RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 103.63

Change

+0.25 (+0.24)%

Market Cap

USD 98.47B

Volume

0.95M

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: 2024-06-21 )

Largest Industry Peers for Banks - Diversified

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

+0.03 (+0.12%)

USD 338.92B
JPM-PC JPMorgan Chase & Co

+0.02 (+0.08%)

USD 337.26B
BML-PG Bank of America Corporation

-0.27 (-1.17%)

USD 315.30B
BML-PH Bank of America Corporation

+0.02 (+0.11%)

USD 313.74B
BAC Bank of America Corp

+0.27 (+0.69%)

USD 306.66B
BML-PL Bank of America Corporation

-0.17 (-0.69%)

USD 302.98B
BAC-PE Bank of America Corporation

-0.04 (-0.14%)

USD 294.75B
BML-PJ Bank of America Corporation

+0.03 (+0.12%)

USD 279.98B
BAC-PB Bank of America Corporation

-0.01 (-0.04%)

USD 254.08B
BAC-PK Bank of America Corporation

+0.04 (+0.16%)

USD 252.92B

ETFs Containing RY

HMAX:CA Hamilton Canadian Financi.. 24.52 % 0.00 %

+0.11 (+0.29%)

N/A
TBNK:CA TD Canadian Bank Dividend.. 19.43 % 0.00 %

+0.14 (+0.29%)

CAD 0.02B
HEB:CA Hamilton Canadian Bank Eq.. 18.84 % 0.00 %

+0.17 (+0.29%)

CAD 0.74B
HBNK:CA Global X Equal Weight Can.. 18.33 % 0.00 %

+0.24 (+0.29%)

N/A
CBNK:CA Mulvihill Canadian Bank E.. 17.55 % 0.00 %

+0.08 (+0.29%)

CAD 0.12B
VDY:CA Vanguard FTSE Canadian Hi.. 15.83 % 0.22 %

+0.08 (+0.29%)

CAD 2.95B
ZWB-U:CA BMO Covered Call Canadian.. 12.72 % 0.00 %

+0.26 (+0.29%)

N/A
BMDLF 11.93 % 0.00 %

N/A

N/A
HFIN:CA Hamilton Enhanced Canadia.. 11.45 % 0.00 %

+0.20 (+0.29%)

CAD 0.16B
XCSR:CA iShares ESG Advanced MSCI.. 10.48 % 0.00 %

+0.71 (+0.29%)

CAD 0.25B
CEW:CA iShares Equal Weight Banc.. 10.19 % 0.60 %

+0.13 (+0.29%)

CAD 0.22B
ICAE:CA Invesco S&P/TSX Canadian .. 9.22 % 0.00 %

+0.25 (+0.29%)

CAD 7.79M
RCDC:CA RBC Canadian Dividend Cov.. 8.99 % 0.00 %

+0.11 (+0.29%)

N/A
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 8.85 % 0.00 %

N/A

CAD 3.25M
PXC:CA Invesco FTSE RAFI Canadia.. 8.60 % 0.50 %

+0.12 (+0.29%)

CAD 0.18B
PDC:CA Invesco Canadian Dividend.. 8.33 % 0.55 %

+0.18 (+0.29%)

CAD 0.80B
ZIU:CA BMO S&P/TSX 60 Index ETF 8.23 % 0.00 %

+0.39 (+0.29%)

CAD 0.07B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 8.19 % 0.00 %

+0.21 (+0.29%)

USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 8.19 % 0.00 %

+0.25 (+0.29%)

USD 0.45B
SXR2:F iShares VII PLC - iShares.. 8.14 % 0.00 %

+0.26 (+0.29%)

USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 8.14 % 0.00 %

+0.50 (+0.29%)

USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 8.14 % 0.00 %

N/A

USD 1.14B
HCAN:PA HSBC MSCI Canada UCITS ET.. 8.13 % 0.00 %

+0.05 (+0.29%)

USD 0.04B
HCAN:SW HSBC MSCI Canada UCITS ET.. 8.13 % 0.00 %

N/A

USD 0.04B
HAL:CA Global X Active Canadian .. 8.13 % 0.78 %

-0.02 (0.29%)

CAD 0.12B
UC87:LSE UBS(Lux)Fund Solutions .. 8.10 % 0.00 %

+9.50 (+0.29%)

