Royal Bank of Canada is offering four separate Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon, each linked to a single equity underlier: AMZN (principal amount offered $4,601,000), BX ($3,798,000), DOCU ($1,437,000) and SLB ($605,000).
Each series has its own Contingent Coupon Rate (10.25%–14.50% per annum), quarterly observation and payment dates, an automatic call feature if the underlier on a Call Observation Date is at or above its Initial Underlier Value, and a maturity payment that can return less than principal if the Final Underlier Value is below the stated Barrier Value. Trade Date is February 24, 2026, Issue Date February 27, 2026, Valuation Date February 23, 2029 and Maturity Date February 28, 2029. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering Trigger Autocallable Contingent Yield Notes totaling $2,100,000 linked to the common stock of Microsoft Corporation due August 27, 2027. The notes pay a 13.25% per annum contingent quarterly coupon if Microsoft closes at or above the Coupon Barrier (set at $291.75, which is 75% of the Initial Underlying Value). The Initial Underlying Value was set at $389.00 on the February 24, 2026 trade date.
If the underlying meets the Call Observation criterion on any quarterly Call Observation Date, the notes will be automatically called and pay principal plus the contingent coupon for that quarter. If not called, maturity repayment depends on the Final Underlying Value observed on August 24, 2027: full principal plus final contingent coupon if the Final Underlying Value is at or above the Downside Threshold ($291.75); otherwise a reduced cash payment equal to $10 + ($10 × Underlying Return), exposing investors to up to 100% principal loss. Payments are subject to the issuer’s creditworthiness. The offering is in denominations of $10 with a $1,000 minimum investment.
Royal Bank of Canada is offering Capped Enhanced Return Dual Directional Buffer Notes linked to the VanEck Gold Miners ETF. The Notes have a Trade Date of February 24, 2026, an Issue Date of February 27, 2026, a Valuation Date of February 26, 2029 and a Maturity Date of March 1, 2029.
The economic terms per $1,000 principal amount include a Participation Rate of 200% (subject to a Maximum Upside Return of 47%), a Buffer Percentage of 20% (Buffer Value equals 80% of the Initial Underlier Value), an initial estimated value of $939.52 and a public offering price at par. Payments at maturity vary by the Final Underlier Value relative to the Initial Underlier Value and Buffer Value; all payments are subject to the Bank's credit risk.
Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the S&P 500 Index with a total public offering amount of $1,331,000.
The notes have a Trade Date of February 24, 2026, an Issue Date of February 27, 2026, a Valuation Date of February 24, 2028 and a Maturity Date of February 29, 2028. They pay at maturity either principal plus a capped upside (a 125% Participation Rate subject to an 18% Maximum Return) or, if the Underlier falls below a Buffer Value equal to 90% of the Initial Underlier Value, a reduced payment that absorbs losses net of a 10% buffer. All payments are subject to the issuer's credit risk and the initial estimated value per $1,000 principal amount was $967.00, below the public offering price.
Royal Bank of Canada offers Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index. The notes are issued at a public offering price of $1,000 per $1,000 principal amount, with total proceeds to the public shown as $600,000. The Trade Date is February 24, 2026, Issue Date is February 27, 2026, Valuation Date is February 24, 2031 and Maturity Date is February 27, 2031.
At maturity investors receive $1,000 plus $1,000 times the Underlier Return times a Participation Rate of 140% if the Final Underlier Value is greater than the Initial Underlier Value (Initial Underlier Value: 3,816.48). If the Final Underlier Value is less than or equal to the Initial Underlier Value, investors receive $1,000. All payments are subject to the issuer's credit risk.
Royal Bank of Canada is offering Capped Return Dual Directional Buffer Notes linked to the S&P 500® with a total public offering of $3,412,000. The Notes pay up to an 18% capped upside and provide a 10% downside buffer; final payout depends on the Final Underlier Value on the Valuation Date. Trade Date is February 24, 2026, Issue Date is February 27, 2026, Valuation Date is February 24, 2028 and Maturity Date is February 29, 2028. The initial estimated value is $966.09 per $1,000 principal amount, below the public offering price, and all payments are subject to the Bank'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 State Street SPDR S&P Oil & Gas Exploration & Production ETF. The Notes have a Trade Date of February 26, 2026, an Issue Date of March 3, 2026, and a stated Maturity/Valuation anchor with a Valuation Date of February 26, 2029 and a Maturity Date of March 1, 2029.
The Notes pay a quarterly Contingent Coupon of $46.25 per $1,000 principal (a 18.50% per annum rate, if payable) when each Underlier meets its Coupon Threshold. The Barrier and Coupon Threshold are each 70% of the Initial Underlier Value. The Notes are automatically called and redeemed early if, on any Call Observation Date, both Underliers close at or above their Initial Underlier Values; called holders receive principal plus the Contingent Coupon otherwise due. If not called, at maturity investors receive $1,000 if the Least Performing Underlier is at or above its Barrier; otherwise repayment equals $1,000 plus the Underlier Return (which can result in a substantial or total loss of principal). The public offering price is 100.00% (less a 1.00% underwriting discount), and the initial estimated value before pricing is stated between $900.00 and $950.00 per $1,000 principal amount.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to the Russell 2000 Index. The Notes have a Trade Date of February 24, 2026, Issue Date February 27, 2026, Valuation Date February 26, 2029 and Maturity Date March 1, 2029.
If called on the Call Observation Date, the Notes pay $1,100 per $1,000 (110%). At maturity the Notes pay: participation of 140% of positive Underlier Return, full principal if final value ≥ the Barrier (75% of initial), or a loss equal to the Underlier Return if final value < the Barrier. All payments are subject to the Bank’s credit risk.
Royal Bank of Canada is offering Barrier Digital Notes totaling $4,319,000 linked to the performance of the least performing of the MSCI Emerging Markets Index and the EURO STOXX 50® Index. The Notes trade on February 24, 2026, issue on February 27, 2026, and mature on February 27, 2031.
Per $1,000 principal, the public offering price is $1,000 and the initial estimated value is $942.89. At maturity the payoff depends on the Least Performing Underlier: if its Final Underlier Value ≥ Initial Underlier Value you receive $1,000 plus the greater of the Underlier Return or the Digital Return of 57%; if the Final Value is below initial but ≥ the Barrier (70% of initial) you receive $1,000; if below the Barrier you receive $1,000 plus the Underlier Return (which can result in substantial loss).
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® indices.
The notes have a Trade Date of February 24, 2026, Issue Date February 27, 2026, Valuation Date February 25, 2030 and Maturity Date February 28, 2030. If payable, the Contingent Coupon is $21.25 per $1,000 each quarter (8.50% per annum). The Coupon Threshold and Barrier for each Underlier is 70% of its Initial Underlier Value. The notes are callable quarterly beginning on the fourth Coupon Observation Date if each Underlier is at or above its Initial Underlier Value. The public offering price is $1,000 per $1,000 principal and the initial estimated value was $956.71 per $1,000.