RY : Royal Bank of Canada Stock Profile

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Royal Bank of Canada trades with the ticker RY on the TSX and is in the Banks – Diversified industry.
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%
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses Industry: companies that have a lot in common Market Cap: Market Capitalization – the total value of all a corporation’s stock N/A: Not Applicable or Not Available P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share Price: Stock Price – current value to buyers and sellers Dividend Yield: Dividend or Distribution Yield  

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.
 

How to Buy RY stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:
 
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