USD 0.05B
UIM9:F UBS ETF SICAV - MSCI Cana.. 8.08 % 0.00 %

+0.11 (+0.29%)

USD 1.20B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 8.08 % 0.00 %

+0.08 (+0.29%)

USD 2.02B
CAHEUA:SW UBS(Lux)Fund Solutions .. 8.08 % 0.00 %

N/A

USD 0.06B
CANCDA:SW UBS(Lux)Fund Solutions .. 8.08 % 0.00 %

+0.20 (+0.29%)

USD 1.20B
CANUKD:SW UBS(Lux)Fund Solutions .. 8.08 % 0.00 %

N/A

USD 5.76M
CSCA:LSE iShares VII Public Limite.. 8.07 % 0.00 %

+8.00 (+0.29%)

USD 1.15B
IUTSF 7.89 % 0.00 %

N/A

N/A
NDIV:CA NBI Canadian Dividend Inc.. 7.84 % 0.00 %

N/A

CAD 0.02B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 7.74 % 0.00 %

+0.06 (+0.29%)

CAD 0.03B
CAHCHA:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

+0.10 (+0.29%)

N/A
CAHGBA:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

N/A

N/A
CAHUSA:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

N/A

N/A
CANA:SW UBS (LUX) FUND SOLUTIONS .. 7.71 % 0.00 %

N/A

N/A
CAHGBD:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

N/A

N/A
XESG:CA iShares ESG Aware MSCI Ca.. 7.66 % 0.00 %

+0.17 (+0.29%)

CAD 0.42B
FCCV:CA Fidelity Canadian Value I.. 7.52 % 0.00 %

-0.06 (0.29%)

CAD 0.17B
HEF:CA 7.30 % 0.83 %

N/A

N/A
VCN:CA Vanguard FTSE Canada All .. 7.13 % 0.06 %

+0.26 (+0.29%)

CAD 7.61B
CCEI:CA CIBC Canadian Equity Inde.. 6.90 % 0.00 %

N/A

CAD 0.63B
HCA:CA Hamilton Canadian Bank Me.. 6.87 % 0.00 %

+0.23 (+0.29%)

CAD 0.08B
FIE:CA iShares Canadian Financia.. 6.79 % 0.97 %

+0.04 (+0.29%)

CAD 1.06B
GCSC:CA Guardian Canadian Sector .. 6.52 % 0.00 %

+0.20 (+0.29%)

CAD 0.02B
ICTE:CA Invesco S&P/TSX Composite.. 6.38 % 0.00 %

N/A

CAD 1.10M
FCCQ:CA Fidelity Canadian High Qu.. 5.61 % 0.39 %

-0.24 (0.29%)

CAD 0.16B
BNKS:AU BetaShares Global Banks C.. 5.21 % 0.00 %

-0.01 (0.29%)

USD 0.04B
NSCE:CA NBI Sustainable Canadian .. 5.07 % 0.00 %

+0.09 (+0.29%)

CAD 1.98B
TCLV:CA TD Q Canadian Low Volatil.. 4.08 % 0.00 %

+0.11 (+0.29%)

CAD 0.04B
RCD:CA RBC Quant Canadian Divide.. 3.49 % 0.43 %

+0.16 (+0.29%)

CAD 0.18B
HAZ:CA Global X Active Global Di.. 3.20 % 0.94 %

+0.23 (+0.29%)

CAD 0.45B
MDVD:CA Mackenzie Global Sustaina.. 3.19 % 0.00 %

N/A

CAD 7.76M
DXR:CA Dynamic Active Retirement.. 3.13 % 0.00 %

-0.05 (0.29%)

CAD 0.01B
NSCC:CA NBI Sustainable Canadian .. 3.06 % 0.00 %

-0.03 (0.29%)

CAD 0.15B
ISIF:CA IA Clarington Strategic I.. 3.00 % 0.00 %

N/A

CAD 1.80B
ZQB:CA BMO High Quality Corporat.. 2.98 % 0.00 %

-0.01 (0.29%)

CAD 0.03B
IGRO 2.64 % 0.00 %

N/A

N/A
DIVD Altrius Global Dividend E.. 2.30 % 0.00 %

+0.35 (+0.29%)

N/A
WDFE:SW Invesco Markets II plc - .. 2.05 % 0.00 %

+0.04 (+0.29%)

