the stock would be worth $123/share today – nearly equal to the current stock price. In this scenario, Royal Bank of Canada’s NOPAT grows just 1% compounded annually from fiscal 2025 – fiscal 2034. For reference, Royal Bank of Canada has grown NOPAT by 4% compounded annually over the last decade.

Principal Financial Group Inc. trimmed its stake in Royal Bank of Canada (NYSE:RY – Free Report) (TSE:RY) by 10.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.

Shares of Royal Bank of Canada RY rallied 2.68% to C$170.98 Friday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 1.06% to 25,393.45.

IFP Advisors Inc increased its position in Royal Bank of Canada (NYSE:RY – Free Report) (TSE:RY) by 8.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

Shares of Royal Bank of Canada RY dropped 2.86% to C$166.52 Thursday, in what proved to be an all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE falling 0.79% to 25,128.24.