Royal Bank is a diversified financial services company offering personal and commercial banking, wealth management, insurance, investor services, and capital markets products and services. It is one of Canada's largest banks. Royal Bank also ranks amongst the largest banks in the world based on market capitalization. It serves 16 million clients in Canada, the U.S., and 34 other countries.

By geography, Canada is its largest market accounting for 61% of revenues, followed by the US (23%) and other countries (16%). Royal Bank has a large set of diversified customers ranging from corporate and institutional to high net worth clients.

The bank has five business segments - personal & commercial banking (49% of earnings), capital markets (21%), wealth management (18%), insurance (7%) and investor & treasury services (5%). It maintains a good balance of assets having nearly 50% retail and 50% institutional assets.

Stock Chart & Metrics

  • Ticker: tse:ry
  • Sector: Financial Services
  • Industry: Banks - Diversified
  • Market Cap: 176.99B
  • Market Cap Group: Large Cap
  • P/E: 10.91
  • Dividend Yield: 4.10%

Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Ticker Ticker Company Market Cap P/E Yield Aristocrat Graph SectorID IndustryID
JPM NYSE:JPM JP Morgan Chase 338.82 9.02 3.52 NO 1 7 21
BAC NYSE:BAC Bank of America 271.67 10.32 2.62 NO 1 7 21
RY TSE:RY Royal Bank 176.99 10.91 4.10 YES 1 7 21
WFC NYSE:WFC Wells Fargo 166.40 10.41 2.30 NO 1 7 21
TD TSE:TD TD Bank 151.29 10.34 4.28 YES 1 7 21
C NYSE:C Citigroup Inc. 100.53 6.31 3.94 NO 1 7 21
BNS TSE:BNS Scotia Bank 93.95 9.44 5.28 YES 1 7 21
BMO TSE:BMO Bank of Montreal 85.74 7.02 4.36 YES 1 7 21
CM TSE:CM CIBC 58.51 9.18 5.13 YES 1 7 21
NA TSE:NA National Bank 30.23 9.22 4.10 YES 1 7 21

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.

Royal Bank - FAQ

What is the stock ticker for Royal Bank?

The stock ticker for Royal Bank is TSE:ry.

Is Royal Bank a good stock to buy?

You need to consider your investment strategy and how TSE:ry can fit in your portfolio.

The current dividend income score of 7/10 and dividend growth score of 5/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Royal Bank a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 62 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.


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DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.