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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |