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Royal Bank of Canada (RY.TO)

CAD299.16 +1.30 (+0.44%)
CA TSX Financial Services Banks - Diversified
Address 200 Bay Street M5J 2J5
Toronto, ON, CA
CEO David I. McKay
Website rbc.com
IPO 1995-01-12
ISIN CA7800871021

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Also trades on London Stock Exchange · 0QKU.L (USD) New York Stock Exchange · RY (USD) New York Stock Exchange · RY-PT (USD) Other OTC · RBCPF (USD) Swiss Exchange · RY.SW (CHF) Toronto Stock Exchange · RY-PZ.TO (CAD) Toronto Stock Exchange · RY.TO (CAD)
Description

Royal Bank of Canada functions as a globally diversified financial services powerhouse. Its Personal & Commercial Banking arm extends a wide array of offerings to individual clients and small to medium-sized businesses. For retail customers, these include various deposit accounts, home equity lines, personal and indirect loans (like vehicle financing), private banking, mutual funds, self-directed brokerage services, guaranteed investment certificates, credit cards, and payment solutions. For commercial entities, it provides lending, leasing, deposits, investment options, foreign exchange, cash management, auto dealer financing, and trade-related products and services. These are delivered through its network of branches, ATMs, and mobile sales force. The Wealth Management segment specializes in providing bespoke advice and strategic financial solutions to high-net-worth and ultra-high-net-worth individuals, alongside institutional clients. RBC's Insurance division offers guidance and products spanning life, health, home, auto, travel, wealth, annuities, and reinsurance. It also supplies commercial insurance services to individuals, businesses, and group clients. Distribution occurs through advice centers, dedicated insurance stores, mobile advisors, digital and social platforms, independent brokers, and travel partnerships. The Investor & Treasury Services department delivers essential functions such as asset servicing, custody, payments, and treasury management for financial and other investors. Furthermore, it manages fund and investment administration, shareholder services, private capital support, performance measurement and compliance monitoring, distribution, transaction banking, liquidity management, foreign exchange, and global securities financing. Through its Capital Markets division, the bank provides sophisticated corporate and investment banking services. This includes the origination, distribution, advisory, sales, and trading of equity and debt for corporations, institutional investors, asset managers, private equity firms, and government bodies. Founded in 1864, Royal Bank of Canada is headquartered in Toronto, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD299.16 +1.30 (+0.44%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.94
Float Shares
1.39B
Free Float %
99.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.50% +0.17% +8.24% +15.95% +22.35% +13.01% +50.97% +117.77% +112.90% +235.46% +3,931.10%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (28 ratings, all time) Hold
Price Targets & DCF
Current price
299.16
DCF (Levered) 2,156.85 +621.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 71% Bullish
Rating 2026-05 Change
Strong Buy 5 0
Buy 7 0
Hold 4 +2
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
0.25
Distress
Piotroski F-Score
7 / 9
Strong
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
  • ✓
    Revenue growth
    +153.8% Q2'26: +138.2% (vs Q2'25)
  • ✓
    EPS growth
    +25.3% Q2'26: +27.5% (vs Q2'25)
  • —
    FCF margin
    — Q2'26: +68.0% (vs Q2'25)
  • —
    EBIT margin
    — Q2'26: +20.9% (vs Q2'25)
  • —
    ROIC
    — Q2'26: +4.7% (vs Q2'25)
  • ✓
    Share dilution
    -0.3% Q2'26: -1.2% (vs Q2'25)
  • —
    Debt / EBITDA
    — Q2'26: 13.78× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.94) × ERP
WACC = 31% × Ke + 69% × Kd (8.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Current price: 299.16
