ROYAL BANK OF CANADA
At today's price, ROYAL BANK OF CANADA (RY) is priced for 19.1% return on equity. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Royal Bank is the most diversified of the Canadian banks, earning across personal and commercial banking, capital markets, wealth management, and insurance, so a soft quarter in any one line can be carried by the others, a spread the more domestically concentrated peers do not have. • The price is the risk: at just over three times book value, the richest price-to-book in its peer group, it embeds a sustained return on equity above the roughly 14.6 percent the bank has earned on a trailing bas
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913 institutional managers reported holding RY in 13F filings for the quarter ended 2026-03-31. Together they hold about 43% of the company; the top 10 hold 24%. 92 opened new positions that quarter. Held by Vanguard Group, Geode Capital, FMR (Fidelity), among others. On the short side, 6.8M shares were sold short as of the 2026-06-15 count, about 0.5% of shares outstanding (4.2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
RY has cut its share count 1.8% over the past five years. It pays no dividend.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Last analyzed: July 19, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.