Every 424B that ROYAL BK CDA QUEN PFD (RBMCF) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow RBMCF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RBMCF filings page.
Royal Bank of Canada is offering Capped Enhanced Return Barrier Notes linked to the State Street® SPDR® S&P® Oil & Gas Exploration & Production ETF. The offering totals $876,000 at par with proceeds to the Bank of $861,984. The Notes have a Trade Date of February 27, 2026, an Issue Date of March 4, 2026, a Valuation Date of February 28, 2028 and a Maturity Date of March 2, 2028.
Per $1,000 principal, the Notes pay at maturity either (1) $1,000 plus 200% of the Underlier Return up to a Maximum Return of 45% (maximum payment $1,450), (2) the principal if the Final Underlier Value is between the Initial Value and the Barrier (70% of the Initial Underlier Value), or (3) a physical delivery of ETF shares equal to the Physical Delivery Amount if the Final Underlier Value is below the Barrier. All payments are subject to the Bank's credit risk.
Royal Bank of Canada is offering Capped Return Dual Directional Barrier Notes linked to the iShares® Expanded Tech-Software Sector ETF (IGV). The Notes have a $1,000 principal amount per Note, a Participation Rate of 100% subject to a Maximum Upside Return of 20% (maximum payment $1,200 per $1,000 principal amount).
Key dates: Trade Date March 16, 2026, Issue Date March 19, 2026, Valuation Date September 16, 2027, Maturity Date September 21, 2027. The Barrier Value equals 75% of the Initial Underlier Value. If the Final Underlier Value is at or above the Initial Underlier Value, you receive upside up to the 20% cap; if the Final Underlier Value is below the Barrier Value you sustain losses on principal proportionate to the Underlier Return. All payments are subject to the issuer’s credit risk.
The public offering price is par ($1,000) with underwriting discounts of 1.75%; the initial estimated value is stated to be between $899.37 and $949.37 per $1,000 principal amount and will be less than the public offering price.
Royal Bank of Canada priced a structured note offering of $560,000 of Senior Global Medium-Term Notes—market-linked securities tied to the S&P 500® Index with a stated maturity of August 30, 2030. The securities have a face amount of $1,000 per security and an initial estimated value of $957.09 per security as of the pricing date.
The payout at maturity depends on the ending value of the Index relative to the starting value (starting value: 6,878.88). Key terms include an upside participation rate of 150%, a maximum return of 47% (i.e., $470), and a contingent downside feature with a threshold equal to 75% of the starting value. These are senior unsecured obligations of the Bank; payments are subject to the Bank’s credit risk and investors may lose principal.
Royal Bank of Canada is offering $10,823,000 of Auto‑Callable Enhanced Return Geared Buffer Notes linked to an equally weighted basket of CRWD, MSFT, PANW, and SNOW. The Trade Date is February 27, 2026, Issue Date March 4, 2026, and Maturity Date March 2, 2028.
The Notes pay an automatic call amount of $1,212.50 per $1,000 principal (121.25%) if the Basket on the Call Observation Date meets or exceeds the Initial Basket Value; otherwise at maturity investors receive either enhanced upside at a 125% participation rate, full principal if the Final Basket Value ≥ the Buffer Value (85), or a loss if below the Buffer, with a Downside Multiplier ≈ 1.17647.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes totaling $750,000. The Notes are linked to the least performing of the VanEck® Semiconductor ETF (SMH) and the State Street® SPDR® S&P® Oil & Gas Exploration & Production ETF (XOP), mature on March 1, 2029, and pay a quarterly contingent coupon of 4.1875% (equivalent to 16.75% per annum) when both Underliers meet a 65% coupon-threshold relative to their Strike Date values. The Notes are auto-callable quarterly if each Underlier is at or above its Initial Underlier Value on a Call Observation Date. At maturity, if the Least Performing Underlier is below its 65% Barrier, principal is reduced pro rata; all payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering $984,000 principal amount of Capped Enhanced Return Buffer Notes linked to the Russell 2000® Index, maturing on March 2, 2028. The notes pay at maturity based on the Underlier Return with a 200% Participation Rate capped at a Maximum Return of 23.60%.
If the Final Underlier Value is at or above the Initial Underlier Value, investors receive principal plus gains subject to the cap; if the Final Underlier Value falls to or above the Buffer Value (90% of initial), investors receive full principal; if below the Buffer Value, investors absorb losses reduced by a 10% buffer. All payments are subject to the issuer’s credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the lesser-performing of the VanEck Semiconductor ETF and the SPDR S&P Oil & Gas Exploration & Production ETF. The Notes are sold at 100.00% of principal with underwriting discounts of 1.00%. The initial estimated value is stated as between $900.00 and $950.00 per $1,000 principal amount and will be lower than the public offering price.
