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$RY
Royal Bank of Canada
Signal as of July 25, 2026  ·  90-day rolling window  ·  Banking
Confluence Score
63
out of 100  ·  Confluence  ·  Full breakdown →
Score delayed 7 days on Free  ·  See today's score — Analyst →
Signals scoring 60–74 have historically hit 49% of the time (avg +5.2% over 90 days, 1310 backtested signals). Methodology →
🔒 Risk monitoring — insider-selling & reversal warnings (Analyst)
📅 Buying into earnings — Aug 27 (26d)
Confluence Score
63
Insider Activity (90d)
10
5 buyers  ·  $84.1M  ·  open-market only
Current Price
$293.41
CAD  ·  5-min cache
Market Cap
$406.8B
CAD  ·  TMX
Lobbying & Contracts
Active
2 regs  ·  0 contracts
Financials on Form55: 81% hit rate · +8.2% alpha vs XIU.TO · 52 closed signals Track Record →
Signal Analyst
The Confluence Score and insider trade feed above are free. Signal Analyst adds the full component breakdown, lobbying registrations, and contract wins — plus alerts when this company's signal moves, so you don't have to keep checking back.
Monitor — CAD $29/mo
Price Chart
12 months daily  ·  TSX:RY
Insider Transactions
90-day window  ·  50 filings
Date Insider Role Nature Dir. Shares Buy Price Return Value
Jun 30, 2026 Royal Bank of Canada Buyback Buy 170,000
Jun 30, 2026 Ross, Bruce Washington Exercise Buy 45,670 $106.00 +176.8%  · 32d $4.8M
Jun 30, 2026 Ross, Bruce Washington Open Market Buy 45,670 $293.11 +0.1%  · 32d $13.4M
Jun 30, 2026 Royal Bank of Canada Buyback Buy 170,000 $293.23 +0.1%  · 32d $49.8M
Jun 30, 2026 Ross, Bruce Washington Exercise Sell 45,670 $106.00 $4.8M
Jun 29, 2026 Royal Bank of Canada Buyback Buy 84,100
Jun 29, 2026 Royal Bank of Canada Buyback Buy 84,100 $289.43 +1.4%  · 33d $24.3M
Jun 26, 2026 Royal Bank of Canada Buyback Buy 200,000
Jun 26, 2026 Royal Bank of Canada Buyback Buy 200,000 $287.34 +2.1%  · 36d $57.5M
Jun 25, 2026 Royal Bank of Canada Buyback Buy 170,000 $289.63 +1.3%  · 37d $49.2M
Jun 25, 2026 Royal Bank of Canada Buyback Buy 170,000
Jun 24, 2026 McLaughlin, Neil Group Head Personal & Commercial Banking Exercise Sell 3,500 $96.55 $338K
Jun 24, 2026 McLaughlin, Neil Group Head Personal & Commercial Banking Open Market Buy 3,500 $287.70 +2.0%  · 38d $1.0M
Jun 24, 2026 Royal Bank of Canada Buyback Buy 170,000 $287.90 +1.9%  · 38d $48.9M
Jun 24, 2026 Royal Bank of Canada Buyback Buy 170,000
Jun 24, 2026 McLaughlin, Neil Group Head Personal & Commercial Banking Exercise Sell 4,000 $102.33 $409K
Jun 24, 2026 McLaughlin, Neil Group Head Personal & Commercial Banking Exercise Buy 4,000 $102.33 +186.7%  · 38d $409K
Jun 24, 2026 McLaughlin, Neil Group Head Personal & Commercial Banking Open Market Buy 4,000 $287.72 +2.0%  · 38d $1.2M
Jun 24, 2026 McLaughlin, Neil Group Head Personal & Commercial Banking Exercise Buy 3,500 $96.55 +203.9%  · 38d $338K
Jun 23, 2026 McKay, David Ian President & CEO Exercise Sell 133,130 $96.55 $12.9M
Jun 23, 2026 McKay, David Ian President & CEO Open Market Buy 133,130 $287.21 +2.2%  · 39d $38.2M
Jun 23, 2026 Royal Bank of Canada Buyback Buy 200,000 $287.21 +2.2%  · 39d $57.4M
Jun 23, 2026 Royal Bank of Canada Buyback Buy 200,000
Jun 23, 2026 McKay, David Ian President & CEO Exercise Buy 133,130 $96.55 +203.9%  · 39d $12.9M
Jun 22, 2026 Royal Bank of Canada Buyback Buy 166,000
Jun 22, 2026 Royal Bank of Canada Buyback Buy 166,000 $286.90 +2.3%  · 40d $47.6M
Jun 22, 2026 Gibson, Katherine Exercise Sell 462 $90.23 $42K
Jun 22, 2026 Gibson, Katherine Exercise Buy 462 $90.23 +225.2%  · 40d $42K
Jun 22, 2026 Gibson, Katherine Open Market Buy 462 $284.86 +3.0%  · 40d $132K
Jun 22, 2026 Hepworth, Graeme Ashley Exercise Sell 1,463 $90.23 $132K
