5 Largest Banks in The World by Market Cap

This article discusses the 5 Largest Banks in The World by Market Cap. If you want to get detailed analysis on the global banking market analysis, you can head on to 20 Largest Banks in The World by Market Cap.

5. Royal Bank of Canada (NYSE:RY)

Market Capitalization: $136.5 billion

Royal Bank of Canada is a leading Canadian multinational financial services organization and the largest bank in Canada based on market capitalization. For the quarter ending on January 31, 2024, there was a 2.1% increase in net interest income, which signifies the difference between the interest earned on loans and the interest paid out on deposits. The adjusted profit for this period amounted to $4.07 billion, or $2.85 per share, exceeding analysts’ forecast of $2.80 per share. However, this figure was lower compared to the $4.26 billion or $3.04 per share reported in the same quarter of the previous year.