Royal Bank of Canada (RY) Financials: Revenue & Earnings
RY$207.26+2.49 +1.22%
$287.39B
Market Cap
18.01
P/E
12.63
Forward P/E
47
Score
Royal Bank of Canada (RY) Financials: Revenue & Earnings
RY price $207.26 +2.49 +1.22%
- Ticker
- RY
- Price
- $207.26
- Change
- +2.49 +1.22%
- Market cap ?
- $287.39B
- P/E ?
- 18.01
- Forward P/E ?
- 12.63
- Dividend yield ?
- 2.37%
- Beta ?
- 0.91
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Stocklytics score
- 47
- Value
- 41
- Quality
- 54
- Growth
- 45
Stocklytics score rationale: value 41, quality 54, growth 45.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 45985000000 | 49886000000 | 57584000000 | 67352000000 | 61152000000 | 57680000000 | 66829000000 | 113453000000 | 134489000000 | 137357000000 |
Royal Bank of Canada (RBC), established in 1864 and headquartered in Toronto, Canada, operates as a comprehensive global financial institution. Its Personal & Commercial Banking division caters to individual clients by providing essential services like checking and savings accounts, various lending options (including mortgages, personal loans, and auto financing), private banking, investment vehicles such as mutual…
Fair value
RY fair value Not meaningful. Price $207.26.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
No estimate. Cash-flow models don't suit banks
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-12-03 | — | 2.98 | — | 13.15B |
| 2026-08-27 | 3.07 | 2.89 | 13.22B | 12.98B |
| 2026-05-28 | 2.84 | 2.81 | 12.84B | 12.74B |
| 2026-02-26 | 2.94 | 2.81 | 13.18B | 12.85B |
| 2025-12-03 | 2.76 | 2.51 | 12.28B | 11.98B |
| 2025-08-27 | 2.79 | 2.36 | 16.96B | 12.11B |
| 2025-05-29 | 2.20 | 2.25 | 15.66B | 11.85B |
| 2025-02-27 | 2.55 | 2.28 | 16.72B | 10.84B |
| 2024-12-04 | 2.25 | 2.15 | 15.06B | 10.84B |
| 2024-08-28 | 2.38 | 2.15 | 14.69B | 7.82B |
| 2024-05-30 | 2.14 | 2.11 | 10.13B | 10.28B |
| 2024-02-28 | 2.12 | 2.08 | 10.15B | 10.00B |
| 2023-11-30 | 2.00 | 1.89 | 13.25B | 9.50B |
| 2023-08-24 | 2.15 | 2.05 | 12.92B | 9.84B |
| 2023-05-25 | 1.95 | 2.07 | 12.43B | 7.09B |
| 2023-03-01 | 2.26 | 2.17 | 13.33B | 10.03B |
| 2022-11-30 | 2.09 | 2.02 | 12.54B | 8.89B |
| 2022-08-24 | 2.55 | 2.68 | 12.09B | 9.20B |
| 2022-05-26 | 3.00 | 2.70 | 10.66B | 9.14B |
| 2022-02-24 | 2.87 | 2.74 | 11.93B | 9.28B |
| 2021-12-01 | 2.71 | 2.81 | 11.56B | 9.61B |
| 2021-08-25 | 3.00 | 2.69 | 11.72B | 8.05B |
| 2021-05-27 | 2.79 | 2.46 | 11.06B | 8.05B |
| 2021-02-24 | 2.69 | 2.28 | 11.81B | 10.60B |
| 2020-12-02 | 1.72 | 1.54 | 10.18B | 9.88B |
| 2020-08-26 | 1.63 | 1.26 | 11.73B | 10.49B |
| 2020-05-27 | 0.77 | 1.13 | 10.32B | 13.87B |
| 2020-02-20 | 1.85 | 1.73 | 12.81B | 12.03B |
| 2019-12-04 | 1.68 | 1.74 | 11.19B | 11.69B |
| 2019-08-21 | 1.69 | 1.73 | 11.52B | 11.77B |
| 2019-05-23 | 1.67 | 1.63 | 11.48B | 11.38B |
| 2019-02-22 | 1.65 | 1.66 | 11.57B | 11.63B |
| 2018-11-28 | 1.71 | 1.61 | 10.66B | 10.06B |
| 2018-08-22 | 1.66 | 1.62 | 11.01B | 10.87B |
| 2018-05-24 | 1.65 | 1.62 | 10.04B | 9.85B |
| 2018-02-23 | 1.72 | 1.57 | 10.80B | 9.99B |
| 2017-11-29 | 1.54 | 1.49 | 10.46B | 10.53B |
| 2017-08-23 | 1.41 | 1.42 | 10.01B | 9.79B |
| 2017-05-25 | 1.42 | 1.33 | 9.29B | 9.82B |
| 2017-02-24 | 1.40 | 1.33 | 8.68B | 8.77B |
Dividends
Yield 2.36%. Payout ratio 41.48%. Frequency Quarterly.
