Royal Bank Of Canada (RY) Rent Expense (2009 - 2026)

Royal Bank Of Canada (RY) posted quarterly Rent Expense of $302.6 million for Q1 2026, little changed year-over-year from $302.2 million in Q1 2025, and up 1.9% on a QoQ basis from $297.0 million in Q4 2025.

Royal Bank Of Canada (RY) Rent Expense (2009 - 2026) Analysis & Trends

Royal Bank Of Canada (RY) has reported Rent Expense for 18 consecutive years, with $302.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Rent Expense changed 0.15% year-over-year to $302.6 million; the TTM figure through Jan 2026 stood at $1.2 billion (down 9.69% YoY), while the FY2025 annual figure was $1.2 billion, down 9.6% from the prior year.
  • Rent Expense came in at $302.6 million for Q1 2026 at Royal Bank Of Canada, up from $297.0 million in the prior quarter.
  • The five-year high for Rent Expense was $376.4 million in Q4 2024, with the low at $295.7 million in Q4 2023.
  • Average Rent Expense over 5 years is $308.0 million, with a median of $301.9 million recorded in 2022.
  • Across the five-year window, Rent Expense gained 27.27% in 2024 and retreated 21.09% in 2025, its largest moves.
  • Year by year, Rent Expense stood at $301.9 million in 2022, then fell by 2.05% to $295.7 million in 2023, then increased by 27.27% to $376.4 million in 2024, then declined by 21.09% to $297.0 million in 2025, then climbed by 1.9% to $302.6 million in 2026.
  • According to Business Quant data, Rent Expense over the past three periods registered $302.6 million, $297.0 million, and $298.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (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 1.90 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 778.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 681.00 Mn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 123.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 1.45 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 7.67 Mn
10 Royal Bank Of Canada - - - 302.64 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 302.64 Mn
Jan 31, 2026 302.64 Mn
Oct 31, 2025 297.00 Mn
Oct 31, 2025 297.00 Mn
Jul 31, 2025 298.39 Mn
Jul 31, 2025 298.39 Mn
Apr 30, 2025 300.77 Mn
Apr 30, 2025 300.77 Mn
Jan 31, 2025 302.20 Mn
Jan 31, 2025 302.20 Mn
Oct 31, 2024 376.40 Mn
Oct 31, 2024 376.40 Mn
Jul 31, 2024 323.53 Mn
Jul 31, 2024 323.53 Mn
Apr 30, 2024 325.25 Mn
Apr 30, 2024 325.25 Mn
Jan 31, 2024 301.07 Mn
Jan 31, 2024 301.07 Mn
Oct 31, 2023 295.74 Mn
Oct 31, 2023 295.74 Mn