RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 105.3

Change

0.00 (0.00)%

Market Cap

USD 98.47B

Volume

0.86M

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: 2024-05-26 )

Largest Industry Peers for Banks - Diversified

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

N/A

USD 565.46B
JPM-PD JPMorgan Chase & Co

N/A

USD 332.01B
JPM-PC JPMorgan Chase & Co

N/A

USD 329.91B
BAC Bank of America Corp

N/A

USD 306.87B
BML-PH Bank of America Corporation

N/A

USD 302.08B
BML-PG Bank of America Corporation

N/A

USD 301.93B
BAC-PE Bank of America Corporation

N/A

USD 277.35B
BML-PL Bank of America Corporation

N/A

USD 272.91B
BML-PJ Bank of America Corporation

N/A

USD 265.06B
BAC-PB Bank of America Corporation

N/A

USD 250.08B

ETFs Containing RY

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

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CAD 0.78B
XFN:CA iShares S&P/TSX Capped Fi.. 21.37 % 0.61 %

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CAD 1.36B
TBNK:CA TD Canadian Bank Dividend.. 20.62 % 0.00 %

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CAD 0.01B
HEB:CA Hamilton Canadian Bank Eq.. 16.95 % 0.00 %

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CAD 0.64B
HBNK:CA Global X Equal Weight Can.. 16.87 % 0.00 %

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CAD 0.80B
ZEB:CA BMO S&P/TSX Equal Weight .. 16.87 % 0.60 %

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CAD 3.65B
VDY:CA Vanguard FTSE Canadian Hi.. 13.97 % 0.22 %

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CAD 2.53B
CBNK:CA Mulvihill Canadian Bank E.. 13.92 % 0.00 %

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

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CAD 0.18B
BMDLF 11.93 % 0.00 %

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ZWB:CA BMO Covered Call Canadian.. 11.44 % 0.71 %

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CAD 2.85B
ZWB-U:CA BMO Covered Call Canadian.. 11.44 % 0.00 %

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XEN:CA iShares Jantzi Social Ind.. 10.95 % 0.55 %

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CAD 0.11B
XCV:CA iShares Canadian Value 10.77 % 0.55 %

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CAD 0.08B
CEW:CA iShares Equal Weight Banc.. 10.47 % 0.60 %

N/A

CAD 0.19B
HFIN:CA Hamilton Enhanced Canadia.. 10.43 % 0.00 %

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

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CAD 2.93M
ICAE:CA Invesco S&P/TSX Canadian .. 8.89 % 0.00 %

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CAD 6.98M
PDC:CA Invesco Canadian Dividend.. 8.73 % 0.55 %

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CAD 0.74B
FLCA Franklin FTSE Canada ETF 8.68 % 0.09 %

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USD 0.39B
PXC:CA Invesco FTSE RAFI Canadia.. 8.18 % 0.50 %

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CAD 0.18B
XIU:CA iShares S&P/TSX 60 8.14 % 0.18 %

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CAD 11.81B
D5BH:F Xtrackers - MSCI Canada U.. 8.13 % 0.00 %

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USD 0.36B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 8.13 % 0.00 %

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USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 8.13 % 0.00 %

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USD 0.36B
XDV:CA iShares Canadian Select D.. 8.11 % 0.55 %

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CAD 1.52B
RBNK:CA RBC Canadian Bank Yield I.. 7.95 % 0.33 %

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CAD 0.24B
IUTSF 7.89 % 0.00 %

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VCE:CA Vanguard FTSE Canada 7.88 % 0.06 %

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CAD 1.70B
SXR2:F iShares VII PLC - iShares.. 7.75 % 0.00 %

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USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 7.75 % 0.00 %

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USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 7.75 % 0.00 %

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USD 1.02B
UIM9:F UBS ETF SICAV - MSCI Cana.. 7.73 % 0.00 %

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USD 1.16B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 7.73 % 0.00 %

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USD 2.02B
CAHEUA:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

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USD 0.05B
CANCDA:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

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USD 1.05B
CANUKD:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

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USD 4.86M
CAHCHA:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

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USD 0.03B
CAHGBA:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

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USD 0.06B
CAHUSA:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

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USD 0.05B
CANA:SW UBS (LUX) FUND SOLUTIONS .. 7.73 % 0.00 %

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CAHGBD:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

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USD 1.27M
HCAN:PA HSBC MSCI Canada UCITS ET.. 7.70 % 0.00 %

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USD 0.03B
H4ZR:F HSBC ETFs Public Limited .. 7.70 % 0.00 %

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USD 0.03B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 7.70 % 0.00 %

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USD 0.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 7.70 % 0.00 %

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USD 0.03B
EWC iShares MSCI Canada ETF 7.67 % 0.47 %

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USD 2.44B
UC87:LSE UBS(Lux)Fund Solutions .. 7.66 % 0.00 %

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USD 0.06B
CSCA:LSE iShares VII Public Limite.. 7.65 % 0.00 %

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USD 0.99B
ZIU:CA BMO S&P/TSX 60 Index ETF 7.46 % 0.00 %

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CAD 0.06B
QCE:CA Mackenzie Canadian Large .. 7.32 % 0.06 %

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CAD 0.13B
HEF:CA Horizons Enhanced Income .. 7.30 % 0.83 %

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CAD 0.16B
RCDC:CA RBC Canadian Dividend Cov.. 7.13 % 0.00 %

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CAD 0.03B
FIE:CA iShares Canadian Financia.. 7.04 % 0.97 %

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CAD 0.96B
HAL:CA Global X Active Canadian .. 6.78 % 0.78 %

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CAD 0.12B
ICTE:CA Invesco S&P/TSX Composite.. 6.76 % 0.00 %

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CAD 1.00M
XIC:CA iShares Core S&P/TSX Capp.. 6.57 % 0.06 %

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CAD 11.91B
VCN:CA Vanguard FTSE Canada All .. 6.28 % 0.06 %

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CAD 6.67B
DRMC:CA Desjardins RI Canada - Lo.. 6.20 % 0.29 %

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

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CAD 0.01B
ZCN:CA BMO S&P/TSX Capped Compos.. 6.02 % 0.05 %

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CAD 7.50B
QCN:CA Mackenzie Canadian Equity.. 5.88 % 0.06 %

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

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CAD 0.02B
XEI:CA iShares S&P/TSX Composite.. 5.45 % 0.22 %

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CAD 1.55B
BFIN:CA Brompton North American F.. 5.44 % 0.96 %

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

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CAD 0.22B
ZDV:CA BMO Canadian Dividend 5.28 % 0.38 %

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CAD 0.94B
FCCD:CA Fidelity Canadian High Di.. 5.02 % 0.00 %

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

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CAD 5.89M
NSCE:CA NBI Sustainable Canadian .. 4.64 % 0.00 %

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CAD 1.98B
BNKS:AU BetaShares Global Banks C.. 4.44 % 0.00 %

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

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CAD 0.32B
TQCD:CA TD Q Canadian Dividend ET.. 3.44 % 0.00 %

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CAD 0.38B
ISIF:CA IA Clarington Strategic I.. 3.35 % 0.00 %

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CAD 1.80B
XMV:CA iShares MSCI Canada Minim.. 3.12 % 0.33 %

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CAD 0.22B
RCD:CA RBC Quant Canadian Divide.. 3.10 % 0.43 %

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CAD 0.15B
ZQB:CA BMO High Quality Corporat.. 2.98 % 0.00 %

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CAD 0.03B
IGRO 2.82 % 0.00 %

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TLV:CA Invesco S&P/TSX Composite.. 2.61 % 0.34 %

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CAD 0.08B
DIVD Altrius Global Dividend E.. 2.29 % 0.00 %

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USD 7.04M
FLXX:F Franklin LibertyShares IC.. 2.18 % 0.00 %

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USD 0.04B
FLXX:XETRA Franklin LibertyShares IC.. 2.18 % 0.00 %

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USD 0.04B
WDFE:SW Invesco Markets II plc - .. 2.05 % 0.00 %

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USD 2.41M
WF1E:XETRA Invesco Markets II plc - .. 1.84 % 0.00 %

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USD 2.41M
WELK:XETRA Amundi S&P Global Financi.. 1.79 % 0.00 %

