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.
Future Outlook | Learn about RY's growth trajectory, with analysts projecting EPS growth over 7% by FY2026 and an average price target of $165, despite potential headwinds |
Market Positioning | Delve into RY's diversified model, leveraging Capital Markets and Wealth Management strengths, while navigating a competitive Canadian banking landscape |
Financial Fortitude | Explore RY's robust performance: adjusted EPS of $3.26 surpassing estimates, leading industry ROE at 16.3%, and a strong CET1 ratio of 13.0% |
Acquisition Triumph | Royal Bank of Canada's strategic acquisition of HSBC Canada propels growth, with residential mortgage balances surging 11% year-over-year in Q3/24 |
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 | 13.7x | 10.4x | 8.7x | |
PEG Ratio | 0.85 | 0.35 | 0.03 | |
Price / Book | 1.9x | 1.3x | 1.0x | |
Price / LTM Sales | 4.2x | 3.5x | 2.7x | |
Upside (Analyst Target) | 6.3% | 8.0% | 14.5% | |
Fair Value Upside | Unlock | 3.7% | 3.7% | Unlock |