Safety score 82/100 · Safe. Payout ratio is 41% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 38 separate years. Yield is 2.4%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-10-26 | $1.25 | 2026-10-26 | 2026-11-24 | Quarterly |
| 2026-07-27 | $1.25 | 2026-07-27 | 2026-08-24 | Quarterly |
| 2026-04-23 | $1.20 | 2026-04-23 | 2026-05-22 | Quarterly |
| 2026-01-26 | $1.20 | 2026-01-26 | 2026-02-24 | Quarterly |
| 2025-10-27 | $1.10 | 2025-10-27 | 2025-11-24 | Quarterly |
| 2025-07-24 | $1.13 | 2025-07-24 | 2025-08-22 | Quarterly |
| 2025-04-24 | $1.07 | 2025-04-24 | 2025-05-23 | Quarterly |
| 2025-01-27 | $1.03 | 2025-01-27 | 2025-02-24 | Quarterly |
| 2024-10-24 | $1.02 | 2024-10-24 | 2024-11-22 | Quarterly |
| 2024-07-25 | $1.03 | 2024-07-25 | 2024-08-23 | Quarterly |
| 2024-04-24 | $1.01 | 2024-04-25 | 2024-05-24 | Quarterly |
| 2024-01-24 | $1.02 | 2024-01-25 | 2024-02-23 | Quarterly |
| 2023-10-25 | $0.98 | 2023-10-26 | 2023-11-24 | Quarterly |
| 2023-07-25 | $1.02 | 2023-07-26 | 2023-08-24 | Quarterly |
| 2023-04-24 | $0.97 | 2023-04-25 | 2023-05-24 | Quarterly |
| 2023-01-25 | $0.99 | 2023-01-26 | 2023-02-24 | Quarterly |
| 2022-10-25 | $0.94 | 2022-10-26 | 2022-11-24 | Quarterly |
| 2022-07-25 | $1.00 | 2022-07-26 | 2022-08-24 | Quarterly |
| 2022-04-22 | $0.94 | 2022-04-25 | 2022-05-24 | Quarterly |
| 2022-01-25 | $0.95 | 2022-01-26 | 2022-02-24 | Quarterly |
| 2021-10-25 | $0.87 | 2021-10-26 | 2021-11-24 | Quarterly |
| 2021-07-23 | $0.86 | 2021-07-26 | 2021-08-24 | Quarterly |
| 2021-04-21 | $0.87 | 2021-04-22 | 2021-05-21 | Quarterly |
| 2021-01-25 | $0.85 | 2021-01-26 | 2021-02-24 | Quarterly |
| 2020-10-23 | $0.82 | 2020-10-26 | 2020-11-24 | Quarterly |
| 2020-07-24 | $0.81 | 2020-07-27 | 2020-08-24 | Quarterly |
| 2020-04-22 | $0.76 | 2020-04-23 | 2020-05-22 | Quarterly |
| 2020-01-24 | $0.80 | 2020-01-27 | 2020-02-24 | Quarterly |
| 2019-10-23 | $0.80 | 2019-10-24 | 2019-11-22 | Quarterly |
| 2019-07-24 | $0.78 | 2019-07-25 | 2019-08-23 | Quarterly |
| 2019-04-24 | $0.76 | 2019-04-25 | 2019-05-24 | Quarterly |
| 2019-01-23 | $0.73 | 2019-01-24 | 2019-02-22 | Quarterly |
| 2018-10-24 | $0.75 | 2018-10-25 | 2018-11-23 | Quarterly |
| 2018-07-25 | $0.72 | 2018-07-26 | 2018-08-24 | Quarterly |
| 2018-04-24 | $0.73 | 2018-04-25 | 2018-05-24 | Quarterly |
| 2018-01-24 | $0.74 | 2018-01-25 | 2018-02-23 | Quarterly |
| 2017-10-25 | $0.71 | 2017-10-26 | 2017-11-24 | Quarterly |
