Royal Bank of Canada (RY)
| Market Cap | 171.18B |
| Revenue (ttm) | 38.83B |
| Net Income (ttm) | 11.42B |
| Shares Out | 1.42B |
| EPS (ttm) | 8.07 |
| PE Ratio | 15.00 |
| Forward PE | 13.47 |
| Dividend | $4.21 (3.49%) |
| Ex-Dividend Date | Jan 27, 2025 |
| Volume | 518,384 |
| Open | 120.36 |
| Previous Close | 120.08 |
| Day's Range | 120.05 - 120.74 |
| 52-Week Range | 93.97 - 128.05 |
| Beta | 0.84 |
| Analysts | Strong Buy |
| Price Target | 156.50 (+29.83%) |
| Earnings Date | Feb 26, 2025 |
About RY
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]
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 numbers in CAD Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for RY stock is "Strong Buy." The 12-month stock price forecast is $156.5, which is an increase of 29.83% from the latest price.
News
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...
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 ...
My Top 10 High-Yield Dividend Stocks For January 2025
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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...
Royal Bank of Canada (RY) Q4 2024 Earnings Call Transcript
Royal Bank of Canada (NYSE:RY) Q4 2024 Earnings Conference Call December 4, 2024 8:00 AM ET Company Participants Asim Imran - Investor Relations Dave McKay - President & Chief Executive Officer Kathe...
My Top 10 High-Yield Dividend Stocks For December 2024
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November's 5 Dividend Growth Stocks With 4.91%+ Yields
Every month we screen for potential dividend growth opportunities, which can provide some new potential ideas that could otherwise slip by. While we look for more consistent dividend growers with rela...
Exclusive: RBC bankers fear layoffs as pledge to keep HSBC staff nears end, sources say
Some Royal Bank of Canada employees who joined as part of an HSBC Canada acquisition are worried about losing their jobs when a six-month guarantee expires this month, according to six sources familia...
Royal Bank of Canada makes its interim CFO permanent
Royal Bank of Canada said on Thursday that interim finance chief Katherine Gibson would take over the role on a permanent basis, effective immediately.
Royal Bank of Canada (RY) Barclays 22nd Annual Global Financial Services Conference (Transcript)
Royal Bank of Canada (NYSE:RY) Barclays 22nd Annual Global Financial Services Conference September 11, 2024 11:15 AM ET Company Participants Katherine Gibson - CFO Conference Call Participants Brian ...
Royal Bank of Canada (RY) Annual Scotiabank Financials Summit (Transcript)
Royal Bank of Canada (NYSE:RY) Annual Scotiabank Financials Summit September 4, 2024 9:35 AM ET Company Participants Dave McKay - President and Chief Executive Officer Conference Call Participants Me...
Royal Bank of Canada Stock Hits Record High on Better-Than-Expected Earnings
Royal Bank of Canada (RY) shares rose to a record high Wednesday after the bank reported earnings above analysts' estimates, thanks to growing profits in its personal banking and wealth management div...
Royal Bank of Canada (RY) Q3 2024 Earnings Call Transcript
Royal Bank of Canada (NYSE:RY) Q3 2024 Earnings Conference Call August 28, 2024 8:00 AM ET Company Participants Asim Imran - Senior Vice President, Head of Investor Relations David McKay - President ...
Royal Bank of Canada (RBC) stock sits at ATH ahead of earnings: is it a buy?
The Royal Bank of Canada (TSX: RY) stock price has risen for two consecutive months and is sitting at its all-time high (ATH).
How To Allocate $100,000 In A Dividend Portfolio: A Strategic Guide For Income And Growth
I will demonstrate how you could allocate the amount of $100,000 by following the current composition of The Dividend Income Accelerator Portfolio, effectively balancing dividend income and dividend g...
Royal Bank of Canada ex-CFO sues for $36M after dismissal over ‘patently false' accusations of extramarital affair
Ahn claims that she suffered “public humiliation” and “palpable reputational harm,” according to the lawsuit.
Analyzing Royal Bank of Canada's Credit Quality And Growth
Royal Bank of Canada has an almost infinitely scalable business, having grown exponentially over the past three decades, and is expected to continue growing. There are headwinds to Canadian credit qua...
Aegis Capital Corp. Announces the Opening of our Newest Office Location in Bowling Green, Kentucky
NEW YORK, NY / ACCESSWIRE / June 13, 2024 / Aegis Capital Corp. (www.aegiscapcorp.com) a full-service wealth management, financial services and investment banking firm is pleased to announce the openi...
Royal Bank of Canada: Continued Residential Mortgage Demand Encouraging
Royal Bank of Canada has continued to see growth across the residential mortgage segment. A recent rate cut by the Bank of Canada could spur further demand across this segment. I take a bullish view o...
Royal Bank of Canada (RY) Q2 2024 Earnings Call Transcript
Royal Bank of Canada (NYSE:RY) Q2 2024 Earnings Conference Call May 30, 2024 8:30 AM ET Company Participants Asim Imran - Head, IR David McKay - President and CEO Katherine Gibson - Interim CFO Graem...
Sell In May And Go Away? - April Dividend Income Report
Many investors believe the stock market generates a better return between November and April than between May and October. Many events contributed to convincing investors that summer and the beginning...
How Royal Bank Of Canada Thrives Amid Rising Rates And Banking Mergers
Royal Bank of Canada (RY) has a diversified business model and is expected to continue its recent growth. RY's net interest income (NII) is growing due to high interest rates and the difference in gro...
Forget Big Tech Earnings, Buy Income Instead
Big tech earnings are approaching, but I'm not betting on them. Big tech stocks have gotten too expensive. I have sold most of my U.S. tech stocks and reinvested the proceeds into high-income investme...
Royal Bank of Canada announces NVCC AT1 Limited Recourse Capital Notes issue
TORONTO , April 17, 2024 /PRNewswire/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced the offering of US$1.0 billion of non-viability contingent capital (NVCC) Additional Tier 1 (AT1) Limi...