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Royal Bank Of Canada (RY)

(Delayed Data from NYSE)

$96.90 USD

96.90
675,645

+0.12 (0.12%)

Updated Apr 18, 2024 04:00 PM ET

After-Market: $96.88 -0.02 (-0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value C Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 35% (89 out of 251)

Industry: Banks - Foreign

Better trading starts here.

Zacks News

UBS Group (UBS) to Swap Stake in CS Securities in China

UBS Group (UBS) is seeking to swap its holding in Credit Suisse Securities in order to gain the complete ownership of its joint venture UBS Securities in China.

HSBC to Divest Argentina Business Under Asia Pivot Strategy

HSBC to divest its Argentina business in order to sharpen its focus on Asia. The deal, valued at $550 million, is expected to be completed within the next 12 months.

DNBBY vs. RY: Which Stock Should Value Investors Buy Now?

DNBBY vs. RY: Which Stock Is the Better Value Option?

HSBC Explores Selling Few German Business Units Amid Asia Focus

HSBC considers selling its wealth-management, custody and fund administration units in Germany in an effort to focus more on Asia operations.

Prosperity Bancshares (PB) Completes Lone Star Acquisition

Prosperity Bancshares (PB) announces the completion of its merger with Lone Star. The merger will enhance its West Texas footprint to 49 banking centers.

HSBC Closes Sale of Canada Business to Royal Bank of Canada

HSBC completes the sale of its retail banking business in Canada. The deal will lead to a gain on sale of $4.9 billion in the first quarter of 2024. The company also plans to announce a special dividend.

BAP or RY: Which Is the Better Value Stock Right Now?

BAP vs. RY: Which Stock Is the Better Value Option?

Toronto-Dominion (TD) Q1 Earnings Decline as Expenses Rise Y/Y

Toronto-Dominion (TD) records a rise in provisions and adjusted expenses in the first quarter of fiscal 2024.

Canadian Imperial (CM) Stock Up 2.2% Despite Q1 Earnings Fall

A surge in provisions and a fall in loan balance hurt Canadian Imperial's (CM) fiscal Q1 earnings, while higher revenues and a decrease in expenses offer some support.

Bank of Nova Scotia (BNS) Q1 Earnings Decline Y/Y, Revenues Up

Elevated expenses, higher provisions for credit losses and a lower loan balance affected Bank of Nova Scotia's (BNS) fiscal Q1 2024 results. Nonetheless, a rise in revenues offered some support.

Royal Bank of Canada (RY) Q1 Earnings Fall on Higher Provisions

Substantial rise in provisions and higher non-interest expenses hurt Royal Bank of Canada's (RY) fiscal Q1 earnings, while an increase in revenues offers some support.

Royal Bank (RY) Beats Q1 Earnings Estimates

Royal Bank (RY) delivered earnings and revenue surprises of 2.43% and 1.21%, respectively, for the quarter ended January 2024. Do the numbers hold clues to what lies ahead for the stock?

Should You Buy Royal Bank Of Canada (RY) Ahead of Earnings?

Royal Bank Of Canada (RY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Will Royal Bank (RY) Beat Estimates Again in Its Next Earnings Report?

Royal Bank (RY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Canadian Imperial Bank (CM) Expected to Beat Earnings Estimates: Should You Buy?

Canadian Imperial Bank (CM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Royal Bank (RY) Q1 Earnings Expected to Decline

Royal Bank (RY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BAP vs. RY: Which Stock Is the Better Value Option?

BAP vs. RY: Which Stock Is the Better Value Option?

HSBC Holdings (HSBC) to Sell Armenian Unit to Ardshinbank

HSBC Holdings (HSBC) signs a deal to divest its Armenian unit to Ardishinbank. This is part of the former's strategic review, under which the bank plans to bolster its Asia presence.

Why Royal Bank (RY) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Royal Bank (RY) have what it takes? Let's find out.

HSBC Wraps Up Sale of France-Based Retail Banking Business

HSBC completes the divestiture of its French retail banking business. The company will continue to provide wealth and private banking businesses in the country.

Is FlexShares International Quality Dividend ETF (IQDF) a Strong ETF Right Now?

Smart Beta ETF report for IQDF

HSBC's Deal to Divest Canadian Business Gets Conditional Nod

HSBC's proposed divestiture of the Canadian business to Royal Bank of Canada (RY) receives final approval.

HSBC to Further Engage in Mergers, Disposals for Asia Expansion

HSBC is looking for mergers, along with the disposal of unprofitable units in Asia, as part of its plan to expand its footprint in the region and serve its wealthy clients.

Royal Bank of Canada (RY) Stock Gains as Q4 Earnings Rise Y/Y

Royal Bank of Canada (RY) records a rise in revenues and expenses in the fourth quarter of fiscal 2023 (ended Oct 31).