Royal Bank of Canada Market capitalization 2024

Royal Bank of Canada Market capitalization

186.68 B CAD

Royal Bank of Canada Dividend yield

3.98 %

Ticker

RY.TO

ISIN

CA7800871021

WKN

852173

In 2024, Royal Bank of Canada's market cap stood at 186.68 B CAD, a 4.22% increase from the 179.12 B CAD market cap in the previous year.

The Royal Bank of Canada Market capitalization history

YEARREVENUE (undefined CAD)GROSS MARGIN (%)NET INCOME (undefined CAD)
2026e62.51-18.7
2025e60.56-17.54
2024e57.55-16.41
2023117.99-14.62
202267.04-15.55
202157.84-15.78
202061.23-11.16
201967.59-12.59
201857.65-12.12
201750.43-11.13
201646.33-10.11
201543.28-9.73
201442.01-8.7
201338.58-7.99
201237.48-7.15
201137.09-6.09
201033.49-4.97
200935.01-3.63
200837.57-4.45
200741.31-5.4
200636.05-4.67
200529.37-3.35
200425.27-2.77

Royal Bank of Canada Aktienanalyse

What does Royal Bank of Canada do?

The Royal Bank of Canada, also known as RBC, was founded in 1864 in Halifax, Nova Scotia, making it the oldest bank in Canada. Since its establishment, the bank has grown to become one of the largest and most successful financial institutions in Canada and is now one of the world's leading banks. The RBC's business model is diverse and includes various areas such as personal and business banking, investment banking, asset management, and insurance. The bank operates in North America, Europe, and Asia and has over 16 million customers in more than 40 countries. In the personal banking sector, RBC offers numerous financial products and services including checking accounts, credit cards, mortgages, savings and investment accounts, and insurance. The bank also has a variety of specialized programs and offerings for students, seniors, young adults, and immigrants. In the business banking sector, RBC provides a wide range of financing solutions including loans, trade finance, leasing, cash management, and risk management. The bank also offers specialized advisory services for various industries such as healthcare, retail, construction, energy, and mining. In investment banking, RBC is involved in capital markets, mergers & acquisitions, corporate finance, and portfolio management. The bank has a strong presence in the North American and European capital markets and is known for its ability to successfully complete complex transactions. RBC also operates in the asset management sector, offering a wide range of investment products and services including stocks, bonds, investment funds, ETFs, and alternative investments. The bank has a strong presence in Canada, the US, and Europe, serving investors worldwide. Furthermore, RBC is one of the largest insurers in Canada, offering a wide range of insurance products for personal and business customers. The bank also has a strong presence in pension insurance, managing pensions for companies and other organizations. In recent years, RBC has expanded its presence in Asia and is now operating in major financial centers such as Hong Kong, Singapore, and Shanghai. The bank has also formed partnerships with leading financial institutions in China and India and is well-positioned to benefit from the growing demand for financial services in Asia. Overall, the Royal Bank of Canada is a leading financial institution that offers a wide range of products and services for personal and business customers. With a strong presence in North America, Europe, and Asia and a proud history of over 150 years, RBC is well-positioned to continue its success in the future. Royal Bank of Canada ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Royal Bank of Canada's Market Capitalization

Royal Bank of Canada's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Royal Bank of Canada's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Royal Bank of Canada's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Royal Bank of Canada’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Royal Bank of Canada Stock

What is the current Royal Bank of Canada market capitalization?

The current market capitalization of Royal Bank of Canada is 186.68 B CAD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Royal Bank of Canada.

How has the market capitalization of Royal Bank of Canada developed in recent years?

The market capitalization of Royal Bank of Canada has increased/decreased by 4.22% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Royal Bank of Canada?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Royal Bank of Canada?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Royal Bank of Canada have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Royal Bank of Canada pay?

Over the past 12 months, Royal Bank of Canada paid a dividend of 5.34 CAD . This corresponds to a dividend yield of about 3.98 %. For the coming 12 months, Royal Bank of Canada is expected to pay a dividend of 5.76 CAD.

What is the dividend yield of Royal Bank of Canada?

The current dividend yield of Royal Bank of Canada is 3.98 %.

When does Royal Bank of Canada pay dividends?

Royal Bank of Canada pays a quarterly dividend. This is distributed in the months of August, November, March, May.

How secure is the dividend of Royal Bank of Canada?

Royal Bank of Canada paid dividends every year for the past 23 years.

What is the dividend of Royal Bank of Canada?

For the upcoming 12 months, dividends amounting to 5.76 CAD are expected. This corresponds to a dividend yield of 4.3 %.

In which sector is Royal Bank of Canada located?

Royal Bank of Canada is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Royal Bank of Canada kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Royal Bank of Canada from 5/24/2024 amounting to 1.38 CAD, you needed to have the stock in your portfolio before the ex-date on 4/24/2024.

When did Royal Bank of Canada pay the last dividend?

The last dividend was paid out on 5/24/2024.

What was the dividend of Royal Bank of Canada in the year 2023?

In the year 2023, Royal Bank of Canada distributed 4.96 CAD as dividends.

In which currency does Royal Bank of Canada pay out the dividend?

The dividends of Royal Bank of Canada are distributed in CAD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Royal Bank of Canada stock can be added to a savings plan with the following providers: Trade Republic and Consorsbank

Andere Kennzahlen von Royal Bank of Canada

Our stock analysis for Royal Bank of Canada Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Royal Bank of Canada Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.