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.
Royal Bank operates through the largest financial distribution and branch network in Canada along with leading client franchises.
Investment Data
Canadian investors have one thing in common: Canadian Bank Stocks. If you ask any Canadian dividend investor, you will find at least one bank. For many, it’s a core holding and it’s also what I suggest for a beginner portfolio. … Read more
As a Canadian, in order to build up US funds, I have held dual listed stocks on the US stock exchange to earn dividends in US dollars. When the currency exchange is not on par, that’s one way to generate … Read more
Looking for the best of the best dividend stocks? The Canadian Dividend Aristocrats list is the perfect place to start. As you start, you can see the list of stocks (Excel export) to learn more about their yield and dividend … Read more
A dividend ETF tracks an index consisting of dividend paying stocks. Different ETFs apply different dividend strategies. For instance, a few funds select stocks based on their dividend yields, while some select based on market capitalizations or locations. Investors especially … Read more
Royal Bank is Canada’s largest bank. It is a diversified financial services company offering personal and commercial banking, wealth management, insurance, investor services, and capital markets products and services. Royal Bank is a premier provider of selected global financial services … Read more
Getting US dividends from Canadian stocks is a lot simpler than you may think even if you feel the US dollar is expensive. The strategy is simple with the right discount broker. Why Get US Dividends from Canadian Stocks? As … Read more
It’s quite the stock market we are in … Many stocks have recovered and anxiety has diminished but yet we still have record job losses and companies not wanting to issue forecast. It’s a “Drunk Stock Market”. Valuation is not … Read more