RY : Royal Bank of Canada Stock Profile
Qayyum Rajan is a CFA Charterholder who has previously worked at CIBC, RBC Dominion Securities and Sentry Investments before creating his own fintech ventures.He has been a financial advisor, analyst and portfolio manager who is passionate about helping people reach their financial goals.Qayyum is the owner of Wealth Awesome where he writes financial content and creates tools for over 20,000 Canadian investors.
Expertises: finance, investment, stocks
Overview
Royal Bank of Canada operates as a diversified financial service company worldwide. The company’s Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional 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, home, auto, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital platforms; and independent brokers and partners. 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.
RY.TO Stock Price and Key Stats
RY Stock Key Stats
Exchange: TSX
Market Cap : $236115.804MM
PE Ratio: 14.786
Price: (Updated: )
Royal Bank of Canada (RY) vs Competitors in Banks – Diversified
Lets see how RY.TO stacks up against others in the Banks – Diversified asset management industry. We have identified its main peers as:Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, The Toronto-Dominion Bank, Toronto Dominion Bank
.Banks – Diversified Industry Comparisons
Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
---|---|---|---|---|
Bank of Montreal (BMO) | $87,828.619 | 13.856 | 0.0 | 5.2% |
The Bank of Nova Scotia (BNS) | $88,420.319 | 12.515 | 0.0 | 5.9% |
Canadian Imperial Bank of Commerce (CM) | $79,028.085 | 12.103 | 0.0 | 4.3% |
Royal Bank of Canada (RY) | $236,115.804 | 14.786 | 0.0 | 3.4% |
The Toronto-Dominion Bank (TD) | $152,626.627 | 20.213 | 0.0 | 4.7% |
Comparisons within Banks – Diversified
- Royal Bank of Canada (RY) vs Bank of Montreal (BMO)
- RY has higher EPS (11.29 vs 8.69). BMO has higher dividend yield (5.2% vs 3.4%). RY has a higher P/E ratio (14.786 vs 13.856) indicating it’s more expensive.
- Royal Bank of Canada (RY) vs The Bank of Nova Scotia (BNS)
- RY has higher EPS (11.29 vs 5.71). BNS has higher dividend yield (5.9% vs 3.4%). RY has a higher P/E ratio (14.786 vs 12.515) indicating it’s more expensive.
- Royal Bank of Canada (RY) vs Canadian Imperial Bank of Commerce (CM)
- RY has higher EPS (11.29 vs 6.91). CM has higher dividend yield (4.3% vs 3.4%). RY has a higher P/E ratio (14.786 vs 12.103) indicating it’s more expensive.
- Royal Bank of Canada (RY) vs The Toronto-Dominion Bank (TD)
- RY has higher EPS (11.29 vs 4.32). TD has higher dividend yield (4.7% vs 3.4%). TD has a higher P/E ratio (20.213 vs 14.786) indicating it’s more expensive.
- Royal Bank of Canada (RY) vs Toronto Dominion Bank (TD)
- RY has higher EPS (11.29 vs 4.32). TD has higher dividend yield (4.7% vs 3.4%). TD has a higher P/E ratio (20.213 vs 14.786) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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