RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 108.8

Change

0.00 (0.00)%

Market Cap

USD 98.47B

Volume

0.83M

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: 2024-07-06 )

Largest Industry Peers for Banks - Diversified

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

-0.11 (-0.43%)

USD 336.79B
JPM-PC JPMorgan Chase & Co

-0.06 (-0.23%)

USD 336.47B
BML-PH Bank of America Corporation

-0.07 (-0.30%)

USD 311.30B
BML-PG Bank of America Corporation

-0.06 (-0.26%)

USD 310.98B
BAC Bank of America Corp

+0.86 (+2.19%)

USD 304.56B
BML-PL Bank of America Corporation

+0.08 (+0.33%)

USD 295.22B
BAC-PE Bank of America Corporation

-0.07 (-0.29%)

USD 291.25B
BML-PJ Bank of America Corporation

-0.09 (-0.37%)

USD 280.68B
BAC-PB Bank of America Corporation

-0.11 (-0.45%)

USD 253.78B
SMFG Sumitomo Mitsui Financial Grou..

+0.48 (+3.87%)

USD 252.44B

ETFs Containing RY

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

+0.09 (+0.97%)

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

+0.17 (+0.97%)

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

N/A

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

+0.11 (+0.97%)

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

+0.05 (+0.97%)

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

+0.38 (+0.97%)

CAD 2.99B
ZWB-U:CA BMO Covered Call Canadian.. 12.72 % 0.00 %

N/A

N/A
BANK:CA Evolve Canadian Banks and.. 12.44 % 0.39 %

+0.08 (+0.97%)

CAD 0.25B
BMDLF 11.93 % 0.00 %

N/A

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

+0.16 (+0.97%)

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

+0.60 (+0.97%)

CAD 0.25B
XDIV:CA iShares Core MSCI Canadia.. 9.32 % 0.11 %

+0.21 (+0.97%)

CAD 1.67B
RBNK:CA RBC Canadian Bank Yield I.. 9.22 % 0.33 %

+0.15 (+0.97%)

CAD 0.26B
ICAE:CA Invesco S&P/TSX Canadian .. 9.22 % 0.00 %

-0.01 (0.97%)

CAD 7.80M
FLCA Franklin FTSE Canada ETF 9.16 % 0.09 %

+0.33 (+0.97%)

USD 0.41B
RCDC:CA RBC Canadian Dividend Cov.. 8.99 % 0.00 %

+0.03 (+0.97%)

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

+0.11 (+0.97%)

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

+0.30 (+0.97%)

CAD 0.19B
QCE:CA Mackenzie Canadian Large .. 8.46 % 0.06 %

+1.47 (+0.97%)

CAD 0.14B
PDC:CA Invesco Canadian Dividend.. 8.33 % 0.55 %

+0.26 (+0.97%)

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

+0.32 (+0.97%)

CAD 0.07B
XCAN:SW Xtrackers MSCI Canada ESG.. 8.19 % 0.00 %

N/A

USD 0.50B
CSCA:SW iShares VII PLC - iShares.. 8.14 % 0.00 %

N/A

USD 1.16B
HCAN:SW HSBC MSCI Canada UCITS ET.. 8.13 % 0.00 %

N/A

USD 0.03B
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 %

+0.52 (+0.97%)

USD 1.21B
CANUKD:SW UBS(Lux)Fund Solutions .. 8.08 % 0.00 %

N/A

USD 5.81M
CSCA:LSE iShares VII Public Limite.. 8.05 % 0.00 %

+72.00 (+0.97%)

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 %

+0.20 (+0.97%)

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

+0.27 (+0.97%)

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 %

+0.16 (+0.97%)

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
FCCV:CA Fidelity Canadian Value I.. 7.52 % 0.00 %

+0.09 (+0.97%)

CAD 0.17B
VCN:CA Vanguard FTSE Canada All .. 7.13 % 0.06 %

+0.42 (+0.97%)

CAD 7.69B
CCEI:CA CIBC Canadian Equity Inde.. 6.90 % 0.00 %

+0.15 (+0.97%)

