Royal Bank of Canada vs SoFi Technologies Inc — how do they compare? Royal Bank of Canada trades at $210.44 (market cap $292.32B), while SoFi Technologies Inc trades at $18.1 (market cap $23.22B). The key difference: Royal Bank of Canada is far larger — about 12.6× SoFi Technologies Inc's market cap, and Royal Bank of Canada pays a 2.37% dividend while SoFi Technologies Inc pays none. Which is the better fit depends on your goals.
| RY | SOFI | |
|---|---|---|
Market Cap | $292.32B | $23.22B |
Sector | Financials | Financials |
52-Week High | $217.87 | $32.21 |
52-Week Low | $134.80 | $15.15 |
Dividend Yield | 2.37% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →