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 $14,952,000 Auto-Callable Fixed Coupon Geared Buffer Notes linked to the least performing of the iShares MSCI EAFE ETF and the Nasdaq-100 Index. The Notes pay a Fixed Coupon of 8.65% per annum (paid semiannually as $43.25 per $1,000) and mature on December 16, 2027, unless automatically called on scheduled Call Observation Dates. The public offering price is 100.00% (total $14,952,000) with proceeds to the Bank of 99.862% (total $14,931,405). The Notes include an 80% Buffer Value (Buffer Percentage 20%) and a Downside Multiplier of 1.25; if the Final Underlier Value of the Least Performing Underlier is below its Buffer Value at maturity, investors can lose some or all principal. Initial estimated value determined by the issuer was $995.71 per $1,000 on the Trade Date.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Russell 2000 Index and the EURO STOXX 50 Index. The notes have a Trade Date of June 16, 2026, Issue Date June 22, 2026, Valuation Date June 17, 2030 and Maturity Date June 21, 2030. The public offering price is 100.00% (aggregate $3,140,000), with proceeds to the Bank of 97.65% (aggregate $3,066,210) and underwriting discounts of 2.35% ($73,790). The initial estimated value is $965.02 per $1,000 principal amount. Quarterly contingent coupons of $22.625 per $1,000 (annualized 9.05%) may be paid if each underlier meets its coupon threshold on observation dates. The notes are auto-callable on specified observation dates if both underliers are at or above their initial values; otherwise payment at maturity depends on the final performance of the least performing underlier relative to a 70% barrier. Holders bear issuer credit risk and may lose a substantial portion or all principal if the least performing underlier finishes below the barrier.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the VanEck SMH ETF and the State Street XOP ETF. The Notes pay a quarterly Contingent Coupon of $37.00 per $1,000 (an annualized 14.80%) when both Underliers meet their coupon thresholds on observation dates and are callable quarterly if both Underliers are at or above their Initial Underlier Values. The Notes mature on June 21, 2029 with a Valuation Date of June 15, 2029. At maturity, if the Least Performing Underlier is below its Barrier (50% of its Initial Underlier Value), investors receive an amount tied to that Underlier Return and may lose a substantial portion or all principal; if at or above the Barrier, investors receive par. The public offering price equals par and the issuer received proceeds shown on the cover table.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the lesser-performing of the XLK and XOP ETFs. The notes are sold at par with a 1.00% underwriting discount (proceeds to the Bank 99.00%) and an estimated initial value between $922.48 and $972.48 per $1,000 principal amount. The notes pay a quarterly contingent coupon of $39.375 per $1,000 (15.75% per annum) when each underlier is at or above its coupon threshold on observation dates and are callable early if both underliers close at or above their initial values on a call observation date. At maturity, if not called, investors receive full principal if the least performing underlier is at or above its barrier (70% of initial value); otherwise principal is reduced pro rata by the underlier return of the least performing underlier. Key dates include Trade Date June 18, 2026, Issue Date June 24, 2026, Valuation Date June 18, 2029 and Maturity Date June 22, 2029. The notes are unsecured obligations of the Bank and carry the Bank's credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the lesser-performing of the Russell 2000® and S&P 500® indices. The notes have a Trade Date of June 24, 2026, an Issue Date of June 29, 2026, a Valuation Date of June 25, 2029 and a Maturity Date of June 28, 2029. Investors may receive quarterly contingent coupons of $20.25 per $1,000 (a 8.10% annualized rate) only when each index is at or above its coupon threshold on observation dates. The notes are auto-callable beginning on the fourth quarterly observation (first call observation: June 24, 2027); if called, holders receive par plus the contingent coupon then due. At maturity, if not called, repayment depends on the final performance of the least performing underlier relative to a barrier set at 70% of its initial value; below that barrier investors can lose a substantial portion or all principal. The public offering price is 100% of principal with an underwriting discount of 2.35%, and the issuer’s initial estimated value is expected between $900.00 and $950.00 per $1,000 principal amount.
