excluded Stock Options (Options excluded from diluted EPS calculation for the three months ended July 31, 2025, due to exercise price exceeding market price.)
Key Players & Entities
- ROYAL BANK OF CANADA (company) — Filer
- $2 billion (dollar_amount) — Restricted balances as of July 31, 2025
- July 31, 2025 (date) — Reporting date for restricted balances
- 917,151 (dollar_amount) — Number of stock options excluded from EPS calculation
- $177.97 (dollar_amount) — Average exercise price of excluded stock options
FAQ
What is the total amount of balances Royal Bank of Canada is required to maintain due to regulatory or contractual restrictions?
As of July 31, 2025, Royal Bank of Canada maintained $2 billion in balances due to regulatory requirements or contractual restrictions.
How has the amount of restricted balances changed over the past year?
The restricted balances were $2 billion as at July 31, 2025, which is consistent with April 30, 2025 ($2 billion) and July 31, 2024 ($2 billion), but down from $3 billion in October 2023.
How many stock options were excluded from the diluted earnings per share calculation for the three months ended July 31, 2025?
An average of 917,151 outstanding stock options were excluded from the calculation of diluted earnings per share for the three months ended July 31, 2025.
What was the average exercise price of the stock options excluded from the EPS calculation?
The average exercise price of the 917,151 outstanding options excluded from the diluted earnings per share calculation was $177.97.
Under what condition are stock options excluded from the calculation of diluted earnings per share?
Stock options are excluded from the calculation of diluted earnings per share when their exercise price is greater than the average market price of the company's common shares, calculated using the treasury stock method.
Filing Stats: 325 words · 1 min read · ~1 pages · Grade level 14.6 · Accepted 2025-08-27 06:16:14
Filing Documents
- d27056d6k.htm (6-K) — 914KB
- d27056dex991.htm (EX-99.1) — 151KB
- d27056dex992.htm (EX-99.2) — 8890KB
- d27056dex993.htm (EX-99.3) — 5KB
- d27056dex311.htm (EX-31.1) — 10KB
- d27056dex312.htm (EX-31.2) — 10KB
- g27056g0822112247351.jpg (GRAPHIC) — 2KB
- g941620g01a35.jpg (GRAPHIC) — 63KB
- g941620g01b35.jpg (GRAPHIC) — 66KB
- g941620g01d28.jpg (GRAPHIC) — 158KB
- g941620g08x08.jpg (GRAPHIC) — 137KB
- g941620g08x09.jpg (GRAPHIC) — 133KB
- g941620g43r05.jpg (GRAPHIC) — 96KB
- g941620g61n57.jpg (GRAPHIC) — 132KB
- g941620g64k03.jpg (GRAPHIC) — 87KB
- g941620g78v78.jpg (GRAPHIC) — 135KB
- 0001193125-25-189077.txt ( ) — 33096KB
- ry-20250731.xsd (EX-101.SCH) — 2251KB
- d27056d6k_htm.xml (XML) — 8986KB
From the Filing
6-K Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of August 2025 Commission File Number: 001-13928 Royal Bank of Canada (Translation of registrant's name into English) 200 Bay Street 1 Place Ville Marie Royal Bank Plaza Montreal, Quebec Toronto, Ontario Canada H3B 3A9 Canada M5J 2J5 Attention: Vice President, Attention: Vice President, Associate General Counsel Associate General Counsel & Corporate Secretary & Corporate Secretary (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F This report on Form 6-K, management's discussion and analysis and unaudited interim condensed consolidated financial statements included in exhibit 99.2, and exhibit 99.3 hereto are incorporated by reference as exhibits into the Registration Statement on Form F-3 (File No. 333-275898) and the Registration Statements on Form S-8 (File Nos. 333-12036, 333-12050, 333-13052, 333-13112, 333-117922, 333-207754, 333-207750, 333-207748, 333-252536, 333-268715, 333-287828 and 333-287969). Table of Contents Signature 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: August 27, 2025 By: /s/ Katherine Gibson Name: Katherine Gibson Title: Chief Financial Officer Table of Contents EXHIBIT INDEX Exhibit Description of Exhibit 99.1 Third Quarter 2025 Earnings Release 99.2 Third Quarter 2025 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 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) Table of Contents