The Notes pay a contingent quarterly coupon of 4.3125% per quarter (17.25% per annum) if each underlier meets a coupon threshold equal to 65% of its Initial Underlier Value on the observation dates. The Notes are automatically callable if, on a Call Observation Date, each underlier is at or above its Initial Underlier Value; otherwise principal at maturity depends on the Final Underlier Value of the least performing underlier with a barrier at 65% of initial value. Payments are subject to the issuer's credit risk and tax guidance and withholding rules are discussed in the supplement.
Royal Bank of Canada is offering Capped Return Dual Directional Buffer Notes linked to the S&P 500® Index. The offering shows a total public offering amount of $2,360,000 and a public offering price equal to par per $1,000 principal amount.
Key economic terms: Participation Rate 100%, Maximum Upside Return 18% (maximum payment $1,180 per $1,000), Buffer Percentage 15% (Buffer Value 5,847.05), Initial Underlier Value 6,878.88. Trade Date: February 27, 2026; Issue Date: March 4, 2026; Valuation Date: February 28, 2028; Maturity Date: March 2, 2028.
The initial estimated value was $981.26 per $1,000 principal amount, which is less than the public offering price; secondary market values will vary and all payments are subject to the issuer's credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the S&P 500® Index. The Notes pay a Contingent Coupon of $22.50 per $1,000 when the Underlier is at or above the Coupon Threshold on observation dates and may be automatically called if the Underlier closes at or above the Initial Underlier Value on any Call Observation Date. The Initial Underlier Value is 6,881.62 and the Coupon Threshold and Barrier Value equal 79.92% (the Barrier Value is 5,499.79). Key dates: Strike Date March 2, 2026, Trade Date March 3, 2026, Issue Date March 6, 2026, Valuation Date March 15, 2027, Maturity Date March 18, 2027. The public offering price is 100.00% (certain fiduciary accounts pay $990.00 per $1,000); underwriting fee is 1.00%. The initial estimated value is stated to be between $935.00 and $985.00 per $1,000. If the Notes are not called and the Final Underlier Value is below the Barrier Value, repayment at maturity is reduced by the Underlier Return and investors could lose a substantial portion or all of principal.
Royal Bank of Canada priced a $4.28M offering of Market Linked Securities (Series J) with a $1,000 face amount per security that matures on March 11, 2027. The securities are linked to the lowest performing of Intel, Microsoft and Micron and pay no periodic interest.
If the lowest performing underlying finishes at or above its 60% threshold of starting value on the March 8, 2027 calculation day, each security will pay the face amount plus a contingent fixed return of $427.00 (42.70%). If the lowest performing underlying falls below that threshold, holders bear full downside and may lose more than 40% of the face amount. The initial estimated value at pricing was $948.85 versus the offering price of $1,000.00. Payments are subject to the issuer’s credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Blackstone Inc. The pricing supplement shows a public offering amount of $2,460,000 and proceeds to Royal Bank of Canada of $2,423,100. The Notes pay a monthly contingent coupon of $7.708 per $1,000 (a stated 9.25% per annum) when the Underlier is at or above a Coupon Threshold equal to 60% of the Initial Underlier Value. The Notes may be automatically called if the Underlier closes at or above the Initial Underlier Value on a Call Observation Date; if not called, at maturity investors receive either $1,000 (if Final Underlier Value is at or above the Barrier) or a physical delivery of shares equal to the Physical Delivery Amount, which is 8.8207 shares per $1,000.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of RSP, XLE and XLU. The offering price is $1,115,000 in aggregate and the initial estimated value is $986.99 per $1,000 principal amount.
The Notes have a Trade Date of February 27, 2026, an Issue Date of March 4, 2026, a Valuation Date of February 26, 2029 and a Maturity Date of March 1, 2029. Contingent Coupons pay $26.375 per $1,000 quarterly (equivalent to 10.55% per annum) when each Underlier is at or above its 75% Coupon Threshold on observation dates. The Notes are auto‑callable if, on a Call Observation Date, each Underlier closes at or above its Initial Underlier Value; auto‑call returns principal plus the Contingent Coupon otherwise due.
If not called, principal at maturity is preserved only if the Least Performing Underlier is at or above its Barrier Value (60%); otherwise investors suffer a loss equal to the Underlier Return of the Least Performing Underlier. All payments are subject to Royal Bank of Canada’s credit risk.
