Royal Bank of Canada
(NYSE:RY)
$
125.92
-0.04 (-0.03%)
Market Cap: 178.09 Bil
Enterprise Value: 433.21 Bil
PE Ratio: 15.88
PB Ratio: 2.14
GF Score: 69/100 Royal Bank of Canada at Scotiabank Financials Summit (Virtual) Transcript
Sep 09, 2021 / 12:50PM GMT
Release Date Price:
$102.63
(+0.68%)
Meny Grauman
Scotiabank Global Banking and Markets, Research Division - MD of Financial Services Equity Research & Analyst
Welcome back. With me now is the President and CEO of RBC, Mr. Dave McKay. Dave, good to see you.
David I. McKay
Royal Bank of Canada - President, CEO & Director
Hi, Meny. It's great to be here.
Questions & Answers
Meny Grauman;David I. McKay
Scotiabank Global Banking and Markets, Research Division - MD of Financial Services Equity Research & Analyst;Royal Bank of Canada -
We have 25 minutes. I'm going to jump right in. When I speak to investors, there was a lot of debate about which bank can outperform in the short to medium term. There seems to be a lot more agreement among the investor base about RBC's edge in terms of the long-term outlook. So I'm wondering if you could talk about your competitive advantage as you see it both over the next 12 months, but then also if we could focus on the long term as well and then how you see that.
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