Every 424B that Royal Bank of Canada (RY) 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 RY 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 RY filings page.
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 April 27, 2026, Issue Date April 30, 2026, a Call Observation Date of May 3, 2027 and a Maturity Date of May 2, 2029. The Notes pay at least $1,115 per $1,000 if automatically called; otherwise payments depend on the Final Underlier Value versus a Barrier Value equal to 70% of the Initial Underlier Value. The Participation Rate at maturity if not called is 150%. The public offering price is par; underwriting discount is 2.50% and proceeds to the Bank are 97.50%. The initial estimated value is stated to be between $916.02 and $966.02 per $1,000. All payments are subject to the issuer's credit risk and the Notes are not FDIC- or CDIC-insured.
Royal Bank of Canada is offering two Capped Enhanced Return Buffer Notes, each linked to a different equity index: 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 an index-specific Maximum Return shown on the cover (20.50% for NDX; 23% for RTY). The 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 varies with the Final Underlier Value: investors may receive leveraged upside limited by the Maximum Return, full principal if decline is within the 10% buffer, or a reduced payment if the Final Underlier Value is below the Buffer Value. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is selling Capped Return Dual Directional Buffer Notes linked to the S&P 500® Index. The offering totals $2,383,000 at a public offering price of $1,000 per $1,000 principal amount. Trade Date is March 26, 2026, Issue Date March 31, 2026, Valuation Date March 27, 2028 and Maturity Date March 30, 2028. Key economic terms: Participation Rate 100%, Maximum Upside Return 18% (capped payment of $1,180 per $1,000), and a 10% buffer (Buffer Value: 5,829.44). The initial estimated value is $952.04 per $1,000, and all payments are subject to the issuer's credit risk.
Royal Bank of Canada offers non-interest bearing, senior notes linked to the MSCI EAFE® Index with a principal amount of $1,000 per note. The notes provide an upside participation rate of 160%, a buffer of 12.50% (buffer level 87.50%) and a capped payout (cap level expected between 111.79% and 113.87%) with a maximum settlement amount expected between $1,188.64 and $1,221.92 per $1,000. Term is expected to be between 16 and 18 months from trade date to determination date. Notes will not be listed, will not pay interest, and are subject to RBC credit risk. The initial estimated value is expected between $964.20 and $994.20 per $1,000. The final trade date terms will be set in the final pricing supplement.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Geared Buffer Notes linked to the S&P 500® Futures Excess Return Index. The terms state a $1,020,000 total public offering price shown on the cover, a minimum investment of $1,000, an Initial Estimated Value of $980.14 per $1,000 principal amount, and an underwriting discount of 0.85%.
The Notes have a Trade Date of March 20, 2026, Issue Date of March 25, 2026, Valuation Date March 20, 2031 and Maturity Date March 25, 2031. A single early call observation is on March 29, 2027 with a Call Settlement Date of April 1, 2027; an automatic call pays $1,140 per $1,000 (114%).
If not called, the notes pay at maturity: upside participation of 200% of positive Underlier Return; a Buffer Percentage of 20%; and a Downside Multiplier of 1.25. All payments are subject to the Bank’s credit risk, limited secondary market liquidity and specific tax considerations described in the supplement.
Royal Bank of Canada is offering Dual Directional Buffer Digital Notes linked to the S&P 500 Index. The Notes have a Trade Date of March 20, 2026, Issue Date March 25, 2026, Valuation Date April 20, 2027 and Maturity Date April 23, 2027.
Per the pricing supplement, the offering shows total proceeds of $1,527,000. The initial estimated value is $980.13 per $1,000 principal amount, below the public offering price. Payments at maturity depend on the Final Underlier Value versus the Digital Barrier (92.40% of the Initial Underlier Value) and the Buffer (86% of the Initial Underlier Value): if Final >= Digital Barrier investors receive a 7.60% Digital Return; if Final is between the Digital Barrier and the Buffer the payoff equals the absolute Underlier Return (capped at 14%); if Final < Buffer investors may lose a substantial portion of principal. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering senior unsecured structured notes called Autocallable Strategic Accelerated Redemption Securities, linked to one or more underlying stocks or ADRs. These notes do not pay interest and do not guarantee a return of principal. Each unit typically has a $10 principal amount and can be automatically called on set observation dates if the underlying reaches or exceeds a preset call level, paying back principal plus a fixed call premium.
If the notes are not called, the amount repaid at maturity depends on the underlying’s performance versus a threshold value. If the ending value is below this threshold, investors are exposed to one‑for‑one downside and can lose a significant portion or all of their investment. Payments depend on RBC’s credit and the notes are expected not to be listed on an exchange, so liquidity may be limited.
The product includes complex features such as baskets of stocks, anti‑dilution and market disruption adjustments, and detailed U.S. and Canadian tax considerations, including potential application of Section 871(m) to non‑U.S. holders. Investors do not receive dividends or voting rights in any underlying company and are encouraged to consult legal, tax and financial advisers before investing.