Royal Bank of Canada is offering Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index (SPMKTD). The Notes have a Participation Rate of 105% and pay at maturity per $1,000 principal: $1,000 + ($1,000 × Underlier Return × 105%) if the Final Underlier Value is greater than the Initial Underlier Value, and $1,000 if the Final Underlier Value is less than or equal to the Initial Underlier Value. The Trade Date is February 27, 2026, Issue Date March 4, 2026, Valuation Date February 27, 2029 and Maturity Date March 2, 2029. The Initial Underlier Value was 3,820.37 and the initial estimated value of the Notes was $972.03 per $1,000, below the public offering price. The Notes reflect deductions including a 0.5% per annum decrement fee, transaction and funding costs that will reduce Underlier performance, and all payments are subject to RBC’s credit risk.
Royal Bank of Canada is offering $900,000 of Capped Return Dual Directional Buffer Notes linked to the S&P 500® Index, with an Issue Date of March 4, 2026 and a Maturity Date of March 2, 2028.
Per $1,000 principal, the Notes pay: upside participation at 100% capped by a Maximum Upside Return of 16.50% (maximum maturity payment $1,165); an 80% buffer applies to declines (Buffer Percentage 20%) with specified payouts if the Final Underlier Value falls below the Buffer Value. Payments are subject to the Bank's credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to Netflix, Inc. common stock. The offering price is $1,000 per note, totaling $2,782,000, with underwriting discounts of 1.10% and proceeds to the Bank of $2,751,398.
The notes pay a contingent quarterly coupon of $33.125 per $1,000 (equivalent to 13.25% per annum if paid), can be auto-called if Netflix closes at or above the initial underlier value on a Call Observation Date, and mature on March 2, 2028 with physical delivery of Netflix shares if the Final Underlier Value is below the 60% barrier.
Royal Bank of Canada is offering $1,128,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semiconductor Select AR Index. The Notes have a Trade Date of February 27, 2026, an Issue Date of March 4, 2026, and a Maturity Date of August 31, 2028.
Key economic features: a contingent monthly coupon equal to $11.667 per $1,000 (equivalent to 14.00% per annum) payable only if the Underlier is at or above the Coupon Threshold (75% of the Initial Underlier Value) on the relevant observation date; an automatic call if the Underlier is at or above the Initial Underlier Value on a Call Observation Date (payment on call equals principal plus any contingent coupon otherwise due); a Barrier Value at 70% of the Initial Underlier Value that determines principal protection at maturity. The initial estimated value is $968.87 per $1,000 principal amount, which is less than the public offering price.
Royal Bank of Canada is offering $650,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Tesla, Inc.
The Notes trade on a Trade Date of February 27, 2026, issue on March 4, 2026, and mature on September 1, 2027. They pay a Contingent Coupon of $32.50 per $1,000 (a 3.25% quarterly rate / 13.00% annualized) when the Underlier is at or above a Coupon Threshold equal to 50% of the Initial Underlier Value ($201.26).
The Notes are auto-callable on quarterly Call Observation Dates if the Underlier closes at or above the Initial Underlier Value ($402.51). If not called, maturity payoffs depend on the Final Underlier Value versus the Barrier Value: full principal if at or above the Barrier, otherwise a principal loss equal to the Underlier Return. Payments are unsecured obligations of the Bank and subject to its credit risk.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of five U.S. bank stocks. The Trade Date is February 27, 2026, Issue Date is March 4, 2026 and Maturity Date is March 2, 2029. The Notes will be automatically called if the Basket on the Call Observation Date of March 12, 2027 is greater than or equal to the Initial Basket Value; an automatic call pays $1,150 per $1,000 principal amount. If not called, the Payment at Maturity depends on the Final Basket Value: upside is paid at a 150% Participation Rate, the Barrier Value is 70% of the Initial Basket Value, and a Final Basket Value below the Barrier results in a loss of principal proportional to the Basket Return. The initial estimated value is $963.38 per $1,000 principal amount; the public offering price and aggregate amount shown are $1,000 per note and $702,000 total.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the lesser-performing of CrowdStrike Class A common stock and Palo Alto Networks common stock. The offering is for notes with a Trade Date of March 26, 2026 and an Issue Date of March 31, 2026, and a stated maturity/valuation window in March 2029.
Key economic terms disclosed include a public offering price of $1,000 per $1,000 principal amount, an underwriting discount of 2.50%, an initial estimated value range of $872.50 to $922.50 per $1,000, a Participation Rate of 150%, and a Barrier equal to 55% of each Initial Underlier Value. If called, investors would receive at least $1,300 per $1,000.
Royal Bank of Canada is offering $714,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of three ETFs: VanEck® Semiconductor (SMH), State Street® Utilities (XLU) and State Street® Metals & Mining (XME). The Trade Date is February 27, 2026, Issue Date March 4, 2026 and Maturity Date March 2, 2029.
