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 Contingent Coupon Barrier Notes linked to the common stock of Southwest Airlines Co. (the Underlier), with a Trade Date of May 29, 2026, Issue Date of June 3, 2026 and a scheduled Maturity Date of June 2, 2028.
The Notes pay a quarterly contingent coupon if the Underlier meets the Coupon Threshold; the preliminary Contingent Coupon is at least $32.75 per $1,000 principal amount (at least 13.10% per annum) and the Barrier/Coupon Threshold equals 50% of the Initial Underlier Value. If not called, maturity payment is $1,000 if the Final Underlier Value is at or above the Barrier, otherwise holders receive a Physical Delivery Amount of Underlier shares (which may be worth substantially less than principal). All payments are subject to RBC credit risk.
Royal Bank of Canada is offering Contingent Coupon Barrier Notes linked to the S&P 500® Index. The Notes pay a contingent semiannual coupon of $35.25 per $1,000 (3.525% semiannually; 7.05% per annum) only when the Underlier meets the Coupon Threshold. The Notes have a Barrier Value equal to 70% of the Initial Underlier Value and mature on June 10, 2031. The initial estimated value is stated as between $935.00 and $985.00 per $1,000 principal amount and will be less than the public offering price. At maturity investors receive principal if the Final Underlier Value is at or above the Barrier Value; if below, repayment equals $1,000 plus the Underlier Return, which can result in substantial principal loss. All payments are subject to Royal Bank of Canada’s credit risk.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes due June 12, 2041 with a stated interest rate of 5.55% per annum. The Pricing Date is June 10, 2026 and the Issue Date is June 12, 2026. The notes are callable on the Interest Payment Date scheduled for June 12, 2029 and on each annual Interest Payment Date thereafter, and payments are subject to the Bank’s credit risk. Underwriter purchase prices are stated between $970.00 and $1,000.00 per $1,000 principal amount, with underwriting discounts of up to $30.00 per $1,000. The notes are "bail-inable" under the CDIC Act, and holders are deemed to agree to bail-in conversion terms described in the supplement. Other terms include annual interest payments, 30/360 day-count, minimum investment of $1,000, and RBCCM serving as Calculation Agent and underwriter.
Royal Bank of Canada is offering $2,685,000 of Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the least performing of Constellation Energy Corporation common stock and GE Vernova Inc. common stock. The notes trade at a public offering price of 100% (par) with underwriting discounts of 2.50%. The notes have a Trade Date of May 26, 2026, an Issue Date of May 29, 2026, a Valuation Date of May 29, 2029 and a Maturity Date of June 1, 2029. If called on the Call Observation Date, investors receive $1,340 per $1,000 principal; if not called, the payment at maturity depends on the Final Underlier Value relative to the Initial Underlier Value and a 200% Participation Rate. All payments are subject to the issuer's credit risk.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes priced per $1,000 principal with an interest rate of 4.60% per annum. The Notes price range is $985.00 to $1,000.00 per $1,000, with an Issue Date of June 15, 2026 and a scheduled Maturity Date of June 15, 2029.
The Notes pay interest annually on June 15 beginning June 15, 2027, are redeemable at the issuer's option on specified Call Dates, and are subject to Canadian bail-in powers, which may convert principal and accrued interest into common shares under the CDIC Act.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes due June 16, 2031 under a preliminary pricing supplement. The Notes pay 4.90% per annum with annual interest payments beginning June 16, 2027. Issue Date is June 16, 2026 and minimum investment is $1,000 (denominations of $1,000).
Underwriter RBC Capital Markets, LLC will purchase Notes on the Issue Date at prices between $980.00 and $1,000.00 per $1,000 principal; underwriting discounts up to $20.00 per $1,000 may be paid as selling concessions. The Notes are redeemable at the issuer's option on any Call Date (first Call Date: the Interest Payment Date scheduled for June 16, 2027) with 10 business days' prior notice. The Notes are subject to Canadian bail-in powers under the CDIC Act and all payments are subject to the Bank's credit risk.
Royal Bank of Canada is offering $500,000 principal amount of Redeemable Range Accrual Notes linked to the 10‑Year CMT Rate, with an Issue Date of May 29, 2026 and Maturity Date of May 29, 2029. The Notes pay quarterly interest that equals 8.00% × (Accrual Days / Calendar Days) for each period, where an Accrual Day occurs when the 10‑Year CMT Rate is between a Lower Barrier of 0.00% and an Upper Barrier of 5.00%. The Notes are redeemable at RBC’s option on any Call Date (first potential Call Date: May 29, 2027) and pay principal at maturity if not redeemed. The public offering price is 100.00% with underwriting discounts of 1.00%, resulting in proceeds to RBC of $495,000. All payments are subject to RBC’s credit risk; the pricing supplement highlights valuation, reference‑rate, marketability and calculation agent discretion risks.
