RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 100.4

Change

+1.25 (+1.26)%

Market Cap

USD 98.47B

Volume

0.59M

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: 2024-03-27 )

Largest Industry Peers for Banks - Diversified

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

+0.12 (+0.06%)

USD 533.63B
JPM-PD JPMorgan Chase & Co

+0.09 (+0.36%)

USD 330.81B
JPM-PC JPMorgan Chase & Co

+0.11 (+0.44%)

USD 329.13B
BML-PG Bank of America Corporation

+0.06 (+0.27%)

USD 301.80B
BAC Bank of America Corp

-0.08 (-0.21%)

USD 301.46B
BML-PH Bank of America Corporation

+0.08 (+0.37%)

USD 291.23B
BAC-PE Bank of America Corporation

+0.08 (+0.34%)

USD 280.20B
BML-PL Bank of America Corporation

-0.03 (-0.14%)

USD 273.53B
BML-PJ Bank of America Corporation

N/A

USD 261.36B
BAC-PB Bank of America Corporation

+0.03 (+0.12%)

USD 251.68B

ETFs Containing RY

HMAX:CA Hamilton Canadian Financi.. 22.28 % 0.00 %

+0.07 (+0.09%)

CAD 0.73B
TBNK:CA TD Canadian Bank Dividend.. 19.01 % 0.00 %

-0.16 (0.09%)

CAD 0.04B
HEB:CA Hamilton Canadian Bank Eq.. 16.63 % 0.00 %

+0.07 (+0.09%)

CAD 0.69B
HBNK:CA Horizons Equal Weight Ban.. 16.63 % 0.00 %

+0.04 (+0.09%)

CAD 0.75B
CIC:CA CI Canadian Banks Covered.. 16.51 % 0.84 %

+0.03 (+0.09%)

CAD 0.19B
CBNK:CA Mulvihill Canadian Bank E.. 13.92 % 0.00 %

+0.02 (+0.09%)

CAD 0.09B
BMDLF 11.93 % 0.00 %

N/A

N/A
ZWB-U:CA BMO Covered Call Canadian.. 11.43 % 0.00 %

-0.08 (0.09%)

N/A
HFIN:CA Hamilton Enhanced Canadia.. 10.16 % 0.00 %

+0.08 (+0.09%)

CAD 0.12B
XCSR:CA iShares ESG Advanced MSCI.. 10.02 % 0.00 %

+0.34 (+0.09%)

CAD 0.20B
CEW:CA iShares Equal Weight Banc.. 9.95 % 0.60 %

+0.07 (+0.09%)

CAD 0.19B
ESGC:CA Invesco S&P/TSX Composite.. 9.64 % 0.00 %

+0.05 (+0.09%)

CAD 0.07B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 9.29 % 0.00 %

N/A

CAD 2.91M
NDIV:CA NBI Canadian Dividend Inc.. 9.25 % 0.00 %

N/A

CAD 0.01B
IUTSF 7.89 % 0.00 %

N/A

N/A
ICAE:CA Invesco S&P/TSX Canadian .. 7.77 % 0.00 %

N/A

CAD 7.07M
XCAN:SW Xtrackers MSCI Canada ESG.. 7.41 % 0.00 %

+0.30 (+0.09%)

USD 0.36B
HEF:CA Horizons Enhanced Income .. 7.30 % 0.83 %

N/A

CAD 0.15B
RCDC:CA RBC Canadian Dividend Cov.. 7.13 % 0.00 %

N/A

CAD 0.03B
CAHEUA:SW UBS(Lux)Fund Solutions .. 7.12 % 0.00 %

+0.21 (+0.09%)

USD 0.05B
CANCDA:SW UBS(Lux)Fund Solutions .. 7.12 % 0.00 %

+0.41 (+0.09%)

USD 1.02B
CANUKD:SW UBS(Lux)Fund Solutions .. 7.12 % 0.00 %

+0.05 (+0.09%)

USD 2.90M
CSCA:SW iShares VII PLC - iShares.. 7.11 % 0.00 %

N/A

USD 1.03B
HCAN:SW HSBC MSCI Canada UCITS ET.. 7.09 % 0.00 %

N/A

USD 0.03B
CAHCHA:SW UBS(Lux)Fund Solutions .. 6.99 % 0.00 %

+0.15 (+0.09%)

USD 0.03B
CAHGBA:SW UBS(Lux)Fund Solutions .. 6.99 % 0.00 %

N/A

USD 0.05B
CAHUSA:SW UBS(Lux)Fund Solutions .. 6.99 % 0.00 %

+0.43 (+0.09%)

USD 0.06B
CANA:SW UBS (LUX) FUND SOLUTIONS .. 6.99 % 0.00 %

N/A

N/A
CAHGBD:SW UBS(Lux)Fund Solutions .. 6.99 % 0.00 %

N/A

USD 3.83M
XESG:CA iShares ESG Aware MSCI Ca.. 6.76 % 0.00 %

+0.16 (+0.09%)

CAD 0.37B
ICTE:CA Invesco S&P/TSX Composite.. 6.69 % 0.00 %

N/A

CAD 0.99M
FCCV:CA Fidelity Canadian Value I.. 6.65 % 0.00 %

+0.04 (+0.09%)

