Royal Bank of Canada
RY · NYSE
Company research
Royal Bank of Canada (RBC), founded in 1864 and headquartered in Toronto, Canada, is the largest bank in Canada by market capitalization and one of the largest financial institutions in the world, with a market cap of approximately $292 billion USD. Operating across more than 27 countries and serving over 18 million clients with a workforce of approximately 94,000 employees, RBC delivers a comprehensive suite of financial services through five core business segments: Personal & Commercial Banking, Wealth Management, Insurance, Investor & Treasury Services, and Capital Markets. The bank's diversified business model spans retail and commercial banking, asset and wealth management, life and property insurance, custody and treasury services, and corporate and investment banking for a global clientele that includes individuals, corporations, institutional investors, asset managers, and governments. Listed on both the NYSE and TSX under the ticker symbol RY, RBC was recognized by the Financial Stability Board as a global systemically important bank in 2017, underscoring its critical role in the international financial system.
Research reports
Ultra Stock Analysis Pro · May 30, 2026Royal Bank of Canada (RY) – ANALYST REPORT
This quantitative and fundamental report concludes that, after a roughly 54% gain and an overbought technical profile with RSI around 70 and strong ADX, investors should trim positions and move to an underweight stance, as the current price sits above the analyst consensus target with a negative implied upside and an unfavorable risk/reward ratio despite robust revenue and earnings growth.
Ultra Stock Analysis Pro · February 21, 2026Royal Bank of Canada (RY) – Comprehensive Stock Analysis ReportThis algorithm-driven technical and fundamental analysis assigns a WAIT/HOLD rating with low signal strength, citing strong long-term fundamentals but only modest upside to the analyst target, neutral‑to‑slightly bullish news sentiment, and a consolidating trend, and recommends maintaining existing positions with conservative ATR‑based stop-losses rather than adding aggressively at current levels.
Morningstar Equity Research · December 18, 2025Royal Bank of Canada: Raising Valuation After a Strong 2025 for the Capital Markets SegmentMorningstar increases its fair value estimate to C$196 per share after strong 2025 trading results in RBC’s capital markets segment but still views the stock as overvalued, arguing that trading income is above midcycle levels and should normalize, while forecasting moderate noninterest and net interest income growth and returns on equity somewhat below the bank’s medium‑term target.
Sure Dividend · September 1, 2025Royal Bank of Canada (RY) – Sure Analysis Research ReportThis dividend‑focused equity research report rates RY a Hold, projecting about 8% annual total returns over five years driven by 7% EPS growth and a roughly 3% dividend yield, noting that shares trade modestly above estimated fair value while emphasizing RBC’s diversified business mix, acquisitive growth strategy, long dividend growth record, and resilient payout ratio that has historically remained around or below 50% even through recessions.