Published
{
"ticker": "RY",
"cik": "0001000275",
"company": "Royal Bank of Canada",
"business_type": "bank",
"schema_template": "bank",
"reporting_currency": "CAD",
"converted_to_usd": true,
"units": "actual US dollars (not millions), converted from Canadian dollars; per-share figures are per common share in US dollars (RBC common shares trade directly on the NYSE; there is no ADR); share counts are actual numbers of common shares; ratios are in percent",
"units_notes_seen": {
"Q3 2026 interim balance sheet": "(Millions of Canadian dollars), As at July 31 2026 | October 31 2025",
"Q3 2026 interim statement of income": "(Millions of Canadian dollars, except per share amounts), For the three months ended | For the nine months ended: July 31 2026 | July 31 2025 | July 31 2026 | July 31 2025",
"Q3 2026 interim statement of cash flows": "(Millions of Canadian dollars), For the three months ended | For the nine months ended: July 31 2026 | July 31 2025 | July 31 2026 | July 31 2025",
"Q3 2026 Note 11 Earnings per share": "(Millions of Canadian dollars, except share and per share amounts); share counts labelled (in thousands)",
"Q3 2026 Selected financial and other highlights": "(Millions of Canadian dollars, except per share, number of and percentage amounts); share counts labelled (000s); columns July 31 2026 | April 30 2026 | July 31 2025 (three months) | July 31 2026 | July 31 2025 (nine months)",
"Q3 2026 Non-interest expense table (efficiency ratio)": "five columns as in the highlights table; ratios in percent",
"FY2025 consolidated balance sheet": "(Millions of Canadian dollars), As at October 31 2025 | October 31 2024",
"FY2025 consolidated statement of income": "(Millions of Canadian dollars, except per share amounts), For the year ended October 31 2025 | October 31 2024",
"FY2025 consolidated statement of cash flows": "(Millions of Canadian dollars), For the year ended October 31 2025 | October 31 2024",
"FY2025 Note 22 Earnings per share": "(Millions of Canadian dollars, except share and per share amounts); share counts labelled (in thousands)",
"FY2025 Table 1 Selected financial and other highlights": "(Millions of Canadian dollars, except per share, number of and percentage amounts); share counts labelled (000s)",
"Q3 2026 Note 14 Capital management table": "(Millions of Canadian dollars, except percentage amounts), As at July 31 2026 | October 31 2025",
"FY2025 Note 28 Capital management table": "(Millions of Canadian dollars, except percentage amounts), As at October 31 2025 | October 31 2024"
},
"adjustments": {
"splits_applied": [],
"adr_ratio": null,
"per_share_basis": "RBC's common shares are listed directly on the New York Stock Exchange (ticker RY), not as American Depositary Receipts, so per-share figures are per common share. Earnings, dividends per share and every other money figure are converted from Canadian dollars to US dollars; share counts are as filed.",
"fx": "RBC reports in Canadian dollars under IFRS. Every money figure is converted to US dollars: income statement, cash flow and per-share figures at the period's average rate, balance sheet and capital figures at the rate on the balance sheet date. The rates are the ones RBC itself prints as the US$ equivalent of C$1.00, inverted to Canadian dollars per US dollar: three months ended July 31, 2026 average 0.714 and July 31, 2026 period-end 0.713; three months ended July 31, 2025 average 0.728 and July 31, 2025 period-end 0.722; nine months ended July 31, 2026 average 0.723 and nine months ended July 31, 2025 average 0.710 (all from the Q3 2026 report's Selected financial and other highlights); fiscal 2025 average 0.712 and October 31, 2025 period-end 0.713; fiscal 2024 average 0.736 and October 31, 2024 period-end 0.718 (2025 Annual Report, Table 1). RBC computes its averages from month-end spot rates. No filing states a rate for the trailing twelve months, so that view uses the average of the Federal Reserve's H.10 daily Canadian dollar rate for August 1, 2025 to July 31, 2026. The rate applied to each period is recorded with that period under 'conversion'."
