RY-PM:CA:TSX-Royal Bank of Canada Pref M (CAD)

COMMON STOCK | Banks - Diversified |

Last Closing

CAD 23.46

Change

-0.06 (-0.26)%

Market Cap

CAD 190.60B

Volume

6.56K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital platforms; and independent brokers and partners. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-10-02 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
RY:CA Royal Bank of Canada

-1.18 (-0.71%)

CAD 237.32B
RY-PJ:CA Royal Bank of Canada Pref J

-0.04 (-0.17%)

CAD 188.85B
TD:CA Toronto Dominion Bank

-0.66 (-0.77%)

CAD 149.15B
BMO-PW:CA Bank of Montreal Pref W

-0.08 (-0.33%)

CAD 93.10B
BMO:CA Bank of Montreal

-0.23 (-0.19%)

CAD 89.64B
BNS:CA Bank of Nova Scotia

-1.72 (-2.34%)

CAD 88.85B
BMO-PY:CA Bank of Montreal Pref Y

+0.03 (+0.13%)

CAD 81.32B
BMO-PE:CA Bank of Montreal Pref Class B

N/A

CAD 79.96B
CM:CA Canadian Imperial Bank Of Comm..

+0.69 (+0.85%)

CAD 77.10B
CM-PQ:CA Canadian Imperial Bank of Comm..

+0.14 (+0.59%)

CAD 60.04B

ETFs Containing RY-PM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 27.29% 68% D+ 86% B+
Dividend Return 3.05% 5% F 64% D
Total Return 30.34% 68% D+ 87% B+
Trailing 12 Months  
Capital Gain 39.23% 74% C 84% B
Dividend Return 4.45% 11% F 67% D+
Total Return 43.68% 68% D+ 86% B+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -2.77% N/A N/A 20% F
Dividend Return -0.35% N/A N/A 24% F
Total Return 2.42% N/A N/A 63% D
Risk Return Profile  
Volatility (Standard Deviation) 17.78% N/A N/A 70% C-
Risk Adjusted Return -1.99% N/A N/A 25% F
Market Capitalization 190.60B 94% A 100% F

Annual Financials (CAD)

Quarterly Financials (CAD)

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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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.

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.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector