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Royal Bank Of Canada (RY) Company Profile

Updated Apr 18, 2019
Royal Bank Of Canada has the following business profile:
Company's Full Name:Royal Bank Of Canada
Short Name:Royal Bank Of Canada
Trading Ticker Symbol:RY
Primary Exchange:NYSE
Headquarter City/Country:Canada
Primary Industry Sector:Finance
Seconday Sub-sector:Commercial Banks
Main Business Areas: Finance, Commercial Banks, Financial Services, Global Banks, Bank
Dividend Payments:Dividend History

Market and Trading Information for Royal Bank Of Canada

The following details were available for trading and market data about the stock of Royal Bank Of Canada as of writing:
Current Share Price:$80.01
Previous Year's Closing Price:$68.52
Percentage Price Change (YTD):16.77%
Market Cap:$115.14 billion
52-week Price Range:$65.76 - $81.56
Dividend Per Share:$0
EPS (TTM):6.29
Price-Earnings (Trailing):12.73
Price-Earnings (Forward):11.53

Company Profile and Business Description for Royal Bank Of Canada

Royal Bank of Canada (RBC), incorporated on June 22, 1869, is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries. The Company's business segments include Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, and Capital Markets. The Company, through its segments, serves various lines of businesses, which include Personal Financial Services, Business Financial Services, Cards and Payment Solutions (Canadian Banking), Caribbean and United States Banking, Canadian Wealth Management, United States and International Wealth Management, Global Asset Management, Canadian Insurance, International Insurance, Corporate and Investment Banking, Global Markets and Other. The Company's principal subsidiaries include Royal Bank Holding Inc., RBC USA Holdco Corporation, RBC Dominion Securities Limited, RBC Holdings (Barbados) Ltd., The Royal Trust Company, RBC Capital Trust and Royal Bank Mortgage Corporation. The Company's principal subsidiaries include Royal Bank Holding Inc., RBC USA Holdco Corporation, RBC Dominion Securities Limited, RBC Holdings (Barbados) Ltd., The Royal Trust Company, RBC Capital Trust and Royal Bank Mortgage Corporation.

Personal and Commercial Banking

Personal and Commercial Banking consists of the Company's personal and business banking operations, as well as its auto financing and retail investment businesses, including its online discount brokerage channel. It operates in Canada, the Caribbean and the United States. The Personal and Commercial Banking serves various lines of business, which include Personal Financial Services, Business Financial Services, Cards and Payment Solutions, and Caribbean and United States Banking. Personal Financial Services provides a range of financing and investment products and services, including home equity financing, personal lending, deposit accounts, Canadian private banking, indirect lending (including auto financing), mutual funds and self-directed brokerage accounts, and Guaranteed Investment Certificates (GICs). Business Financial Services offers a range of lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing (floor plan), trade products and services to small, medium-sized commercial businesses, as well as agriculture and agribusiness clients across Canada. Cards and Payment Solutions (Canadian Banking) provides an array of credit cards with loyalty and reward benefits, and payment products and solutions within Canada. Caribbean and United States Banking offers banking products and services, as well as international financing and trade promotion services through branch, automated teller machine (ATM), online and mobile banking networks. In the United States, it serves the cross-border banking needs of Canadian clients within the United States through online channels.

Wealth Management

Wealth Management serves high net worth (HNW), and ultra-high net worth clients from its offices in financial centers in Canada, the United States, the United Kingdom, Channel Islands, and Asia with a suite of investment, trust, banking, credit and other wealth management solutions. The Wealth Management segment serves various lines of business, which include Canadian Wealth Management, U.S. & International Wealth Management, and Global Asset Management. Canadian Wealth Management includes its full-service Canadian wealth advisory business. U.S. Wealth Management includes its private client group. The Company's correspondent and advisor services businesses deliver clearing and execution services for small to mid-sized independent broker-dealers and registered investment advisor firms. International Wealth Management includes Wealth Management - International and Wealth Management - Asia. It provides customized and integrated trust, banking, credit and investment solutions to HNW and ultra-high net worth (UHNW) clients and corporate clients.

Global Asset Management

Global Asset Management provides global investment management services and solutions for individual and institutional investors through mutual, pooled and private funds, fee-based accounts and separately managed portfolios. Its asset management group and Global Asset Management include BlueBay Asset Management (BlueBay), which offers investment management services, providing investment strategies and fund solutions directly to institutional investors and also to individual clients through its distribution channels and third-party distributors.

Insurance

Insurance provides a range of life, health, home, auto, travel, wealth, group and reinsurance products and solutions. In Canada, it offers insurance products and services through its distribution channels, which consist of the field sales force, which includes retail insurance branches, its field sales representatives, advice centers and online, as well as through independent insurance advisors and affinity relationships. Outside Canada, it operates in reinsurance markets globally offering life, accident and annuity reinsurance products. The Insurance serves various lines of business, which include Canadian Insurance, which offers a range of property and casualty products including home, auto and travel insurance, its life and health portfolio includes universal life, term life, critical illness, disability, long-term care insurance and group benefits, and International Insurance, which consists of reinsurance businesses, which offers life and health, accident and annuity reinsurance products.

Investor and Treasury Services

Investor & Treasury Services is a provider of asset and treasury services, custody, payments, and transaction banking for financial institutions and other institutional investors across the world. It delivers custodial, fund accounting, financing and other services to safeguard client assets, maximize liquidity and manage risk across multiple jurisdictions. It also provides short-term funding and liquidity management for RBC.

