TD overtakes RBC for first time in 6 years, becoming Canada’s premium bank [Financial Post (Toronto, Ontario, Canada)]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
rbc.com/investorrelations/index.html
Company Research
Source: Financial Post
TD overtakes RBC for first time in 6 years, becoming Canada's premium bank Toronto-Dominion's returns more than doubled its rival, eliminating the premium Royal Bank shares enjoyed for the better part of a decade Royal Bank’s pain is TD’s gain. Shares of Royal Bank of Canada are losing ground to its biggest rival, Toronto-Dominion Bank, which rose to a record on Wednesday. Toronto-Dominion’s returns more than doubled its Canadian competitor in the past year, eliminating the premium Royal Bank shares enjoyed for the better part of a decade. “The pendulum has swung a bit more negative on Royal Bank,” John Aiken, an analyst with Barclays Plc, said in an interview. “There’s no one definitive thing that says Royal’s outlook is now being tarnished relative to TD’s. It just looks like we’re getting a shifting preference in the marketplace.” Royal Bank’s stock valuation, measured by share price to tangible book value, has tended to carry a premium over other Canadian banks for the past decade
Show less
Read more
Impact Snapshot
Event Time:
RY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RY alerts
High impacting Royal Bank Of Canada news events
Weekly update
A roundup of the hottest topics
RY
News
- RBC economist Robert Hogue on where housing prices are heading - and why affordability won't make a quick return [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Australian Jobs Surprisingly Fall, Giving RBA Scope for Patience [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Royal Bank of Canada announces NVCC AT1 Limited Recourse Capital Notes issue [Yahoo! Finance]Yahoo! Finance
- Royal Bank of Canada announces NVCC AT1 Limited Recourse Capital Notes issuePR Newswire
- Green Rise Foods Announces Full Year 2023 Financial Results and 2024 Crop Update [Yahoo! Finance]Yahoo! Finance
RY
Earnings
- 2/28/24 - Beat
RY
Sec Filings
- 4/18/24 - Form 424B2
- 4/18/24 - Form 424B2
- 4/18/24 - Form 424B2
- RY's page on the SEC website