RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 105.88

Change

+0.04 (+0.04)%

Market Cap

USD 98.47B

Volume

0.66M

Analyst Target

USD 88.28
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Royal Bank of Canada is a financial services company which provides personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-21 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
JPM JPMorgan Chase & Co

+0.12 (+0.06%)

USD 565.46B
JPM-PD JPMorgan Chase & Co

+0.07 (+0.28%)

USD 332.01B
JPM-PC JPMorgan Chase & Co

-0.01 (-0.04%)

USD 329.91B
BAC Bank of America Corp

-0.02 (-0.05%)

USD 307.03B
BML-PG Bank of America Corporation

-0.13 (-0.58%)

USD 303.69B
BML-PH Bank of America Corporation

+0.13 (+0.59%)

USD 300.32B
BAC-PE Bank of America Corporation

-0.01 (-0.04%)

USD 277.47B
BML-PL Bank of America Corporation

+0.05 (+0.23%)

USD 272.30B
BML-PJ Bank of America Corporation

-0.13 (-0.56%)

USD 266.57B
BAC-PB Bank of America Corporation

-0.12 (-0.48%)

USD 251.28B

ETFs Containing RY

HMAX:CA Hamilton Canadian Financi.. 22.65 % 0.00 %

-0.06 (-0.73%)

CAD 0.78B
TBNK:CA TD Canadian Bank Dividend.. 18.73 % 0.00 %

-0.20 (-0.73%)

CAD 0.02B
HEB:CA Hamilton Canadian Bank Eq.. 16.95 % 0.00 %

-0.14 (-0.73%)

CAD 0.67B
HBNK:CA Global X Equal Weight Can.. 16.87 % 0.00 %

-0.18 (-0.73%)

CAD 0.80B
CBNK:CA Mulvihill Canadian Bank E.. 13.92 % 0.00 %

-0.07 (-0.73%)

CAD 0.10B
BANK:CA Evolve Canadian Banks and.. 12.64 % 0.39 %

-0.04 (-0.73%)

CAD 0.18B
BMDLF 11.93 % 0.00 %

N/A

N/A
ZWB-U:CA BMO Covered Call Canadian.. 11.44 % 0.00 %

-0.22 (-0.73%)

N/A
HFIN:CA Hamilton Enhanced Canadia.. 10.43 % 0.00 %

-0.07 (-0.73%)

CAD 0.13B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 9.52 % 0.00 %

N/A

CAD 2.93M
FLCA Franklin FTSE Canada ETF 8.68 % 0.09 %

-0.01 (-0.73%)

USD 0.39B
RBNK:CA RBC Canadian Bank Yield I.. 7.95 % 0.33 %

-0.22 (-0.73%)

CAD 0.24B
IUTSF 7.89 % 0.00 %

N/A

N/A
ICAE:CA Invesco S&P/TSX Canadian .. 7.87 % 0.00 %

-0.32 (-0.73%)

CAD 7.17M
EWC iShares MSCI Canada ETF 7.67 % 0.47 %

-0.06 (-0.73%)

USD 2.44B
CSCA:LSE iShares VII Public Limite.. 7.65 % 0.00 %

-19.00 (-0.73%)

USD 1.03B
ZIU:CA BMO S&P/TSX 60 Index ETF 7.46 % 0.00 %

-0.37 (-0.73%)

CAD 0.07B
XCAN:SW Xtrackers MSCI Canada ESG.. 7.43 % 0.00 %

-0.65 (-0.73%)

USD 0.36B
QCE:CA Mackenzie Canadian Large .. 7.32 % 0.06 %

-0.30 (-0.73%)

CAD 0.13B
RCDC:CA RBC Canadian Dividend Cov.. 7.13 % 0.00 %

-0.22 (-0.73%)

CAD 0.03B
CAHEUA:SW UBS(Lux)Fund Solutions .. 7.08 % 0.00 %

N/A

USD 0.05B
CANCDA:SW UBS(Lux)Fund Solutions .. 7.08 % 0.00 %

-0.37 (-0.73%)

USD 1.05B
CANUKD:SW UBS(Lux)Fund Solutions .. 7.08 % 0.00 %

N/A

USD 4.86M
CAHCHA:SW UBS(Lux)Fund Solutions .. 7.08 % 0.00 %

-0.44 (-0.73%)