},
"annual": [
{
"fiscal_year": 2025,
"label": "FY2025",
"period_start": "2024-11-01",
"period_end": "2025-10-31",
"period_type": "fiscal year",
"source_accession": "0001193125-25-305927",
"accounting_basis": "IFRS (audited annual consolidated financial statements)",
"conversion": {
"currency": "CAD",
"average": {
"cad_per_usd": 1.404494,
"source": "2025 Annual Report, Exhibit 2 to Form 40-F (accession 0001193125-25-305927), Table 1: Period average US$ equivalent of C$1.00 0.712 (2025); inverted to C$ per US$"
},
"closing": {
"cad_per_usd": 1.402525,
"source": "2025 Annual Report, Exhibit 2 to Form 40-F (accession 0001193125-25-305927), Table 1: Period-end US$ equivalent of C$1.00 0.713 (October 31, 2025); inverted to C$ per US$"
}
},
"income_statement": {
"total_interest_income": 73923420107,
"total_interest_expense": 50427413716,
"net_interest_income": 23496006391,
"trading_revenue": 2225000605,
"investment_management_and_custodial_fees": 7580666062,
"mutual_fund_revenue": 3619808985,
"underwriting_and_other_advisory_fees": 2064088561,
"total_noninterest_income": 23926766508,
"total_revenue": 47422772899,
"provision_for_credit_losses": 3105744845,
"human_resources_expense": 16462868478,
"total_noninterest_expense": 26053511087,
"income_before_income_taxes": 18263516968,
"income_taxes": 3760785023,
"net_income": 14502731945,
"net_income_attributable_to_shareholders": 14497747943,
"net_income_attributable_to_noncontrolling_interests": 4984001,
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"basic_eps": 10.0392,
"diluted_eps": 10.0178,
"weighted_average_basic_shares": 1409072000,
"weighted_average_diluted_shares": 1411589000,
"dividends_per_common_share": 4.3005
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"total_assets": 1657728739238,
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"business_and_government_deposits": 674721662715,
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"total_deposits": 1080633856794,
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"total_risk_weighted_assets": 520650255789,
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"key_metrics": {
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},
{
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"label": "FY2024",
"period_start": "2023-11-01",
"period_end": "2024-10-31",
"period_type": "fiscal year",
"source_accession": "0001193125-25-305927",
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"average": {
"cad_per_usd": 1.358696,
"source": "2025 Annual Report, Exhibit 2 to Form 40-F (accession 0001193125-25-305927), Table 1: Period average US$ equivalent of C$1.00 0.736 (2024); inverted to C$ per US$"
},
"closing": {
"cad_per_usd": 1.392758,
"source": "2025 Annual Report, Exhibit 2 to Form 40-F (accession 0001193125-25-305927), Table 1: Period-end US$ equivalent of C$1.00 0.718 (October 31, 2024); inverted to C$ per US$"
}
},
"income_statement": {
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"total_noninterest_income": 21631770462,
"total_revenue": 42205173195,
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],
"quarterly": [
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"source": "Q3 2026 Report to Shareholders (accession 0001193125-26-369461), Selected financial and other highlights: Period average US$ equivalent of C$1.00 0.714 (three months ended July 31, 2026); inverted to C$ per US$"
},
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"source": "Q3 2026 Report to Shareholders (accession 0001193125-26-369461), Selected financial and other highlights: Period-end US$ equivalent of C$1.00 0.713 (July 31, 2026); inverted to C$ per US$"
}
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},
{
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},
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}
},
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],
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"source": "Q3 2026 Report to Shareholders (accession 0001193125-26-369461), Selected financial and other highlights: Period average US$ equivalent of C$1.00 0.710 (nine months ended July 31, 2025); inverted to C$ per US$"
