Michael Dobbins - Royal Bank Executive

RY Stock  USD 96.83  1.16  1.18%   

Executive

Mr. Michael Dobbins serves as Chief Strategy Corporationrationrate Development Officer of the company. He was appointed to Group Executive in his role as Chief Strategy Corporationrationrate Development Officer effective November 1, 2016. Prior to his current role, Mr. Dobbins was Executive Vice President, Personal Financing Products Canada U.S. since 2010. since 2020.
Tenure 4 years
Address Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5
Phone888 212 5533
Webhttps://www.rbc.com

Royal Bank Management Efficiency

Return On Equity is likely to rise to 0.12 in 2024, whereas Return On Tangible Assets are likely to drop 0.01 in 2024. At this time, Royal Bank's Non Current Assets Total are fairly stable compared to the past year. Intangibles To Total Assets is likely to rise to 0.01 in 2024, whereas Total Assets are likely to drop slightly above 10.1 B in 2024. Royal Bank's management efficiency ratios could be used to measure how well Royal Bank manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 439.28 B of total liabilities with total debt to equity ratio (D/E) of 15.61, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Debt can assist Royal Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Royal Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Royal Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Royal to invest in growth at high rates of return. When we think about Royal Bank's use of debt, we should always consider it together with cash and equity.

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Royal Bank of Canada operates as a diversified financial service company worldwide. The company was founded in 1864 and is headquartered in Toronto, Canada. Royal Bank is traded on New York Stock Exchange in the United States. Royal Bank of (RY) is traded on New York Stock Exchange in USA. It is located in Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5 and employs 90,166 people. Royal Bank is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Royal Bank Leadership Team

Elected by the shareholders, the Royal Bank's board of directors comprises two types of representatives: Royal Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Royal. The board's role is to monitor Royal Bank's management team and ensure that shareholders' interests are well served. Royal Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Royal Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cynthia Devine, Independent Director
Helena Gottschling, Chief Human Resource Officer
Andrew Chisholm, Independent Director
Timothy Hearn, Independent Director
William Beattie, Independent Director
Wayne Bossert, Deputy Management
Maryann Turcke, Independent Director
Maria Douvas, Chief Legal Officer
Mark Preston, Head Europe
Roberta Jamieson, Independent Director
Doug Guzman, Group Head - Wealth Management and Insurance
Derek CFA, Group Markets
V Young, Independent Director
Greg Grice, Executive Services
Pierre Sigrist, Chief Management
Heather MunroeBlum, Independent Director
Jennifer Tory, Group Head - Personal & Commercial Banking
Kathleen Taylor, Non-Executive Chairman of the Board
Asim Imran, VP Relations
Janice Fukakusa, CFO, Chief Administrative Officer
Jeffery Yabuki, Independent Director
Neil McLaughlin, Group Head - Personal, Commercial Banking and RBC Ventures
Nadine Ahn, Chief Financial Officer
Richard George, Independent Director
Michael McCain, Independent Director
Rod Bolger, Executive Vice President - Finance, Controller
Douglas Guzman, Group Head, Wealth Management, Insurance and Investor & Treasury Services
Bridget Kralingen, Independent Director
Toos Daruvala, Independent Director
Amy Cairncross, Senior Communications
Zabeen Hirji, Chief Human Resource Officer
Katherine Gibson, Interim Controller
Jacynthe Cote, Independent Director
Gay Mitchell, Deputy Management
Bruce Ross, Group Head of Technology and Operations
A McGregor, Group Head - Capital Markets and Investor & Treasury Services
Pedro Reinhard, Independent Director
Edward Sonshine, Independent Director
Michael Dobbins, Group Head - RBC Ventures and Corporate Development
Kelly Pereira, Chief Officer
Mike Dobbins, Head - Strategy and Corporate Development
David Denison, Independent Director
Thierry Vandal, Independent Director
Christoph Knoess, Chief Administrative Officer and Strategy Officer
Frank Vettese, Independent Director
David McKay, President, Chief Executive Officer, Director
Thomas Renyi, Independent Director
Mark Hughes, Chief Risk Officer
Derek Neldner, Group Head and Chief Executive Officer - Capital Markets
Douglas McGregor, Group Head of Capital Markets and Investor and Treasury Services, Chairman of FBC Capital Markets and CEO of RBC Capital Markets
Alice Laberge, Independent Director
George Lewis, Group Head - Wealth Management and Insurance
Graeme Hepworth, Deputy Chief Risk Officer

Royal Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Royal Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Of Stock:
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Is Royal Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Bank. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.121
Dividend Share
5.4
Earnings Share
7.87
Revenue Per Share
38.304
Quarterly Revenue Growth
(0.01)
The market value of Royal Bank is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Bank's value that differs from its market value or its book value, called intrinsic value, which is Royal Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Bank's market value can be influenced by many factors that don't directly affect Royal Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.