Jun 22, 2026 Hepworth, Graeme Ashley Exercise Buy 1,463 $90.23 +225.2%  · 40d $132K
Jun 22, 2026 Hepworth, Graeme Ashley Open Market Buy 1,463 $284.86 +3.0%  · 40d $417K
Jun 22, 2026 Ross, Bruce Washington Exercise Sell 3,657 $90.23 $330K
Jun 22, 2026 Ross, Bruce Washington Exercise Buy 3,657 $90.23 +225.2%  · 40d $330K
Jun 22, 2026 Ross, Bruce Washington Open Market Buy 3,657 $284.86 +3.0%  · 40d $1.0M
Jun 22, 2026 McKay, David Ian President & CEO Exercise Sell 23,089 $90.23 $2.1M
Jun 22, 2026 McKay, David Ian President & CEO Exercise Buy 23,089 $90.23 +225.2%  · 40d $2.1M
Jun 22, 2026 McKay, David Ian President & CEO Open Market Buy 23,089 $284.86 +3.0%  · 40d $6.6M
Jun 19, 2026 Ross, Bruce Washington Open Market Sell 200 $286.00 $57K
Jun 19, 2026 Ross, Bruce Washington Open Market Sell 200 $286.00 $57K
Jun 19, 2026 Royal Bank of Canada Buyback Buy 100,000 $285.97 +2.6%  · 43d $28.6M
Jun 19, 2026 Royal Bank of Canada Buyback Buy 100,000
Jun 19, 2026 Ross, Bruce Washington Open Market Sell 200 $286.00 $57K
Jun 18, 2026 Royal Bank of Canada Buyback Buy 74,500
Jun 18, 2026 Royal Bank of Canada Buyback Buy 74,500 $284.54 +3.1%  · 44d $21.2M
Jun 17, 2026 Royal Bank of Canada Buyback Buy 100,000 $283.53 +3.5%  · 45d $28.4M
Jun 17, 2026 Royal Bank of Canada Buyback Buy 100,000
Jun 16, 2026 Royal Bank of Canada Buyback Buy 29,700
Jun 16, 2026 Royal Bank of Canada Buyback Buy 29,700 $279.74 +4.9%  · 46d $8.3M
Jun 15, 2026 Royal Bank of Canada Buyback Buy 100,000 $277.81 +5.6%  · 47d $27.8M
Score uses open-market buys only  ·  8 open-market  ·  31 plan / compensation shown but not scored  ·  Return is unrealized, to today's price; a “· Nd” mark means the 90-day window is still open (N of 90 days) — too early to judge.
Score Breakdown
Signal Analyst  ·  $29/mo
Component Points Max Detail Weight
Conviction (unique buyers)  ✓ FREE PREVIEW 20 30 5 unique buyers
Buy/sell ratio 20 43% buys (10B / 13S)
Dollar value 25 $84.1M (large cap — noise penalised)
Lobbying activity 15 2 regs
Contract wins 10 None
Insider track record 10 Avg 41% credibility
Private placements 8 None
Confluence bonus 10 Partial confluence (2+ signal sources)
Cluster timing (velocity) 10 No coordinated buying cluster detected
Buy/sell reversal pattern 8 3+ insiders reversed from selling to buying
Total 63 100
Unlock Component Detail — CAD $29/mo
Buying Insiders
Open-market · 90 days · 5 unique buyers
Insider Credibility Hit Rate Avg 90d Return Trades (eval'd) Buy Value (90d) Last Buy
McLaughlin, Neil
Group Head Personal & Commercial Banking
57 /100 79% +5.8% 33 $2.2M Jun 24, 2026
Hepworth, Graeme Ashley 43 /100 68% +5.1% 57 $417K Jun 22, 2026
McKay, David Ian
President & CEO
39 /100 65% +4.1% 75 $44.8M Jun 23, 2026
Ross, Bruce Washington 38 /100 64% +4.7% 50 $36.6M Jun 30, 2026
Gibson, Katherine 28 /100 65% +4.0% 17 $132K Jun 22, 2026
Credibility score: historical hit rate × avg 90d return × sample size. View full insider leaderboard →
Lobbying Registrations
OCL active  ·  2 registrations
Effective Registrant Subject Matter Institutions Status
May 01, 2026 ROYAL BANK OF CANADA  ✓ FREE PREVIEW Discussions relating to the development of Financial Consumer Protection Framework and voluntary com… Justice Canada (JC); Privy Council Office (PCO); Royal Canadian Mounte… Active
Active
Unlock 2 Registrations — CAD $29/mo
Government Contract Wins
90-day window  ·  none found
No government contract wins in the last 90 days. Analyst plan →
Private Placements
12 months  ·  Signal Analyst  ·  $29/mo
Private placement history, deal size, and lock-up expiry tracking. Analyst plan →
Political Footprint
Donations · lobbying · contracts