The Royal Bank of Canada is offering non‑interest bearing, principal‑at‑risk structured notes linked to the MSCI EAFE® Index. Each note has a $1,000 principal amount. If the final index level on the determination date is at least 90.00% of the initial level, holders receive a capped threshold settlement amount (expected between $1,138.60 and $1,163.00 per $1,000). If the final index level is below 90.00%, payments decline and losses can be substantial, potentially resulting in a total loss of principal. The initial estimated value is expected to be between $963.00 and $993.00 per $1,000 and will be less than the original issue price. Payments are subject to the issuer’s credit risk, calculation‑agent determinations, market disruption adjustments and index methodology changes. Key dates and final amounts will be set on the trade date and shown in the final pricing supplement.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Geared Buffer Notes linked to the common stock of NVIDIA Corporation (the Underlier). The Notes are issued in $1,000 principal amounts with a public offering price of 100.00% and an underwriting discount of 1.00%. Key economic terms include a Contingent Coupon of $35.40 per $1,000, a 30% Buffer and a Downside Multiplier of approximately 1.42857. Important dates: Strike Date June 11, 2026, Trade Date June 12, 2026, Issue Date June 17, 2026, Valuation Date June 24, 2027 and Maturity Date June 29, 2027. Payments depend on the Underlier’s closing values on observation dates; investors can lose some or all principal if the Final Underlier Value is below the Buffer Value. The initial estimated value is expected to be between $938.50 and $988.50 per $1,000.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the EURO STOXX Banks Index and the State Street Technology Select Sector SPDR ETF. The Notes have an Issue Date of June 17, 2026 and a Maturity Date of June 14, 2029. Investors purchase at par (100.00%), with underwriting discounts of 1.00% and proceeds to the issuer of 99.00%. The Notes pay a quarterly Contingent Coupon of $38.75 per $1,000 (3.875% quarterly, 15.50% per annum) only if each Underlier meets its Coupon Threshold on the relevant observation date. The Notes are auto‑callable on quarterly Call Observation Dates if each Underlier is at or above its Initial Underlier Value; called Notes repay par plus the contingent coupon then due. At maturity, if not called, principal repayment depends on the Final Underlier Value of the Least Performing Underlier relative to its Barrier Value (65% of Initial Underlier Value) and may result in substantial loss of principal. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the least performing of Accenture plc (ACN), Duke Energy Corporation (DUK) and Meta Platforms, Inc. (META). The Notes pay a Fixed Coupon of $9.708 per $1,000 (equivalent to 11.65% per annum) monthly and are callable on specified monthly observation dates beginning December 17, 2026. If not called, at maturity investors receive principal if the Least Performing Underlier’s Final Value is at or above its Barrier Value (50% of its Initial Underlier Value); otherwise investors receive a number of shares of the Least Performing Underlier equal to the Physical Delivery Amount, which may be worth significantly less than principal. The public offering price is 100.00% with underwriting discounts of 2.50%, and the initial estimated value is stated as between $892.30 and $942.30 per $1,000. All payments are subject to Royal Bank of Canada’s credit risk; the Notes are unsecured senior debt and not deposit insured.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and the State Street Energy Select Sector SPDR ETF. The notes pay a monthly contingent coupon of $9.00 per $1,000 (10.80% annualized) if all underliers meet thresholds on observation dates. Trade Date is June 17, 2026, Issue Date June 23, 2026, Valuation Date June 18, 2029 and Maturity Date June 22, 2029. The notes can be automatically called on quarterly call observation dates if each underlier is at or above its Initial Underlier Value; otherwise principal return at maturity depends on the performance of the least performing underlier relative to a 60% barrier. The initial estimated value is stated as $900.00–$950.00 per $1,000, below the public offering price of par. 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 common stock of The Goldman Sachs Group, Inc. The Notes have a $1,000 minimum denomination, a Contingent Coupon of $10.625 per $1,000 (a rate of 12.75% per annum if payable) and a Barrier Value equal to 70% of the Initial Underlier Value. Trade Date is June 18, 2026, Issue Date June 24, 2026, Valuation Date July 19, 2027 and Maturity Date July 22, 2027.
If not auto‑called, monthly Contingent Coupons are paid only when the Underlier meets the Coupon Threshold on prior observation dates; the Notes are automatically called beginning with the Call Observation Date on December 18, 2026 if the Underlier is at or above its Initial Underlier Value. At maturity, if the Final Underlier Value is below the Barrier Value, investors receive an amount tied to the Underlier Return and may lose a substantial portion or all of principal. The public offering price is 100.00% with an underwriting discount of 1.50%; the initial estimated value is stated as between $920.50 and $970.50 per $1,000. All payments are subject to Royal Bank of Canada credit risk and certain U.S. tax and withholding uncertainties are disclosed.
Royal Bank of Canada is offering Geared Buffer Digital Notes linked to the least performing of the Russell 2000, the S&P 500 and the State Street Utilities Select Sector SPDR ETF. The offering has a public offering price of $1,000 per $1,000 principal amount and an initial estimated value expected between $935.00 and $985.00 per $1,000 principal amount as of the Trade Date. The Trade Date is June 23, 2026, Issue Date is June 26, 2026, Valuation Date is September 23, 2027 and Maturity Date is September 28, 2027.
Key economic terms include a Digital Return of 13.85%, a Buffer Percentage of 20% and a Downside Multiplier of 1.25. If the least performing underlier is at or above its 80% Buffer Value on the Valuation Date, investors receive $1,000 plus the Digital Return; if below the Buffer Value, the payment formula applies and investors may lose some or all principal. Payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes totaling $949,000. The Notes pay 5.55% per annum annually, have an Issue Date of June 12, 2026 and a Maturity Date of June 12, 2041. The issuer may redeem the Notes in whole on any Call Date beginning June 12, 2029, with at least 10 business days' notice. Payments are subject to the Bank's credit risk and the Notes are bail-inable under the CDIC Act; holders are deemed to consent to the bail-in provisions. Underwriting discounts total 1.07% ($10,154.30) and proceeds to the Bank equal 98.93% ($938,845.70). Purchase price per $1,000 principal may range from $985.00 to $1,000.00 per the pricing supplement.
