Royal Bank of Canada (TSX: RY)

Canada flag Canada · Delayed Price · Currency is CAD
173.94
-0.34 (-0.20%)
Jan 20, 2025, 3:00 PM EST
29.99%
Market Cap 246.61B
Revenue (ttm) 54.11B
Net Income (ttm) 15.91B
Shares Out 1.42B
EPS (ttm) 11.25
PE Ratio 15.49
Forward PE 13.45
Dividend 5.92 (3.40%)
Ex-Dividend Date Jan 27, 2025
Volume 2,230,978
Average Volume 3,515,288
Open 174.36
Previous Close 174.28
Day's Range 173.57 - 174.71
52-Week Range 127.60 - 180.45
Beta 0.83
RSI 51.35
Earnings Date Feb 24, 2025

About Royal Bank of Canada

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. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset manageme... [Read more]

Sector Financials
Founded 1864
Employees 94,838
Stock Exchange Toronto Stock Exchange
Ticker Symbol RY
Full Company Profile

Financial Performance

In 2024, Royal Bank of Canada's revenue was 54.11 billion, an increase of 10.44% compared to the previous year's 49.00 billion. Earnings were 15.91 billion, an increase of 10.71%.

Financial Statements

News

Bonterra Energy Announces Private Offering of $135 Million Senior Secured Second Lien Notes

CALGARY, AB , Jan. 16, 2025 /CNW/ - Bonterra Energy Corp. (TSX: BNE) (" Bonterra " or the " Company ") is pleased to announce that it has entered into an underwriting agreement to issue and sell $135...

3 days ago - Benzinga

Aegis Capital Corp. Announces the Hiring of a New Managing Director

NEW YORK, NY / ACCESSWIRE / January 14, 2025 / Aegis Capital Corp. (www.aegiscapcorp.com) a full-service wealth management, financial services and investment banking firm, is pleased to announce Manue...

6 days ago - Accesswire

Aegis Capital Corp. Announces the Hiring of a New Managing Director

NEW YORK, NY / ACCESSWIRE / January 14, 2025 / Aegis Capital Corp. (www.aegiscapcorp.com) a full-service wealth management, financial services and investment banking firm, is pleased to announce Manue...

6 days ago - Accesswire

Alinta Energy taps investment banks as HK tycoon owner weighs options

Street Talk understands Hong Kong’s Chow Tai Fook has mandated investment banks UBS and RBC Capital Markets for advice ahead of a major renewables push.

8 days ago - The Australian Financial Review

RBC Teams Up with Cohere For GenAI Financial Solutions: Details

Royal Bank Of Canada (NYSE: RY) disclosed its partnership with Cohere to co-develop a generative AI solution tailored for financial services . Cohere is a security and privacy-focused enterprise AI. ...

11 days ago - Benzinga

RBC and Cohere partner to develop the next generation of highly secure generative AI solutions for financial services

TORONTO , Jan. 9, 2025 /PRNewswire/ - RBC (TSX: RY) (NYSE: RY) today announced it has partnered with Cohere , a leader in security and privacy-focused enterprise AI, to co-develop and securely deploy ...

11 days ago - PRNewsWire

Cohere just launched ‘North’, its biggest AI bet yet for privacy-focused enterprises

Cohere launches North, a secure enterprise AI platform outperforming Microsoft Copilot and Google Vertex AI in testing, with Royal Bank of Canada among early adopters implementing the technology for r...

11 days ago - VentureBeat

Flowers Foods Expands Snacking Segment With $795 Million Simple Mills Acquisition

Flowers Foods, Inc. (NYSE: FLO) shares are trading lower on Wednesday. The company entered into a deal to acquire Simple Mills for $795 million in cash . Flowers Foods secured a $795 million term loa...

12 days ago - Benzinga

My Top 10 High-Yield Dividend Stocks For January 2025

SPY ends 2024 on a sour note but with a total gain of 24.89%. The top 10 stocks on the watchlist for January 2025 offer a 3.45% dividend yield, nearly triple that of the S&P 500. My top 10 list of hig...

