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Bank of America (BAC) vs. Royal Bank of Canada (RY)

This page compares Bank of America (BAC) with Royal Bank of Canada (RY) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.

Company Profile

Bank of America (BAC) and Royal Bank of Canada (RY) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

SymbolBACRY
Company NameBank of America CorporationRoyal Bank of Canada
Country/RegionUnited StatesCanada
GICS SectorFinancialsFinancials
GICS Industry GroupBanksBanks
GICS IndustryBanksBanks
GICS Sub-IndustryDiversified BanksDiversified Banks
Market Capitalization359.80 billion USD255.20 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973October 16, 1995
Security TypeCommon StockCommon Stock

Historical Performance

BAC
RY
Loading price history…
Bank of America (BAC) vs. Royal Bank of Canada (RY): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Historical Performance at a Glance

SymbolBACRY
5-Day Price Return1.73%1.06%
13-Week Price Return-3.87%9.33%
26-Week Price Return-5.46%22.11%
52-Week Price Return13.25%43.61%
Month-to-Date Return-5.16%3.36%
Year-to-Date Return-7.82%7.92%
10-Day Avg. Volume35.03M3.89M
3-Month Avg. Volume39.69M3.80M
3-Month Volatility24.41%16.00%
Beta1.240.63

Profitability

Return on Equity (TTM)

Royal Bank of Canada (RY) at 15.37% ranks in the top quartile for Return on Equity (TTM), ahead of Bank of America (BAC) at 10.50%, which sits closer to the industry mid-range.

BAC

Banks industry group

10.50%

Max
19.43%
Q3
13.59%
Median
10.42%
Q1
8.86%
Min
4.22%

RY

Banks industry group

15.37%

Max
19.43%
Q3
13.59%
Median
10.42%
Q1
8.86%
Min
4.22%
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Return on Equity (TTM) against the Banks industry group benchmark.

Net Profit Margin (TTM)

Both Bank of America (BAC) at 30.16% and Royal Bank of Canada (RY) at 26.26% post Net Profit Margin (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on net profitability.

BAC

Banks industry group

30.16%

Max
45.10%
Q3
33.38%
Median
28.75%
Q1
23.67%
Min
9.48%

RY

Banks industry group

26.26%

Max
45.10%
Q3
33.38%
Median
28.75%
Q1
23.67%
Min
9.48%
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Net Profit Margin (TTM) against the Banks industry group benchmark.

Operating Profit Margin (TTM)

Operating Profit Margin (TTM) isn’t a meaningful figure for either Bank of America (BAC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.

BAC

Banks industry group

32.74%

Max
59.75%
Q3
42.28%
Median
36.16%
Q1
30.13%
Min
12.28%

RY

Banks industry group

34.59%

Max
59.75%
Q3
42.28%
Median
36.16%
Q1
30.13%
Min
12.28%
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Operating Profit Margin (TTM) against the Banks industry group benchmark.

Profitability at a Glance

SymbolBACRY
Return on Equity (TTM)10.50%15.37%
Return on Assets (TTM)0.92%0.92%
Net Profit Margin (TTM)30.16%26.26%
Operating Profit Margin (TTM)32.74%34.59%
Gross Profit Margin (TTM)----

Financial Strength

Current Ratio (MRQ)

Current Ratio (MRQ) isn’t a meaningful figure for either Bank of America (BAC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.

BAC

Banks industry group

--

Max
0.20
Q3
0.16
Median
0.13
Q1
0.09
Min
0.06

RY

Banks industry group

--

Max
0.20
Q3
0.16
Median
0.13
Q1
0.09
Min
0.06
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Current Ratio (MRQ) against the Banks industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Debt-to-Equity Ratio (MRQ) isn’t a meaningful figure for either Bank of America (BAC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.

BAC

Banks industry group

2.45

Max
2.32
Q3
0.99
Median
0.21
Q1
0.10
Min
0.00

RY

Banks industry group

2.49

Max
2.32
Q3
0.99
Median
0.21
Q1
0.10
Min
0.00
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Debt-to-Equity Ratio (MRQ) against the Banks industry group benchmark.

Interest Coverage Ratio (TTM)

Interest Coverage Ratio (TTM) isn’t a meaningful figure for either Bank of America (BAC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.

BAC

Banks industry group

--

Max
1.51
Q3
0.91
Median
0.30
Q1
-0.30
Min
-0.91

RY

Banks industry group

--

Max
1.51
Q3
0.91
Median
0.30
Q1
-0.30
Min
-0.91
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Interest Coverage Ratio (TTM) against the Banks industry group benchmark.

