RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 106.38

Change

0.00 (0.00)%

Market Cap

USD 98.47B

Volume

0.63M

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: 2024-06-29 )

Largest Industry Peers for Banks - Diversified

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

N/A

USD 580.82B
JPM-PD JPMorgan Chase & Co

N/A

USD 331.61B
JPM-PC JPMorgan Chase & Co

N/A

USD 329.78B
BAC Bank of America Corp

N/A

USD 312.97B
BML-PH Bank of America Corporation

N/A

USD 307.91B
BML-PG Bank of America Corporation

N/A

USD 306.52B
BAC-PE Bank of America Corporation

N/A

USD 279.84B
BML-PL Bank of America Corporation

N/A

USD 276.12B
BML-PJ Bank of America Corporation

N/A

USD 268.53B
BAC-PK Bank of America Corporation

N/A

USD 250.82B

ETFs Containing RY

HMAX:CA Hamilton Canadian Financi.. 24.52 % 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 1.35B
TBNK:CA TD Canadian Bank Dividend.. 20.62 % 0.00 %

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CAD 0.02B
HEB:CA Hamilton Canadian Bank Eq.. 18.34 % 0.00 %

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CAD 0.64B
HBNK:CA Global X Equal Weight Can.. 18.33 % 0.00 %

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CAD 0.77B
CIC:CA CI Canadian Banks Covered.. 18.32 % 0.84 %

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CAD 0.18B
ZEB:CA BMO S&P/TSX Equal Weight .. 16.87 % 0.60 %

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CAD 3.71B
VDY:CA Vanguard FTSE Canadian Hi.. 15.17 % 0.22 %

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CAD 2.57B
CBNK:CA Mulvihill Canadian Bank E.. 14.60 % 0.00 %

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CAD 0.10B
BANK:CA Evolve Canadian Banks and.. 13.40 % 0.39 %

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CAD 0.18B
DXC:CA Dynamic Active Canadian D.. 12.87 % 0.86 %

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CAD 0.26B
BMDLF 11.93 % 0.00 %

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

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CAD 2.86B
ZWB-U:CA BMO Covered Call Canadian.. 11.44 % 0.00 %

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N/A
HFIN:CA Hamilton Enhanced Canadia.. 11.17 % 0.00 %

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CAD 0.12B
XCSR:CA iShares ESG Advanced MSCI.. 11.00 % 0.00 %

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CAD 0.21B
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
NDIV:CA NBI Canadian Dividend Inc.. 9.71 % 0.00 %

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CAD 0.01B
XDIV:CA iShares Core MSCI Canadia.. 9.38 % 0.11 %

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CAD 1.24B
ICAE:CA Invesco S&P/TSX Canadian .. 8.89 % 0.00 %

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CAD 7.02M
PDC:CA Invesco Canadian Dividend.. 8.73 % 0.55 %

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CAD 0.74B
FLCA Franklin FTSE Canada ETF 8.64 % 0.09 %

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USD 0.39B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 8.61 % 0.00 %

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CAD 2.86M
VCE:CA Vanguard FTSE Canada 8.60 % 0.06 %

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CAD 1.69B
PXC:CA Invesco FTSE RAFI Canadia.. 8.18 % 0.50 %

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CAD 0.18B
QCE:CA Mackenzie Canadian Large .. 8.15 % 0.06 %

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CAD 0.12B
XDV:CA iShares Canadian Select D.. 8.11 % 0.55 %

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CAD 1.51B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 8.08 % 0.00 %

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USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 8.08 % 0.00 %

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USD 0.36B
RBNK:CA RBC Canadian Bank Yield I.. 7.95 % 0.33 %

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CAD 0.23B
IUTSF 7.89 % 0.00 %

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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 0.95B
UIM9:F UBS ETF SICAV - MSCI Cana.. 7.73 % 0.00 %

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USD 1.15B
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 1.15B
CANUKD:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