USD 0.03B
CAHGBA:SW UBS(Lux)Fund Solutions .. 7.08 % 0.00 %

N/A

USD 0.06B
CAHUSA:SW UBS(Lux)Fund Solutions .. 7.08 % 0.00 %

-0.70 (-0.73%)

USD 0.05B
CANA:SW UBS (LUX) FUND SOLUTIONS .. 7.08 % 0.00 %

N/A

N/A
CAHGBD:SW UBS(Lux)Fund Solutions .. 7.08 % 0.00 %

N/A

USD 1.29M
CSCA:SW iShares VII PLC - iShares.. 7.07 % 0.00 %

N/A

USD 1.02B
HCAN:SW HSBC MSCI Canada UCITS ET.. 7.05 % 0.00 %

-0.89 (-0.73%)

USD 0.03B
ICTE:CA Invesco S&P/TSX Composite.. 6.76 % 0.00 %

N/A

CAD 1.00M
DRMC:CA Desjardins RI Canada - Lo.. 6.20 % 0.29 %

-0.08 (-0.73%)

CAD 0.04B
GCSC:CA Guardian Canadian Sector .. 6.03 % 0.00 %

-0.18 (-0.73%)

CAD 0.01B
QCN:CA Mackenzie Canadian Equity.. 5.88 % 0.06 %

-0.49 (-0.73%)

CAD 1.41B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 5.77 % 0.00 %

-0.14 (-0.73%)

CAD 0.02B
BFIN:CA Brompton North American F.. 5.44 % 0.96 %

-0.03 (-0.73%)

CAD 0.05B
DRFC:CA Desjardins RI Canada Mult.. 5.41 % 0.57 %

-0.11 (-0.73%)

CAD 0.22B
FCCD:CA Fidelity Canadian High Di.. 5.02 % 0.00 %

-0.12 (-0.73%)

CAD 0.17B
WOMN:CA BMO Women In Leadership F.. 4.98 % 0.39 %

-0.15 (-0.73%)

CAD 5.89M
BNKS:AU BetaShares Global Banks C.. 4.44 % 0.00 %

N/A

USD 0.04B
MCLC:CA Manulife Multifactor Cana.. 4.42 % 0.45 %

-0.68 (-0.73%)

CAD 0.32B
IGRO 2.82 % 0.00 %

N/A

N/A
DIVD Altrius Global Dividend E.. 2.29 % 0.00 %

-0.38 (-0.73%)

USD 7.04M
WDFE:SW Invesco Markets II plc - .. 2.05 % 0.00 %

N/A

USD 2.43M
WF1E:XETRA Invesco Markets II plc - .. 1.93 % 0.00 %

+0.01 (+-0.73%)

USD 2.43M
WELK:XETRA Amundi S&P Global Financi.. 1.79 % 0.00 %

+0.01 (+-0.73%)

USD 0.42B
WELY:XETRA Amundi S&P Global Financi.. 1.79 % 0.00 %

N/A

USD 0.42B
IXG iShares Global Financials.. 1.48 % 0.46 %

-0.10 (-0.73%)

USD 0.38B
DCP:CA Desjardins Canadian Prefe.. 1.47 % 0.53 %

-0.20 (-0.73%)

CAD 0.03B
XWFS:LSE Xtrackers MSCI World Fina.. 1.42 % 0.00 %

+0.03 (+-0.73%)

USD 0.62B
FNCW:LSE SPDR® MSCI World Financi.. 1.42 % 0.00 %

+0.08 (+-0.73%)

USD 0.33B
WFIN:SW SPDR MSCI World Financial.. 1.42 % 0.00 %

N/A

N/A
HSWO:LSE HSBC Developed World Sust.. 1.25 % 0.00 %

+0.08 (+-0.73%)

USD 0.17B
HSWD:LSE HSBC Developed World Sust.. 1.23 % 0.00 %

-0.03 (-0.73%)

USD 0.17B
H41C:XETRA HSBC Developed World Sust.. 1.21 % 0.00 %

+0.09 (+-0.73%)

USD 0.24B
HSWD:PA HSBC Developed World Sust.. 1.21 % 0.00 %

+0.10 (+-0.73%)

N/A
HSWD:SW HSBC DEVELOPED WORLD SUST.. 1.21 % 0.00 %

N/A

N/A
VYMI Vanguard International Hi.. 1.05 % 0.32 %

-0.48 (-0.73%)

USD 7.61B
PXF Invesco FTSE RAFI Develop.. 0.80 % 0.00 %

-0.49 (-0.73%)