Capital Markets

Capital Markets provides public and private companies, institutional investors, governments and central banks with a range of products and services. In North America, it offers a suite of products and services, which include corporate and investment banking, equity and debt origination and distribution, and structuring and trading. Outside North America, it offers a diversified set of capabilities in sectors, such as energy, mining and infrastructure. It also offers its products and services to industrial, consumer and healthcare sectors in Europe. The Capital Markets serves various lines of business, which include Corporate and Investment Banking, which consists of corporate lending, loan syndications, debt and equity origination, merger and acquisition (M&A) advisory services, private equity, research, client securitization and the global credit businesses; Global Markets, which consists of fixed income, foreign exchange, equity sales and trading, repos and secured financing, and commodities businesses, and Other includes legacy portfolio, which consists of its bank-owned life insurance (BOLI) stable value products, the United States commercial mortgage-backed securities, the United States auction rate securities (ARS), structured rates in Asia, and certain trading strategies.

200 Bay Street, Stn Royal Bank

Peer / Competitor Companies of Commercial Banks Sector

Along with Royal Bank Of Canada, the following other peer (competitor) companies also exist within the same Commercial Banks - Finance sector whose company profile and dividend history is as follows:

▶ Banco Bilbao Viscaya (BBVA): Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), incorporated on January 28, 2000, is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. The Company also ....See Detailed Company Profile  and Dividend History.

▶ Banco De Chile (BCH): Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. The company operates through four segments: Retail, Wholesale, Treasury and ....See Detailed Company Profile  and Dividend History.

▶ Banco Latinoamericano (BLX): Banco Latinoamericano de Comercio Exterior, S.A. (the Bank), incorporated on January 19, 1978, is a specialized multinational bank. The Bank is established to support the financing of trade and economic ....See Detailed Company Profile  and Dividend History.

▶ Banco Santander (SAN): Banco Santander, S.A., incorporated on January 14, 1875, is a retail and commercial bank. The Banks segments include Continental Europe, United Kingdom, Latin America and United States. The Continental Europe ....See Detailed Company Profile  and Dividend History.

▶ Banco Santander Brasil SA (BSBR): Banco Santander (Brasil) S.A. provides banking products and services in Brazil and internationally. The company operates in two segments, Commercial Banking and Global Wholesale Banking. It offers sav....See Detailed Company Profile  and Dividend History.

▶ Banco Santander Chile (BSAC): Banco Santander-Chile (the Bank), formerly Banco Santander Chile, incorporated on August 1, 2002, is a Chilean bank. The Banks segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities ....See Detailed Company Profile  and Dividend History.

▶ BanColombia (CIB): Bancolombia S.A. (Bancolombia), incorporated on November 22, 1984, is a financial institution, with presence in various jurisdictions, such as Colombia, Panama, El Salvador, Puerto Rico, Guatemala, the Cayman Islands and ....See Detailed Company Profile  and Dividend History.

▶ Bank Of Montreal (BMO): Bank of Montreal provides diversified financial services primarily in North America. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. The ....See Detailed Company Profile  and Dividend History.

▶ Bank of NT Butterfield (NTB): The Bank of N.T. Butterfield & Son Limited (the Bank) provides banking services and wealth management services. The Banks geographic segments include Bermuda, the Cayman Islands and Guernsey, where its ....See Detailed Company Profile  and Dividend History.

▶ Barclays (BCS): Barclays PLC, incorporated on July 20, 1896, is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and ....See Detailed Company Profile  and Dividend History.

▶ BBVA Banco Frances (BFR): BBVA Banco Frances S.A. (the Bank), incorporated on December 6, 1886, is a provider of financial services to large corporations, small and medium-size companies (SMEs), as well as individual customers. ....See Detailed Company Profile  and Dividend History.

▶ Canadian Imperial Bank of Commerce (CM): Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the....See Detailed Company Profile  and Dividend History.

▶ Credicorp (BAP): Credicorp Ltd., through its banking and non-banking subsidiaries, provides a range of financial, insurance, and health services and products primarily in Peru and internationally. It operates through ....See Detailed Company Profile  and Dividend History.

▶ Grupo Aval Acciones y Valores (AVAL): Grupo Aval Acciones y Valores S.A. provides a range of financial services and products to public and private sector customers in Colombia and Central America. The company's deposit products and services include....See Detailed Company Profile  and Dividend History.

▶ Grupo Financiero (GGAL): Grupo Financiero Galicia S.A. (Grupo Financiero Galicia), incorporated on October 30, 1999, is a financial services holding company. The Companys segments include Banking, Regional Credit Cards, CFA, Insurance and Other ....See Detailed Company Profile  and Dividend History.

▶ Grupo Financiero Santander (BSMX): Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México provides various banking products and services in Mexico. The company operates through Retail Banki....See Detailed Company Profile  and Dividend History.

▶ Grupo Supervielle (SUPV): Grupo Supervielle SA is an Argentina-based holding company primarily engaged in the financial sector. The Company provides services through numerous subsidiaries, such as Banco Supervielle SA, that offers bank services, ....See Detailed Company Profile  and Dividend History.

▶ HDFC Bank (HDB): HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale ....See Detailed Company Profile  and Dividend History.

▶ ICICI Bank (IBN): ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking....See Detailed Company Profile  and Dividend History.

▶ ING (ING): ING Groep N.V. (ING), incorporated on January 21, 1991, is a financial institution. The Company offers banking services. The Companys segments include Retail Netherlands, which offers current and savings accounts, ....See Detailed Company Profile  and Dividend History.

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