RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 110.54

Change

-0.27 (-0.24)%

Market Cap

USD 98.47B

Volume

0.67M

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: 2024-07-16 )

Largest Industry Peers for Banks - Diversified

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

-0.03 (-0.12%)

USD 331.75B
JPM-PD JPMorgan Chase & Co

+0.04 (+0.16%)

USD 331.34B
BAC Bank of America Corp

-0.25 (-0.63%)

USD 307.82B
BML-PG Bank of America Corporation

+0.10 (+0.44%)

USD 303.69B
BML-PH Bank of America Corporation

+0.11 (+0.50%)

USD 298.28B
BAC-PE Bank of America Corporation

-0.10 (-0.42%)

USD 286.02B
BML-PL Bank of America Corporation

-0.03 (-0.13%)

USD 277.97B
BML-PJ Bank of America Corporation

-0.03 (-0.14%)

USD 264.95B
BAC-PB Bank of America Corporation

+0.01 (+0.04%)

USD 251.48B
BAC-PK Bank of America Corporation

-0.04 (-0.16%)

USD 250.62B

ETFs Containing RY

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

-0.02 (-0.27%)

N/A
XFN:CA iShares S&P/TSX Capped Fi.. 21.21 % 0.61 %

-0.16 (-0.27%)

CAD 1.50B
TBNK:CA TD Canadian Bank Dividend.. 20.80 % 0.00 %

-0.19 (-0.27%)

CAD 0.02B
HEB:CA Hamilton Canadian Bank Eq.. 18.64 % 0.00 %

-0.08 (-0.27%)

CAD 0.68B
ZEB:CA BMO S&P/TSX Equal Weight .. 18.64 % 0.60 %

-0.15 (-0.27%)

CAD 3.01B
HBNK:CA Global X Equal Weight Can.. 18.33 % 0.00 %

-0.11 (-0.27%)

N/A
CBNK:CA Mulvihill Canadian Bank E.. 17.24 % 0.00 %

-0.04 (-0.27%)

CAD 0.11B
VDY:CA Vanguard FTSE Canadian Hi.. 15.34 % 0.22 %

-0.25 (-0.27%)

CAD 2.83B
BANK:CA Evolve Canadian Banks and.. 13.62 % 0.39 %

+0.01 (+-0.27%)

CAD 0.23B
ZWB:CA BMO Covered Call Canadian.. 12.66 % 0.71 %

-0.07 (-0.27%)

CAD 3.01B
ZWB-U:CA BMO Covered Call Canadian.. 12.66 % 0.00 %

-0.14 (-0.27%)

N/A
BMDLF 11.93 % 0.00 %

N/A

N/A
HFIN:CA Hamilton Enhanced Canadia.. 11.26 % 0.00 %

+0.01 (+-0.27%)

CAD 0.14B
XEN:CA iShares Jantzi Social Ind.. 10.25 % 0.55 %

N/A

CAD 0.12B
CEW:CA iShares Equal Weight Banc.. 10.13 % 0.60 %

-0.08 (-0.27%)

CAD 0.21B
XCV:CA iShares Canadian Value 10.10 % 0.55 %

-0.18 (-0.27%)

CAD 0.07B
XDIV:CA iShares Core MSCI Canadia.. 9.41 % 0.11 %

-0.16 (-0.27%)

CAD 1.46B
RBNK:CA RBC Canadian Bank Yield I.. 9.22 % 0.33 %

-0.24 (-0.27%)

CAD 0.24B
RCDC:CA RBC Canadian Dividend Cov.. 8.99 % 0.00 %

+0.01 (+-0.27%)

N/A
ICAE:CA Invesco S&P/TSX Canadian .. 8.98 % 0.00 %

-0.03 (-0.27%)

CAD 7.43M
FLCA Franklin FTSE Canada ETF 8.66 % 0.09 %

-0.02 (-0.27%)

