Royal Bank of Canada (TSE:RY) Releases Quarterly 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 return on equity of 15.95% and a net margin of 18.40%.The firm had revenue of C$18.54 billion for the quarter.

Royal Bank of Canada Stock Performance

RY stock traded down C$6.56 on Thursday, reaching C$281.55. The company had a trading volume of 1,096,905 shares, compared to its average volume of 3,518,829. The company’s fifty day moving average is C$293.52 and its 200 day moving average is C$260.19. The company has a market cap of C$391.26 billion, a P/E ratio of 18.31, a PEG ratio of 3.42 and a beta of 1.05. Royal Bank of Canada has a 1 year low of C$197.58 and a 1 year high of C$306.38.

Royal Bank of Canada Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 24th were given a dividend of $1.76 per share. The ex-dividend date was Monday, July 27th. This represents a $7.04 annualized dividend and a dividend yield of 2.5%. This is an increase from Royal Bank of Canada’s previous quarterly dividend of $1.64. Royal Bank of Canada’s payout ratio is presently 41.35%.

Key Royal Bank of Canada News

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

• Positive Sentiment: National Bank Financial set a C$318 price target and maintained its Buy rating on Royal Bank of Canada. The target implies potential upside from recent trading levels and reflects confidence in the bank’s earnings, profitability and capital position. Royal Bank of Canada Price Target Set at C$318 by National Bank Financial
• Positive Sentiment: National Bank reaffirmed its Buy recommendation, adding to favorable recent analyst actions. TD also raised its target to C$307, while CIBC, Raymond James and Jefferies increased their targets, although some maintained neutral or market-perform ratings. National Bank Keeps Buy Rating on Royal Bank of Canada
• Positive Sentiment: Royal Bank of Canada increased its quarterly dividend to C$1.76 per share from C$1.64. The annualized payout is C$7.04, with an indicated yield of roughly 2.4%, strengthening the investment case for income-oriented shareholders.
• Neutral Sentiment: Investors are focused on the bank’s Q3 2026 earnings report. Revenue, earnings per share, loan growth, credit quality and management guidance could determine the next major move in RY. A strong report may validate bullish targets, while weaker results could increase pressure on the shares. Royal Bank of Canada Q3 2026 Earnings Preview
• Negative Sentiment: Multiple insiders sold RY shares on August 24 at approximately C$279.97. Director David Ian McKay sold 23,091 shares worth about C$6.46 million, while three other insiders also materially reduced their holdings. The transactions may raise caution, although insider sales do not necessarily indicate deteriorating business fundamentals.

Insider Activity

In other Royal Bank of Canada news, insider Neil Mclaughlin sold 4,000 shares of the company’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of C$287.72, for a total value of C$1,150,880.00. Also, insider Graeme Ashley Hepworth sold 1,459 shares of Royal Bank of Canada stock in a transaction dated Monday, August 24th. The stock was sold at an average price of C$279.97, for a total transaction of C$408,476.23. Insiders have sold a total of 352,767 shares of company stock worth $100,643,023 in the last quarter.

Analyst Upgrades and Downgrades

RY has been the topic of a number of recent analyst reports. Raymond James Financial increased their price objective on shares of Royal Bank of Canada from C$270.50 to C$306.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 12th. Canaccord Genuity Group lifted their price objective on Royal Bank of Canada from C$282.00 to C$310.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Desjardins raised their target price on Royal Bank of Canada from C$275.00 to C$320.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Jefferies Financial Group lifted their price target on Royal Bank of Canada from C$240.00 to C$268.00 in a research report on Thursday, August 13th. Finally, National Bank Financial set a C$318.00 price target on Royal Bank of Canada and gave the stock an “outperform” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$286.07.

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.