RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 110.76

Change

+1.17 (+1.07)%

Market Cap

USD 98.47B

Volume

2.75M

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: 2024-07-10 )

Largest Industry Peers for Banks - Diversified

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

+0.12 (+0.48%)

USD 333.58B
JPM-PC JPMorgan Chase & Co

+0.04 (+0.16%)

USD 331.09B
BAC Bank of America Corp

+0.19 (+0.46%)

USD 323.97B
BML-PH Bank of America Corporation

+0.08 (+0.36%)

USD 304.66B
BML-PG Bank of America Corporation

-0.03 (-0.14%)

USD 304.53B
BAC-PE Bank of America Corporation

+0.10 (+0.42%)

USD 282.46B
BML-PL Bank of America Corporation

+0.05 (+0.22%)

USD 275.50B
BML-PJ Bank of America Corporation

+0.16 (+0.70%)

USD 264.95B
BAC-PB Bank of America Corporation

+0.08 (+0.32%)

USD 252.08B
BAC-PK Bank of America Corporation

+0.08 (+0.32%)

USD 249.81B

ETFs Containing RY

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

+0.05 (+0.30%)

N/A
XFN:CA iShares S&P/TSX Capped Fi.. 21.43 % 0.61 %

+0.29 (+0.30%)

CAD 1.43B
TBNK:CA TD Canadian Bank Dividend.. 20.90 % 0.00 %

+0.07 (+0.30%)

CAD 0.02B
ZEB:CA BMO S&P/TSX Equal Weight .. 18.43 % 0.60 %

-0.08 (0.30%)

CAD 3.10B
HEB:CA Hamilton Canadian Bank Eq.. 18.34 % 0.00 %

N/A

CAD 0.68B
HBNK:CA Global X Equal Weight Can.. 18.33 % 0.00 %

+0.08 (+0.30%)

N/A
VDY:CA Vanguard FTSE Canadian Hi.. 15.25 % 0.22 %

+0.22 (+0.30%)

CAD 2.73B
CBNK:CA Mulvihill Canadian Bank E.. 14.60 % 0.00 %

+0.03 (+0.30%)

CAD 0.10B
BANK:CA Evolve Canadian Banks and.. 13.51 % 0.39 %

+0.02 (+0.30%)

CAD 0.21B
DXC:CA Dynamic Active Canadian D.. 12.87 % 0.86 %

+0.16 (+0.30%)

N/A
ZWB:CA BMO Covered Call Canadian.. 12.53 % 0.71 %

-0.09 (0.30%)

CAD 2.99B
ZWB-U:CA BMO Covered Call Canadian.. 12.53 % 0.00 %

N/A

N/A
BMDLF 11.93 % 0.00 %

N/A

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

+0.14 (+0.30%)

CAD 0.14B
XEN:CA iShares Jantzi Social Ind.. 10.07 % 0.55 %

+0.11 (+0.30%)

CAD 0.12B
XCV:CA iShares Canadian Value 10.06 % 0.55 %

+0.15 (+0.30%)

CAD 0.08B
CEW:CA iShares Equal Weight Banc.. 10.06 % 0.60 %

+0.12 (+0.30%)

CAD 0.20B
XDIV:CA iShares Core MSCI Canadia.. 9.36 % 0.11 %

+0.20 (+0.30%)

CAD 1.37B
RCDC:CA RBC Canadian Dividend Cov.. 8.99 % 0.00 %

+0.07 (+0.30%)

N/A
ICAE:CA Invesco S&P/TSX Canadian .. 8.88 % 0.00 %

+0.03 (+0.30%)

CAD 7.33M
FLCA Franklin FTSE Canada ETF 8.76 % 0.09 %

+0.09 (+0.30%)

USD 0.39B
VCE:CA Vanguard FTSE Canada 8.58 % 0.06 %

+0.24 (+0.30%)

CAD 1.81B
IXTE:CA 8.49 % 0.00 %

N/A

N/A
PXC:CA Invesco FTSE RAFI Canadia.. 8.20 % 0.50 %

+0.28 (+0.30%)

CAD 0.18B
XIU:CA iShares S&P/TSX 60 8.16 % 0.18 %

+0.11 (+0.30%)

CAD 12.48B
QCE:CA Mackenzie Canadian Large .. 8.14 % 0.06 %

+0.16 (+0.30%)

CAD 0.13B
ZIU:CA BMO S&P/TSX 60 Index ETF 8.12 % 0.00 %

+0.29 (+0.30%)

CAD 0.07B
PDC:CA Invesco Canadian Dividend.. 8.01 % 0.55 %

N/A

CAD 0.76B
XDV:CA iShares Canadian Select D.. 7.98 % 0.55 %

+0.08 (+0.30%)

CAD 1.58B
RBNK:CA RBC Canadian Bank Yield I.. 7.95 % 0.33 %

+0.03 (+0.30%)

CAD 0.24B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 7.91 % 0.00 %

+0.51 (+0.30%)

USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 7.91 % 0.00 %

+0.43 (+0.30%)

