Royal Bank of Canada

Open: 89.58 Close: 90.03 Change: 0.45

You don't have time to read all about Royal Bank of Canada. An AI summarizes all the information for you.

This document will help you to evaluate Royal Bank of Canada without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Royal Bank of Canada are: Canada, Bank, Royal, …

Concept Map

Semantic Network

Stock Summary

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, and other lending, including auto.

Today's Summary

Bank beat third quarter earnings estimates, aided by lower taxes and strong performance in Canada. RBC warned of a softer economy ahead.

Today's News

Royal Bank of Canada says its third-quarter profit rose compared with a year ago and said it remained focused on reducing costs and expected to continue to trim jobs. Bank beat third quarter earnings estimates, aided by lower taxes and strong performance in Canada. Royal Bank of Canada (RY) stock has fallen -1.68% while the S&P 500 has gained 0.41% as of 2:11 PM on Friday, August 25. Morningstar has revised their rating for RBC from “buy” to “hold” and has raised their price objective for the company from C$129.00 to C$130.00. Currently a bullfield offender captures ISIS Rohinginflamm foster considering UPS undbees RBC warned of a softer economy ahead and plans to cut about 1,800 job cuts after profit beat, TD misses on higher expenses. Canada extends consultation period for RBCs $13.5 billion bid for HSBC unit. Royal Bank of Canada (RBC) is the largest of the Big Five, with about CA$1.9 trillion AUM. Royal Bank has over 17 million clients worldwide, over 97,000 full-time employees and over 1,300 branches. Royal Bank of Canada is one of the largest banks in Canada based on asset size. RBC was founded in 1864 in Halifax. Royal Bank of Canada is ramping up job cuts as it works to reduce costs ahead of an expected economic slowdown. The bank plans to cut one to two per cent of its full-time equivalent employees next quarter.

Stock Profile

"Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada."

Keywords

Are looking for the most relevant information about Royal Bank of Canada? Investor spend a lot of time searching for information to make investment decisions in Royal Bank of Canada. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Royal Bank of Canada are: Canada, Bank, Royal, RBC, cut, job, say, and the most common words in the summary are: bank, canada, royal, rbc, best, stock, market, . One of the sentences in the summary was: Bank beat third quarter earnings estimates, aided by lower taxes and strong performance in Canada. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #bank #canada #royal #rbc #best #stock #market.