Royal Bank Of Canada RY
NYSE RY
$206.82 -2.18 (-1.04%)
As of: Sep 9, 2026 · 3:59 PM EDT

Royal Bank Of Canada (RY) Interest Expense - Debt (2009 - 2026)

Royal Bank Of Canada (RY) posted Interest Expense - Debt of $1.1 billion for Q3 2026, down 16.24% on a QoQ basis from $1.3 billion in Q2 2026, and down 1.45% year-over-year from $1.1 billion in Q3 2025.

Analysis

Royal Bank Of Canada (RY) Interest Expense - Debt (2009 - 2026) Analysis & Trends

Royal Bank Of Canada has reported Interest Expense - Debt for 17 years, with the latest figure at $1.1 billion in Q3 2026.

  • On a quarterly basis, Interest Expense - Debt fell 1.45% year-over-year to $1.1 billion in Q3 2026; TTM through Jul 2026 was $995.7 million, a 58.39% decrease from a year earlier, with the FY2025 full-year figure at $2.1 billion, down 10.56% from the prior year.
  • Interest Expense - Debt was $1.1 billion for Q3 2026 at Royal Bank Of Canada, down from $1.3 billion in the prior quarter.
  • The five-year high for Interest Expense - Debt was $1.5 billion in Q2 2024, with the low at -$1.5 billion in Q1 2026.
  • Average Interest Expense - Debt over 5 years is $336.2 million, with a median of $136.4 million recorded in 2023.
  • The largest YoY upside for Interest Expense - Debt was 1080.98% in 2024 against a maximum downside of 940.33% in 2024.
  • Over 5 years, Interest Expense - Debt stood at $83.6 million in 2022, then jumped by 63.26% to $136.4 million in 2023, then grew by 3.59% to $141.3 million in 2024, then declined by 17.88% to $116.1 million in 2025, then surged by 821.36% to $1.1 billion in 2026.
  • The last three Interest Expense - Debt figures came in at $1.1 billion (Q3 2026), $1.3 billion (Q2 2026), and -$1.5 billion (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 Bank Of America 2,145.36 Bn 1,556.87 Bn 30.39 Bn 6.61 Bn
2 Morgan Stanley 335.03 Bn 174.89 Bn - 3.41 Bn
3 Goldman Sachs 309.45 Bn -666.90 Bn - 2.62 Bn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn -
5 Royal Bank Of Canada 291.49 Bn 64.61 Bn - 1.07 Bn
6 Wells Fargo & Company 272.88 Bn 68.91 Bn - 2.39 Bn
7 American Express 218.59 Bn 169.28 Bn 17.99 Bn 682.00 Mn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -
9 Toronto Dominion Bank 205.88 Bn 44.55 Bn - 7.55 Bn
10 Schwab Charles 185.06 Bn 111.46 Bn - 228.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 1.07 Bn
Apr 30, 2026 1.28 Bn
Jan 31, 2026 -1.47 Bn
Oct 31, 2025 116.06 Mn
Jul 31, 2025 1.09 Bn
Apr 30, 2025 109.63 Mn
Jan 31, 2025 1.06 Bn
Oct 31, 2024 141.33 Mn
Jul 31, 2024 -1.10 Bn
Apr 30, 2024 1.48 Bn
Jan 31, 2024 137.59 Mn
Oct 31, 2023 136.44 Mn
Jul 31, 2023 130.36 Mn
Apr 30, 2023 124.90 Mn
Jan 31, 2023 1.11 Bn
Oct 31, 2022 83.57 Mn
Jul 31, 2022 59.87 Mn
Apr 30, 2022 45.79 Mn
Jan 31, 2022 790.08 Mn
Oct 31, 2021 33.41 Mn