Royal Bank of Canada

Royal Bank of Canada

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Market Cap$271.94B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Royal Bank of CanadaRoyal Bank of Canada0-16%-0.1

Earnings Call Q3 2026

August 27, 2026 - AI Summary

Record profitability + strong capital & shareholder returns - Record quarterly earnings: $6.0B, +11% YoY - Revenues: +9% YoY - Operating leverage: +2.4% adjusted operating leverage, adjusted efficiency ratio 52% - ROE: nearly 18% (also stated premium ROE of ~18%) - Capital strength: CET1 ~13.5%, flat QoQ - Capital deployment: 85 bps deployed in the quarter to grow business + dividends + buybacks - Payout / returns: Total payout ratio 69%; dividends rising toward the 40%–50% medium-term target midpoint; buyback ~5.6M shares for ~$1.6B
Net interest income + fees: broad-based momentum (with some offset in trading) - All-bank NII: +5% YoY; ex-trading NII +7% YoY - On an adjusted basis (excluding certain transactions/offsets): ex-trading, adjusted NII up 11% - NIM down slightly: -4 bps sequentially (ex-trading) driven mainly by Capital Markets and mix/spread effects (shift toward investment-grade loans) - Trading net interest income: -27% YoY (down $178M) due to financing-volume effects - Noninterest income: +13% YoY (notably Wealth and Capital Markets fees)
Segment highlights: strong growth across banking, wealth, and capital markets - Personal Banking: $1.9B earnings - Revenue +4% YoY (record); net interest income +5% YoY (includes PPA effects from HSBC-related items) - Sequential mortgage growth 1.8% (highest since HSBC Bank of Canada acquisition); credit cards balances +7% YoY - Commercial Banking: record $936M net income, +12% YoY - Pre-provision, pre-tax earnings $1.5B (record); deposits +9% YoY - Loans +4% YoY; loan-to-deposit ratio improved to 58% - Capital Markets: record $1.5B net income, +16% YoY - Investment banking revenue +23% YoY; Global Markets revenue +11% YoY - Equity franchise momentum + derivatives; rates trading had headwinds from muted activity - Wealth Management: net income $1.4B, +32% YoY (strong pretax margin 29.3%, +4pp) - AUA: Canadian +20%, US +14%; Direct Investing trading volumes ~+40% YoY - Insurance: $197M net income, -20% YoY (favorable longevity/reinsurance impact in prior year)

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Share Statistics

Market cap$271.94 Billion
Enterprise Value$221.00 Billion
Dividend Yield$NaN (NaN%)
Earnings per Share$-
Beta-
Outstanding Shares-

Return

Return on Equity15.68%ROE
Return on Assets0.91%
Return on Invested Capital1.17%

Valuation & Multiples

P/E Ratio-P/E Ratio
PEG-PEG
Price to Sales-Price to Sales
Price to Book Ratio-Price to Book Ratio
Enterprise Value to Revenue1.55
Enterprise Value to EBIT7.62
Enterprise Value to Net Income9
Total Debt to Enterprise0.06
Debt to Equity0.09Debt to Equity

Revenue Sources

No data

Insider Trades

Institutional Sentiment (Put/Call)

No data available for the latest quarter.

Institutional Ownership

No data available for the latest quarter.

ESG Score

No data

About Royal Bank Of Canada

96,628 employees
CEO: David McKay

Royal Bank of Canada, established in 1864 and headquartered in Toronto, Canada, operates as a comprehensive global financial services enterprise. Its Personal & Commercial Banking division serves both individual clients and small to medi...