Royal Bank of Canada (RY) - Stock & Dividends

Exchange: USA Stocks • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA7800871021

Banking, Wealth Management, Insurance, Capital Markets

Royal Bank of Canada is a leading financial institution that provides a wide range of financial services to individuals, businesses, and institutions worldwide. With a rich history dating back to 1864, the bank has established itself as a trusted name in the financial industry.

The bank's Personal & Commercial Banking segment offers a comprehensive suite of financial products and services, including checking and savings accounts, home equity financing, personal lending, private banking, and credit cards. It also provides lending, leasing, deposit, investment, foreign exchange, cash management, and trade products and services to small and medium-sized commercial businesses. These services are delivered through a network of branches, automated teller machines, and mobile sales teams.

The Wealth Management segment of the bank offers a range of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, as well as institutional clients. It also provides asset management products to institutional and individual clients, and asset and investor services to financial institutions, asset managers, and asset owners.

The Insurance segment of the bank offers a wide range of insurance products and services, including life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance solutions. These services are delivered through a network of advice centers, RBC insurance stores, mobile advisors, digital platforms, and independent brokers and partners.

The Capital Markets segment of the bank provides advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. This segment is a leading player in the global capital markets, providing innovative solutions to its clients.

Headquartered in Toronto, Canada, Royal Bank of Canada is a diversified financial institution with a strong presence in Canada and around the world. With a commitment to innovation, customer service, and community development, the bank continues to be a leader in the financial industry. You can learn more about the bank's products and services by visiting its website at https://www.rbc.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Royal Bank of Canada (RY) - Stock & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Royal Bank of Canada (RY) - Stock & Dividends

RY Stock Overview

Market Cap in USD 147,883m
Sector Financial Services
Industry Banks - Diversified
GiC SubIndustry Diversified Banks
TER 0.00%
IPO / Inception 1995-10-16

RY Stock Ratings

Growth 5y 50.1
Fundamental -27.1
Dividend 7.97
Rel. Performance vs Sector -0.99
Analysts 3.94/5
Fair Price Momentum 101.64 USD
Fair Price DCF 120.07 USD

RY Dividends

Yield 12m 3.91%
Yield on Cost 5y 6.23%
Dividends CAGR 5y 5.32%
Payout Consistency 99.3%

RY Growth Ratios

Growth 12m 16.65%
Growth Correlation 12m 53%
Growth Correlation 3m 49%
CAGR 5y 9.74%
CAGR/Mean DD 5y 1.03
Sharpe Ratio 12m 0.66
Alpha vs SP500 12m -8.40
Beta vs SP500 5y weekly 0.89
ValueRay RSI 24.54
Volatility GJR Garch 1y 16.44%
Price / SMA 50 1.02%
Price / SMA 200 9.94%
Current Volume 954.6k
Average Volume 20d 811.9k

External Links for RY Stock

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What is the price of RY stocks?
As of June 22, 2024, the stock is trading at USD 103.63 with a total of 954,576 shares traded.
Over the past week, the price has changed by -0.30%, over one month by -2.13%, over three months by +3.77% and over the past year by +14.27%.
What are the forecast for RY stock price target?
According to ValueRays Forecast Model, RY Royal Bank of Canada will be worth about 109.8 in June 2025. The stock is currently trading at 103.63. This means that the stock has a potential upside of +5.92%.
Issuer Forecast Upside
Wallstreet Target Price 105.7 1.96
Analysts Target Price 98.4 -5.04
ValueRay Target Price 109.8 5.92

Royal Bank of Canada: A Comprehensive Overview

History

Founded in 1864 in Halifax, Nova Scotia, the Royal Bank of Canada (RBC) stands as a testament to the enduring value of financial services. Initially established to facilitate commerce, RBC quickly expanded its reach across Canada and, subsequently, the globe. Its rich history is marked by strategic growth, including significant acquisitions and the expansion into various financial services markets, solidifying its position as a leading global bank.

Core Business

RBC's core business revolves around providing a wide range of banking and financial services. These include personal and commercial banking, wealth management, insurance, and capital markets operations. Through its comprehensive suite of services, RBC caters to a diverse clientele, including individuals, small businesses, corporations, and governments. Its commitment to leveraging technology for innovative solutions plays a pivotal role in its operations.

Side Business & Innovations

Alongside its primary financial services, RBC has ventured into technology and innovation sectors to stay ahead in a competitive market. This includes investments in artificial intelligence and blockchain technology to enhance customer service and operational efficiency. Additionally, RBC has interests in social impact investments and community-focused initiatives, displaying a commitment to corporate responsibility.

Current Market Status

As of 2023, RBC remains a formidable entity in the financial sector, with a strong presence on the New York Stock Exchange (NYSE: RY). The bank has shown resilience in the face of economic fluctuations, consistently posting robust financial results. This performance is bolstered by its international operations and a solid base in Canada, making it one of North America's most significant and stable banking institutions.