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 three separate Capped Enhanced Return Buffer Notes linked to the Nasdaq-100 (NDX), Russell 2000 (RTY) and S&P 500 (SPX) indices with principal aggregates of $1,114,000, $489,000 and $2,631,000, respectively.
Each offering has its own terms: specified Participation Rates (150% for NDX and RTY; 125% for SPX), Maximum Returns (23% NDX, 25% RTY, 19% SPX) and a 10% Buffer that protects investors against the first 10% of negative Underlier returns. Trade Date is June 25, 2026, Issue Date June 30, 2026, Valuation Date June 26, 2028 and Maturity Date June 29, 2028. All payments are subject to the Bank’s credit risk and the pricing supplement highlights secondary-market liquidity, tax and distribution conflicts of interest.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes that pay 4.60% per annum with a Pricing Date of June 25, 2026 and an Issue Date of June 29, 2026
Notes mature on June 29, 2029. The offering lists a public price of 100.00% (aggregate $1,635,000) with underwriting discounts of 0.50% and proceeds to the Bank of $1,626,825. The Notes are redeemable at the Bank's option on specified Call Dates and are subject to Canadian bail-in powers under the CDIC Act.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of ADBE, CRM, MSFT, ORCL, and PANW. The offering shows a total public offering amount of $735,000 with proceeds to the Bank of $718,315. The Notes have a Trade Date of June 25, 2026, an Issue Date of June 30, 2026, a Valuation Date of June 25, 2029 and a Maturity Date of June 28, 2029. If automatically called on the Call Observation Date, holders receive $1,180 per $1,000; if not called, maturity payments depend on the Final Basket Value, a Participation Rate of 125%, and a Barrier Value equal to 70% of the Initial Basket Value. All payments are subject to the Bank’s credit risk. The initial estimated value is $944.62 per $1,000 principal amount, which is less than the public offering price.
Royal Bank of Canada is offering three separate Capped Return Dual Directional Buffer Notes, each linked to a different equity index: the Nasdaq-100 (NDX), Russell 2000 (RTY) and EURO STOXX 50 (SX5E). Trade Date is June 25, 2026, Issue Date June 30, 2026, Valuation Date June 26, 2028 and Maturity Date June 29, 2028.
Key economic terms: Participation Rate 100% (capped by each offering’s Maximum Upside Return shown on the cover), a 15% buffer and payoff formulas that provide limited upside and partial protection for index declines down to the buffer. All payments are subject to Royal Bank of Canada credit risk.
The Royal Bank of Canada is offering $726,000 principal amount of Redeemable Fixed Rate Notes due June 30, 2033. The Notes carry a 5.00% fixed annual interest rate, pay interest annually, and are issued on June 30, 2026. The offering price is 100.00% of principal and underwriting discounts total 0.84% ($6,098.40), leaving proceeds to the Bank of $719,901.60. The Notes are redeemable at the Bank’s option on specified Call Dates beginning June 30, 2028, are subject to Canadian bail-in powers, and all payments are subject to the Bank’s credit risk. The pricing supplement incorporates and supersedes prior marketing materials and must be read together with the referenced prospectus, prospectus supplement, and product supplement.
Royal Bank of Canada is offering Dual Directional Buffer Digital Notes linked to the S&P 500® Index. The Trade Date is July 17, 2026 and the Issue Date is July 22, 2026; the Valuation Date is October 8, 2027 and the Maturity Date is October 13, 2027. Per $1,000 principal, the Notes pay either: (1) $1,000 plus a 6.90% Digital Return if the Final Underlier Value ≥ the Digital Barrier (93.10% of the Initial Underlier Value); (2) $1,000 plus the absolute value of a negative Underlier Return (capped at 20%) if Final Underlier Value is between the Digital Barrier and the Buffer (80% of Initial); or (3) $1,000 × (1 + Underlier Return + 20%) if Final Underlier Value < Buffer, which can cause principal loss. The initial estimated value is stated to be between $937.50 and $987.50 per $1,000 principal; public offering price is 100% and underwriting discount is 1.00%. 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 least performing of the DJIA, XLE and XLU. The notes have a Trade Date of July 13, 2026, Issue Date July 16, 2026 and a Valuation/Maturity window ending on July 14–17, 2031. If not called, investors may receive a Contingent Coupon of $7.083 per $1,000 monthly when all underliers meet the Coupon Threshold (70% of initial). At maturity, full principal is returned if the least performing underlier is at or above its Barrier (65% of initial); otherwise investors suffer losses proportional to that underlier's negative return. All payments are subject to Royal Bank of Canada credit risk.
