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 3.17% year-over-year from $13.0 billion in Q1 2025, and down 0.76% on a QoQ basis from $12.7 billion in Q4 2025.

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

Royal Bank Of Canada (RY) has reported Interest Expenses for 18 consecutive years, with $12.6 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Interest Expenses fell 3.17% year-over-year to $12.6 billion; the TTM figure through Jan 2026 stood at $50.2 billion (down 9.41% YoY), while the FY2025 annual figure was $50.6 billion, down 10.6% from the prior year.
  • Interest Expenses came in at $12.6 billion for Q1 2026 at Royal Bank Of Canada, down from $12.7 billion in the prior quarter.
  • The five-year high for Interest Expenses was $14.4 billion in Q3 2024, with the low at $1.7 billion in Q1 2022.
  • Average Interest Expenses over 5 years is $10.6 billion, with a median of $12.6 billion recorded in 2026.
  • Across the five-year window, Interest Expenses soared 484.98% in 2023 and dropped 15.76% in 2025, its largest moves.
  • Year by year, Interest Expenses stood at $6.5 billion in 2022, then surged by 104.19% to $13.2 billion in 2023, then climbed by 4.09% to $13.8 billion in 2024, then decreased by 7.74% to $12.7 billion in 2025, then dropped by 0.76% to $12.6 billion in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered $12.6 billion, $12.7 billion, and $12.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 17.61 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 10.35 Bn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 20.98 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 4.45 Bn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 23.83 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn 39.40 Mn
10 Royal Bank Of Canada - - - 12.62 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 12.92 Bn
Jul 31, 2025 12.92 Bn
Apr 30, 2025 11.89 Bn
Apr 30, 2025 11.89 Bn
Jan 31, 2025 13.04 Bn
Jan 31, 2025 13.04 Bn
Oct 31, 2024 13.79 Bn
Oct 31, 2024 13.79 Bn
Jul 31, 2024 14.43 Bn
Jul 31, 2024 14.43 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