TSE:RY

Royal Bank (RY.TO)

288.01
-1.11 (0.38%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
1477 watching
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Investor Insights
star iconJun 27, 2026, 12:00 am

This 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.

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Consensus
Hold
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Valuation
Overvalued
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Similar
TD,TD
TOP PICK
Around 15 X earnings. Relative to the 22 X weighted average on the TSX, it’s relatively cheap. ROE level is over 23% so is growing its book value at over 10% per annum. Yields have generally been close to 3%.
BUY
His model price is $61.94. A 14% positive differential.
HOLD
A superb Canadian domestic franchise. Have cleaned up their US expansion problems. Doing very well, particularly with their wealth management.
BUY
A good entry point right now.
BUY
His model price is substantially above their present price.
DON'T BUY
Likes it, but can only see $57-$58, so not much upside, even with the dividend. Would prefer to but around $50.
COMMENT
Of all the banks, this one has delivered better and looks like they will continue. Valuations of all the Canadian banks are the richest of all the industrialized countries.
BUY
Banks are a relatively good place to be. Earning extremely good return on equity. Capital investment market has been fairly strong. Not as interest sensitive as they used to be. Good dividend yields.
HOLD
Loan growth is starting to slow. Starting to look a little expensive on a P/E basis. Over time the dividend yield is going to rise. Over a 10-15 year period you’ll be earning a 10%-15% yield,
BUY
Earnings beat the analysts’ expectations. Firing on all cylinders. Highest price to book and highest earnings multiple of all the Canadian banks. Well run.
BUY
Big believer in the banks even though they are trading at high levels. Have been increasing their payout ratios and have strong earnings in this quarter. Also feel interest rates may be lower in the next year. You can never go wrong buying this bank.
COMMENT
Has been known for splitting their stock. Major growth strategy has been to acquire US assets. Well run bank.
BUY
One of Canada’s finest companies. Has been a tremendous performer and will continue to be. A tremendous franchise in both the bank and RBC Dominion Securities. US problems appear to be being addressed. A lot of free cash flow. Good dividend.
BUY
Banks are going to do OK. Feels rates are going to stay the same giving them leeway to raise dividends, which is the reason to own them. Royal (RY-T) and Toronto Dominion (TD-T) are the biggest retailers, so have the highest margins.
PAST TOP PICK
(A Top Pick Sept 20/05. Up 26.4%.) Still likes. Profit growth is very strong. Still a buy.
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