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

+0.20 (+0.97%)

CAD 0.08B
QCN:CA Mackenzie Canadian Equity.. 6.83 % 0.06 %

+1.40 (+0.97%)

CAD 1.56B
DRMC:CA Desjardins RI Canada - Lo.. 6.81 % 0.29 %

+0.22 (+0.97%)

CAD 0.04B
GCSC:CA Guardian Canadian Sector .. 6.52 % 0.00 %

N/A

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

N/A

CAD 1.10M
BFIN:CA Brompton North American F.. 6.04 % 0.96 %

-0.03 (0.97%)

CAD 0.05B
FCCD:CA Fidelity Canadian High Di.. 5.83 % 0.00 %

+0.15 (+0.97%)

CAD 0.19B
DRFC:CA Desjardins RI Canada Mult.. 5.78 % 0.57 %

+0.25 (+0.97%)

CAD 0.23B
BNKS:AU BetaShares Global Banks C.. 5.21 % 0.00 %

N/A

USD 0.04B
WOMN:CA BMO Women In Leadership F.. 5.09 % 0.39 %

-0.03 (0.97%)

CAD 7.39M
MCLC:CA Manulife Multifactor Cana.. 4.63 % 0.45 %

+0.34 (+0.97%)

CAD 0.33B
FST:CA First Trust Canadian Capi.. 4.19 % 0.66 %

N/A

CAD 0.09B
INOC:CA Global X Inovestor Canadi.. 4.18 % 0.66 %

+0.06 (+0.97%)

CAD 0.04B
TCLV:CA TD Q Canadian Low Volatil.. 4.08 % 0.00 %

+0.07 (+0.97%)

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

+0.03 (+0.97%)

CAD 0.18B
MDVD:CA Mackenzie Global Sustaina.. 3.19 % 0.00 %

+0.14 (+0.97%)

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

N/A

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

-0.13 (0.97%)

CAD 0.15B
IGRO 2.64 % 0.00 %

N/A

N/A
CDEF:CA Manulife Smart Defensive .. 2.57 % 0.00 %

N/A

CAD 1.39M
DIVD Altrius Global Dividend E.. 2.30 % 0.00 %

+0.24 (+0.97%)

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

N/A

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

+0.06 (+0.97%)

USD 2.71M
EGIF:CA Exemplar Growth and Incom.. 1.90 % 1.43 %

N/A

CAD 3.55M
WELK:XETRA Amundi S&P Global Financi.. 1.78 % 0.00 %

+0.17 (+0.97%)

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

+0.17 (+0.97%)

N/A
IQSA:LSE Invesco Quantitative Stra.. 1.70 % 0.00 %

+0.21 (+0.97%)

USD 0.53B
WFIN:SW SPDR MSCI World Financial.. 1.58 % 0.00 %

+0.79 (+0.97%)

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

+0.54 (+0.97%)

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

+0.24 (+0.97%)

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

+0.31 (+0.97%)

USD 0.06B
H41C:XETRA HSBC Developed World Sust.. 1.38 % 0.00 %

+0.12 (+0.97%)

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

+0.14 (+0.97%)

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 (+0.97%)

N/A
VYMI Vanguard International Hi.. 1.23 % 0.32 %

+0.61 (+0.97%)

USD 8.14B
PXF Invesco FTSE RAFI Develop.. 0.88 % 0.00 %

+0.52 (+0.97%)

USD 1.81B
PXF Invesco FTSE RAFI Develop.. 0.88 % 0.45 %

+0.52 (+0.97%)

USD 1.81B
AVSD American Century ETF Trus.. 0.60 % 0.00 %

+0.47 (+0.97%)

USD 0.15B
BSCK 0.00 % 0.10 %

N/A

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

+0.18 (+0.97%)

CAD 0.22B
DXM:CA 0.00 % 0.67 %

N/A

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

+0.25 (+0.97%)

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

+0.05 (+0.97%)

