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Royal Bank of Canada (RY) Competitors

Royal Bank of Canada logo
C$284.13 +1.51 (+0.53%)
As of 10:59 AM Eastern

RY vs. TD, BMO, CM, BNS, 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), Canadian Imperial Bank of Commerce (CM), Bank of Nova Scotia (BNS), 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 investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, risk, media sentiment, valuation, dividends and profitability.

33.0% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 30.8% of Royal Bank of Canada shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Royal Bank of Canada has a net margin of 18.40% compared to Toronto-Dominion Bank's net margin of 13.21%. 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
Toronto-Dominion Bank13.21% 11.85% 0.43%
Royal Bank of Canada 18.40%15.95%0.80%

Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.6%. Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. Toronto-Dominion Bank pays out 50.0% 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.

Toronto-Dominion Bank has a beta of 0.875794, meaning that its stock price is 12% less volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.052381, meaning that its stock price is 5% more volatile than the broader market.

In the previous week, Toronto-Dominion Bank had 3 more articles in the media than Royal Bank of Canada. MarketBeat recorded 15 mentions for Toronto-Dominion Bank and 12 mentions for Royal Bank of Canada. Royal Bank of Canada's average media sentiment score of 0.42 beat Toronto-Dominion Bank's score of 0.40 indicating that Royal Bank of Canada is being referred to more favorably in the news media.

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

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
Toronto-Dominion BankC$63.78B4.23C$8.88BC$8.5219.15
Royal Bank of CanadaC$69.51B5.68C$16.24BC$15.3818.47

Toronto-Dominion Bank currently has a consensus price target of C$164.15, suggesting a potential upside of 0.63%. Royal Bank of Canada has a consensus price target of C$286.07, suggesting a potential upside of 0.68%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, analysts clearly 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

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 investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, media sentiment, analyst recommendations, valuation, risk and institutional ownership.

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
Bank of Montreal12.63% 11.25% 0.50%
Royal Bank of Canada 18.40%15.95%0.80%

Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.8%. Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. Bank of Montreal pays out 50.7% 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, Bank of Montreal had 6 more articles in the media than Royal Bank of Canada. MarketBeat recorded 18 mentions for Bank of Montreal and 12 mentions for Royal Bank of Canada. Royal Bank of Canada's average media sentiment score of 0.42 beat Bank of Montreal's score of 0.09 indicating that Royal Bank of Canada is being referred to more favorably in the news media.

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

Bank of Montreal presently has a consensus price target of C$249.00, indicating a potential upside of 4.78%. Royal Bank of Canada has a consensus price target of C$286.07, indicating a potential upside of 0.68%. Given Bank of Montreal's higher probable 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
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
6 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

Bank of Montreal has a beta of 1.21817, suggesting that its share price is 22% more volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.052381, suggesting that its share price is 5% more volatile than the broader market.

Royal Bank of Canada has higher revenue and earnings than Bank of Montreal. Bank of Montreal 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
Bank of MontrealC$37.54B4.43C$7.28BC$13.0218.25
Royal Bank of CanadaC$69.51B5.68C$16.24BC$15.3818.47

30.6% of Bank of Montreal shares are held by institutional investors. Comparatively, 30.8% of Royal Bank of Canada shares are held by institutional investors. 0.0% of Bank of Montreal shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

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 Canadian Imperial Bank of Commerce?

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

Canadian Imperial Bank of Commerce has a net margin of 18.44% compared to Royal Bank of Canada's net margin of 18.40%. Royal Bank of Canada's return on equity of 15.95% beat Canadian Imperial Bank of Commerce's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada18.40% 15.95% 0.80%
Canadian Imperial Bank of Commerce 18.44%15.24%0.69%

30.8% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 30.1% of Canadian Imperial Bank of Commerce shares are held by institutional investors. 0.0% of Canadian Imperial Bank of Commerce shares are held 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.

Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. Canadian Imperial Bank of Commerce pays an annual dividend of C$4.08 per share and has a dividend yield of 2.5%. Royal Bank of Canada pays out 41.4% of its earnings in the form of a dividend. Canadian Imperial Bank of Commerce pays out 40.5% 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 a beta of 1.052381, indicating that its share price is 5% more volatile than the broader market. Comparatively, Canadian Imperial Bank of Commerce has a beta of 1.395418, indicating that its share price is 40% more volatile than the broader market.

In the previous week, Royal Bank of Canada had 4 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 12 mentions for Royal Bank of Canada and 8 mentions for Canadian Imperial Bank of Commerce. Royal Bank of Canada's average media sentiment score of 0.42 beat Canadian Imperial Bank of Commerce's score of 0.40 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
2 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Imperial Bank of Commerce
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Royal Bank of Canada currently has a consensus target price of C$286.07, indicating a potential upside of 0.68%. Canadian Imperial Bank of Commerce has a consensus target price of C$165.46, indicating a potential upside of 2.46%. Given Canadian Imperial Bank of Commerce's higher probable upside, analysts plainly 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
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
0 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.42

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
Royal Bank of CanadaC$69.51B5.68C$16.24BC$15.3818.47
Canadian Imperial Bank of CommerceC$31.06B4.75C$7.07BC$10.0816.02

Summary

Royal Bank of Canada beats Canadian Imperial Bank of Commerce on 13 of the 19 factors compared between the two stocks.

