Royal Bank of Canada (TSE:RY) Posts Earnings Results

Royal Bank of Canada (TSE:RY) (NYSE:RY) posted its quarterly earnings results on Thursday. The financial services provider reported C$4.28 earnings per share for the quarter, FiscalAI reports. Royal Bank of Canada had a net margin of 15.92% and a return on equity of 16.11%. The business had revenue of C$18.54 billion during the quarter.

Royal Bank of Canada Stock Up 0.2%

TSE:RY opened at C$284.17 on Friday. The business’s 50-day simple moving average is C$293.49 and its two-hundred day simple moving average is C$260.71. The stock has a market cap of C$394.90 billion, a PE ratio of 18.48, a P/E/G ratio of 3.42 and a beta of 1.05. Royal Bank of Canada has a 52 week low of C$197.58 and a 52 week high of C$306.38.

Royal Bank of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Monday, August 24th were paid a $1.76 dividend. This represents a $7.04 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Monday, July 27th. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $1.64. Royal Bank of Canada’s dividend payout ratio (DPR) is currently 41.35%.

Insider Transactions at Royal Bank of Canada

In other news, insider Neil Mclaughlin sold 4,000 shares of Royal Bank of Canada stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of C$287.72, for a total transaction of C$1,150,880.00. Also, insider Bruce Washington Ross sold 45,670 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of C$293.11, for a total transaction of C$13,386,333.70. Following the completion of the transaction, the insider directly owned 235 shares in the company, valued at C$68,880.85. This trade represents a 99.49% decrease in their position. Insiders sold a total of 352,767 shares of company stock valued at $100,643,023 over the last 90 days.

Trending Headlines about Royal Bank of Canada

Here are the key news stories impacting Royal Bank of Canada this week:

• Positive Sentiment: Record Q3 2026 earnings provided the main support. RBC reported C$4.28 in quarterly EPS and C$18.54 billion in revenue, with growth described as diversified across its businesses. Strong profitability, including a 15.95% return on equity, reinforces the bank’s earnings momentum. Royal Bank of Canada Reports Third Quarter 2026 Results
• Positive Sentiment: Analysts raised their outlooks following the results. Canaccord Genuity increased its price target from C$310 to C$318 and assigned a Buy rating. Scotia raised its target from C$311 to C$312 and maintained a Sector Outperform view. Both targets imply additional upside from recent levels. Royal Bank of Canada Analyst Ratings
• Positive Sentiment: TD remains bullish despite a small target reduction. TD lowered its price objective from C$307 to C$306 but retained a Buy rating, indicating that analysts continue to view RBC’s fundamentals favorably. Royal Bank of Canada Analyst Ratings
• Positive Sentiment: RBC’s recent dividend increase from $1.64 to $1.76 per share strengthens its shareholder-return appeal and signals management confidence in capital generation.
• Neutral Sentiment: Some investors argue that RBC’s strong performance is already reflected in its valuation. The bank trades at roughly 18.5 times earnings, so further gains may depend on continued earnings growth rather than multiple expansion. Royal Bank of Canada Another Record Quarter Same Valuation Problem
• Negative Sentiment: Insider Katherine Gibson sold 462 shares for approximately C$129,000, reducing her holdings by 61.44%. The transaction follows similar sales and may weigh slightly on sentiment, although it is not necessarily evidence of weakening business conditions. Royal Bank of Canada Insider Selling

Analyst Upgrades and Downgrades

Several brokerages recently commented on RY. TD cut their price objective on shares of Royal Bank of Canada from C$307.00 to C$306.00 and set a “buy” rating on the stock in a research report on Friday. Canaccord Genuity Group boosted their price objective on shares of Royal Bank of Canada from C$310.00 to C$318.00 and gave the stock a “buy” rating in a report on Friday. Barclays upped their price objective on Royal Bank of Canada from C$260.00 to C$300.00 in a research report on Friday, August 21st. National Bank Financial set a C$318.00 target price on Royal Bank of Canada and gave the stock an “outperform” rating in a research report on Monday, August 24th. Finally, Jefferies Financial Group raised their price target on shares of Royal Bank of Canada from C$240.00 to C$268.00 in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$292.64.

Royal Bank of Canada Company Profile

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.