USD 0.39B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 8.66 % 0.00 %

N/A

CAD 3.09M
VCE:CA Vanguard FTSE Canada 8.60 % 0.06 %

-0.17 (-0.27%)

CAD 1.87B
PXC:CA Invesco FTSE RAFI Canadia.. 8.33 % 0.50 %

-0.09 (-0.27%)

CAD 0.18B
ZIU:CA BMO S&P/TSX 60 Index ETF 8.30 % 0.00 %

N/A

CAD 0.07B
XIU:CA iShares S&P/TSX 60 8.18 % 0.18 %

-0.41 (-0.27%)

CAD 13.28B
PDC:CA Invesco Canadian Dividend.. 8.14 % 0.55 %

-0.17 (-0.27%)

CAD 0.78B
QCE:CA Mackenzie Canadian Large .. 8.13 % 0.06 %

-0.80 (-0.27%)

CAD 0.13B
XDV:CA iShares Canadian Select D.. 7.99 % 0.55 %

-0.22 (-0.27%)

CAD 1.62B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 7.92 % 0.00 %

-0.05 (-0.27%)

USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 7.92 % 0.00 %

-0.28 (-0.27%)

USD 0.32B
IUTSF 7.89 % 0.00 %

N/A

N/A
UIM9:F UBS ETF SICAV - MSCI Cana.. 7.73 % 0.00 %

-0.10 (-0.27%)

USD 1.18B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 7.73 % 0.00 %

+0.01 (+-0.27%)

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

N/A

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

-0.17 (-0.27%)

USD 1.18B
CANUKD:SW UBS(Lux)Fund Solutions .. 7.73 % 0.00 %

N/A

USD 5.82M
SXR2:F iShares VII PLC - iShares.. 7.72 % 0.00 %

-0.62 (-0.27%)

USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 7.72 % 0.00 %

-0.02 (-0.27%)

USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 7.72 % 0.00 %

N/A

USD 1.09B
CAHCHA:SW UBS(Lux)Fund Solutions .. 7.71 % 0.00 %

-0.14 (-0.27%)

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
HAL:CA Global X Active Canadian .. 7.67 % 0.78 %

-0.08 (-0.27%)

CAD 0.12B
HCAN:PA HSBC MSCI Canada UCITS ET.. 7.66 % 0.00 %

+0.02 (+-0.27%)

USD 0.04B
HCAN:SW HSBC MSCI Canada UCITS ET.. 7.66 % 0.00 %

N/A

USD 0.04B
CSCA:LSE iShares VII Public Limite.. 7.66 % 0.00 %

-3.00 (-0.27%)

USD 1.12B
ETSX:CA Evolve S&P/TSX 60 Enhance.. 7.63 % 0.00 %

-0.06 (-0.27%)

CAD 0.03B
HEF:CA 7.30 % 0.83 %

N/A

N/A
VCN:CA Vanguard FTSE Canada All .. 6.83 % 0.06 %

-0.17 (-0.27%)

CAD 7.45B
DRMC:CA Desjardins RI Canada - Lo.. 6.80 % 0.29 %

-0.09 (-0.27%)

CAD 0.04B
FIE:CA iShares Canadian Financia.. 6.63 % 0.97 %

-0.02 (-0.27%)

CAD 1.03B
XIC:CA iShares Core S&P/TSX Capp.. 6.58 % 0.06 %

-0.14 (-0.27%)

CAD 12.86B
ZCN:CA BMO S&P/TSX Capped Compos.. 6.56 % 0.05 %

-0.11 (-0.27%)

CAD 8.06B
QCN:CA Mackenzie Canadian Equity.. 6.53 % 0.06 %

-0.52 (-0.27%)

CAD 1.50B
GCSC:CA Guardian Canadian Sector .. 6.49 % 0.00 %

+0.05 (+-0.27%)