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

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

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
Bank of Nova ScotiaC$38.40B3.98C$7.73BC$7.2517.31
Royal Bank of CanadaC$69.51B5.68C$16.24BC$15.3818.47

Bank of Nova Scotia currently has a consensus target price of C$121.64, indicating a potential downside of 3.08%. Royal Bank of Canada has a consensus target price of C$286.07, indicating a potential upside of 0.68%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, 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
Bank of Nova Scotia
0 Sell rating(s)
10 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.17
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 pays an annual dividend of C$4.40 per share and has a dividend yield of 3.5%. Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. Bank of Nova Scotia pays out 60.7% 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.

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
Bank of Nova Scotia15.64% 11.06% 0.55%
Royal Bank of Canada 18.40%15.95%0.80%

Bank of Nova Scotia has a beta of 1.295029, suggesting that its stock price is 30% more volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.052381, suggesting that its stock price is 5% more volatile than the broader market.

27.9% of Bank of Nova Scotia shares are held by institutional investors. Comparatively, 30.8% of Royal Bank of Canada 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, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Bank of Nova Scotia had 2 more articles in the media than Royal Bank of Canada. MarketBeat recorded 14 mentions for Bank of Nova Scotia and 12 mentions for Royal Bank of Canada. Bank of Nova Scotia's average media sentiment score of 0.47 beat Royal Bank of Canada's score of 0.42 indicating that Bank of Nova Scotia is being referred to more favorably in the media.

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

Summary

Royal Bank of Canada beats Bank of Nova Scotia on 14 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 stock? We will compare the two companies based on the strength of their risk, media sentiment, dividends, institutional ownership, earnings, analyst recommendations, profitability and valuation.

Royal Bank of Canada has higher revenue and earnings than National Bank of Canada. Royal Bank of Canada is trading at a lower price-to-earnings ratio than National 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$14.92B5.67C$4.38BC$11.3019.44
Royal Bank of CanadaC$69.51B5.68C$16.24BC$15.3818.47

In the previous week, Royal Bank of Canada had 2 more articles in the media than National Bank of Canada. MarketBeat recorded 12 mentions for Royal Bank of Canada and 10 mentions for National Bank of Canada. National Bank of Canada's average media sentiment score of 0.93 beat Royal Bank of Canada's score of 0.42 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
4 Very Positive mention(s)
1 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)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

National Bank of Canada pays an annual dividend of C$4.84 per share and has a dividend yield of 2.2%. Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. National Bank of Canada pays out 42.8% 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. Royal Bank of Canada is clearly the better dividend stock, given its higher yield and lower payout ratio.

National Bank of Canada currently has a consensus price target of C$211.63, suggesting a potential downside of 3.66%. Royal Bank of Canada has a consensus price target of C$286.07, suggesting a potential upside of 0.68%. 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)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36
Royal Bank of Canada
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

36.2% of National Bank of Canada shares are held by institutional investors. Comparatively, 30.8% of Royal Bank of Canada shares are held by institutional investors. 0.2% of National Bank of Canada shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Royal Bank of Canada has a net margin of 18.40% compared to National Bank of Canada's net margin of 16.87%. Royal Bank of Canada's return on equity of 15.95% beat National Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
National Bank of Canada16.87% 13.77% 0.83%
Royal Bank of Canada 18.40%15.95%0.80%

National Bank of Canada has a beta of 1.34951, suggesting that its share price is 35% more volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.052381, suggesting that its share price is 5% more volatile than the broader market.

Summary

Royal Bank of Canada beats National Bank of Canada on 12 of the 18 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$394.84BC$23.45BC$13.98BC$12.59B
Dividend Yield2.49%3.19%5.89%6.22%
P/E Ratio18.4727.5029.6339.12
Price / Sales5.689.54511.4810.25
Price / Cash0.2416.0930.7182.29
Price / Book2.811.372.874.81
Net IncomeC$16.24BC$2.58BC$1.31BC$299.09M
7 Day Performance-4.09%-0.62%1.16%1.62%
1 Month Performance-3.69%1.47%2.78%5.39%
1 Year Performance50.43%23.35%11.46%34.99%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
2.1241 of 5 stars
C$284.13
+0.5%
C$286.07
+0.7%
+48.2%C$394.84BC$69.51B18.4791,400
TD
Toronto-Dominion Bank
2.2524 of 5 stars
C$172.52
-0.1%
C$159.17
-7.7%
+56.9%C$285.01BC$63.78B20.2593,700
BMO
Bank of Montreal
3.3713 of 5 stars
C$257.05
-0.3%
C$239.75
-6.7%
+50.4%C$180.04BC$37.54B19.7446,700
CM
Canadian Imperial Bank of Commerce
2.3552 of 5 stars
C$171.36
-0.2%
C$160.95
-6.1%
+57.3%C$156.42BC$31.06B17.0048,552
BNS
Bank of Nova Scotia
1.9854 of 5 stars
C$126.70
-0.2%
C$117.00
-7.7%
+50.9%C$154.46BC$38.40B17.4891,000

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This page (TSE:RY) was last updated on 8/25/2026 by MarketBeat.com Staff.
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