USD 1.75B
PXF Invesco FTSE RAFI Develop.. 0.80 % 0.45 %

-0.49 (-0.73%)

USD 1.75B
FVD:XETRA First Trust Value Line Di.. 0.54 % 0.00 %

+0.08 (+-0.73%)

USD 0.02B
CIL VictoryShares Internation.. 0.33 % 0.45 %

-0.51 (-0.73%)

USD 0.10B
CIZ VictoryShares Developed E.. 0.33 % 0.45 %

-0.35 (-0.73%)

USD 0.03B
BSCK 0.00 % 0.10 %

N/A

N/A
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.60 %

-0.12 (-0.73%)

CAD 0.20B
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

-0.10 (-0.73%)

CAD 0.19B
CPD:CA iShares S&P/TSX Canadian .. 0.00 % 0.50 %

-0.04 (-0.73%)

CAD 1.05B
DXM:CA 0.00 % 0.67 %

N/A

N/A
FIE:CA iShares Canadian Financia.. 0.00 % 0.97 %

-0.03 (-0.73%)

CAD 0.98B
HEF:CA Horizons Enhanced Income .. 0.00 % 0.83 %

N/A

CAD 0.16B
HEWC 0.00 % 0.03 %

N/A

N/A
HFP:CA Horizons Active Hybrid Bo.. 0.00 % 0.63 %

N/A

CAD 0.06B
HPR:CA Global X Active Preferred.. 0.00 % 0.63 %

-0.05 (-0.73%)

CAD 1.07B
INTF iShares Edge MSCI Multifa.. 0.00 % 0.30 %

-0.28 (-0.73%)

USD 1.13B
IPFF 0.00 % 0.55 %

N/A

N/A
IQDE FlexShares International .. 0.00 % 0.47 %

-0.12 (-0.73%)

USD 0.02B
IQDY FlexShares International .. 0.00 % 0.47 %

-0.18 (-0.73%)

USD 0.08B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.55 %

-0.24 (-0.73%)

CAD 0.76B
PICB Invesco International Cor.. 0.00 % 0.00 %

-0.11 (-0.73%)

USD 0.13B
PPS:CA 0.00 % 1.77 %

N/A

N/A
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.50 %

-0.37 (-0.73%)

CAD 0.18B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.43 %

-0.13 (-0.73%)

CAD 0.15B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

-0.12 (-0.73%)

CAD 0.12B
PDEV 0.00 % 0.00 %

N/A

N/A
RWC:CA 0.00 % 0.68 %

N/A

N/A
TLV:CA Invesco S&P/TSX Composite.. 0.00 % 0.34 %

-0.43 (-0.73%)

CAD 0.08B
ULST SPDR® SSgA Ultra Short T.. 0.00 % 0.20 %

+0.01 (+-0.73%)

USD 0.58B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

-0.10 (-0.73%)

CAD 1.73B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.06 %

-0.09 (-0.73%)

CAD 6.70B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.22 %

-0.27 (-0.73%)

CAD 2.57B
VEA Vanguard FTSE Developed M.. 0.00 % 0.05 %

-0.45 (-0.73%)

USD 134.24B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

-0.22 (-0.73%)

CAD 0.08B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

-0.23 (-0.73%)

CAD 1.51B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.22 %

-0.16 (-0.73%)

CAD 1.63B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

-0.11 (-0.73%)

CAD 0.11B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

-0.09 (-0.73%)

CAD 12.08B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

-0.07 (-0.73%)

CAD 12.06B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

-0.08 (-0.73%)

CAD 7.56B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

-0.14 (-0.73%)

CAD 0.97B
ZEB:CA BMO S&P/TSX Equal Weight .. 0.00 % 0.60 %

-0.33 (-0.73%)

CAD 3.41B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.71 %

-0.14 (-0.73%)

CAD 2.97B
QCD:CA 0.00 % 0.45 %

N/A

N/A
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

-0.10 (-0.73%)

CAD 1.61B
BNC:CA 0.00 % 0.68 %

N/A

N/A
FLRM:CA 0.00 % 0.33 %

N/A

N/A
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

-0.14 (-0.73%)

CAD 1.25B
WFIN:LSE SPDR® MSCI World Financi.. 0.00 % 0.00 %

-0.26 (-0.73%)

USD 0.33B
XDWF:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

-0.13 (-0.73%)

