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TSE:RY

Royal Bank (RY.TO)

293.98
-2.28 (0.77%)
as of Aug 19, 2026, 1:53:51 pm Market Open.
1478 watching
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Investor Insights
star iconAug 19, 2026, 12:00 am

This summary was created by AI, based on 57 opinions in the last 12 months.

Royal Bank of Canada (RY) stands out as a premier financial institution and is often regarded as the top choice among Canadian banks. Analysts praise its robust capital markets and wealth management divisions, which continue to thrive amidst a generally positive outlook for the Canadian economy. The bank's recent performance showcases substantial earnings growth, driven by favorable regulatory conditions and reduced loan loss provisions. However, a consensus emerges regarding the stock's high valuation relative to historical averages, prompting some experts to recommend caution in new investments. Despite these valuation concerns, many experts affirm RY's stability and strong dividend growth potential, indicating it remains a solid long-term hold for investors.

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Consensus
Buy
valuation icon
Valuation
Overvalued
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Similar
BMO
COMMENT
Canadian banks will make a lot of money on their underwriting. This one has a little bit too much exposure in the US for him. Expecting a reasonably good quarter. Pretty much fully priced. If you own Hold but if not, every portfolio should have a Canadian bank.
BUY ON WEAKNESS
He is under weighted the financials because Canadian banks that are US exposed might be exposed to more bad debt than is thought. If the price gets close to $40 you can buy but don't go roaring after them.
HOLD
Canadian banks have been managing through the cycle considerably better than other global banks. This is the premier, highest-quality bank in Canada. He views Canadian banks as having run too far, too fast and he doesn't find great value in them right now. For a longer-term time horizon you should continue to Hold. Dividends are safe.
PARTIAL SELL
Would take some profits but would keep a little bit in the case of a rebound. Wait for a pullback before buying. If they have bad earnings numbers that would be an opportune time to get in. Good tangible common equity ratio.
PARTIAL SELL
Canadian banks were a screaming buy back in early March when they had yields of 6% plus. They are now up 40%-50%. If you own, consider taking some profits.
DON'T BUY
(Market Call Minute.) This would not be his first choice. There are a couple of others that would have a better valuation.
TOP PICK
Dividend yield of 4% plus. A year from now, the economy is going to be better and we won't be talking about housing prices and loan losses. Earnings are going to start growing. This bank’s wholesale business doesn't get enough credit. Very good upside in the next couple of years.
DON'T BUY
A number of things that have driven earnings gains in the past are probably not there going forward. Banks became very over owned and never will likely be a multiple contraction going forward. He has very limited holdings in financials.
HOLD
His 2 picks in Canadian banks would be Bank of Nova Scotia (BNS-T) and Royal Bank (RY-T). The issue he has with them is that the charts show them right up against the long-term trend. Things are not getting a lot better out there and he doesn't know how they are going to make a lot of money. Will probably be a sideways trade for some time. 4.3% yield.
SELL
Would consider taking profits as the banks have gone up on declining volume. Charts of Canadian banks shows volumes were highest at the bottom of the stocks. As the stocks have been going up, the volumes have been going down. Also big US exposure and commercial loan exposure is there. Credit card debt could be a problem.
BUY ON WEAKNESS
With the latest run he sold part of his holdings. Best in class company but would wait for a 10% drop.
BUY
(Market Call Minute.) One of his 3 favourite banks. The other 2 are Toronto Dominion (TD-T) and Bank of Nova Scotia (BNS-T).
HOLD
Long-term this one is definitely a hold. Has been very well managed and diversified. Will be a winner in the long-term.
BUY ON WEAKNESS
(Market Call Minute.) Thinks the banks are going to trade in a trading range so would wait for a pullback closer to $40.
BUY ON WEAKNESS
Expects it will pull back with the market.
Showing 916 to 930 of 1,621 entries