Royal Bank Of Canada (RY) to Announce Earnings on Thursday

Key Points

• Royal Bank of Canada is expected to report Q3 2026 results before markets open on August 27. Analysts forecast earnings of $2.89 per share and revenue of approximately $12.92 billion.
• In the prior quarter, RBC reported $2.84 EPS and $12.84 billion in revenue, exceeding analyst estimates; revenue increased 11.4% year over year.
• RBC raised its quarterly dividend to $1.76 per share, equivalent to an annualized $7.04 dividend and a 3.4% yield. Analysts maintain a “Moderate Buy” consensus rating with a $225 target price.

Royal Bank Of Canada (NYSE:RY - Get Free Report) TSE: RY is projected to announce its Q3 2026 results before the market opens on Thursday, August 27th. Analysts expect Royal Bank Of Canada to announce earnings of $2.89 per share and revenue of $12.9211 billion for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Thursday, August 27, 2026 at 8:30 AM ET.

Royal Bank Of Canada (NYSE:RY - Get Free Report) TSE: RY last announced its quarterly earnings results on Thursday, May 28th. The financial services provider reported $2.84 EPS for the quarter, beating analysts' consensus estimates of $2.81 by $0.03. The company had revenue of $12.84 billion during the quarter, compared to analyst estimates of $12.74 billion. Royal Bank Of Canada had a return on equity of 17.68% and a net margin of 15.92%.The firm's revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the company earned $3.12 earnings per share. On average, analysts expect Royal Bank Of Canada to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Royal Bank Of Canada Stock Performance

NYSE RY opened at $207.78 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.82 and a quick ratio of 0.82. Royal Bank Of Canada has a 1-year low of $135.92 and a 1-year high of $218.57. The business has a 50 day simple moving average of $208.34 and a two-hundred day simple moving average of $186.26. The stock has a market capitalization of $288.11 billion, a PE ratio of 18.67, a P/E/G ratio of 1.68 and a beta of 0.80.

Royal Bank Of Canada Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 24th. Stockholders of record on Monday, July 27th will be given a dividend of $1.76 per share. The ex-dividend date is Monday, July 27th. This represents a $7.04 dividend on an annualized basis and a dividend yield of 3.4%. This is an increase from Royal Bank Of Canada's previous quarterly dividend of $1.64. Royal Bank Of Canada's dividend payout ratio is currently 44.56%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on RY. Scotiabank reissued an "outperform" rating on shares of Royal Bank Of Canada in a report on Monday, June 1st. Weiss Ratings raised shares of Royal Bank Of Canada from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Wednesday, July 29th. Raymond James Financial lowered shares of Royal Bank Of Canada from an "outperform" rating to a "market perform" rating in a research report on Tuesday, May 12th. Argus set a $225.00 price objective on shares of Royal Bank Of Canada in a research note on Thursday, June 11th. Finally, Canadian Imperial Bank of Commerce restated a "neutral" rating on shares of Royal Bank Of Canada in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $225.00.

Institutional Trading of Royal Bank Of Canada

Several hedge funds and other institutional investors have recently bought and sold shares of RY. BCV Asset Management Inc. purchased a new position in Royal Bank Of Canada during the 4th quarter worth $136,790,000. Zurich Insurance Group Ltd FI purchased a new stake in Royal Bank Of Canada in the fourth quarter valued at about $121,792,000. AQR Capital Management LLC boosted its holdings in Royal Bank Of Canada by 780.7% in the fourth quarter. AQR Capital Management LLC now owns 698,900 shares of the financial services provider's stock worth $119,151,000 after acquiring an additional 619,547 shares in the last quarter. Amundi boosted its holdings in Royal Bank Of Canada by 30.6% in the fourth quarter. Amundi now owns 2,283,367 shares of the financial services provider's stock worth $389,291,000 after acquiring an additional 535,437 shares in the last quarter. Finally, Two Sigma Investments LP grew its stake in shares of Royal Bank Of Canada by 342.7% during the third quarter. Two Sigma Investments LP now owns 543,320 shares of the financial services provider's stock worth $80,042,000 after acquiring an additional 420,595 shares during the last quarter. Hedge funds and other institutional investors own 45.31% of the company's stock.

Royal Bank Of Canada Company Profile

Royal Bank of Canada NYSE: RY is a diversified financial services company and one of Canada's largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.

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