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 indices. The Notes trade with a Trade Date of July 7, 2026, Issue Date July 10, 2026 and Maturity Date July 10, 2031. Payments: investors may receive a monthly Contingent Coupon of $7.75 per $1,000 (annualized 9.30%) when each Underlier is at or above a Coupon Threshold of 75% of its Initial Underlier Value. The Notes are callable on designated Call Observation Dates if all Underliers are at or above their Initial Underlier Values; called investors receive $1,000 plus the Contingent Coupon otherwise due. At maturity, if not called, holders receive $1,000 if the Least Performing Underlier is at or above its Barrier Value (70% of initial); if below the Barrier Value, principal is reduced by the Underlier Return of the Least Performing Underlier. The public offering price is 100.00% (per $1,000 principal) with underwriting discounts of 3.65%, resulting in proceeds to the issuer of 96.35%. The initial estimated value is stated as between $900.00 and $950.00 per $1,000. All payments are subject to RBC credit risk and multiple tax and market-risk disclosures apply.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100 Index and the S&P 500 Index. The Notes are issued in minimum denominations of $1,000 with a public offering price equal to par and an underwriting discount of 0.60%.
The Notes pay a contingent quarterly coupon of $28.125 per $1,000 (2.8125% per quarter; 11.25% per annum) when each Underlier meets its coupon threshold. The Notes are auto-callable on quarterly Call Observation Dates beginning December 29, 2026, and mature on July 5, 2029 with a Barrier set at 70% of each Initial Underlier Value. The initial estimated value is stated to be between $935.00 and $985.00 per $1,000 principal amount.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Buffer Notes linked to the Bloomberg US Large Cap VolMax Index. The issue price is 100.00% (aggregate $5,007,000) with underwriting discounts of 3.25%. Trade Date is June 25, 2026, Issue Date June 29, 2026, Valuation Date June 25, 2031 and Maturity Date June 30, 2031.
The Notes pay a contingent quarterly coupon of $42.50 per $1,000 (annualized 17.00%) when the Underlier is at or above a coupon threshold equal to 75% of the Initial Underlier Value. The Notes include a 15% buffer at maturity: if the Final Underlier Value is below the buffer, principal is reduced by (Underlier Return + 15%). The Notes are subject to issuer credit risk, index-level daily deductions (including a 6% per annum deduction factor, notional financing cost tied to SOFR, and transaction costs), potential automatic calls, and complex tax rules.
Royal Bank of Canada is offering $1,540,000 of Auto-Callable Contingent Coupon Geared Buffer Notes linked to Broadcom Inc. (AVGO). The notes pay a contingent quarterly coupon of $35.275 per $1,000 when the underlier meets a 65% coupon threshold, feature a 35% buffer and mature on July 9, 2027. If not called, principal protection applies only above the 35% buffer; losses occur below the buffer adjusted by a ~1.53846 downside multiplier. The initial estimated value per $1,000 is $989.98, below the public offering price of 100%.
Royal Bank of Canada is offering $850,000 of Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the least performing of Eli Lilly and Morgan Stanley common stock. The notes have a 2.97% quarterly Contingent Coupon (11.88% per annum) per $5,000 principal and an initial estimated value of $4,913.94 per $5,000 on the Trade Date. If not auto-called, maturity is December 30, 2027; repayment at maturity is either par or physical delivery of shares of the least performing underlier if that underlier finishes below its 50% Barrier Value. All payments are subject to the Bank’s credit risk and the notes are unsecured.
Royal Bank of Canada is offering $3,371,000 in Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Russell 2000® and S&P 500® Indexes, due June 28, 2029. The Notes pay a contingent quarterly coupon of $20.25 per $1,000 (annualized 8.10%) when each Underlier is at or above a 70% threshold on observation dates and are auto‑callable beginning on the fourth quarterly observation (first call observation June 24, 2027). If not called, principal at maturity depends on the Least Performing Underlier versus its 70% barrier: full principal if at/above the barrier, or a proportional principal loss if below (examples show losses up to 100%). 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 common stock of Broadcom Inc. The Notes have a Trade Date of July 2, 2026, an Issue Date of July 8, 2026, a Valuation Date of January 3, 2028 and a Maturity Date of January 6, 2028. Investors may receive quarterly Contingent Coupons of $35.125 per $1,000 (a stated rate of 14.05% per annum) only when the Underlier meets the Coupon Threshold. The Notes are automatically called if the Underlier closes at or above its Initial Underlier Value on a Call Observation Date, in which case holders receive par plus the Contingent Coupon otherwise due. At maturity, if not called, repayment depends on the Final Underlier Value relative to a Barrier Value equal to 50% of the Initial Underlier Value; if the Final Underlier Value is below the Barrier Value, holders suffer a proportional loss of principal. The public offering price is $1,000 per $1,000 principal amount, underwriting discount is 1.00%, and the issuer’s estimated initial value is between $927.10 and $977.10 per $1,000. All payments are subject to Royal Bank of Canada credit risk; the Notes are unsecured debt of the Bank. This summary is qualified in full by the pricing supplement and accompanying prospectus materials.
