Bank pre-tax ROE rose 15.3% yoy to 12.8% in Canada in 2Q2024, according to the National Central Bank. This is 1.29% more than in the previous quarter.
Historically, bank pre-tax ROE in Canada reached an all time high of 31.3% in 1Q2006 and an all time low of 7.76% in 1Q2008.
Canada has been ranked 40th within the group of 60 countries we follow in terms of bank pre-tax ROE, 17 places below the position seen 10 years ago.
Bank Pre-Tax Return on Equity (Pre-Tax ROE) | Unit | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
Australia | % | 12.2% | 12.7% | 10.2% | 27.2% | ... | ... | ... | ||||||||||||||
Belgium | % | 8.66% | 11.7% | 12.2% | 11.8% | 5.53% | ... | ... | ||||||||||||||
Belize | % | 16.4% | 16.9% | 15.1% | 15.1% | 14.7% | ... | |||||||||||||||
Canada | % | 9.01% | 11.1% | 11.8% | 12.1% | 12.7% | ... | |||||||||||||||
China | % | ... | ... | ... | 9.45% | ... | ... | ... | ... | |||||||||||||
France | % | 6.66% | 6.76% | 6.71% | 5.92% | 6.09% | ... | ... | ||||||||||||||
Germany | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Guatemala | % | 19.9% | 19.4% | 18.3% | 16.2% | 19.0% | ||||||||||||||||
Honduras | % | 13.7% | 14.7% | ... | ... | ... | ... | ... | ||||||||||||||
Indonesia | % | 14.8% | 14.0% | 14.3% | 14.4% | 15.3% | ... | |||||||||||||||
Ireland | % | 9.44% | 8.99% | 9.62% | 9.14% | 8.67% | ... | |||||||||||||||
Japan | % | ... | ... | ... | ... | ... | ... | ... | 5.76% | ... | 7.74% | ... | 4.74% | ... | ... | |||||||
Malaysia | % | 10.7% | 9.82% | 10.1% | 9.78% | 9.76% | ... | ... | ||||||||||||||
Mexico | % | 18.6% | 18.9% | 18.6% | 18.5% | 18.1% | ... | |||||||||||||||
New Zealand | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Papua New Guinea | % | 41.3% | 34.8% | 31.2% | 24.3% | ... | ... | ... | ||||||||||||||
USA | % | 14.5% | 13.5% | 13.2% | 11.4% | 11.2% | ... | ... | ||||||||||||||
United Kingdom | % | 14.8% | 11.6% | 10.9% | 9.04% | 13.7% | ... | ... |