Royal Bank Of Canada (RY) Operating Expenses (2009 - 2026)
Royal Bank Of Canada (RY) posted quarterly Operating Expenses of $6.8 billion for Q1 2026, up 4.58% year-over-year from $6.5 billion in Q1 2025, and up 0.91% on a QoQ basis from $6.8 billion in Q4 2025.
Royal Bank Of Canada (RY) Operating Expenses (2009 - 2026) Analysis & Trends
Royal Bank Of Canada (RY) has reported Operating Expenses for 18 consecutive years, with $6.8 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 4.58% year-over-year to $6.8 billion; the TTM figure through Jan 2026 stood at $26.4 billion (up 3.52% YoY), while the FY2025 annual figure was $26.1 billion, up 3.83% from the prior year.
- Operating Expenses came in at $6.8 billion for Q1 2026 at Royal Bank Of Canada, up from $6.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $6.8 billion in Q1 2026, with the low at $5.0 billion in Q3 2022.
- Average Operating Expenses over 5 years is $6.0 billion, with a median of $6.1 billion recorded in 2024.
- Across the five-year window, Operating Expenses retreated 4.98% in 2022 and advanced 17.16% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $5.4 billion in 2022, then gained by 9.5% to $5.9 billion in 2023, then gained by 11.12% to $6.6 billion in 2024, then climbed by 2.32% to $6.8 billion in 2025, then climbed by 0.91% to $6.8 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $6.8 billion, $6.8 billion, and $6.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 609.00 Mn |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 18.53 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 14.33 Bn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 13.84 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 3.40 Bn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 26.85 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | -19.18 Bn |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 90.51 Mn |
| 10 | Royal Bank Of Canada | - | - | - | 6.82 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 6.82 Bn |
| Oct 31, 2025 | 6.76 Bn |
| Jul 31, 2025 | 6.72 Bn |
| Apr 30, 2025 | 6.13 Bn |
| Jan 31, 2025 | 6.52 Bn |
| Oct 31, 2024 | 6.60 Bn |
| Jul 31, 2024 | 6.28 Bn |
| Apr 30, 2024 | 6.13 Bn |
| Jan 31, 2024 | 6.16 Bn |
| Oct 31, 2023 | 5.94 Bn |
| Jul 31, 2023 | 5.82 Bn |
| Apr 30, 2023 | 5.47 Bn |
| Jan 31, 2023 | 5.63 Bn |
| Oct 31, 2022 | 5.43 Bn |
| Jul 31, 2022 | 4.97 Bn |
| Apr 30, 2022 | 5.08 Bn |
| Jan 31, 2022 | 5.20 Bn |
| Oct 31, 2021 | 5.24 Bn |
| Jul 31, 2021 | 5.23 Bn |
| Apr 30, 2021 | 5.07 Bn |