Royal Bank of Canada is offering structured notes linked to a weighted basket of five international equity indices. Each note has a $1,000 principal amount, trade date June 9, 2026, original issue/settlement date June 12, 2026, and stated maturity August 11, 2028. The notes pay no interest; final payment depends on the basket return through the determination date August 9, 2028. Key economics: upside participation 200%, cap level 117.07% (maximum settlement $1,341.40 per $1,000), and a buffer level 82.50% (protects principal only if final basket level ≥ buffer). Initial estimated value on the trade date was $992.10 per $1,000; original issue price was 100.00% of principal. The notes are senior unsecured obligations of the Bank, carry issuer credit risk, are not listed, and could result in substantial or total loss of principal.
Royal Bank of Canada offers principal-protected contingent notes linked to the MSCI EAFE® Index. For each $1,000 principal amount, the cash settlement at maturity on July 14, 2028 depends on the underlier return measured from the trade date June 9, 2026 to the determination date July 12, 2028. The notes do not bear interest. If the final underlier level is above the initial level of 3,047.37, investors participate at an 160% upside participation rate up to a $1,324.16 maximum settlement amount. If the final level is between 85.00% of the initial level and the initial level, investors receive the principal amount; below 85.00% of the initial level investors suffer losses (approximately 1.1765% loss in principal for each 1% decline below the buffer). The initial estimated value on the trade date was $993.83 per $1,000 principal amount. These notes are senior unsecured debt and are subject to issuer credit risk, no listing, no early redemption and limited secondary market liquidity.
Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to the least performing common stock of Caterpillar Inc. and Morgan Stanley. The Notes have a $5,000 principal amount per Note, trade date June 18, 2026, issue date June 24, 2026, valuation date December 20, 2027 and maturity date December 23, 2027. Investors may receive a contingent quarterly coupon of $200 per $5,000 (4.00% per quarter; 16.00% per annum) when each Underlier meets the coupon threshold on observation dates. The Notes are auto-callable on quarterly observation dates if both Underliers close at or above their Initial Underlier Values, in which case holders receive principal plus any due coupons on the call settlement date. If not called, at maturity holders receive principal if the Least Performing Underlier’s Final Value is at or above its Barrier (55% of initial); otherwise holders receive a physical delivery of shares of the Least Performing Underlier, which may be worth significantly less than principal. The initial estimated value per $5,000 Note is stated to be between $4,602.50 and $4,852.50 and is expected to be less than the public offering price. All payments are subject to Royal Bank of Canada’s credit risk; the Notes are unsecured debt and are not FDIC- or CDIC-insured.
The Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Netflix, Inc. The public offering price is 100.00% per $1,000 (aggregate $2,971,000), with proceeds to the Bank of $2,926,435. The Notes pay a monthly contingent coupon of $9.292 per $1,000 (11.15% per annum) when the Underlier meets the Coupon Threshold. The Notes are callable beginning on the sixth monthly observation; if called, investors receive par plus the contingent coupon otherwise due. At maturity, if the Final Underlier Value is below the Barrier Value (69% of the Initial Underlier Value, $56.17), investors receive a physical delivery of Netflix shares equal to 12.2835 shares per $1,000, which may be worth substantially less than principal. All payments are subject to the Bank’s creditworthiness.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to The Goldman Sachs Group, Inc. common stock. The Notes pay a monthly contingent coupon of $12.292 per $1,000 (annualized 14.75% per annum) when the Underlier meets the Coupon Threshold, are callable on monthly observation dates if the Underlier is at or above its initial value, and mature on July 22, 2027 with payoff conditional on the Final Underlier Value relative to a 70% Barrier. The Trade Date is June 18, 2026 and the Issue Date is June 24, 2026. The public offering price is 100.00% with underwriting discounts of 1.00%, and the initial estimated value is stated between $932.50 and $982.50 per $1,000 principal amount.