Financial Strength at a Glance

SymbolBACRY
Current Ratio (MRQ)----
Quick Ratio (MRQ)----
Debt-to-Equity Ratio (MRQ)2.452.49
Interest Coverage Ratio (TTM)----

Growth

Revenue Growth

Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

SymbolBACRY
Revenue Growth (MRQ vs Prior YoY)71.37%112.67%
Revenue Growth (TTM vs Prior YoY)99.37%135.31%
3-Year Revenue CAGR0.62%-0.46%
5-Year Revenue CAGR4.74%8.67%

EPS Growth

Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

SymbolBACRY
EPS Growth (MRQ vs Prior YoY)22.19%13.95%
EPS Growth (TTM vs Prior YoY)18.65%18.99%
3-Year EPS CAGR5.63%8.76%
5-Year EPS CAGR14.32%12.55%

Dividend

Dividend Yield (TTM)

Both Bank of America (BAC) at 2.66% and Royal Bank of Canada (RY) at 2.55% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.

BAC

Banks industry group

2.66%

Max
5.97%
Q3
3.66%
Median
2.90%
Q1
2.08%
Min
0.00%

RY

Banks industry group

2.55%

Max
5.97%
Q3
3.66%
Median
2.90%
Q1
2.08%
Min
0.00%
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Dividend Yield (TTM) against the Banks industry group benchmark.

Dividend Payout Ratio (TTM)

Both Bank of America (BAC) at 30.40% and Royal Bank of Canada (RY) at 42.80% maintain Dividend Payout Ratio (TTM) around their industries’ median — balanced dividend policy on both sides, returning cash while leaving part of reported earnings available for reinvestment or balance-sheet flexibility.

BAC

Banks industry group

30.40%

Max
82.25%
Q3
49.73%
Median
36.98%
Q1
27.46%
Min
0.00%

RY

Banks industry group

42.80%

Max
82.25%
Q3
49.73%
Median
36.98%
Q1
27.46%
Min
0.00%
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Dividend Payout Ratio (TTM) against the Banks industry group benchmark.

Dividend at a Glance

SymbolBACRY
Dividend Yield (TTM)2.66%2.55%
Dividend Payout Ratio (TTM)30.40%42.80%

Valuation

Price-to-Earnings Ratio (TTM)

Bank of America (BAC) at 11.44 carries typical industry Price-to-Earnings Ratio (TTM), while Royal Bank of Canada (RY) at 16.78 sits in the higher-multiple quartile — RY carries a higher trailing earnings multiple relative to peers.

BAC

Banks industry group

11.44

Max
20.82
Q3
14.78
Median
11.87
Q1
10.36
Min
5.23

RY

Banks industry group

16.78

Max
20.82
Q3
14.78
Median
11.87
Q1
10.36
Min
5.23
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Price-to-Earnings Ratio (TTM) against the Banks industry group benchmark.

Price-to-Sales Ratio (TTM)

Price-to-Sales Ratio (TTM) isn’t a meaningful figure for either Bank of America (BAC) in Banks or Royal Bank of Canada (RY) in Banks under our convention.

BAC

Banks industry group

2.33

Max
4.88
Q3
3.19
Median
2.36
Q1
1.99
Min
0.52

RY

Banks industry group

3.00

Max
4.88
Q3
3.19
Median
2.36
Q1
1.99
Min
0.52
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Price-to-Sales Ratio (TTM) against the Banks industry group benchmark.

Price-to-Book Ratio (MRQ)

Bank of America (BAC) at 1.16 hovers around the typical industry Price-to-Book Ratio (MRQ), while Royal Bank of Canada (RY) at 2.31 sits above its industry benchmark range — an elevated book-value multiple for RY relative to peers.

BAC

Banks industry group

1.16

Max
2.17
Q3
1.47
Median
1.16
Q1
1.00
Min
0.57

RY

Banks industry group

2.31

Max
2.17
Q3
1.47
Median
1.16
Q1
1.00
Min
0.57
Bank of America (BAC) vs. Royal Bank of Canada (RY): A comparison of their Price-to-Book Ratio (MRQ) against the Banks industry group benchmark.

Valuation at a Glance

SymbolBACRY
Price-to-Earnings Ratio (TTM)11.4416.78
Price-to-Sales Ratio (TTM)2.333.00
Price-to-Book Ratio (MRQ)1.162.31
Price-to-Free Cash Flow Ratio (TTM)4.094.69