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Royal Bank of Canada (RY) Competitors

Royal Bank of Canada logo
C$249.85 +3.02 (+1.22%)
As of 12:52 PM Eastern

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

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 Keyera (KEY). These companies are all part of the "banking" 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 financial services companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, dividends, media sentiment, valuation and risk.

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

Toronto-Dominion Bank presently has a consensus target price of C$141.38, indicating a potential downside of 4.31%. Royal Bank of Canada has a consensus target price of C$248.04, indicating a potential downside of 0.73%. Given Royal Bank of Canada's stronger consensus rating and higher possible 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)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
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 pays an annual dividend of C$4.23 per share and has a dividend yield of 2.9%. Royal Bank of Canada pays an annual dividend of C$6.20 per share and has a dividend yield of 2.5%. Toronto-Dominion Bank pays out 34.3% of its earnings in the form of a dividend. Royal Bank of Canada pays out 42.6% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

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$62.88B3.92C$8.88BC$12.3511.96
Royal Bank of CanadaC$67.74B5.13C$16.24BC$14.5617.16

Royal Bank of Canada has a net margin of 20.88% compared to Toronto-Dominion Bank's net margin of 19.11%. Toronto-Dominion Bank's return on equity of 17.26% beat Royal Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank19.11% 17.26% 0.43%
Royal Bank of Canada 20.88%15.37%0.80%

32.7% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 30.1% of Royal Bank of Canada shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Royal Bank of Canada had 2 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 5 mentions for Royal Bank of Canada and 3 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.58 beat Royal Bank of Canada's score of 0.18 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
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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 13 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 financial services companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk, media sentiment and dividends.

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

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$36.68B4.01C$7.28BC$12.0017.40
Royal Bank of CanadaC$67.74B5.13C$16.24BC$14.5617.16

Bank of Montreal presently has a consensus target price of C$205.23, indicating a potential downside of 1.69%. Royal Bank of Canada has a consensus target price of C$248.04, indicating a potential downside of 0.73%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts clearly believe Royal Bank of Canada is more favorable than Bank of Montreal.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83

Royal Bank of Canada has a net margin of 20.88% compared to Bank of Montreal's net margin of 11.77%. Royal Bank of Canada's return on equity of 15.37% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Montreal11.77% 10.47% 0.50%
Royal Bank of Canada 20.88%15.37%0.80%

In the previous week, Royal Bank of Canada had 1 more articles in the media than Bank of Montreal. MarketBeat recorded 5 mentions for Royal Bank of Canada and 4 mentions for Bank of Montreal. Royal Bank of Canada's average media sentiment score of 0.18 beat Bank of Montreal's score of 0.11 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
1 Very Positive mention(s)
1 Positive mention(s)
0 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

29.9% of Bank of Montreal shares are owned by institutional investors. Comparatively, 30.1% of Royal Bank of Canada shares are owned by institutional investors. 0.0% of Bank of Montreal shares are owned 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.

Bank of Montreal pays an annual dividend of C$6.52 per share and has a dividend yield of 3.1%. Royal Bank of Canada pays an annual dividend of C$6.20 per share and has a dividend yield of 2.5%. Bank of Montreal pays out 54.3% of its earnings in the form of a dividend. Royal Bank of Canada pays out 42.6% 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.

Summary

Royal Bank of Canada beats Bank of Montreal on 15 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 financial services companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk, media sentiment and dividends.

Bank of Nova Scotia has a beta of 1.226256, suggesting that its stock price is 23% more volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.143972, suggesting that its stock price is 14% 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
Bank of Nova ScotiaC$37.72B3.44C$7.73BC$6.7415.65
Royal Bank of CanadaC$67.74B5.13C$16.24BC$14.5617.16

Bank of Nova Scotia presently has a consensus target price of C$106.85, indicating a potential upside of 1.30%. Royal Bank of Canada has a consensus target price of C$248.04, indicating a potential downside of 0.73%. Given Bank of Nova Scotia's higher possible upside, equities analysts clearly 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
Bank of Nova Scotia
0 Sell rating(s)
10 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.09
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83

Royal Bank of Canada has a net margin of 20.88% compared to Bank of Nova Scotia's net margin of 14.45%. Royal Bank of Canada's return on equity of 15.37% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia14.45% 10.41% 0.55%
Royal Bank of Canada 20.88%15.37%0.80%

In the previous week, Royal Bank of Canada had 1 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 5 mentions for Royal Bank of Canada and 4 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 0.94 beat Royal Bank of Canada's score of 0.18 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
2 Very Positive mention(s)
1 Positive mention(s)
0 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

27.4% of Bank of Nova Scotia shares are owned by institutional investors. Comparatively, 30.1% of Royal Bank of Canada shares are owned by institutional investors. 0.0% of Bank of Nova Scotia shares are owned 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.

