Royal Bank Of Canada (RY) Interest Expense - Deposits (2009 - 2026)
Royal Bank Of Canada (RY) posted quarterly Interest Expense - Deposits of $7.6 billion for Q1 2026, down 8.14% year-over-year from $8.3 billion in Q1 2025, and down 4.08% quarter-over-quarter from $8.0 billion in Q4 2025.
Royal Bank Of Canada (RY) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
Royal Bank Of Canada's Interest Expense - Deposits history runs 18 years deep, the most recent figure standing at $7.6 billion for Q1 2026.
- In Q1 2026, Interest Expense - Deposits fell 8.14% year-over-year to $7.6 billion; the TTM figure through Jan 2026 stood at $31.3 billion (down 9.71% YoY), while the FY2025 annual figure was $32.0 billion, down 7.83% from the prior year.
- Interest Expense - Deposits for Q1 2026 stood at $7.6 billion, down from $8.0 billion in the prior quarter.
- The five-year high for Interest Expense - Deposits was $9.1 billion in Q3 2024, with the low at $1.0 billion in Q1 2022.
- The 5-year median for Interest Expense - Deposits is $7.6 billion (2026), against an average of $6.5 billion.
- The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits dropped 12.71% in 2022, then jumped 463.17% in 2023.
- Royal Bank Of Canada's Interest Expense - Deposits stood at $3.9 billion in 2022, then soared by 97.45% to $7.7 billion in 2023, then rose by 14.03% to $8.8 billion in 2024, then declined by 9.52% to $8.0 billion in 2025, then slipped by 4.08% to $7.6 billion in 2026.
- Business Quant data shows RY's Interest Expense - Deposits at $7.6 billion in Q1 2026, $8.0 billion in Q4 2025, and $8.2 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 7.37 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 7.65 Bn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | 5.52 Bn |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | 3.48 Bn |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | 8.75 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Bank of New York Mellon | 108.83 Bn | 47.61 Bn | - | 1.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 7.65 Bn |
| Oct 31, 2025 | 7.97 Bn |
| Jul 31, 2025 | 8.17 Bn |
| Apr 30, 2025 | 7.53 Bn |
| Jan 31, 2025 | 8.32 Bn |
| Oct 31, 2024 | 8.81 Bn |
| Jul 31, 2024 | 9.08 Bn |
| Apr 30, 2024 | 8.47 Bn |
| Jan 31, 2024 | 8.36 Bn |
| Oct 31, 2023 | 7.73 Bn |
| Jul 31, 2023 | 7.32 Bn |
| Apr 30, 2023 | 6.40 Bn |
| Jan 31, 2023 | 5.76 Bn |
| Oct 31, 2022 | 3.91 Bn |
| Jul 31, 2022 | 2.17 Bn |
| Apr 30, 2022 | 1.16 Bn |
| Jan 31, 2022 | 1.02 Bn |
| Oct 31, 2021 | 1.01 Bn |
| Jul 31, 2021 | 1.04 Bn |
| Apr 30, 2021 | 1.11 Bn |