Added to YB: 2026-03-27
Pitch date: 2026-03-25
RY.TO [neutral]
Royal Bank of Canada
-0.44%
current return
Author Info
Don Wharton is Executive Chair of SureSwift Capital Victoria. He writes about under-the-radar compounders. Sign up for the newsletter.
Company Info
Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions.
Market Cap
CAD 311.7B
Pitch Price
CAD 222.97
Price Target
N/A
Dividend
2.94%
EV/EBITDA
N/A
P/E
15.33
EV/Sales
N/A
Sector
Banks
Category
special_situation
RBC Acquires Pinch Financial to Digitize the Mortgage Journey
RY.TO (update): RBC acquired Toronto fintech Pinch Financial to digitize mortgage experience. Pinch's white-label platform enables full mortgage qualification in <10 min for brokerages/lenders. Pinch to operate independently, serving non-RBC clients. Deal reflects proptech consolidation as AI drives innovation & M&A becomes common scale path amid tougher funding environment.
Read full article (1 min)