Royal Bank of Canada is offering $1,041,000 aggregate principal amount of Redeemable Fixed Rate Notes due June 26, 2041 that pay interest at 5.50% annually. The offering price is 100.00% of principal with underwriting discounts of 1.62%, and the issuer expects to receive $1,024,135.80 in proceeds.
The Notes are callable by the Bank on certain annual interest payment dates beginning June 26, 2029, are subject to Canadian bail-in powers, and are payable only subject to the Bank’s creditworthiness. The Calculation Agent is RBCCM.
The Royal Bank of Canada is offering $8,332,000 of Geared Buffer Digital Notes linked to the least performing of the Russell 2000, S&P 500 and the State Street Utilities Select Sector SPDR ETF. The Notes pay a Digital Return of 13.85% if the least performing underlier finishes at or above its Buffer Value (80% of initial); otherwise payments apply a Downside Multiplier of 1.25, exposing investors to partial or total principal loss. Trade Date: June 23, 2026; Issue Date: June 26, 2026; Valuation Date: September 23, 2027; Maturity Date: September 28, 2027. The initial estimated value is $994.10 per $1,000 and the offering price is par.
Royal Bank of Canada is offering Geared Buffer Digital Notes linked to the common stock of Amazon.com, Inc. The Notes are sold at a public offering price of $1,000 per $1,000 principal amount (100%) with an underwriting discount of 1.00%. The pricing supplement states an initial estimated value between $930.00 and $980.00 per $1,000 principal amount. Key economics include a Digital Return of 13.48%, a Buffer Percentage of 20% and a Downside Multiplier of 1.25. Important dates: Strike Date June 24, 2026, Trade Date June 25, 2026, Issue Date June 30, 2026, Valuation Date July 7, 2027 and Maturity Date July 12, 2027. Payments at maturity depend on the Final Underlier Value versus the Buffer Value; investors may receive the capped digital payout if performance is at/above the buffer or may suffer partial or complete loss of principal if performance is below the buffer. All payments are subject to the issuer's credit risk.
Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the S&P 500® Index. The Notes have a Trade Date of June 30, 2026, Issue Date July 6, 2026, Valuation Date December 30, 2027 and Maturity Date January 4, 2028. Payment at maturity depends on the Underlier Return versus the Initial Underlier Value: investors receive upside at a 150% Participation Rate subject to a Maximum Return of at least 11%, a principal-protection buffer of 20% (Buffer Value = 80% of the Initial Underlier Value), or a reduced principal if the Final Underlier Value falls below the Buffer Value. The public offering price is 100% and underwriting discounts equal 2.25%. The issuer notes the initial estimated value per $1,000 is expected between $921.50 and $971.50, which is less than the public offering price. The Notes are senior unsecured obligations of the Bank and carry the Bank's credit risk; significant risks, limited secondary-market liquidity and tax uncertainties are disclosed in the pricing supplement.
Royal Bank of Canada is offering market-linked Senior Global Medium-Term Notes (Series J) that are auto-callable securities linked to the lowest performing common stock of Amazon.com, Inc., Alphabet Inc. (Class A) and NVIDIA Corporation. The securities have a face amount of $1,000 per security, an original offering price of $1,000, an agent discount of $23.25 and expected proceeds to the issuer of $976.75 per security.
Key commercial dates and mechanics: strike date June 25, 2026, pricing date June 26, 2026, issue date July 1, 2026, final calculation day June 26, 2029 and stated maturity June 29, 2029. The initial estimated value is shown as between $880.00 and $930.00 per security. The contingent coupon rate will be set on the pricing date and will be at least 14.25% per annum, payable quarterly subject to the lowest performing underlying meeting a coupon threshold (55% of its starting value). If not auto-called prior to maturity, the maturity payment equals either the face amount or the face amount multiplied by the lowest performing underlying’s performance factor; downside exposure applies if that ending value is below the downside threshold (50% of starting value).
