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Royal Bank of Canada (RY) Competitors

Royal Bank of Canada logo
C$286.17 +0.97 (+0.34%)
As of 12:07 PM Eastern

RY vs. TD, BMO, BNS, CM, and NA

Should you buy Royal Bank of Canada stock or one of its competitors? Royal Bank of Canada's main competitors and comparable companies include Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), and National Bank of Canada (NA). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "diversified banks" industry.

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

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

Toronto-Dominion Bank pays an annual dividend of C$4.33 per share and has a dividend yield of 2.6%. Royal Bank of Canada pays an annual dividend of C$6.58 per share and has a dividend yield of 2.3%. Toronto-Dominion Bank pays out 46.4% of its earnings in the form of a dividend. Royal Bank of Canada pays out 41.5% 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 higher revenue and earnings than Toronto-Dominion Bank. Toronto-Dominion Bank 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
Toronto-Dominion BankC$65.07B4.24C$8.88BC$9.3418.02
Royal Bank of CanadaC$71.06B5.58C$16.24BC$15.8618.04

Toronto-Dominion Bank has a beta of 0.811086, meaning that its stock price is 19% less volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 0.944579, meaning that its stock price is 6% less volatile than the broader market.

Toronto-Dominion Bank presently has a consensus price target of C$171.08, suggesting a potential upside of 1.63%. Royal Bank of Canada has a consensus price target of C$292.86, suggesting a potential upside of 2.34%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, 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
Toronto-Dominion Bank
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.55
Royal Bank of Canada
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

Royal Bank of Canada has a net margin of 15.92% compared to Toronto-Dominion Bank's net margin of 14.36%. Royal Bank of Canada's return on equity of 16.11% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank14.36% 12.83% 0.43%
Royal Bank of Canada 15.92%16.11%0.80%

33.2% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 31.2% of Royal Bank of Canada 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Royal Bank of Canada. MarketBeat recorded 8 mentions for Toronto-Dominion Bank and 7 mentions for Royal Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.64 beat Royal Bank of Canada's score of -0.20 indicating that Toronto-Dominion Bank is being referred to more favorably in the media.

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

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?

Bank of Montreal (TSE:BMO) and Royal Bank of Canada (TSE:RY) 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, analyst recommendations, valuation, profitability, earnings, media sentiment, institutional ownership and risk.

31.0% of Bank of Montreal shares are held by institutional investors. Comparatively, 31.2% of Royal Bank of Canada shares are held by institutional investors. 0.0% of Bank of Montreal shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Bank of Montreal presently has a consensus price target of C$256.57, indicating a potential upside of 5.20%. Royal Bank of Canada has a consensus price target of C$292.86, indicating a potential upside of 2.34%. Given Bank of Montreal's higher possible upside, equities 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
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.46
Royal Bank of Canada
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

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
Bank of MontrealC$38.50B4.40C$7.28BC$12.2719.88
Royal Bank of CanadaC$71.06B5.58C$16.24BC$15.8618.04

Bank of Montreal has a beta of 1.115564, meaning that its share price is 12% more volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 0.944579, meaning that its share price is 6% less volatile than the broader market.

Bank of Montreal pays an annual dividend of C$6.68 per share and has a dividend yield of 2.7%. Royal Bank of Canada pays an annual dividend of C$6.58 per share and has a dividend yield of 2.3%. Bank of Montreal pays out 54.4% of its earnings in the form of a dividend. Royal Bank of Canada pays out 41.5% 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 a net margin of 15.92% compared to Bank of Montreal's net margin of 11.75%. Royal Bank of Canada's return on equity of 16.11% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Montreal11.75% 10.58% 0.50%
Royal Bank of Canada 15.92%16.11%0.80%

In the previous week, Bank of Montreal had 8 more articles in the media than Royal Bank of Canada. MarketBeat recorded 15 mentions for Bank of Montreal and 7 mentions for Royal Bank of Canada. Bank of Montreal's average media sentiment score of 0.34 beat Royal Bank of Canada's score of -0.20 indicating that Bank of Montreal is being referred to more favorably in the media.