Investors may receive a quarterly contingent coupon of $28.25 per $1,000 (a quarterly rate of 2.825%, or 11.30% per annum) if each Underlier is at or above its 65% Coupon Threshold on the relevant observation date. The Notes are auto-callable on scheduled Call Observation Dates if each Underlier is at or above its Initial Underlier Value; early redemption pays par plus the contingent coupon otherwise due. At maturity, if not called, principal protection depends on the Least Performing Underlier: full par is returned if its Final Underlier Value is at or above the Barrier (50% of Initial); otherwise principal is reduced pro rata by the Underlier Return. The initial estimated value is $959.92 per $1,000 principal amount, below the public offering price.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Bank of America Corporation. The offering totals $1,980,000 at a public offering price of 100.00% and an initial estimated value of $968.22 per $1,000 principal amount.
Key terms: Initial Underlier Value $49.83, Barrier and Coupon Threshold $34.88 (70% of initial), Physical Delivery Amount 20.0682 shares per $1,000. Trade Date February 27, 2026, Issue Date March 4, 2026, Valuation Date March 29, 2027, Maturity Date April 1, 2027. Contingent Coupon if payable is $7.583 per $1,000 (annualized 9.10%). If not called, principal repayment at maturity is either $1,000 (if Final Underlier Value ≥ Barrier) or the Physical Delivery Amount in shares (which may be worth substantially less).
Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the EURO STOXX 50® Index. The notes mature on March 2, 2028 with a valuation date of February 28, 2028. Key economics: a 300% Participation Rate (subject to a 22% Maximum Return), a 15% Buffer and a maximum payment of $1,220 per $1,000 principal amount. The Initial Underlier Value is 6,138.41 and the Buffer Value is 5,217.65. Trade Date was February 27, 2026 and Issue Date March 4, 2026. The public offering price is $1,000 per $1,000 with an initial estimated value of $980.88 per $1,000. All payments are subject to the issuer’s credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of JPMorgan Chase & Co. The notes have a Trade Date of March 16, 2026, an Issue Date of March 19, 2026, a Valuation Date of June 16, 2027 and a Maturity Date of June 21, 2027. The contingent coupon, if payable, equals $8.833 per $1,000 (an annualized 10.60% per annum). The barrier and coupon threshold are set at 70% of the Initial Underlier Value. The notes are callable monthly beginning on the sixth observation; if called, holders receive principal plus the contingent coupon otherwise due. At maturity, if the Final Underlier Value is below the barrier, holders receive a physical delivery of JPM shares equal to $1,000 divided by the Initial Underlier Value, which may result in significant principal loss. Public offering price is 100.00% with underwriting discounts of 1.00%; initial estimated value is expected between $915.00 and $965.00 per $1,000. CUSIP: 78015QWR8.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Class A common stock of Alphabet Inc., due June 21, 2027. The notes trade on a per $1,000 offering price of 100.00% with an initial estimated value between $935.50 and $985.50 per $1,000.
The notes pay a Contingent Coupon of $10.375 per $1,000 monthly (equivalent to 12.45% per annum) when the Underlier meets the Coupon Threshold on observation dates. The Barrier and Coupon Threshold equal 65% of the Initial Underlier Value. If not auto-called and the Final Underlier Value is below the Barrier, holders receive a Physical Delivery Amount of shares (or cash for fractional shares), which may be worth substantially less than principal. Trade Date is March 16, 2026 and Issue Date is March 19, 2026. Certain terms are "subject to postponement" as stated in the supplement.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the VanEck Semiconductor ETF (SMH) and the State Street SPDR S&P Oil & Gas E&P ETF (XOP).
The Notes price to public is $1,000 per $1,000 principal amount (100.00%), with underwriting discounts of 1.00%. The initial estimated value is expected to be between $900.00 and $950.00 per $1,000. The Contingent Coupon, if payable, is $41.875 per $1,000 per quarter (16.75% per annum). Strike Date is February 27, 2026, Issue Date March 5, 2026, Valuation Date February 27, 2029, and Maturity Date March 2, 2029.
At maturity, if the Final Underlier Value of the Least Performing Underlier is below its Barrier (65% of its Initial Underlier Value), investors receive $1,000 plus the Underlier Return of that Least Performing Underlier (which can result in substantial loss of principal). All payments are subject to the Bank's credit risk. The Notes include automatic early call provisions and quarterly contingent coupon observation/payment mechanics.
Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the iShares MSCI EAFE ETF, the Nasdaq-100 Index and the Russell 2000 Index. The Notes trade on a $1,000 principal amount basis with a public offering price of 100.00% of par. The Trade Date is March 2, 2026, Issue Date March 4, 2026, Valuation Date February 28, 2028 and Maturity Date March 2, 2028.
