Royal Bank Of Canada (RY) Interest Expense - Deposits (2009 - 2026)
Royal Bank Of Canada (RY) posted Interest Expense - Deposits of $7.9 billion for Q3 2026, up 2.71% on a QoQ basis from $7.6 billion in Q1 2026, and down 3.89% year-over-year from $8.2 billion in Q3 2025.
Analysis
Royal Bank Of Canada (RY) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
Royal Bank Of Canada has reported Interest Expense - Deposits for 17 years, with the latest figure at $7.9 billion in Q3 2026.
- On a quarterly basis, Interest Expense - Deposits fell 3.89% year-over-year to $7.9 billion in Q3 2026; TTM through Jul 2026 was $31.6 billion, a 7.98% decrease from a year earlier, with the FY2025 full-year figure at $32.0 billion, down 7.83% from the prior year.
- Interest Expense - Deposits was $7.9 billion for Q3 2026 at Royal Bank Of Canada, up from $7.6 billion in the prior quarter.
- The five-year high for Interest Expense - Deposits was $190.3 billion in Q4 2022, with the low at $1.0 billion in Q1 2022.
- Average Interest Expense - Deposits over 5 years is $17.4 billion, with a median of $7.9 billion recorded in 2026.
- The largest YoY upside for Interest Expense - Deposits was 463.17% in 2023 against a maximum downside of 95.94% in 2023.
- Over 5 years, Interest Expense - Deposits stood at $190.3 billion in 2022, then sank by 95.94% to $7.7 billion in 2023, then advanced by 14.03% to $8.8 billion in 2024, then retreated by 9.52% to $8.0 billion in 2025, then decreased by 1.48% to $7.9 billion in 2026.
- The last three Interest Expense - Deposits figures came in at $7.9 billion (Q3 2026), $7.6 billion (Q1 2026), and $8.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 7.37 Bn |
| 2 | Morgan Stanley | 336.59 Bn | 176.45 Bn | - | 2.70 Bn |
| 3 | Goldman Sachs | 311.54 Bn | -664.81 Bn | - | 5.10 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 3.48 Bn |
| 5 | Royal Bank Of Canada | 292.13 Bn | 65.24 Bn | - | 7.85 Bn |
| 6 | Wells Fargo & Company | 277.06 Bn | 73.10 Bn | - | 5.52 Bn |
| 7 | American Express | 220.29 Bn | 170.97 Bn | 17.99 Bn | 1.28 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 208.85 Bn | 47.52 Bn | - | 6.09 Bn |
| 10 | Schwab Charles | 187.12 Bn | 113.53 Bn | - | 114.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.85 Bn |
| Jan 31, 2026 | 7.65 Bn |
| Oct 31, 2025 | 7.97 Bn |
| Jul 31, 2025 | 8.17 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 | 190.33 Bn |
| Jul 31, 2022 | 2.17 Bn |
| Apr 30, 2022 | 1.16 Bn |
| Jan 31, 2022 | 1.02 Bn |
| Oct 31, 2021 | 185.58 Bn |
| Jul 31, 2021 | 1.04 Bn |
| Apr 30, 2021 | 1.11 Bn |