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

Summary

Royal Bank of Canada beats Bank of Montreal on 12 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 finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, earnings, dividends, institutional ownership, media sentiment, profitability and analyst recommendations.

Royal Bank of Canada has a beta of 0.944579, indicating that its share price is 6% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.269387, indicating that its share price is 27% more volatile than the broader market.

31.2% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 27.3% 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Royal Bank of Canada and Royal Bank of Canada both had 7 articles in the media. Bank of Nova Scotia's average media sentiment score of 0.41 beat Royal Bank of Canada's score of -0.20 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.

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

Royal Bank of Canada currently has a consensus price target of C$292.86, suggesting a potential upside of 2.34%. Bank of Nova Scotia has a consensus price target of C$129.50, suggesting a potential downside of 0.40%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, research analysts plainly believe Royal Bank of Canada is more favorable than Bank of Nova Scotia.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Bank of Nova Scotia
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.50

Royal Bank of Canada has a net margin of 15.92% compared to Bank of Nova Scotia's net margin of 14.08%. Royal Bank of Canada's return on equity of 16.11% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada15.92% 16.11% 0.80%
Bank of Nova Scotia 14.08%11.41%0.55%

Royal Bank of Canada pays an annual dividend of C$6.58 per share and has a dividend yield of 2.3%. Bank of Nova Scotia pays an annual dividend of C$4.44 per share and has a dividend yield of 3.4%. Royal Bank of Canada pays out 41.5% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 58.0% 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.

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$71.06B5.58C$16.24BC$15.8618.04
Bank of Nova ScotiaC$39.39B4.02C$7.73BC$7.6517.00

Summary

Royal Bank of Canada beats Bank of Nova Scotia on 13 of the 17 factors compared between the two stocks.

How does Royal Bank of Canada compare to Canadian Imperial Bank of Commerce?

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

Canadian Imperial Bank of Commerce presently has a consensus price target of C$167.79, indicating a potential upside of 5.07%. Royal Bank of Canada has a consensus price target of C$292.86, indicating a potential upside of 2.34%. Given Canadian Imperial Bank of Commerce's higher possible upside, equities research analysts clearly believe Canadian Imperial Bank of Commerce is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Imperial Bank of Commerce
0 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.42
Royal Bank of Canada
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

Canadian Imperial Bank of Commerce has a net margin of 16.13% compared to Royal Bank of Canada's net margin of 15.92%. Royal Bank of Canada's return on equity of 16.11% beat Canadian Imperial Bank of Commerce's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce16.13% 15.44% 0.69%
Royal Bank of Canada 15.92%16.11%0.80%

30.0% of Canadian Imperial Bank of Commerce shares are owned by institutional investors. Comparatively, 31.2% of Royal Bank of Canada shares are owned by institutional investors. 0.0% of Canadian Imperial Bank of Commerce shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Canadian Imperial Bank of Commerce pays an annual dividend of C$4.18 per share and has a dividend yield of 2.6%. Royal Bank of Canada pays an annual dividend of C$6.58 per share and has a dividend yield of 2.3%. Canadian Imperial Bank of Commerce pays out 40.1% of its earnings in the form of a dividend. Royal Bank of Canada pays out 41.5% 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. Canadian Imperial Bank of Commerce is clearly the better dividend stock, given its higher yield and lower payout ratio.

Royal Bank of Canada has higher revenue and earnings than Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce 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
Canadian Imperial Bank of CommerceC$32.17B4.53C$7.07BC$10.4215.33
Royal Bank of CanadaC$71.06B5.58C$16.24BC$15.8618.04

Canadian Imperial Bank of Commerce has a beta of 1.258994, suggesting that its share price is 26% more volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 0.944579, suggesting that its share price is 6% less volatile than the broader market.

