Bank CEO earns roughly a year's worth of the average worker's pay in about a workday [Wealth Professional (Canada)]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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US:NYSE Investor Relations:
rbc.com/investorrelations/index.html
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Source: Wealth Professional
Royal Bank of Canada is paying its long-time chief executive Dave McKay more than $20m a year as the bank delivers record profits, even as new data show Canada's CEO–worker pay gap hitting fresh highs. According to Reuters , Royal Bank of Canada set CEO Dave McKay's 2025 total compensation at $22.09m, 30 percent above his compensation target for the year, based on a regulatory filing. RBC, Canada's biggest bank by market capitalisation, highlighted McKay's role in delivering strong results “in the backdrop of major shifts in global trade and geopolitics.” Bloomberg reported that McKay received $23.76m in total compensation last year, including a bonus that was 86 percent above his target as the bank achieved record earnings His base salary in fiscal 2025 was $2m and was “essentially unchanged from a year earlier,” with most of his pay coming from incentive compensation along with share- and option-based awards. Bloomberg also reported that McKay took home about $2m less tha
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News
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RY
Earnings
- 2/26/26 - Beat
RY
Sec Filings
- 3/20/26 - Form FWP
- 3/20/26 - Form FWP
- 3/20/26 - Form FWP
- RY's page on the SEC website