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Royal Bank of Canada (RY) Competitors

Royal Bank of Canada logo
C$267.70 +1.89 (+0.71%)
As of 10:04 AM Eastern

RY vs. TD, BMO, BNS, FFH, and HUT

Should you buy Royal Bank of Canada stock or one of its competitors? MarketBeat compares Royal Bank of Canada with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Royal Bank of Canada include Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Fairfax Financial (FFH), and Hut 8 (HUT). These companies are all part of the "banking" industry.

How does Royal Bank of Canada compare to Toronto-Dominion Bank?

Royal Bank of Canada (TSE:RY) and Toronto-Dominion Bank (TSE:TD) are both large-cap financial services companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, profitability, dividends, institutional ownership, valuation, analyst recommendations, earnings and media sentiment.

Royal Bank of Canada presently has a consensus target price of C$260.27, suggesting a potential downside of 2.78%. Toronto-Dominion Bank has a consensus target price of C$149.75, suggesting a potential downside of 4.73%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, equities analysts plainly believe Royal Bank of Canada is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60

30.5% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 32.6% of Toronto-Dominion Bank shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of CanadaC$69.51B5.35C$16.24BC$15.3817.41
Toronto-Dominion BankC$63.78B4.11C$8.88BC$8.5218.45

Royal Bank of Canada has a net margin of 18.40% compared to Toronto-Dominion Bank's net margin of 13.24%. Royal Bank of Canada's return on equity of 15.95% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada18.40% 15.95% 0.80%
Toronto-Dominion Bank 13.24%11.85%0.43%

Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.4%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.7%. Royal Bank of Canada pays out 41.4% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 50.0% 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.

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Royal Bank of Canada. MarketBeat recorded 23 mentions for Toronto-Dominion Bank and 22 mentions for Royal Bank of Canada. Royal Bank of Canada's average media sentiment score of 0.72 beat Toronto-Dominion Bank's score of 0.64 indicating that Royal Bank of Canada is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
5 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto-Dominion Bank
3 Very Positive mention(s)
3 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Royal Bank of Canada has a beta of 1.143972, indicating that its stock price is 14% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.918491, indicating that its stock price is 8% less volatile than the broader market.

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 14 of the 19 factors compared between the two stocks.

How does Royal Bank of Canada compare to Bank of Montreal?

Royal Bank of Canada (TSE:RY) and Bank of Montreal (TSE:BMO) are both large-cap financial services companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, analyst recommendations, valuation, media sentiment, institutional ownership, risk, earnings and dividends.

Royal Bank of Canada presently has a consensus target price of C$260.27, suggesting a potential downside of 2.78%. Bank of Montreal has a consensus target price of C$223.13, suggesting a potential downside of 1.92%. Given Bank of Montreal's higher possible upside, analysts plainly believe Bank of Montreal is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83
Bank of Montreal
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.45

Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.4%. Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.9%. Royal Bank of Canada pays out 41.4% of its earnings in the form of a dividend. Bank of Montreal pays out 50.7% 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.

30.5% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 29.8% of Bank of Montreal shares are owned by institutional investors. 0.0% of Bank of Montreal shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Royal Bank of Canada has a net margin of 18.40% compared to Bank of Montreal's net margin of 12.63%. Royal Bank of Canada's return on equity of 15.95% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada18.40% 15.95% 0.80%
Bank of Montreal 12.63%11.25%0.50%

In the previous week, Royal Bank of Canada had 3 more articles in the media than Bank of Montreal. MarketBeat recorded 22 mentions for Royal Bank of Canada and 19 mentions for Bank of Montreal. Royal Bank of Canada's average media sentiment score of 0.72 beat Bank of Montreal's score of 0.44 indicating that Royal Bank of Canada is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
5 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Montreal
2 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of CanadaC$69.51B5.35C$16.24BC$15.3817.41
Bank of MontrealC$37.54B4.27C$7.28BC$13.0217.47

Royal Bank of Canada has a beta of 1.143972, meaning that its share price is 14% more volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.248765, meaning that its share price is 25% more volatile than the broader market.