Royal Bank of Canada is offering $2,490,000 principal amount of Capped Return Dual Directional Buffer Notes linked to the S&P 500® Index, maturing on June 1, 2028.
The Notes pay at maturity based on the Underlier Return with a Participation Rate of 100%, a Maximum Upside Return of 18.75% (capping positive returns at $1,187.50 per $1,000) and a Buffer of 10% (protecting the first 10% of losses). The initial estimated value on the Trade Date was $961.01 per $1,000 principal amount; public offering price is par. All payments are subject to the issuer's credit risk and certain determination/payment dates are subject to postponement.
The Royal Bank of Canada is offering three separate Capped Enhanced Return Buffer Notes, each linked to a different equity index: the Nasdaq-100 (NDX), Russell 2000 (RTY) and S&P 500 (SPX). Each $1,000 principal note pays at maturity based on the Underlier Return, a 10% buffer, a capped Maximum Return and a stated Participation Rate.
Key terms: Trade Date May 26, 2026, Issue Date May 29, 2026, Valuation Date May 26, 2028, Maturity Date June 1, 2028. Payments vary: if the Final Underlier Value > Initial, investors receive principal plus upside subject to the Participation Rate and the Maximum Return; if Final is between Initial and the Buffer (90% of Initial), principal is returned; below the Buffer investors incur losses reduced by the 10% Buffer Percentage. All payments are subject to RBC credit risk.
Royal Bank of Canada is offering Auto-Callable Buffer Notes linked to the lesser-performing of the VanEck® Gold Miners ETF and VanEck® Semiconductor ETF. The offering's total public offering price is $642,000 (par $1,000 per Note) with proceeds to the Bank of $614,715. The Notes have a Trade Date of May 26, 2026, Issue Date May 29, 2026, Valuation Date May 27, 2031 and Maturity Date May 30, 2031. The structure is auto-callable annually and provides a 15% buffer against losses in the least performing Underlier; if not called, investors receive principal at maturity only if the Least Performing Underlier's Final Value is at or above its Buffer Value, otherwise the maturity payment is reduced by the Underlier Return net of the 15% Buffer Percentage. All payments are subject to the Bank's credit risk and certain tax and liquidity risks described in the pricing supplement.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the lesser-performing of the VanEck® Semiconductor ETF and the EURO STOXX® Banks Index. The notes have a Trade Date of May 28, 2026, Issue Date June 2, 2026, a Valuation Date of May 29, 2029 and a Maturity Date of June 1, 2029.
The notes pay a contingent quarterly coupon of $40.00 per $1,000 (4.00% per quarter; 16.00% per annum) when each underlier is at or above its coupon threshold on the relevant observation date, and are auto-called if on any call observation date each underlier is at or above its Initial Underlier Value. The barrier and coupon threshold for each underlier is 55% of its Initial Underlier Value. The issuer estimates the initial value will be between $920.40 and $970.40 per $1,000, and the public offering price is at par with an underwriting discount of 1.00%. Payments at maturity depend on the Final Underlier Value of the least-performing underlier and are subject to the issuer's credit risk.
