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| Date | Value |
|---|---|
| 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 |