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% quarter-over-quarter from $6.8 billion in Q4 2025.
Royal Bank Of Canada (RY) Operating Expenses (2009 - 2026) Analysis & Trends
Royal Bank Of Canada's Operating Expenses history runs 18 years deep, the most recent figure standing at $6.8 billion for 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 for Q1 2026 stood at $6.8 billion, 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.
- The 5-year median for Operating Expenses is $6.1 billion (2024), against an average of $6.0 billion.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slipped 4.98% in 2022, then grew 17.16% in 2023.
- Royal Bank Of Canada's Operating Expenses stood at $5.4 billion in 2022, then climbed by 9.5% to $5.9 billion in 2023, then climbed by 11.12% to $6.6 billion in 2024, then increased by 2.32% to $6.8 billion in 2025, then increased by 0.91% to $6.8 billion in 2026.
- Business Quant data shows RY's Operating Expenses at $6.8 billion in Q1 2026, $6.8 billion in Q4 2025, and $6.7 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | 16.82 Bn |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 6.82 Bn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 13.66 Bn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 17.50 Bn |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 14.22 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | -7.44 Bn |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 6.11 Bn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 3.44 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 |