Royal Bank of Canada (RY)
| Market Cap | 164.61B |
| Revenue (ttm) | 39.47B |
| Net Income (ttm) | 12.02B |
| Shares Out | 1.41B |
| EPS (ttm) | 8.49 |
| PE Ratio | 13.75 |
| Forward PE | 12.42 |
| Dividend | $4.10 (3.52%) |
| Ex-Dividend Date | Apr 24, 2025 |
| Volume | 493,184 |
| Open | 117.00 |
| Previous Close | 115.91 |
| Day's Range | 116.09 - 117.33 |
| 52-Week Range | 95.84 - 128.05 |
| Beta | 0.84 |
| Analysts | Strong Buy |
| Price Target | 156.50 (+34.1%) |
| Earnings Date | Feb 27, 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 34.10% from the latest price.
News
Aegis Capital Corp. Announces the Hiring of a New Managing Director
NEW YORK, NY / ACCESS Newswire / March 12, 2025 / Aegis Capital Corp. (www.aegiscapcorp.com) a full-service wealth management, financial services and investment banking firm is pleased to announce Dan...
Exclusive: Canada's RBC lays off some employees related to HSBC acquisition, sources say
Canada's largest lender Royal Bank of Canada laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year, two...
Royal Bank of Canada Offers Attractive Risk/Reward
Royal Bank of Canada remains undervalued with a strong risk/reward profile due to consistent loan and deposit growth, rising net interest margins, and robust free cash flow. The bank maintains its lea...
Royal Bank of Canada (RY) Presents at RBC Capital Markets Financial Institutions Conference (Transcript)
Royal Bank of Canada (NYSE:RY) RBC Capital Markets Financial Institutions Conference March 4, 2025 8:00 AM ET Company Participants Dave McKay - President & Chief Executive Officer Conference Call Par...
My Top 10 High-Yield Dividend Stocks For March 2025
SPY stumbles in February, erasing some of its year-to-date gains. VYM is running strong and extends its lead over SPY in 2025. The top 10 stocks on the watchlist for March 2025 offer a 3.56% dividend ...
Royal Bank of Canada (RY) Q1 2025 Earnings Call Transcript
Royal Bank of Canada (NYSE:RY) Q1 2025 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Asim Imran - Senior Vice President, Investor Relations Dave McKay - President & Chief...
The Stocks And ETFs Driving Trump's Tariff Target Markets
Trump's tariffs cause short-term volatility, but long-term market impact is minimal; earnings remain the key focus for investors. The three countries in questions are Canada, China, and Mexico. This b...
Royal Bank of Canada and Subsidiary City National Bank Announce Jersey Partnership With the LA Galaxy and Founding Partnership With Dignity Health Sports Park
LOS ANGELES--(BUSINESS WIRE)--LA Galaxy and Royal Bank of Canada and its LA subsidiary City National Bank launched partnership to include a jersey sleeve patch and other assets.
My Top 10 High-Yield Dividend Stocks For February 2025
SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly t...
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
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...
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
SPY continues its strong run in 2024 with a gain of +5.96% in November. The top 10 stocks on the watchlist for December 2024 offer a 3.34% dividend yield, more than double the S&P 500. My top 10 list ...
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...