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RY Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
190.790
Open
189.440
VWAP
188.37
Vol
476.43K
Mkt Cap
264.02B
Low
187.000
Amount
89.74M
EV/EBITDA(TTM)
22.96
Total Shares
1.40B
EV
678.36B
EV/OCF(TTM)
10.95
P/S(TTM)
5.59
Royal Bank of Canada (RBC) is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Capital Markets, and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and the United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions for businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines: corporate and investment banking and global markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, as well as creditor and business insurance services to individual, business and group clients.
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Events Timeline

(ET)
2026-05-28
06:30:00
IBM and Red Hat Launch $5B Project Lightwell
select
2026-05-28
06:10:00
Quarterly Dividend Declared at $1.76, Plans to Buy Back 45 Million Shares
select
2026-05-28
06:10:00
Royal Bank of Canada Reports Q2 Revenue of C$17.45B
select
2026-05-28
06:10:00
Royal Bank of Canada Plans to Repurchase 45M Common Shares
select

News

NASDAQ.COM
2.0
19:03 PMNASDAQ.COM
Royal Bank (RY) Q2 2026 Earnings Transcript
Yahoo Finance
9.5
05-28Yahoo Finance
Royal Bank of Canada Reports Record Second Quarter Earnings
  • Outstanding Earnings: Royal Bank of Canada reported second-quarter earnings of $5.5 billion and adjusted earnings of $5.6 billion, marking the second-highest quarterly performance in its history, reflecting strong financial health and market competitiveness.
  • Record Capital Markets Income: Capital markets net income reached $1.5 billion, up 23% year-over-year, indicating robust performance in global markets and investment banking, further solidifying the bank's leadership position in the financial services industry.
  • Wealth Management Growth: Assets under administration in wealth management surpassed $1 trillion in Canada and nearly $800 billion in the U.S., demonstrating strong client trust and market demand, which is expected to drive future revenue growth.
  • Dividend and Buyback Plans: The bank increased its dividend by $0.12, a 14% year-over-year increase, and announced plans to repurchase up to 45 million common shares, indicating a commitment to shareholder returns and confidence in future growth.
seekingalpha
9.5
05-28seekingalpha
Royal Bank of Canada Q2 Earnings Beat Estimates Driven by Revenue Growth
  • Earnings Beat: Royal Bank of Canada's Q2 adjusted EPS of C$3.90 surpassed analyst expectations of C$3.79, although it fell from C$4.08 in Q1, it rose from C$3.12 a year ago, indicating sustained profitability improvements.
  • Revenue Growth: Total revenue for the quarter reached C$17.5B, exceeding the C$17.3B consensus, despite a decline from C$18.0B in the previous quarter, it reflects a 12% increase from C$15.7B a year ago, showcasing strong performance in capital markets and wealth management.
  • Net Interest Income Performance: Net interest income stood at C$8.51B, exceeding the consensus of C$8.41B, although it dipped from C$8.59B in Q1, it increased by 5% from C$8.06B in Q2 last year, demonstrating the robustness of personal and commercial banking operations.
  • Lower Credit Loss Provisions: Provisions for credit losses were C$912M, below the C$1.07B consensus, and down from C$1.09B in Q1 and C$1.42B a year ago, indicating effective credit risk management and improvements in asset quality.
NASDAQ.COM
8.0
05-28NASDAQ.COM
Multiple Companies Announce Cash Dividend Plans
  • SEI Investments Dividend: On May 27, 2026, SEI Investments' Board declared a semi-annual cash dividend of $0.52 per share, payable on June 16, 2026, enhancing shareholder returns and attracting investor interest.
  • TD Bank Dividend: The Toronto-Dominion Bank announced a cash dividend of $1.12 per share for the quarter ending July 31, 2026, payable after this date, aiming to reward shareholders and boost market confidence, with a record date of July 10, 2026.
  • Universal Health Services Dividend: Universal Health Services' Board voted to pay a cash dividend of $0.20 per share on June 18, 2026, enhancing shareholder value, with a record date of June 8, 2026.
  • CTO Realty Growth Dividend: CTO Realty Growth declared a quarterly cash dividend of $0.38 per share, representing an annualized yield of approximately 7.4%, demonstrating commitment to shareholders, payable on June 30, 2026, with a record date of June 11, 2026.
seekingalpha
8.0
05-28seekingalpha
Royal Bank of Canada Announces Quarterly Dividend Increase
  • Dividend Increase: Royal Bank of Canada declares a quarterly dividend of CAD 1.76 per share, reflecting a 7.3% increase from the previous CAD 1.64, indicating strong profitability and cash flow, which enhances investor confidence.
  • Share Buyback Plan: The company intends to repurchase up to 45 million common shares for cancellation, a move that not only helps boost earnings per share but also demonstrates confidence in its stock value, potentially attracting more investors.
  • Record Date for Shareholders: The dividend will be payable on August 24, with a record date of July 27 and an ex-dividend date also on July 27, providing investors with a clear timeline to participate in the dividend.
  • Market Reaction Expectations: With the announcement of the dividend and buyback plan, the market is optimistic about Royal Bank of Canada's stock performance, expecting further price increases and enhanced overall market confidence in the bank.
NASDAQ.COM
8.0
05-28NASDAQ.COM
Royal Bank of Canada Initiates Share Buyback Program
  • Buyback Program Initiation: Royal Bank of Canada has announced its intention to repurchase up to 45 million common shares, expected to commence on June 12, 2026, and continue until June 11, 2027, reflecting the company's confidence in its stock value.
  • Market Impact Assessment: The shares to be repurchased represent approximately 3.24% of the bank's outstanding common shares as of May 15, 2026, and by reducing the float, this could enhance earnings per share and improve shareholder returns.
  • Transparent Pricing Mechanism: The price paid for repurchased shares will be based on the prevailing market price, which helps maintain investor trust and ensures fairness in the buyback process.
  • Strategic Significance: This move not only indicates Royal Bank of Canada's optimistic outlook on future market performance but may also attract more investor attention, thereby enhancing the company's overall image in the capital markets.
Wall Street analysts forecast RY stock price to rise
11 Analyst Rating
Wall Street analysts forecast RY stock price to rise
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
158.37
Averages
168.73
High
177.08
Current: 0.000
sliders
Low
158.37
Averages
168.73
High
177.08
TD Securities
Mario Mendonca
Buy
maintain
$267 -> $272
AI Analysis
2026-05-29
New
Reason
TD Securities
Mario Mendonca
Price Target
$267 -> $272
AI Analysis
2026-05-29
New
maintain
Buy
Reason
TD Securities analyst Mario Mendonca raised the firm's price target on Royal Bank of Canada to C$272 from C$267 and keeps a Buy rating on the shares.
CIBC
Paul Holden
Neutral
maintain
$258 -> $279
2026-05-29
New
Reason
CIBC
Paul Holden
Price Target
$258 -> $279
2026-05-29
New
maintain
Neutral
Reason
CIBC analyst Paul Holden raised the firm's price target on Royal Bank of Canada to C$279 from C$258 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RY
Unlock Now