Royal Bank of Canada offers a U.S. dollar‑denominated structured note linked to the S&P 500® Index with an expected term of 20 to 23 months. Each note has a $1,000 principal amount. If the final index level on the determination date is ≥ 87.50% of the initial level, holders receive a capped threshold settlement amount; if below that threshold, holders suffer a proportionate negative return and could lose their entire investment. The notes pay no interest, are senior unsecured debt, will not be listed, and are subject to RBC credit risk. The initial estimated value is set below par and will be finalized on the trade date.
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 have a $1,000 principal unit price (CUSIP 78017U6P0), Trade Date June 22, 2026, Issue Date June 25, 2026 and Maturity Date May 25, 2028. The Notes pay a monthly contingent coupon of 0.675% (8.10% annualized) when each Underlier is at or above a Coupon Threshold (70% of initial). They are auto-callable beginning on the third observation (first call observation September 22, 2026) if all Underliers are at or above their Initial Underlier Values. At maturity, if the Least Performing Underlier is below its Barrier Value (65% of initial) the principal is reduced pro rata by that Underlier Return. The initial estimated value was $971.49 per $1,000 versus the public offering price of par.
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 pay a Contingent Coupon of 3.8125% per quarter (15.25% per annum) when observation conditions are met and are auto-called early if both underliers close at or above their initial values on a Call Observation Date.
The offering price is 100.00% of principal (aggregate $750,000 shown), with an initial estimated value of $979.56 per $1,000. The notes have a Barrier and Coupon Threshold equal to 50% of each underlier's Initial Underlier Value. Key dates: Strike Date June 18, 2026, Trade Date June 22, 2026, Issue Date June 25, 2026, Valuation Date June 18, 2029, Maturity Date June 22, 2029. All payments are subject to the Bank's credit risk and investors may lose a substantial portion or all principal if the least performing underlier finishes below its Barrier Value at maturity.
Royal Bank of Canada is offering $3,473,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Starbucks Corporation (SBUX), due July 27, 2027. The notes pay a monthly contingent coupon of $8.75 per $1,000 (10.50% per annum) when the Underlier meets the monthly Coupon Threshold, are callable beginning December 22, 2026, and at maturity deliver $1,000 if the Final Underlier Value is at or above the 70% Barrier ($70.11) or physical delivery of shares equal to $1,000 divided by the Initial Underlier Value ($100.15) if below the Barrier. The initial estimated value is $982.00 per $1,000; underwriting discounts total 1.50% ($52,095). All payments are subject to the Bank's credit risk and the notes are not FDIC/CDIC insured.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes with a memory coupon linked to the lesser-performing common stock of Eli Lilly and Morgan Stanley. Trade Date is June 24, 2026, Issue Date June 29, 2026, Valuation Date December 27, 2027, and Maturity Date December 30, 2027. The notes pay a quarterly Contingent Coupon of $148.50 per $5,000 (2.97% per quarter; 11.88% per annum) when each underlier meets the coupon threshold; unpaid coupons carry forward until a later payable date. The notes are auto‑callable quarterly if both underliers are at or above their Initial Underlier Values on a Call Observation Date. At maturity, if the least performing underlier is at or above its 50% Barrier Value, investors receive principal; if below, investors receive physical delivery of shares of the least performing underlier, which could be worth substantially less than principal. Payments are subject to RBC credit risk. The initial estimated value per $5,000 is stated to be between $4,602.50 and $4,852.50, below the public offering price. This pricing supplement highlights risks, tax treatment considerations, and distribution conflicts of interest.
Royal Bank of Canada (RBC) is offering Auto-Callable Contingent Coupon Geared Buffer Notes with Memory Coupon linked to the common stock of Broadcom Inc. (AVGO). The Notes are sold at $1,000 principal amount per Note (price to public 100% with certain fiduciary accounts paying $990). The underwriting discount is 1.00%. The Notes have an Initial Underlier Value of $380.15, a Buffer Value equal to 65% of that ($247.10), a Buffer Percentage of 35%, a Contingent Coupon of $35.275 per $1,000, and a Downside Multiplier of 100%/65% (≈1.53846). Key dates: Strike Date June 23, 2026, Trade Date June 24, 2026, Issue Date June 29, 2026, Valuation Date July 6, 2027, and Maturity Date July 9, 2027. Notes may be automatically called if the Underlier closes at or above the Initial Underlier Value on any Call Observation Date; if not called, payment at maturity depends on the Final Underlier Value relative to the Buffer Value and includes any payable or previously unpaid contingent coupons. All payments are subject to RBC’s credit risk. The pricing supplement discloses an initial estimated value range of $930.00–$980.00 per $1,000 principal amount (expected to be less than the public offering price).
