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Royal Bank Of Canada ( (TSE:RY) ) has shared an announcement.
On January 30, 2026, Royal Bank of Canada filed a Form 6-K reporting the issuance, under its existing U.S. shelf registration, of US$1 billion of 6.500% Limited Recourse Capital Notes, Series 8 (NVCC subordinated indebtedness) due May 24, 2086, together with associated Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series CA (NVCC). The filing details an underwriting agreement dated January 27, 2026 with a syndicate led by RBC Capital Markets, Citigroup, J.P. Morgan, Morgan Stanley and UBS, as well as a sixth supplemental indenture with The Bank of New York Mellon as trustee and supporting U.S. and Canadian legal and tax opinions, underscoring RBC’s continued use of NVCC-compliant hybrid capital instruments to bolster its regulatory capital structure and maintain access to long-dated funding markets.
The most recent analyst rating on (TSE:RY) stock is a Buy with a C$242.00 price target. To see the full list of analyst forecasts on Royal Bank Of Canada stock, see the TSE:RY Stock Forecast page.
Spark’s Take on TSE:RY Stock
According to Spark, TipRanks’ AI Analyst, TSE:RY is a Outperform.
The score is driven primarily by solid financial performance and a positive earnings outlook (record results, stronger ROE targets, dividend raise and buybacks), tempered by higher leverage and credit-cycle risks. Technicals remain supportive but are near overbought levels, while valuation is reasonable with a moderate dividend yield.
To see Spark’s full report on TSE:RY stock, click here.
More about Royal Bank Of Canada
Royal Bank of Canada is a Canadian chartered bank and one of the country’s largest financial institutions, providing a broad range of banking and capital markets services. Through its capital markets arm, RBC Capital Markets, it regularly accesses U.S. and international debt and preferred share markets to support its funding, regulatory capital, and balance sheet management needs.
Average Trading Volume: 3,441,644
Technical Sentiment Signal: Buy
Current Market Cap: C$316.3B
Learn more about RY stock on TipRanks’ Stock Analysis page.