In the previous week, Royal Bank of Canada had 5 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 7 mentions for Royal Bank of Canada and 2 mentions for Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce's average media sentiment score of 0.53 beat Royal Bank of Canada's score of -0.20 indicating that Canadian Imperial Bank of Commerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Imperial Bank of Commerce
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Royal Bank of Canada beats Canadian Imperial Bank of Commerce on 12 of the 19 factors compared between the two stocks.

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

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

National Bank of Canada presently has a consensus target price of C$218.50, indicating a potential upside of 2.31%. Royal Bank of Canada has a consensus target price of C$292.86, indicating a potential upside of 2.34%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, analysts clearly believe Royal Bank of Canada is more favorable than National Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Bank of Canada
0 Sell rating(s)
8 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.27
Royal Bank of Canada
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

Royal Bank of Canada has a net margin of 15.92% compared to National Bank of Canada's net margin of 14.92%. Royal Bank of Canada's return on equity of 16.11% beat National Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
National Bank of Canada14.92% 14.36% 0.83%
Royal Bank of Canada 15.92%16.11%0.80%

36.1% of National Bank of Canada shares are held by institutional investors. Comparatively, 31.2% of Royal Bank of Canada shares are held by institutional investors. 0.2% of National Bank of Canada shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

National Bank of Canada pays an annual dividend of C$4.98 per share and has a dividend yield of 2.3%. Royal Bank of Canada pays an annual dividend of C$6.58 per share and has a dividend yield of 2.3%. National Bank of Canada pays out 41.6% of its earnings in the form of a dividend. Royal Bank of Canada pays out 41.5% 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 higher revenue and earnings than National Bank of Canada. National Bank of Canada 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
National Bank of CanadaC$15.53B5.27C$4.38BC$11.9617.86
Royal Bank of CanadaC$71.06B5.58C$16.24BC$15.8618.04

In the previous week, Royal Bank of Canada had 3 more articles in the media than National Bank of Canada. MarketBeat recorded 7 mentions for Royal Bank of Canada and 4 mentions for National Bank of Canada. National Bank of Canada's average media sentiment score of 0.48 beat Royal Bank of Canada's score of -0.20 indicating that National Bank of Canada is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Bank of Canada
0 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Royal Bank of Canada
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

National Bank of Canada has a beta of 1.208867, suggesting that its share price is 21% more volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 0.944579, suggesting that its share price is 6% less volatile than the broader market.

Summary

Royal Bank of Canada beats National Bank of Canada on 13 of the 19 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 IndustryFinance SectorTSE Exchange
Market CapC$396.18BC$23.91BC$14.00BC$12.62B
Dividend Yield2.47%3.16%5.95%6.28%
P/E Ratio18.0427.1725.5339.49
Price / Sales5.589.40510.689.29
Price / Cash0.2416.1230.3082.29
Price / Book2.741.382.754.64
Net IncomeC$16.24BC$2.58BC$1.32BC$299.09M
7 Day Performance-1.82%-0.49%-1.24%-1.54%
1 Month Performance-4.83%-0.31%-0.33%-1.61%
1 Year Performance43.35%23.58%8.21%23.05%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
1.905 of 5 stars
C$286.17
+0.3%
C$292.86
+2.3%
+42.9%C$396.18BC$71.06B18.04101,269
TD
Toronto-Dominion Bank
2.0404 of 5 stars
C$168.24
flat
C$171.08
+1.7%
+57.8%C$275.66BC$65.07B18.0193,700
BMO
Bank of Montreal
3.5217 of 5 stars
C$242.76
flat
C$256.57
+5.7%
+38.6%C$168.74BC$38.50B19.7846,700
BNS
Bank of Nova Scotia
1.9132 of 5 stars
C$129.65
flat
C$129.50
-0.1%
+47.7%C$158.02BC$39.39B16.9591,000
CM
Canadian Imperial Bank of Commerce
2.2159 of 5 stars
C$162.75
flat
C$167.79
+3.1%
+45.0%C$148.56BC$32.17B15.6248,552

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This page (TSE:RY) was last updated on 9/14/2026 by MarketBeat.com Staff.
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