Royal Bank Of Canada

Royal Bank Of Canada

RY

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Market Cap$278.68B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Royal Bank Of CanadaRoyal Bank Of Canada17.62.28%16%1.52.8

Earnings Call Q2 2026

May 28, 2026 - AI Summary

Strong earnings / profitability beats expectations (good): RBC reported $5.5B net income and $5.6B adjusted earnings (second-highest quarter on record). Pre-provision pretax earnings +15% YoY driven by 11% revenue growth and all-bank operating leverage >3%. ROE 17.2% with CET1 13.5% (foundation of strong capital). Segment highlights: Capital Markets record, Wealth Management +28% net income, Personal Banking +18% YoY, Commercial Banking ROE >17%.
Capital Markets and Wealth momentum (good): - Capital Markets: record net income $1.5B (+23% YoY); global investment banking market share improved (last 12 months) to >2%, helped by strong fee-based M&A and debt/equity origination; Global Markets benefited from strength in cash equities/derivatives and improved credit trading (with some Europe rates headwinds). - Wealth Management: $1.2B net income (+28% YoY); net new assets +$10B in Canada; AUA nearly USD $800B in the U.S. with USD $5B net new assets and USD $2B recruited assets; Global Asset Management AUM >$800B.
Macro outlook: resilient Canada, but elevated uncertainty (mixed; investors should watch risks): Management described “competing signals” (equity optimism vs. bond/yield caution). Canadian GDP growth tracking ~1.7% annualized in Q1 2026; near-term outlook depends on CUSMA negotiations and duration of Middle East conflict. They increased downside severity and retained elevated downside weights in scenarios—suggesting investors should assume continued volatility in credit and markets, even if current fundamentals look stable.

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Target Price by Analysts

12.8% upsideRoyal Bank Of Canada Target Price DetailsTarget Price
$42.10

Current Fair Value

78.9% downside

Overvalued by 78.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$278.68 Billion
Enterprise Value$609.50 Billion
Dividend Yield$5.10 (2.28%)
Earnings per Share$14.12
Beta0.94
Outstanding Shares1,025,074,000

Return

Return on Equity15.74%ROE
Return on Assets0.92%
Return on Invested Capital1.18%

Valuation & Multiples

P/E Ratio17.56P/E Ratio
PEG68.8PEG
Price to Sales1.48Price to Sales
Price to Book Ratio1.46Price to Book Ratio
Enterprise Value to Revenue4.39
Enterprise Value to EBIT21.64
Enterprise Value to Net Income27
Total Debt to Enterprise0.64
Debt to Equity2.77Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
June 4, 2026
EPS Estimate
$2.74
Average shareholder expectation
Revenue Estimate
$12.44 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 26, 2026
EPS Estimate
$2.88
Average shareholder expectation
Revenue Estimate
$13.10 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.6167 22.19%
Total Calls6,860,300 10.45%
Total Puts4,230,819 34.14%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %58.91% 15.16%
Total Invested$98.05B 6.87%
Investors Holding974 22.00%

ESG Score

No data

About Royal Bank Of Canada

CEO: David McKay

Relevant Senate Committees

Joint Committee on Taxation

This committee provides critical analysis and revenue estimates for all tax legislation. Its influence directly shapes corporate tax structures, capital investment credits, and the overall tax burden on financial markets, which are fundamental to Royal Bank of Canada's financial planning and performance.

Finance

This is the most powerful economic committee, controlling taxation, trade, and entitlement spending. Its tax policy decisions directly impact Royal Bank of Canada's profitability, capital structure, and overall corporate valuations.

Appropriations

This committee allocates discretionary federal spending across various sectors. Its decisions directly impact government spending, which in turn influences economic activity, demand for credit, and the stability of capital markets, all of which are vital for Royal Bank of Canada.

Agriculture, Nutrition, and Forestry

This committee oversees the CFTC and plays a key role in defining cryptocurrencies as digital commodities. As a major financial institution, Royal Bank of Canada is directly affected by regulations governing derivatives, futures markets, and the evolving landscape of digital asset classification.

Banking, Housing, and Urban Affairs

This committee is the primary regulator for the financial system, including bank capital requirements, cryptocurrency regulation, and real estate markets. Its decisions directly and significantly impact Royal Bank of Canada's core business model, regulatory compliance, and profitability in the U.S.

Budget

This committee drafts the budget resolution, which sets spending ceilings and influences the macroeconomic environment, sovereign debt levels, and the passage of major spending packages—all of which profoundly impact interest rates, bond markets, and overall economic conditions crucial for Royal Bank of Canada.

Select Committee on Intelligence

Members receive classified briefings on global threats, cybersecurity, and geopolitical risks. Such information can have profound and immediate impacts on financial markets and the operational security of a global bank like Royal Bank of Canada.

Foreign Relations

As a global commercial bank, Royal Bank of Canada is highly susceptible to U.S. foreign policy, sanctions legislation, and international banking access, which are directly influenced by this committee. Geopolitical stability and international trade impact its global operations and client base.