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Royal Bank of Canada TSX:RY Stock Report

Last Price

CA$173.40

Market Cap

CA$245.4b

7D

-2.2%

1Y

29.7%

Updated

23 Dec, 2024

Data

Company Financials +

RY Stock Overview

Operates as a diversified financial service company worldwide. More details

RY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends5/6

My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

Royal Bank of Canada Competitors

Price History & Performance

Summary of share price highs, lows and changes for Royal Bank of Canada
Historical stock prices
Current Share PriceCA$173.40
52 Week HighCA$180.45
52 Week LowCA$127.60
Beta0.84
1 Month Change-0.75%
3 Month Change4.34%
1 Year Change29.72%
3 Year Change29.41%
5 Year Change68.06%
Change since IPO7,553.52%

Recent News & Updates

Recent updates

Royal Bank of Canada's (TSE:RY) Dividend Will Be CA$1.42

Sep 12
Royal Bank of Canada's (TSE:RY) Dividend Will Be CA$1.42

Royal Bank of Canada (TSE:RY) Will Pay A Larger Dividend Than Last Year At CA$1.42

Jun 11
Royal Bank of Canada (TSE:RY) Will Pay A Larger Dividend Than Last Year At CA$1.42

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

Shareholder Returns

RYCA BanksCA Market
7D-2.2%-1.6%-2.0%
1Y29.7%16.8%15.2%

Return vs Industry: RY exceeded the Canadian Banks industry which returned 16.8% over the past year.

Return vs Market: RY exceeded the Canadian Market which returned 15.2% 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 Movement2.6%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
186494,838Dave McKaywww.rbc.com

Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company’s Commercial Banking segments provides lending, deposit and transaction banking products and services.

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$245.36b
Earnings (TTM)CA$15.91b
Revenue (TTM)CA$54.11b

15.4x

P/E Ratio

2.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RY income statement (TTM)
RevenueCA$54.11b
Cost of RevenueCA$0
Gross ProfitCA$54.11b
Other ExpensesCA$38.20b
EarningsCA$15.91b

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)11.24
Gross Margin100.00%
Net Profit Margin29.40%
Debt/Equity Ratio390.5%

How did RY perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

50%

Payout Ratio

Does RY pay a reliable dividends?

See RY dividend history and benchmarks
When do you need to buy RY by to receive an upcoming dividend?
Royal Bank of Canada dividend dates
Ex Dividend DateJan 27 2025
Dividend Pay DateFeb 24 2025
Days until Ex dividend35 days
Days until Dividend pay date63 days

Does RY pay a reliable dividends?

See RY dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Royal Bank of Canada is covered by 32 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
Stephen BiggarArgus Research Company
John AikenBarclays