The Notes pay a contingent quarterly coupon of $31.00 per $1,000 principal (a quoted rate of 3.10% per quarter; 12.40% per annum) only if each Underlier is at or above its Coupon Threshold (70% of its Initial Underlier Value) on the prior observation. If on any Call Observation Date all Underliers are at or above their Initial Underlier Values the Notes will be automatically called and investors receive $1,000 plus the contingent coupon otherwise due. At maturity, if not called, repayment depends on the Least Performing Underlier relative to its Barrier (65% of Initial Underlier Value): full principal if at or above the Barrier; otherwise a loss equal to the Underlier Return, potentially resulting in substantial or total principal loss. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering two separate Capped Return Dual Directional Buffer Notes linked to different equity indices: the Nasdaq-100 Index (NDX) and the Russell 2000 Index (RTY). Each $1,000 note pays at maturity based on the Underlier Return, with a Participation Rate of 100%, a Buffer Percentage of 15% and a capped upside (cover page: at least 17.50% for NDX and 19.25% for RTY). Trade Date is March 26, 2026, Issue Date March 31, 2026, Valuation Date March 27, 2028, and Maturity Date March 30, 2028. All payments are subject to the Bank’s credit risk.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to the capital stock of International Business Machines Corporation due March 21, 2029. The Notes have a public offering price of $1,000 per $1,000 principal amount (100%), an underwriting discount of 2.50%, and proceeds to the issuer of 97.50%. The initial estimated value is stated as between $906.00 and $956.00 per $1,000 principal amount.
The Key Terms include: Trade Date March 16, 2026, Issue Date March 19, 2026, Valuation Date March 16, 2029, Maturity Date March 21, 2029, Call Observation Date March 22, 2027 and Call Settlement Date March 25, 2027. The Barrier Value is 70% of the Initial Underlier Value and the Participation Rate is 150%. If automatically called, the illustrative call payment is at least 122% of principal. All payments are subject to Royal Bank of Canada credit risk and certain terms are "subject to postponement."
Royal Bank of Canada is offering principal-protected-conditional notes linked to the EURO STOXX 50® Index with a $1,000 principal amount per note and an aggregate principal amount of $1,619,000. Trade date is February 26, 2026, original issue (settlement) date is March 3, 2026, determination date is December 8, 2027 and stated maturity is December 10, 2027.
The notes pay no interest. If the final underlier level on the determination date is >= 85.00% of the initial underlier level (6,161.56), holders receive a capped threshold settlement amount of $1,149.00 per $1,000 note. If the final underlier level is below that threshold, the cash settlement will decline proportionally and could result in a total loss of principal. The initial estimated value on the trade date was $997.13 per $1,000 note.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the lesser performing of the XLK and XOP ETFs, offered at 100.00% of par (total public offering $750,000). The initial estimated value per $1,000 note is $985.42, and proceeds to the Bank are $742,500.
The Notes have a Strike Date of February 24, 2026, Trade Date February 26, 2026, Issue Date March 3, 2026, Valuation Date February 26, 2029 and Maturity Date March 1, 2029. They pay a Contingent Coupon of $41.25 per $1,000 note when each Underlier is at or above its Coupon Threshold on observation dates (equivalent to 16.50% per annum if payable). The Barrier and Coupon Threshold equal 75% of each Initial Underlier Value.
If called early (quarterly observations), holders receive par plus any Contingent Coupon otherwise due; if not called, maturity payment depends on the Final Underlier Value of the least performing Underlier: full par if at or above its Barrier, or a loss proportional to that Underlier Return if below the Barrier. All payments are subject to Royal Bank of Canada credit risk. The pricing supplement highlights risks, tax uncertainty, possible conflicts of interest and limited secondary-market valuation.
$1,769,000 aggregate principal amount of Auto-Callable Contingent Coupon Barrier Notes is being offered by Royal Bank of Canada.
The Notes link to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, have a Trade Date of February 26, 2026, Issue Date March 3, 2026, Valuation Date February 26, 2029 and Maturity Date March 1, 2029. If payable, the Contingent Coupon is $6.792 per $1,000 (annualized 8.15%); coupons pay monthly if each Underlier meets its Coupon Threshold. The Notes are automatically callable if, on a Call Observation Date, each Underlier is at or above its Initial Underlier Value; holders receive principal plus the contingent coupon then due. At maturity, if the Least Performing Underlier is below its Barrier (70% of Initial Underlier Value), principal is reduced by that Underlier Return, and investors may lose a substantial portion or all principal. All payments are subject to Royal Bank of Canada credit risk and the offering materials highlight significant risks, tax considerations and distribution fees.
Royal Bank of Canada offers Auto-Callable Enhanced Return Barrier Notes linked to a five-stock basket. The Notes are offered at 100.00% of principal with underwriting discounts of 2.50% and net proceeds to the issuer of 97.50%. The Trade Date is March 26, 2026, Issue Date March 31, 2026, Valuation Date March 26, 2029 and Maturity Date March 29, 2029.
