Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company’s Commercial Banking segments provides lending, deposit and transaction banking products and services. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company’s Insurance segment offers life, health, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; digital platforms; and independent brokers and partners, as well as client-led advice and solutions. The company’s Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.
Navigating Challenges | Learn how RY is preparing for a potential "technical recession" and managing $596 billion in fixed-rate mortgage renewals, with analyst price targets maintaining an Outperform rating |
Capital Strength | Explore RY's near-historical high capital ratios, enabling dividend increases, share buybacks, and flexibility for future growth initiatives amid economic uncertainties |
Strategic Acquisition | Delve into the impact of RY's HSBC Canada acquisition, boosting mortgage balances by 11% and enhancing market position in the competitive banking landscape |
Financial Resilience | Royal Bank of Canada showcases robust financial performance with 15.75% revenue growth and 14.9% ROE, positioning it as a top performer in the Canadian banking secto |
Metrics to compare | RY | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipRYPeersSector | |
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P/E Ratio | 13.9x | 10.4x | 9.1x | |
PEG Ratio | 0.82 | 0.46 | 0.03 | |
Price / Book | 2.0x | 1.4x | 1.0x | |
Price / LTM Sales | 4.2x | 3.6x | 2.7x | |
Upside (Analyst Target) | 8.9% | 5.0% | 13.3% | |
Fair Value Upside | Unlock | 4.8% | 3.1% | Unlock |