TSE:RY

Royal Bank (RY.TO)

283.28
-1.79 (0.63%)
as of Sep 29, 2026, 8:00:00 pm Market Open.
1480 watching
0
COMMENT
Have had particular issues in their US operations, which has helped weaken stock prices. They've now shed most of that but caused a drag on their Canadian operations side. Not expensive, but he would rather be in other banks.
COMMENT
Convertible preferred? He would be kind of negative on preferreds. This bank is “best in class” along with Toronto dominion (TD-T). Got out of the US retail and are now focusing on wealth management. Not a bad time for purchase of the common shares.
BUY
Generally hasn’t owned or liked Canadian banks, but with the recent pullback, they are starting to represent interesting values here. (He recently bought TD (TD-T).) This one has not had the success in the US like the TD has. With 4% dividend yield, it represents pretty interesting value.
BUY
Has been the laggard in the banking sector because of lack of US exposure. They are abandoning the US market. Has a cloud over it from the perspective of global investment banking. Probably not a bad idea to buy the one that has under performed.
PAST TOP PICK
(A Top Pick July 26/10. Up 0.17%.) Brought along with a lot of financial stocks. Sold off its US retail business, which is good. Yields about 4.2%. Still a Buy.
HOLD
Looking to buy asset managers. This has become quite a profit centre for some of the banks but it also has its volatile aspects. There is a lot of competition in this area. Prefers a domestic business instead, like Toronto Dominion (TD-T) has.
DON'T BUY
Last quarter was a big mess relative to all the other banks, which were basically in line. Relied very heavily on wholesale banking and trading. All volumes were very low, so she doesn't expect it to do well this quarter either. Not an exciting strategy.
DON'T BUY
Banks are generally not acting that well here. This one made a big mistake moving into the US. Their timing was exceedingly poor and where they bought was not very good. It has cost them a lot and has hurt their balance sheet.
COMMENT
Canadian banks have come under a little bit of pressure lately. Have been a safe place to be in the last year or so. Earnings growth is clearly slowing down. Safe and a decent dividend but the earnings are not going to grow. He is probably half of his normal weighting in banks.
PAST TOP PICK
(A Top Pick July 6/10. Up 7.3%.)
DON'T BUY
Don’t worry about the lawsuit in the news recently. They have had some difficulty in the US. They have a spectacular Canadian business. We don’t know where they are going to invest their cash flow in the business now that they aren’t investing in the US.
PAST TOP PICK
(Top Pick Sep 9/10, Up 5.30% Total Return) All the banks have sagged except TD. Increased dividend 8% as with some of the others. He is solidly with the banks. Still adding for new clients.
STRONG BUY
At this price, it's a great buy. He is continuing to add it to new accounts.
BUY
Following the trend of the capital markets, which has not been that robust. In any 5 year rolling time, it will return some pretty good dividends and will perform very well.
PAST TOP PICK
(A Top Pick Jan 19/11. Up 0.55%.) Still likes.
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