RY vs. TFC: Royal Bank of Canada vs. Truist Financial Stock Comparison
How do Royal Bank of Canada (RY) and Truist Financial (TFC) 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
Royal Bank of Canada (RY) and Truist Financial (TFC) both belong to the Banks industry, though RY is classified under Diversified Banks while TFC falls under Regional Banks.
| Profile Item | RY | TFC |
|---|---|---|
| Name | Royal Bank of Canada | Truist Financial Corporation |
| Country/Region | Canada | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Regional Banks |
| Market Capitalization | 278.49 billion USD | 59.18 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 16, 1995 | March 18, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | RY | TFC |
|---|---|---|
| Total Return (1Y) | 42.94% | 18.58% |
| Total Return (3Y, Annualized) | 38.10% | 25.74% |
| Total Return (5Y, Annualized) | 17.71% | -0.01% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | RY | TFC |
|---|---|---|
| Volatility (1Y, Annualized) | 17.09% | 23.91% |
| Beta (5Y) | 0.78 | 0.88 |
| Max Drawdown (5Y) | -28.69% | -59.11% |
| Avg. Volume (3M) | 1.25M | 7.35M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | RY | TFC |
|---|---|---|
| Sharpe Ratio (1Y) | 2.26 | 0.60 |
| Sortino Ratio (1Y) | 3.50 | 0.83 |
Profitability
ROE (TTM)
Royal Bank of Canada (RY) at 16.21% sits in the top ROE quartile, while Truist Financial (TFC) at 8.16% is in the bottom quartile, showing a clear gap in returns on equity.
RY
Banks industry group
16.21%
- Max
- 19.84%
- RY
- 16.21%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
TFC
Banks industry group
8.16%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- TFC
- 8.16%
- Min
- 3.64%
Net Margin (TTM)
Both Royal Bank of Canada (RY) at 33.87% and Truist Financial (TFC) at 28.38% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
RY
Banks industry group
33.87%
- Max
- 47.19%
- Q3
- 35.25%
- RY
- 33.87%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
TFC
Banks industry group
28.38%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- TFC
- 28.38%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Royal Bank of Canada (RY) in Banks and Truist Financial (TFC) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | RY | TFC |
|---|---|---|
| ROE (TTM) | 16.21% | 8.16% |
| ROA (TTM) | 0.96% | 0.95% |
| Net Margin (TTM) | 33.87% | 28.38% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Truist Financial (TFC) at 53.03% clears its industry range for revenue growth, far stronger top-line momentum than Royal Bank of Canada (RY) at 15.73%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: Truist Financial (TFC) reports EPS growth of 13.69%, ranked against its industry; Royal Bank of Canada (RY) has no EPS growth figure this period.
Growth Metrics
| Metric | RY | TFC |
|---|---|---|
| Revenue Growth (YoY) | 15.73% | 53.03% |
| Revenue Growth (3Y CAGR) | 10.90% | 0.57% |
| EPS Growth (YoY) | -- | 13.69% |
| EPS Growth (3Y CAGR) | -- | -4.82% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Royal Bank of Canada (RY) in Banks and Truist Financial (TFC) 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: Royal Bank of Canada (RY) in Banks and Truist Financial (TFC) 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 | RY | TFC |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Royal Bank of Canada (RY) at 3.23% and Truist Financial (TFC) at 4.17% offer top-quartile dividend income relative to share price within their industries.
RY
Banks industry group
3.23%
- Max
- 5.79%
- RY
- 3.23%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
TFC
Banks industry group
4.17%
- Max
- 5.79%
- TFC
- 4.17%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Royal Bank of Canada (RY) at 41.49% and Truist Financial (TFC) at 53.61% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
RY
Banks industry group
41.49%
- Max
- 70.75%
- RY
- 41.49%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
TFC
Banks industry group
53.61%
- Max
- 70.75%
- TFC
- 53.61%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | RY | TFC |
|---|---|---|
| Dividend Yield (TTM) | 3.23% | 4.17% |
| Dividend Payout Ratio (TTM) | 41.49% | 53.61% |
Valuation
P/E Ratio (TTM)
Truist Financial (TFC) at 12.73 is near its industry’s usual P/E ratio, while Royal Bank of Canada (RY) at 17.58 sits in the richer quartile — RY needs stronger growth or earnings quality to justify the premium.
RY
Banks industry group
17.58
- Max
- 18.16
- RY
- 17.58
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
TFC
Banks industry group
12.73
- Max
- 18.16
- Q3
- 13.75
- TFC
- 12.73
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Royal Bank of Canada (RY) in Banks and Truist Financial (TFC) 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)
Truist Financial (TFC) at 1.06 sits in the lower P/B ratio quartile relative to book while Royal Bank of Canada (RY) at 2.92 prices above its industry range — a wide valuation gap against assets.
RY
Banks industry group
2.92
- RY
- 2.92
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
TFC
Banks industry group
1.06
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- TFC
- 1.06
- Min
- 0.59
Valuation Metrics
| Metric | RY | TFC |
|---|---|---|
| P/E Ratio (TTM) | 17.58 | 12.73 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 2.92 | 1.06 |
| Free Cash Flow Yield (TTM) | -- | -- |