CAD 0.14B
FIE:CA iShares Canadian Financia.. 6.60 % 0.97 %

+0.03 (+0.09%)

CAD 0.97B
HCA:CA Hamilton Canadian Bank Me.. 6.51 % 0.00 %

+0.03 (+0.09%)

CAD 0.07B
HAL:CA Horizons Active Cdn Divid.. 6.31 % 0.78 %

+0.24 (+0.09%)

CAD 0.12B
CCEI:CA CIBC Canadian Equity Inde.. 5.94 % 0.00 %

+0.05 (+0.09%)

CAD 0.55B
FCCQ:CA Fidelity Canadian High Qu.. 5.04 % 0.39 %

+0.18 (+0.09%)

CAD 0.14B
BNKS:AU BetaShares Global Banks C.. 4.58 % 0.00 %

-0.07 (0.09%)

USD 0.04B
TMEC:CA TD Morningstar ESG Canada.. 4.08 % 0.00 %

-0.01 (0.09%)

CAD 0.02B
MDVD:CA Mackenzie Global Sustaina.. 2.85 % 0.00 %

N/A

CAD 6.86M
IGRO 2.68 % 0.00 %

N/A

N/A
DXR:CA Dynamic Active Retirement.. 2.66 % 0.00 %

+0.06 (+0.09%)

CAD 0.01B
IQDF FlexShares International .. 2.57 % 0.47 %

+0.21 (+0.09%)

USD 0.55B
WDFE:SW Invesco Markets II plc - .. 2.05 % 0.00 %

N/A

USD 2.40M
HYBR:CA Horizons Active Hybrid Bo.. 1.96 % 0.00 %

+0.05 (+0.09%)

CAD 0.06B
WF1E:XETRA Invesco Markets II plc - .. 1.94 % 0.00 %

+0.05 (+0.09%)

USD 2.40M
LCTD BlackRock World ex U.S. C.. 1.74 % 0.00 %

+0.38 (+0.09%)

USD 0.28B
IQDE FlexShares International .. 1.71 % 0.47 %

+0.13 (+0.09%)

USD 0.02B
PFAA:CA Picton Mahoney Fortified .. 1.70 % 0.00 %

+0.01 (+0.09%)

CAD 0.10B
WELK:XETRA Amundi S&P Global Financi.. 1.70 % 0.00 %

+0.09 (+0.09%)

USD 0.25B
WELY:XETRA Amundi S&P Global Financi.. 1.70 % 0.00 %

+0.09 (+0.09%)

USD 0.25B
IQDY FlexShares International .. 1.44 % 0.47 %

+0.26 (+0.09%)

USD 0.07B
FNCW:LSE SPDR® MSCI World Financi.. 1.42 % 0.00 %

+0.34 (+0.09%)

USD 0.29B
XWFS:LSE Xtrackers MSCI World Fina.. 1.41 % 0.00 %

+0.15 (+0.09%)

USD 0.41B
WFIN:SW SPDR MSCI World Financial.. 1.40 % 0.00 %

+0.58 (+0.09%)

N/A
HSWD:LSE HSBC Developed World Sust.. 1.24 % 0.00 %

+0.25 (+0.09%)

USD 0.20B
HSWO:LSE HSBC Developed World Sust.. 1.24 % 0.00 %

+0.26 (+0.09%)

USD 0.21B
H41C:XETRA HSBC Developed World Sust.. 1.21 % 0.00 %

+0.31 (+0.09%)

USD 0.24B
HSWD:PA HSBC Developed World Sust.. 1.21 % 0.00 %

+0.32 (+0.09%)

N/A
HSWD:SW HSBC DEVELOPED WORLD SUST.. 1.21 % 0.00 %

N/A

N/A
CPD:CA iShares S&P/TSX Canadian .. 1.18 % 0.50 %

+0.05 (+0.09%)

CAD 1.03B
INTF iShares Edge MSCI Multifa.. 0.97 % 0.30 %

+0.28 (+0.09%)

USD 1.03B
BSCK 0.00 % 0.10 %

N/A

N/A
DXM:CA 0.00 % 0.67 %

N/A

N/A
HEWC 0.00 % 0.03 %

N/A

N/A
HFP:CA Horizons Active Hybrid Bo.. 0.00 % 0.63 %

N/A

CAD 0.06B
IPFF 0.00 % 0.55 %

N/A

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

-0.05 (0.09%)

USD 0.40B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.55 %

-0.07 (0.09%)

CAD 0.76B
PICB Invesco International Cor.. 0.00 % 0.00 %

-0.01 (0.09%)

USD 0.12B
PPS:CA 0.00 % 1.77 %

N/A

N/A
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.50 %

+0.28 (+0.09%)

CAD 0.18B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.43 %

+0.12 (+0.09%)

CAD 0.14B
VYMI Vanguard International Hi.. 0.00 % 0.32 %

+0.48 (+0.09%)

USD 7.35B
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

+0.33 (+0.09%)

CAD 0.12B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

+0.62 (+0.09%)

