TSE:RY
Royal Bank (RY.TO)
Financials 
Technical Analysis 
Jun 27, 2026, 12:00 amThis summary was created by AI, based on 55 opinions in the last 12 months.
Royal Bank (RY-T) has been a strong performer, with a consensus appreciation for its stability, especially in its capital markets and wealth management divisions. Experts praise the bank's robust earnings, dividends that have grown consistently, and its strategic acquisition of HSBC Canada, which is expected to enhance its global platform. However, there are concerns regarding its current high valuation relative to historical standards and the overall Canadian banking sector, leading some to suggest trimming positions. While many maintain a positive outlook on RY due to its dominance and management quality, the general sentiment reflects caution against buying at elevated prices with potential headwinds from slowing loan growth and economic pressures.
Record earnings. Raised dividend. They all did. Likes international and financial services assets. Not as bad results as people thought. Looking ahead, RY is a core holding but he owns 4 of the big 5. Max 20% of bank in portfolio and RY is 5%.
Lyle Stein
Doesn’t expect they will be one of the banks that increase their dividends this quarter. Expect this will be a modestly good quarter for domestic banking and this is one of the dominant forces in Canada. Not a compelling Buy at current levels. 4.2% dividend.
Michael Sprung
Bank stocks have a very important role, usually right around the end of September when they move significantly higher right through until the end of December. Has a lot to do with expectation for good news to be released at report time, usually around the end of December. Caution: usually in the month of August and into early September bank stocks have a tendency to go down and actually underperform. He could see this one going down to the $50 level, which would be an opportunity to accumulate.
Not crazy about banks. There is not much dividend growth in the financial sector. There is pressure on them to have more and more capital. This decreases return on capital. They have stated they intend to increase dividend twice per Year. Prefers National because they consistently beat estimates and analysts don’t like it. Investors will reward a company that increases its dividend. Royal is not her favourite.
(A Top Pick Aug 24/11. Up 5.74%.) This would probably be his 4th favourite bank now and would only be a Buy on weakness.
David Baskin
Greg NewmanMichael Sprung
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(A Top Pick Sept 14/11. Up 25.85%.) Still likes the banks as a group. Reported very strong Canadian retail banking numbers this quarter. Raised their dividends.