Valuation Metrics

The current forward P/E ratio for Royal Bank of Canada (RY.N) is 16.29, compared to its 5-year average forward P/E of 12.27. For a more detailed relative valuation and DCF analysis to assess Royal Bank of Canada's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
12.27
Current PE
16.29
Overvalued PE
13.47
Undervalued PE
11.07

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
2.04
Current EV/EBITDA
15.52
Overvalued EV/EBITDA
9.28
Undervalued EV/EBITDA
-5.21

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.57
Current PS
3.54
Overvalued PS
3.94
Undervalued PS
3.20

Financials

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220.86B

Whales Holding RY

K
Keskinäinen työeläkevakuutusyhtiö Varma
Holding
RY
+20.92%
3M Return
O
Osmosis Investment Management UK Limited
Holding
RY
+18.60%
3M Return
S
Susquehanna Advisors Group, Inc.
Holding
RY
+18.34%
3M Return
T
The Bank of Nova Scotia
Holding
RY
+17.42%
3M Return
M
MUFG Securities EMEA plc
Holding
RY
+17.06%
3M Return
N
National Bank Investments Inc.
Holding
RY
+16.80%
3M Return

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Frequently Asked Questions

What is Royal Bank of Canada (RY) stock price today?

The current price of RY is 187.31 USD — it has decreased -0.84

What is Royal Bank of Canada (RY)'s business?

Royal Bank of Canada (RBC) is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Capital Markets, and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and the United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions for businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines: corporate and investment banking and global markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, as well as creditor and business insurance services to individual, business and group clients.

What is the price predicton of RY Stock?

Wall Street analysts forecast RY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RY is168.73 USD with a low forecast of 158.37 USD and a high forecast of 177.08 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Royal Bank of Canada (RY)'s revenue for the last quarter?

Royal Bank of Canada revenue for the last quarter amounts to 16.94B USD, increased 9.01

What is Royal Bank of Canada (RY)'s earnings per share (EPS) for the last quarter?

Royal Bank of Canada. EPS for the last quarter amounts to 3.85 USD, increased 27.48

How many employees does Royal Bank of Canada (RY). have?

Royal Bank of Canada (RY) has 96628 emplpoyees as of May 29 2026.

What is Royal Bank of Canada (RY) market cap?

Today RY has the market capitalization of 264.02B USD.