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Royal Bank of Canada (RY) Competitors

Royal Bank of Canada logo
$121.79 -1.11 (-0.90%)
(As of 11/20/2024 ET)

RY vs. BAC, HDB, MUFG, C, IBN, UBS, HSBC, TD, SMFG, and SAN

Should you be buying Royal Bank of Canada stock or one of its competitors? The main competitors of Royal Bank of Canada include Bank of America (BAC), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), UBS Group (UBS), HSBC (HSBC), Toronto-Dominion Bank (TD), Sumitomo Mitsui Financial Group (SMFG), and Banco Santander (SAN). These companies are all part of the "banking" industry.

Royal Bank of Canada vs.

Royal Bank of Canada (NYSE:RY) and Bank of America (NYSE:BAC) are both large-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their dividends, profitability, community ranking, valuation, institutional ownership, risk, earnings, media sentiment and analyst recommendations.

Royal Bank of Canada pays an annual dividend of $4.19 per share and has a dividend yield of 3.4%. Bank of America pays an annual dividend of $1.04 per share and has a dividend yield of 2.3%. Royal Bank of Canada pays out 50.7% of its earnings in the form of a dividend. Bank of America pays out 37.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Royal Bank of Canada has raised its dividend for 14 consecutive years and Bank of America has raised its dividend for 11 consecutive years. Royal Bank of Canada is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Bank of America received 1265 more outperform votes than Royal Bank of Canada when rated by MarketBeat users. Likewise, 65.41% of users gave Bank of America an outperform vote while only 55.19% of users gave Royal Bank of Canada an outperform vote.

CompanyUnderperformOutperform
Royal Bank of CanadaOutperform Votes
745
55.19%
Underperform Votes
605
44.81%
Bank of AmericaOutperform Votes
2010
65.41%
Underperform Votes
1063
34.59%

Bank of America has higher revenue and earnings than Royal Bank of Canada. Royal Bank of Canada is trading at a lower price-to-earnings ratio than Bank of America, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of Canada$60.00B2.87$11.02B$8.2714.73
Bank of America$171.91B2.06$26.52B$2.7516.75

Bank of America has a net margin of 12.48% compared to Royal Bank of Canada's net margin of 12.28%. Royal Bank of Canada's return on equity of 15.17% beat Bank of America's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada12.28% 15.17% 0.84%
Bank of America 12.48%10.09%0.83%

45.3% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 70.7% of Bank of America shares are owned by institutional investors. 0.3% of Bank of America shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Bank of America had 54 more articles in the media than Royal Bank of Canada. MarketBeat recorded 72 mentions for Bank of America and 18 mentions for Royal Bank of Canada. Bank of America's average media sentiment score of 1.08 beat Royal Bank of Canada's score of 0.63 indicating that Bank of America is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
10 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
Bank of America
49 Very Positive mention(s)
5 Positive mention(s)
11 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Royal Bank of Canada has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500. Comparatively, Bank of America has a beta of 1.32, meaning that its share price is 32% more volatile than the S&P 500.

Royal Bank of Canada presently has a consensus target price of $142.50, suggesting a potential upside of 17.00%. Bank of America has a consensus target price of $44.26, suggesting a potential downside of 3.91%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, research analysts clearly believe Royal Bank of Canada is more favorable than Bank of America.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88
Bank of America
1 Sell rating(s)
7 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.65

Summary

Bank of America beats Royal Bank of Canada on 13 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RY vs. The Competition

MetricRoyal Bank of CanadaCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$172.17B$38.80B$10.50B$19.89B
Dividend Yield3.43%4.13%10.14%3.54%
P/E Ratio14.739.3749.1442.58
Price / Sales2.871.813,454.9118.13
Price / Cash12.1510.0230.2617.85
Price / Book2.091.232.745.59
Net Income$11.02B$3.18B$992.69M$985.39M
7 Day Performance-1.10%1.53%-0.34%-0.19%
1 Month Performance-3.38%2.28%1.81%0.14%
1 Year Performance38.66%43.65%23.64%23.70%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
4.3304 of 5 stars
$121.79
-0.9%
$142.50
+17.0%
+38.7%$173.74B$87.48B14.7391,398
BAC
Bank of America
4.8079 of 5 stars
$46.06
-0.8%
$44.26
-3.9%
+53.5%$356.10B$171.91B16.75213,000Analyst Revision
Positive News
HDB
HDFC Bank
2.3565 of 5 stars
$63.32
+0.3%
N/A+8.6%$159.92B$2.36T19.25213,527
MUFG
Mitsubishi UFJ Financial Group
3.5584 of 5 stars
$11.67
-1.6%
N/A+35.1%$136.04B$82.36B11.44140,000
C
Citigroup
4.887 of 5 stars
$68.28
-0.5%
$73.00
+6.9%
+50.9%$129.14B$80.41B19.79239,000
IBN
ICICI Bank
1.3987 of 5 stars
$29.74
-0.1%
N/A+33.6%$104.90B$1.83T20.23187,765Stock Split
UBS
UBS Group
3.0366 of 5 stars
$31.83
-0.1%
N/A+21.4%$102.12B$65.28B26.53112,842
HSBC
HSBC
2.7347 of 5 stars
$46.24
-0.1%
N/A+19.4%$101.37B$131.13B7.64220,861
TD
Toronto-Dominion Bank
3.6316 of 5 stars
$55.94
+0.2%
$84.00
+50.2%
-9.8%$97.72B$75.05B17.87103,257
SMFG
Sumitomo Mitsui Financial Group
3.8814 of 5 stars
$13.98
-1.7%
N/A+40.2%$92.95B$64.79B12.05120,000News Coverage
SAN
Banco Santander
4.4128 of 5 stars
$4.76
-0.8%
N/A+17.7%$75.96B$62.14B5.95212,764Analyst Downgrade

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This page (NYSE:RY) was last updated on 11/21/2024 by MarketBeat.com Staff
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