BAC vs. RY: Bank of America vs. Royal Bank of Canada Stock Comparison
How do Bank of America (BAC) and Royal Bank of Canada (RY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
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.
| Profile Item | BAC | RY |
|---|---|---|
| Name | Bank of America Corporation | Royal Bank of Canada |
| Country/Region | United States | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 404.36 billion USD | 287.62 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | October 16, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Performance Metrics
| Metric | BAC | RY |
|---|---|---|
| Total Return (1Y) | 23.04% | 59.76% |
Risk Profile
Drawdown History
Risk Metrics
| Metric | BAC | RY |
|---|---|---|
| Volatility (1Y, Annualized) | 21.61% | 15.03% |
| Beta (5Y) | 1.17 | 0.80 |
| Avg. Volume (3M) | 36.24M | 1.61M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
Royal Bank of Canada (RY) at 16.20% sits in the top ROE quartile, while Bank of America (BAC) at 10.64% is closer to the peer norm — stronger capital efficiency for RY.
BAC
Banks industry group
10.64%
- Max
- 19.15%
- Q3
- 13.03%
- Median
- 10.82%
- BAC
- 10.64%
- Q1
- 8.56%
- Min
- 3.15%
RY
Banks industry group
16.20%
- Max
- 19.15%
- RY
- 16.20%
- Q3
- 13.03%
- Median
- 10.82%
- Q1
- 8.56%
- Min
- 3.15%
Net Margin (TTM)
Both Bank of America (BAC) at 28.96% and Royal Bank of Canada (RY) at 33.69% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BAC
Banks industry group
28.96%
- Max
- 47.55%
- Q3
- 34.56%
- Median
- 30.17%
- BAC
- 28.96%
- Q1
- 25.36%
- Min
- 12.11%
RY
Banks industry group
33.69%
- Max
- 47.55%
- Q3
- 34.56%
- RY
- 33.69%
- Median
- 30.17%
- Q1
- 25.36%
- Min
- 12.11%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Bank of America (BAC) in Banks and Royal Bank of Canada (RY) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BAC | RY |
|---|---|---|
| ROE (TTM) | 10.64% | 16.20% |
| ROA (TTM) | 0.93% | 0.96% |
| Net Margin (TTM) | 28.96% | 33.69% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | BAC | RY |
|---|---|---|
| Revenue Growth (YoY) | 6.84% | 15.73% |
| Revenue Growth (3Y CAGR) | 6.00% | 10.90% |
EPS Growth
EPS Growth Metrics
| Metric | BAC | RY |
|---|---|---|
| EPS Growth (YoY) | 18.69% | -- |
| EPS Growth (3Y CAGR) | 6.10% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Bank of America (BAC) in Banks and Royal Bank of Canada (RY) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Bank of America (BAC) in Banks and Royal Bank of Canada (RY) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | BAC | RY |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Bank of America (BAC) at 1.90% and Royal Bank of Canada (RY) at 3.11% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
BAC
Banks industry group
1.90%
- Max
- 5.31%
- Q3
- 3.21%
- Median
- 2.34%
- BAC
- 1.90%
- Q1
- 1.29%
- Min
- 0.00%
RY
Banks industry group
3.11%
- Max
- 5.31%
- Q3
- 3.21%
- RY
- 3.11%
- Median
- 2.34%
- Q1
- 1.29%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Bank of America (BAC) at 27.30% and Royal Bank of Canada (RY) at 41.35% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
BAC
Banks industry group
27.30%
- Max
- 74.88%
- Q3
- 42.43%
- Median
- 28.93%
- BAC
- 27.30%
- Q1
- 19.66%
- Min
- 0.00%
RY
Banks industry group
41.35%
- Max
- 74.88%
- Q3
- 42.43%
- RY
- 41.35%
- Median
- 28.93%
- Q1
- 19.66%
- Min
- 0.00%
Dividend Metrics
| Metric | BAC | RY |
|---|---|---|
| Dividend Yield (TTM) | 1.90% | 3.11% |
| Dividend Payout Ratio (TTM) | 27.30% | 41.35% |
Valuation
P/E Ratio (TTM)
Bank of America (BAC) at 14.14 is near its industry’s usual P/E ratio, while Royal Bank of Canada (RY) at 19.11 sits in the richer quartile — RY needs stronger growth or earnings quality to justify the premium.
BAC
Banks industry group
14.14
- Max
- 20.85
- Q3
- 15.72
- BAC
- 14.14
- Median
- 13.20
- Q1
- 11.71
- Min
- 6.98
RY
Banks industry group
19.11
- Max
- 20.85
- RY
- 19.11
- Q3
- 15.72
- Median
- 13.20
- Q1
- 11.71
- Min
- 6.98
P/S Ratio (TTM)
P/S ratio is set aside for both Bank of America (BAC) in Banks and Royal Bank of Canada (RY) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
Bank of America (BAC) at 1.47 sits near its industry’s typical P/B ratio, while Royal Bank of Canada (RY) at 3.10 prices above its benchmark range — RY looks rich relative to book.
BAC
Banks industry group
1.47
- Max
- 2.27
- Q3
- 1.61
- BAC
- 1.47
- Median
- 1.34
- Q1
- 1.15
- Min
- 0.67
RY
Banks industry group
3.10
- RY
- 3.10
- Max
- 2.27
- Q3
- 1.61
- Median
- 1.34
- Q1
- 1.15
- Min
- 0.67
Valuation Metrics
| Metric | BAC | RY |
|---|---|---|
| P/E Ratio (TTM) | 14.14 | 19.11 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.47 | 3.10 |
| Free Cash Flow Yield (TTM) | -- | -- |