Royal Bank of Canada is offering Capped Return Notes linked to an unequally weighted basket of the Nikkei 225, S&P 500 and EURO STOXX 50, with a public offering amount of $2,754,000. The Notes have an Issue Date of May 29, 2026 and a Maturity Date of May 30, 2031. Payments at maturity per $1,000 principal: if the Final Basket Value is greater than the Initial Basket Value, investors receive $1,000 plus participation of 100% of the Basket Return capped at a Maximum Return of 38% (maximum payment $1,380); if the Final Basket Value is less than or equal to the Initial Basket Value, investors receive $1,000. The initial estimated value on the Trade Date was $951.39 per $1,000. All payments are subject to the issuer's credit risk and tax treatment described herein.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of Adobe, Salesforce, Microsoft, Oracle and Palo Alto Networks. The Notes have a Trade Date of May 26, 2026, an Issue Date of May 29, 2026, a Valuation Date of May 29, 2029 and a Maturity Date of June 1, 2029. If the Basket is at or above the Initial Basket Value on the Call Observation Date (June 1, 2027), the Notes will be automatically called for $1,160 per $1,000 principal (116%) on the Call Settlement Date. If not called, maturity payouts depend on the Final Basket Value relative to the Initial Basket Value (Initial Basket Value set to 100) and a Barrier Value of 70 (70% of initial). The Notes pay at maturity: a participation payment when the Final Basket Value is higher (Participation Rate 125%), return of principal when the Final Basket Value is between the Initial Basket Value and the Barrier Value, and a linear loss of principal when the Final Basket Value is below the Barrier Value. The public offering price is 100.00% (total $1,251,000), underwriting discounts are 2.26% ($28,270), and proceeds to RBC are 97.74% ($1,222,730). The initial estimated value per $1,000 principal is $944.46, which is lower than the public offering price. All payments are subject to the issuer's credit risk and numerous risks summarized in the pricing supplement.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Dual Directional Barrier Notes linked to the least performing of Apple Inc. and Alphabet Inc. The offering totals $3,449,000 with a public offering price of 100% of principal. The notes have a Trade Date of May 26, 2026, an Issue Date of May 29, 2026, a Valuation Date of May 29, 2029 and mature on June 1, 2029.
If the notes are automatically called on the June 1, 2027 Call Observation Date because both underliers are at or above their Initial Underlier Values, investors receive $1,300 per $1,000 principal amount (130%). If not called, payoff depends on the Final Underlier Value of the least performing underlier, with a Participation Rate of 150%, a Barrier equal to 70% of the Initial Underlier Value, and a capped per-note return not to exceed 30% in certain scenarios. All payments are subject to the Bank’s credit risk.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to a five-index, unequally weighted basket. The Notes have a Trade Date of May 26, 2026, an Issue Date of May 29, 2026, a scheduled Valuation Date of May 27, 2031 and a Maturity Date of May 30, 2031. If the Basket is at or above its initial level on the Call Observation Date, the Notes pay $1,100 per $1,000 and are called. If not called, the Notes provide a Participation Rate of 150% on positive Basket performance at maturity, a Barrier Value of 75 (75% of the Initial Basket Value) and principal is at risk if the Final Basket Value is below the Barrier. The initial estimated value determined by the issuer is $933.64 per $1,000, which is less than the public offering price; underwriting discounts and estimated hedging costs are reflected in the offering price. All payments are subject to the Bank's credit risk and the pricing supplement highlights detailed risk factors and tax treatment.
Royal Bank of Canada is offering four separate Auto-Callable Contingent Coupon Barrier Notes due May 31, 2029, each linked to a different equity underlier (QCOM, VLO, VRT, WFC). The notes pay quarterly contingent coupons (rates 14.50%, 11.75%, 17.50%, 9.50% per annum) and feature memory for unpaid coupons. Each series may be auto-called on quarterly Call Observation Dates if the underlier is at or above its Initial Underlier Value; otherwise principal at maturity depends on the Final Underlier Value versus the Barrier Value.
The Trade Date is May 26, 2026, Issue Date May 29, 2026, Valuation Date May 25, 2029. Payments and potential losses are subject to the Bank’s credit risk; the initial estimated value per $1,000 is below the public offering price.
Royal Bank of Canada (RBC) is offering principal-protected-conditional structured notes (each with a $1,000 principal amount) linked to the S&P 500® Index. The notes pay no interest and mature based on a determination date expected 21–24 months after the trade date.
If the final index level on the determination date is at or above 87.50% of the initial level, holders receive a capped threshold settlement amount (expected between $1,139.50 and $1,164.10 per $1,000). If below that threshold, the cash settlement falls below principal and losses—up to the entire principal—are possible. The issuer’s initial estimated value is expected to be between $965.30 and $995.30 per $1,000 and will be less than the original issue price; payments are subject to RBC credit risk.
Royal Bank of Canada is offering $2,133,000 of Auto-Callable Contingent Coupon Barrier Notes linked to Broadcom Inc. (AVGO). The Notes have a Trade Date of May 26, 2026, Issue Date May 29, 2026, Valuation Date June 28, 2027 and Maturity Date July 1, 2027.
Each $1,000 principal amount is sold at par; the initial estimated value is $990.09 per $1,000. Investors may receive monthly contingent coupons of $13.00 per $1,000 (a 15.60% annualized rate) only if the Underlier meets the monthly Coupon Threshold. The Coupon Threshold and Barrier Value equal $236.33 (56% of the Initial Underlier Value of $422.01). If not called, principal repayment at maturity depends on the Final Underlier Value versus the Barrier; a Final Underlier Value below the Barrier can cause substantial or total principal loss.
