Company Profile For Royal Bank of Canada

Royal Bank of Canada (RBC) is a diversified financial services company. It provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services on a global basis. The Company operates through five business segments: Canadian Banking, Wealth Management, Insurance, International Banking and Capital Markets. In August 2008, the Company completed the acquisition of Richardson Barr & Co., an energy advisory firm specializing in acquisitions and divestitures in the exploration and production sector. In June 2008, RBC completed the acquisition of the RBTT Financial Group and Baker Watts, Incorporated. In May 2008, the Company completed the acquisition of Phillips, Hager & North Investment Management Ltd. In February 2008, RBC Bancorporation, a wholly owned subsidiary of RBC, completed the acquisition of Alabama National BanCorporation.

BRIEF: For the nine months ended 31 July 2009, Royal Bank of Canada's interest income decreased 16% to C$16.04B. Net interest income after LLP increased 13% to C$6.41B. Net income applic. to Common decreased 29% to C$2.40B. Net interest income reflects a decrease in loans, offset by a decrease in interest expense on deposit. Net income was offset by an increase in occupancy expense and higher equipment expense.