Royal Bank of Canada operates as a diversified financial service company worldwide.
No risks detected for RYC from our risk checks.
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Royal Bank of Canada's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RYC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RYC exceeded the German Banks industry which returned -19.6% over the past year.
Return vs Market: RYC underperformed the German Market which returned 4.4% over the past year.
Price Volatility Vs. Market
How volatile is Royal Bank of Canada's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Royal Bank of Canada undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RYC (€62.22) is trading below our estimate of fair value (€68.48)
Significantly Below Fair Value: RYC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RYC is good value based on its PE Ratio (12.4x) compared to the Banks industry average (19.3x).
PE vs Market: RYC is good value based on its PE Ratio (12.4x) compared to the German market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: RYC is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: RYC is overvalued based on its PB Ratio (1.7x) compared to the DE Banks industry average (0.9x).
How is Royal Bank of Canada forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RYC's forecast earnings growth (15.3% per year) is above the savings rate (0.2%).
Earnings vs Market: RYC's earnings (15.3% per year) are forecast to grow slower than the German market (22.5% per year).
High Growth Earnings: RYC's earnings are forecast to grow, but not significantly.
Revenue vs Market: RYC's revenue (3.8% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: RYC's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RYC's Return on Equity is forecast to be low in 3 years time (15%).
How has Royal Bank of Canada performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RYC has high quality earnings.
Growing Profit Margin: RYC's current net profit margins (26.7%) are lower than last year (28.9%).
Past Earnings Growth Analysis
Earnings Trend: RYC's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: RYC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RYC had negative earnings growth (-10.2%) over the past year, making it difficult to compare to the Banks industry average (4%).
Return on Equity
High ROE: RYC's Return on Equity (13.5%) is considered low.
How is Royal Bank of Canada's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: RYC's Assets to Equity ratio (19.7x) is moderate.
Allowance for Bad Loans: RYC has a sufficient allowance for bad loans (148%).
Low Risk Liabilities: 63% of RYC's liabilities are made up of primarily low risk sources of funding.
Loan Level: RYC has an appropriate level of Loans to Assets ratio (40%).
Low Risk Deposits: RYC's Loans to Deposits ratio (67%) is appropriate.
Level of Bad Loans: RYC has an appropriate level of bad loans (0.5%).
What is Royal Bank of Canada's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: RYC's dividend (4.46%) is higher than the bottom 25% of dividend payers in the German market (1.27%).
High Dividend: RYC's dividend (4.46%) is in the top 25% of dividend payers in the German market (3.75%)
Stability and Growth of Payments
Stable Dividend: RYC's dividends per share have been stable in the past 10 years.
Growing Dividend: RYC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.6%), RYC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RYC's dividends in 3 years are forecast to be well covered by earnings (47.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave McKay (56yo)
Mr. David I. McKay, also known as Dave, has been the President of Royal Bank of Canada since February 26, 2014 and has been its Chief Executive Officer since August 1, 2014. Mr. McKay is responsible for th ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD10.13M) is above average for companies of similar size in the German market ($USD4.77M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||3.5yrs||CA$4.33m||0.00041% CA$361.6k|
|Group Head of Wealth Management||14.42yrs||CA$7.07m||0.00032% CA$282.2k|
|Group Head of Personal & Commercial Banking||3.08yrs||CA$4.91m||0.00043% CA$379.2k|
|Group Head of Technology & Operations||6.42yrs||CA$7.89m||0.00027% CA$238.1k|
|Deputy Chairman of RBC Wealth Management||no data||no data||no data|
|Chief Administrative Officer||0.50yr||no data||no data|
|Senior VP of Wholesale Finance & Investor Relations||no data||no data||no data|
|General Counsel||5.08yrs||no data||no data|
|Senior Vice President of Communications||no data||no data||no data|
Experienced Management: RYC's management team is seasoned and experienced (5.1 years average tenure).