If the Basket is at or above its Initial Basket Value on the Call Observation Date (April 1, 2027), the Notes are automatically called for $1,160 per $1,000 principal amount. If not called, maturity payoffs use a 125% Participation Rate, a Barrier Value equal to 70% of the Initial Basket Value, and an Initial Basket Value set to 100 on the Trade Date. The initial estimated value is expected to be between $890 and $940 per $1,000 principal amount.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of Adobe, Salesforce, Microsoft, Oracle and Palo Alto Networks.
Key terms: Trade Date March 31, 2026, Issue Date April 6, 2026, Valuation Date April 2, 2029, Maturity Date April 5, 2029. The Notes are callable on the Call Observation Date April 6, 2027 for a fixed call payment of $1,200 per $1,000 principal amount if the Basket closing value is >= the Initial Basket Value.
Payoff mechanics: Initial Basket Value is set to 100; Barrier Value is 70 (70% of initial). If not called, positive Basket Return at maturity pays $1,000 + $1,000 × Basket Return × 125%. If Final Basket Value is between Initial and Barrier, principal is returned; below the Barrier investors suffer linear losses (example: a -50% Basket Return yields $500 per $1,000). Public offering price is 100% with underwriting discount 1%; initial estimated value is expected between $910 and $960.
All payments are subject to Royal Bank of Canada credit risk; investors may lose a substantial portion or all principal. The pricing supplement identifies material tax, market‑liquidity and conflict risks; consult advisors before investing.
Royal Bank of Canada offers $750,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of two ETFs. The Notes were priced on the Trade Date: February 26, 2026 with Issue Date March 3, 2026 and maturity on March 1, 2029.
The Notes pay a quarterly Contingent Coupon of $46.25 per $1,000 (equivalent to 18.50% per annum) when each Underlier meets its quarterly Coupon Threshold. The Underliers are the VanEck Semiconductor ETF (initial value $412.01) and the SPDR S&P Oil & Gas E&P ETF (initial value $149.79), with Coupon Thresholds and Barrier Values equal to 70% of those initial values. If not auto-called and the least performing Underlier finishes below its Barrier Value at maturity, principal is reduced pro rata by that Underlier Return.
Royal Bank of Canada is offering Accelerated Return Notes® linked to an international equity index basket with a term of approximately 14 months and a $10 principal amount per unit. The notes provide a 300% participation rate in positive Basket performance subject to a Capped Value that the term sheet estimates will be between $11.55 and $11.95 per unit. The initial estimated value range on the pricing date is stated as $9.18 to $9.68 per unit, below the $10 public offering price; underwriting discount is $0.175 per unit and a disclosed hedging-related charge is $0.05 per unit. Payments at maturity depend on the Basket’s Ending Value versus the Starting Value of 100.00; if the Ending Value is below the Starting Value you may lose all or part of your principal. All payments are subject to RBC’s credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The Trade Date is February 26, 2026, Issue Date March 3, 2026, Valuation Date February 28, 2028 and Maturity Date March 2, 2028.
The public offering price is shown as 100.00% ($1,170,000 total). The Notes pay a contingent monthly coupon of $8.333 per $1,000 (10.00% per annum) when each Underlier is at or above its 75% Coupon Threshold on observation dates. The Notes are auto-callable on specified quarterly Call Observation Dates if each Underlier is at or above its Initial Underlier Value; if called, investors receive principal plus the coupon otherwise due on the Call Settlement Date.
At maturity, if not called, investors receive par if the Least Performing Underlier is at or above its Barrier Value (70% of initial); otherwise payment is reduced proportionally to the Underlier Return of the Least Performing Underlier. All payments are subject to RBC credit risk and material risks are summarized in the pricing supplement.
Royal Bank of Canada sells Accelerated Return Notes® linked to the Global X Robotics & Artificial Intelligence ETF. The notes are senior unsecured debt with a $10.00 principal per unit and an initial public offering price of $10.00 per unit. The underwriting discount is $0.175 per unit and proceeds to RBC are $9.825 per unit. The initial estimated value on the pricing date is expected to be between $9.23 and $9.73 per unit.
The notes mature approximately 14 months (due May, 2027) and provide a leveraged return at a 300% Participation Rate up to a Capped Value expected between $11.70 and $12.10 per unit (a 17.00% to 21.00% return). Payments depend on the Ending Value of the Global X Robotics & Artificial Intelligence ETF ("BOTZ") and are subject to RBC credit risk and fees, including a hedging-related charge of $0.05 per unit.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Russell 2000®, S&P 500® and EURO STOXX 50®. The Notes have a Trade Date of March 16, 2026, Issue Date March 19, 2026, Valuation Date March 18, 2030 and Maturity Date March 21, 2030.
