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RYRoyal Bank Of CanadaHold5.3·$210.59-0.70%

Royal Bank Of Canada (RY) Q2 2026 earnings — TrendMatrix coverage

BEAT+5.2% vs estimateEPS $4.28 vs $4.07 estVerdict Buy (Wait)Hold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$4.28
Estimate
$4.07
Surprise
+5.2%
Score at report (before → after)
5.75.6/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q2 2026

How the report landed

Royal Bank Of Canada (RY) beat the $4.07 estimate with diluted EPS of $4.28 — a clear 5.2% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.7/10) to Hold at 5.6/10 after the report — the engine's score fell despite the beat.

Current read · as of 2026-09-05

Where TrendMatrix's rating stands now

TrendMatrix currently rates RY Hold at 5.3/10.

4 of the last 4 quarters beat the estimate; this quarter's +5.2% surprise compares with a +5.6% four-quarter average. Next scheduled report: 2026-12-03.

What supports the rating

  • Sector modifier (Financial Services): +1.0
  • Strong earnings beat streak (4/4)

What argues against it

  • Analyst target reached - limited upside remaining
  • Near 52-week high (3.7% away)
  • V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$210.59
Price target
$242.18
Stop
$202.55
Upside to target
+15.0%

At 18.5× trailing and 16.2× forward earnings, consensus estimates imply little change in earnings power.

Model outputs from TrendMatrix’s engine as of 2026-09-05 — shown for context, not personalized investment advice.

Financial Services context

RY at TrendMatrix's latest read

For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.

Industry
Banks - Diversified
Market cap
$291.55B
P/E (fwd)
16.2
P/E (ttm)
18.5
52-week range
$143.13$218.57
Off 52-week high
3.7%
RSI (14)
40
Volume vs avg
0.42×
Score today
5.3/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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