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.
Strategic Expansion | Explore RY's acquisition of HSBC Canada, boosting loan growth and market share while realizing significant cost synergies and operational efficiencies |
Financial Resilience | Delve into RY's robust financial performance, with adjusted EPS of $3.26 in Q3/24 and a leading ROE of 16.3%, signaling strong shareholder returns |
Market Outlook | Analysts project 7%+ EPS growth by FY2026, with price targets ranging to $165. Learn how RY navigates challenges like potential credit loss increases |
Diversified Growth | Discover RY's multi-faceted growth strategy, leveraging its strong position in Wealth Management and Capital Markets to offset potential sector weaknesses |
Metrics to compare | RY | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipRYPeersSector | |
---|---|---|---|---|
P/E Ratio | 13.1x | 9.0x | 8.5x | |
PEG Ratio | 0.81 | −1.25 | 0.03 | |
Price/Book | 1.9x | 1.1x | 1.0x | |
Price / LTM Sales | 4.0x | 3.0x | 2.6x | |
Upside (Analyst Target) | 17.2% | 32.4% | 21.2% | |
Fair Value Upside | Unlock | 4.9% | 4.0% | Unlock |