The public offering price is 100.00% (par) with underwriting discounts of 2.50%. The initial estimated value is expected to be between $889.00 and $939.00 per $1,000 principal amount and will be less than the public offering price. Contingent Coupons, if payable, are at least $20.75 per $1,000 (at least 8.30% per annum). The Coupon Threshold and Barrier Value for each Underlier equal 70% of its Initial Underlier Value. If not auto-called, repayment at maturity depends on the Final Underlier Value of the least performing Underlier; a Final Underlier Value below the Barrier can result in substantial or total loss of principal.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The Notes have a Trade Date of March 6, 2026, an Issue Date of March 11, 2026, a Valuation Date of March 6, 2029 and a Maturity Date of March 9, 2029.
The Notes pay a monthly contingent coupon of $7.542 per $1,000 (stated annualized rate 9.05%) when each Underlier meets its coupon threshold. The coupon threshold and barrier for each Underlier equal 60% of its Initial Underlier Value. The Notes are callable on monthly Call Observation Dates beginning September 8, 2026; if called, investors receive par plus any due coupons. If not called, at maturity investors receive par if the Final Underlier Value of the least performing Underlier is at or above its barrier; otherwise repayment equals $1,000 plus the Underlier Return of the least performing Underlier, which can result in substantial principal loss.
The public offering price is 100.00% of principal ($1,000 per $1,000), underwriting discount is 0.50%, and proceeds to the issuer are 99.50%. The initial estimated value is expected between $934.50 and $984.50 per $1,000.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes due March 13, 2046 with an annual interest rate of 5.15%, priced between $965.00 and $1,000.00 per $1,000 principal amount. Interest is paid annually on March 13 beginning March 13, 2027. The issuer may redeem the Notes in whole on any Call Date (first callable on the Interest Payment Date scheduled on March 13, 2029) with at least 10 business days’ notice. The Notes are subject to Canadian bail-in powers under the CDIC Act and all payments are subject to the Bank’s credit risk. RBCCM is the calculation agent and underwriter; underwriting concessions of up to $35.00 per $1,000 may be paid to selected broker-dealers.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Buffer Notes linked to the common stock of NVIDIA Corporation. The Terms state a Trade Date of March 11, 2026, Issue Date of March 16, 2026, a Valuation Date of March 13, 2028 and a Maturity Date of March 16, 2028. The Notes feature an automatic call if the closing value of the Underlier on the Call Observation Date is greater than or equal to the Initial Underlier Value; in that event investors receive $1,208.50 per $1,000 principal amount (120.85%).
If not called, the Notes pay at maturity: upside equal to 125% of the Underlier Return (if positive), full principal if the Final Underlier Value is at least the Buffer Value (80% of the Initial Underlier Value), and share downside below the Buffer with a 20% buffer (you can lose a substantial portion of principal). The public offering price is 100% with underwriting discounts of 1.75% and proceeds to RBC of 98.25%. The pricing supplement states an initial estimated value between $927.70 and $977.70 per $1,000, which is less than the public offering price; all payments are subject to RBC credit risk.
Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the S&P 500® Index. The Notes have a Trade Date of March 26, 2026, Issue Date March 31, 2026, Valuation Date September 27, 2027 and Maturity Date September 30, 2027. Payments at maturity per $1,000 principal: up to a Maximum Return of 14.50% (maximum payment $1,145) if the Final Underlier Value is above the Initial Underlier Value; a full principal repayment if Final Underlier Value is between the Initial Underlier Value and the Buffer Value (85% of the Initial Underlier Value); and losses (reduced by a Buffer Percentage of 15%) if the Final Underlier Value is below the Buffer Value. The Participation Rate is 150%. The initial estimated value is expected between $939.00 and $989.00 per $1,000 principal amount and the public offering price is 100% (underwriting discount 0.50%). All payments are subject to the Bank's credit risk.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes. The Notes pay 4.10% per annum semiannually, have a $1,000 minimum denomination, an Issue Date of March 13, 2026, and a Maturity Date of March 13, 2031. The issuer may redeem in whole on any Call Date beginning September 13, 2027 with 10 business days’ notice. Purchasers are deemed to consent to Canadian bail-in powers under the CDIC Act; payments are subject to the Bank’s credit risk. Pricing ranged between $987.50 and $1,000.00 per $1,000 principal amount on the Issue Date.
Royal Bank of Canada is offering three separate Capped Enhanced Return Buffer Notes linked respectively to the Nasdaq-100 (NDX), Russell 2000 (RTY) and S&P 500 (SPX) indices. The Trade Date is March 31, 2026, Issue Date April 6, 2026, Valuation Date March 31, 2028 and Maturity Date April 5, 2028.