| 2017-07-24 | $0.70 | 2017-07-26 | 2017-08-24 | Quarterly |
| 2017-04-21 | $0.64 | 2017-04-25 | 2017-05-24 | Quarterly |
| 2017-01-24 | $0.63 | 2017-01-26 | 2017-02-24 | Quarterly |
| 2016-10-24 | $0.62 | 2016-10-26 | 2016-11-24 | Quarterly |
| 2016-07-22 | $0.61 | 2016-07-26 | 2016-08-24 | Quarterly |
| 2016-04-21 | $0.64 | 2016-04-25 | 2016-05-24 | Quarterly |
| 2016-01-22 | $0.56 | 2016-01-26 | 2016-02-24 | Quarterly |
| 2015-10-22 | $0.60 | 2015-10-26 | 2015-11-24 | Quarterly |
| 2015-07-23 | $0.59 | 2015-07-27 | 2015-08-24 | Quarterly |
| 2015-04-21 | $0.63 | 2015-04-23 | 2015-05-22 | Quarterly |
| 2015-01-22 | $0.61 | 2015-01-26 | 2015-02-24 | Quarterly |
| 2014-10-23 | $0.67 | 2014-10-27 | 2014-11-24 | Quarterly |
| 2014-07-22 | $0.66 | 2014-07-24 | 2014-08-22 | Quarterly |
| 2014-04-22 | $0.64 | 2014-04-24 | 2014-05-23 | Quarterly |
| 2014-01-23 | $0.60 | 2014-01-27 | 2014-02-24 | Quarterly |
| 2013-10-22 | $0.65 | 2013-10-24 | 2013-11-22 | Quarterly |
| 2013-07-23 | $0.61 | 2013-07-25 | 2013-08-23 | Quarterly |
| 2013-04-23 | $0.61 | 2013-04-25 | 2013-05-24 | Quarterly |
| 2013-01-22 | $0.60 | 2013-01-24 | 2013-02-22 | Quarterly |
| 2012-10-23 | $0.60 | 2012-10-25 | 2012-11-23 | Quarterly |
| 2012-07-24 | $0.56 | 2012-07-26 | 2012-08-24 | Quarterly |
| 2012-04-23 | $0.57 | 2012-04-25 | 2012-05-24 | Quarterly |
| 2012-01-24 | $0.53 | 2012-01-26 | 2012-02-24 | Quarterly |
| 2011-10-24 | $0.54 | 2011-10-26 | 2011-11-24 | Quarterly |
| 2011-07-22 | $0.57 | 2011-07-26 | 2011-08-24 | Quarterly |
| 2011-04-21 | $0.53 | 2011-04-26 | 2011-05-24 | Quarterly |
| 2011-01-24 | $0.50 | 2011-01-26 | 2011-02-24 | Quarterly |
| 2010-10-22 | $0.49 | 2010-10-26 | 2010-11-24 | Quarterly |
| 2010-07-22 | $0.48 | 2010-07-26 | 2010-08-24 | Quarterly |
| 2010-04-20 | $0.50 | 2010-04-22 | 2010-05-21 | Quarterly |
| 2010-01-22 | $0.47 | 2010-01-26 | 2010-02-24 | Quarterly |
| 2009-10-22 | $0.48 | 2009-10-26 | 2009-11-24 | Quarterly |
| 2009-07-23 | $0.46 | 2009-07-27 | 2009-08-24 | Quarterly |
| 2009-04-21 | $0.40 | 2009-04-23 | 2009-05-22 | Quarterly |
| 2009-01-22 | $0.40 | 2009-01-26 | 2009-02-24 | Quarterly |
| 2008-10-23 | $0.40 | 2008-10-27 | 2008-11-24 | Quarterly |
| 2008-07-22 | $0.50 | 2008-07-24 | 2008-08-22 | Quarterly |
| 2008-04-22 | $0.50 | 2008-04-24 | 2008-05-23 | Quarterly |
| 2008-01-22 | $0.49 | 2008-01-24 | 2008-02-22 | Quarterly |
| 2007-10-23 | $0.52 | 2007-10-25 | 2007-11-23 | Quarterly |
