SeekingAlpha · Aug 27, 2026
Royal Bank of Canada (RY:CA) Q3 2026 Earnings Call Transcript
Royal Bank of Canada (RY:CA) Q3 2026 Earnings Call August 27, 2026 8:30 AM EDTCompany ParticipantsAsim Imran - Senior VP & Head of Investor...
RY
NYSE · RY
Royal Bank of Canada
Financial Services · Banks - Diversified
$204.54
Down-$2.67 (-1.29%)
Updated Aug 28, 2026, 8:59 AM
SID Score
7.6/10
Composite research score
Smart Money
64/100
Neutral
- Market cap
- 234.67B
- P/E ratio
- 15.86
- Dividend yield
- 2.68%
- 52-week range
- $136.10 – $218.57
- Volume
- 1.73M
- Avg. volume
- 1.11M
Price performance
RY price history
1M range · 21 trading sessions · Daily adjusted prices
RY closed at $204.54 after 21 trading sessions, down 2.66% for the selected period.
- Last close
- $204.54
- Period change
- -2.66%
- Period low
- $204.02
- Period high
- $216.56
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 27, 2026 | $206.82 | $207.71 | $201.795 | $204.54 | 1.73M |
| Aug 26, 2026 | $206.95 | $208.50 | $206.375 | $207.21 | 1.33M |
| Aug 25, 2026 | $204.495 | $207.67 | $203.51 | $207.09 | 1.78M |
| Aug 24, 2026 | $203.35 | $205.945 | $200.855 | $204.02 | 1.79M |
| Aug 21, 2026 | $206.27 | $207.80 | $204.58 | $205.23 | 1.54M |
| Aug 20, 2026 | $206.46 | $207.65 | $204.08 | $205.21 | 1.04M |
| Aug 19, 2026 | $214.48 | $214.55 | $207.22 | $207.62 | 2.68M |
| Aug 18, 2026 | $216.03 | $216.07 | $210.86 | $212.99 | 976.7K |
| Aug 17, 2026 | $216.54 | $218.11 | $216.09 | $216.19 | 586.41K |
| Aug 14, 2026 | $215.63 | $216.695 | $215.03 | $216.56 | 1.19M |
| Aug 13, 2026 | $213.54 | $215.705 | $213.54 | $215.00 | 1.84M |
| Aug 12, 2026 | $210.94 | $213.535 | $210.28 | $213.48 | 1.72M |
| Aug 11, 2026 | $211.66 | $213.00 | $210.26 | $210.26 | 1.26M |
| Aug 10, 2026 | $210.42 | $213.11 | $210.42 | $210.79 | 678.52K |
| Aug 7, 2026 | $212.19 | $212.68 | $209.93 | $211.08 | 691.27K |
| Aug 6, 2026 | $211.92 | $212.65 | $210.05 | $211.45 | 1.67M |
| Aug 5, 2026 | $208.49 | $212.30 | $208.025 | $211.27 | 944.91K |
| Aug 4, 2026 | $210.71 | $210.90 | $208.52 | $208.54 | 1.6M |
| Aug 3, 2026 | $210.54 | $210.93 | $208.91 | $210.47 | 941.4K |
| Jul 31, 2026 | $210.34 | $211.15 | $209.17 | $209.51 | 1.43M |
| Jul 30, 2026 | $208.58 | $210.705 | $208.19 | $210.12 | 899.31K |
Latest RY news
The latest Smart Investors Daily articles mentioning RY.
Stock researchCompany · Overview
RY research
Overview
Company profile and research snapshot.
Company profile
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.2 trillion in assets. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $124.85
- Implied upside
- —
- Analysts
- 11
| Date | Firm | Rating | Target |
|---|---|---|---|
| Jul 9, 2026 | ARGUS RESEARCH CORPORATION | Buy | — |
| Jul 6, 2026 | CANACCORD GENUITY | Buy | — |
| Jun 18, 2026 | CIBC CAPITAL MARKETS | Neutral | — |
| Jun 17, 2026 | SCOTIABANK GBM | Outperform | — |
| Jun 2, 2026 | JEFFERIES | Hold | — |
News briefing
No generated briefing is available yet.
SeekingAlpha · Aug 27, 2026
Royal Bank of Canada 2026 Q3 - Results - Earnings Call Presentation
2026-08-27. The following slide deck was published by Royal Bank of Canada in conjunction with their 2026 Q3 earnings call.
