Top Banks in Canada
Below is a list of the largest banks in Canada ranked by total assets in billions of Canadian dollars. The top 10 Canadian banks had over C$5 trillion in assets as of January 31, 2018. Royal Bank of Canada is the largest bank in the country with consolidated total assets of C$1.276 trillion.
| Rank |
Bank |
01/2018 |
2017 |
2016 |
2015 |
2014 |
2013 |
2012 |
2011 |
2010 |
2009 |
| 1 | Royal Bank of Canada | 1,276.28 | 1,212.85 | 1,180.26 | 1,074.21 | 940.550 | 859.745 | 825.100 | 793.833 | 726.206 | 654.989 |
| 2 | Toronto-Dominion Bank | 1,261.32 | 1,279.00 | 1,176.97 | 1,104.37 | 960.511 | 862.021 | 811.106 | 735.493 | 619.545 | 557.219 |
| 3 | Bank of Nova Scotia | 923.152 | 915.273 | 896.266 | 856.497 | 805.667 | 743.788 | 668.044 | 594.423 | 526.657 | 496.516 |
| 4 | Bank of Montreal | 727.909 | 709.580 | 687.935 | 641.881 | 588.659 | 537.299 | 525.449 | 500.575 | 411.640 | 388.458 |
| 5 | CIBC | 586.927 | 565.264 | 501.357 | 463.309 | 414.903 | 398.389 | 393.385 | 383.758 | 352.040 | 335.944 |
| 6 | Desjardins Group * | n/a | 275.095 | 258.367 | 248.128 | 229.387 | 212.005 | 196.818 | 190.182 | 178.931 | 157.442 |
| 7 | National Bank of Canada | 251.065 | 245.827 | 232.206 | 216.090 | 205.429 | 188.204 | 177.903 | 166.854 | 145.301 | 132.138 |
| 8 | HSBC Bank Canada | n/a | 96.379 | 94.657 | 94.024 | 88.204 | 84.26 | 80.714 | 80.068 | 78.017 | 71.337 |
| 9 | Laurentian Bank of Canada | 47.424 | 46.683 | 43.006 | 39.660 | 34.849 | 33.926 | 34.937 | 28.963 | 23.772 | 22.165 |
| 10 | Canadian Western Bank | 27.914 | 26.447 | 25.223 | 22.839 | 20.609 | 18.520 | 16.873 | 14.849 | 12.702 | 11.636 |
Top 5 Banks in Canada by Market Capitalization
| Rank | Bank | Market cap, C$b (March 15, 2018) |
| 1 | Royal Bank of Canada (RBC) | 147.625 |
| 2 | Toronto-Dominion Bank | 140.316 |
| 3 | Bank of Nova Scotia | 98.356 |
| 4 | Bank of Montreal (BMO) | 63.650 |
| 5 | Canadian Imperial Bank of Commerce (CIBC) | 52.100 |
Top Banks in Canada by Revenue, Deposits and Loans
Following are the five largest banks in Canada ranked by revenue, deposits and loans. In September 2017, Canada's Big Five banks raised their prime lending rate to 3.2%.
| Rank | Bank | Total Revenue (C$b) | Net income (C$b) | Deposits (C$b) | Loans (C$b) |
| 1 | Royal Bank of Canada | 38.405 | 10.458 | 757.589 | 521.604 |
| 2 | Toronto-Dominion Bank | 34.315 | 8.936 | 773.660 | 585.656 |
| 3 | Bank of Nova Scotia | 26.350 | 7.368 | 611.877 | 480.164 |
| 4 | Bank of Montreal | 21.087 | 4.631 | 473.372 | 360.655 |
| 5 | CIBC | 15.035 | 4.295 | 395.647 | 319.781 |
(For financial year 2016)