RY.TO
Royal Bank of Canada
TorontoCADEQUITY
Financial Services
DELAYED
Last price
282.37
▼ 0.96 (0.34%)
MARKET · —
Price
Open
283.70
Prev close
283.33
Day high
285.75
Day low
281.75
Volume
2.51M
Market cap
$392.40B
P/E (TTM)
18.29
52W range
188.54 – 306.38
Trailing performance
Returnvs SPY
1W
-6.10%
-4.7%
1M
-5.23%
-9.0%
3M
+7.79%
+4.7%
6M
+19.65%
+8.6%
YTD
+20.68%
+8.4%
1Y
+49.13%
+29.1%
3Y
+130.52%
+56.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$392.40B
Enterprise value$92.49B
Revenue (TTM)$65.72B
Gross profit$65.72B
EBITDA—
Net income$21.60B
EPS (TTM)$15.44
Free cash flow—
Total cash$794.21B
Total debt$483.08B
Book value / share$93.28
Shares outstanding1.39B
Float1.39B
Short % of float—
Dividend yield2.49%
Beta (5Y)0.93
Valuation & profitability ratios
Trailing P/E18.29
Forward P/E15.99
PEG ratio2.39
Price / sales—
Price / book3.03
EV / revenue1.41
EV / EBITDA—
Gross margin0.00%
Operating margin45.29%
Profit margin33.69%
Return on equity16.20%
Return on assets0.95%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $66.61B | $57.34B | $56.13B | $48.98B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $19.87B | $15.91B | $14.62B | $15.55B |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $19.87B | $15.91B | $14.62B | $15.55B |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Apr 2026 | 3.79 | 3.90 | +2.9% |
| Jan 2026 | 3.84 | 4.08 | +6.2% |
| Oct 2025 | 3.55 | 3.85 | +8.4% |
| Jul 2025 | 3.29 | 3.84 | +16.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 4.08 | 11 | $18.19B | +7.1% |
| Next quarter | 4.09 | 8 | $18.29B | +6.3% |
| Current year | 16.14 | 12 | $71.71B | +7.7% |
| Next year | 17.66 | 12 | $75.07B | +4.7% |
Analyst targets & ownership
Mean target$294.38
High target$320.00
Low target$235.00
Implied upside4.25%
Analyst count13
ConsensusBUY
Strong buy / Buy4 / 5
Hold4
Sell / Strong sell1 / 0
Held by insiders0.03%
Held by institutions49.68%
Institutions holding1.45K
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
389.14K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 31, 26 | Royal Bank of Canada Issuer |
BUY | 211 | $43.82K | Direct |
| Jul 31, 26 | Royal Bank of Canada Issuer |
— | 211 | — | Direct |
| Jul 31, 26 | Royal Bank of Canada Issuer |
BUY | 140 | $29.09K | Direct |
| Jul 31, 26 | Royal Bank of Canada Issuer |
— | 140 | — | Direct |
| Jul 31, 26 | Royal Bank of Canada Issuer |
BUY | 153 | $32.23K | Direct |
| Jul 31, 26 | Royal Bank of Canada Issuer |
BUY | 1 | $210 | Direct |
| Jul 31, 26 | Royal Bank of Canada Issuer |
— | 154 | — | Direct |
| Jul 31, 26 | Royal Bank of Canada Issuer |
BUY | 102 | $21.47K | Direct |
| Jul 31, 26 | Royal Bank of Canada Issuer |
— | 102 | — | Direct |
| Jul 22, 26 | Gibson (Katherine) Senior Officer of Issuer |
EXERCISE | 462 | $29.36K | Direct |
| Jul 22, 26 | Gibson (Katherine) Senior Officer of Issuer |
SELL | 462 | $96.70K | Direct |
| Jul 22, 26 | Hepworth (Graeme Ashley) Senior Officer of Issuer |
EXERCISE | 1.46K | $92.97K | Direct |
| Jul 22, 26 | Hepworth (Graeme Ashley) Senior Officer of Issuer |
SELL | 1.46K | $306.23K | Direct |
| Jul 22, 26 | McKay (David Ian) Director of Issuer |
EXERCISE | 23.09K | $1.47M | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Bibic, Mirko |
Director of Issuer | — | Acquisition or disposition in the public market |
Chisholm (Andrew Allen) |
Director of Issuer | 4.42K | Stock dividend |
Daruvala (Toos Noshir) |
Director of Issuer | 12.51K | Stock dividend |
Devine (Cynthia Jane) |
Director of Issuer | 13.86K | Stock dividend |
Hepworth (Graeme Ashley) |
Senior Officer of Issuer | 1.46K | Exercise of options |
Jamieson (Roberta L.) |
Director of Issuer | 10.40K | Stock dividend |
McKay (David Ian) |
Director of Issuer | 28.96K | Exercise of options |
McLaughlin (Neil) |
Senior Officer of Issuer | 4.00K | Exercise of options |
Norton (Amanda G) |
Director of Issuer | 1.58K | Stock dividend |
Ross (Bruce Washington) |
Senior Officer of Issuer | 3.89K | Exercise of options |
Moving averages & technicals
SMA 10
293.39
-3.76% from price
SMA 20
294.16
-4.01% from price
SMA 50
292.63
-3.51% from price
SMA 100
270.88
+4.24% from price
SMA 200
248.26
+13.74% from price
EMA 12
291.87
-3.26% from price
EMA 26
292.90
-3.60% from price
EMA 50
288.10
-1.99% from price
RSI (14)
35.2
Neutral
MACD (12,26,9)
-1.03
Hist -1.94
ATR (14)
4.74
1.68% of price
Realised vol 30D
18.9%
Annualised
Bollinger upper
304.04
20, 2σ
Bollinger lower
284.27
20, 2σ
50 / 200 cross
Golden
292.63 vs 248.26
Trend bias
Above 200
+13.74%
Risk profile
Beta vs SPY
0.31
Less volatile than market
Correlation to SPY
0.26
Largely independent
Realised vol 30D
18.9%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-8.3%
Peak to trough
Max drawdown 5Y
-27.3%
Peak to trough
ATR 14
4.74
1.68% of price
Beta (reported)
0.93
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.