USD 0.62B
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

-0.02 (-0.73%)

USD 0.03B
US1:PA 0.00 % 0.00 %

N/A

N/A
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

+0.08 (+-0.73%)

USD 0.36B
H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

N/A

USD 0.03B
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.00 %

-0.12 (-0.73%)

USD 1.07B
UIM9:F UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

-0.46 (-0.73%)

USD 1.05B
XDWF:F Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

-0.04 (-0.73%)

USD 0.41B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

+0.01 (+-0.73%)

USD 0.36B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

N/A

USD 0.03B
SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

-0.10 (-0.73%)

USD 1.07B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

-0.04 (-0.73%)

USD 2.02B
XDWF:XETRA db x-trackers MSCI World .. 0.00 % 0.00 %

+0.03 (+-0.73%)

USD 0.41B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

-0.55 (-0.73%)

CAD 0.07B
FCCV:CA Fidelity Canadian Value I.. 0.00 % 0.00 %

-0.09 (-0.73%)

CAD 0.16B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

-0.20 (-0.73%)

CAD 0.10B
PFMN:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

-0.04 (-0.73%)

CAD 1.15B
TQCD:CA TD Q Canadian Dividend ET.. 0.00 % 0.00 %

-0.10 (-0.73%)

CAD 0.38B
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

-0.14 (-0.73%)

CAD 0.21B
BFIN-U:CA 0.00 % 0.00 %

N/A

N/A
FCCM:CA 0.00 % 0.00 %

N/A

N/A
FCMI:CA Fidelity Canadian Monthly.. 0.00 % 0.00 %

N/A

CAD 7.48M
TCLV:CA TD Q Canadian Low Volatil.. 0.00 % 0.00 %

-0.30 (-0.73%)

CAD 0.03B
HCA:CA Hamilton Canadian Bank Me.. 0.00 % 0.00 %

-0.15 (-0.73%)

CAD 0.07B
MDVD:CA Mackenzie Global Sustaina.. 0.00 % 0.00 %

N/A

CAD 7.19M
PFLS:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

N/A

CAD 0.07B
TMEC:CA TD Morningstar ESG Canada.. 0.00 % 0.00 %

-0.03 (-0.73%)

CAD 9.68M
FLXX:LSE Franklin LibertyQ Global .. 0.00 % 0.00 %

+0.16 (+-0.73%)

USD 0.04B
FRGD:LSE Franklin LibertyQ Global .. 0.00 % 0.00 %

-0.11 (-0.73%)

USD 0.04B
AVSF American Century ETF Trus.. 0.00 % 0.00 %

-0.03 (-0.73%)

USD 0.36B
XIU 0.00 % 0.00 %

N/A

N/A
FST-A:CA 0.00 % 0.00 %

N/A

N/A
HYBR:CA Global X Active Hybrid Bo.. 0.00 % 0.00 %

-0.08 (-0.73%)

CAD 0.06B
CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

-0.08 (-0.73%)

CAD 0.59B
DXR:CA Dynamic Active Retirement.. 0.00 % 0.00 %

N/A

CAD 0.01B
PFAA:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

-0.02 (-0.73%)

CAD 0.11B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.70% 61% D- 52% F
Dividend Return 2.01% 38% F 71% C-
Total Return 6.70% 59% D- 55% F
Trailing 12 Months  
Capital Gain 13.43% 58% F 57% F
Dividend Return 4.30% 13% F 61% D-
Total Return 17.74% 54% F 58% F
Trailing 5 Years  
Capital Gain 39.02% 56% F 63% D
Dividend Return 24.68% 65% D 80% B-
Total Return 63.70% 61% D- 68% D+
Average Annual (5 Year Horizon)  
Capital Gain 7.54% 73% C 64% D
Dividend Return 11.79% 73% C 69% C-
Total Return 4.25% 61% D- 75% C
Risk Return Profile  
Volatility (Standard Deviation) 23.47% 51% F 48% F
Risk Adjusted Return 50.23% 80% B- 72% C
Market Capitalization 98.47B 48% F 99% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Diversified) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 12.90 15% 64%
Price/Book Ratio 1.76 5% 47%
Price / Cash Flow Ratio 5.79 39% 56%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.66% 78% 69%
Return on Invested Capital 3.65% 22% 38%
Return on Assets 0.78% 61% 30%
Debt to Equity Ratio 274.62% 10% 11%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.