CAD 1.06B
FUD:CA First Trust Value Line® .. 0.00 % 0.78 %

-0.29 (0.97%)

CAD 5.48M
GSIE Goldman Sachs ActiveBeta.. 0.00 % 0.25 %

+0.24 (+0.97%)

N/A
HAZ:CA Global X Active Global Di.. 0.00 % 0.94 %

+0.14 (+0.97%)

CAD 0.46B
HEF:CA 0.00 % 0.83 %

N/A

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 %

+0.07 (+0.97%)

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

+0.26 (+0.97%)

USD 1.22B
IPFF 0.00 % 0.55 %

N/A

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

+0.10 (+0.97%)

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

+0.28 (+0.97%)

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

+1.40 (+0.97%)

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

-0.12 (0.97%)

USD 0.13B
PPS:CA 0.00 % 1.77 %

N/A

N/A
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

+0.32 (+0.97%)

CAD 0.16B
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 %

-0.04 (0.97%)

USD 0.56B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

+0.45 (+0.97%)

CAD 1.96B
VEA Vanguard FTSE Developed M.. 0.00 % 0.05 %

+0.31 (+0.97%)

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

+0.36 (+0.97%)

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

+0.16 (+0.97%)

CAD 1.65B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

+0.24 (+0.97%)

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

+0.31 (+0.97%)

CAD 13.18B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

+0.29 (+0.97%)

CAD 13.94B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

+0.26 (+0.97%)

CAD 8.49B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

+0.11 (+0.97%)

CAD 1.09B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.71 %

+0.10 (+0.97%)

CAD 3.09B
DCP:CA Desjardins Canadian Prefe.. 0.00 % 0.53 %

N/A

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 (+0.97%)

CAD 1.65B
BNC:CA 0.00 % 0.68 %

N/A

N/A
FLRM:CA 0.00 % 0.33 %

N/A

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

+0.58 (+0.97%)

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

+0.30 (+0.97%)

N/A
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

+0.21 (+0.97%)

USD 0.03B
US1:PA 0.00 % 0.00 %

N/A

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

N/A

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

N/A

N/A
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.00 %

+2.54 (+0.97%)

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

N/A

USD 1.20B
XDWF:F Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

+0.52 (+0.97%)

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

+0.79 (+0.97%)

USD 0.36B
H4ZR:XETRA 0.00 % 0.00 %

N/A

N/A
SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

+1.90 (+0.97%)

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

+0.46 (+0.97%)

USD 2.02B
XDWF:XETRA Xtrackers MSCI World Fina.. 0.00 % 0.00 %

+0.39 (+0.97%)

USD 0.41B
NSCE:CA NBI Sustainable Canadian .. 0.00 % 0.00 %

N/A

CAD 1.98B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

N/A

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

-0.04 (0.97%)

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

+0.13 (+0.97%)

CAD 0.07B
TMEC:CA 0.00 % 0.00 %

N/A

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

-0.18 (0.97%)

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 %

+0.05 (+0.97%)

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

+0.02 (+0.97%)

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 7.58% 72% C 69% C-
Dividend Return 2.01% 12% F 52% F
Total Return 9.59% 67% D+ 69% C-
Trailing 12 Months  
Capital Gain 15.11% 65% D 71% C-
Dividend Return 4.25% 15% F 61% D-
Total Return 19.36% 58% F 73% C
Trailing 5 Years  
Capital Gain 35.39% 73% C 68% D+
Dividend Return 23.39% 65% D 79% B-
Total Return 58.78% 77% C+ 74% C
Average Annual (5 Year Horizon)  
Capital Gain 8.47% 73% C 67% D+
Dividend Return 12.72% 73% C 71% C-
Total Return 4.25% 60% D- 74% C
Risk Return Profile  
Volatility (Standard Deviation) 23.13% 47% F 45% F
Risk Adjusted Return 54.98% 78% 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 19% 62%
Price/Book Ratio 1.76 5% 47%
Price / Cash Flow Ratio 5.95 35% 55%
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.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

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.