Royal Bank of Canada is offering Capped Enhanced Return Barrier Notes linked to the Russell 2000® Index. The Notes have a Participation Rate of 200%, a Barrier set at 85% of the Initial Underlier Value, and a Maximum Return of at least 17.25%. The Trade Date is May 29, 2026, Issue Date is June 3, 2026, Valuation Date is July 14, 2027 and Maturity Date is July 19, 2027. Payments at maturity depend on the Final Underlier Value: upside is 200% of the Underlier Return subject to the Maximum Return; if the Final Underlier Value is at or above the Barrier but below the Initial Underlier Value, investors receive principal; if below the Barrier, investors bear losses equal to the Underlier Return. The initial estimated value is expected between $921.50 and $971.50 per $1,000 principal amount and the public offering price is $1,000 per $1,000 with underwriting discounts of 2%. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering five separate Auto-Callable Contingent Coupon Barrier Notes with Memory Coupon, each linked to a single equity underlier: BMY, CHTR, F, GOOGL and ORCL. Each series is sold at par per $1,000 principal amount with differing Contingent Coupon Rates, initial estimated values and specified Barrier and Coupon Threshold levels. The notes may be automatically called on quarterly Call Observation Dates beginning on November 24, 2026; if not called, repayment at maturity on May 31, 2029 depends on the final underlier value relative to the Barrier Value. The notes pay quarterly contingent coupons when each prior observation meets the Coupon Threshold, and unpaid coupons carry forward to the next payable coupon date (paid once). All payments are subject to Royal Bank of Canada credit risk and the pricing supplement highlights liquidity, tax and conflict-of-interest risks, including differences between the initial estimated value and the public offering price.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to three equity indices. The offering prices the Notes at par with an aggregate public offering amount of $2,012,000 and an initial estimated value of $972.76 per $1,000 principal amount. The Notes pay a contingent coupon of $7.50 per $1,000 when monthly observation conditions are met, are callable beginning on November 27, 2026 if all Underliers equal or exceed their initial values, and mature on July 1, 2027. At maturity, if the Least Performing Underlier is below its 75% Barrier, principal is reduced proportionally to that Underlier Return; if at or above its Barrier, investors receive principal plus any contingent coupon otherwise due. All payments are subject to the Bank's credit risk and tax treatment is described in the pricing supplement.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the common stock of FedEx Corporation. The notes pay a monthly contingent coupon of $9.542 per $1,000 (approximately 11.45% per annum) when the Underlier meets the Coupon Threshold. The Barrier and Coupon Threshold equal 70% of the Initial Underlier Value. The public offering price is 100.00% (underwriting discount 1.50%); the issuer’s initial estimated value is expected between $917.50 and $967.50 per $1,000. Payments at maturity depend on whether the notes are auto‑called and on the Final Underlier Value; investors can lose a substantial portion or all principal if the Final Underlier Value is below the Barrier.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of two ETFs. The Notes have a $1,000 principal amount per Note, Trade Date: May 28, 2026, Issue Date: June 2, 2026, and Maturity Date: June 1, 2029. Investors may receive a Contingent Coupon of $39.00 per $1,000 on a Coupon Payment Date if each Underlier is at or above its Coupon Threshold (55% of its Initial Underlier Value) on the preceding Coupon Observation Date. The Notes are auto-callable on quarterly Call Observation Dates if each Underlier is at or above its Initial Underlier Value; if called, holders receive $1,000 plus the contingent coupon otherwise due. At maturity, if not called, payment depends on the Final Underlier Value of the Least Performing Underlier relative to the Barrier Value (55% of Initial Underlier Value) and is subject to the bank's credit risk.
The Royal Bank of Canada is offering Barrier Digital Notes linked to the Class A common stock of Cloudflare, Inc. (ticker NET). Each $1,000 note pays a Digital Return of 29% at maturity if the Final Underlier Value is at or above a Barrier equal to 50% of the Initial Underlier Value. If the Final Underlier Value is below the Barrier, the payoff equals the Underlier Return (which can result in substantial or total loss of principal). Trade Date was May 26, 2026; Issue Date May 29, 2026; Valuation Date November 26, 2027; Maturity Date December 1, 2027. All payments are subject to RBC credit risk and the Notes are unsecured debt of the Bank.
