David Denison - Royal Bank Independent Director

RY Stock  CAD 133.52  0.22  0.17%   

Director

Mr. David F. Denison, O.C, FCPA, FCA, serves as an Independent Director of the Company. Mr. Denison is chair of the board of Element Fleet Management Corporationration . He served as president and chief executive officer of the Canada Pension Plan Investment Board from 2005 to 2012. Prior to that, he was president of Fidelity Investments Canada Limited. Mr. Denison is a director of Bell Canada and is chancellor of the Canadian Business Hall of Fame. He is also a member of the Investment Strategies Committee, Investment Board and the International Advisory Committee of the Government of Singapore Investment Corporation, and a member of the International Advisory Council of the China Investment Corporation since 2012.
Age 66
Tenure 12 years
Address Royal Bank Plaza, Toronto, ON, Canada, M5J 2J5
Phone888 212 5533
Webhttps://www.rbc.com
Denison earned bachelor degrees in mathematics and education from the University of Toronto. He is a chartered professional accountant and a fellow of Chartered Professional Accountants of Ontario. He is an officer of the Order of Canada.

Royal Bank Management Efficiency

As of the 19th of April 2024, Return On Equity is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.01. At this time, Royal Bank's Debt To Assets are very stable compared to the past year. As of the 19th of April 2024, Fixed Asset Turnover is likely to grow to 7.53, though Non Currrent Assets Other are likely to grow to (294.6 B). 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 has accumulated 111.39 B in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. 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 operates under Banking classification in Canada and is traded on Toronto Stock Exchange. It employs 88541 people. Royal Bank of (RY) is traded on Toronto Exchange in Canada 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.
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 Officer
Mark Preston, Head Europe
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
Nadine Ahn, Chief Officer
Richard George, Independent Director
Michael McCain, Independent Director
Rod Bolger, Chief Financial Officer
Douglas Guzman, Group Head - Wealth Management and Insurance
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, Chief Strategy & Corporate Development Officer
Kelly Pereira, Chief Officer
Mike Dobbins, Head - Strategy and Corporate Development
David Denison, Independent Director
Thierry Vandal, Independent Director
Christoph Knoess, Chief Administrative 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Royal Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Royal Bank's short interest history, or implied volatility extrapolated from Royal Bank options trading.

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:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Royal Bank's price analysis, check to measure Royal Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.
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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.