}
},
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},
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"source": "Q3 2026 Report to Shareholders (accession 0001193125-26-369461), Selected financial and other highlights: Period average US$ equivalent of C$1.00 0.723 (nine months ended July 31, 2026); inverted to C$ per US$"
}
},
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"investment_management_and_custodial_fees": 6474464366,
"mutual_fund_revenue": 3138542692,
"underwriting_and_other_advisory_fees": 1910888813,
"total_noninterest_income": 20327866008,
"total_revenue": 39006569177,
"provision_for_credit_losses": 2170445787,
"human_resources_expense": 13441291683,
"total_noninterest_expense": 20742144967,
"income_before_income_taxes": 16093978423,
"income_taxes": 3573065650,
"net_income": 12520912773,
"net_income_attributable_to_shareholders": 12517297773,
"net_income_attributable_to_noncontrolling_interests": 3615000,
"preferred_dividends_and_other_equity_distributions": -302936970,
"net_income_available_to_common_shareholders": 12214360803,
"basic_eps": 8.77,
"diluted_eps": 8.7483,
"weighted_average_basic_shares": 1393110000,
"weighted_average_diluted_shares": 1396542000,
"dividends_per_common_share": 3.6439
},
"cash_flow": {
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"net_cash_from_investing_activities": -39009461177,
"net_cash_from_financing_activities": -9338990085,
"net_acquisitions_of_premises_and_equipment_and_other_intangibles": -1300676873,
"common_shares_purchased_for_cancellation": -3062627700,
"dividends_paid_on_shares_and_other_equity_instruments": -5165111494,
"net_change_in_cash_and_due_from_banks": 19604866079
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"key_metrics": {
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"net_interest_margin_pct": 1.54,
"efficiency_ratio_pct": 53.2
}
},
"trailing_twelve_months": {
"label": "Twelve months ended July 31, 2026 (derived)",
"period_start": "2025-08-01",
"period_end": "2026-07-31",
"period_type": "trailing twelve months",
"source_accession": "0001193125-26-369461",
"source_accessions": [
"0001193125-25-305927",
"0001193125-26-369461"
],
"derivation": "FY2025 (Form 40-F) plus the nine months ended July 31, 2026, less the nine months ended July 31, 2025 (Q3 2026 report), computed in Canadian dollars before conversion",
"conversion": {
"currency": "CAD",
"average": {
"cad_per_usd": 1.3852,
"source": "FRED DEXCAUS, average of 250 daily rates 2025-08-01 to 2026-07-31"
}
},
"income_statement": {
"net_interest_income": 24891712388,
"total_noninterest_income": 26479930696,
"total_revenue": 51371643084,
"provision_for_credit_losses": 2894166907,
"total_noninterest_expense": 27478342478,
"income_before_income_taxes": 20999133699,
"income_taxes": 4574068727,
"net_income": 16425064973,
"net_income_available_to_common_shareholders": 16017181634
},
"cash_flow": {
"net_cash_from_operating_activities": 57385215131
}
},
"notes": [
"Template: bank. RBC is a diversified Canadian bank (personal and commercial banking, wealth management, insurance and capital markets), so the record follows its own statement layout: net interest income plus non-interest income equals total revenue, then provision for credit losses, non-interest expense and taxes. Total revenue is the line RBC prints; non-interest income includes its insurance service and insurance investment results. Revenue less cost of revenue, capital expenditure and free cash flow are not meaningful for a bank and are not shown.",
"Sources. FY2025 and FY2024 come from the 2025 Annual Report consolidated financial statements (Exhibit 2 to Form 40-F, accession 0001193125-25-305927). Q3 FY2026 (three months ended July 31, 2026), Q3 FY2025 (three months ended July 31, 2025), both nine-month periods and the July 31, 2026 balance sheet come from the Q3 2026 Report to Shareholders (Exhibit 99.2 to Form 6-K, accession 0001193125-26-369461), whose interim statements are prepared under IAS 34 and are unaudited. The October 31, 2025 balance sheet printed in the Q3 report matches the annual report's line for line and is carried once, on FY2025.",