CAD 1.37B
WOMN:CA BMO Women In Leadership F.. 0.00 % 0.39 %

N/A

CAD 0.15B
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

+0.13 (+0.09%)

CAD 0.04B
BFIN:CA Brompton North American F.. 0.00 % 0.96 %

+0.11 (+0.09%)

CAD 0.05B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

+0.08 (+0.09%)

CAD 0.22B
PDEV 0.00 % 0.00 %

N/A

N/A
RWC:CA 0.00 % 0.68 %

N/A

N/A
TLV:CA Invesco S&P/TSX Composite.. 0.00 % 0.34 %

-0.02 (0.09%)

CAD 0.08B
ULST SPDR® SSgA Ultra Short T.. 0.00 % 0.20 %

+0.01 (+0.09%)

USD 0.58B
VCE:CA Vanguard FTSE Canada 0.00 % 0.06 %

+0.16 (+0.09%)

CAD 1.68B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.06 %

+0.18 (+0.09%)

CAD 6.54B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.22 %

+0.07 (+0.09%)

CAD 2.48B
VEA Vanguard FTSE Developed M.. 0.00 % 0.05 %

+0.36 (+0.09%)

USD 191.36B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

+0.09 (+0.09%)

CAD 0.09B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

+0.05 (+0.09%)

CAD 1.51B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.22 %

+0.04 (+0.09%)

CAD 1.57B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

+0.17 (+0.09%)

CAD 0.11B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

+0.16 (+0.09%)

CAD 11.42B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

+0.13 (+0.09%)

CAD 12.31B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

+0.12 (+0.09%)

CAD 7.38B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

-0.01 (0.09%)

CAD 0.97B
ZEB:CA BMO S&P/TSX Equal Weight .. 0.00 % 0.60 %

-0.03 (0.09%)

CAD 3.75B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.71 %

-0.07 (0.09%)

CAD 2.98B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

+0.03 (+0.09%)

CAD 0.15B
DCP:CA Desjardins Canadian Prefe.. 0.00 % 0.53 %

N/A

CAD 0.03B
QCD:CA AGF Systematic Canadian E.. 0.00 % 0.45 %

+0.05 (+0.09%)

CAD 0.05B
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

-0.06 (0.09%)

CAD 1.62B
BNC:CA 0.00 % 0.68 %

N/A

N/A
FLRM:CA 0.00 % 0.33 %

N/A

N/A
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.33 %

+0.07 (+0.09%)

CAD 0.25B
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

+0.13 (+0.09%)

CAD 1.04B
WFIN:LSE SPDR® MSCI World Financi.. 0.00 % 0.00 %

+0.21 (+0.09%)

USD 0.29B
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

+0.52 (+0.09%)

USD 0.36B
XDWF:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

+0.10 (+0.09%)

USD 0.41B
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

+0.23 (+0.09%)

USD 0.03B
US1:PA 0.00 % 0.00 %

N/A

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

+1.25 (+0.09%)

USD 0.36B
H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

N/A

USD 0.03B
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.00 %

+2.36 (+0.09%)

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

+0.68 (+0.09%)

USD 1.02B
XDWF:F Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

+0.24 (+0.09%)

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

+0.60 (+0.09%)

USD 0.36B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

N/A

USD 0.03B
SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

+1.78 (+0.09%)

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

+0.38 (+0.09%)

USD 2.02B
XDWF:XETRA db x-trackers MSCI World .. 0.00 % 0.00 %

+0.19 (+0.09%)

USD 0.41B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

N/A

CAD 0.09B
PFMN:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

+0.05 (+0.09%)

CAD 1.14B
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 %

+0.15 (+0.09%)

CAD 0.50B
AVSF American Century ETF Trus.. 0.00 % 0.00 %

+0.05 (+0.09%)

USD 0.35B
XIU 0.00 % 0.00 %

N/A

N/A
FST-A:CA 0.00 % 0.00 %

N/A

N/A

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 -0.72% 18% F 28% F
Dividend Return 1.01% 14% F 55% F
Total Return 0.29% 18% F 29% F
Trailing 12 Months  
Capital Gain 6.29% 38% F 46% F
Dividend Return 4.22% 16% F 60% D-
Total Return 10.50% 22% F 44% F
Trailing 5 Years  
Capital Gain 32.89% 65% D 63% D
Dividend Return 24.90% 68% D+ 80% B-
Total Return 57.79% 70% C- 68% D+
Average Annual (5 Year Horizon)  
Capital Gain 6.53% 80% B- 64% D
Dividend Return 10.80% 80% B- 70% C-
Total Return 4.27% 61% D- 76% C+
Risk Return Profile  
Volatility (Standard Deviation) 24.15% 52% F 47% F
Risk Adjusted Return 44.71% 77% C+ 72% C
Market Capitalization 98.47B 49% 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 18% 67%
Price/Book Ratio 1.72 19% 47%
Price / Cash Flow Ratio 5.28 47% 59%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.66% 73% 69%
Return on Invested Capital 3.65% 24% 38%
Return on Assets 0.78% 27% 29%
Debt to Equity Ratio 274.62% 8% 10%

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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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 return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

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.

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.

Low Dividend Growth

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