RY:NYE-Royal Bank Of Canada (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 97.38

Change

+0.55 (+0.57)%

Market Cap

USD 98.47B

Volume

0.53M

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: 2024-05-01 )

Largest Industry Peers for Banks - Diversified

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

+0.36 (+0.18%)

USD 570.80B
JPM-PD JPMorgan Chase & Co

-0.05 (-0.20%)

USD 330.80B
JPM-PC JPMorgan Chase & Co

N/A

USD 330.18B
BML-PG Bank of America Corporation

+0.03 (+0.13%)

USD 306.12B
BAC Bank of America Corp

+0.31 (+0.80%)

USD 304.29B
BML-PH Bank of America Corporation

+0.10 (+0.46%)

USD 292.59B
BAC-PE Bank of America Corporation

N/A

USD 285.31B
BML-PL Bank of America Corporation

+0.01 (+0.04%)

USD 276.98B
BML-PJ Bank of America Corporation

-0.04 (-0.18%)

USD 264.14B
BAC-PB Bank of America Corporation

+0.08 (+0.32%)

USD 250.58B

ETFs Containing RY

HMAX:CA Hamilton Canadian Financi.. 22.39 % 0.00 %

+0.04 (+0.36%)

CAD 0.76B
XFN:CA iShares S&P/TSX Capped Fi.. 19.76 % 0.61 %

+0.06 (+0.36%)

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

-0.06 (0.36%)

CAD 0.02B
ZEB:CA BMO S&P/TSX Equal Weight .. 16.45 % 0.60 %

-0.11 (0.36%)

CAD 3.40B
HBNK:CA Global X Equal Weight Can.. 16.38 % 0.00 %

-0.03 (0.36%)

CAD 0.80B
HEB:CA Hamilton Canadian Bank Eq.. 16.35 % 0.00 %

-0.03 (0.36%)

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

+0.06 (+0.36%)

CAD 2.58B
CBNK:CA Mulvihill Canadian Bank E.. 13.92 % 0.00 %

-0.02 (0.36%)

CAD 0.10B
DXC:CA Dynamic Active Canadian D.. 12.87 % 0.86 %

N/A

CAD 0.25B
BANK:CA Evolve Canadian Banks and.. 12.64 % 0.39 %

+0.01 (+0.36%)

CAD 0.16B
BMDLF 11.93 % 0.00 %

N/A

N/A
ZWB:CA BMO Covered Call Canadian.. 11.29 % 0.71 %

-0.04 (0.36%)

CAD 3.03B
ZWB-U:CA BMO Covered Call Canadian.. 11.29 % 0.00 %

N/A

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

N/A

CAD 0.13B
XCV:CA iShares Canadian Value 9.89 % 0.55 %

+0.03 (+0.36%)

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

N/A

CAD 0.11B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 9.52 % 0.00 %

N/A

CAD 2.96M
XDIV:CA iShares Core MSCI Canadia.. 8.84 % 0.11 %

+0.15 (+0.36%)

CAD 1.23B
FLCA Franklin FTSE Canada ETF 8.41 % 0.09 %

+0.03 (+0.36%)

USD 0.40B
PDC:CA Invesco Canadian Dividend.. 8.11 % 0.55 %

+0.04 (+0.36%)

CAD 0.78B
RBNK:CA RBC Canadian Bank Yield I.. 7.95 % 0.33 %

-0.05 (0.36%)

CAD 0.25B
VCE:CA Vanguard FTSE Canada 7.91 % 0.06 %

+0.06 (+0.36%)

CAD 1.72B
IUTSF 7.89 % 0.00 %

N/A

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

N/A

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

-0.01 (0.36%)

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

+0.02 (+0.36%)

CAD 12.64B
XDV:CA iShares Canadian Select D.. 7.40 % 0.55 %

+0.06 (+0.36%)

CAD 1.55B
XCAN:SW Xtrackers MSCI Canada ESG.. 7.39 % 0.00 %

-0.04 (0.36%)

USD 0.36B
QCE:CA Mackenzie Canadian Large .. 7.32 % 0.06 %

+0.28 (+0.36%)

CAD 0.13B
QCD:CA AGF Systematic Canadian E.. 7.29 % 0.45 %

N/A

CAD 0.85M
RCDC:CA RBC Canadian Dividend Cov.. 7.13 % 0.00 %

+0.10 (+0.36%)