Summary

Royal Bank of Canada beats Bank of Montreal on 14 of the 19 factors compared between the two stocks.

How does Royal Bank of Canada compare to Bank of Nova Scotia?

Royal Bank of Canada (TSE:RY) and Bank of Nova Scotia (TSE:BNS) are both large-cap financial services companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, media sentiment, analyst recommendations, dividends, valuation, risk, institutional ownership and earnings.

In the previous week, Royal Bank of Canada had 10 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 22 mentions for Royal Bank of Canada and 12 mentions for Bank of Nova Scotia. Royal Bank of Canada's average media sentiment score of 0.72 beat Bank of Nova Scotia's score of 0.60 indicating that Royal Bank of Canada is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
5 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
0 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Royal Bank of Canada has a net margin of 18.40% compared to Bank of Nova Scotia's net margin of 15.64%. Royal Bank of Canada's return on equity of 15.95% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada18.40% 15.95% 0.80%
Bank of Nova Scotia 15.64%11.06%0.55%

Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.4%. Bank of Nova Scotia pays an annual dividend of C$4.40 per share and has a dividend yield of 3.9%. Royal Bank of Canada pays out 41.4% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.7% 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 currently has a consensus price target of C$260.27, suggesting a potential downside of 2.78%. Bank of Nova Scotia has a consensus price target of C$110.54, suggesting a potential downside of 1.59%. Given Bank of Nova Scotia's higher probable upside, analysts plainly believe Bank of Nova Scotia is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83
Bank of Nova Scotia
0 Sell rating(s)
9 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.10

30.5% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 27.2% of Bank of Nova Scotia shares are held by institutional investors. 0.0% of Bank of Nova Scotia shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Royal Bank of Canada has a beta of 1.143972, meaning that its stock price is 14% more volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.226256, meaning that its stock price is 23% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of CanadaC$69.51B5.35C$16.24BC$15.3817.41
Bank of Nova ScotiaC$38.40B3.59C$7.73BC$7.2515.49

Summary

Royal Bank of Canada beats Bank of Nova Scotia on 15 of the 19 factors compared between the two stocks.

How does Royal Bank of Canada compare to Fairfax Financial?

Fairfax Financial (TSE:FFH) and Royal Bank of Canada (TSE:RY) are both large-cap financial services companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, earnings, institutional ownership, media sentiment and dividends.

33.9% of Fairfax Financial shares are held by institutional investors. Comparatively, 30.5% of Royal Bank of Canada shares are held by institutional investors. 3.8% of Fairfax Financial shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fairfax FinancialC$29.34B1.61C$2.94BC$202.1910.88
Royal Bank of CanadaC$69.51B5.35C$16.24BC$15.3817.41

Fairfax Financial currently has a consensus target price of C$2,793.50, indicating a potential upside of 26.98%. Royal Bank of Canada has a consensus target price of C$260.27, indicating a potential downside of 2.78%. Given Fairfax Financial's higher probable upside, analysts plainly believe Fairfax Financial is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fairfax Financial
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83

Fairfax Financial has a beta of 0.335839, suggesting that its share price is 66% less volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.143972, suggesting that its share price is 14% more volatile than the broader market.

Fairfax Financial pays an annual dividend of C$15.00 per share and has a dividend yield of 0.7%. Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.4%. Fairfax Financial pays out 7.4% of its earnings in the form of a dividend. Royal Bank of Canada pays out 41.4% 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.