Royal Bank of Canada is offering Enhanced Return Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index. The Trade Date is July 2, 2026, Issue Date July 8, 2026 and Maturity Date July 8, 2031. The notes pay at maturity based on the Underlier Return with a Participation Rate of 103.05% and a Barrier set at 70% of the Initial Underlier Value. If the Final Underlier Value is at or above the Initial Value, investors receive appreciation multiplied by the Participation Rate; if final value falls below the Barrier, investors suffer losses equal to the Underlier Return on principal. Initial estimated value is expected between $887.50 and $937.50 per $1,000 principal amount; public offering price is $1,000 with underwriting discount of 3.625%. All payments are subject to the issuer's credit risk and the pricing supplement highlights material risks, tax treatment uncertainty and conflicts of interest.
Royal Bank of Canada is offering $750,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the XLK and XOP ETFs, due June 22, 2029. The public offering price is 100.00% (per $1,000 principal), with underwriting discounts of 1.00% and proceeds to the Bank of $742,500.
The Notes pay a quarterly contingent coupon of $39.375 per $1,000 (annualized 15.75%) only when each Underlier is at or above a 70% Coupon Threshold/Barrier Value of its Initial Underlier Value on observation dates. If not auto‑called and the least performing Underlier finishes below its Barrier, principal is reduced pro rata by the Underlier Return; conversely, if at or above the Barrier at maturity, principal is repaid.
Royal Bank of Canada is offering Airbag Autocallable Yield Notes linked to Alphabet Inc. Class A common stock. The offering totals $1,576,000 at $1,000 per Note with a 10.00% per annum coupon payable monthly. The Notes are automatically callable on quarterly Call Observation Dates if the Underlying closes at or above the Initial Underlying Value. If not called, repayment at maturity depends on the Final Underlying Value relative to the Conversion Price (set at $312.83, 85% of the Initial Underlying Value of $368.03). If Final Underlying Value is below the Conversion Price, investors receive the Share Delivery Amount (3.1966 shares per Note) instead of full principal and may lose some or all principal. Trade Date: June 18, 2026; Settlement: June 24, 2026; Maturity: June 24, 2027. All payments are subject to the issuer's creditworthiness.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500. The notes are issued at par (100.00% of principal) with an underwriting discount of 1.00% (proceeds to the Bank: 99.00%). Key dates: Trade Date: July 1, 2026, Issue Date: July 7, 2026, Valuation Date: June 1, 2028 and Maturity Date: June 6, 2028. Investors may receive contingent quarterly coupons of $30.625 per $1,000 if each underlier meets a 70% threshold on observation dates; the notes are automatically called if, on a call observation date, every underlier is at or above its initial level. At maturity investors either receive full principal (if the least performing underlier is at or above its 70% barrier) or a loss equal to the underlier return of the least performing underlier (potentially a substantial or total loss). The issuer estimates the initial value will be between $926.80 and $976.80 per $1,000, which is less than the public offering price.
Royal Bank of Canada is offering Geared Buffer Digital Notes linked to the common stock of Broadcom Inc. The Notes are sold at 100.00% of principal ($1,000 per $1,000), with an underwriting discount of 1.00% (about $10 per $1,000) and net proceeds to the issuer of 99.00%.
The Notes pay a Digital Return of 16.62% if the Final Underlier Value is at or above the Buffer Value (70% of the Initial Underlier Value). If the Final Underlier Value is below the Buffer Value, the payoff uses the Underlier Return plus the Buffer Percentage 30% multiplied by a Downside Multiplier of approximately 1.42857, which can result in loss of principal. Trade Date is June 26, 2026, Issue Date July 1, 2026, Valuation Date July 9, 2027 and Maturity Date July 14, 2027. All payments are subject to the issuer's credit risk.
Royal Bank of Canada offers $1,235,000 of Auto-Callable Contingent Coupon Barrier Notes linked to General Electric Company common stock. The Notes pay contingent quarterly coupons of $125 per $5,000 (2.50% per quarter; 10.00% per annum) when the Underlier is at or above a 55% threshold.
If not called, at maturity investors receive $5,000 if the Final Underlier Value is at or above the 55% Barrier; otherwise they receive a Physical Delivery Amount of shares (13.9805 shares per $5,000) that may be worth substantially less than principal. Initial estimated value is $4,929.70 per $5,000; public price is par.
