Royal Bank Of Canada RY
NYSE RY
$205.23 +0.02 (+0.01%)
At close: Aug 21, 2026 · 4:00 PM EDT

Royal Bank Of Canada (RY) Interest Expenses (2009 - 2026)

Royal Bank Of Canada (RY) posted quarterly Interest Expenses of $12.6 billion for Q1 2026, down 7.99% year-over-year from $13.7 billion in Q1 2025, and down 0.76% quarter-over-quarter from $12.7 billion in Q4 2025.

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

Royal Bank Of Canada's Interest Expenses history runs 18 years deep, the most recent figure standing at $12.6 billion for Q1 2026.

  • In Q1 2026, Interest Expenses fell 7.99% year-over-year to $12.6 billion; the TTM figure through Jan 2026 stood at $50.3 billion (down 9.57% YoY), while the FY2025 annual figure was $50.7 billion, down 10.41% from the prior year.
  • Interest Expenses for Q1 2026 stood at $12.6 billion, down from $12.7 billion in the prior quarter.
  • The five-year high for Interest Expenses was $14.9 billion in Q3 2024, with the low at $1.7 billion in Q1 2022.
  • The 5-year median for Interest Expenses is $12.6 billion (2026), against an average of $10.6 billion.
  • The sharpest annual moves came in 2023 and 2025: Interest Expenses surged 484.98% in 2023, then fell 15.76% in 2025.
  • Royal Bank Of Canada's Interest Expenses stood at $6.5 billion in 2022, then jumped by 104.19% to $13.2 billion in 2023, then dropped by 2.92% to $12.9 billion in 2024, then declined by 1.08% to $12.7 billion in 2025, then fell by 0.76% to $12.6 billion in 2026.
  • Business Quant data shows RY's Interest Expenses at $12.6 billion in Q1 2026, $12.7 billion in Q4 2025, and $13.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Bank Of America 441.62 Bn -146.87 Bn 30.39 Bn 17.84 Bn
2 Hsbc Holdings 357.01 Bn 357.01 Bn - -
3 Royal Bank Of Canada 286.58 Bn 87.66 Bn - 12.62 Bn
4 Wells Fargo & Company 254.86 Bn 50.89 Bn - 10.97 Bn
5 Mitsubishi Ufj Financial 251.70 Bn -141.92 Bn 10.89 Bn -
6 Citigroup 223.37 Bn -2,078.94 Bn 24.75 Bn 20.54 Bn
7 Banco Santander 209.76 Bn 30.11 Bn - -34.43 Bn
8 Toronto Dominion Bank 194.48 Bn 19.99 Bn - 8.11 Bn
9 UBS Group AG 167.76 Bn -47.95 Bn - -
10 Bank of New York Mellon 108.83 Bn 47.61 Bn - 4.49 Bn

Historic Data

Download Data
DateValue
Jan 31, 2026 12.62 Bn
Jan 31, 2026 12.62 Bn
Oct 31, 2025 12.72 Bn
Oct 31, 2025 12.72 Bn
Jul 31, 2025 13.02 Bn
Jul 31, 2025 13.02 Bn
Apr 30, 2025 11.89 Bn
Apr 30, 2025 11.89 Bn
Jan 31, 2025 13.72 Bn
Jan 31, 2025 13.72 Bn
Oct 31, 2024 12.86 Bn
Oct 31, 2024 12.86 Bn
Jul 31, 2024 14.88 Bn
Jul 31, 2024 14.88 Bn
Apr 30, 2024 14.11 Bn
Apr 30, 2024 14.11 Bn
Jan 31, 2024 14.26 Bn
Jan 31, 2024 14.26 Bn
Oct 31, 2023 13.25 Bn
Oct 31, 2023 13.25 Bn