Royal Bank of Canada is offering Capped Enhanced Return Buffer Notes linked to the S&P 500® Index maturing July 29, 2027. Each Note has a $1,000 principal amount and pays at maturity either: (1) principal plus 200% of the index gain capped at a 11.40% Maximum Return; (2) full principal if the final index value remains at or above an 85% Buffer Value; or (3) principal plus the index loss offset by a 15% buffer (resulting in losses if index decline exceeds 15%). The Trade Date is June 25, 2026, Issue Date June 30, 2026, Valuation Date July 26, 2027 and Maturity Date July 29, 2027. Payments are subject to the issuer's credit risk and the Notes are not FDIC- or CDIC-insured.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Incorporated (ticker QCOM). The Notes have a Trade Date of June 17, 2026, an Issue Date of June 23, 2026 and a Maturity Date of December 22, 2027. The public offering price is 100.00% of principal and the underwriting discount is 1.875%. If payable, the Contingent Coupon is $50.00 per $1,000 principal (a 5.00% quarterly rate or 20.00% per annum). The Notes include an automatic call if the Underlier closes at or above its initial value on a Call Observation Date and a Barrier set at 50% of the Initial Underlier Value; if not called and the Final Underlier Value is below the Barrier, holders may lose a substantial portion or all principal. All payments are subject to the credit risk of Royal Bank of Canada. This pricing supplement is preliminary and subject to completion.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of Incorporated (ticker QCOM). The Notes have a public offering price of $1,000 per $1,000 principal amount (100.00%), an underwriting discount of 1.00% and initial estimated values expected between $909.20 and $959.20 per $1,000. Trade Date is June 17, 2026, Issue Date June 23, 2026, Valuation Date December 17, 2027 and Maturity Date December 22, 2027. Investors may receive quarterly contingent coupons of $55.00 per $1,000 when the Underlier meets the Coupon Threshold; the Barrier equals 50% of the Initial Underlier Value. If not auto-called, repayment at maturity is conditional: full principal is returned if the Final Underlier Value is at or above the Barrier; otherwise repayment reflects the Underlier Return and principal may be substantially reduced. All payments are subject to RBC credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the S&P 500 Index with a CUSIP of 78017U6R6. The Notes have a Trade Date of June 16, 2026, Issue Date of June 22, 2026, Valuation Date of June 16, 2027 and Maturity Date of June 22, 2027. The Notes pay a contingent quarterly coupon of $20.875 per $1,000 (an annualized 8.35% if paid) when the Underlier is at or above a Coupon Threshold set at 90% of the Initial Underlier Value on the applicable observation date. The Notes are auto-callable if the Underlier is at or above the Initial Underlier Value on a Call Observation Date; if called, investors receive $1,000 plus the contingent coupon otherwise due. At maturity, if not called and the Final Underlier Value is below the Barrier (90% of the Initial Underlier Value), principal is reduced pro rata to the Underlier Return. The initial estimated value is stated to be between $925.73 and $975.73 per $1,000, below the public offering price; all payments are subject to the issuer's credit risk.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Geared Buffer Notes linked to the VanEck® Gold Miners ETF. The Notes trade June 30, 2026, issue July 6, 2026, have a Valuation Date of June 30, 2028 and mature on July 6, 2028. If the Notes are automatically called (Call Observation Date July 13, 2027), investors receive $1,233 per $1,000 principal on the Call Settlement Date. If not called, maturity payments depend on the Final Underlier Value: positive returns participate at a 125% Participation Rate; a 25% Buffer protects losses above that threshold and the Downside Multiplier is approximately 1.33333. The public offering price is 100% ($1,000 per $1,000) and certain fiduciary accounts may pay $985; placement agents’ fee is 1.50% (or $15 per $1,000). The initial estimated value is expected between $920.00 and $970.00 per $1,000 and will be less than the public offering price. All payments are subject to Royal Bank of Canada credit risk and the pricing supplement highlights liquidity, tax and market risks.
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 Trade Date is June 22, 2026, Issue Date June 25, 2026, Valuation Date May 22, 2028 and Maturity Date May 25, 2028. The public offering price is 100.00% of principal; underwriting discounts are 1.875%, leaving proceeds to the issuer of 98.125%. The Notes pay a monthly contingent coupon of $6.75 per $1,000 (stated annual rate 8.10%) if each Underlier meets a 70% coupon threshold on observation dates. If not called, payment at maturity depends on the Final Value of the least performing Underlier versus a 65% barrier; a Final Underlier Value below the barrier exposes investors to partial or total principal loss. All payments are subject to the Bank’s credit risk and other risks described in the pricing supplement.
Royal Bank of Canada offers Auto-Callable Geared Buffer Notes linked to the EURO STOXX 50® Index. The offering totals $15,216,000 at par with a minimum investment of $1,000. The Notes may be automatically called on quarterly observation dates with a call return rate of 9.40% per annum; if not called, repayment at maturity depends on the Final Underlier Value relative to an 85% Buffer Value and uses a Downside Multiplier of approximately 1.17647, exposing investors to potential loss of principal. The initial estimated value was $996.61 per $1,000; secondary market values may differ and all payments are subject to the Bank’s credit risk.