USD 2.69M
WF1E:XETRA Invesco Markets II plc - .. 1.91 % 0.00 %

+0.06 (+0.29%)

USD 2.71M
LCTD BlackRock World ex U.S. C.. 1.83 % 0.00 %

+0.98 (+0.29%)

USD 0.26B
FCMI:CA Fidelity Canadian Monthly.. 1.81 % 0.00 %

N/A

CAD 7.48M
WELK:XETRA Amundi S&P Global Financi.. 1.78 % 0.00 %

+0.13 (+0.29%)

N/A
WELY:XETRA Amundi S&P Global Financi.. 1.78 % 0.00 %

+0.13 (+0.29%)

N/A
IQSA:LSE Invesco Quantitative Stra.. 1.72 % 0.00 %

+0.31 (+0.29%)

USD 0.49B
XDWF:F Xtrackers (IE) Public Lim.. 1.59 % 0.00 %

+0.29 (+0.29%)

USD 0.41B
XDWF:XETRA Xtrackers MSCI World Fina.. 1.59 % 0.00 %

+0.26 (+0.29%)

USD 0.41B
WFIN:SW SPDR MSCI World Financial.. 1.58 % 0.00 %

+0.28 (+0.29%)

N/A
FNCW:LSE SPDR® MSCI World Financi.. 1.53 % 0.00 %

+0.21 (+0.29%)

N/A
XWFS:LSE Xtrackers MSCI World Fina.. 1.53 % 0.00 %

+0.15 (+0.29%)

N/A
FEDM FlexShares ESG & Climate .. 1.45 % 0.00 %

+1.16 (+0.29%)

USD 0.06B
HSWD:LSE HSBC Developed World Sust.. 1.39 % 0.00 %

+0.16 (+0.29%)

USD 0.19B
H41C:XETRA HSBC Developed World Sust.. 1.38 % 0.00 %

+0.11 (+0.29%)

USD 0.24B
HSWD:PA HSBC Developed World Sust.. 1.38 % 0.00 %

+0.11 (+0.29%)

N/A
HSWD:SW HSBC DEVELOPED WORLD SUST.. 1.38 % 0.00 %

N/A

N/A
HSWO:LSE HSBC Developed World Sust.. 1.30 % 0.00 %

+0.05 (+0.29%)

N/A
AVSD American Century ETF Trus.. 0.60 % 0.00 %

+1.38 (+0.29%)

USD 0.15B
FUD:CA First Trust Value Line® .. 0.50 % 0.78 %

N/A

CAD 5.46M
BSCK 0.00 % 0.10 %

N/A

N/A
DXM:CA 0.00 % 0.67 %

N/A

N/A
EWC iShares MSCI Canada ETF 0.00 % 0.47 %

+0.24 (+0.29%)

N/A
GSIE Goldman Sachs ActiveBeta.. 0.00 % 0.25 %

+0.65 (+0.29%)

N/A
HEWC 0.00 % 0.03 %

N/A

N/A
HFP:CA 0.00 % 0.63 %

N/A

N/A
HPR:CA Global X Active Preferred.. 0.00 % 0.63 %

+0.03 (+0.29%)

CAD 1.05B
INTF iShares Edge MSCI Multifa.. 0.00 % 0.30 %

+0.74 (+0.29%)

USD 1.21B
IPFF 0.00 % 0.55 %

N/A

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

+0.48 (+0.29%)

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

+0.99 (+0.29%)

N/A
IXG iShares Global Financials.. 0.00 % 0.46 %

+1.45 (+0.29%)

N/A
PICB Invesco International Cor.. 0.00 % 0.00 %

+0.15 (+0.29%)

USD 0.13B
PPS:CA 0.00 % 1.77 %

N/A

N/A
PXF Invesco FTSE RAFI Develop.. 0.00 % 0.00 %

+1.31 (+0.29%)

USD 1.77B
PXF Invesco FTSE RAFI Develop.. 0.00 % 0.45 %

+1.31 (+0.29%)

USD 1.77B
CIL VictoryShares Internation.. 0.00 % 0.45 %

+0.82 (+0.29%)

USD 0.10B
CIZ VictoryShares Developed E.. 0.00 % 0.45 %

+0.54 (+0.29%)

USD 0.03B
VYMI Vanguard International Hi.. 0.00 % 0.32 %

+1.37 (+0.29%)

USD 7.87B
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

+0.03 (+0.29%)