18 days ago - Seeking Alpha

A 4% Fed funds rate environment 'very positive for banks' in 2025, says RBC's Gerard Cassidy

Gerard Cassidy, RBC Capital Markets managing director, joins 'Closing Bell Overtime' to talk possible risks for bank stocks, the impact of the Federal Reserve in 2025, and more.

27 days ago - CNBC

Millbrook First Nation members can get mortgages on-reserve for the first time, thanks to pilot program

A partnership between Millbrook First Nation and the Royal Bank of Canada is allowing some band members to receive a mortgage and build their own home on reserve land. Previously, getting a mortgage o...

4 weeks ago - CBC News

Royal Bank of Canada: Great Company, Not A Great Price

Royal Bank of Canada recently reported solid results that showed year-over-year growth in most areas. The Company is the largest bank in Canada and has a strong U.S. presence. RY has a solid track rec...

5 weeks ago - Seeking Alpha

LOBLAW COMPANIES LIMITED TO ISSUE $400 MILLION OF SENIOR UNSECURED NOTES

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ./ BRAMPTON, ON , Dec. 9, 2024 /CNW/ - (TSX: L) – Loblaw Companies Limited ("Loblaw" or the "Company") announced...

5 weeks ago - Benzinga

Banker Bonus Pools Increase 12% at Canada’s Six Largest Lenders

Canada’s largest banks all are poised to pay their employees more in variable compensation for 2024, with stock-market favorites Royal Bank of Canada, Canadian Imperial Bank of Commerce and National B...

6 weeks ago - Financial Post

Royal Bank of Canada (RY) Q4 2024 Earnings Call Highlights: Strong Earnings Growth and ...

Royal Bank of Canada (RY) Q4 2024 Earnings Call Highlights: Strong Earnings Growth and Strategic Acquisitions

6 weeks ago - GuruFocus

RBC Q4 earnings grow Y/Y, aided by robust personal & commercial banking, wealth units

Royal Bank of Canada (RY) reported strong financial results for fiscal Q4, with adjusted EPS beating expectations and revenue growth in key segments.

6 weeks ago - Seeking Alpha

RBC Shares Reach All-Time High on Sixth Straight Earnings Beat

Royal Bank of Canada beat estimates after setting aside less money than expected for potentially bad loans.

6 weeks ago - BNN Bloomberg

Royal Bank of Canada raises dividend by 4.2% to C$1.48

Royal Bank of Canada (RY) announces a 4.2% increase in quarterly dividend to C$1.48/share. Payable Feb. 24 for shareholders of record on Jan.

6 weeks ago - Seeking Alpha

Royal Bank of Canada Non-GAAP EPS of C$3.07, revenue of C$15.07B

Royal Bank of Canada reports fourth quarter and 2024 results with Non-GAAP EPS of C$3.07 and revenue of C$15.07B, up by 18.8% year over year.

6 weeks ago - Seeking Alpha

ROYAL BANK OF CANADA REPORTS FOURTH QUARTER AND 2024 RESULTS

All amounts are in Canadian dollars and are based on our audited Annual and unaudited Interim Consolidated Financial Statements for the year and quarter ended October 31, 2024 and related notes prepar...

6 weeks ago - Benzinga

Earnings Preview For Royal Bank of Canada

Royal Bank of Canada (NYSE: RY) is set to give its latest quarterly earnings report on Wednesday, 2024-12-04. Here's what investors need to know before the announcement. Analysts estimate that Royal ...

6 weeks ago - Benzinga

Royal Bank of Canada's Earnings: A Preview

Royal Bank of Canada (NYSE: RY) is gearing up to announce its quarterly earnings on Wednesday, 2024-12-04. Here's a quick overview of what investors should know before the release. Analysts are estim...

6 weeks ago - Benzinga