Royal Bank Of Canada (RY) Interest Paid (2009 - 2026)
Royal Bank Of Canada's Interest Paid came in at $12.5 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 4.0% from $13.02 billion a year earlier but up 11.4% from the prior quarter.
Royal Bank Of Canada (RY) Interest Paid (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Royal Bank Of Canada reported Interest Paid of $48.75 billion, down 4.6% year-over-year; for FY2025 (ended Oct 31, 2025), it was $50.7 billion, down 6.3% from FY2024.
- Interest Paid carries a five-year compound annual growth rate of 39.2% (FY2020 to FY2025).
- Going back by fiscal year, Interest Paid was $54.12 billion in FY2024 (+33.4%), $40.57 billion in FY2023 (+281.5%), $10.63 billion in FY2022 (+77.0%) and $6.01 billion in FY2021 (-38.1%).
- The five-year range for quarterly Interest Paid is $1.14 billion (fiscal Q4 2021) to $14.88 billion (fiscal Q3 2024).
- Year-over-year, Interest Paid has declined for seven consecutive quarters, with an average decline of 3.5% over the last eight quarters.
- The fastest year-over-year change in Interest Paid over five years came in fiscal Q2 2023 (growth of 528.7%), and the weakest in fiscal Q4 2021 (a decline of 31.0%).
- Business Quant data shows RY's Interest Paid at $11.21 billion (Q2 2026), $12.61 billion (Q1 2026) and $12.43 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 903.97 Bn | 903.97 Bn | - | - |
| 2 | Bank Of America | 356.92 Bn | -2,019.15 Bn | - | - |
| 3 | Hsbc Holdings | 296.96 Bn | -1,806.64 Bn | - | - |
| 4 | Morgan Stanley | 285.10 Bn | 285.10 Bn | - | - |
| 5 | Royal Bank Of Canada | 284.66 Bn | -545.38 Bn | - | 12.50 Bn |
| 6 | Goldman Sachs | 266.61 Bn | 266.61 Bn | - | - |
| 7 | Wells Fargo & Company | 250.94 Bn | 250.94 Bn | - | 11.29 Bn |
| 8 | Mitsubishi Ufj Financial | 245.01 Bn | -96.38 Bn | 10.89 Bn | - |
| 9 | Toronto Dominion Bank | 214.22 Bn | -461.66 Bn | - | 8.10 Bn |
| 10 | American Express | 214.16 Bn | 13.64 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 12.50 Bn |
| Apr 30, 2026 | 11.21 Bn |
| Jan 31, 2026 | 12.61 Bn |
| Oct 31, 2025 | 12.43 Bn |
| Jul 31, 2025 | 13.02 Bn |
| Apr 30, 2025 | 11.50 Bn |
| Jan 31, 2025 | 13.72 Bn |
| Oct 31, 2024 | 12.86 Bn |
| Jul 31, 2024 | 14.88 Bn |
| Apr 30, 2024 | 12.38 Bn |
| Jan 31, 2024 | 14.00 Bn |
| Oct 31, 2023 | 11.55 Bn |
| Jul 31, 2023 | 12.00 Bn |
| Apr 30, 2023 | 8.72 Bn |
| Jan 31, 2023 | 8.32 Bn |
| Oct 31, 2022 | 4.85 Bn |
| Jul 31, 2022 | 2.88 Bn |
| Apr 30, 2022 | 1.39 Bn |
| Jan 31, 2022 | 1.40 Bn |
| Oct 31, 2021 | 1.14 Bn |
Royal Bank Of Canada Interest Paid API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-paid&ticker=RY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-paid", "ticker": "RY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-paid&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();