Royal Bank Of Canada RY
NYSE RY
$197.86 -1.94 (-0.97%)
As of: Sep 30, 2026 · 10:25 AM EDT

Royal Bank Of Canada (RY) Interest Expense - Debt (2011 - 2023)

Updated

Royal Bank Of Canada (RY) recorded Interest Expense - Debt of $7.39 billion in fiscal Q4 2023 (quarter ended Oct 31, 2023), up 2.3% from $7.23 billion a year earlier.

Analysis

Royal Bank Of Canada (RY) Interest Expense - Debt (2011 - 2023) Analysis & Trends

For FY2023 (ended Oct 31, 2023), Royal Bank Of Canada reported Interest Expense - Debt of $7.44 billion, down 0.4% from FY2022.

  • Annual Interest Expense - Debt has a four-year compound annual growth rate of 1.5% (FY2019 to FY2023).
  • Across earlier fiscal years, Interest Expense - Debt came in at $7.46 billion in FY2022 (-6.8%), $8.01 billion in FY2021 (+8.4%), $7.39 billion in FY2020 (+5.3%) and $7.02 billion in FY2019.
  • The fiscal Q4 2023 figure is the highest quarterly Interest Expense - Debt since fiscal Q4 2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 Jpmorgan Chase 895.36 Bn 924.83 Bn - 4.47 Bn
2 Banco Santander Chile 425.01 Bn 544.95 Bn - -
3 Bank Of America 389.22 Bn -1,986.85 Bn - 3.10 Bn
4 Hsbc Holdings 347.56 Bn 347.61 Bn - -
5 Morgan Stanley 304.44 Bn -204.66 Bn - 3.41 Bn
6 Royal Bank Of Canada 281.54 Bn 132.29 Bn - -
7 Mitsubishi Ufj Financial 277.23 Bn -1,311.26 Bn 10.89 Bn -
8 Goldman Sachs 267.12 Bn -3,289.99 Bn - 2.62 Bn
9 Wells Fargo & Company 244.76 Bn 246.90 Bn - 2.39 Bn
10 Banco Santander 209.18 Bn 216.79 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Oct 31, 2023 7.39 Bn
Oct 31, 2022 7.23 Bn
Oct 31, 2021 8.01 Bn
Oct 31, 2020 7.51 Bn
Oct 31, 2019 7.04 Bn
Jan 31, 2016 2.63 Bn
Jul 31, 2015 803.53 Mn
Oct 31, 2014 905.35 Mn
Jul 31, 2014 924.47 Mn
Jan 31, 2013 2.06 Bn
Jan 31, 2011 1.49 Bn
API Access

Royal Bank Of Canada Interest Expense - Debt API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=RY&period=max&api_key=YOUR_API_KEY