Leading Canadian companies by market cap 2024 | Statista (2024)

FAQs

Leading Canadian companies by market cap 2024 | Statista? ›

Key Takeaways

The Royal Bank of Canada (RBC) is the largest of the Big Five, with about CA$1.9 trillion assets under management. The term "Big Six" is sometimes used to include the National Bank of Canada.

Key Takeaways

The Royal Bank of Canada (RBC) is the largest of the Big Five, with about CA$1.9 trillion assets under management. The term "Big Six" is sometimes used to include the National Bank of Canada.

1) Royal Bank of Canada

RBC's substantial presence in both local and foreign markets is reflected in its market capitalization. The bank offers a wide range of services, including capital markets, investment services, wealth management, insurance, and personal and business banking.

Canada is a highly developed nation with one of the largest economies in the world, impacting much of global trade. Its largest industries are real estate, mining, and manufacturing, and it is home to some of the largest mining companies in the world.

What is the Big 3 bank in Canada? ›

Below is our analysis of each of Canada's three biggest banks, which are the Royal Bank of Canada, the Toronto-Dominion Bank, and the Bank of Nova Scotia.

Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Scotiabank, Canadian Imperial Bank of Commerce (CIBC), Royal Bank of Canada (RBC), and Toronto-Dominion Bank (TD).

RBC, Canada's biggest bank, reported a profit of $3.58 billion, up from $3.13 billion a year earlier, and earnings of $2.85 per share on an adjusted basis, topping the $2.80 average expected by analysts surveyed by Bloomberg.

As of January 2024, the market capitalization of Royal Bank of Canada amounted to 142.03 billion Canadian dollars, which placed the company at the top of the ranking. What is market capitalization?

The Toronto Stock Exchange is the largest exchange in Canada. The exchange is fully electronic with more than 1,500 companies listed. All transactions are conducted in Canadian dollars.

In 2023, TD Bank ranked first among Canada's brands, with an estimated brand value of 27.54 billion Canadian dollars.

Microsoft (MSFT)

Microsoft is considered one of the wealthiest companies in the world, and is currently the largest company by market cap. The technology giant develops and licenses a wide range of software, cloud, and hardware products spanning computing, productivity, business products, gaming, AI, and more.