Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) issued its quarterly earnings results on Thursday. The financial services provider reported C$4.08 earnings per share for the quarter, FiscalAI reports. Royal Bank of Canada had a return on equity of 13.27% and a net margin of 28.23%.The firm had revenue of C$17.96 billion during the quarter.
Royal Bank of Canada Price Performance
Shares of TSE:RY opened at C$232.14 on Friday. The firm has a market capitalization of C$325.05 billion, a price-to-earnings ratio of 16.50, a price-to-earnings-growth ratio of 3.42 and a beta of 1.28. The business’s 50 day simple moving average is C$233.30 and its 200-day simple moving average is C$215.33. Royal Bank of Canada has a 12 month low of C$151.25 and a 12 month high of C$240.34.
Insider Transactions at Royal Bank of Canada
In other Royal Bank of Canada news, Director David Ian Mckay sold 91,288 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of C$228.75, for a total transaction of C$20,882,130.00. Following the sale, the director directly owned 5,873 shares in the company, valued at approximately C$1,343,448.75. The trade was a 93.96% decrease in their ownership of the stock.
Key Royal Bank of Canada News
- Positive Sentiment: Q1 results beat consensus — RBC reported C$4.08 EPS and C$17.96B revenue, delivering both earnings and revenue surprises (EPS +4.6%, revenue +7.0%). The quarter showed strength across personal banking, wealth management and capital markets, supporting near-term earnings momentum. Royal Bank (RY) Beats Q1 Earnings and Revenue Estimates
- Positive Sentiment: Record profit and capital actions — Management reported record first-quarter profit and signaled strengthened capital returns (dividend/buyback capacity highlighted in company release), which tends to support shareholder sentiment. ROYAL BANK OF CANADA REPORTS FIRST QUARTER 2026 RESULTS
- Positive Sentiment: Macro resilience aiding results — Coverage notes Canadian banks, including RBC, beat estimates as the economy has so far absorbed tariff pressures, giving confidence in loan and fee growth near term. RBC, other big Canadian banks beat profit estimates as economy resists tariff impact
- Neutral Sentiment: Strategic push into defense and energy project financing — RBC is seeking to finance new defense and energy projects in Canada, a potential new revenue stream but with execution/timing and sector-specific risks that make near-term impact uncertain. RBC Seeks to Bet on New Defense, Energy Projects in Canada
- Negative Sentiment: Higher credit-loss provision — Results were produced despite an elevated credit-loss provision, which could pressure future margins if provisioning stays high or credit trends worsen. Investors will watch loan-loss trends closely. Royal Bank of Canada Earnings Lifted by Wealth Management
Wall Street Analysts Forecast Growth
A number of brokerages have commented on RY. Raymond James Financial upped their price objective on shares of Royal Bank of Canada from C$239.00 to C$248.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. TD Securities boosted their price target on shares of Royal Bank of Canada from C$246.00 to C$260.00 in a research note on Monday, February 9th. Canaccord Genuity Group raised their price objective on shares of Royal Bank of Canada from C$242.00 to C$255.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Desjardins lifted their price objective on Royal Bank of Canada from C$240.00 to C$247.00 and gave the company a “buy” rating in a report on Monday, February 9th. Finally, Barclays increased their target price on Royal Bank of Canada from C$227.00 to C$244.00 in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Royal Bank of Canada presently has an average rating of “Moderate Buy” and a consensus target price of C$238.31.
View Our Latest Stock Report on RY
About Royal Bank of Canada
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
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