CIBC upgraded Royal Bank of Canada from Neutral to Sector Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/30/2025 | Outperform → Sector Perform | National Bank Financial | |
| 5/15/2025 | Sector Outperform | Scotiabank | |
| 4/4/2025 | Neutral → Sector Outperform | CIBC | |
| 11/21/2024 | Equal Weight → Overweight | Barclays | |
| 11/15/2024 | Buy → Hold | TD Securities | |
| 7/2/2024 | Buy | UBS | |
| 5/13/2024 | Hold → Buy | Jefferies | |
| 4/5/2024 | Market Perform → Outperform | BMO Capital Markets |
SC 13G/A - ROYAL BANK OF CANADA (0001000275) (Filed by)
SC 13G/A - ROYAL BANK OF CANADA (0001000275) (Filed by)
SC 13G - ROYAL BANK OF CANADA (0001000275) (Filed by)
TORONTO, June 13, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May mutual fund net sales of $853 million. Long-term funds had net sales of $747 million and money market funds had net sales of $106 million. Mutual fund assets under management increased by 3.2 per cent. Mutual fund sales results information is based on preliminary data from the Securities and Investment Management Association (SIMA) (formally the Investment Funds Institute of Canada) and only includes Canadian prospectus qualified mutual funds. Please consult your advisor and re
TORONTO, June 10, 2025 /CNW/ - Royal Bank of Canada (the Bank) (TSX:RY) (NYSE:RY) today announced that the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions (OSFI) have approved its normal course issuer bid to purchase, for cancellation, up to 35 million of its common shares. Purchases under the normal course issuer bid may commence on June 12, 2025 and continue until June 11, 2026, when the bid expires, or such earlier date as the Bank may complete its purchases pursuant to the notice of intention filed with the TSX. Purchases may be
TORONTO, June 4, 2025 /CNW/ - Royal Bank of Canada (TSX:RY) and (NYSE RY) today announced the offering of US$1.25 billion of non-viability contingent capital (NVCC) Additional Tier 1 (AT1) Limited Recourse Capital Notes, Series 6 (the "LRCNs"). The securities offered are registered with the U.S. Securities and Exchange Commission (the "SEC"). The LRCNs will bear interest at a rate of 6.750 per cent annually, payable quarterly, for the initial period ending August 24, 2030. Thereafter, the interest rate on the LRCNs will reset every five years at a rate equal to the prevailing
TORONTO, March 6, 2025 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced it has filed its notice of annual and special meeting of common shareholders and management proxy circular for 2025 with securities regulators. The circular contains information about RBC's annual and special meeting, which is scheduled to occur on April 10, 2025, including (i) the election of directors, (ii) the appointment of the bank's auditor, (iii) the approval of certain amendments to the bank's stock option plan and (iv) approval of an amendment to by-law two regarding increasing the
55% relying on being in a relationship to support their lifestyle62% arguing with their partner over finances77% stressing about moneyTORONTO, Dec. 12, 2024 /CNW/ - Canada's high cost of living is causing harsh financial realities for many couples, with more than half (55%) reporting they need to be in a relationship to pay for their lifestyle, according to the RBC 2024 Relationships & Money Poll. Money was called out as a source of stress by more than three-quarters (77%) of the couples who were polled, as well as the cause of arguments by three-in-five (62%). In addition, al
TORONTO, Sept. 12, 2024 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) today announced that Katherine Gibson has been appointed Chief Financial Officer, effective immediately. Ms. Gibson has served as Interim Chief Financial Officer since April 5, 2024. Prior to this, she was Senior Vice President, Enterprise Finance & Controller with global responsibility for head office Finance, including all external, board and management reporting, accounting policy and financial management systems. "Katherine is an outstanding senior executive with global financial insights and leadershi
TORONTO, May 29, 2025 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of six cents, or four per cent, to $1.54 per share, payable on or after August 22, 2025, to common shareholders of record at the close of business on July 24, 2025. The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on or after August 22, 2025, to shareholders of record at the close of business on July 24, 2025. Series BF Dividend No. 41 of $0.1875 p
All amounts are in Canadian dollars and are based on financial statements presented in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our Q2 2025 Report to Shareholders and Supplementary Financial Information are available at http://www.rbc.com/investorrelations and on https://www.sedarplus.com/. Net income$4.4 BillionUp 11% YoY Diluted EPS1$3.02Up 10% YoY Total PCL1$1.4 BillionPCL on loans ratio1up 16 bps1 QoQ ROE114.2%Down 30 bps YoY CET1 ratio213.2%Above regulatoryrequirements Adjusted net income3$4.5 BillionUp 8% YoY Adjusted diluted EPS3$3.12Up 7% YoY Total ACL1$7.5 BillionACL on loans ratio1up 6 bps QoQ Adjusted ROE314.7%Down
TORONTO, May 5, 2025 /CNW/ - Royal Bank of Canada (TSX:RY) (NYSE:RY) will release its second quarter results for 2025 on May 29, which will be made available at rbc.com/investorrelations. Financial results are expected to be released at approximately 6:00 a.m. Eastern Standard Time (ET). The conference call is scheduled for 8:30 a.m. (ET) and will feature a presentation by RBC executives followed by a question and answer period with analysts. An audiocast of the call is available on a listen-only basis at: rbc.com/investorrelations/quarterly-financial-statements.html or by tel
National Bank Financial downgraded Royal Bank of Canada from Outperform to Sector Perform
Scotiabank resumed coverage of Royal Bank of Canada with a rating of Sector Outperform
CIBC upgraded Royal Bank of Canada from Neutral to Sector Outperform
FWP - ROYAL BANK OF CANADA (0001000275) (Subject)
F-N - ROYAL BANK OF CANADA (0001000275) (Subject)
S-8 - ROYAL BANK OF CANADA (0001000275) (Filer)