| 2007-07-24 | $0.44 | 2007-07-26 | 2007-08-24 | Quarterly |
| 2007-04-23 | $0.41 | 2007-04-25 | 2007-05-24 | Quarterly |
| 2007-01-23 | $0.34 | 2007-01-25 | 2007-02-23 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| No data yet. | |||||
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 1.04K, holders +47 vs prior quarter. Ownership 60.52%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| ROYAL BANK OF CANADA | 70.22M | 68.83M | +4933.74% | 14.53B |
| BANK OF MONTREAL /CAN/ | 60.57M | 59.96M | +9904.78% | 12.53B |
| VANGUARD CAPITAL MANAGEMENT LLC | 42.68M | 456.37K | +1.08% | 8.84B |
| MACKENZIE FINANCIAL CORP | 18.64M | -840.88K | -4.32% | 5.47B |
| FIL LTD | 23.49M | 1.36M | +6.16% | 4.86B |
| TD ASSET MANAGEMENT INC | 22.97M | -7.46M | -24.51% | 4.75B |
| NORGES BANK | 19.91M | 19.91M | New | 4.12B |
| CIBC WORLD MARKET INC. | 18.30M | 17.81M | +3611.85% | 3.79B |
| FMR LLC | 17.80M | 3.90M | +28.01% | 3.69B |
| 1832 ASSET MANAGEMENT L.P. | 17.04M | 530.88K | +3.22% | 3.53B |
| GEODE CAPITAL MANAGEMENT, LLC | 16.05M | 1.69M | +11.78% | 3.43B |
| NATIONAL BANK OF CANADA /FI/ | 16.36M | 173.66K | +1.07% | 3.38B |
| FEDERATION DES CAISSES DESJARDINS DU QUEBEC | 13.07M | -374.52K | -2.79% | 2.70B |
| VANGUARD FIDUCIARY TRUST CO | 12.40M | 88.83K | +0.72% | 2.57B |
| BANK OF NOVA SCOTIA | 12.31M | -450.06K | -3.53% | 2.55B |
| TD WATERHOUSE CANADA INC. | 11.64M | -238.77K | -2.01% | 2.43B |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 11.11M | -1.02M | -8.39% | 2.30B |
| CANADA PENSION PLAN INVESTMENT BOARD | 11.00M | 1.04M | +10.39% | 2.28B |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | 10.93M | 94.30K | +0.87% | 2.26B |
| VANGUARD GLOBAL ADVISERS, LLC | 10.74M | 894.92K | +9.09% | 2.22B |
| CIBC ASSET MANAGEMENT INC | 10.21M | -265.01K | -2.53% | 2.12B |
| SCOTIA CAPITAL INC. | 8.51M | -386.90K | -4.35% | 1.76B |
| LEGAL & GENERAL GROUP PLC | 7.95M | -695.03K | -8.04% | 1.65B |
| TORONTO DOMINION BANK | 7.90M | 6.87M | +670.40% | 1.63B |
| FISHER ASSET MANAGEMENT, LLC | 7.06M | 350.80K | +5.23% | 1.46B |
Earnings and financials
Royal Bank of Canada (RY) trades at $207.26, with a market cap of $287.39B and a trailing P/E of 18.01. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 45985000000 | 49886000000 | 57584000000 | 67352000000 | 61152000000 | 57680000000 | 66829000000 | 113453000000 | 134489000000 | 137357000000 |
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