CAD 0.14B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

+0.86 (+0.29%)

CAD 1.56B
WOMN:CA BMO Women In Leadership F.. 0.00 % 0.39 %

+0.19 (+0.29%)

CAD 7.38M
EGIF:CA Exemplar Growth and Incom.. 0.00 % 1.43 %

N/A

CAD 3.55M
FCCD:CA Fidelity Canadian High Di.. 0.00 % 0.00 %

-0.05 (0.29%)

CAD 0.19B
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

+0.16 (+0.29%)

CAD 0.04B
BFIN:CA Brompton North American F.. 0.00 % 0.96 %

N/A

CAD 0.05B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

+0.21 (+0.29%)

CAD 0.22B
PDEV 0.00 % 0.00 %

N/A

N/A
RWC:CA 0.00 % 0.68 %

N/A

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

-0.01 (0.29%)

USD 0.57B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

+0.21 (+0.29%)

CAD 1.92B
VEA Vanguard FTSE Developed M.. 0.00 % 0.05 %

+1.16 (+0.29%)

N/A
XCV:CA iShares Canadian Value 0.00 % 0.55 %

+0.14 (+0.29%)

CAD 0.07B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.22 %

+0.09 (+0.29%)

CAD 1.64B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

-0.01 (0.29%)

CAD 0.12B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

+0.21 (+0.29%)

CAD 13.00B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

+0.19 (+0.29%)

CAD 13.57B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

+0.16 (+0.29%)

CAD 8.12B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

+0.10 (+0.29%)

CAD 1.08B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.71 %

+0.11 (+0.29%)

CAD 3.09B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

+0.05 (+0.29%)

CAD 0.25B
DCP:CA Desjardins Canadian Prefe.. 0.00 % 0.53 %

-0.12 (0.29%)

CAD 0.03B
QCD:CA 0.00 % 0.45 %

N/A

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

+0.06 (+0.29%)

CAD 1.65B
BNC:CA 0.00 % 0.68 %

N/A

N/A
FLRM:CA 0.00 % 0.33 %

N/A

N/A
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.33 %

+0.28 (+0.29%)

CAD 0.26B
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

+0.11 (+0.29%)

CAD 1.65B
WFIN:LSE SPDR® MSCI World Financi.. 0.00 % 0.00 %

+0.87 (+0.29%)

N/A
XDWF:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

+0.33 (+0.29%)

N/A
US1:PA 0.00 % 0.00 %

N/A

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

+0.57 (+0.29%)

N/A
H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

N/A

N/A
H4ZR:XETRA 0.00 % 0.00 %

N/A

N/A
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

+0.06 (+0.29%)

N/A
PFMN:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

+0.03 (+0.29%)

N/A
BFIN-U:CA 0.00 % 0.00 %

N/A

N/A
FCCM:CA 0.00 % 0.00 %

N/A

N/A
PFLS:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

-0.05 (0.29%)

CAD 0.08B
TMEC:CA 0.00 % 0.00 %

N/A

N/A
AVSF American Century ETF Trus.. 0.00 % 0.00 %

-0.01 (0.29%)

USD 0.43B
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 %

+0.04 (+0.29%)

CAD 0.06B
PFAA:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

-0.08 (0.29%)

CAD 0.13B

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 2.47% 56% F 52% F
Dividend Return 2.01% 20% F 59% D-
Total Return 4.48% 51% F 53% F
Trailing 12 Months  
Capital Gain 11.72% 56% F 62% D
Dividend Return 4.33% 12% F 62% D
Total Return 16.05% 51% F 64% D
Trailing 5 Years  
Capital Gain 30.34% 56% F 63% D
Dividend Return 23.64% 59% D- 79% B-
Total Return 53.98% 56% F 69% C-
Average Annual (5 Year Horizon)  
Capital Gain 8.20% 72% C 66% D+
Dividend Return 12.45% 74% C 71% C-
Total Return 4.25% 63% D 74% C
Risk Return Profile  
Volatility (Standard Deviation) 23.24% 49% F 45% F
Risk Adjusted Return 53.58% 79% B- 75% 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 16% 63%
Price/Book Ratio 1.76 5% 47%
Price / Cash Flow Ratio 5.72 39% 57%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.38% 77% 69%
Return on Invested Capital 3.65% 26% 37%
Return on Assets 0.79% 58% 29%
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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.