Royal Bank Of Canada Share Price

Share Price
$ 110.80 (-0.37%)
52 Week High
$ 111.49
52 Week Low
$ 77.90
All Time High
$ 119.41
Last Updated
18 July 2024

Royal Bank of Canada (RBC) stands as a cornerstone of Canada’s financial landscape, tracing its roots back to 1864.

With headquarters in Toronto, RBC has expanded globally, serving over 16 million clients in over 35 countries.

RBC operates through five main segments:

  1. Personal & Commercial Banking
  2. Wealth Management
  3. Insurance
  4. Investor & Treasury Services
  5. Capital Markets.

While some broad principles like long-term focus and diversification apply to all sectors, it’s crucial to remember that the banking sector has unique characteristics and risks:

  • Regulation: Banks are heavily regulated, which can impact their profitability and growth potential – from September 2014 to January 2016 (by nearly 40%) owing to the implementation of stricter capital requirements by Canadian regulators.
  • Economic sensitivity: Bank performance is closely tied to the overall economic climate, making them more susceptible to economic downturns – the fall of RBC’s share in 2002 (nearly 40%), in 2008 (by 65%), and then in 2019-20 (again by 40%).
  • Interest rates: Fluctuations in interest rates can significantly affect bank profitability. From January 2016 to January 2018, RBC’s share price increased by nearly 90%, and higher interest rates generally translated to better profit margins for banks.

Royal Bank Of Canada Share Price History

Year Share Price Gain / Loss
1995 $ 2.88
1996 $ 4.38 + 52.1%
1997 $ 6.62 + 51.1%
1998 $ 6.25 - 5.6%
1999 $ 5.52 - 11.7%
2000 $ 16.94 + 206.9%
2001 $ 16.29 - 3.8%
2002 $ 18.37 + 12.8%
2003 $ 23.84 + 29.8%
2004 $ 26.72 + 12.1%
2005 $ 38.99 + 45.9%
2006 $ 47.65 + 22.2%
2007 $ 51.04 + 7.1%
2008 $ 29.66 - 41.9%
2009 $ 53.55 + 80.5%
2010 $ 52.36 - 2.2%
2011 $ 50.96 - 2.7%
2012 $ 60.30 + 18.3%
2013 $ 67.23 + 11.5%
2014 $ 69.07 + 2.7%
2015 $ 53.38 - 22.7%
2016 $ 67.71 + 26.8%
2017 $ 81.65 + 20.6%
2018 $ 68.52 - 16.1%
2019 $ 79.20 + 15.6%
2020 $ 82.06 + 3.6%
2021 $ 106.14 + 29.3%
2022 $ 94.02 - 11.4%
2023 $ 101.13 + 7.6%
2024 $ 110.80 + 9.6%

Royal Bank Of Canada Share Price Chart

Royal Bank Of Canada Share Price Click here for high resolution Royal Bank Of Canada Share Price chart

Royal Bank Of Canada Share Returns Calculator

Enter any amount in the 'Investment amount' field and select a year.

The Royal Bank Of Canada calculator will tell you the value of your Royal Bank Of Canada investment in 2024.

Invested Amount

Investment Year

  • During 1995, the share price of Royal Bank Of Canada was $ 2.88.
  • If you had bought shares worth $ 2500 in 1995, you would have 8681 shares today.
  • At the end of 2024, the current value of your shares would be $ 961806.

Royal Bank Of Canada Share Returns Comparison

Invested Amount

Investment Year

Other Investment

Interest Rate

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top