Royal Bank of Canada is offering $3,626,000 of Barrier Digital Notes linked to Marvell Technology, Inc. common stock. The Notes pay a Digital Return of 47% if the Final Underlier Value is at or above the Barrier (50% of the Initial Underlier Value). If the Final Underlier Value is below the Barrier, investors receive the underlier return and may lose a substantial portion or all principal. Trade Date is June 18, 2026, Issue Date June 24, 2026, Valuation Date December 20, 2027 and Maturity Date December 23, 2027. Initial Underlier Value is $310.58 and Barrier Value is $155.29. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering Capped Return Dual Directional Buffer Notes linked to the S&P 500® Futures Excess Return Index. The Notes trade on Trade Date: June 18, 2026, issue on June 24, 2026 and mature on December 23, 2027. The public offering price is 100% (total $1,145,000 in this tranche) with underwriting discounts of 0.50%.
Key economic terms: Participation Rate 100% (subject to a Maximum Upside Return 16%), Buffer Percentage 20% (Buffer Value = 80% of Initial Underlier Value). Initial estimated value: $985.77 per $1,000 principal amount. All payments are subject to the issuer’s credit risk.
Royal Bank of Canada is offering $5,000,000 of Geared Buffer Digital Notes linked to NVIDIA Corporation common stock. The Notes mature on July 8, 2027, have an Initial Underlier Value of $204.65, a Buffer Value of $173.95 (85%), and a fixed Digital Return of 21.90% if the Final Underlier Value is at or above the Buffer Value. If the Final Underlier Value is below the Buffer Value, investors receive a physical delivery of NVIDIA shares equal to the Physical Delivery Amount (57.4878 shares per $10,000 principal). The offering price is 100% with underwriting discounts of 1% ($50,000); proceeds to the Bank are $4,950,000. All payments are subject to the issuer’s credit risk and various tax and market risks described in the pricing supplement.
Royal Bank of Canada is offering $3,654,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of The Goldman Sachs Group, Inc. The notes have a Trade Date of June 18, 2026, Issue Date June 24, 2026, Valuation Date July 19, 2027 and Maturity Date July 22, 2027. The notes pay a monthly contingent coupon of $10.625 per $1,000 (12.75% per annum) when the underlier meets the Coupon Threshold. The Barrier and Coupon Threshold are 70% of the Initial Underlier Value (Barrier = $767.59). If not auto‑called and the Final Underlier Value is below the Barrier, payment at maturity is reduced pro rata by the Underlier Return, and investors could lose a substantial portion or all principal. All payments are subject to Royal Bank of Canada’s credit risk.
Royal Bank of Canada is offering $620,000 in Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of three underliers: the Nasdaq-100® Technology Sector Index (NDXT), the State Street® Energy Select Sector SPDR® ETF (XLE) and the State Street® Financial Select Sector SPDR® ETF (XLF). The Notes have a Trade Date of June 18, 2026, Issue Date June 24, 2026, Valuation Date June 18, 2031 and Maturity Date June 24, 2031. They pay a quarterly contingent coupon of $29.00 per $1,000 when each Underlier is at or above a 70% Coupon Threshold on observation dates, are auto-callable if all Underliers are at or above their initial values on a Call Observation Date, and return principal at maturity only if the least performing Underlier is at or above its 60% Barrier; otherwise investors suffer proportional principal loss. The initial estimated value is $972.64 per $1,000, below the public offering price of par; distributions include underwriting discounts and possible selling concessions.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to The Goldman Sachs Group, Inc. common stock. The notes are offered at par with total proceeds of $945,000 and a minimum investment of $1,000. The initial estimated value is $996.80 per $1,000, below the public offering price. The notes pay a contingent monthly coupon of $12.292 per $1,000 (1.2292% monthly; 14.75% per annum) if the underlier closes on or above the 70% coupon threshold on each observation date.
If the underlier equals or exceeds the Initial Underlier Value on a Call Observation Date (beginning with the sixth monthly observation), the notes will be automatically called and holders receive $1,000 plus the contingent coupon otherwise due. If not called, at maturity holders receive $1,000 if the Final Underlier Value is at or above the Barrier (70% of the Initial Underlier Value = $767.59), or a pro rata return reflecting the Underlier Return (which can result in substantial or total principal loss). Key dates: Trade Date June 18, 2026, Issue Date June 24, 2026, Valuation Date July 19, 2027, Maturity Date July 22, 2027.
Royal Bank of Canada is offering Enhanced Return Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index with a total public offering of $749,000. The Notes have a Participation Rate of 102.50%, an Initial Underlier Value of 77,514.30 and a Barrier Value equal to 70% of that Initial Underlier Value (54,260.01). Trade Date is June 18, 2026, Issue Date is June 24, 2026, Valuation Date is June 18, 2031 and Maturity Date is June 24, 2031. The Notes pay at maturity based on the Final Underlier Value: upside participation above the Initial Underlier Value, return of principal if Final Underlier Value is between the Barrier and Initial values, and pro rata loss of principal if Final Underlier Value is below the Barrier. The public offering price is 100.00% per note; underwriting discount is 3.625% and proceeds to the Bank are 96.375%. All payments are subject to the issuer's credit risk.