|Independent Chairman of the Board||6.5yrs||CA$525.00k||0.00031% CA$273.4k|
|Chairman of RBC Europe Ltd||3.25yrs||no data||no data|
|Independent Director||9yrs||CA$250.00k||0.00012% CA$105.8k|
|Independent Director||14.67yrs||CA$291.67k||0.00035% CA$308.6k|
|Independent Director||14.67yrs||CA$250.00k||0.0011% CA$934.7k|
|Independent Director||1.42yrs||CA$83.33k||0.00067% CA$590.8k|
|Independent Director||4.92yrs||CA$262.50k||0.000080% CA$70.5k|
|Independent Director||5.75yrs||CA$300.00k||0.00014% CA$123.5k|
|Independent Director||5.42yrs||CA$300.00k||0.00010% CA$88.2k|
Experienced Board: RYC's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Royal Bank of Canada's company bio, employee growth, exchange listings and data sources
- Name: Royal Bank of Canada
- Ticker: RYC
- Exchange: DB
- Founded: 1864
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CA$135.067b
- Listing Market Cap: CA$88.184b
- Shares outstanding: 1.42b
- Website: https://www.rbc.com
Number of Employees
- Royal Bank of Canada
- Royal Bank Canada
- 200 Bay Street
- M5J 2J5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RY||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Dec 1972|
|RY||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 1972|
|RY||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Dec 1972|
|RY N||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Dec 1972|
|RYC||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 1972|
|0QKU||LSE (London Stock Exchange)||Yes||Common Shares||GB||CHF||Dec 1972|
|RY.PRC||TSX (The Toronto Stock Exchange)||PFD SHS AC||CA||CAD||Nov 2006|
|RY.PRE||TSX (The Toronto Stock Exchange)||PFD 1ST SER AE||CA||CAD||Jan 2007|
|RY.PRL||TSX (The Toronto Stock Exchange)||5YR PFD-AL CV||CA||CAD||Nov 2008|
|RBCD.F||OTCPK (Pink Sheets LLC)||5YR PFD-AL CV||US||USD||Nov 2008|
|RY.PRZ||TSX (The Toronto Stock Exchange)||1ST PFD SER AZ||CA||CAD||Jan 2014|
|RY.PRJ||TSX (The Toronto Stock Exchange)||PFD SHS SER BD||CA||CAD||Feb 2015|
|RY.PRM||TSX (The Toronto Stock Exchange)||PFD SER BF||CA||CAD||Mar 2015|
|RY.PRO||TSX (The Toronto Stock Exchange)||PFD BI NVCC||CA||CAD||Jul 2015|
|RY.PRP||TSX (The Toronto Stock Exchange)||1ST PFD SER BJ||CA||CAD||Oct 2015|
|RY.PRT||NYSE (New York Stock Exchange)||DEP 1/40 6.75% C||US||USD||Nov 2015|
|RY.PRQ||TSX (The Toronto Stock Exchange)||PFD SER BK||CA||CAD||Dec 2015|
|RY.PR.R||TSX (The Toronto Stock Exchange)||PDF SER BM||CA||CAD||Mar 2016|
|A19CMG||DB (Deutsche Boerse AG)||2.75% SNR MTN 01/02/2022 USD 'G'||DE||USD||Jan 2017|
|RY.PRS||TSX (The Toronto Stock Exchange)||1ST PFD SHS BO||CA||CAD||Nov 2018|
Royal Bank of Canada operates as a diversified financial service company worldwide. The company’s Personal & Commercial Banking segment offers check and savings accounts, credit cards, mortgages, loans, investment products, payments, international trade, and business advice services. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management provides a suite of advice-based solutions and strategies. The company’s Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and creditor and business insurance services to individual, business, and group clients through its field sales force, advice centers, and online, as well as through independent insurance advisors and affinity relationships. Its Investor & Treasury Services segment provides asset, cash management, transaction banking, and treasury services to institutional clients; correspondent banking and trade finance services for financial institutions; and short-term funding and liquidity management services. The company’s Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, sale, and trading services for corporations, institutional investors, asset managers, governments, and central banks. The company was founded in 1864 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 22:01|
|End of Day Share Price||2020/06/05 00:00|
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.