"The interim cash flow statement prints three-month columns as well as nine-month ones, so the quarterly cash flow figures are as printed, not derived by subtraction.",
"Q3 FY2025 balance sheet: the interim balance sheet compares July 31, 2026 with October 31, 2025 only. The July 31, 2025 figures shown (total assets, securities, net loans, derivative assets, deposits, common equity, risk-weighted assets, capital ratios and shares outstanding) come from the Q3 2026 report's Selected financial and other highlights table, which prints that date as its comparative column; the rest of that quarter's balance sheet is not printed in these filings.",
"Earnings per share: the numerator is net income available to common shareholders, which is net income less dividends on preferred shares and distributions on other equity instruments and less the non-controlling interests' share (Note 11 of the Q3 2026 report; Note 22 of the 2025 annual statements). Weighted average share counts are printed in thousands and are stored as actual share counts.",
"Common equity is RBC's own highlights-table figure: equity attributable to shareholders less preferred shares and other equity instruments (for example $145,036 million less $11,114 million equals $133,922 million at July 31, 2026, in Canadian dollars). Common shares outstanding are period-end counts, net of treasury shares.",
"Regulatory capital figures (CET1, Tier 1 and total capital ratios, leverage ratio, risk-weighted assets, CET1 capital) are calculated by RBC under the Office of the Superintendent of Financial Institutions' Capital Adequacy Requirements and Leverage Requirements guidelines. The FY2025 and FY2024 values come from Note 28 (Capital management) to the annual statements; the quarterly values come from the Q3 2026 report's highlights table, and the July 31, 2026 CET1 capital from its Note 14 (Capital management).",
"Return on common equity, net interest margin (on average earning assets, net) and the efficiency ratio (non-interest expense as a percentage of total revenue) are RBC's reported ratios, as printed; they are not part of the audited statements. Ratios are in percent.",
"Sign convention: deductions and outflows are negative, as the statements print them in parentheses: the allowance for loan losses, the preferred dividend deduction in the EPS calculation, investing and financing outflows, share repurchases and dividends paid.",
"Trailing twelve months: derived, not printed. Each figure is FY2025 plus the nine months ended July 31, 2026 less the nine months ended July 31, 2025, computed in Canadian dollars and then converted (for example total revenue C$66,605 million + C$53,951 million - C$49,396 million = C$71,160 million). Per-share figures are not derived for this view.",
"No stock split or consolidation affects these periods, and no restatement of the comparative periods is indicated in the filings: the Q3 FY2025 and nine-month FY2025 columns are presented without any restated or revised label."
],
"uncertainties": [
"Currency conversion: the rates RBC prints are rounded to three decimal places (US$ per C$1.00) and are averages of month-end spot rates, so converted figures carry a rounding effect of up to about 0.07% and differ slightly from conversions at averages of daily rates. Ratios, share counts and percentages are unaffected.",
"Because each period is converted at its own rate, US dollar figures do not add across periods: FY2025 plus nine months FY2026 less nine months FY2025 in US dollars does not equal the trailing-twelve-month figure, which was derived in Canadian dollars and converted at a separate twelve-month average rate.",
"Q3 FY2025 carries only the selected balance sheet lines the Q3 2026 report prints for July 31, 2025; it has no full balance sheet, so balance sheet identities cannot be tested for that quarter.",
"The Q3 2026 report's highlights and MD&A tables also print selected figures for the quarter ended April 30, 2026, but its financial statements do not present that quarter, so it is not carried here. It is reported in RBC's Q2 2026 Report to Shareholders (accession 0001193125-26-242928)."
