Royal Bank of Canada (USA) (NYSE:RY)

no risk here, Canadian banks didn't gamble with customers money.

People will migrate to dividend payers and energy stocks as the economy heats up and the money on the sidelines returns to the market

Royal Bank of Canada is posting record earnings in two of its segments, strengthened the balance sheet, and improved asset quality with lower provision for credit losses during the most recent quarter. Out of 5 operating segments, only income from capital markets was down in 2011.

Although it lost its triple A credit rating in 2010, steps have been taken to reduce risk and as far as exposure to Europe is involved, less than 10% of total exposures are to Europe and even those areas are mainly the UK, Germany, France.

RY’s acquisition of Fortis Wealth Management is giving them the exposure to Asia that they need to diversify in emerging markets. Whilst on the one hand they ‘only’ receive 17% of revenue internationally, they are expanding on that carefully.

RY increased its dividend to $0.54 in mid-2011 and has maintained its dividend throughout the financial crisis. Dividend yield is at 4.28%, so I see limited downside as the YTD dividend high was around 4.9 and 2012 full year EPS estimate is $4.52.

Among main street and the Fool, the big five Canadian banks all get 4-star CAPS ratings expect Canadian Imperial Bank of Commerce which received a 3-star. Most Fools have realised that’s because they stick to conservative business models, have limited foreign exposure and well managed balance sheets. RY may not be as exciting as some big-name US banks but it is worth looking into if you want some bank exposure and a yield that will beat most places you can think of.

A bank stock? Are you serious? Canada's economy has fared better than that of the U.S., with a 2.4% gross domestic product growth rate. The stock has a 5.1% yield, and earnings rose 13% last quarter, Fortune reports.

how low can it go?? how about all the way?

one of the few banks that are worth the risk...great dividend yield and strong fundamentals

Continued higher earnings will propel this stock higher. The bank has taken fewer riskier lending positions and the Canadian economy is in good shape. This is Canada's largest bank

Canadian banks - robust fundamentals. Not sure about outperforming price-wise but good dividend stock.

Canadian real estate is overpriced, but all the bad loans the canadian banks made are 100% backed by the canadian taxpayer.

Canadian banks is a gravy train that's not going to stop anytime soon.

PE far exceed current value.

GREAT BANK

Canadian banks are looking good compared with US banks.

Canadian bank. Strong domestic market position. Divident of 3.8% at time of writing; this doesn't happen often.

Moody's has moved on to outright extortion.

After selling its corporate soul to economy destroying sub-prime vendors.

"Unless you give us $100 billion dollars and tickets to the advanced screening of the next Dr. Evil film appearance, we will utter speculative negative conjecture about your business."

#1 Canadian bank with approximate market cap of $69,730,000,000 CDN

HOU, YRI, C, AIG, RY. BAC,

Canadian banks have a significant advantage, since they did well during and after the subprime crisis in 2008.

GROWING WELL

Profile
Royal Bank of Canada
200 Bay Street
Royal Bank Plaza
Toronto, ON M5J 2J5
Phone: 416-974-5151
Fax: 416-955-7800
Web Site: www.royalbank.com

DETAILS
Index Membership: N/A
Sector: Financial
Industry: Money Center Banks
Employees (last reported count): 70,600

BUSINESS SUMMARY
Royal Bank of Canada provides personal and commercial banking, wealth management services, insurance, corporate, investment banking, and transaction processing services worldwide. Its Canadian Banking segment offers personal financial services, business financial services, and cards and payment solutions. The company?s Wealth Management segment provides wealth and asset management, and estate and trust services through financial consultants, advisors, private bankers, and trust officers. Its Insurance segment provides various life and health, home and auto, and travel insurance products; wealth accumulation solutions; and reinsurance products through retail insurance branches, call centers, independent insurance advisors and travel agencies, independent marketing organizations, financial institutions, and career sales force. The company?s International Banking segment offers various financial products and services to individuals, business clients, and public institutions in the U.S. and Caribbean. This segment also provides global custody, fund and pension administration, securities lending, shareholder services, analytics, and other related services to institutional investors. Royal Bank?s Capital Markets segment offers a range of corporate and investment banking, sales and trading, and research and related products and services to corporate, public sector, institutional and retail clients in North America; and various products, including fixed income, equity, foreign exchange, structured products, and investment banking internationally. As of October 31, 2009, the company operated 1,761 bank branches and 5,030 automated teller machines. Royal Bank of Canada was founded in 1864 and is headquartered in Toronto, Canada.

***All above information from YAHOO FINANCE***