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

-0.05 (0.36%)

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

N/A

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

+0.10 (+0.36%)

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

N/A

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

+0.03 (+0.36%)

USD 1.30M
CAHEUA:SW UBS(Lux)Fund Solutions .. 7.10 % 0.00 %

+0.17 (+0.36%)

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

-0.18 (0.36%)

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

+0.09 (+0.36%)

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

N/A

USD 0.03B
CSCA:SW iShares VII PLC - iShares.. 7.07 % 0.00 %

N/A

USD 1.04B
ICTE:CA Invesco S&P/TSX Composite.. 6.76 % 0.00 %

+0.53 (+0.36%)

CAD 1.01M
VCN:CA Vanguard FTSE Canada All .. 6.32 % 0.06 %

+0.04 (+0.36%)

CAD 6.75B
DRMC:CA Desjardins RI Canada - Lo.. 6.20 % 0.29 %

-0.03 (0.36%)

CAD 0.04B
ZCN:CA BMO S&P/TSX Capped Compos.. 6.04 % 0.05 %

+0.03 (+0.36%)

CAD 7.60B
GCSC:CA Guardian Canadian Sector .. 6.03 % 0.00 %

+0.01 (+0.36%)

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

+0.03 (+0.36%)

CAD 11.77B
QCN:CA Mackenzie Canadian Equity.. 5.88 % 0.06 %

-0.08 (0.36%)

CAD 1.41B
DRFC:CA Desjardins RI Canada Mult.. 5.41 % 0.57 %

+0.06 (+0.36%)

CAD 0.22B
BFIN:CA Brompton North American F.. 5.36 % 0.96 %

N/A

CAD 0.05B
ZDV:CA BMO Canadian Dividend 5.25 % 0.38 %

+0.05 (+0.36%)

CAD 0.99B
XEI:CA iShares S&P/TSX Composite.. 5.03 % 0.22 %

+0.05 (+0.36%)

CAD 1.64B
FCCD:CA Fidelity Canadian High Di.. 5.02 % 0.00 %

+0.11 (+0.36%)

CAD 0.17B
WOMN:CA BMO Women In Leadership F.. 4.90 % 0.39 %

+0.07 (+0.36%)

CAD 5.69M
MCLC:CA Manulife Multifactor Cana.. 4.49 % 0.45 %

+0.15 (+0.36%)

CAD 0.34B
BNKS:AU BetaShares Global Banks C.. 4.44 % 0.00 %

+0.06 (+0.36%)

USD 0.04B
XMV:CA iShares MSCI Canada Minim.. 3.12 % 0.33 %

-0.03 (0.36%)

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

N/A

CAD 0.15B
IGRO 2.77 % 0.00 %

N/A

N/A
CDEF:CA Manulife Smart Defensive .. 2.47 % 0.00 %

N/A

CAD 1.28M
TLV:CA Invesco S&P/TSX Composite.. 2.41 % 0.34 %

+0.07 (+0.36%)

CAD 0.08B
WDFE:SW Invesco Markets II plc - .. 2.05 % 0.00 %

+0.14 (+0.36%)

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

+0.03 (+0.36%)

USD 2.42M
WELK:XETRA Amundi S&P Global Financi.. 1.71 % 0.00 %

+0.06 (+0.36%)

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

+0.05 (+0.36%)

USD 0.26B
DCP:CA Desjardins Canadian Prefe.. 1.47 % 0.53 %

N/A

CAD 0.03B
WFIN:SW SPDR MSCI World Financial.. 1.42 % 0.00 %

+0.34 (+0.36%)

N/A
XWFS:LSE Xtrackers MSCI World Fina.. 1.42 % 0.00 %

+0.09 (+0.36%)

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

+0.22 (+0.36%)

USD 0.30B
HSWO:LSE HSBC Developed World Sust.. 1.24 % 0.00 %

+0.06 (+0.36%)

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

+0.08 (+0.36%)

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

+0.07 (+0.36%)

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

N/A

N/A
H41C:XETRA HSBC Developed World Sust.. 1.21 % 0.00 %

+0.09 (+0.36%)

USD 0.24B
VYMI Vanguard International Hi.. 1.05 % 0.32 %

-0.17 (0.36%)

