B
Buy 4/18/2022Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B from A- on 4/18/2022 due to a major decline in the total return index and volatility index.
A
Buy 3/21/2022Upgraded
Royal Bank of Canada (RY.TO) was upgraded to A- from B+ on 3/21/2022 due to an increase in the volatility index and valuation index.
B
Buy 2/28/2022Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B+ from B on 2/28/2022 due to a large increase in the total return index, growth index and volatility index. Earnings per share increased from $2.1242 to $2.243, and total revenue increased 2.1% from $10.03B to $10.24B.
B
Buy 8/4/2021Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B from B- on 8/4/2021 due to a major increase in the solvency index, total return index and growth index. Operating cash flow increased 227.14% from -$9.21B to $11.71B, debt to equity declined from 4.67 to 4.09, and earnings per share increased from $2.0668 to $2.192.
B
Buy 4/5/2021Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B- from B on 4/5/2021 due to a decline in the volatility index and valuation index.
B
Buy 3/19/2021Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B from B- on 3/19/2021 due to a major increase in the growth index, total return index and volatility index. Total revenue increased 23.62% from $8.07B to $9.97B, and earnings per share increased from $1.6833 to $2.0668.
B
Buy 12/10/2020Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B- from C+ on 12/10/2020 due to an increase in the efficiency index, total return index and volatility index. Net income increased 4.96% from $2.34B to $2.46B, and total capital increased 1.11% from $63.13B to $63.82B.
C
Hold 11/10/2020Upgraded
Royal Bank of Canada (RY.TO) was upgraded to C+ from C on 11/10/2020 due to an increase in the volatility index and valuation index.
C
Hold 10/26/2020Downgrade
Royal Bank of Canada (RY.TO) was downgraded to C from C+ on 10/26/2020 due to a decline in the volatility index and valuation index.
C
Hold 9/28/2020Upgraded
Royal Bank of Canada (RY.TO) was upgraded to C+ from C on 9/28/2020 due to a significant increase in the growth index, solvency index and volatility index. Operating cash flow increased 239.19% from -$11.08B to $15.43B, earnings per share increased from $0.7239 to $1.6074, and total revenue increased 64.44% from $5.45B to $8.96B.
C
Hold 8/19/2020Upgraded
Royal Bank of Canada (RY.TO) was upgraded to C from C- on 8/19/2020 due to an increase in the volatility index and total return index.
C
Hold 5/29/2020Downgrade
Royal Bank of Canada (RY.TO) was downgraded to C- from C on 5/29/2020 due to a noticeable decline in the total return index, growth index and valuation index. Operating cash flow declined 638.72% from $2.06B to -$11.08B, earnings per share declined from $1.8253 to $0.7239, and total revenue declined 42.23% from $9.43B to $5.45B.
C
Hold 3/23/2020Downgrade
Royal Bank of Canada (RY.TO) was downgraded to C from C+ on 3/23/2020 due to a decline in the volatility index and total return index.
C
Hold 3/12/2020Downgrade
Royal Bank of Canada (RY.TO) was downgraded to C+ from B- on 3/12/2020 due to a noticeable decline in the volatility index and total return index.
B
Buy 3/6/2020Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B- from B on 3/6/2020 due to a significant decline in the growth index, volatility index and total return index. Operating cash flow declined 49.89% from $4.11B to $2.06B.
B
Buy 6/24/2019Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B from B+ on 6/24/2019 due to a decline in the volatility index and total return index.
B
Buy 5/24/2019Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B+ from B on 5/24/2019 due to a large increase in the volatility index, total return index and solvency index. Debt to equity declined from 4.2 to 4.18.
B
Buy 1/23/2019Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B from B- on 1/23/2019 due to an increase in the total return index.
B
Buy 1/8/2019Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B- from B on 1/8/2019 due to a large decline in the volatility index, total return index and solvency index. Debt to equity increased from 3.82 to 4.2.
B
Buy 11/1/2018Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B from B+ on 11/1/2018 due to a decline in the total return index and volatility index.
B
Buy 10/5/2018Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B+ from B on 10/5/2018 due to a large increase in the volatility index, total return index and solvency index. Debt to equity declined from 3.94 to 3.82.
B
Buy 4/24/2018Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B from B- on 4/24/2018 due to an increase in the volatility index, valuation index and dividend index.
B
Buy 4/9/2018Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B- from B on 4/9/2018 due to a significant decline in the total return index, growth index and efficiency index. Total revenue declined 2.12% from $8.47B to $8.29B.
