Royal Bank of Canada vs Snowflake Inc — how do they compare? Royal Bank of Canada trades at $210.37 (market cap $289.51B), while Snowflake Inc trades at $271.05 (market cap $95.09B). The key difference: Royal Bank of Canada is far larger — about 3× Snowflake Inc's market cap, and Royal Bank of Canada pays a 2.42% dividend while Snowflake Inc pays none. Which is the better fit depends on your goals.
| RY | SNOW | |
|---|---|---|
Market Cap | $289.51B | $95.09B |
Sector | Financials | Technology |
52-Week High | $217.87 | $280.16 |
52-Week Low | $128.46 | $121.11 |
Dividend Yield | 2.42% | — |
Enterprise Value | — | $94.90B |
Trailing returns across standard periods
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Read more on SNOW →