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Royal Bank of Canada TSX:RY Stock Report

Last Price

CA$133.97

Market Cap

CA$188.3b

7D

0.5%

1Y

2.2%

Updated

01 May, 2024

Data

Company Financials +

RY Stock Overview

Royal Bank of Canada operates as a diversified financial service company worldwide.

RY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends5/6

Royal Bank of Canada Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Royal Bank of Canada
Historical stock prices
Current Share PriceCA$133.97
52 Week HighCA$140.77
52 Week LowCA$107.92
Beta0.83
1 Month Change-1.55%
3 Month Change1.89%
1 Year Change2.17%
3 Year Change12.54%
5 Year Change26.47%
Change since IPO5,813.16%

Recent News & Updates

We Think Some Shareholders May Hesitate To Increase Royal Bank of Canada's (TSE:RY) CEO Compensation

Apr 05
We Think Some Shareholders May Hesitate To Increase Royal Bank of Canada's (TSE:RY) CEO Compensation

Recent updates

We Think Some Shareholders May Hesitate To Increase Royal Bank of Canada's (TSE:RY) CEO Compensation

Apr 05
We Think Some Shareholders May Hesitate To Increase Royal Bank of Canada's (TSE:RY) CEO Compensation

Royal Bank of Canada (TSE:RY) Will Pay A Larger Dividend Than Last Year At CA$1.38

Jan 12
Royal Bank of Canada (TSE:RY) Will Pay A Larger Dividend Than Last Year At CA$1.38

Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.38

Dec 13
Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.38

Royal Bank of Canada's (TSE:RY) Dividend Will Be Increased To CA$1.35

Jul 13
Royal Bank of Canada's (TSE:RY) Dividend Will Be Increased To CA$1.35

Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.32

Apr 05
Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.32

Royal Bank of Canada's (TSE:RY) Upcoming Dividend Will Be Larger Than Last Year's

Jan 20
Royal Bank of Canada's (TSE:RY) Upcoming Dividend Will Be Larger Than Last Year's

Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.32

Dec 28
Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.32

Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.32

Dec 03
Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.32

Here's Why We Think Royal Bank of Canada (TSE:RY) Is Well Worth Watching

Dec 01
Here's Why We Think Royal Bank of Canada (TSE:RY) Is Well Worth Watching

Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.28

Jul 14
Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.28

Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.28

Jun 23
Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.28

Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.28

Jun 02
Royal Bank of Canada (TSE:RY) Is Increasing Its Dividend To CA$1.28

Shareholder Returns

RYCA BanksCA Market
7D0.5%-0.4%-0.5%
1Y2.2%2.9%5.3%

Return vs Industry: RY matched the Canadian Banks industry which returned 2.9% over the past year.

Return vs Market: RY underperformed the Canadian Market which returned 5.3% over the past year.

Price Volatility

Is RY's price volatile compared to industry and market?
RY volatility
RY Average Weekly Movement1.8%
Banks Industry Average Movement2.2%
Market Average Movement8.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: RY has not had significant price volatility in the past 3 months.

Volatility Over Time: RY's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
186490,166Dave McKaywww.rbc.com

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.

Royal Bank of Canada Fundamentals Summary

How do Royal Bank of Canada's earnings and revenue compare to its market cap?
RY fundamental statistics
Market capCA$188.33b
Earnings (TTM)CA$15.06b
Revenue (TTM)CA$53.51b

12.6x

P/E Ratio

1.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RY income statement (TTM)
RevenueCA$53.51b
Cost of RevenueCA$0
Gross ProfitCA$53.51b
Other ExpensesCA$38.45b
EarningsCA$15.06b

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

May 30, 2024

Earnings per share (EPS)10.65
Gross Margin100.00%
Net Profit Margin28.14%
Debt/Equity Ratio388.9%

How did RY perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

50%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.