WallStSmart

Royal Bank of Canada (RY)vsSB Financial Group Inc (SBFG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Royal Bank of Canada generates 98166% more annual revenue ($63.42B vs $64.54M). RY leads profitability with a 33.1% profit margin vs 21.6%. SBFG trades at a lower P/E of 9.6x. RY earns a higher WallStSmart Score of 68/100 (B-).

RY

Strong Buy

68

out of 100

Grade: B-

Growth: 7.3Profit: 8.0Value: 7.3Quality: 5.0

SBFG

Buy

63

out of 100

Grade: C+

Growth: 6.7Profit: 7.0Value: 8.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

RYUndervalued (+43.6%)

Margin of Safety

+43.6%

Fair Value

$302.37

Current Price

$163.39

$138.98 discount

UndervaluedFair: $302.37Overvalued
SBFGUndervalued (+65.9%)

Margin of Safety

+65.9%

Fair Value

$61.85

Current Price

$20.48

$41.37 discount

UndervaluedFair: $61.85Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

RY6 strengths · Avg: 9.3/10
Market CapQuality
$225.87B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
33.1%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
46.2%10/10

Strong operational efficiency at 46.2%

Free Cash FlowQuality
$37.30B10/10

Generating 37.3B in free cash flow

P/E RatioValuation
15.4x8/10

Attractively priced relative to earnings

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

SBFG4 strengths · Avg: 9.8/10
P/E RatioValuation
9.6x10/10

Attractively priced relative to earnings

Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Operating MarginProfitability
31.4%10/10

Strong operational efficiency at 31.4%

Profit MarginProfitability
21.6%9/10

Keeps 22 of every $100 in revenue as profit

Areas to Watch

RY1 concerns · Avg: 4.0/10
PEG RatioValuation
2.414/10

Expensive relative to growth rate

SBFG1 concerns · Avg: 3.0/10
Market CapQuality
$132.35M3/10

Smaller company, higher risk/reward

Comparative Analysis Report

WallStSmart Research

Bull Case : RY

The strongest argument for RY centers on Market Cap, Profit Margin, Operating Margin. Profitability is solid with margins at 33.1% and operating margin at 46.2%.

Bull Case : SBFG

The strongest argument for SBFG centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 21.6% and operating margin at 31.4%.

Bear Case : RY

The primary concerns for RY are PEG Ratio.

Bear Case : SBFG

The primary concerns for SBFG are Market Cap.

Key Dynamics to Monitor

RY carries more volatility with a beta of 0.94 — expect wider price swings.

SBFG is growing revenue faster at 7.5% — sustainability is the question.

RY generates stronger free cash flow (37.3B), providing more financial flexibility.

Monitor BANKS - DIVERSIFIED industry trends, competitive dynamics, and regulatory changes.

Bottom Line

RY scores higher overall (68/100 vs 63/100), backed by strong 33.1% margins. SBFG offers better value entry with a 65.9% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Royal Bank of Canada

FINANCIAL SERVICES · BANKS - DIVERSIFIED · USA

Royal Bank of Canada is a globally diversified financial services company. The company is headquartered in Toronto, Canada.

SB Financial Group Inc

FINANCIAL SERVICES · BANKS - REGIONAL · USA

SB Financial Group, Inc. offers a range of commercial banking and wealth management services to individual and corporate clients primarily in Ohio, Indiana and Michigan. The company is headquartered in Defiance, Ohio.

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