Royal Bank of Canada is offering $3,162,500 of Trigger Autocallable Contingent Yield Notes linked to Target Corporation common stock due June 8, 2029. The notes pay a contingent quarterly coupon of 10.75% per annum (2.6875% per quarter) only when the Underlying closes at or above the Coupon Barrier on observation dates. The notes are automatically callable on quarterly Call Observation Dates if the Underlying closes at or above the Initial Underlying Value; called notes pay $10 plus the applicable contingent coupon. If not called, repayment at maturity depends on the Final Underlying Value versus the Downside Threshold (50% of the Initial Underlying Value). If the Final Underlying Value is below the Downside Threshold, principal is reduced proportionately to the negative Underlying Return and investors may lose up to 100% of principal. All payments are subject to the issuer's creditworthiness.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Geared Buffer Notes linked to the Bloomberg US Large Cap VolMax Index. The offering lists a total public offering amount of $1,250,000 with proceeds to the bank of $1,237,500. The Notes pay a monthly contingent coupon of $15.625 per $1,000 (1.5625% monthly; 18.75% annualized) when the Underlier is at or above a 70% Coupon Threshold on observation dates, and are callable if the Underlier is at or above the Initial Underlier Value on a Call Observation Date. At maturity, if not called, principal repayment depends on the Final Underlier Value relative to the 30% buffer and applies a Downside Multiplier of approximately 1.42857, exposing investors to potential loss of some or all principal. The Notes are unsecured obligations of the Bank and are subject to the Bank’s credit risk, daily deductions (notional financing cost, 6% per annum deduction factor, and transaction costs) that materially reduce Underlier performance, tax uncertainties under U.S. rules, and other risks described in the pricing supplement and referenced documents.
Royal Bank of Canada is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000 Index and the S&P 500 Index, with a principal amount of $10 per Note. The Notes pay a quarterly contingent coupon (Contingent Coupon Rate to be set on the Trade Date at 10.20% to 10.80% per annum) only if both Underlyings close at or above their Coupon Barriers on each Coupon Observation Date. The Notes are automatically callable on quarterly Call Observation Dates beginning six months after the Trade Date if both Underlyings are at or above their Initial Underlying Values; a call pays principal plus the applicable Contingent Coupon. If not called, repayment at maturity depends on the Final Underlying Value of the Least Performing Underlying relative to its Downside Threshold (set at 70% of Initial Underlying Value); if below that threshold, principal is reduced proportionately and can be lost in full. Trade Date is June 10, 2026; Final Valuation Date is June 11, 2029; Maturity Date is June 14, 2029. The Notes are senior unsecured obligations of Royal Bank of Canada, are subject to issuer credit risk, will not be listed, and have an initial estimated value expected between $9.43 and $9.93 per Note.
Royal Bank of Canada (RBC) is offering $19,425,000 in Auto-Callable Contingent Coupon Barrier Notes due June 8, 2029. The Notes pay a contingent quarterly coupon of $30.625 per $1,000 (12.25% annualized) when each Underlier meets a 75% coupon threshold. The Notes are linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, are callable quarterly beginning June 7, 2027, and repay principal at maturity only if the least performing Underlier is at or above its 75% barrier; otherwise principal is reduced by the Underlier Return. Payments are subject to RBC credit risk.
Royal Bank of Canada offers $182,000 of Auto-Callable Contingent Coupon Barrier Notes linked to FedEx common stock. The Notes have a Trade Date of June 5, 2026, Issue Date June 10, 2026, Valuation Date July 6, 2027 and Maturity Date July 9, 2027. Each $1,000 principal amount pays a monthly Contingent Coupon of $11.25 if the Underlier meets the monthly Coupon Threshold; the Notes can be automatically called if the Underlier equals or exceeds the Initial Underlier Value on a Call Observation Date. At maturity investors receive the principal if the Final Underlier Value is at or above the 70% Barrier Value ($231.70); if below the Barrier Value principal is reduced pro rata by the Underlier Return. All payments are subject to the Bank's credit risk and tax and withholding rules described in the pricing supplement.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 and the Russell 2000. The offering shows a Total Price to public of $1,250,000 and a public offering price of 100.00% per $1,000. The Notes pay a contingent quarterly coupon of $20.50 per $1,000 (an annualized 8.20%) when each underlier meets a 65% coupon threshold, are 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 65% barrier; otherwise principal is reduced proportional to the underlier loss. Key dates include a Strike Date of June 4, 2026, Trade Date June 5, 2026, Issue Date June 10, 2026, Valuation Date June 5, 2029 and Maturity Date June 8, 2029. The initial estimated value was $952.61 per $1,000, less than the public offering price. 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 FedEx Corporation common stock. The public offering price shown is $414,000 in aggregate (100.00%) with proceeds to the bank of $407,790. The Notes pay a monthly Contingent Coupon of $9.542 per $1,000 (an annualized 11.45%) when the Underlier meets the Coupon Threshold, are callable beginning on the Call Observation Date of December 7, 2026 if the Underlier closes at or above the Initial Underlier Value, and mature on July 9, 2027. The Initial Underlier Value is $331.00 with a Barrier (70%) of $231.70. If the Notes are not called and the Final Underlier Value is below the Barrier, principal is reduced in proportion to the Underlier Return. The issuer’s initial estimated value was $969.57 per $1,000, which is below the public offering price.
