Royal Bank Of Canada RY
NYSE RY
$205.76 -0.21 (-0.10%)
As of: Sep 11, 2026 · 11:47 AM EDT

Royal Bank Of Canada (RY) Accumulated Expenses (2017 - 2024)

Royal Bank Of Canada (RY) posted Accumulated Expenses of $9.7 billion for Q4 2024, up 20.09% on a QoQ basis from $8.1 billion in Q4 2023, and up 20.09% year-over-year from $8.1 billion in Q4 2023.

Analysis

Royal Bank Of Canada (RY) Accumulated Expenses (2017 - 2024) Analysis & Trends

Royal Bank Of Canada has reported Accumulated Expenses for 8 years, with the latest figure at $9.7 billion in Q4 2024.

  • On a quarterly basis, Accumulated Expenses rose 20.09% year-over-year to $9.7 billion in Q4 2024; TTM through Oct 2024 was $9.7 billion, a 20.09% increase from a year earlier, with the FY2024 full-year figure at $9.7 billion, up 19.84% from the prior year.
  • Accumulated Expenses was $9.7 billion for Q4 2024 at Royal Bank Of Canada, up from $8.1 billion in the prior quarter.
  • The five-year high for Accumulated Expenses was $9.7 billion in Q4 2024, with the low at $1.7 billion in Q4 2021.
  • Average Accumulated Expenses over 5 years is $5.1 billion, with a median of $3.8 billion recorded in 2022.
  • The sharpest annual moves came in 2021 and 2022: Accumulated Expenses fell 19.77% in 2021, then soared 118.12% in 2022.
  • Over 5 years, Accumulated Expenses stood at $2.2 billion in 2020, then dropped by 19.77% to $1.7 billion in 2021, then jumped by 118.12% to $3.8 billion in 2022, then jumped by 113.43% to $8.1 billion in 2023, then increased by 20.09% to $9.7 billion in 2024.
  • The last three Accumulated Expenses figures came in at $9.7 billion (Q4 2024), $8.1 billion (Q4 2023), and $3.8 billion (Q4 2022), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn
2 Morgan Stanley 332.39 Bn 172.25 Bn -
3 Goldman Sachs 308.89 Bn -667.46 Bn -
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn
5 Royal Bank Of Canada 289.96 Bn 63.08 Bn -
6 Wells Fargo & Company 274.92 Bn 70.95 Bn -
7 American Express 220.22 Bn 170.90 Bn 17.99 Bn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn
9 Toronto Dominion Bank 207.85 Bn 46.52 Bn -
10 Schwab Charles 184.64 Bn 111.05 Bn -
Historic Data

Historic Data

Download Data
DateValue
Oct 31, 2024 9.69 Bn
Oct 31, 2023 8.07 Bn
Oct 31, 2022 3.78 Bn
Oct 31, 2021 1.73 Bn
Oct 31, 2020 2.16 Bn
Oct 31, 2019 2.64 Bn
Oct 31, 2018 2.36 Bn
Oct 31, 2017 1.43 Bn