USD 0.33B
IUTSF 7.89 % 0.00 %

N/A

N/A
UC87:LSE UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

+10.00 (+0.30%)

USD 0.05B
UIM9:F UBS ETF SICAV - MSCI Cana.. 7.71 % 0.00 %

N/A

USD 1.17B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 7.71 % 0.00 %

+0.35 (+0.30%)

USD 2.02B
CAHEUA:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

N/A

USD 0.06B
CANCDA:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

+0.03 (+0.30%)

USD 1.17B
CANUKD:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

N/A

USD 5.77M
CAHCHA:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

+0.12 (+0.30%)

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 %

+0.24 (+0.30%)

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
CSCA:LSE iShares VII Public Limite.. 7.71 % 0.00 %

+124.00 (+0.30%)

USD 1.07B
SXR2:F iShares VII PLC - iShares.. 7.71 % 0.00 %

+1.36 (+0.30%)

USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 7.71 % 0.00 %

+1.52 (+0.30%)

USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 7.71 % 0.00 %

N/A

USD 1.05B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 7.69 % 0.00 %

+0.06 (+0.30%)

CAD 0.03B
HCAN:PA HSBC MSCI Canada UCITS ET.. 7.66 % 0.00 %

+0.15 (+0.30%)

USD 0.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 7.66 % 0.00 %

N/A

USD 0.03B
HAL:CA Global X Active Canadian .. 7.34 % 0.78 %

+0.10 (+0.30%)

CAD 0.12B
HEF:CA 7.30 % 0.83 %

N/A

N/A
FIE:CA iShares Canadian Financia.. 6.96 % 0.97 %

+0.04 (+0.30%)

CAD 1.01B
VCN:CA Vanguard FTSE Canada All .. 6.83 % 0.06 %

+0.07 (+0.30%)

CAD 7.18B
ZCN:CA BMO S&P/TSX Capped Compos.. 6.59 % 0.05 %

+0.08 (+0.30%)

CAD 8.46B
XIC:CA iShares Core S&P/TSX Capp.. 6.56 % 0.06 %

+0.10 (+0.30%)

CAD 13.22B
QCN:CA Mackenzie Canadian Equity.. 6.52 % 0.06 %

+0.59 (+0.30%)

CAD 1.47B
GCSC:CA Guardian Canadian Sector .. 6.49 % 0.00 %

-0.01 (0.30%)

CAD 0.01B
ICTE:CA 6.08 % 0.00 %

N/A

N/A
BFIN:CA Brompton North American F.. 5.75 % 0.96 %

N/A

CAD 0.05B
FCCD:CA Fidelity Canadian High Di.. 5.58 % 0.00 %

+0.13 (+0.30%)

CAD 0.17B
ZDV:CA BMO Canadian Dividend 5.18 % 0.38 %

+0.03 (+0.30%)

CAD 1.04B
XEI:CA iShares S&P/TSX Composite.. 5.06 % 0.22 %

+0.11 (+0.30%)

CAD 1.62B
BNKS:AU BetaShares Global Banks C.. 4.92 % 0.00 %

-0.07 (0.30%)

USD 0.04B
WOMN:CA BMO Women In Leadership F.. 4.83 % 0.39 %

N/A

CAD 6.17M
NSCE:CA NBI Sustainable Canadian .. 4.53 % 0.00 %

+0.03 (+0.30%)

CAD 1.98B
MCLC:CA Manulife Multifactor Cana.. 4.43 % 0.45 %

+0.27 (+0.30%)

CAD 0.33B
INOC:CA Global X Inovestor Canadi.. 4.38 % 0.66 %

+0.06 (+0.30%)

CAD 0.04B
ISIF:CA 3.68 % 0.00 %

N/A

N/A
TQCD:CA TD Q Canadian Dividend ET.. 3.43 % 0.00 %

+0.01 (+0.30%)

CAD 0.38B
RCD:CA RBC Quant Canadian Divide.. 3.10 % 0.43 %

+0.14 (+0.30%)

CAD 0.17B
XMV:CA iShares MSCI Canada Minim.. 3.09 % 0.33 %

+0.16 (+0.30%)

CAD 0.23B
ZQB:CA BMO High Quality Corporat.. 2.98 % 0.00 %

+0.05 (+0.30%)

CAD 0.03B
IGRO 2.64 % 0.00 %

N/A

N/A
CDEF:CA 2.61 % 0.00 %

N/A

N/A
TLV:CA Invesco S&P/TSX Composite.. 2.39 % 0.34 %

+0.01 (+0.30%)

CAD 0.09B
DIVD Altrius Global Dividend E.. 2.30 % 0.00 %

+0.06 (+0.30%)

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

N/A

USD 2.55M
WF1E:XETRA Invesco Markets II plc - .. 1.83 % 0.00 %

+0.08 (+0.30%)

USD 2.55M
WELK:XETRA Amundi S&P Global Financi.. 1.78 % 0.00 %

+0.16 (+0.30%)

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

+0.15 (+0.30%)

