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 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 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 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.