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Royal Bank of Canada TSX:RY Stock Report

Last Price

CA$131.22

Market Cap

CA$186.2b

7D

-0.5%

1Y

-1.8%

Updated

28 Feb, 2024

Data

Company Financials +

RY Stock Overview

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

RY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
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$131.22
52 Week HighCA$137.78
52 Week LowCA$107.92
Beta0.84
1 Month Change-1.12%
3 Month Change7.01%
1 Year Change-1.80%
3 Year Change19.55%
5 Year Change26.56%
Change since IPO5,691.78%

Recent News & Updates

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

Recent updates

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

Here's Why I Think Royal Bank of Canada (TSE:RY) Is An Interesting Stock

May 08
Here's Why I Think Royal Bank of Canada (TSE:RY) Is An Interesting Stock

Revenue Beat: Royal Bank of Canada Beat Analyst Estimates By 9.0%

Feb 27
Revenue Beat: Royal Bank of Canada Beat Analyst Estimates By 9.0%

Shareholder Returns

RYCA BanksCA Market
7D-0.5%-0.2%0.7%
1Y-1.8%-4.5%2.8%

Return vs Industry: RY exceeded the Canadian Banks industry which returned -4.5% over the past year.

Return vs Market: RY underperformed the Canadian Market which returned 2.8% over the past year.

Price Volatility

Is RY's price volatile compared to industry and market?
RY volatility
RY Average Weekly Movement1.9%
Banks Industry Average Movement2.5%
Market Average Movement8.5%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.2%

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
186491,398Dave McKayhttps://www.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$186.16b
Earnings (TTM)CA$14.62b
Revenue (TTM)CA$53.66b

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$53.66b
Cost of RevenueCA$0
Gross ProfitCA$53.66b
Other ExpensesCA$39.04b
EarningsCA$14.62b

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

Feb 28, 2024

Earnings per share (EPS)10.39
Gross Margin100.00%
Net Profit Margin27.25%
Debt/Equity Ratio429.2%

How did RY perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

51%

Payout Ratio
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