B
Buy 2/24/2017Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B from B- on 2/24/2017 due to a substantial increase in the growth index, total return index and valuation index. Earnings per share increased from $1.2588 to $1.4783, and total revenue increased 2.19% from $6.79B to $6.94B.
B
Buy 2/13/2017Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B- from B on 2/13/2017 due to a decline in the volatility index, valuation index and dividend index.
B
Buy 12/28/2016Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B from B- on 12/28/2016 due to a noticeable increase in the total return index, solvency index and volatility index. Debt to equity declined from 4.13 to 3.65.
B
Buy 10/3/2016Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B- from B on 10/3/2016 due to a decline in the volatility index, solvency index and valuation index. Debt to equity increased from 3.46 to 4.13.
B
Buy 5/27/2016Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B from B- on 5/27/2016 due to a large increase in the growth index, volatility index and solvency index. Operating cash flow increased 260.1% from -$17.49B to $28B, debt to equity declined from 3.92 to 3.46, and earnings per share increased from $1.1559 to $1.2551.
B
Buy 5/24/2016Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B- from C+ on 5/24/2016 due to a noticeable increase in the volatility index, total return index and valuation index.
C
Hold 4/28/2016Upgraded
Royal Bank of Canada (RY.TO) was upgraded to C+ from C on 4/28/2016 due to an increase in the volatility index and total return index.
C
Hold 3/2/2016Downgrade
Royal Bank of Canada (RY.TO) was downgraded to C from C+ on 3/2/2016 due to a decline in the total return index.
C
Hold 2/26/2016Downgrade
Royal Bank of Canada (RY.TO) was downgraded to C+ from B- on 2/26/2016 due to a decline in the growth index, valuation index and total return index. Operating cash flow declined 4,902.86% from $364.11M to -$17.49B, and earnings per share declined from $1.321 to $1.1559.
B
Buy 1/15/2016Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B- from B on 1/15/2016 due to a large decline in the volatility index, total return index and growth index. Operating cash flow declined 101.65% from -$22.12B to $364.11M, total revenue declined 14.22% from $6.86B to $5.89B, and earnings per share declined from $1.3294 to $1.321.
B
Buy 3/4/2015Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B from B+ on 3/4/2015 due to a noticeable decline in the solvency index, volatility index and growth index. Debt to equity increased from 3.38 to 5.14, and earnings per share declined from $1.4206 to $1.4165.
B
Buy 2/17/2015Upgraded
Royal Bank of Canada (RY.TO) was upgraded to B+ from B on 2/17/2015 due to an increase in the volatility index and total return index.
B
Buy 1/30/2015Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B from B+ on 1/30/2015 due to a noticeable decline in the volatility index and total return index.
B
Buy 1/9/2015Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B+ from A- on 1/9/2015 due to a large decline in the growth index, total return index and volatility index.
A
Buy 12/4/2014Downgrade
Royal Bank of Canada (RY.TO) was downgraded to A- from A on 12/4/2014 due to a substantial decline in the growth index, solvency index and valuation index. Operating cash flow declined 824.38% from -$5.76B to $41.72B, total revenue declined 9.23% from $8.04B to $7.29B, and debt to equity increased from 3.15 to 3.38.
A
Buy 8/26/2014Upgraded
Royal Bank of Canada (RY.TO) was upgraded to A from B+ on 8/26/2014 due to a major increase in the growth index, volatility index and total return index. Total revenue increased 10.62% from $7.26B to $8.04B, and earnings per share increased from $1.3273 to $1.4666.
B
Buy 8/11/2014Downgrade
Royal Bank of Canada (RY.TO) was downgraded to B+ from A- on 8/11/2014 due to a decline in the volatility index and valuation index.
A
Buy 7/28/2014Downgrade
Royal Bank of Canada (RY.TO) was downgraded to A- from A on 7/28/2014 due to a decline in the valuation index and dividend index.
A
Buy 7/9/2014Upgraded
Royal Bank of Canada (RY.TO) was upgraded to A from A- on 7/9/2014 due to an increase in the volatility index and total return index.
A
Buy 6/23/2014Downgrade
Royal Bank of Canada (RY.TO) was downgraded to A- from A on 6/23/2014 due to a decline in the efficiency index, volatility index and valuation index.
A
Buy 3/17/2014Upgraded
Royal Bank of Canada (RY.TO) was upgraded to A from A- on 3/17/2014 due to a noticeable increase in the volatility index, growth index and efficiency index. Operating cash flow increased 397.7% from -$5.98B to -$29.78B, and total revenue increased 3.74% from $7.36B to $7.64B.
Weiss Ratings