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.
Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the S&P 500® Index. The notes have a Participation Rate of 125%, a Buffer Percentage of 10% and a Maximum Return of 18% to 20% (to be set on the Trade Date). Trade Date is March 26, 2026, Issue Date March 31, 2026, Valuation Date March 27, 2028 and Maturity Date March 30, 2028. Payment at maturity depends on the Final Underlier Value versus the Initial Underlier Value and Buffer Value: gains are paid at 125% up to the Maximum Return; losses are absorbed only after the 10% buffer. The public offering price is 100% with underwriting discounts of 2.25% and proceeds to the issuer of 97.75%. The initial estimated value is expected between $916.50 and $966.50 per $1,000, which is less than the public offering price.
Royal Bank of Canada is offering five separate Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon, each linked to a specific equity underlier: AMZN, AVGO, AXON, CAT and CEG. The public offering price is 100.00% of principal with underwriting discounts of 2.50% and proceeds to RBC of 97.50%. Initial contingent coupon rates are specified by underlier and are expected in the ranges shown (for example, 10.00%–11.00% for AMZN and 13.00%–14.00% for AXON). Trade Date is March 16, 2026, Issue Date March 19, 2026, Valuation Date March 16, 2029 and Maturity Date March 21, 2029. Notes may be automatically called on quarterly Call Observation Dates if the underlier closes at or above its Initial Underlier Value, in which case holders receive principal plus any due Contingent Coupons. If not called, quarterly Contingent Coupons are payable only when the underlier is at or above the Coupon Threshold on the preceding observation date; unpaid coupons carry forward and are payable once if a later observation meets the threshold. At maturity, if the Final Underlier Value is below the Barrier Value, payment is reduced pro rata by the Underlier Return and holders may lose a substantial portion or all of principal. All payments are subject to RBC credit risk. This summary is qualified by the detailed risk, tax and distribution disclosures in the pricing supplement.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an unequally weighted basket of five international indices. The Notes are offered at a public offering price equal to $1,000 per $1,000 principal amount with an underwriting discount of 3.50% (proceeds to the Bank: 96.50%). The Trade Date is March 26, 2026, the Issue Date is March 31, 2026, the Valuation Date is March 26, 2031 and the Maturity Date is March 31, 2031.
The Notes pay at least 110% of principal if automatically called (call observation on April 1, 2027 with settlement on April 6, 2027). If not called, the Participation Rate at maturity is 150%, the Barrier Value is 75% of the Initial Basket Value (Initial Basket Value set to 100 on the Trade Date), and payments vary by final Basket performance; investors may lose a substantial portion or all principal if the Final Basket Value is below the Barrier Value. The issuer’s credit risk, initial estimated value range ($900–$950 per $1,000), and other risks are disclosed in the pricing supplement.
Royal Bank of Canada is offering Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index. The Notes have a $1,000 principal amount per Note, Trade Date March 31, 2026, Issue Date April 6, 2026, Valuation Date April 2, 2029 and Maturity Date April 5, 2029. If the Final Underlier Value is greater than the Initial Underlier Value, investors receive $1,000 + ($1,000 × Underlier Return × 105%); if not, investors receive $1,000. Payments are subject to the Bank’s credit risk. The public offering price is 100% (less a 1% underwriting discount); the issuer’s estimated initial value is stated between $919.00 and $969.00 per $1,000 principal amount.
Royal Bank of Canada is offering five separate Auto-Callable Contingent Coupon Barrier Notes (the "Notes"), each linked to a single-equity Underlier: KKR, NIKE (Class B), Oracle, United Airlines, and Workday. The Trade Date is March 16, 2026, Issue Date March 19, 2026, Valuation Date March 16, 2029 and Maturity Date March 21, 2029.
The public offering price is 100.00% of principal with underwriting discounts of 2.50% (proceeds to issuer 97.50%). Contingent Coupon Rate ranges are: KKR 10.25%-11.25%, NKE 10.50%-11.50%, ORCL 13.50%-14.50%, UAL 11.00%-12.00%, WDAY 11.00%-12.00%. Coupon payment and automatic call features are quarterly; automatic calls start on the Call Observation Date of September 16, 2026. Barrier/Coupon Threshold levels are specified per Underlier (for example, KKR 55% of Initial Underlier Value, NKE 70%, ORCL 50%, UAL 50%, WDAY 55%).
The Notes pay contingent quarterly coupons subject to observation thresholds, may be automatically called if the Underlier equals or exceeds its Initial Underlier Value on a Call Observation Date, and expose holders to issuer credit risk and potential loss of principal if the Final Underlier Value is below the Barrier Value.