Benzinga · Aug 27, 2026
CORRECTION: Royal Bank of Canada Q3 Adj. EPS $3.07 Beats $2.89 Estimate, Sales $13.282B Beat $12.900B Estimate
Royal Bank of Canada (NYSE:RY) reported quarterly earnings of $3.07 per share which beat the analyst consensus estimate of $2.89 by 6.23 percent. This is a 10.04 percent increase over earnings of $2.79 per share from
SeekingAlpha · Aug 13, 2026
Royal Bank Vs. National Bank: How To Pick When Both Stocks Are Great
Most investing content teaches you to tell a good company from a bad one. Almost nobody tells you what to do when both pass every test you know how to run.
AI research layers
Interpretive context generated from the platform’s current data sources.
Royal Bank of Canada Stock Performance
Royal Bank of Canada shares are trading at $207.21, reflecting a strong 50.2% gain over the trailing twelve months, per SID market data. However, near-term momentum has softened, with the stock declining 1.16% over the past month and now sitting below its 50-day moving average of $208.68. Despite the recent pullback, shares remain well above the 200-day moving average of $179.68, indicating the broader uptrend remains intact. The 14-day RSI stands at 41.0, suggesting the stock is approaching oversold territory without yet triggering a definitive signal. Over the trailing three months, RY has gained 9.01%, outpacing many peers in the financial services sector. Average daily trading volume registers at approximately 1.11 million shares, according to Massive/Polygon data. The stock carries a beta of 1.012, indicating volatility roughly in line with the broader market.
Royal Bank of Canada Valuation Analysis
Royal Bank of Canada currently trades at a price-to-earnings ratio of 15.86, a level broadly consistent with large-cap financial services peers, per SID market data. The PEG ratio stands at 2.47, suggesting that the stock's valuation may be elevated relative to its expected earnings growth trajectory. The price-to-book ratio registers at 2.32, reflecting a meaningful premium to book value that is typical for well-capitalized, high-return banking franchises, according to SEC filings. RY offers a dividend yield of approximately 2.63%, providing a steady income component for shareholders. With a market capitalization of approximately $234.7 billion, Royal Bank of Canada ranks among the largest financial institutions in North America. Overall, the valuation profile presents a balance between the bank's premium positioning and the moderating growth outlook embedded in its PEG ratio, warranting careful comparison against sector-level multiples.
Smart Money Activity for RY
Royal Bank of Canada's composite smart money score stands at 64 out of 100, generating a neutral signal, per SID market data. Institutional activity is the strongest component, registering a perfect 25 out of 25, indicating robust demand from large asset managers and pension funds as reflected in recent 13F institutional filings. Insider activity scores 15.1 out of 25, with four insider transactions recorded over the past 90 days — two purchases and two sales — resulting in a balanced directional profile, according to SEC Form 4 filings. Dark pool activity scores a moderate 12.0 out of 25, suggesting neither significant accumulation nor distribution through off-exchange venues. Congressional trading interest registers at 12 out of 25, indicating limited but present legislative trading activity. The combination of maximal institutional conviction offset by mixed insider and dark pool signals supports the overall neutral classification for smart money positioning in RY shares.
Royal Bank of Canada Earnings Outlook
Royal Bank of Canada has delivered consecutive earnings beats in its two most recently reported quarters, according to company earnings reports. In the quarter reported on February 26, 2026, RY posted earnings of $2.93 per share against an estimate of $2.76, representing a positive surprise of $0.17, or approximately 6.2%. The May 28 quarter showed more modest outperformance, with actual earnings of $2.84 versus the $2.81 consensus estimate, a $0.03 beat. Looking ahead, analyst estimates project earnings of $2.88 for the quarter expected to be reported on August 26, 2026, and $2.89 for the following quarter on August 27, 2026, per analyst estimates. The relatively stable sequential estimates suggest consensus expectations for sustained profitability. The narrowing surprise trend from the February to May quarters will be closely monitored as the bank approaches its next reporting cycle.
Wall Street Analyst Ratings for RY
Wall Street analyst coverage of Royal Bank of Canada reflects a moderately constructive outlook, with the majority of recent ratings skewing positive, per Wall Street analyst reports. On July 9, 2026, Argus Research Corporation reiterated a Buy rating, followed by Canaccord Genuity's Buy reiteration on July 6. Scotiabank GBM maintained its Outperform rating on June 17, reinforcing bullish sentiment among Canadian-focused coverage. Counterbalancing these positive views, CIBC Capital Markets reiterated a Neutral stance on June 18, and Jefferies maintained a Hold rating on June 2. Notably, none of the five most recent analyst actions involved a rating change, with all firms reaffirming prior positions, according to SID consensus data. This pattern indicates broad stability in analyst sentiment rather than a shifting narrative. Of the five most recent ratings, three carry bullish designations while two remain neutral, representing a 60-40 split favoring positive coverage.
