Royal Bank Of Canada (RY) news

RBC: KBW raises target price to C$324 from C$316

On August 30, 2026, Keefe, Bruyette & Woods (KBW) raised its price target for Royal Bank of Canada (RY) to C$324 from C$316, maintaining a "Hold" rating for the stock. This adjustment reflects KBW’s updated outlook on RY’s performance, with the new target representing 14.64% upside from current…

RBC focused on organic growth first over M&A, McKay says

Royal Bank of Canada (RBC) CEO David McKay has emphasized a strategic shift toward organic growth over mergers and acquisitions (M&A) as the bank navigates evolving market conditions in 2026. Speaking at a recent industry event, McKay outlined RBC’s commitment to expanding through internal…

RBC CEO says well positioned to navigate near-term uncertainty

Royal Bank of Canada (RBC) CEO Dave McKay has stated that the bank is well positioned to navigate near-term economic uncertainty, despite potential headwinds from global trade tensions and shifting market conditions. Speaking at RBC’s investor day, McKay acknowledged that some of the bank’s…

Royal Bank of Canada CEO says the implementation of the recently announced tariffs could impact about 40 basis points of Canadian GDP, with a larger impact on certain sectors and provinces

Royal Bank of Canada Q3 provision for credit losses CAD 1,000 million