],
"headline": {
"period": "Q3 FY2026",
"period_end_words": "July 31, 2026",
"metrics": [
{
"label": "Revenue",
"format": "usd",
"value": 13236134118,
"text": "$13.24 billion",
"exact": "$13,236,134,118",
"compact": "$13.24B",
"abs": "$13.24 billion",
"prior_value": 12365083363,
"prior": "$12.37 billion",
"priorabs": "$12.37 billion",
"yoy": "up 7.0%",
"source": {
"array": "quarterly",
"field": "income_statement.total_revenue",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-07-31",
"period_start": "2026-05-01",
"span_days": 91,
"source_accession": "0001193125-26-369461",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-07-31",
"prior_period_start": "2025-05-01",
"prior_span_days": 91,
"prior_source_accession": "0001193125-26-369461",
"gap_days": 365
}
},
{
"label": "Net income",
"format": "usd",
"value": 4299708688,
"text": "$4.3 billion",
"exact": "$4,299,708,688",
"compact": "$4.30B",
"abs": "$4.3 billion",
"prior_value": 3942121072,
"prior": "$3.94 billion",
"priorabs": "$3.94 billion",
"yoy": "up 9.1%",
"source": {
"array": "quarterly",
"field": "income_statement.net_income_attributable_to_shareholders",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-07-31",
"period_start": "2026-05-01",
"span_days": 91,
"source_accession": "0001193125-26-369461",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-07-31",
"prior_period_start": "2025-05-01",
"prior_span_days": 91,
"prior_source_accession": "0001193125-26-369461",
"gap_days": 365
}
},
{
"label": "Diluted EPS",
"format": "eps",
"value": 3.0202,
"text": "$3.02",
"exact": "$3.02",
"compact": "$3.02",
"abs": "$3.02",
"prior_value": 2.73,
"prior": "$2.73",
"priorabs": "$2.73",
"yoy": "up 10.6%",
"source": {
"array": "quarterly",
"field": "income_statement.diluted_eps",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-07-31",
"period_start": "2026-05-01",
"span_days": 91,
"source_accession": "0001193125-26-369461",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-07-31",
"prior_period_start": "2025-05-01",
"prior_span_days": 91,
"prior_source_accession": "0001193125-26-369461",
"gap_days": 365
}
},
{
"label": "Return on common equity",
"format": "pct",
"value": 17.9,
"text": "17.9%",
"exact": "17.9%",
"compact": "17.9%",
"abs": "17.9%",
"prior_value": 17.3,
"prior": "17.3%",
"priorabs": "17.3%",
"yoy": "up 0.6 points",
"source": {
"array": "quarterly",
"field": "key_metrics.return_on_common_equity_pct",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-07-31",
"period_start": "2026-05-01",
"span_days": 91,
"source_accession": "0001193125-26-369461",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-07-31",
"prior_period_start": "2025-05-01",
"prior_span_days": 91,
"prior_source_accession": "0001193125-26-369461",
"gap_days": 365
}
},
{
"label": "Efficiency ratio",
"format": "pct",
"value": 52.8,
"text": "52.8%",
"exact": "52.8%",
"compact": "52.8%",
"abs": "52.8%",
"prior_value": 54.4,
"prior": "54.4%",
"priorabs": "54.4%",
"yoy": "down 1.6 points",
"source": {
"array": "quarterly",
"field": "key_metrics.efficiency_ratio_pct",
"index": 0,
"period_label": "Q3 FY2026",
"period_end": "2026-07-31",
"period_start": "2026-05-01",
"span_days": 91,
"source_accession": "0001193125-26-369461",
"prior_index": 1,
"prior_period_label": "Q3 FY2025",
"prior_period_end": "2025-07-31",
"prior_period_start": "2025-05-01",
"prior_span_days": 91,
"prior_source_accession": "0001193125-26-369461",
"gap_days": 365
}
}
],
"summary": "Royal Bank of Canada reported net income attributable to shareholders of $4.3 billion for Q3 FY2026, the quarter ended July 31, 2026, up 9.1% from a year earlier, on total revenue of $13.24 billion, up 7.0%. Diluted earnings per share were $3.02, up 10.6%, with Wealth Management, Capital Markets and Commercial Banking driving the gain. Return on common equity rose to 17.9% and the efficiency ratio improved to 52.8% from 54.4%, as revenue grew faster than expenses; RBC reports in Canadian dollars, and these amounts are converted to US dollars.",
"qa": [
{
"q": "How much did Royal Bank of Canada earn in Q3 FY2026?",
"a": "Royal Bank of Canada reported net income attributable to shareholders of $4.3 billion for Q3 FY2026, the quarter ended July 31, 2026, up 9.1% from $3.94 billion a year earlier. Diluted earnings per share were $3.02, compared with $2.73, in US dollars converted from the Canadian dollars RBC reports in."