Royal Bank of Canada is offering $7,600,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing common stock of Caterpillar Inc. and Morgan Stanley. The Notes pay a quarterly contingent coupon of $200 per $5,000 (stated as 4.00% per quarter / 16.00% per annum) when each Underlier meets its 55% coupon threshold on observation dates. The Notes may be automatically called if, on a Call Observation Date, each Underlier closes at or above its initial value; if not called, maturity payment is principal or, if the Least Performing Underlier finishes below its 55% barrier, shares of that Underlier (Physical Delivery Amount). Trade Date is June 18, 2026, Issue Date June 24, 2026, Valuation Date December 20, 2027 and Maturity Date December 23, 2027. The initial estimated value is $4,913.97 per $5,000, below the public offering price of par. All payments are subject to the issuer’s credit risk.
Royal Bank of Canada is offering $510,000 principal amount of Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index, maturing June 24, 2036. Each $1,000 note pays at maturity either principal or principal plus 300% participation in positive index returns measured from an Initial Underlier Value of 3,857.20 (Trade Date June 18, 2026; Issue Date June 24, 2026), subject to the issuer's credit risk and index deductions including a 0.5% decrement fee, transaction costs and funding costs. The public offering price is 100% of principal; the issuer reports an initial estimated value of $915.25 per $1,000 on the Trade Date and an underwriting discount of 3.35%.
Royal Bank of Canada is offering $700,000 of Auto-Callable Fixed Coupon Barrier Notes due June 22, 2029. The Notes pay a monthly Fixed Coupon of $9.708 per $1,000 (11.65% per annum) and are linked to the least performing of Accenture plc, Duke Energy and Meta Platforms.
If a Call Observation Date triggers the call, investors receive par plus the Fixed Coupon otherwise due. If not called, at maturity investors receive par if the least performing underlier is at or above its 50% Barrier; otherwise they receive a specified number of shares of the least performing underlier, which could be worth significantly less than principal. The initial estimated value was $960.45 per $1,000, below the public offering price of par.
Royal Bank of Canada is offering $615,000 of Auto-Callable Contingent Coupon Barrier Notes due June 22, 2029. The Notes are linked to the least performing of three underliers: the Nasdaq-100 Index, the Russell 2000 Index and the State Street Energy Select Sector SPDR ETF. Investors pay par and may receive monthly contingent coupons of $9.00 per $1,000 (a 10.80% annualized rate) only when each underlier meets its monthly coupon threshold. The Notes are auto-callable on designated quarterly observation dates if all three underliers are at or above their initial values; early call returns par plus the contingent coupon otherwise due. At final maturity, if the least performing underlier is below its Barrier Value (set at 60% of the initial underlier value), principal repayment is reduced pro rata by that underlier’s loss. All payments are subject to the Bank’s credit risk.
Royal Bank of Canada is offering $605,000 in Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Incorporated (ticker QCOM). The Notes pay a contingent quarterly coupon of $50 per $1,000 (5.00% per quarter, 20.00% per annum) if the Underlier meets the Coupon Threshold on observation dates. The Notes may be automatically called if the Underlier’s closing value on a Call Observation Date is greater than or equal to the Initial Underlier Value; otherwise principal repayment at maturity depends on the Final Underlier Value versus the Barrier Value (50% of the Initial Underlier Value, $106.49), exposing investors to potential substantial principal loss. Key dates include Trade Date June 17, 2026, Issue Date June 23, 2026, Valuation Date December 17, 2027 and Maturity Date December 22, 2027. 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 least performing of the VanEck Semiconductor ETF and the SPDR S&P Oil & Gas Exploration & Production ETF. The notes pay a quarterly contingent coupon of $38.125 per $1,000 (15.25% per annum) if observation conditions are met and may be automatically called on quarterly observation dates. The issue price is 100.00% of par with an underwriting discount of 1.00%. If not called, repayment at maturity depends on the Final Underlier Value of the least performing Underlier versus a Barrier equal to 50% of its Initial Underlier Value, exposing investors to potential principal loss.
Royal Bank of Canada is offering $548,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Incorporated (QCOM). Trade Date is June 17, 2026, Issue Date June 23, 2026 and Maturity Date December 22, 2027. The notes pay a Contingent Coupon of $55.00 per $1,000 (a 5.50% quarterly rate / 22.00% annualized) when the Underlier meets the Coupon Threshold on observation dates.
