RY - Royal Bank of Canada
After hours:
| Previous close | 92.34 |
| Open | 92.43 |
| Bid | 92.70 x 1000 |
| Ask | 93.07 x 800 |
| Day's range | 92.11 - 92.94 |
| 52-week range | 83.63 - 104.72 |
| Volume | |
| Avg. volume | 866,369 |
| Market cap | 129.009B |
| Beta (5Y monthly) | 0.74 |
| PE ratio (TTM) | 12.23 |
| EPS (TTM) | 7.59 |
| Earnings date | 24 Aug 2023 |
| Forward dividend & yield | 4.00 (4.35%) |
| Ex-dividend date | 25 Jul 2023 |
| 1y target est | 101.28 |
CNW GroupRBC Global Asset Management Inc. announces May sales results for RBC Funds, PH&N Funds and BlueBay Funds
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May mutual fund net sales of $28 million. Long-term funds had net redemptions of $446 million and money market funds had net sales of $474 million. Mutual fund assets under management decreased by 2.0 per cent.
CNW GroupRBC Royal Bank increases prime rate
RBC Royal Bank is increasing its prime rate by 25 basis points to 6.95 per cent from 6.70 per cent, effective June 8, 2023.
CNW GroupRBC Global Asset Management Inc. announces the termination of seven RBC ETFs
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the termination of seven RBC ETFs effective on or about Friday, September 15, 2023 (the "Termination Date").
CNW GroupRBC Global Asset Management Inc. announces May 2023 cash distributions for ETF Series of RBC Funds
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May 2023 cash distributions for unitholders of ETF Series of RBC Funds, as follows:
CNW GroupRBC Global Infrastructure Fund LP raises over $600 million in first closing, exceeding commitment targets
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the first closing of RBC Global Infrastructure Fund LP ("the Fund"), which raised over $600 million in commitments from over 1,800 institutional and individual Canadian investors, exceeding initial commitment targets.
CNW GroupYouthful Cities 2023 Urban Work Index ranks Toronto as top city for youth to work in Canada
Today, RBC and Youthful Cities announced the results of the 2023 Urban Work Index, providing insight into what makes a city appealing for young people to work in. Toronto, Ontario was ranked the top city for young people to work in, followed by Montreal, Quebec and Vancouver, British Columbia, in second and third place respectively.
ZacksRoyal Bank of Canada (RY) Stock Down 1% as Q2 Earnings Fall
An increase in provisions and non-interest expenses hurt Royal Bank of Canada's (RY) fiscal Q2 earnings, while higher revenues and decent loan demand offer support.
CNW GroupRBC partners with METRO's Moi rewards program to deliver more everyday value to consumers
Royal Bank of Canada (RBC) and METRO Inc. (METRO) have announced a new loyalty partnership starting with the launch of the no annual fee moi RBC Visa credit card, enabling consumers to receive exclusive value at participating METRO locations. Cardholders will earn Moi points on all purchases, including everyday spending categories such as dining, gas and EV charging, as well as access unique savings and offers from Avion Rewards and its extensive merchant partner network.
ReutersRBC, TD miss profit estimates as bad loan provisions climb; CIBC beats
Canada's two biggest lenders, Royal Bank of Canada and TD, missed analysts' estimates for quarterly earnings on Thursday as tough economic conditions spurred the banks to make higher provisions for borrowers falling behind on repayments. "We're confident that this was the right decision," TD Chief Financial Officer Kelvin Tran said in an interview. Tran said the bank, Canada's second-biggest lender, was still focused on its retail network expansion in the U.S. to accelerate organic growth.
CNW GroupRoyal Bank of Canada declares dividends
Royal Bank of Canada (TSX: RY) (NYSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of three cents or two per cent, to $1.35 per share, payable on and after August 24, 2023, to common shareholders of record at the close of business on July 26, 2023.
CNW GroupROYAL BANK OF CANADA REPORTS SECOND QUARTER 2023 RESULTS
Royal Bank of Canada11 (TSX: RY) (NYSE: RY)) today reported net income of $3.6 billion for the quarter ended April 30, 2023, down $604 million or 14% from the prior year. Diluted EPS was $2.58, down 13% over the same period. Adjusted net income7 and adjusted EPS7 of $3.8 billion and $2.65 were down 13% and 11% from the prior year, respectively.