Royal Bank of Canada is offering $750,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the VanEck® Semiconductor ETF and the SPDR® S&P® Oil & Gas E&P ETF, due June 7, 2029. The notes pay a contingent quarterly coupon of $41.25 per $1,000 (16.50% per annum) when both underliers meet quarterly thresholds. The notes are auto-callable on quarterly observation dates if both underliers are at or above their strike values; if called, investors receive par plus the contingent coupon then due. At maturity, if not called and the least performing underlier is below its barrier (55% of its initial value), investors suffer downside equal to that underlier’s negative return; if at or above the barrier, investors receive par. The initial estimated value was $969.71 per $1,000 and the public offering price is par.
Royal Bank of Canada (RY) is offering Contingent Coupon Barrier Notes linked to the S&P 500® Index with a per‑note issue price equal to par. The offering totals $870,000 (purchase price 100% of principal). The notes pay a contingent semiannual coupon of $35.25 per $1,000 (3.525% semiannually; 7.05% per annum) when the Underlier meets the Coupon Threshold. The Initial Underlier Value is 7,383.74 and the Coupon Threshold/Barrier is 5,168.62 (70% of the initial value). Trade Date is June 5, 2026, Issue Date June 10, 2026, Valuation Date June 5, 2031 and Maturity Date June 10, 2031. If the Final Underlier Value is below the Barrier, principal is reduced pro rata by the Underlier Return; investors can lose a substantial portion or all principal. The initial estimated value is $982.93 per $1,000 (less than the offering price). All payments are subject to the issuer's credit risk and described withholding and tax treatments.
Royal Bank of Canada offers $5,994,000 principal amount of Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the common shares of Abbott Laboratories.
The Notes pay a quarterly Contingent Coupon of $30.50 per $1,000 (a 3.05% per quarter / 12.20% per annum rate) if the Underlier meets the Coupon Threshold. The Notes are callable on quarterly observation dates beginning December 7, 2026, and mature on June 8, 2028. If not called and the Final Underlier Value is below the Barrier (70% of the Initial Underlier Value, equal to $63.75), investors receive the Physical Delivery Amount of 10.9806 shares per $1,000 principal (fractional shares paid in cash), which could be worth substantially less than principal. All payments are subject to the Bank's credit risk and U.S. federal income tax characterizations described in the pricing supplement.
Royal Bank of Canada is offering $750,000 of Auto-Callable Contingent Coupon Barrier Notes due June 7, 2029. The notes are linked to the least performing of the EURO STOXX Banks Index and the State Street Technology Select Sector SPDR ETF and pay a quarterly contingent coupon of $36.25 per $1,000 (14.50% per annum) when both underliers meet threshold levels. The notes are auto-callable on quarterly observation dates if both underliers are at or above their initial values and repay principal plus the contingent coupon upon call. At maturity, if not called, repayment depends on the performance of the least performing underlier versus a 65% barrier; substantial principal loss is possible if that underlier finishes below the barrier. The initial estimated value was $956.95 per $1,000; purchase price is $1,000 per $1,000 (proceeds to issuer: $742,500 after a 1.00% underwriting discount).
Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the least performing common stock of Devon Energy Corporation and Prologis, Inc. The Notes pay a Fixed Coupon of $7.667 per $1,000 (a stated 9.20% per annum), have a Trade Date of June 12, 2026, an Issue Date of June 17, 2026, a Valuation Date of June 12, 2029 and a Maturity Date of June 15, 2029.
The Notes may be automatically called if, on any Call Observation Date, each Underlier is at or above its Call Value (95% of initial). At maturity, if the Least Performing Underlier is below its Barrier Value (60% of initial), investors receive shares of that Underlier equal to the Physical Delivery Amount; those shares could be worth significantly less than principal. The public offering price is 100.00% ($1,000 per $1,000) with underwriting discounts of 2.50%. The issuer’s initial estimated value is expected between $893.90 and $943.90 per $1,000, which is less than the public offering price.
Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to Microsoft Corporation common stock. The Notes pay a fixed monthly coupon of $7.50 per $1,000 (9.00% per annum) and may be automatically called on monthly observation dates if the Underlier closes at or above its Initial Underlier Value. Trade Date is June 26, 2026, Issue Date July 1, 2026, Valuation Date July 26, 2027 and Maturity Date July 29, 2027. If not called and the Final Underlier Value is below the Barrier Value (72% of the Initial Underlier Value), investors receive a Physical Delivery Amount of Microsoft shares per $1,000 principal, which could be worth substantially less than principal. Initial estimated value is expected between $924 and $974 per $1,000; public offering price is par. All payments are subject to RBC credit risk and the Notes are unsecured debt of RBC.
