Royal Bank of Canada

RY

CA7800871021

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.

Sector

Banks

Calendar

03:30pm - Q2 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Royal Bank of Canada

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

141 CAD

Average target price

145.7 CAD

Spread / Average Target

+3.39%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Banks

Delayed Toronto S.E. Other stock markets 10:44:28 30/05/2024 pm IST			5-day change	1st Jan Change
147.8 ^CAD	+4.83%		+2.86%	+10.28%

06:15pm	Toronto Stocks Rally; Royal Bank of Canada Climbs on 2Q Profit Rise	DJ
04:24pm	RBC Up 4.1% As Beats Q2 Estimates, Raises Quarterly Dividend by 3%; Rating, Price Target Left Unchanged at National Bank	MT

Toronto Stocks Rally; Royal Bank of Canada Climbs on 2Q Profit Rise	09:45pm	DJ
RBC Up 4.1% As Beats Q2 Estimates, Raises Quarterly Dividend by 3%; Rating, Price Target Left Unchanged at National Bank	07:54pm	MT
Sector Update: Financial Stocks Gain Pre-Bell Thursday	06:20pm	MT
Transcript : Royal Bank of Canada, Q2 2024 Earnings Call, May 30, 2024	06:00pm
Sector Update: Financial	05:56pm	MT
Royal Bank of Canada to Buy Back Up To 30 Million Shares	05:27pm	MT
Bond Yields Cramp Wall Street Pre-Bell; Asia Off, Europe Up	04:45pm	MT
Royal Bank Boosts Dividend 2.9%	04:36pm	DJ
Royal Bank Seeks to Buy Back Up to 2.1% of Outstanding Shares	04:30pm	DJ
Royal Bank of Canada Beats Q2 Estimates, Raises Quarterly Dividend by 3%	04:26pm	MT
Royal Bank Of Canada Quarterly Earnings Buoyed by Capital Markets Revenue, Offsetting Rise in Credit-Loss Provisions	04:20pm	DJ
Royal Bank of Canada's Fiscal Q2 Adjusted Earnings, Revenue Rises	04:05pm	MT
RBC Brief: Declared a quarterly dividend of $1.42 per share reflecting an increase of $0.04 or 3%	03:58pm	MT
North American Morning Briefing : Equity Futures Struggle as Bond Yields Hold Highs	03:50pm	DJ
Royal Bank of Canada's profit rises on strength in domestic lending business	03:44pm	RE
RBC Brief: Total PCL increased $320 million from a year ago; PCL on loans ratio of 41 bps increased 11 bps from the prior year	03:43pm	MT
RBC Brief: Inclusion of HSBC Canada results12 decreased net income by $51 million, reflecting $200 million ($145 million after-tax) of initial PCL on purchased performing financial assets	03:43pm	MT
RBC Brief: Says Record earnings in Capital Markets as well as higher results in Personal & Commercial Banking, Wealth Management and Insurance were partially offset by lower results in Corporate Support	03:42pm	MT
RBC Brief: Reported net income of $4.0 billion for the quarter ended April 30, 2024, up $270 million or 7% from the prior year; Diluted EPS was $2.74, up 5% over the same period	03:40pm	MT
RBC Brief: Q2 Adjusted net income and adjusted diluted EPS of $4.2 billion and $2.92 were up 11% and 9%, respectively, from the prior year	03:31pm	MT
Royal Bank of Canada Declares Quarterly Common Share Dividend, Payable on and After August 23, 2024	03:31pm	CI
TSX Closer: Market Closes Down 1.6% Amid Concerns Stubborn U.S. Inflation Numbers Wil Keep Interest Rates High	30/05	MT
RBC Launches Truth and Reconciliation Office Under the RBC Origins Banner	28/05	MT
Royal Bank of Canada Launches New Truth and Reconciliation Office	28/05	CI
TSX Closer: Canadian Market Closes Strong On U.S. Market Holiday	28/05	MT

Royal Bank of Canada

Equities

RY