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Oct 1999
actual 		Oct 2000
actual 		Oct 2001
actual 		Oct 2003
actual 		Oct 2004
actual 		Oct 2005
actual 		Oct 2006
actual 		Oct 2007
actual 		Oct 2008
actual 		Oct 2009
actual 		Oct 2010
actual 		Oct 2011
actual 		Oct 2012
actual 		Oct 2013
actual 		Oct 2014
actual 		Oct 2015
actual 		Oct 2016
actual 		Oct 2017
actual 		Oct 2018
actual 		Oct 2019
actual 		Oct 2020
actual 		Oct 2021
actual 		Oct 2022
actual 		Oct 2023
actual 		Oct 2024
actual 		Oct 2025
actual 		Oct 2026
10 Rev. Ana.
10 EPS Ana. 		Oct 2027
10 Rev. Ana.
10 EPS Ana. 		Oct 2028
2 Rev. Ana.
1 EPS Ana.
Revenue
10.61B
est: 10.69B (-0.8%)
12.01B
est: 12.05B (-0.4%)
16.08B
est: 13.82B (+16.3%)
16.99B
est: 16.15B (+5.2%)
17.80B
est: 17.64B (+0.9%)
19.18B
est: 19.72B (-2.7%)
20.64B
est: 20.19B (+2.2%)
22.14B
est: 22.31B (-0.8%)
21.58B
est: 22.14B (-2.5%)
26.44B
est: 29.13B (-9.2%)
26.08B
est: 29.10B (-10.4%)
27.65B
est: 29.07B (-4.9%)
27.68B
est: 30.25B (-8.5%)
29.45B
est: 30.89B (-4.7%)
32.84B
est: 32.92B (-0.2%)
34.21B
est: 36.35B (-5.9%)
37.25B
est: 39.09B (-4.7%)
39.52B
est: 39.88B (-0.9%)
41.27B
est: 43.05B (-4.1%)
44.14B
est: 46.40B (-4.9%)
42.83B
est: 43.85B (-2.3%)
50.45B
est: 46.37B (+8.8%)
48.50B
est: 47.15B (+2.9%)
49.00B
est: 54.90B (-10.7%)
54.11B
est: 57.23B (-5.4%)
137.36B
est: 66.14B (+107.7%)
71.66B
69.66B – 72.61B
+8.3% YoY
74.93B
72.41B – 77.91B
+4.6% YoY
79.20B
77.18B – 81.22B
+5.7% YoY
EBITDA
—
—
—
—
—
est: 13.48B (-100.0%)
—
est: 13.11B (-100.0%)
—
est: 15.69B (-100.0%)
—
—
—
—
est: 14.84B (-100.0%)
—
est: 14.96B (-100.0%)
-849.00M
est: 16.57B (-105.1%)
—
est: 19.45B (-100.0%)
—
est: 20.76B (-100.0%)
—
est: 22.14B (-100.0%)
—
est: 23.48B (-100.0%)
—
est: 23.54B (-100.0%)
—
est: 27.95B (-100.0%)
—
est: 36.04B (-100.0%)
—
est: 40.62B (-100.0%)
—
est: 40.10B (-100.0%)
—
est: 42.69B (-100.0%)
—
—
—
—
— – —
—
— – —
—
— – —
EBIT
-459.03M
-456.90M
-672.91M
-461.56M
est: 5.01B (-109.2%)
-456.00M
est: 5.02B (-109.1%)
-464.00M
est: 4.72B (-109.8%)
-481.00M
est: 4.82B (-110.0%)
-434.00M
est: 6.86B (-106.3%)
-673.40M
est: 6.97B (-109.7%)
-746.00M
est: 8.00B (-109.3%)
-821.00M
est: 5.52B (-114.9%)
-412.00M
est: 6.96B (-105.9%)
—
est: 8.99B (-100.0%)
—
est: 9.89B (-100.0%)
—
est: 11.33B (-100.0%)
—
est: 12.53B (-100.0%)
—
est: 13.64B (-100.0%)
—
est: 13.78B (-100.0%)
—
est: 15.76B (-100.0%)
—
est: 17.41B (-100.0%)
—
est: 16.40B (-100.0%)
—
est: 16.19B (-100.0%)
—
est: 17.23B (-100.0%)
—
—
—
—
— – —
—
— – —
—
— – —
Net Income
1.73B
est: 1.90B (-9.1%)
2.21B
est: 2.47B (-10.7%)
2.41B
est: 2.61B (-7.6%)
3.01B
est: 3.05B (-1.4%)
2.82B
est: 3.28B (-14.1%)
3.39B
est: 3.15B (+7.6%)
4.73B
est: 3.47B (+36.3%)
5.49B
est: 5.22B (+5.1%)
4.56B
est: 5.45B (-16.4%)
3.86B
est: 6.07B (-36.5%)
5.22B
est: 3.85B (+35.5%)
4.85B
est: 5.22B (-7.0%)
7.44B
est: 5.05B (+47.4%)
8.33B
est: 7.60B (+9.6%)
8.91B
est: 8.89B (+0.3%)
9.93B
est: 9.53B (+4.1%)
10.41B
est: 10.72B (-3.0%)
11.43B
est: 10.78B (+6.0%)
12.40B
est: 12.28B (+1.0%)
12.86B
est: 13.70B (-6.1%)
11.43B
est: 13.25B (-13.7%)
16.04B
est: 13.08B (+22.6%)
15.79B
est: 13.93B (+13.4%)
14.61B
est: 15.33B (-4.7%)
16.23B
est: 16.97B (-4.4%)
20.36B
est: 19.86B (+2.5%)
22.61B
22.11B – 23.12B
+13.9% YoY
25.28B
24.24B – 26.33B
+11.8% YoY
26.80B
25.79B – 27.80B
+6.0% YoY
SGA
4.10B
est: 4.83B (-15.1%)
4.65B
est: 5.33B (-12.8%)
5.72B
est: 6.12B (-6.5%)
7.99B
est: 11.09B (-27.9%)
8.83B
est: 14.01B (-37.0%)
9.31B
est: 15.54B (-40.1%)
9.78B
est: 14.86B (-34.2%)
10.03B
est: 15.95B (-37.1%)
9.41B
est: 15.32B (-38.6%)
11.52B
est: 20.76B (-44.5%)
11.98B
est: 23.56B (-49.2%)
12.02B
est: 21.34B (-43.7%)
12.79B
est: 19.55B (-34.6%)
14.11B
est: 20.50B (-31.2%)
15.12B
est: 21.60B (-30.0%)
16.09B
est: 23.96B (-32.9%)
17.41B
est: 24.53B (-29.0%)
18.58B
est: 26.02B (-28.6%)
19.36B