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 May 26, 2026, Issue Date of May 29, 2026, a Valuation Date of May 29, 2029 and a Maturity Date of May 31, 2029. They pay $1,100 per $1,000 if automatically called on the Call Observation Date and otherwise provide a maturity payoff that uses a 150% Participation Rate, a 70% Barrier Value and exposure to the Russell 2000 underlier. The initial estimated value is $967.75 per $1,000 while the public offering price equals par; underwriting discounts reduce proceeds to the Bank. The Notes are unsecured obligations subject to the Bank’s credit risk and include significant liquidity, tax and market risks described in the pricing supplement.
Royal Bank of Canada is offering Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index with a Participation Rate of 105%. The Trade Date is May 26, 2026, Issue Date May 29, 2026, Valuation Date November 26, 2029 and Maturity Date November 29, 2029. Payments at maturity per $1,000 principal: if the Final Underlier Value > Initial Underlier Value, investors receive $1,000 + $1,000 × Underlier Return × 105%; if Final ≤ Initial, investors receive $1,000. The initial estimated value is $931.53 per $1,000 and the public offering price is par. The Underlier is subject to a 0.5% annual decrement fee and other funding and transaction deductions that will reduce performance; average annual deductions are shown as 0.83% (maximum 1.17%).
Royal Bank of Canada is offering $176,000 of Auto-Callable Contingent Coupon Barrier Notes. The Notes are linked to the least performing of the Russell 2000®, S&P 500® and EURO STOXX 50® indices, pay a Contingent Coupon of $22.50 per $1,000 when thresholds are met (2.25% quarterly, 9.00% per annum), may be auto-called if all underliers close at or above initial values on a Call Observation Date, have an Initial Estimated Value of $952.30 per $1,000, a public offering price of par, a Trade Date of May 26, 2026, and mature on May 31, 2030. Payments at maturity depend on the Final Underlier Value of the Least Performing Underlier relative to its 70% Barrier; investors can lose a substantial portion or all principal.
Royal Bank of Canada offers Enhanced Return Barrier Notes linked to the iShares® MSCI EAFE ETF. The notes have a Participation Rate of 117%, a Barrier set at 80% of the Initial Underlier Value, a Trade Date of June 12, 2026, Issue Date June 17, 2026, Valuation Date June 12, 2029 and Maturity Date June 15, 2029. Payment at maturity depends on the Final Underlier Value: investors receive leveraged upside when the Underlier rises, full principal if the Final Underlier Value is between the Barrier and the Initial Underlier Value, and suffer losses if the Final Underlier Value is below the Barrier. All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering Auto-Callable Enhanced Return Barrier Notes linked to an equally weighted basket of five major U.S. bank stocks. The pricing supplement states a public offering price totaling $871,000 in the disclosed allocation, an initial estimated value of $960.11 per $1,000 principal amount, and a Participation Rate of 150%. The Notes mature on June 1, 2029, are callable if the Basket closes at or above its initial value on the Call Observation Date, and pay $1,130 per $1,000 on an automatic call. Payments and secondary-market values are subject to RBC credit risk and other specified risks.
Royal Bank of Canada is offering $2,141,000 of Dual Directional Barrier Digital Notes due May 30, 2031. The Notes pay at maturity based on the least performing of the MSCI Emerging Markets Index and the EURO STOXX 50® Index and provide either a 59% Digital Return cap on upside or principal loss if the least performing Underlier finishes below its 70% Barrier Value. The offering price is par; proceeds to the Bank are $2,066,065. The initial estimated value is $920.40 per $1,000, below the public offering price. All payments are subject to the Bank’s credit risk.
Royal Bank of Canada is offering Enhanced Return Notes linked to the S&P 500 Market Agility 10 TCA 0.5% Decrement Index with a Participation Rate of 155%. The Trade Date is May 26, 2026, Issue Date May 29, 2026, Valuation Date May 27, 2031 and Maturity Date May 30, 2031. At maturity, if the Final Underlier Value is greater than the Initial Underlier Value investors receive $1,000 + $1,000 × Underlier Return × 155%; if not, investors receive $1,000. The public offering price totals $2,614,000 in this tranche; the initial estimated value per $1,000 principal is $922.60, which the issuer states is less than the public offering price. The Underlier is subject to a 0.5% annual decrement fee and other funding and transaction costs that the supplement warns will reduce index performance. All payments are subject to Royal Bank of Canada credit risk.
