RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 98.16

Change

0.00 (0.00)%

Market Cap

USD 98.47B

Volume

0.50M

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: 2024-04-27 )

Largest Industry Peers for Banks - Diversified

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

N/A

USD 533.63B
JPM-PD JPMorgan Chase & Co

N/A

USD 330.28B
JPM-PC JPMorgan Chase & Co

N/A

USD 329.13B
BML-PG Bank of America Corporation

N/A

USD 309.77B
BAC Bank of America Corp

N/A

USD 300.69B
BML-PH Bank of America Corporation

N/A

USD 299.37B
BAC-PE Bank of America Corporation

N/A

USD 280.91B
BML-PL Bank of America Corporation

N/A

USD 273.90B
BML-PJ Bank of America Corporation

N/A

USD 265.41B
BAC-PB Bank of America Corporation

N/A

USD 249.58B

ETFs Containing RY

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

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CAD 0.73B
XFN:CA iShares S&P/TSX Capped Fi.. 19.76 % 0.61 %

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CAD 1.39B
TBNK:CA TD Canadian Bank Dividend.. 18.57 % 0.00 %

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CAD 0.02B
HBNK:CA Global X Equal Weight Can.. 16.63 % 0.00 %

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CAD 0.74B
ZEB:CA BMO S&P/TSX Equal Weight .. 16.45 % 0.60 %

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CAD 3.75B
HEB:CA Hamilton Canadian Bank Eq.. 16.35 % 0.00 %

N/A

CAD 0.67B
VDY:CA Vanguard FTSE Canadian Hi.. 14.03 % 0.22 %

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CAD 2.48B
CBNK:CA Mulvihill Canadian Bank E.. 13.92 % 0.00 %

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CAD 0.09B
BMDLF 11.93 % 0.00 %

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ZWB:CA BMO Covered Call Canadian.. 11.29 % 0.71 %

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CAD 2.98B
ZWB-U:CA BMO Covered Call Canadian.. 11.29 % 0.00 %

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N/A
HFIN:CA Hamilton Enhanced Canadia.. 10.09 % 0.00 %

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CAD 0.12B
CEW:CA iShares Equal Weight Banc.. 10.01 % 0.60 %

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CAD 0.19B
XCSR:CA iShares ESG Advanced MSCI.. 9.97 % 0.00 %

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CAD 0.20B
XCV:CA iShares Canadian Value 9.89 % 0.55 %

N/A

CAD 0.09B
XEN:CA iShares Jantzi Social Ind.. 9.83 % 0.55 %

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CAD 0.11B
ESGC:CA Invesco S&P/TSX Composite.. 9.72 % 0.00 %

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CAD 0.07B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 9.52 % 0.00 %

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CAD 2.91M
NDIV:CA NBI Canadian Dividend Inc.. 8.93 % 0.00 %

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CAD 0.01B
PDC:CA Invesco Canadian Dividend.. 8.11 % 0.55 %

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CAD 0.76B
VCE:CA Vanguard FTSE Canada 7.91 % 0.06 %

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CAD 1.68B
IUTSF 7.89 % 0.00 %

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ICAE:CA Invesco S&P/TSX Canadian .. 7.85 % 0.00 %

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CAD 7.11M
PXC:CA Invesco FTSE RAFI Canadia.. 7.64 % 0.50 %

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CAD 0.18B
PFAE:CA Picton Mahoney Fortified .. 7.52 % 0.00 %

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CAD 0.10B
XCAD:LSE Xtrackers MSCI Canada ESG.. 7.50 % 0.00 %

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USD 0.35B
XIU:CA iShares S&P/TSX 60 7.46 % 0.18 %

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CAD 12.31B
XDV:CA iShares Canadian Select D.. 7.40 % 0.55 %

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CAD 1.51B
D5BH:F Xtrackers - MSCI Canada U.. 7.39 % 0.00 %

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USD 0.36B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 7.39 % 0.00 %

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USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 7.39 % 0.00 %

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

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CAD 0.15B
CSCA:LSE iShares VII Public Limite.. 7.25 % 0.00 %

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USD 1.04B
UC87:LSE UBS(Lux)Fund Solutions .. 7.19 % 0.00 %

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USD 0.06B
EWC iShares MSCI Canada ETF 7.18 % 0.47 %

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USD 2.72B
HCAD:LSE HSBC ETFs Public Limited .. 7.15 % 0.00 %

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USD 0.03B
HCAN:LSE HSBC MSCI Canada UCITS ET.. 7.15 % 0.00 %

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USD 0.03B
RCDC:CA RBC Canadian Dividend Cov.. 7.13 % 0.00 %

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

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USD 0.03B
CAHGBA:SW UBS(Lux)Fund Solutions .. 7.12 % 0.00 %

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USD 0.06B
CAHUSA:SW UBS(Lux)Fund Solutions .. 7.12 % 0.00 %

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USD 0.05B
CANA:SW UBS (LUX) FUND SOLUTIONS .. 7.12 % 0.00 %