},
{
"q": "What was Royal Bank of Canada's revenue in Q3 FY2026?",
"a": "Royal Bank of Canada's total revenue for Q3 FY2026, the quarter ended July 31, 2026, was $13.24 billion, up 7.0% from $12.37 billion in the same quarter a year earlier. Non-interest income, led by investment management and custodial fees, grew faster than net interest income."
},
{
"q": "What is Royal Bank of Canada's return on equity?",
"a": "Royal Bank of Canada's return on common equity was 17.9% in Q3 FY2026, the quarter ended July 31, 2026, up 0.6 points from 17.3% a year earlier."
},
{
"q": "What is Royal Bank of Canada's efficiency ratio?",
"a": "Royal Bank of Canada's efficiency ratio, non-interest expense as a share of total revenue, was 52.8% in Q3 FY2026, compared with 54.4% a year earlier, as revenue grew faster than expenses."
}
]
},
"company_details": {
"Name": "Royal Bank Of Canada",
"Ticker": "RY",
"CIK": "0001000275",
"Exchange": "NYSE",
"State": "",
"Incorporation": "Ontario, Canada",
"SIC": "6029",
"Office": "Finance",
"Industry": "Commercial Banks, NEC"
},
"next_filing": {
"predicted_date": "2026-12-02",
"predicted_type": "40-F"
},
"fiscal_period": {
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"fiscal_period": "Q3",
"tag": "FY26Q3",
"period_end": "2026-07-31",
"form": "6-K",
"accession": "0001193125-26-369461",
"fiscal_year_end": "1031",
"source": "derived"
},
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{
"role": "annual",
"current": false,
"form": "40-F",
"fiscal_year": 2025,
"fiscal_period": "FY",
"tag": "FY25",
"period_end": "2025-10-31",
"filed": "2025-12-03",
"accession": "0001193125-25-305927",
"url": "https://www.sec.gov/Archives/edgar/data/1000275/000119312525305927/d95203d40f.htm",
"source": "reported"
},
{
"role": "quarterly",
"current": true,
"form": "6-K",
"fiscal_year": 2026,
"fiscal_period": "Q3",
"tag": "FY26Q3",
"period_end": "2026-07-31",
"filed": "2026-08-27",
"accession": "0001193125-26-369461",
"url": "https://www.sec.gov/Archives/edgar/data/1000275/000119312526369461/0001193125-26-369461-index.htm",
"source": "derived"
}
],
"figure_sources": {
"about": "Where each figure in this file is printed in its SEC filing. This block mirrors the paths of the figures: figure_sources.annual[0].income_statement.net_income is the source of annual[0].income_statement.net_income. Each entry reads '<document>#<anchor>', and the link is documents[<document>] + '#<anchor>': it opens the filing at the line that prints that number. A figure with no entry is not printed in a tagged filing, either because it was calculated (margins, free cash flow, trailing twelve months, a quarter derived by subtraction) or because it comes from an untagged earnings release. A figure this file converted to US dollars links to the number as the filing prints it, in the filing's own currency: that number at its period's conversion rate (and ADS ratio, for a per-share figure) is the figure.",
"documents": {
"d1": "https://www.sec.gov/Archives/edgar/data/1000275/000119312525305927/d95203dex2.htm"
},
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{
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"total_interest_expense": "d1#ixv-200231",
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"trading_revenue": "d1#ixv-200239",
"investment_management_and_custodial_fees": "d1#ixv-200241",
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"human_resources_expense": "d1#ixv-200269",
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"income_before_income_taxes": "d1#ixv-200285",
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"net_income_attributable_to_shareholders": "d1#ixv-200291",
"net_income_attributable_to_noncontrolling_interests": "d1#ixv-200293",
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"diluted_eps": "d1#ixv-200300",
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"common_shares_outstanding": "d1#ixv-205677"
},
"regulatory_capital": {
"total_risk_weighted_assets": "d1#ixv-206741",
"cet1_capital": "d1#ixv-206729"
}
}
]
}
}