Headquartered in Toronto, ON Fiscal year ends October NYSE: RY rbc.com
Royal Bank of Canada is a global financial institution and the largest bank in Canada by market capitalization. It operates a diversified business model across five reportable segments: Personal Banking, Commercial Banking, Wealth Management, Insurance, and Capital Markets. The bank serves more than 19 million clients in Canada, the U.S., and 27 other countries through approximately 1,249 branches and 4,097 ATMs, supported by over 101,000 employees. Its Wealth Management operations span Canadian Wealth Management, U.S. Wealth Management (including City National Bank), Global Asset Management, International Wealth Management, and Investor Services, with assets under management of C$1.7 trillion and assets under administration of C$6.2 trillion. The Capital Markets division provides corporate and investment banking, global markets trading, and advisory services across multiple regions. RBC also offers personal and commercial banking, insurance products including life, health, and annuity offerings, and payment solutions. The bank completed its acquisition of HSBC Bank Canada in fiscal 2024 and announced the pending sale of its 50% stake in Moneris Solutions Corporation, a payments processor, in August 2026. Updated
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A report from analyst K. R. Choquette of Credit Suisse noted on Wednesday that the Canadian banks managed to show a slight earnings beat in the first quarter.
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courtesy of DellOK, so the buyout of Dell Inc. (NASDAQ: DELL) may not be as much hype as the market was originally thinking. Buying a company for more than $20 billion is no…
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Royal Bank of Canada is a global financial institution and the largest bank in Canada by market capitalization. It operates a diversified business model across five reportable segments: Personal Banking, Commercial Banking, Wealth Management, Insurance, and Capital Markets.
24/7 Wall St.'s 12-month price target for RY is $216.81, rated Buy. The Wall Street consensus target is $207.83. RY price prediction →
