Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Royal Bank of Canada or JPMorgan Chase & Co. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Royal Bank of Canada and JPMorgan Chase & Co. compare based on key financial metrics to determine which better meets your investment needs.

About Royal Bank of Canada and JPMorgan Chase & Co.

Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions. The company’s Commercial Banking segments provides lending, deposit and transaction banking products and services. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other solutions to clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company’s Insurance segment offers life, health, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; digital platforms; and independent brokers and partners, as well as client-led advice and solutions. The company’s Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is based in Toronto, Canada.

JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking, market-making, financing, custody, and securities products and services; corporate strategy and structure advisory, equity and debt market capital-raising, and loan origination and syndication services; cash and derivative instruments, risk management solutions, prime brokerage, clearing, and research; and fund services, liquidity and trading services, and data solutions products for large corporations, financial institutions, merchants, start-ups, small and midsized companies, local governments, municipalities, nonprofits, and commercial real estate clients. In addition, the company offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; retirement products and services, estate planning, lending, deposits, and investment management products to high-net-worth clients; and financial transaction processing. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Latest Banks and Royal Bank of Canada, JPMorgan Chase & Co. Stock News

As of April 28, 2026, Royal Bank of Canada had a $249.0 billion market capitalization, compared to the Banks median of $732.9 million. Royal Bank of Canada’s stock is up 4% in 2026, up 0.6% in the previous five trading days and up 50.95% in the past year.

Currently, Royal Bank of Canada’s price-earnings ratio is 16.6. Royal Bank of Canada’s trailing 12-month revenue is $46.8 billion with a 33.1% net profit margin. Year-over-year quarterly sales growth most recently was 14.7%. Analysts expect adjusted earnings to reach $11.614 per share for the current fiscal year. Royal Bank of Canada currently has a 3.7% dividend yield.

As of April 28, 2026, JPMorgan Chase & Co. had a $834.5 billion market cap, putting it in the 100th percentile of all stocks. JPMorgan Chase & Co.’s stock is down 3.5% in 2026, down 0.7% in the previous five trading days and up 27.88% in the past year.

Currently, JPMorgan Chase & Co.’s price-earnings ratio is 15.6. JPMorgan Chase & Co.’s trailing 12-month revenue is $168.2 billion with a 33.9% net profit margin. Year-over-year quarterly sales growth most recently was 2.5%. Analysts expect adjusted earnings to reach $22.281 per share for the current fiscal year. JPMorgan Chase & Co. currently has a 1.9% dividend yield.

How We Compare Royal Bank of Canada and JPMorgan Chase & Co. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Royal Bank of Canada and JPMorgan Chase & Co.’s stock grades to see how they measure up against one another.

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Royal Bank of Canada and JPMorgan Chase & Co. Stock Value Grades

Company	Ticker	Value
Royal Bank of Canada	RY	D
JPMorgan Chase & Co.	JPM	C

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Royal Bank of Canada has a Value Score of 33, which is Expensive. JPMorgan Chase & Co. has a Value Score of 51, which is Average.

The Value Stock Winner: No Clear Winner

Neither Royal Bank of Canada or JPMorgan Chase & Co. has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if Royal Bank of Canada or JPMorgan Chase & Co. is the better investment when it comes to value.

Royal Bank of Canada and JPMorgan Chase & Co.’s Momentum Grades

Company	Ticker	Momentum
Royal Bank of Canada	RY	B
JPMorgan Chase & Co.	JPM	C

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Royal Bank of Canada has a Momentum Score of 69, which is Strong. JPMorgan Chase & Co. has a Momentum Score of 56, which is Average.

The Momentum Grade Winner: Royal Bank of Canada

As you can clearly see from the Momentum Grade breakdown above, Royal Bank of Canada is considered to have stronger momentum compared to JPMorgan Chase & Co.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Royal Bank of Canada could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Royal Bank of Canada and JPMorgan Chase & Co.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Royal Bank of Canada	RY	B
JPMorgan Chase & Co.	JPM	B

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Royal Bank of Canada has a Earnings Estimate Score of 68, which is Positive. JPMorgan Chase & Co. has a Earnings Estimate Score of 64, which is Positive.

The Earnings Estimate Revisions Grade Winner: It’s a Tie!

Looking at the Earnings Estimate Revisions Grade breakdown above, both Royal Bank of Canada and JPMorgan Chase & Co. have a grade of B. For those focusing solely on a company’s estimate revisions, other financial metrics will need to be evaluated to determine whether Royal Bank of Canada or JPMorgan Chase & Co. is a better fit.

Other Royal Bank of Canada and JPMorgan Chase & Co. Grades

In addition to Estimate Revisions, Momentum and Value, A+ Investor also provides grades for Growth and Quality.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Royal Bank of Canada and JPMorgan Chase & Co. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Royal Bank of Canada or JPMorgan Chase & Co. Stock?

Overall, Royal Bank of Canada stock has a Value Score of 33, Momentum Score of 69 and Estimate Revisions Score of 68.

JPMorgan Chase & Co. stock has a Value Score of 51, Momentum Score of 56 and Estimate Revisions Score of 64.

Comparing Royal Bank of Canada and JPMorgan Chase & Co.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.