13 insiders linked to RY are also individual political donors — $71K across 136 donations (2007–2023).

Liberal Party of Canada · $42K Conservative Party of Canada · $26K New Democratic Party · $2K People's Party of Canada · $430 Green Party of Canada · $335

Form55 also tracks RY's federal footprint: 6 lobbying registrations naming 33 departments, and $4.0M across 22 federal contracts from 9 departments.

The chain — lobbied & awarded

5 departments appear in both RY's federal lobbying filings and its federal contract awards:

Public Services and Procurement Canada $2.3M · 5 contracts
Innovation, Science and Economic Development Canada $1.1M · 2 contracts
Global Affairs Canada $47K · 4 contracts
Indigenous Services Canada $46K · 3 contracts
Royal Canadian Mounted Police $16K · 1 contract

Sources: Elections Canada (individual donations only — corporate political donations banned federally since 2007), the federal Registry of Lobbyists, and federal contract disclosures. Insiders matched to donors by name. Shown for transparency from disclosed public records — this is not a Confluence Score input, implies no causal link between donations, lobbying, or contracts, and is not a claim of wrongdoing.

Indigenous Consultation
no records on file

No Indigenous consultation records on file for RY.

SEDAR+ Filings
official filing registry
Form55 monitors SEDAR+ filing alerts and newswire announcements for Technical Reports and material changes. Search SEDAR+ →
Short Interest
CIRO  ·  Jul 15, 2026
Shares short
8,285,882
Net change
+433,578 (+5.5%)
History
Jul 15: 8,285,882
Jun 30: 7,852,304
Jun 15: 7,457,794
May 31: 8,045,887
May 15: 8,694,860
Apr 30: 6,911,386
Aggregate short position from CIRO's Consolidated Short Position Report (published twice monthly).
Wikipedia Attention
Pageviews  ·  30 days
Views (30d)
15,613
Daily English-Wikipedia pageviews (Wikimedia). Traffic spikes often coincide with news — a public-attention indicator, not investment advice.
Boardroom Connections
5 insiders also active elsewhere
Insider Other boards Also an insider at
vandal, thierry 1 TRP (74)
Perry, Barry 1 FTS (84)
Bibic, Mirko 1 BCE (85)
Denison, David Francis 1 BCE (85)
Taylor, Kathleen (name match?) 2 EFN (71), AC (10)
People who file as insiders here and at other TSX/TSXV companies (number in brackets = that company's Confluence Score). A well-connected insider taking a seat at a new junior can be an early tell. Matched by name across SEDI filings; funds and 10%+ holders excluded.
Form55 provides data and analysis for informational purposes only. Nothing on this site constitutes investment advice or a recommendation to buy or sell any security. Past performance is not indicative of future results.