Proficio Capital Partners LLC bought a new position in shares of Royal Bank of Canada (NYSE:RY – Free Report) (TSE:RY) in the 4th quarter, according to its most recent Form 13F filing with the SEC.

Royal Bank of Canada remains strong with rising net interest income. Read why RY stock could surge 24% or more if growth ...

If you’re looking for long-term income, bank ... RBC currently trades at a higher price-to-earnings ratio compared to CIBC, reflecting its premium status in the Canadian banking sector.