CAD 0.01B
ICTE:CA Invesco S&P/TSX Composite.. 6.19 % 0.00 %

N/A

CAD 1.05M
DRFC:CA Desjardins RI Canada Mult.. 5.77 % 0.57 %

-0.05 (-0.27%)

CAD 0.23B
BFIN:CA Brompton North American F.. 5.71 % 0.96 %

+0.04 (+-0.27%)

CAD 0.05B
FCCD:CA Fidelity Canadian High Di.. 5.55 % 0.00 %

-0.14 (-0.27%)

CAD 0.19B
ZDV:CA BMO Canadian Dividend 5.24 % 0.38 %

-0.03 (-0.27%)

CAD 1.06B
WOMN:CA BMO Women In Leadership F.. 5.19 % 0.39 %

-0.07 (-0.27%)

CAD 6.14M
XEI:CA iShares S&P/TSX Composite.. 5.09 % 0.22 %

-0.23 (-0.27%)

CAD 1.56B
BNKS:AU BetaShares Global Banks C.. 4.87 % 0.00 %

+0.02 (+-0.27%)

USD 0.04B
NSCE:CA NBI Sustainable Canadian .. 4.76 % 0.00 %

-0.08 (-0.27%)

CAD 1.98B
MCLC:CA Manulife Multifactor Cana.. 4.52 % 0.45 %

-0.15 (-0.27%)

CAD 0.33B
INOC:CA Global X Inovestor Canadi.. 4.21 % 0.66 %

N/A

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

+0.01 (+-0.27%)

CAD 0.18B
XMV:CA iShares MSCI Canada Minim.. 3.07 % 0.33 %

-0.05 (-0.27%)

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

+0.01 (+-0.27%)

CAD 0.03B
ISIF:CA IA Clarington Strategic I.. 2.87 % 0.00 %

N/A

CAD 1.80B
CDEF:CA Manulife Smart Defensive .. 2.69 % 0.00 %

N/A

CAD 1.33M
IGRO 2.64 % 0.00 %

N/A

N/A
TLV:CA Invesco S&P/TSX Composite.. 2.41 % 0.34 %

N/A

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

+0.09 (+-0.27%)

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

N/A

USD 2.58M
LCTD BlackRock World ex U.S. C.. 1.84 % 0.00 %

+0.22 (+-0.27%)

USD 0.26B
WF1E:XETRA Invesco Markets II plc - .. 1.83 % 0.00 %

+0.01 (+-0.27%)

USD 2.58M
EGIF:CA Exemplar Growth and Incom.. 1.80 % 1.43 %

N/A

CAD 3.70M
WELK:XETRA Amundi S&P Global Financi.. 1.78 % 0.00 %

+0.03 (+-0.27%)

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

+0.03 (+-0.27%)

N/A
HPR:CA Global X Active Preferred.. 1.76 % 0.63 %

+0.01 (+-0.27%)

CAD 1.07B
DCP:CA Desjardins Canadian Prefe.. 1.71 % 0.53 %

-0.03 (-0.27%)

CAD 0.03B
PFAA:CA Picton Mahoney Fortified .. 1.68 % 0.00 %

-0.03 (-0.27%)

CAD 0.12B
FCMI:CA Fidelity Canadian Monthly.. 1.68 % 0.00 %

N/A

CAD 7.48M
FNCW:LSE SPDR® MSCI World Financi.. 1.53 % 0.00 %

+0.05 (+-0.27%)

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

-0.10 (-0.27%)

N/A
XDWF:F Xtrackers (IE) Public Lim.. 1.51 % 0.00 %

+0.07 (+-0.27%)

USD 0.41B
XDWF:XETRA db x-trackers MSCI World .. 1.51 % 0.00 %

+0.07 (+-0.27%)

USD 0.41B
WFIN:SW SPDR MSCI World Financial.. 1.51 % 0.00 %

N/A

N/A
CPD:CA iShares S&P/TSX Canadian .. 1.36 % 0.50 %

-0.03 (-0.27%)