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

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USD 0.42B
HPR:CA Global X Active Preferred.. 1.70 % 0.63 %

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CAD 1.02B
FCMI:CA Fidelity Canadian Monthly.. 1.68 % 0.00 %

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CAD 7.48M
XDWF:F Xtrackers (IE) Public Lim.. 1.54 % 0.00 %

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USD 0.41B
XDWF:XETRA db x-trackers MSCI World .. 1.54 % 0.00 %

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USD 0.41B
XWFS:LSE Xtrackers MSCI World Fina.. 1.54 % 0.00 %

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USD 0.60B
FNCW:LSE SPDR® MSCI World Financi.. 1.53 % 0.00 %

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USD 0.30B
WFIN:SW SPDR MSCI World Financial.. 1.53 % 0.00 %

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IXG iShares Global Financials.. 1.48 % 0.46 %

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

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CAD 0.03B
HSWD:PA HSBC Developed World Sust.. 1.31 % 0.00 %

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HSWD:SW HSBC DEVELOPED WORLD SUST.. 1.31 % 0.00 %

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CPD:CA iShares S&P/TSX Canadian .. 1.30 % 0.50 %

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CAD 1.01B
HSWO:LSE HSBC Developed World Sust.. 1.25 % 0.00 %

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

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

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USD 0.24B
VYMI Vanguard International Hi.. 1.05 % 0.32 %

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

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

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

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

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

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USD 0.03B
BSCK 0.00 % 0.10 %

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CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

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CAD 0.19B
DXM:CA 0.00 % 0.67 %

N/A

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HEWC 0.00 % 0.03 %

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HFP:CA Horizons Active Hybrid Bo.. 0.00 % 0.63 %

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CAD 0.06B
INTF iShares Edge MSCI Multifa.. 0.00 % 0.30 %

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USD 1.13B
IPFF 0.00 % 0.55 %

N/A

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

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

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USD 0.08B
PICB Invesco International Cor.. 0.00 % 0.00 %

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USD 0.13B
PPS:CA 0.00 % 1.77 %

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FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

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CAD 0.12B
PDEV 0.00 % 0.00 %

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RWC:CA 0.00 % 0.68 %

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N/A
ULST SPDR® SSgA Ultra Short T.. 0.00 % 0.20 %

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USD 0.58B
VEA Vanguard FTSE Developed M.. 0.00 % 0.05 %

N/A

USD 134.24B
QCD:CA 0.00 % 0.45 %

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

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CAD 1.61B
BNC:CA 0.00 % 0.68 %

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N/A
FLRM:CA 0.00 % 0.33 %

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

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

N/A

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

N/A

USD 0.62B
US1:PA 0.00 % 0.00 %

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

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

N/A

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

N/A

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

N/A

CAD 1.15B
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

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

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FCCM:CA 0.00 % 0.00 %

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TCLV:CA TD Q Canadian Low Volatil.. 0.00 % 0.00 %

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

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

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

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

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

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

N/A

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

N/A

USD 0.36B
XIU 0.00 % 0.00 %

N/A

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FST-A:CA 0.00 % 0.00 %

N/A

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HYBR:CA Global X Active Hybrid Bo.. 0.00 % 0.00 %

N/A

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

N/A

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 %

N/A

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 4.12% 55% F 54% F
Dividend Return 2.01% 38% F 70% C-
Total Return 6.13% 56% F 57% F
Trailing 12 Months  
Capital Gain 16.47% 65% D 64% D
Dividend Return 4.44% 13% F 63% D
Total Return 20.91% 56% F 65% D
Trailing 5 Years  
Capital Gain 37.04% 56% F 62% D
Dividend Return 24.46% 59% D- 80% B-
Total Return 61.50% 61% D- 68% D+
Average Annual (5 Year Horizon)  
Capital Gain 7.71% 73% C 64% D
Dividend Return 11.96% 73% C 69% C-
Total Return 4.25% 61% D- 75% C
Risk Return Profile  
Volatility (Standard Deviation) 23.38% 51% F 48% F
Risk Adjusted Return 51.16% 78% C+ 73% 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% 57%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.66% 78% 70%
Return on Invested Capital 3.65% 24% 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.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.