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CAHGBD:SW UBS(Lux)Fund Solutions .. 7.12 % 0.00 %

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USD 1.30M
UIM9:F UBS ETF SICAV - MSCI Cana.. 7.10 % 0.00 %

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USD 1.05B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 7.10 % 0.00 %

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USD 2.02B
CAHEUA:SW UBS(Lux)Fund Solutions .. 7.10 % 0.00 %

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USD 0.05B
CANCDA:SW UBS(Lux)Fund Solutions .. 7.10 % 0.00 %

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USD 1.05B
CANUKD:SW UBS(Lux)Fund Solutions .. 7.10 % 0.00 %

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USD 4.17M
HCAN:SW HSBC MSCI Canada UCITS ET.. 7.09 % 0.00 %

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USD 0.03B
CCAU:LSE iShares VII PLC - iShares.. 7.07 % 0.00 %

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USD 1.07B
SXR2:F iShares VII PLC - iShares.. 7.07 % 0.00 %

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USD 1.07B
SXR2:XETRA iShares VII PLC - iShares.. 7.07 % 0.00 %

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USD 1.07B
CSCA:SW iShares VII PLC - iShares.. 7.07 % 0.00 %

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USD 1.04B
HCAN:PA HSBC MSCI Canada UCITS ET.. 7.05 % 0.00 %

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USD 0.03B
H4ZR:F HSBC ETFs Public Limited .. 7.05 % 0.00 %

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USD 0.03B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 7.05 % 0.00 %

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USD 0.03B
UB23:LSE UBS MSCI Canada UCITS CAD.. 7.05 % 0.00 %

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USD 1.03B
ICTE:CA Invesco S&P/TSX Composite.. 6.76 % 0.00 %

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CAD 0.99M
HAL:CA Global X Active Canadian .. 6.72 % 0.78 %

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CAD 0.12B
FCCV:CA Fidelity Canadian Value I.. 6.64 % 0.00 %

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CAD 0.14B
FIE:CA iShares Canadian Financia.. 6.47 % 0.97 %

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CAD 0.97B
HCA:CA Hamilton Canadian Bank Me.. 6.43 % 0.00 %

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CAD 0.07B
VCN:CA Vanguard FTSE Canada All .. 6.32 % 0.06 %

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CAD 6.54B
CCEI:CA CIBC Canadian Equity Inde.. 6.05 % 0.00 %

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CAD 0.55B
ZCN:CA BMO S&P/TSX Capped Compos.. 6.04 % 0.05 %

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CAD 7.38B
GCSC:CA Guardian Canadian Sector .. 6.03 % 0.00 %

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CAD 6.08M
XIC:CA iShares Core S&P/TSX Capp.. 6.02 % 0.06 %

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CAD 11.42B
ZDV:CA BMO Canadian Dividend 5.25 % 0.38 %

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CAD 0.97B
XEI:CA iShares S&P/TSX Composite.. 5.03 % 0.22 %

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CAD 1.57B
BNKS:AU BetaShares Global Banks C.. 4.44 % 0.00 %

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

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CAD 0.02B
TCLV:CA TD Q Canadian Low Volatil.. 3.70 % 0.00 %

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CAD 0.03B
ISIF:CA IA Clarington Strategic I.. 3.31 % 0.00 %

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CAD 1.80B
TQCD:CA TD Q Canadian Dividend ET.. 3.16 % 0.00 %

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CAD 0.38B
XMV:CA iShares MSCI Canada Minim.. 3.12 % 0.33 %

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CAD 0.20B
RCD:CA RBC Quant Canadian Divide.. 3.10 % 0.43 %

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CAD 0.14B
NSCC:CA NBI Sustainable Canadian .. 3.06 % 0.00 %

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CAD 0.14B
ZQB:CA BMO High Quality Corporat.. 2.98 % 0.00 %

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CAD 0.03B
PFMN:CA Picton Mahoney Fortified .. 2.91 % 0.00 %

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CAD 1.15B
MDVD:CA Mackenzie Global Sustaina.. 2.84 % 0.00 %

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CAD 6.86M
IGRO 2.68 % 0.00 %

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DXR:CA Dynamic Active Retirement.. 2.59 % 0.00 %

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CAD 0.01B
CDEF:CA Manulife Smart Defensive .. 2.47 % 0.00 %

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CAD 1.24M
TLV:CA Invesco S&P/TSX Composite.. 2.41 % 0.34 %

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CAD 0.08B
HYBR:CA Global X Active Hybrid Bo.. 2.12 % 0.00 %

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CAD 0.06B
FLXX:LSE Franklin LibertyQ Global .. 2.05 % 0.00 %

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USD 0.04B
FRGD:LSE Franklin LibertyQ Global .. 2.05 % 0.00 %

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USD 0.04B
WDFE:SW Invesco Markets II plc - .. 2.05 % 0.00 %

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USD 2.42M
WF1E:XETRA Invesco Markets II plc - .. 1.94 % 0.00 %