The 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 notes have a Contingent Coupon of $11.042 per $1,000 principal (equivalent to 13.25% per annum if paid), an initial estimated value of $930.39 per $1,000, and a public offering price of par. Trade Date is May 26, 2026, Issue Date May 29, 2026, Valuation Date November 27, 2028 and Maturity Date November 30, 2028. The notes may be automatically called on designated Call Observation Dates if the Underlier is at or above its initial level, and investors face principal loss at maturity if the Final Underlier Value is below the Barrier Value (70% of the Initial Underlier Value).
Royal Bank of Canada is offering $15,600,000 of Redeemable Fixed Rate Notes due May 29, 2031 with a 5.00% per annum fixed interest rate paid semiannually. The notes are callable by the issuer on the Interest Payment Date of May 29, 2028 and thereafter, and are subject to Canadian bail-in powers.
Issue date is May 29, 2026; underwriting discounts total $39,000 producing proceeds to the Bank of $15,561,000. All payments are subject to the Bank’s credit risk and the notes are not deposit-insured.
Royal Bank of Canada is offering Enhanced Return Barrier Notes linked to the iShares® MSCI EAFE ETF (the “Underlier”). The Notes pay at maturity either: (1) $1,000 + $1,000 × Underlier Return × Participation Rate if the Final Underlier Value is above the Initial Underlier Value; (2) $1,000 if the Final Underlier Value is at or above the Barrier Value; or (3) $1,000 + $1,000 × Underlier Return if the Final Underlier Value is below the Barrier Value, exposing investors to downside loss of principal. Key disclosed terms include a Participation Rate of 101%, a Barrier set at 80% of the Initial Underlier Value, an initial estimated note value between $904.80 and $954.80 per $1,000 principal, Trade Date June 12, 2026, Issue Date June 17, 2026, Valuation Date June 12, 2029, and Maturity Date June 15, 2029. All payments are subject to the Bank’s credit risk and tax treatment described by counsel may be uncertain.
Royal Bank of Canada offers Auto-Callable Contingent Coupon Barrier Notes linked to FedEx Corporation common stock. The notes pay a contingent coupon of $11.25 per $1,000 (1.125% monthly; 13.50% per annum) when the Underlier meets the Coupon Threshold. The notes are callable if the Underlier closes at or above the Initial Underlier Value on a Call Observation Date. The Barrier and Coupon Threshold equal 70% of the Initial Underlier Value. Trade Date is June 5, 2026, Issue Date June 10, 2026, Valuation Date July 6, 2027, and Maturity Date July 9, 2027. Payments depend on FedEx closing prices; if the Final Underlier Value is below the Barrier, principal is reduced pro rata. All payments are subject to Royal Bank of Canada credit risk and tax treatment described in the supplement.
Royal Bank of Canada is offering $697,000 of Capped Enhanced Return Buffer Notes linked to the EURO STOXX 50® Index with a Valuation Date of May 26, 2028 and a Maturity Date of June 1, 2028. The notes pay 200% participation in positive index performance subject to a Maximum Return of 19%, provide a 15% buffer against index declines, and have an initial estimated value of $950.65 per $1,000 (less than the public offering price). All payments are subject to the issuer's credit risk.
Royal Bank of Canada (RY) is offering Capped Return Dual Directional Buffer Notes linked to the S&P 500® Index. The offering price is $1,000 per $1,000 principal amount (total price to public shown as $2,080,000). The Notes mature on June 1, 2028 and reference an Initial Underlier Value of 7,519.12 with a Buffer Value equal to 80% of that level (6,015.30).
Key economic terms: Participation Rate 100% subject to a Maximum Upside Return 18% (capping upside at $1,180 per $1,000), and a Buffer Percentage 20% that provides a positive payoff for declines down to the Buffer but exposes investors to losses below the Buffer. All payments are subject to Royal Bank of Canada's credit risk.
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). The Trade Date is May 26, 2026, Issue Date May 29, 2026, Valuation Date May 26, 2028 and Maturity Date June 1, 2028. Each note has a 15% buffer, a 100% participation rate subject to a stated Maximum Upside Return (listed per offering), and payments at maturity that depend on the Final Underlier Value relative to the Initial Underlier Value and the Buffer Value.
The cover page shows principal amounts offered of $622,000 (NDX), $538,000 (RTY) and $421,000 (SX5E) at public offering prices equal to par. The initial estimated values per $1,000 principal are $955.79 (NDX), $958.64 (RTY) and $950.68 (SX5E), which are lower than the public offering price. All payments are subject to the Bank’s credit risk.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes with a total public offering amount of $2,080,000. The notes pay 4.55% per annum, mature on May 29, 2029 and may be redeemed at the bank's option on Call Dates that coincide with annual interest payment dates.
