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

Royal Bank Of Canada (RY) recorded quarterly Interest Expenses of $12.6 billion in Q1 2026, down 0.76% quarter-over-quarter from $12.7 billion in Q4 2025, and down 3.17% on a YoY basis from $13.0 billion in Q1 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 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 was $12.6 billion for Q1 2026 at Royal Bank Of Canada, down from $12.7 billion in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $14.4 billion in Q3 2024 to a low of $1.7 billion in Q1 2022.
  • Historically, Interest Expenses has averaged $10.6 billion across 5 years, with a median of $12.6 billion in 2026.
  • The sharpest annual moves came in 2023 and 2025: Interest Expenses soared 484.98% in 2023, then retreated 15.76% in 2025.
  • A 5-year view of Interest Expenses shows it stood at $6.5 billion in 2022, then surged by 104.19% to $13.2 billion in 2023, then rose by 4.09% to $13.8 billion in 2024, then declined by 7.74% to $12.7 billion in 2025, then retreated by 0.76% to $12.6 billion in 2026.
  • The last three Interest Expenses figures came in at $12.6 billion (Q1 2026), $12.7 billion (Q4 2025), and $12.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 5.18 Bn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 12.62 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 8.11 Bn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 6.86 Bn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 17.61 Bn
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 10.35 Bn
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 20.98 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