Bank of Nova Scotia pays an annual dividend of C$4.36 per share and has a dividend yield of 4.1%. Royal Bank of Canada pays an annual dividend of C$6.20 per share and has a dividend yield of 2.5%. Bank of Nova Scotia pays out 64.7% of its earnings in the form of a dividend. Royal Bank of Canada pays out 42.6% 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.

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

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

33.8% of Fairfax Financial shares are owned by institutional investors. Comparatively, 30.1% of Royal Bank of Canada shares are owned by institutional investors. 3.8% of Fairfax Financial 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.

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$6.20 per share and has a dividend yield of 2.5%. Fairfax Financial pays out 7.4% of its earnings in the form of a dividend. Royal Bank of Canada pays out 42.6% 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 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$29.34B1.55C$2.94BC$202.1910.88
Royal Bank of CanadaC$67.74B5.13C$16.24BC$14.5617.16

Royal Bank of Canada has a net margin of 20.88% 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 20.88%15.37%0.80%

Fairfax Financial presently 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$248.04, indicating a potential downside of 0.73%. Given Fairfax Financial's higher probable upside, equities research 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

In the previous week, Royal Bank of Canada had 2 more articles in the media than Fairfax Financial. MarketBeat recorded 5 mentions for Royal Bank of Canada and 3 mentions for Fairfax Financial. Fairfax Financial's average media sentiment score of 0.40 beat Royal Bank of Canada's score of 0.18 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
0 Very Positive mention(s)
2 Positive mention(s)
0 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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 Keyera?

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

Keyera pays an annual dividend of C$2.12 per share and has a dividend yield of 3.9%. Royal Bank of Canada pays an annual dividend of C$6.20 per share and has a dividend yield of 2.5%. Keyera pays out 112.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Royal Bank of Canada pays out 42.6% of its earnings in the form of a dividend.

Keyera has a beta of 0.562662, meaning that its stock price is 44% less volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.143972, meaning that its stock price is 14% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
KeyeraC$6.85B1.83C$449.23MC$1.8928.95
Royal Bank of CanadaC$67.74B5.13C$16.24BC$14.5617.16

53.8% of Keyera shares are owned by institutional investors. Comparatively, 30.1% of Royal Bank of Canada shares are owned by institutional investors. 0.4% of Keyera 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 20.88% compared to Keyera's net margin of 6.34%. Keyera's return on equity of 15.39% beat Royal Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
Keyera6.34% 15.39% 6.15%
Royal Bank of Canada 20.88%15.37%0.80%

In the previous week, Keyera had 4 more articles in the media than Royal Bank of Canada. MarketBeat recorded 9 mentions for Keyera and 5 mentions for Royal Bank of Canada. Royal Bank of Canada's average media sentiment score of 0.18 beat Keyera's score of 0.13 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
Keyera
0 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Royal Bank of Canada
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Keyera presently has a consensus target price of C$54.08, indicating a potential downside of 1.15%. Royal Bank of Canada has a consensus target price of C$248.04, indicating a potential downside of 0.73%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, analysts plainly believe Royal Bank of Canada is more favorable than Keyera.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Keyera
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83

Summary

Royal Bank of Canada beats Keyera on 10 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$347.42BC$137.99BC$5.76BC$11.97B
Dividend Yield2.64%3.87%5.27%6.22%
P/E Ratio17.1617.7215.7937.09
Price / Sales5.1386.43933.8812.11
Price / Cash0.241.2390.3282.42
Price / Book2.501.694.404.62
Net IncomeC$16.24BC$10.30BC$1.15BC$299.62M
7 Day Performance0.89%-0.09%0.41%0.95%
1 Month Performance3.80%0.85%2.25%1.40%
1 Year Performance45.91%46.69%21.92%58.63%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RY
Royal Bank of Canada
1.7379 of 5 stars
C$249.85
+1.2%
C$248.04
-0.7%
+45.4%C$347.42BC$67.74B17.1691,400
TD
Toronto-Dominion Bank
1.8481 of 5 stars
C$144.54
-0.9%
C$139.67
-3.4%
+64.0%C$241.21BC$62.88B11.7093,700
BMO
Bank of Montreal
1.9778 of 5 stars
C$204.14
-1.6%
C$201.42
-1.3%
+45.1%C$143.90BC$36.68B17.0146,700
BNS
Bank of Nova Scotia
1.966 of 5 stars
C$104.29
-1.7%
C$106.08
+1.7%
+48.4%C$128.43BC$37.72B15.4791,000
FFH
Fairfax Financial
3.9844 of 5 stars
C$2,210.02
+1.8%
C$2,780.14
+25.8%
-0.1%C$47.40BC$29.34B10.9319,300

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This page (TSE:RY) was last updated on 5/14/2026 by MarketBeat.com Staff.
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