|Bid||77.27 x 800|
|Ask||77.28 x 1000|
|Day's Range||76.63 - 77.35|
|52 Week Range||65.76 - 81.56|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||12.28|
|Earnings Date||Nov 30, 2016 - Dec 5, 2016|
|Forward Dividend & Yield||3.04 (4.05%)|
|1y Target Est||88.84|
TORONTO , June 13, 2019 /CNW/ - Today, RBC announced a new collaboration with global lifestyle brand October's Very Own (OVO). Together, RBC and OVO will partner to open the popular OVO Summit to the Canadian public for the first time. Taking place on Friday, August 2 , 2019, OVO Summit is an immersive conference for Canadian creatives and lifestyle entrepreneurs looking to grow their careers, hone their skills and make a lasting impact on the creative economy in Canada .
At this time the addition, in and of itself, will not result in any change to the credit quality of the program's notes. The facility is fully supported by Prime-1(cr) RBC, which funds for the face amount of ABCP. Thunder Bay has approximately $10.3 billion of purchase commitments and $6.5 billion in outstanding ABCP.
TORONTO , June 12, 2019 /CNW/ - Indigenous youth are shaping the future for Canada , stepping forward with bold ideas rooted in culture in order to create a new way forward for their peoples and communities. "Indigenous youth are at the forefront of reconciliation, and so we at RBC are determined to listen to them and be guided by their perspectives so that we can offer our help and partnership in a genuine way," said Dale Sturges , National Director, Indigenous Financial Services, RBC.
Rating Action: Moody's assigns Aa2 to New Mexico MEAA Revenue Refunding& Acquisition Bonds, Series 2019. Global Credit Research- 10 Jun 2019. New York, June 10, 2019-- Moody's Investors Service has assigned ...
RBC Global Asset Management Inc. announces May sales results for RBC Funds, PH&N Funds and BlueBay Funds
LONDON, ON , June 5, 2019 /CNW/ - Today, RBC and the London Convention Centre announced a 10-year sponsorship which will see the London Convention Centre, located in the heart of downtown London, ON , renamed RBC Place London. This announcement is yet another chapter in RBC's long-standing support of London and the surrounding communities, and builds on the convention centre's established reputation as a leader in the meetings industry. "RBC has a long and rich history in Southwestern Ontario , and we take great pride in announcing a new name for the convention centre - one that reflects our commitment to the region and the communities within it," says Francine Dyksterhuis , Regional President, Southwestern Ontario , RBC.
Moody's has reviewed the following ABCP programs in conjunction with the proposed additions and amendment. At this time the additions and amendment, in and of themselves, will not result in any rating impact on the respective program's ABCP. Moody's does not believe they will have an adverse effect on the credit quality of the securities such that the Moody's rating is impacted.
TORONTO , May 30, 2019 /CNW/ - Today, RBC Ventures Inc., a subsidiary of Royal Bank of Canada , announced that it acquired Smart Reno, Canada's leading home renovation marketplace. Currently available in Ontario , Quebec and Alberta , Smart Reno connects consumers to qualified renovation professionals while supporting contractors and trades to efficiently grow their businesses with high-quality leads. "RBC Ventures is moving beyond banking to create solutions that support Canadians through every stage of their home journey.
UBS Group (UBS) expects to incur high regulatory costs on account of new set of rules proposed by the Federal Reserve for foreign banks.
TORONTO , May 28, 2019 /CNW/ - Canadians seeking more control of their financial future are making it clear they want the best of both worlds – digital with a human touch. As of this week, 1 million Canadians are now connected in real time to personalized, interactive financial plans and live advisor expertise – all through the digital innovation of MyAdvisor at RBC. MyAdvisor has created an entirely new category of investment intelligence to help Canadians ease anxiety around their savings and investments. The new digital+human solution not only gives them an interactive picture of their finances, it also provides real time access to the advice of financial advisors, through video, by phone or in person.
Royal Bank of Canada's (RY) second-quarter fiscal 2019 (ended Apr 30, 2019) results impress on rise in revenues along with escalating loans and deposits balances.
With Canadian financial giants including Royal Bank of Canada and Toronto-Dominion Bank having announced results this week, and rivals to follow, it’s becoming clear that businesses such as wealth management and U.S. operations are doing more to increase earnings than their mainstay of domestic consumer lending. “Canadian banking has got the blahs,” said David Baskin, whose Baskin Wealth Management oversees assets totaling C$1.2 billion ($890 million). “I’m not surprised that the domestic operations are pretty flat.
Royal Bank of Canada, the nation’s largest mortgage lender, reported Thursday that its domestic mortgage book expanded 5.2% in the fiscal second quarter from a year earlier, while Toronto-Dominion Bank’s mortgages and amortizing home-equity lines had a 5.8% increase. The two lenders are bucking the trend for the overall industry, which has seen year-over-year mortgage growth slide to a 17-year low of 3.2% in March, according to the Bank of Canada. Canada’s mortgage-industry slowdown has been spurred partly by government efforts to calm housing markets, particularly in Toronto and Vancouver.
Royal Bank (RY) delivered earnings and revenue surprises of 2.45% and 13.55%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Royal Bank of Canada reported a 6% rise in adjusted quarterly profit on Thursday, boosted by loan growth in its retail banking business and higher revenue in its trading business from improved market conditions. ...
Canadian mortgage growth has steadily declined in recent years. Royal Bank has seen its domestic portfolio of home loans rise between 4.7% and 7.4% quarterly in the past four years. At Royal Bank, an impaired loan with a U.S. shopping-mall owner and a soured loan from a U.S. West Coast utility were the main contributors to an unexpected 54% jump in loan-loss provisions to C$514 million in the first quarter.
NEW YORK, NY / ACCESSWIRE / May 23, 2019 / Royal Bank of Canada (NYSE: RY ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on May 23, 2019 at 8:00 AM Eastern ...