In the previous week, Royal Bank of Canada had 18 more articles in the media than Fairfax Financial. MarketBeat recorded 22 mentions for Royal Bank of Canada and 4 mentions for Fairfax Financial. Fairfax Financial's average media sentiment score of 0.84 beat Royal Bank of Canada's score of 0.72 indicating that Fairfax Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fairfax Financial
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Royal Bank of Canada
5 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Royal Bank of Canada has a net margin of 18.40% compared to Fairfax Financial's net margin of 15.41%. Fairfax Financial's return on equity of 17.32% beat Royal Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
Fairfax Financial15.41% 17.32% 4.27%
Royal Bank of Canada 18.40%15.95%0.80%

Summary

Royal Bank of Canada beats Fairfax Financial on 11 of the 19 factors compared between the two stocks.

How does Royal Bank of Canada compare to Hut 8?

Royal Bank of Canada (TSE:RY) and Hut 8 (TSE:HUT) are both large-cap financial services companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, risk, earnings, institutional ownership, media sentiment, analyst recommendations, profitability and dividends.

In the previous week, Royal Bank of Canada had 20 more articles in the media than Hut 8. MarketBeat recorded 22 mentions for Royal Bank of Canada and 2 mentions for Hut 8. Royal Bank of Canada's average media sentiment score of 0.72 beat Hut 8's score of 0.33 indicating that Royal Bank of Canada is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
5 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hut 8
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Royal Bank of Canada has a beta of 1.143972, indicating that its share price is 14% more volatile than the broader market. Comparatively, Hut 8 has a beta of 4.581835, indicating that its share price is 358% more volatile than the broader market.

Royal Bank of Canada has a net margin of 18.40% compared to Hut 8's net margin of -109.77%. Royal Bank of Canada's return on equity of 15.95% beat Hut 8's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada18.40% 15.95% 0.80%
Hut 8 -109.77%-20.57%-4.25%

Royal Bank of Canada has higher revenue and earnings than Hut 8. Hut 8 is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of CanadaC$69.51B5.35C$16.24BC$15.3817.41
Hut 8C$284.32M67.56C$193.22M-C$2.82N/A

30.5% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 37.7% of Hut 8 shares are held by institutional investors. 60.2% of Hut 8 shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Royal Bank of Canada presently has a consensus target price of C$260.27, suggesting a potential downside of 2.78%. Given Royal Bank of Canada's higher probable upside, equities research analysts clearly believe Royal Bank of Canada is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83
Hut 8
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
3 Strong Buy rating(s)
3.75

Summary

Royal Bank of Canada beats Hut 8 on 11 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RY 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 TSE 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 CanadaBanks IndustryFinancial SectorTSE Exchange
Market CapC$372.02BC$143.60BC$5.70BC$12.15B
Dividend Yield2.70%3.80%5.28%6.21%
P/E Ratio17.4117.3316.3237.63
Price / Sales5.3586.871,118.2111.22
Price / Cash0.241.2791.3282.29
Price / Book2.651.726.504.58
Net IncomeC$16.24BC$10.30BC$1.14BC$299.09M
7 Day Performance2.75%0.23%0.13%0.16%
1 Month PerformanceN/AN/A-7.02%17.50%
1 Year Performance53.63%43.45%19.49%50.92%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
1.9738 of 5 stars
C$267.70
+0.7%
C$260.27
-2.8%
+52.0%C$372.02BC$69.51B17.4191,400
TD
Toronto-Dominion Bank
1.7097 of 5 stars
C$156.56
+1.2%
C$144.96
-7.4%
+62.7%C$261.27BC$62.88B12.6893,700
BMO
Bank of Montreal
2.45 of 5 stars
C$224.53
+0.9%
C$213.58
-4.9%
+52.4%C$158.28BC$36.68B18.7146,700
BNS
Bank of Nova Scotia
1.8599 of 5 stars
C$110.98
+0.6%
C$107.77
-2.9%
+52.3%C$136.66BC$37.72B16.4791,000
FFH
Fairfax Financial
3.9037 of 5 stars
C$2,250.09
+0.9%
C$2,793.50
+24.2%
-5.9%C$48.26BC$29.34B11.1319,300

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This page (TSE:RY) was last updated on 6/4/2026 by MarketBeat.com Staff.
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