Each $1,000 principal note offers a Participation Rate of 150% up to a capped Maximum Return (noted on the cover: NDX 24%–26%, RTY 27%–29%, SPX 20.5%–22.5%). Notes protect principal for declines up to the 10% Buffer (Buffer Value = 90% of Initial Underlier Value); declines beyond the Buffer reduce principal on a pro rata basis. All payments are subject to RBC credit risk and secondary market liquidity and transaction costs may be substantial.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Trade Date is March 26, 2026, Issue Date March 31, 2026, Valuation Date April 26, 2027 and Maturity Date April 29, 2027.
The Notes pay a monthly Contingent Coupon if each Underlier is at or above a Coupon Threshold; the Contingent Coupon is at least $6.667 per $1,000 (at least 8.00% per annum) when payable. The Notes are automatically called if, on any Call Observation Date beginning September 28, 2026, each Underlier is at or above its Initial Underlier Value; called notes pay par plus the Contingent Coupon otherwise due.
At maturity, if not called, investors receive $1,000 if the Final Value of the least performing Underlier is greater than or equal to its Barrier (set at 75% of initial). If below the Barrier, the payment equals $1,000 plus $1,000 times the Underlier Return, and investors may lose a substantial portion or all of principal. The public offering price is 100.00% with underwriting discounts of 2.00%; the initial estimated value is expected between $905.00 and $955.00 per $1,000.
Royal Bank of Canada offers Capped Return Dual Directional Buffer Notes linked to the S&P 500® Index. The pricing supplement sets a Trade Date of March 31, 2026, an Issue Date of April 6, 2026, a Valuation Date of March 31, 2028 and a Maturity Date of April 5, 2028.
Each $1,000 note pays at maturity based on the Underlier Return with a 100% Participation Rate, a Maximum Upside Return of 18% (maximum payment $1,180), and a Buffer Percentage of 15%. The initial estimated value is stated between $930.50 and $980.50 per $1,000, the public offering price is 100% and underwriting discounts equal 1%.
Royal Bank of Canada is offering Issuer Callable Contingent Coupon Buffer Notes with Memory Coupon linked to the Bloomberg US Large Cap VolMax Index. The Notes have a Trade Date of March 12, 2026, Issue Date March 17, 2026, and Maturity Date March 17, 2031.
The Notes pay a contingent quarterly coupon of $30.625 per $1,000 (3.0625% per quarter; 12.25% per annum) when the Underlier closes at or above a Coupon Threshold equal to 60% of the Initial Underlier Value. The Notes include a 20% buffer (Buffer Value = 80% of Initial Underlier Value) at maturity and are callable by the issuer beginning on the fourth Coupon Payment Date. The initial estimated value is expected to be between $920.00 and $970.00 per $1,000 and the public offering price is 100% with underwriting discount of 0.25%.
Royal Bank of Canada is offering two separate Capped Enhanced Return Buffer Notes linked to the Nasdaq-100 Index (NDX) and the Russell 2000 Index (RTY). Each note has a Participation Rate of 150%, a Buffer Percentage of 10% and a trade date of March 26, 2026.
Issue date is March 31, 2026, valuation date is March 27, 2028 and maturity date is March 30, 2028. Payment at maturity depends on the Underlier Return subject to a stated Maximum Return (cover page range: NDX 20.50%-22.50%; RTY 23%-25%) and the 10% downside buffer.
Royal Bank of Canada is offering principal‑protected notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index, maturing October 1, 2029. The Trade Date is March 26, 2026 and the Issue Date is March 31, 2026. The notes pay per $1,000 principal: if the Final Underlier Value is greater than the Initial Underlier Value, investors receive $1,000 plus the Underlier Return × the 100% Participation Rate; if the Final Underlier Value is less than or equal to the Initial Underlier Value, investors receive $1,000.
The public offering price is 100.00% of principal, underwriting discount is 3.00%, and estimated initial value is stated to be between $901.00 and $951.00 per $1,000 principal amount. Payments are subject to the issuer's credit risk. The Underlier is subject to a 0.5% annual decrement fee and additional funding and transaction costs that will reduce index performance.
Royal Bank of Canada is offering Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index (SPMKTD). The Notes have a Trade Date of March 26, 2026, an Issue Date of March 31, 2026 and a Maturity Date of March 31, 2031. At maturity investors receive per $1,000 principal either $1,000 plus 135% of the Underlier Return if the Final Underlier Value exceeds the Initial Underlier Value, or $1,000 if it does not. The public offering price is 100% with underwriting discounts of 4.00%. The initial estimated value is expected to be between $886.00 and $936.00 per $1,000 principal amount and will be less than the public offering price. All payments are subject to the issuer's credit risk and the Underlier is subject to deductions including a 0.5% annual decrement and transaction/funding costs that reduce performance.