The notes are auto-callable if the Underlier closes at or above the Initial Underlier Value on a Call Observation Date. The Barrier and Coupon Threshold equal 50% of the Initial Underlier Value ($106.49). If not called and the Final Underlier Value is below the Barrier, principal is reduced pro rata by the Underlier Return. The initial estimated value is $991.51 per $1,000, which is below the public offering price; proceeds to the Bank equal $548,000. The pricing supplement highlights material risks, U.S. tax uncertainty, and referral fees up to $10 per $1,000.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of NVIDIA Corporation. The Notes have a Trade Date of July 10, 2026, an Issue Date of July 15, 2026 and a Maturity Date of August 13, 2027. Investors may receive a monthly contingent coupon of $9.792 per $1,000 (equivalent to 11.75% per annum) only when the Underlier meets the monthly Coupon Threshold; no coupon is payable if the threshold is not met. Beginning with the January 11, 2027 observation, the Notes will be automatically called if the Underlier closes at or above its Initial Underlier Value; called Notes pay principal plus the contingent coupon due on the call settlement date. At maturity, if the Notes are not called and the Final Underlier Value is below the Barrier (60% of the Initial Underlier Value), investors will receive a Physical Delivery Amount of NVIDIA shares per $1,000 principal (fractional shares paid in cash), which may be worth substantially less than principal. The public offering price is 100.00% with underwriting discounts of 1.50%; the initial estimated value is stated as between $920.50 and $970.50 per $1,000.
Royal Bank of Canada is offering structured senior notes linked to the MSCI EAFE Index with an initial aggregate principal of $994,000. Each note has a $1,000 principal amount, a trade date of June 16, 2026, and a stated maturity of February 18, 2028 (subject to adjustment). The notes pay no interest; payment at maturity depends on the MSCI EAFE closing level from the trade date to the determination date. If the final index level is >e; 90.00% of the initial level (initial level 3,145.13), holders receive a capped $1,153.00 per $1,000 principal. If the final level is below that threshold, holders incur a leveraged loss and could lose all principal. The initial estimated value on the trade date was $995.01 per $1,000, which is below the original issue price. Payments are unsecured and subject to the Bank's credit risk.
Royal Bank of Canada is offering $3,000,000 principal of Trigger Autocallable Contingent Yield Notes linked to the iShares MSCI Emerging Markets ETF maturing on June 22, 2029. The Notes pay a fixed 9.50% per annum contingent quarterly coupon only when the Underlying closes at or above a Coupon Barrier set at $41.18 (60% of the Initial Underlying Value). The Notes are automatically callable beginning one year after issuance if the Underlying closes at or above the Initial Underlying Value; called holders receive principal plus the applicable contingent coupon. If the Notes are not called and the Final Underlying Value is below the Downside Threshold, investors absorb a principal loss proportionate to the negative Underlying Return and may lose up to 100% of principal. Payments are subject to the Bank's creditworthiness and the Notes are not exchange listed.
Royal Bank of Canada is offering $1,500,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the S&P 500® Index. The Notes pay a contingent quarterly coupon of 2.0875% per quarter (8.35% per annum) if observation levels are met and may be automatically called on quarterly observation dates. The Notes have an Initial Underlier Value of 7,511.35, a Barrier/Coupon Threshold set at 90% ( 6,760.22 ), Trade Date June 16, 2026, Issue Date June 22, 2026, Valuation Date June 16, 2027 and Maturity Date June 22, 2027. The public offering price is par; the initial estimated value determined by the issuer is $981.15 per $1,000, which is less than the public offering price.
Royal Bank of Canada is offering Geared Buffer Digital Notes linked to NVIDIA Corporation common stock. The Notes pay a Digital Return of 21.90% at maturity if the Final Underlier Value is greater than or equal to the Buffer Value (85% of the Initial Underlier Value). The Underlier is NVIDIA (ticker NVDA). Key dates: Strike Date: June 17, 2026, Trade Date: June 18, 2026, Issue Date: June 24, 2026, Valuation Date: June 30, 2027, Maturity Date: July 8, 2027. If the Final Underlier Value is below the Buffer Value, investors receive a Physical Delivery Amount of shares (calculated as $10,000 divided by the Buffer Value — 57.4878 shares per $10,000 principal amount, rounded to four decimals) and may lose principal. The public offering price is 100% with underwriting discounts of 1.00%. All payments are subject to RBC credit risk.