Royal Bank of Canada (RY)

NYSE: RY · IEX Real-Time Price · USD
100.63
+1.09 (1.10%)
Aug 16, 2022 1:20 PM EDT - Market open
1.10%
Market Cap 142.46B
Revenue (ttm) 39.22B
Net Income (ttm) 13.11B
Shares Out 1.42B
EPS (ttm) 8.95
PE Ratio 11.24
Forward PE 10.63
Dividend $3.70 (3.68%)
Ex-Dividend Date Jul 25, 2022
Volume 299,095
Open 99.50
Previous Close 99.54
Day's Range 99.35 - 100.64
52-Week Range 90.75 - 119.41
Beta 0.76
Analysts Buy
Price Target 114.03 (+13.3%)
Earnings Date Aug 24, 2022

About RY

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to smal... [Read more...]

Industry Banks
Founded 1864
CEO David McKay
Employees 86,007
Stock Exchange NYSE
Ticker Symbol RY
Full Company Profile

Financial Performance

In 2021, RY's revenue was 49.69 billion, an increase of 5.32% compared to the previous year's 47.18 billion. Earnings were 16.04 billion, an increase of 40.29%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for RY stock is "Buy." The 12-month stock price forecast is 114.03, which is an increase of 13.32% from the latest price.

Price Target
$114.03
(13.32% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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Royal Bank of Canada raises prime rate to 3.2% after central bank hike

Royal Bank of Canada said on Wednesday it will raise its prime lending rate by 50 basis points to 3.2% after the Bank of Canada increased its benchmark rate.

Royal Bank of Canada (RY) Announces Its Buyout of Brewin Dolphin

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Royal Bank of Canada to Buy Wealth Manger Brewin Dolphin

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Royal Bank of Canada offers $2.1 billion for UK's Brewin Dolphin

LONDON (Reuters) -Royal Bank of Canada became the latest Canadian lender to expand overseas with a 1.6 billion pound ($2.1 billion) all-cash offer for U.K.-based wealth manager Brewin Dolphin on Thursday.

Brewin Dolphin agrees to $2.1 billion takeover offer by Royal Bank of Canada

Brewin Dolphin Holdings PLC said Thursday that it has agreed to a 1.6 billion-pound ($2.10 billion) takeover by Royal Bank of Canada.

Royal Bank of Canada announces proposed acquisition of Brewin Dolphin

Deal to create premier integrated wealth management provider in UK, Channel Islands and Ireland TORONTO, March 31, 2022 /PRNewswire/ - Royal Bank of Canada ("RBC") today announced that, subject to Brewi...

Dow Jones Newswires: Royal Bank of Canada reports rise in first-quarter profit and revenue on strong personal and com...

Royal Bank of Canada RY, -1.45% on Thursday reported a rise in first-quarter profit and revenue, benefiting from strong performance at its personal and commercial banking and wealth-management segments.

Royal Bank of Canada posts 6% jump in profit on wealth management boost

Royal Bank of Canada posted a 6% jump in first-quarter profit on Thursday, driven by higher fee income in its banking and wealth management units.

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Royal Bank: Solid Earnings, Big Dividend Increase

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Recap: Royal Bank of Canada Q4 Earnings

Royal Bank of Canada (NYSE:RY) reported its Q4 earnings results on Wednesday, December 1, 2021 at 06:00 AM. Here's what investors need to know about the announcement.

Earnings Preview For Royal Bank of Canada

Royal Bank of Canada (NYSE:RY) is set to give its latest quarterly earnings report on Wednesday, 2021-12-01. Here's what investors need to know before the announcement.

Royal Bank of Canada's Earnings Outlook

Royal Bank of Canada (NYSE:RY) is set to give its latest quarterly earnings report on Wednesday, 2021-12-01. Here's what investors need to know before the announcement.

Royal Bank (RY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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