Royal Bank of Canada (RY): A Bull Case Theory
From Yahoo Finance: 2025-05-13 10:05:00
Royal Bank of Canada (RY) is analyzed in a bullish thesis by Peter Thomason on Substack. RY’s shares were trading at $119.83 on May 8th, with trailing and forward P/E ratios of 13.43 and 12.32 respectively according to Yahoo Finance. Consumers Bancorp, Inc. (CBKM) saw insider buying in Q1 2025.
RY is Canada’s largest bank, dominating all major financial segments. Its near-oligopolistic position in the concentrated Canadian banking system provides stability and high returns on equity. RY is expanding in the U.S. market, offering long-term stability and profitability. Hedge funds are decreasing their RY holdings for AI stocks with higher potential returns.