Royal Bank of Canada is offering Auto-Callable Fixed Coupon Barrier Notes linked to the lesser-performing common stock of Merck & Co., Inc. and The Charles Schwab Corporation. The Notes pay a monthly Fixed Coupon of $7.625 per $1,000 (stated annual rate 9.15%), have a Trade Date of June 12, 2026, an Issue Date of June 17, 2026 and a Maturity Date of June 15, 2029. If on any Call Observation Date both Underliers are at or above their Initial Underlier Values the Notes will be automatically called and investors receive par plus the accrued Fixed Coupon. If not called, at maturity holders receive par if the Final Underlier Value of the Least Performing Underlier is at or above a Barrier equal to 60% of its Initial Underlier Value; otherwise holders receive a Physical Delivery Amount of shares of the Least Performing Underlier, which could be worth significantly less than principal. Initial estimated value is stated to be between $900.20 and $950.20 per $1,000, and the public offering price is $1,000 per $1,000 with underwriting discounts of 2.50%.
Royal Bank of Canada is offering Fixed Coupon Geared Buffer Notes linked to Alphabet Inc. Class A common stock. The pricing supplement shows a public offering price of 100.00% (aggregate $500,000), underwriting commissions of 0.50% ($2,500) and proceeds to the Bank of 99.50% ($497,500). Each Note has a Fixed Coupon of $65.667 per $10,000, an Initial Underlier Value of $380.34, a Buffer Value equal to 80% of that Initial Underlier Value ($304.27) and a Physical Delivery Amount of 32.8655 shares per $10,000. Key dates include Strike Date May 29, 2026, Trade Date June 4, 2026, Issue Date June 9, 2026, Valuation Date November 30, 2026 and Maturity Date December 7, 2026. At maturity investors either receive principal if the Final Underlier Value is at or above the Buffer Value or a number of shares equal to the Physical Delivery Amount if below the Buffer Value; all payments are subject to the Bank's credit risk.
Royal Bank of Canada offers $6,245,000 in Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the least performing of Amazon.com and Caterpillar. The offering price is 100% ($5,000 per $5,000 principal amount) and proceeds to the Bank are $6,151,325 after a 1.50% underwriting discount. The Notes pay a contingent quarterly coupon of $183.875 per $5,000 (3.6775% per quarter; 14.71% per annum) when each underlier meets a 57% coupon threshold; they are auto-called if both underliers are at or above initial values on a call observation date. At maturity, if not called, holders receive $5,000 if the least performing underlier is at or above its barrier (57% of initial); otherwise holders receive physical delivery of shares equal to the applicable physical delivery amount and may lose substantial principal.
Royal Bank of Canada is offering $690,000 of Auto-Callable Contingent Coupon Barrier Notes linked to NVIDIA Corporation common stock. The Notes pay a contingent quarterly coupon of $32.875 per $1,000 ($13.15% per annum) when the Underlier meets the Coupon Threshold and are callable quarterly if the Underlier closes at or above the Initial Underlier Value. The Initial Underlier Value is $218.66, the Barrier and Coupon Threshold are $131.20 (60% of the Initial Underlier Value), the Trade Date is June 4, 2026, Issue Date June 9, 2026, Valuation Date December 6, 2027, and Maturity Date December 9, 2027. Payments at maturity depend on the Final Underlier Value; if below the Barrier, repayment is reduced pro rata by the Underlier Return. The initial estimated value per $1,000 is $968.67 and proceeds to the Bank are $677,062.50 after underwriting discounts.
Royal Bank of Canada is offering Auto-Callable Geared Buffer Notes linked to the EURO STOXX 50® Index. The notes have a Trade Date of June 8, 2026, an Issue Date of June 11, 2026, a Valuation Date of June 9, 2031 and a Maturity Date of June 12, 2031.
The notes pay an automatic call if the Underlier on any quarterly Call Observation Date is at or above the Call Value; call returns accrue at 9.40% per annum with Call Settlement Amounts ranging from $1,094 to $1,470 per $1,000 principal on the listed call dates. If not called, investors receive at maturity either full principal if the Final Underlier Value is at or above the Buffer Value (85% of the Initial Underlier Value) or a reduced payment calculated using a Buffer Percentage of 15% and a Downside Multiplier of approximately 1.17647.
Royal Bank of Canada is offering Capped Enhanced Return Dual Directional Buffer Notes linked to the least performing of the Nikkei 225, Russell 2000 and S&P 500. The notes are sold at par per $1,000 principal amount with an underwriting discount of 2.35%, an expected initial estimated value below the public offering price, a 150% Participation Rate (capped by a 45% Maximum Upside Return) and a 25% buffer. Trade Date is June 15, 2026, Issue Date June 18, 2026, Valuation Date December 15, 2028 and Maturity Date December 20, 2028. All payments are subject to the issuer's credit risk and the notes are not bank‑insured.
