Bullboard - Stock Discussion Forum Royal Bank of Canada T.RY.PR.M

Primary Symbol: T.RY Alternate Symbol(s): T.RY.PR.H | T.RY.PR.J | T.RY.PR.N | RBMCF | T.RY.PR.O | T.RY.PR.S | RBCPF | RYLBF | RY

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations... see more

Add To Watchlist

TSX:RY - Post Discussion

Royal Bank of Canada > Another Top Pick

View:

Post by retiredcf on Dec 17, 2022 6:59am

Another Top Pick

Second stock in the clip; she and her family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/christine-poole-s-top-picks~2585881

Royal Bank of Canada (RY TSX)

Royal Bank’s diversified business mix consists of personal and commercial lending (40 per cent of earnings), capital markets (19 per cent), wealth management and insurance (37 per cent) as well as investor and treasury services (four per cent). Geographically, Canada accounts for 58 per cent of revenues, the U.S. 25 per cent and international 17 per cent. The stock provides investors with a current dividend yield of 4.1 per cent.

TOP PICK

Royal Bank(RY-T)

15/12/2022 at 07:00pm

Investing in company with recent selloff in the market. Diverse business mix with wealth management, loan growth, commercial banking etc. Recent acquisitions working out well. Current valuation a historical discount (P/E etc.). Loan provisions and capital ratios very strong. Strong dividend with room for growth.

Banks

Christine Poole

$127.960

Owned

420