CAD 1.02B
HSWD:LSE HSBC Developed World Sust.. 1.31 % 0.00 %

N/A

USD 0.17B
H41C:XETRA HSBC Developed World Sust.. 1.31 % 0.00 %

+0.02 (+-0.27%)

USD 0.24B
HSWD:PA HSBC Developed World Sust.. 1.31 % 0.00 %

+0.03 (+-0.27%)

N/A
HSWD:SW HSBC DEVELOPED WORLD SUST.. 1.31 % 0.00 %

N/A

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

-0.02 (-0.27%)

N/A
VYMI Vanguard International Hi.. 1.18 % 0.32 %

+0.27 (+-0.27%)

USD 7.92B
PXF Invesco FTSE RAFI Develop.. 0.83 % 0.00 %

+0.16 (+-0.27%)

USD 1.76B
PXF Invesco FTSE RAFI Develop.. 0.83 % 0.45 %

+0.16 (+-0.27%)

USD 1.76B
AVSD American Century ETF Trus.. 0.57 % 0.00 %

+0.24 (+-0.27%)

USD 0.15B
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 %

-0.02 (-0.27%)

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

+0.17 (+-0.27%)

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 %

+0.14 (+-0.27%)

USD 1.18B
IPFF 0.00 % 0.55 %

N/A

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

+0.09 (+-0.27%)

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

+0.16 (+-0.27%)

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

+0.46 (+-0.27%)

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

+0.08 (+-0.27%)

USD 0.13B
PPS:CA 0.00 % 1.77 %

N/A

N/A
CIL VictoryShares Internation.. 0.00 % 0.45 %

+0.23 (+-0.27%)

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

+0.16 (+-0.27%)

USD 0.03B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

-0.07 (-0.27%)

CAD 0.15B
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 (+-0.27%)

USD 0.57B
VEA Vanguard FTSE Developed M.. 0.00 % 0.05 %

+0.20 (+-0.27%)

N/A
QCD:CA 0.00 % 0.45 %

N/A

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

-0.03 (-0.27%)

CAD 1.64B
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 %

+0.13 (+-0.27%)

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

+0.02 (+-0.27%)

N/A
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
H4ZR:XETRA 0.00 % 0.00 %

N/A

N/A
FCCV:CA Fidelity Canadian Value I.. 0.00 % 0.00 %

-0.09 (-0.27%)

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 %

+0.01 (+-0.27%)

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

-0.19 (-0.27%)

CAD 0.23B
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 %

+0.03 (+-0.27%)

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

-0.21 (-0.27%)

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

N/A

CAD 7.53M
PFLS:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

+0.07 (+-0.27%)

CAD 0.08B
TMEC:CA 0.00 % 0.00 %

N/A

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

+0.04 (+-0.27%)

USD 0.40B
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 %

-0.09 (-0.27%)

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

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 9.30% 68% D+ 62% D
Dividend Return 2.01% 13% F 51% F
Total Return 11.31% 67% D+ 62% D
Trailing 12 Months  
Capital Gain 12.29% 55% F 65% D
Dividend Return 4.08% 13% F 58% F
Total Return 16.37% 48% F 66% D+
Trailing 5 Years  
Capital Gain 37.74% 73% C 66% D+
Dividend Return 23.42% 65% D 78% C+
Total Return 61.17% 73% C 72% C
Average Annual (5 Year Horizon)  
Capital Gain 8.61% 73% C 67% D+
Dividend Return 12.86% 73% C 71% C-
Total Return 4.25% 60% D- 74% C
Risk Return Profile  
Volatility (Standard Deviation) 23.08% 47% F 45% F
Risk Adjusted Return 55.72% 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 21% 62%
Price/Book Ratio 1.76 5% 47%
Price / Cash Flow Ratio 6.04 35% 56%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.38% 79% 69%
Return on Invested Capital 3.65% 26% 37%
Return on Assets 0.79% 60% 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.