David McKay - Royal Bank President, Chief Executive Officer, Director
RY Stock | CAD 136.23 1.51 1.12% |
CEO
Mr. David I. McKay is President, Chief Executive Officer, Director of the Company. Prior to his appointment in 2014, he was group head, Personal Commercial Banking from 2012 to 2014 and group head, Canadian Banking from 2008 to 2012. Mr. McKay started his career at RBC in 1988 and has held progressively senior roles since then. He serves on the Board of Trustees for the Hospital for Sick Children and is a member of the Catalyst Canada advisory board and the Business Council of Canada. He is also industry cochair of the Business Higher Learning Roundtable since 2014.
Age | 61 |
Tenure | 10 years |
Professional Marks | MBA |
Address | Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5 |
Phone | 888 212 5533 |
Web | https://www.rbc.com |
Royal Bank Management Efficiency
As of the 28th of March 2024, Return On Equity is likely to grow to 0.12, while Return On Capital Employed is likely to drop 0.01. At this time, Royal Bank's Asset Turnover is very stable compared to the past year. Royal Bank's management efficiency ratios could be used to measure how well Royal Bank manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
Showing other executives | CEO Age | ||
William George | Sprott Inc | 66 | |
Luc Fortin | TMX Group Limited | N/A | |
John McKenzie | TMX Group Limited | N/A | |
Michael Durland | Bank Of Nova | 48 | |
Daniel Daviau | Canaccord Genuity Group | 60 | |
Larry Richman | Canadian Imperial Bank | 63 | |
Brian Porter | Bank Of Nova | 60 | |
Victor Dodig | Canadian Imperial Bank | 58 | |
Lou Eccleston | TMX Group Limited | 60 | |
Marcus Freeman | Canaccord Genuity Group | N/A | |
Nicholas Thadaney | TMX Group Limited | N/A | |
Alexis Rosnay | Canaccord Genuity Group | N/A | |
Michael Capatides | Canadian Imperial Bank | N/A | |
Peter Grosskopf | Sprott Inc | 54 | |
Nicholas Russell | Canaccord Genuity Group | N/A | |
Louis Eccleston | TMX Group Limited | 60 | |
David Esfandi | Canaccord Genuity Group | N/A | |
Arthur Rule | Sprott Inc | 66 | |
BCom AMP | Bank Of Nova | 66 | |
Stephen CFA | Alaris Equity Partners | N/A | |
Alain Miquelon | TMX Group Limited | N/A |
Management Performance
Return On Equity | 0.14 | ||||
Return On Asset | 0.0078 |
Royal Bank Leadership Team
Elected by the shareholders, the Royal Bank's board of directors comprises two types of representatives: Royal Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Royal. The board's role is to monitor Royal Bank's management team and ensure that shareholders' interests are well served. Royal Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Royal Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Amy Cairncross, Senior Communications | ||
Zabeen Hirji, Chief Human Resource Officer | ||
Jacynthe Cote, Independent Director | ||
Gay Mitchell, Deputy Management | ||
Bruce Ross, Group Head of Technology and Operations | ||
Helena Gottschling, Chief Human Resource Officer | ||
Andrew Chisholm, Independent Director | ||
Timothy Hearn, Independent Director | ||
William Beattie, Independent Director | ||
A McGregor, Group Head - Capital Markets and Investor & Treasury Services | ||
Pedro Reinhard, Independent Director | ||
Maryann Turcke, Independent Director | ||
Maria Douvas, Chief Officer | ||
Edward Sonshine, Independent Director | ||
Michael Dobbins, Chief Strategy & Corporate Development Officer | ||
Kelly Pereira, Chief Officer | ||
Doug Guzman, Group Head - Wealth Management and Insurance | ||
Mike Dobbins, Head - Strategy and Corporate Development | ||
David Denison, Independent Director | ||
Derek CFA, Group Markets | ||
V Young, Independent Director | ||
Thierry Vandal, Independent Director | ||
Heather MunroeBlum, Independent Director | ||
Jennifer Tory, Group Head - Personal & Commercial Banking | ||
Kathleen Taylor, Non-Executive Chairman of the Board | ||
Christoph Knoess, Chief Administrative Officer | ||
Asim Imran, VP Relations | ||
Janice Fukakusa, CFO, Chief Administrative Officer | ||
Jeffery Yabuki, Independent Director | ||
Frank Vettese, Independent Director | ||
Neil McLaughlin, Group Head, Personal & Commercial Banking | ||
David McKay, President, Chief Executive Officer, Director | ||
Nadine Ahn, Chief Officer | ||
Richard George, Independent Director | ||
Michael McCain, Independent Director | ||
Rod Bolger, Chief Financial Officer | ||
Thomas Renyi, Independent Director | ||
Mark Hughes, Chief Risk Officer | ||
Douglas Guzman, Group Head - Wealth Management and Insurance | ||
Derek Neldner, Group Head and Chief Executive Officer - Capital Markets | ||
Bridget Kralingen, Independent Director | ||
Toos Daruvala, Independent Director | ||
Douglas McGregor, Group Head of Capital Markets and Investor and Treasury Services, Chairman of FBC Capital Markets and CEO of RBC Capital Markets | ||
Alice Laberge, Independent Director | ||
George Lewis, Group Head - Wealth Management and Insurance | ||
Graeme Hepworth, Deputy Chief Risk Officer |
Royal Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Royal Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.14 | ||||
Return On Asset | 0.0078 | ||||
Profit Margin | 0.29 % | ||||
Operating Margin | 0.37 % | ||||
Current Valuation | (32.63 B) | ||||
Shares Outstanding | 1.41 B | ||||
Shares Owned By Institutions | 51.38 % | ||||
Number Of Shares Shorted | 12.01 M | ||||
Price To Earning | 16.69 X | ||||
Price To Book | 1.76 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Royal Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Royal Bank's short interest history, or implied volatility extrapolated from Royal Bank options trading.
Currently Active Assets on Macroaxis
When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Royal Stock, please use our How to Invest in Royal Bank guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Royal Stock analysis
When running Royal Bank's price analysis, check to measure Royal Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.
Money Managers Screen money managers from public funds and ETFs managed around the world | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Stocks Directory Find actively traded stocks across global markets |