CNW GroupRBC iShares launches RBC U.S. Discount Bond ETF and U.S. dollar units of RBC U.S. Dividend Covered Call ETF
RBC iShares today announced the expansion of its exchange traded fund ("ETF") lineup with the launch of RBC U.S. Discount Bond ETF (TSX: RUDB) (TSX: RUDB.U), RBC U.S. Discount Bond (CAD Hedged) ETF (TSX: RDBH) and USD units of RBC U.S. Dividend Covered Call ETF (TSX: RUDC.U). The new ETFs are managed by RBC Global Asset Management Inc. ("RBC GAM Inc.") and are expected to begin trading on the Toronto Stock Exchange ("TSX") today.
CNW GroupFirst Up with RBCxMusic program adds 20 emerging Canadian music artists to its roster
Today, RBC announced a new roster of talent to join First Up with RBCxMusic – a program developed to showcase and elevate emerging musicians and recording artists from across Canada. The new Featured Artists will benefit from unique performance opportunities, mentorship, funding, as well as media and promotional marketing support from RBCxMusic. The program is one example of RBC's ongoing commitment to the arts, which through the RBC Foundation and RBC Emerging Artists, has invested more than $1
CNW GroupRBC Community Junior Golf welcomes 18 new golf course sites
Today, RBC and Golf Canada are excited to welcome 18 new golf course sites to RBC Community Junior Golf, which provides affordable access to the game for underrepresented groups and socio-economically disadvantaged youth in Canada. The newly selected sites join fifteen returning courses from the 2022 inaugural season, which engaged nearly 6,000 young people in communities across Canada.
CNW GroupRBC Global Asset Management Inc. announces RBC ETF cash distributions for May 2023
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May 2023 cash distributions for unitholders of RBC ETFs, as follows:
CNW GroupRBC Global Asset Management Inc. announces April sales results for RBC Funds, PH&N Funds and BlueBay Funds
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced April mutual fund net redemptions of $833 million. Long-term funds had net redemptions of $1.1 billion and money market funds had net sales of $225 million. Mutual fund assets under management increased by 1.1 per cent.
CNW GroupRBC iShares expands its suite of RBC Target Maturity Bond ETFs
Today RBC iShares expands its exchange traded fund ("ETF") lineup with the launch of six new RBC Target Maturity Bond ETFs, which focus on providing investors with efficient and targeted access to government fixed income. The new ETFs are managed by RBC Global Asset Management Inc. ("RBC GAM Inc.") and are expected to begin trading on the Toronto Stock Exchange ("TSX") today.
CNW GroupCanadian DB pension plans generate healthy returns in Q1 2023 amid shift in market sentiment
Defined benefit (DB) pension plans in Canada continued to perform positively in the first quarter of 2023 according to the RBC Investor & Treasury Services All Plan Universe, a well-established and extensive source of data on Canadian DB pension plans. These plans generated a median return of 4.0%, building upon Q4 2022 returns of 3.8%.
CNW GroupRBC Global Asset Management Inc. announces April 2023 cash distributions for ETF Series of RBC Funds
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced April 2023 cash distributions for unitholders of ETF Series units of RBC Funds, as follows:
CNW GroupRBC Wins Best Use of AI for Customer Experience for NOMI Forecast
Royal Bank of Canada (RBC) is proud to announce that its cutting-edge capability, NOMI Forecast, has been recognized for Best Use of AI for Customer Experience at the 2023 Digital Banker Digital CX Awards.
CNW GroupRBC to announce second quarter results on May 25, 2023
Royal Bank of Canada (TSX: RY) (NYSE: RY) will release its second quarter results for 2023 on May 25, which will be made available at rbc.com/investorrelations.
CNW GroupRBC and Conquest Planning bring next-generation financial planning platform to clients and financial advisors
RBC has entered into a strategic partnership with Conquest Planning Inc., ("Conquest"), a technology platform that is transforming financial planning by providing customized and convenient advice through enhanced digital capabilities and delivery of financial planning services to Canadians.
CNW GroupHome advantage: RBC launches Canada's newest savings and investing account for prospective home buyers
RBC has launched Canada's new First Home Savings Account (FHSA), to help Canadians save tax free for their first home.
CNW GroupRBC Global Asset Management Inc. announces RBC ETF cash distributions for April 2023
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced April 2023 cash distributions for unitholders of RBC ETFs, as follows:
CNW GroupRBC Global Asset Management Inc. announces changes to RBC ETFs and the maturity date of RBC Target 2023 Corporate Bond Index ETF
RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced changes to several RBC ETFs in its suite of RBC Target Maturity Corporate Bond Index ETFs ("RBC TMCBs"), including management fee reductions and changes to their maturity dates. In addition, RBC GAM Inc. also announced a change to the unitholder right to redeem for cash for all RBC ETFs and ETF Series of RBC Funds.