Royal Bank Of Canada (RY) to Post Earnings on Thursday

Royal Bank Of Canada (NYSE:RY) (TSE:RY) will likely be announcing its Q3 2026 results before the market opens on Thursday, August 27th. Analysts expect Royal Bank Of Canada to post earnings of $2.89 per share and revenue of $12.9759 billion for the quarter. Interested persons may visit the the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, August 27, 2026 at 8:30 AM ET.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last posted its earnings results on Thursday, May 28th. The financial services provider reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.81 by $0.03. Royal Bank Of Canada had a return on equity of 17.68% and a net margin of 15.92%.The firm had revenue of $12.84 billion for the quarter, compared to analyst estimates of $12.74 billion. During the same period in the previous year, the company posted $3.12 earnings per share. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. On average, analysts expect Royal Bank Of Canada to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Royal Bank Of Canada Stock Up 1.6%

NYSE:RY opened at $207.24 on Wednesday. Royal Bank Of Canada has a 1 year low of $136.10 and a 1 year high of $218.57. The stock has a 50-day moving average price of $208.79 and a two-hundred day moving average price of $187.29. The stock has a market cap of $287.36 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 1.53 and a beta of 0.80. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.10.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. First Manhattan CO. LLC. lifted its position in Royal Bank Of Canada by 1.1% during the fourth quarter. First Manhattan CO. LLC. now owns 7,363 shares of the financial services provider’s stock valued at $1,255,000 after purchasing an additional 83 shares during the last quarter. First Citizens Bank & Trust Co. increased its holdings in shares of Royal Bank Of Canada by 1.1% in the 4th quarter. First Citizens Bank & Trust Co. now owns 7,522 shares of the financial services provider’s stock worth $1,282,000 after buying an additional 83 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Royal Bank Of Canada by 2.7% in the 4th quarter. Advisors Asset Management Inc. now owns 3,957 shares of the financial services provider’s stock worth $675,000 after buying an additional 104 shares during the last quarter. Aptus Capital Advisors LLC raised its position in shares of Royal Bank Of Canada by 4.9% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,786 shares of the financial services provider’s stock valued at $475,000 after buying an additional 130 shares in the last quarter. Finally, Sumitomo Life Insurance Co. raised its position in shares of Royal Bank Of Canada by 0.9% during the 4th quarter. Sumitomo Life Insurance Co. now owns 15,132 shares of the financial services provider’s stock valued at $2,580,000 after buying an additional 131 shares in the last quarter. Institutional investors and hedge funds own 45.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on RY shares. Weiss Ratings upgraded Royal Bank Of Canada from a “buy (b+)” rating to a “buy (a-)” rating in a report on Wednesday, July 29th. Argus set a $225.00 target price on Royal Bank Of Canada in a research note on Thursday, June 11th. Raymond James Financial downgraded shares of Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 12th. Scotiabank reaffirmed an “outperform” rating on shares of Royal Bank Of Canada in a research note on Monday, June 1st. Finally, Barclays reiterated an “overweight” rating on shares of Royal Bank Of Canada in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Royal Bank Of Canada currently has a consensus rating of “Moderate Buy” and a consensus price target of $225.00.

Royal Bank Of Canada Company Profile

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.