NPS Intelligence (beta)

Disclosed NPS & retention by vertical

Verticals  /  Banking  /  Royal Bank of Canada

Royal Bank of Canada

BankingCommercial BankRY
rbc.com ↗
60
Latest disclosed NPS
7 Mar 2019
8
NPS entries
2 with a number
90%
Retention
1 Mar 2023
2017–26
Years covered
14 entries in all

In their words

“Our retention rates of approximately 90% and midterm attrition rates at 5-year lows”
— Dave McKay, President and Chief Executive Officer, Royal Bank of Canada · Earnings call, Q1 2023 · 1 Mar 2023
“Our mortgage retention rates are exceptionally strong at 90%”
— Dave McKay, President and Chief Executive Officer, Royal Bank of Canada · Earnings call, Q1 2022 · 24 Feb 2022
“We are seeing retention rates at nearly 92%”
— Dave McKay, President and Chief Executive Officer, Royal Bank of Canada · Earnings call, Q4 2020 · 2 Dec 2020

Disclosed NPS over time

Every Net Promoter Score Royal Bank of Canada has published, by date.

5060705360

NPS disclosures (8)

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17 Oct 2026
CSATProgram

RBC recognized for exceptional client experience in the 2026 Ipsos Financial Services Customer Service Index based on nearly 48,000 Canadian surveys.

— reported by ca.finance.yahoo.com · 17 Oct 2026
ca.finance.yahoo.com ↗
16 Oct 2026
NPSProgram

RBC honoured for Exceptional Client Experience in 2026 Ipsos Financial Service awards, including Net Promoter Score recognition.

— reported by rbc.com · 16 Oct 2026
rbc.com ↗
16 Oct 2025
NPSProgram

RBC was recognized with top honours in the Annual 2025 Ipsos Financial Service Excellence awards, the only Big Five bank to be a sole award recipient, earning four awards including Net Promoter recognition.

— reported by finance.yahoo.com · 16 Oct 2025
finance.yahoo.com ↗
4 Dec 2024
NPSProgram

Our One RBC client-first approach is also reflected in the multiple awards and record Net Promoter Scores achieved by our private bank. Turning to mortgages, where we plan to maintain our disciplined growth strategy amidst intense competition.

— Dave McKay, President and Chief Executive Officer, Royal Bank of Canada · Earnings call, Q4 2024 · 4 Dec 2024
Earnings call, Q4 2024 ↗
4 Dec 2024
NPSProgram

…Mobile App Satisfaction Study, Canada Online Banking Satisfaction Study and Canada Retail Banking Satisfaction Study Secured a win for all 11 Ipsos 2024 Financial Service Excellence Awards among the Big 5 banks, including four solo wins in “Recommend…

— Royal Bank of Canada · SEC 40-F annual report · filed 4 Dec 2024
SEC 40-F annual report ↗
5 Mar 2020
NPSProgram

Client survey results Metric 2019 results Personal & Commercial Banking (70% weight) Personal Net Promoter Score (60% weight) Commercial Net Promotor Score (40% weight) 110% Wealth Management (20% weight) Canadian Institutional Investors Survey (PH&N)…

— Royal Bank of Canada · SEC 6-K report · filed 5 Mar 2020
SEC 6-K report ↗
7 Mar 2019
NPS60

Client survey results Metric 2018 result s Personal & Commercial Banking (70% weight) Personal Net Promoter Score (60% weight) Commercial Net Promoter Score (40% weight) 110% Wealth Management (20% weight) Canadian Institutional Investors Survey (PH&N)…

— Royal Bank of Canada · SEC 6-K report · filed 7 Mar 2019
SEC 6-K report ↗
23 Aug 2017
NPS53

As we strengthen our customer relationships, we’re pleased that our net promoter score in the insurance business remains among the best-in-class at over 53%.

— Rod Bolger, Chief Financial Officer, Royal Bank of Canada · Earnings call, Q3 2017 · 23 Aug 2017
Earnings call, Q3 2017 ↗

Retention disclosures (6)

Open in the retention database →

1 Mar 2023
Retention90%

Retention rate (Mortgage customers): 90% (Q1 2023) — “our retention rates of approximately 90% and midterm attrition rates at 5-year lows”

— Dave McKay, President and Chief Executive Officer, Royal Bank of Canada · Earnings call, Q1 2023 · 1 Mar 2023
Earnings call, Q1 2023 ↗
24 Feb 2022
Retention90%

Retention rate (Mortgage customers): 90% (Q1 2022) — “our mortgage retention rates are exceptionally strong at 90%”

— Dave McKay, President and Chief Executive Officer, Royal Bank of Canada · Earnings call, Q1 2022 · 24 Feb 2022
Earnings call, Q1 2022 ↗
2 Dec 2020
Retention92%

Retention rate (Mortgage customers): 92% (Q4 2020) — “we are seeing retention rates at nearly 92%”

— Dave McKay, President and Chief Executive Officer, Royal Bank of Canada · Earnings call, Q4 2020 · 2 Dec 2020
Earnings call, Q4 2020 ↗
21 Feb 2020
Retention91%

Retention rate (mortgage): 91% (Q1 2020) — “strong client retention of over 91%”

— Rod Bolger, Chief Financial Officer, Royal Bank of Canada · Earnings call, Q1 2020 · 21 Feb 2020
Earnings call, Q1 2020 ↗
22 Aug 2018
Retention92%

Retention rate (mortgage): 92% (Q3 2018) — “we are quite happy with the 92% of the over 90% that Rod had mentioned”

— Neil McLaughlin, Executive in Credit or Risk Management, Royal Bank of Canada · Earnings call, Q3 2018 · 22 Aug 2018
Earnings call, Q3 2018 ↗
26 Jun 2018
Retention

RBC Mobile app includes credit card controls and tracks digital client retention as a performance indicator.

— reported by markets.businessinsider.com · 26 Jun 2018
markets.businessinsider.com ↗

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About these figures

Every figure here was publicly disclosed by the named company: press releases, annual reports, SEC filings, earnings calls and news coverage. Companies tend to publish their NPS when it is good, so these numbers run higher than a true industry average: read them as what leading companies in this vertical say publicly, not as an industry benchmark.

NPS runs from −100 to +100. Retention figures are reported as the company defines them (net revenue retention, gross revenue retention, customer retention rate, churn). Every entry links to its source in the full database.