est: 27.93B (-30.7%)
20.41B
est: 29.62B (-31.1%)
21.14B
est: 31.00B (-31.8%)
22.39B
est: 30.61B (-26.8%)
22.77B
est: 32.58B (-30.1%)
26.29B
est: 24.79B (+6.0%)
29.32B
est: 34.96B (-16.1%)
36.52B
est: 29.86B (+22.3%)
32.36B
31.45B – 32.79B
+8.3% YoY
33.83B
32.69B – 35.18B
+4.6% YoY
35.76B
34.85B – 36.67B
+5.7% YoY
EPS
1.25
est: 1.34 (-7.0%)
1.71
est: 1.76 (-2.8%)
1.79
est: 1.82 (-1.7%)
2.22
est: 2.33 (-4.6%)
2.14
est: 2.41 (-11.4%)
2.61
est: 2.96 (-11.8%)
3.65
est: 3.66 (-0.3%)
4.24
est: 4.36 (-2.7%)
3.41
est: 4.43 (-23.0%)
2.59
est: 4.56 (-43.2%)
3.49
est: 3.97 (-12.2%)
4.25
est: 4.51 (-5.7%)
4.96
est: 5.14 (-3.5%)
5.53
est: 5.72 (-3.4%)
6.03
est: 6.35 (-5.0%)
6.75
est: 6.61 (+2.1%)
6.80
est: 6.82 (-0.4%)
7.59
est: 7.51 (+1.0%)
8.59
est: 8.47 (+1.4%)
8.78
est: 8.94 (-1.8%)
7.84
est: 7.73 (+1.4%)
11.08
est: 11.28 (-1.8%)
11.08
est: 11.07 (+0.1%)
10.51
est: 10.92 (-3.8%)
11.25
est: 12.05 (-6.7%)
14.10
est: 14.10 (0.0%)
16.04
15.66 – 16.38
+13.7% YoY
17.54
17.17 – 18.65
+9.4% YoY
19.03
18.27 – 19.70
+8.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-27 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-26 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-25 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-22 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-21 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-20 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-19 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-15 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-14 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-13 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-12 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-11 B- 2/5 3/5 4/5 3/5 1/5 2/5 1/5
2026-05-08 C+ 2/5 2/5 4/5 3/5 1/5 2/5 1/5
2026-05-07 C+ 2/5 2/5 4/5 3/5 1/5 2/5 1/5
2026-05-06 C+ 2/5 2/5 4/5 3/5 1/5 2/5 1/5
2026-05-05 C+ 2/5 2/5 4/5 3/5 1/5 2/5 1/5
2026-05-04 C+ 2/5 2/5 4/5 3/5 1/5 2/5 1/5
2026-05-01 B- 3/5 3/5 4/5 4/5 1/5 2/5 1/5
2026-04-30 B- 3/5 3/5 4/5 4/5 1/5 2/5 1/5
2026-04-29 B- 3/5 3/5 4/5 4/5 1/5 2/5 1/5
2026-04-28 B- 3/5 3/5 4/5 4/5 1/5 2/5 1/5
2026-04-27 B- 3/5 3/5 4/5 4/5 1/5 2/5 1/5
2026-04-24 B- 3/5 3/5 4/5 4/5 1/5 2/5 1/5
2026-04-23 B 3/5 3/5 5/5 4/5 1/5 2/5 2/5
2026-04-22 B 3/5 3/5 5/5 4/5 1/5 2/5 2/5
2026-04-21 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-04-20 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-04-17 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-04-16 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5
2026-04-15 B 3/5 3/5 4/5 4/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
50.28B
OE per share TTM
35.81
Owner's Yield
13.65%
Maintenance CapEx ratio
30.40%
Maint CapEx / Avg PPE
10.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
Shares Outstanding
1.40B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
David I. McKay President, Chief Executive Officer & Director 9M male
Derek Neldner Group Head & Chief Executive Officer of RBC Capital Markets 5M male
Maria Douvas Chief Legal & Administrative Officer 3M female
Neil McLaughlin Group Head of RBC Wealth Management 2M male
Katherine Gibson Chief Financial Officer 2M female
Naim Kazmi Group Head of Technology & Operations 1M male
Wayne Bossert Deputy Chairman & Head of Ultra High Net Worth Clients-RBC Wealth Management — male
Kelly Bradley Chief Human Resources Officer — female
Kelly Michelle Bradley Chief Human Resources Officer — female
Matthew R. Stopnik Head of Investment Banking — male
Asim Imran Senior Vice President & Head of Investor Relations — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2021-02-05 2021-04-01 Kurt Schrader OR05 — Purchase $1,001 - $15,000 ↗
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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