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USD 4.79M
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 0.05B
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 1.28M
HCAN:PA HSBC MSCI Canada UCITS ET.. 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
ETSX:CA Evolve S&P/TSX 60 Enhance.. 7.69 % 0.00 %

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CAD 0.02B
ZIU:CA BMO S&P/TSX 60 Index ETF 7.46 % 0.00 %

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CAD 0.06B
FCCV:CA Fidelity Canadian Value I.. 7.38 % 0.00 %

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CAD 0.17B
HCA:CA Hamilton Canadian Bank Me.. 7.35 % 0.00 %

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CAD 0.07B
RCDC:CA RBC Canadian Dividend Cov.. 7.13 % 0.00 %

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CAD 0.03B
VCN:CA Vanguard FTSE Canada All .. 6.85 % 0.06 %

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CAD 6.68B
XIC:CA iShares Core S&P/TSX Capp.. 6.57 % 0.06 %

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CAD 11.99B
QCN:CA Mackenzie Canadian Equity.. 6.54 % 0.06 %

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CAD 1.39B
CCEI:CA CIBC Canadian Equity Inde.. 6.52 % 0.00 %

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CAD 0.58B
DRMC:CA Desjardins RI Canada - Lo.. 6.26 % 0.29 %

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CAD 0.04B
ICTE:CA Invesco S&P/TSX Composite.. 6.14 % 0.00 %

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CAD 0.98M
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 8.04B
FCCD:CA Fidelity Canadian High Di.. 5.56 % 0.00 %

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CAD 0.17B
FCCQ:CA Fidelity Canadian High Qu.. 5.49 % 0.39 %

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CAD 0.12B
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.. 5.42 % 0.57 %

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

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CAD 1.00B
WOMN:CA BMO Women In Leadership F.. 4.98 % 0.39 %

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CAD 5.87M
BNKS:AU BetaShares Global Banks C.. 4.85 % 0.00 %

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USD 0.04B
MCLC:CA Manulife Multifactor Cana.. 4.68 % 0.45 %

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CAD 0.31B
NSCE:CA NBI Sustainable Canadian .. 4.64 % 0.00 %

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CAD 1.98B
INOC:CA Global X Inovestor Canadi.. 4.38 % 0.66 %

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CAD 0.03B
TCLV:CA TD Q Canadian Low Volatil.. 4.03 % 0.00 %

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CAD 0.03B
HLIF:CA Harvest Canadian Equity I.. 3.63 % 0.00 %

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CAD 0.10B
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
NSCC:CA NBI Sustainable Canadian .. 3.06 % 0.00 %

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CAD 0.14B
MDVD:CA Mackenzie Global Sustaina.. 2.96 % 0.00 %

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CAD 7.11M
IGRO 2.77 % 0.00 %

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IQDF FlexShares International .. 2.70 % 0.47 %

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USD 0.58B
TLV:CA Invesco S&P/TSX Composite.. 2.61 % 0.34 %

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CAD 0.08B
CDEF:CA Manulife Smart Defensive .. 2.59 % 0.00 %

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CAD 1.25M
DXR:CA Dynamic Active Retirement.. 2.57 % 0.00 %

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CAD 0.01B
DIVD Altrius Global Dividend E.. 2.29 % 0.00 %

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USD 7.04M
FLGD:CA Franklin Global Dividend .. 2.21 % 0.49 %

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CAD 0.01B
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 2.42M
WF1E:XETRA Invesco Markets II plc - .. 1.84 % 0.00 %

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USD 2.42M
WELK:XETRA Amundi S&P Global Financi.. 1.79 % 0.00 %

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USD 0.43B
WELY:XETRA Amundi S&P Global Financi.. 1.79 % 0.00 %

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USD 0.43B
IQDE FlexShares International .. 1.78 % 0.47 %

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USD 0.02B
FCMI:CA Fidelity Canadian Monthly.. 1.68 % 0.00 %

