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