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USD 2.42M
FCMI:CA Fidelity Canadian Monthly.. 1.82 % 0.00 %

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CAD 7.48M
LCTD BlackRock World ex U.S. C.. 1.76 % 0.00 %

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USD 0.28B
WELK:XETRA Amundi S&P Global Financi.. 1.71 % 0.00 %

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USD 0.26B
WELY:XETRA Amundi S&P Global Financi.. 1.71 % 0.00 %

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USD 0.26B
WFIN:SW SPDR MSCI World Financial.. 1.42 % 0.00 %

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XDWF:LSE db x-trackers MSCI World .. 1.42 % 0.00 %

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USD 0.41B
XDWF:F Xtrackers (IE) Public Lim.. 1.42 % 0.00 %

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USD 0.41B
XDWF:XETRA db x-trackers MSCI World .. 1.42 % 0.00 %

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USD 0.41B
XWFS:LSE Xtrackers MSCI World Fina.. 1.42 % 0.00 %

N/A

USD 0.42B
WFIN:LSE SPDR® MSCI World Financi.. 1.42 % 0.00 %

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USD 0.29B
FNCW:LSE SPDR® MSCI World Financi.. 1.42 % 0.00 %

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USD 0.30B
IXG iShares Global Financials.. 1.41 % 0.46 %

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USD 0.40B
CPD:CA iShares S&P/TSX Canadian .. 1.27 % 0.50 %

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CAD 1.03B
HSWO:LSE HSBC Developed World Sust.. 1.24 % 0.00 %

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USD 0.19B
HSWD:LSE HSBC Developed World Sust.. 1.23 % 0.00 %

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USD 0.19B
HSWD:PA HSBC Developed World Sust.. 1.21 % 0.00 %

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HSWD:SW HSBC DEVELOPED WORLD SUST.. 1.21 % 0.00 %

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H41C:XETRA HSBC Developed World Sust.. 1.21 % 0.00 %

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USD 0.24B
BSCK 0.00 % 0.10 %

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CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

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CAD 0.19B
DXM:CA 0.00 % 0.67 %

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HEWC 0.00 % 0.03 %

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HFP:CA Horizons Active Hybrid Bo.. 0.00 % 0.63 %

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CAD 0.06B
INTF iShares Edge MSCI Multifa.. 0.00 % 0.30 %

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USD 1.03B
IPFF 0.00 % 0.55 %

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

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USD 0.02B
IQDY FlexShares International .. 0.00 % 0.47 %

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USD 0.07B
PICB Invesco International Cor.. 0.00 % 0.00 %

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USD 0.12B
PPS:CA 0.00 % 1.77 %

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VYMI Vanguard International Hi.. 0.00 % 0.32 %

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USD 7.27B
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

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CAD 0.13B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

N/A

CAD 1.41B
WOMN:CA BMO Women In Leadership F.. 0.00 % 0.39 %

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CAD 5.69M
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

N/A

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

N/A

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

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CAD 0.22B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

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CAD 0.14B
PDEV 0.00 % 0.00 %

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RWC:CA 0.00 % 0.68 %

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ULST SPDR® SSgA Ultra Short T.. 0.00 % 0.20 %

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

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USD 131.86B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

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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 %

N/A

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

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CAD 1.61B
BNC:CA 0.00 % 0.68 %

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N/A
FLRM:CA 0.00 % 0.33 %

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

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

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CAD 1.17B
US1:PA 0.00 % 0.00 %

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BFIN-U:CA 0.00 % 0.00 %

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FCCM:CA 0.00 % 0.00 %

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PFLS:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

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CAD 0.07B
AVSF American Century ETF Trus.. 0.00 % 0.00 %

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USD 0.35B
XIU 0.00 % 0.00 %

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FST-A:CA 0.00 % 0.00 %

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

N/A

CAD 0.10B

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 -2.94% 17% F 31% F
Dividend Return 2.01% 76% C+ 80% B-
Total Return -0.93% 17% F 34% F
Trailing 12 Months  
Capital Gain -1.16% 32% F 35% F
Dividend Return 4.04% 16% F 60% D-
Total Return 2.88% 17% F 36% F
Trailing 5 Years  
Capital Gain 23.81% 61% D- 61% D-
Dividend Return 23.71% 65% D 80% B-
Total Return 47.52% 67% D+ 67% D+
Average Annual (5 Year Horizon)  
Capital Gain 7.13% 75% C 64% D
Dividend Return 11.38% 75% C 69% C-
Total Return 4.25% 59% D- 75% C
Risk Return Profile  
Volatility (Standard Deviation) 23.74% 52% F 48% F
Risk Adjusted Return 47.94% 80% B- 72% 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 17% 66%
Price/Book Ratio 1.81 5% 46%
Price / Cash Flow Ratio 5.57 42% 57%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.66% 78% 69%
Return on Invested Capital 3.65% 22% 38%
Return on Assets 0.78% 61% 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.

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 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.