The Issue Date is May 29, 2026, minimum investment is $1,000, and all payments are subject to the Bank's credit risk. The notes are subject to Canadian bail-in powers under the CDIC Act; bail-in conversion provisions and related legal opinions are described in the pricing supplement.
Royal Bank of Canada is offering $767,000 of Fixed Coupon Barrier Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes pay a Fixed Coupon of $11.875 per $1,000 (equivalent to 14.25% per annum) monthly and mature on June 1, 2027. The Notes return full principal at maturity only if the Final Underlier Value is greater than or equal to the Barrier Value (50% of the Initial Underlier Value, $251.95); if the Final Underlier Value is below the Barrier Value, repayment at maturity will be reduced pro rata by the Underlier Return. All payments are subject to the Bank’s credit risk.
Royal Bank of Canada (RY) is offering two separate Capped Enhanced Return Buffer Notes linked to two ETFs: the VanEck Gold Miners ETF (GDX) and the iShares Semiconductor ETF (SOXX). Each offering is sold in $1,000 minimum denominations with separate terms and has an Initial Estimated Value below the public offering price.
The notes mature on November 30, 2027 with a Participation Rate of 200%, a Buffer Percentage of 15%, and a capped Maximum Return (cover page: $1,550,000 for GDX offering and $1,326,000 for SOXX offering). Payments at maturity depend on the Final Underlier Value versus the Initial Underlier Value and the Buffer Value (85% of initial). All payments are subject to Royal Bank of Canada credit risk.
Royal Bank of Canada is offering Redeemable Fixed Rate Notes due May 28, 2038 with an interest rate of 5.35% per annum. The offering shows a public offering amount of $1,668,000 at 100.00% of par and proceeds to the Bank of $1,634,640. The Notes are callable by the Bank beginning on the May 28, 2029 Interest Payment Date and annually thereafter, and pay interest annually on May 28. The Notes are subject to Canadian bail-in powers under the CDIC Act and will not be deposit-insured. All payments are subject to the Bank's credit risk.
Royal Bank of Canada offers Auto-Callable Contingent Coupon Buffer Notes linked to the Bloomberg US Large Cap VolMax Index. The Notes price at 100.00% of principal with an underwriting discount of 4.25%; public offering price per $1,000 principal is $1,000 (some fee‑based accounts may pay between $957.50 and $1,000.00). The initial estimated value is stated as between $882.50 and $932.50 per $1,000 principal amount.
Key economic terms: Trade Date June 25, 2026, Issue Date June 29, 2026, Valuation Date June 25, 2031, Maturity Date June 30, 2031. Contingent Coupon, if payable, is $42.50 per $1,000 per quarter (a stated annual rate of 17.00%). The Notes include a 15% Buffer Percentage and a Coupon Threshold equal to 75% of the Initial Underlier Value; investors can lose a portion of principal if the Final Underlier Value is below the Buffer Value. The Notes are unsecured senior debt of the Bank and all payments are subject to the Bank’s credit risk.
Royal Bank of Canada is offering Enhanced Return Barrier Notes linked to the Solactive Equal Weight U.S. Semiconductor Select AR Index. The notes have a Participation Rate of 102.25%, an Initial Underlier Value of 67,646.33 and a Barrier equal to 70% of that value (47,352.43). The notes mature on May 28, 2031 with a Valuation Date of May 22, 2031. Payments at maturity vary: upside equals principal plus participation on positive index returns; full principal is returned if Final Value is between the Initial Value and the Barrier; below the Barrier you suffer the Underlier Return loss.
Royal Bank of Canada is offering Auto-Callable Geared Buffer Notes linked to the lesser-performing of the iShares MSCI EAFE ETF and the S&P 500 Index. The public offering totals $7,681,000 at par; proceeds to the Bank are $7,669,478.50. The Notes have an initial estimated value of $994.00 per $1,000 principal amount. Key dates: Strike Date May 21, 2026, Trade Date May 22, 2026, Issue Date May 28, 2026, Valuation Date Nov 22, 2027, Maturity Date Nov 26, 2027. The Notes are auto-callable on semiannual observation dates with a stated call return rate of 11.65% per annum. At maturity, if not called, principal repayment depends on the Final Underlier Value of the least performing Underlier relative to its Buffer Value (80% of Initial Underlier Value), with a Downside Multiplier of 1.25, so investors can lose some or all principal. All payments are subject to the issuers credit risk and U.S. federal tax considerations (including potential Section 1260 and Section 871(m) issues) are discussed in the supplement.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100® Technology Sector (NDXT), the Russell 2000® Index (RTY) and the S&P 500® Index (SPX). The notes trade on a Trade Date of May 22, 2026, have an Issue Date of May 28, 2026, a Valuation Date of May 22, 2029 and a Maturity Date of May 25, 2029.