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CAD 7.48M
EGIF:CA Exemplar Growth and Incom.. 1.66 % 1.43 %

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CAD 4.01M
DCP:CA Desjardins Canadian Prefe.. 1.56 % 0.53 %

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CAD 0.03B
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
IQDY FlexShares International .. 1.53 % 0.47 %

N/A

USD 0.07B
FNCW:LSE SPDR® MSCI World Financi.. 1.53 % 0.00 %

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USD 0.31B
WFIN:SW SPDR MSCI World Financial.. 1.53 % 0.00 %

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H41C:XETRA HSBC Developed World Sust.. 1.31 % 0.00 %

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USD 0.24B
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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HSWO:LSE HSBC Developed World Sust.. 1.26 % 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
VYMI Vanguard International Hi.. 1.15 % 0.32 %

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USD 7.46B
INTF iShares Edge MSCI Multifa.. 0.93 % 0.30 %

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USD 1.08B
GSIE Goldman Sachs ActiveBeta.. 0.69 % 0.25 %

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USD 3.55B
FVD:XETRA First Trust Value Line Di.. 0.54 % 0.00 %

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USD 0.02B
BSCK 0.00 % 0.10 %

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

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CAD 0.99B
DXM:CA 0.00 % 0.67 %

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FIE:CA iShares Canadian Financia.. 0.00 % 0.97 %

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CAD 0.97B
HEF:CA Horizons Enhanced Income .. 0.00 % 0.83 %

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CAD 0.16B
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
IPFF 0.00 % 0.55 %

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IXG iShares Global Financials.. 0.00 % 0.46 %

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USD 0.36B
PICB Invesco International Cor.. 0.00 % 0.00 %

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USD 0.12B
PPS:CA 0.00 % 1.77 %

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N/A
PDEV 0.00 % 0.00 %

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RWC:CA 0.00 % 0.68 %

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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 130.30B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

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CAD 12.34B
QCD:CA 0.00 % 0.45 %

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ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

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CAD 1.58B
BNC:CA 0.00 % 0.68 %

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FLRM:CA 0.00 % 0.33 %

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WFIN:LSE SPDR® MSCI World Financi.. 0.00 % 0.00 %

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USD 0.31B
XDWF:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

N/A

USD 0.61B
US1:PA 0.00 % 0.00 %

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D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

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USD 0.36B
FLXX:F Franklin LibertyShares IC.. 0.00 % 0.00 %

N/A

USD 0.04B
H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

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USD 0.03B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

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

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CAD 1.15B
BFIN-U:CA 0.00 % 0.00 %

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FCCM:CA 0.00 % 0.00 %

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

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CAD 0.07B
TMEC:CA 0.00 % 0.00 %

N/A

N/A
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 %

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USD 0.37B
XIU 0.00 % 0.00 %

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FST-A:CA 0.00 % 0.00 %

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

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CAD 0.06B
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 5.19% 65% D 62% D
Dividend Return 2.01% 17% F 54% F
Total Return 7.20% 63% D 63% D
Trailing 12 Months  
Capital Gain 11.38% 60% D- 67% D+
Dividend Return 4.20% 12% F 60% D-
Total Return 15.58% 49% F 68% D+
Trailing 5 Years  
Capital Gain 33.53% 73% C 67% D+
Dividend Return 23.59% 65% D 80% B-
Total Return 57.12% 77% C+ 73% C
Average Annual (5 Year Horizon)  
Capital Gain 8.33% 72% C 67% D+
Dividend Return 12.58% 74% C 71% C-
Total Return 4.25% 63% D 74% C
Risk Return Profile  
Volatility (Standard Deviation) 23.19% 49% F 45% F
Risk Adjusted Return 54.26% 77% C+ 76% 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% 65%
Price/Book Ratio 1.76 5% 47%
Price / Cash Flow Ratio 5.63 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% 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.

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.