Bank Pre-Tax Return on Assets (Pre-Tax ROA) fell 33.0% to 0.788% in Canada in 2023

Bank pre-tax ROA fell 33.0% to 0.788% in Canada in 2023, according to the National Central Bank.

Historically, bank pre-tax ROA in Canada reached an all time high of 1.23% in 1988 and an all time low of 0.367% in 1992. When compared to Canada's main peers, bank pre-tax ROA in Australia amounted to 1.96%, 2.81% in Mexico, 0.664% in United Kingdom and 1.31% in USA in 2023.

Canada has been ranked 93rd within the group of 99 countries we follow in terms of bank pre-tax ROA, 5 places below the position seen 10 years ago.