The notes pay a contingent coupon of $7.917 per $1,000 (equivalent to 9.50% per annum) when, on the preceding coupon observation date, each underlier is at or above its coupon threshold. The notes are auto-callable monthly beginning with the observation on November 23, 2026: if on a call observation date every underlier is at or above its initial level, the notes will be called and investors receive par plus the contingent coupon otherwise due.
Each underlier’s barrier and coupon threshold equal 60% of its initial value. If the notes are not called and the least performing underlier finishes below its barrier, repayment at maturity is reduced pro rata by that underlier’s percentage decline, and investors could lose a substantial portion or all principal. The issuer’s initial estimated value was $979.79 per $1,000, below the public offering price.
Royal Bank of Canada offers $450,000 of Auto-Callable Contingent Coupon Barrier Notes linked to the least performing of the Nasdaq-100 Technology Sector, the S&P 500 and the EURO STOXX Banks Index. The Notes pay a monthly contingent coupon of 11.00% per annum if each Underlier meets its 70% Coupon Threshold on observation dates. The Notes may be automatically called if, on any Call Observation Date beginning August 24, 2026, each Underlier is at or above its Initial Underlier Value; if not called, final payoff depends on the Least Performing Underlier relative to its 60% Barrier on the Valuation Date November 22, 2027, with maturity on November 26, 2027. The public offering price is 100.00% ($1,000 per $1,000 principal); the initial estimated value per $1,000 is $966.19. 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 EURO STOXX Banks Index and the State Street Technology Select Sector SPDR ETF. The Notes have a public offering price equal to par and an underwriting discount of 1%.
Key terms: Trade Date: May 28, 2026, Issue Date: June 2, 2026, Valuation Date: May 29, 2029, Maturity Date: June 1, 2029. Contingent Coupon is $38.75 per $1,000 (a 3.875% quarterly rate / 15.50% per annum). Barrier and Coupon Threshold for each Underlier equal 70% of its Initial Underlier Value (examples: SX7E Barrier 190.44; XLK Barrier $129.60). If not called, principal at maturity depends on the Final Underlier Value of the Least Performing Underlier; a Final Underlier Value below the Barrier can cause substantial or total loss of principal. All payments are subject to Royal Bank of Canada's credit risk.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the Nasdaq-100, Russell 2000 and the State Street Utilities Select Sector SPDR ETF. The notes pay a monthly Contingent Coupon of $9.25 per $1,000 (annualized 11.10%) when all three underliers meet their monthly Coupon Thresholds. The notes may be automatically called on quarterly Call Observation Dates if each underlier is at or above its Initial Underlier Value; if called investors receive $1,000 plus the Contingent Coupon otherwise due. At maturity, if not called, payment depends on the performance of the least performing underlier: investors receive $1,000 if that underlier is at or above its Barrier Value, or a reduced principal amount equal to $1,000×(1 + Underlier Return) if below the Barrier, exposing investors to substantial principal loss. Trade Date: June 2, 2026; Issue Date: June 5, 2026; Valuation Date: June 4, 2029; Maturity Date: June 7, 2029. The initial estimated value is expected to be between $887.90 and $937.90 per $1,000, which is less than the public offering price. All payments are subject to Royal Bank of Canada credit risk and a number of risks described in the pricing supplement.
Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the lesser performing of the VanEck SMH ETF and the State Street XOP ETF. The public offering price is $1,000 per $1,000 principal amount (100.00%) with underwriting discounts of $10 (1.00%), leaving proceeds to the issuer of $990 (99.00%). The initial estimated value is stated to be between $919.14 and $969.14 per $1,000 principal amount. Key economic features include quarterly contingent coupons of $43.75 per $1,000 (a 17.50% annualized rate if payable), an automatic call if both underliers are at or above their Initial Underlier Values on a Call Observation Date, a barrier and coupon threshold equal to 60% of each Initial Underlier Value, a Valuation Date of May 29, 2029, and a Maturity Date of June 1, 2029.