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 Notes are offered at 100.00% of principal with underwriting discounts of 3.25% and proceeds to the Bank of 96.75%. The Trade Date is March 18, 2026, Issue Date March 23, 2026, Valuation Date March 18, 2030 and Maturity Date March 21, 2030. If not called, Contingent Coupons of $6.042 per $1,000 (annualized 7.25%) may pay monthly when each Underlier is >= its Coupon Threshold (70% of initial). At maturity investors receive principal if the least performing Underlier is >= its Barrier (60%); otherwise payment falls proportionally to that Underlier Return. The initial estimated value is expected between $900.00 and $950.00 per $1,000.
Royal Bank of Canada is offering 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 offering totals $8,500,000 at 100.00% of par.
The Notes pay a Contingent Coupon of $31.00 per $1,000 (a 3.10% quarterly rate; 12.40% annualized) when each Underlier is at or above its Coupon Threshold (70% of the Initial Underlier Value) on the relevant observation dates. The Notes are automatically called if, on a Call Observation Date, every Underlier is at or above its Initial Underlier Value; called investors receive par plus the then-due Contingent Coupon.
At maturity (if not called), repayment depends on the Least Performing Underlier: if that Underlier is at or above its Barrier Value (65% of Initial Underlier Value) investors receive $1,000; if below the Barrier, investors receive $1,000 × (1 + Underlier Return), risking substantial or total loss of principal. The initial estimated value was $992.29 per $1,000, which is less than the public offering price. All payments are subject to the issuer's credit risk and terms are subject to postponement.
Royal Bank of Canada is offering three separate Capped Enhanced Return Buffer Notes, each linked to a different equity index.
The offerings reference the Nasdaq-100 (NDX), Russell 2000 (RTY) and S&P 500 (SPX) underliers with public offering principals of $282,000, $160,000 and $1,750,000, respectively. Trade Date is February 27, 2026, Issue Date March 4, 2026, Valuation Date February 28, 2028 and Maturity Date March 2, 2028.
Key economic terms include a 150% Participation Rate (capped by the offering-specific Maximum Return), a 10% Buffer and specified Maximum Returns of 24% (NDX), 27% (RTY) and 20.50% (SPX). Payments at maturity vary by final index performance and are subject to the Bank’s credit risk.
Royal Bank of Canada is offering $1,415,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Devon Energy Corporation (DVN). The Trade Date is February 27, 2026, Issue Date March 4, 2026, Valuation Date February 28, 2028, and Maturity Date March 2, 2028. Each note has an Initial Underlier Value of $43.53, a Barrier and Coupon Threshold equal to 60% of that value ($26.12), and a Physical Delivery Amount of 22.9727 shares per $1,000 principal.
If not called, investors may receive a quarterly Contingent Coupon of $29.125 per $1,000 (a rate of 2.9125% per quarter or 11.65% per annum) only when the Underlier meets the Coupon Threshold on the prior observation date. If the Notes are not called and the Final Underlier Value is below the Barrier, holders receive the Physical Delivery Amount in shares (which could be worth substantially less than principal). The initial estimated value on the Trade Date was $972.52 per $1,000; public offering price is par. Underwriting discount is 1.75% ($24,762.50), with proceeds to the Bank of $1,390,237.50.
Royal Bank of Canada priced a market-linked, auto-callable senior note series due March 2, 2028 linked to the lowest performing of AMZN, EMR and MSFT. The securities have a face amount of $1,000 per security, an original offering price of $1,000, an initial estimated value of $966.29, and a contingent coupon rate of 13.90% per annum.
Quarterly contingent coupons are payable only if the lowest-performing underlying equals or exceeds its coupon threshold (60% of the starting value). The notes may be automatically called on specified quarterly observation dates starting in August 2026. If not called, principal at maturity depends on the lowest-performing underlying: full face amount if that underlying is ≥60% of its starting value, but investors can lose over 40% (and possibly all) if it falls below 60%.
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.