Bank of America (BAC) vs Royal Bank Of Canada (RY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Royal Bank Of Canada (RY) has outperformed Bank of America (BAC) over the past year, gaining 31.1% versus a gain of 6.4%. Over five years, RY leads with a +81.3% price change compared with +15.4% for BAC. Bank of America is the larger company by market cap ($374.25 billion vs $264.73 billion), about 1.4 times the size.
On valuation, Bank of America trades at a lower forward P/E (10.2x vs 15.2x for Royal Bank Of Canada). Royal Bank Of Canada offers the higher dividend yield (3.44% vs 2.09%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BAC | RY |
|---|---|---|
| Share price | $53.52 | $191.22 |
| Market cap | $374.25B | $264.73B |
| 1-day change | -1.05% | -2.61% |
| YTD return | -2.69% | +12.16% |
| 1-year return | +6.42% | +31.09% |
| 5-year return | +15.42% | +81.27% |
| P/E ratio (TTM) | 12.50 | 17.17 |
| Forward P/E | 10.20 | 15.20 |
| EPS (TTM) | $4.28 | $11.14 |
| Dividend yield | 2.09% | 3.44% |
| Annual dividend | $1.12 | $6.58 |
| Revenue (latest FY) | $113.10B | — |
| Revenue growth (YoY) | +6.84% | — |
| Net income (latest FY) | $30.51B | — |
| Net margin | 26.98% | — |
| 52-week high | $65.23 | $218.57 |
| 52-week low | $46.12 | $143.13 |
| Distance from 52-week high | -17.95% | -12.51% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +25.80% | +8.43% |
| Average volume | 33.42M | 1.25M |
| Shares outstanding | 6.99B | 1.38B |
| Employees | 211,000 | 101,269 |
| Sector | Financial Services | Finance |
| Industry | Banks - Diversified | Commercial Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- RY has outperformed BAC by 24.7 percentage points over the past year.
- Royal Bank Of Canada trades at a higher earnings multiple (17.2x vs 12.5x trailing P/E).
- Royal Bank Of Canada offers a meaningfully higher dividend yield (3.44% vs 2.09%).
- The two companies sit in different sectors: Bank of America in Financial Services and Royal Bank Of Canada in Finance.
About Bank of America
BAC stock →Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.
Financial Services · Banks - Diversified · 211,000 employees
About Royal Bank Of Canada
RY stock →Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions.
Finance · Commercial Banks · 101,269 employees
BAC vs RY FAQ
Which is bigger, Bank of America or Royal Bank Of Canada?
Bank of America (BAC) is larger, with a market capitalization of $374.25B compared with $264.73B for Royal Bank Of Canada (RY).
Which stock has performed better over the past year, BAC or RY?
RY returned +31.09% over the past 12 months, compared with +6.42% for BAC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BAC or RY?
BAC has the lower trailing P/E at 12.5, versus 17.2 for RY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Bank of America or Royal Bank Of Canada?
Royal Bank Of Canada has the higher yield at 3.44%, compared with 2.09% for Bank of America.
Are Bank of America and Royal Bank Of Canada in the same industry?
No. Bank of America is in the Financial Services sector, while Royal Bank Of Canada is in Finance.