Key Details
Price
$119.36Last Dividend
$1.03Annual ROE
13.65%Beta
0.58Events Calendar
Next earnings date:
Feb 28, 2025Recent quarterly earnings:
Dec 04, 2024Recent annual earnings:
Dec 04, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Jan 27, 2025Next split:
N/ARecent split:
Apr 07, 2006Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
On January 9, 2025, RBC announced a partnership with Cohere, a company known for its focus on security and privacy in enterprise AI. Together, they will create a generative AI solution tailored for the financial services sector, named North for Banking. This platform will work with both RBC's and Cohere's proprietary models, aiming to enhance the secure and efficient development of AI solutions at RBC.
The Royal Bank of Canada has recently announced strong results, indicating growth compared to the previous year in many sectors. As the largest bank in Canada, it also has a significant presence in the U.S. RY is known for its consistent growth and reliable dividends.
This Analyst Blog features Raymond James Financial, ChoiceOne Financial Services, the Royal Bank of Canada, and the Canadian Imperial Bank of Commerce.
The Royal Bank of Canada (NYSE:RY) will hold its Q4 2024 Earnings Conference Call on December 4, 2024, at 8:00 AM ET. Key company participants include Asim Imran from Investor Relations, Dave McKay, the President and CEO, and Katherine Gibson, the CFO. Various analysts from different financial institutions will also join the call to discuss the bank's performance.
Royal Bank (RY) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
Aegis Capital Corp. (www.aegiscapcorp.com), a comprehensive wealth management and investment banking firm, is excited to welcome Charles Marques as a Managing Director. Based in New York, Charles brings over 20 years of experience in wealth management, having started his career with American Express Financial Advisors and later working at LPL Financial before joining Aegis Capital.
Royal Bank (RY) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price in the short term.
The Royal Bank of Canada (NYSE:RY) will participate in the Annual Scotiabank Financials Summit on September 4, 2024, at 9:35 AM ET. The company will be represented by Dave McKay, the President and CEO. Meny Grauman from Scotiabank will also be part of the conference call and welcomes Dave.
RY has reported an increase in revenue along with higher costs in the third quarter of the 2024 fiscal year.
On Wednesday, shares of the Royal Bank of Canada (RY) reached an all-time high after the bank announced earnings that exceeded analysts' expectations, driven by increased profits in its personal banking and wealth management sectors.
FAQ
- What is the primary business of Royal Bank of Canada?
- What is the ticker symbol for Royal Bank of Canada?
- Does Royal Bank of Canada pay dividends?
- What sector is Royal Bank of Canada in?
- What industry is Royal Bank of Canada in?
- What country is Royal Bank of Canada based in?
- When did Royal Bank of Canada go public?
- Is Royal Bank of Canada in the S&P 500?
- Is Royal Bank of Canada in the NASDAQ 100?
- Is Royal Bank of Canada in the Dow Jones?
- When was Royal Bank of Canada's last earnings report?
- When does Royal Bank of Canada report earnings?