Argus
•
Apr 02, 2025
Royal Bank of Canada: Investor day recap
Summary
The Royal Bank of Canada is one of Canada’s largest banks. It is also one of the largest banks in the world, with a market capitalization of $161 billion. The company has 95,000 employees and nearly 1,300 banking branches in 29 countries.
Our rating on the Financial sector is Over-Weight. We look for a recovery in fee-based businesses, bond issuance, and M&A as the rate cycle winds
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Analyst Profile
Stephen Biggar
Director of Financial Institutions Research
Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of equity research for S&P Capital IQ. He holds a degree in economics from Rutgers University.
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