USD 7.55B
BSCK 0.00 % 0.10 %

N/A

N/A
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.60 %

+0.02 (+0.36%)

CAD 0.20B
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

-0.02 (0.36%)

CAD 0.20B
CPD:CA iShares S&P/TSX Canadian .. 0.00 % 0.50 %

N/A

CAD 1.05B
DXM:CA 0.00 % 0.67 %

N/A

N/A
FIE:CA iShares Canadian Financia.. 0.00 % 0.97 %

+0.01 (+0.36%)

CAD 1.00B
HEF:CA Horizons Enhanced Income .. 0.00 % 0.83 %

N/A

CAD 0.15B
HEWC 0.00 % 0.03 %

N/A

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

N/A

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

-0.11 (0.36%)

USD 1.08B
IPFF 0.00 % 0.55 %

N/A

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

-0.01 (0.36%)

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

+0.04 (+0.36%)

USD 0.07B
IXG iShares Global Financials.. 0.00 % 0.46 %

+0.06 (+0.36%)

USD 0.40B
PICB Invesco International Cor.. 0.00 % 0.00 %

-0.07 (0.36%)

USD 0.13B
PPS:CA 0.00 % 1.77 %

N/A

N/A
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

N/A

CAD 0.11B
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 (+0.36%)

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

-0.29 (0.36%)

USD 131.86B
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

+0.02 (+0.36%)

CAD 1.65B
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 %

+0.27 (+0.36%)

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

-0.06 (0.36%)

USD 0.35B
XDWF:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

+0.11 (+0.36%)

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

-0.04 (0.36%)

USD 0.03B
US1:PA 0.00 % 0.00 %

N/A

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

-0.19 (0.36%)

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 %

-0.22 (0.36%)

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

-0.06 (0.36%)

USD 1.05B
XDWF:F Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

+0.08 (+0.36%)

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

-0.14 (0.36%)

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 %

-0.38 (0.36%)

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

-0.08 (0.36%)

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

+0.09 (+0.36%)

USD 0.41B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

-0.01 (0.36%)

CAD 0.07B
FCCV:CA Fidelity Canadian Value I.. 0.00 % 0.00 %

+0.05 (+0.36%)

CAD 0.16B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

N/A

CAD 0.10B
PFMN:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

N/A

CAD 1.15B
TQCD:CA TD Q Canadian Dividend ET.. 0.00 % 0.00 %

+0.08 (+0.36%)

CAD 0.38B
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

+0.03 (+0.36%)

CAD 0.21B
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 %

+0.10 (+0.36%)

CAD 7.48M
TCLV:CA TD Q Canadian Low Volatil.. 0.00 % 0.00 %

+0.09 (+0.36%)

CAD 0.03B
HCA:CA Hamilton Canadian Bank Me.. 0.00 % 0.00 %

N/A

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

+0.16 (+0.36%)

CAD 7.15M
PFLS:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

-0.01 (0.36%)

CAD 0.07B
TMEC:CA TD Morningstar ESG Canada.. 0.00 % 0.00 %

-0.02 (0.36%)

CAD 9.68M
FLXX:LSE Franklin LibertyQ Global .. 0.00 % 0.00 %

+0.08 (+0.36%)

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

+0.07 (+0.36%)

USD 0.04B
AVSF American Century ETF Trus.. 0.00 % 0.00 %

-0.02 (0.36%)

USD 0.36B
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 %

-0.10 (0.36%)

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

N/A

CAD 0.59B
DXR:CA Dynamic Active Retirement.. 0.00 % 0.00 %

N/A

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

+0.04 (+0.36%)

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 -3.71% 14% F 29% F
Dividend Return 2.01% 50% F 76% C+
Total Return -1.70% 14% F 32% F
Trailing 12 Months  
Capital Gain 1.18% 36% F 40% F
Dividend Return 4.17% 15% F 60% D-
Total Return 5.36% 24% F 40% F
Trailing 5 Years  
Capital Gain 22.31% 61% D- 62% D
Dividend Return 23.61% 65% D 80% B-
Total Return 45.91% 67% D+ 68% 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 14% 66%
Price/Book Ratio 1.81 5% 46%
Price / Cash Flow Ratio 5.57 39% 57%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 13.66% 76% 69%
Return on Invested Capital 3.65% 21% 38%
Return on Assets 0.78% 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.

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.