Royal Bank of Canada is offering $500,000 principal amount of Fixed Coupon Geared Buffer Notes linked to Amazon.com, Inc. common stock due December 7, 2026. The Notes pay a fixed monthly coupon of $66.333 per $10,000 and provide an 80% buffer (Buffer Value $216.51) based on an Initial Underlier Value of $270.64 (Strike Date May 29, 2026). At maturity, if the Final Underlier Value is at or above the Buffer Value, investors receive full principal; if below, investors receive a Physical Delivery Amount of 46.1872 shares per $10,000 (fractional shares paid in cash). The public offering price is 100% ($500,000 aggregate); proceeds to the Bank are $497,500 after underwriting discounts of 0.50% ($2,500). Payments and secondary-market values are subject to the Bank’s credit risk, and the initial estimated value is less than the public offering price.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon linked to the Class A common stock of Palantir Technologies Inc. The Notes pay a Contingent Coupon of $40.00 per $1,000 (4.00% per quarter, 16.00% per annum) when the Underlier meets the Coupon Threshold. The Notes may be automatically called on quarterly Call Observation Dates if the closing value of the Underlier is greater than or equal to the Initial Underlier Value. If not called, at maturity investors receive either $1,000 if the Final Underlier Value is at or above the Barrier (50% of the Initial Underlier Value) or a reduced principal equal to $1,000 + $1,000 × Underlier Return, which can result in substantial principal loss. Trade Date is June 15, 2026, Issue Date is June 18, 2026, Valuation Date is June 15, 2029, and Maturity Date is June 21, 2029. The initial estimated value is expected to be between $920.00 and $970.00 per $1,000, and the public offering price is 100.00% with underwriting discounts of 2.35%.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Solactive Equal Weight U.S. Semi Conductor Select AR Index. The Trade Date is June 30, 2026, Issue Date July 6, 2026 and Maturity Date January 4, 2029. The Notes pay a contingent monthly coupon of $16.25 per $1,000 principal (equivalent to 19.50% per annum) when the Underlier is at or above a Coupon Threshold of 75% of the Initial Underlier Value on the relevant observation dates. The Notes are auto-callable on certain quarterly Call Observation Dates if the Underlier is at or above the Initial Underlier Value; on an automatic call investors receive par plus the contingent coupon otherwise due. At maturity, if not called, investors receive par if the Final Underlier Value is at or above the Barrier Value (70% of Initial); if below the Barrier they receive par adjusted by the Underlier Return and may lose a substantial portion of principal. Public offering price is $1,000 per $1,000 principal (100.00%); underwriting discount is 1.00%, with proceeds to the Bank of 99.00%. The initial estimated value is expected to be between $890 and $940 per $1,000, and secondary market values may differ; all payments are subject to the issuer's credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to NVIDIA Corporation common stock. The Notes pay a quarterly $30 per $1,000 Contingent Coupon (3.00% per quarter; 12.00% per annum) when the Underlier meets the Coupon Threshold. The Notes are callable quarterly beginning on the second Coupon Observation Date; if called, holders receive $1,000 plus any accrued and unpaid Contingent Coupons. If not called, final principal depends on the Final Underlier Value relative to a Barrier equal to 55% of the Initial Underlier Value: if the Final Underlier Value is below the Barrier, investors suffer a loss equal to the Underlier Return applied to principal. Trade Date is June 15, 2026, Issue Date June 18, 2026, Valuation Date June 15, 2029, and Maturity Date June 21, 2029. The initial estimated value is expected between $910 and $960 per $1,000 principal amount, below the public offering price of par; all payments are subject to the issuer’s credit risk.
Royal Bank of Canada offers Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index. The Notes have a Participation Rate of 300%, a 10-year term with Trade Date June 18, 2026, Issue Date June 24, 2026 and Maturity Date June 24, 2036. At maturity per $1,000 principal, investors receive $1,000 plus 300% of the Underlier Return if the Final Underlier Value is greater than the Initial Underlier Value; if not, investors receive $1,000. The Underlier is the S&P 500 Market Agility 10 TCA 0.5% Decrement Index, which applies a 0.5% per annum decrement fee, multiple transaction and funding costs, and volatility-targeting mechanics that will reduce index performance. The initial estimated value is stated to be between $861.51 and $911.51 per $1,000 principal amount and the public offering price is $1,000 per $1,000 (100%), subject to underwriting discounts.
Royal Bank of Canada issues a pricing supplement for principal-protected indexed notes linked to the MSCI EAFE® Index. Each note has a $1,000 principal amount and no periodic interest; payouts at maturity are cash-settled based on the underlier return versus an initial underlier level.
The notes feature a 15.00% buffer (buffer level = 85.00% of the initial underlier level), an upside participation rate of 160%, and a capped payout (cap level expected between 116.95% and 119.93% of the initial underlier level) producing a maximum settlement amount expected between $1,271.20 and $1,318.88 per $1,000 principal. The initial estimated value is expected to be between $963.90 and $993.90 per $1,000 principal and will be less than the original issue price. Terms such as trade date, determination date (expected 25–28 months after trade date) and stated maturity date will be set on the trade date.