N/A
EGIF:CA 1.69 % 1.43 %

N/A

N/A
FCMI:CA Fidelity Canadian Monthly.. 1.68 % 0.00 %

N/A

CAD 7.48M
DCP:CA 1.59 % 0.53 %

N/A

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

+0.70 (+0.30%)

N/A
WFIN:SW SPDR MSCI World Financial.. 1.53 % 0.00 %

+0.32 (+0.30%)

N/A
XDWF:F Xtrackers (IE) Public Lim.. 1.53 % 0.00 %

N/A

USD 0.41B
XDWF:XETRA db x-trackers MSCI World .. 1.53 % 0.00 %

+0.38 (+0.30%)

USD 0.41B
XWFS:LSE Xtrackers MSCI World Fina.. 1.53 % 0.00 %

+0.35 (+0.30%)

N/A
FEDM FlexShares ESG & Climate .. 1.38 % 0.00 %

+0.12 (+0.30%)

USD 0.06B
CPD:CA iShares S&P/TSX Canadian .. 1.35 % 0.50 %

-0.04 (0.30%)

CAD 1.04B
HSWD:LSE HSBC Developed World Sust.. 1.31 % 0.00 %

-0.04 (0.30%)

USD 0.17B
HSWO:LSE HSBC Developed World Sust.. 1.30 % 0.00 %

+0.02 (+0.30%)

N/A
H41C:XETRA HSBC Developed World Sust.. 1.27 % 0.00 %

+0.03 (+0.30%)

USD 0.24B
HSWD:PA HSBC Developed World Sust.. 1.27 % 0.00 %

+0.02 (+0.30%)

N/A
HSWD:SW HSBC DEVELOPED WORLD SUST.. 1.27 % 0.00 %

N/A

N/A
VYMI Vanguard International Hi.. 1.14 % 0.32 %

+0.20 (+0.30%)

USD 7.66B
CIL VictoryShares Internation.. 0.35 % 0.45 %

+0.20 (+0.30%)

USD 0.10B
CIZ VictoryShares Developed E.. 0.35 % 0.45 %

+0.03 (+0.30%)

USD 0.03B
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 %

+0.13 (+0.30%)

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

+0.07 (+0.30%)

N/A
HEWC 0.00 % 0.03 %

N/A

N/A
HFP:CA 0.00 % 0.63 %

N/A

N/A
INTF iShares Edge MSCI Multifa.. 0.00 % 0.30 %

+0.08 (+0.30%)

USD 1.11B
IPFF 0.00 % 0.55 %

N/A

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

+0.03 (+0.30%)

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

+0.02 (+0.30%)

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

+0.94 (+0.30%)

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

+0.01 (+0.30%)

USD 0.13B
PPS:CA 0.00 % 1.77 %

N/A

N/A
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

+0.03 (+0.30%)

CAD 0.04B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

+0.02 (+0.30%)

CAD 0.23B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

+0.20 (+0.30%)

CAD 0.13B
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 (+0.30%)

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

+0.11 (+0.30%)

N/A
QCD:CA 0.00 % 0.45 %

N/A

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

-0.04 (0.30%)

CAD 1.62B
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 %

+0.68 (+0.30%)

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

+0.30 (+0.30%)

N/A
US1:PA 0.00 % 0.00 %

N/A

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

+0.47 (+0.30%)

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

+0.09 (+0.30%)

CAD 0.17B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

N/A

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

-0.05 (0.30%)

N/A
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

+0.01 (+0.30%)

CAD 0.22B
BFIN-U:CA 0.00 % 0.00 %

N/A

N/A
FCCM:CA 0.00 % 0.00 %

N/A

N/A
TCLV:CA TD Q Canadian Low Volatil.. 0.00 % 0.00 %

+0.14 (+0.30%)

CAD 0.04B
HCA:CA Hamilton Canadian Bank Me.. 0.00 % 0.00 %

+0.03 (+0.30%)

CAD 0.07B
MDVD:CA 0.00 % 0.00 %

N/A

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

N/A

CAD 0.07B
TMEC:CA 0.00 % 0.00 %

N/A

N/A
NDIV:CA 0.00 % 0.00 %

N/A

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

+0.01 (+0.30%)

USD 0.37B
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 %

N/A

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

N/A

CAD 0.60B
DXR:CA Dynamic Active Retirement.. 0.00 % 0.00 %

N/A

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

+0.03 (+0.30%)

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 9.52% 64% D 72% C
Dividend Return 2.01% 11% F 52% F
Total Return 11.53% 63% D 72% C
Trailing 12 Months  
Capital Gain 15.76% 65% D 75% C
Dividend Return 4.20% 11% F 60% D-
Total Return 19.96% 59% D- 76% C+
Trailing 5 Years  
Capital Gain 38.38% 75% C 70% C-
Dividend Return 23.48% 56% F 79% B-
Total Return 61.86% 78% C+ 75% 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 45% 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 20% 62%
Price/Book Ratio 1.76 5% 47%
Price / Cash Flow Ratio 5.95 33% 55%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.38% 78% 69%
Return on Invested Capital 3.65% 28% 37%
Return on Assets 0.79% 59% 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.