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% quarter-over-quarter from $297.0 million in Q4 2025.
Royal Bank Of Canada (RY) Rent Expense (2009 - 2026) Analysis & Trends
Royal Bank Of Canada's Rent Expense history runs 18 years deep, the most recent figure standing at $302.6 million for 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 for Q1 2026 stood at $302.6 million, 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.
- The 5-year median for Rent Expense is $301.9 million (2022), against an average of $308.0 million.
- The sharpest annual moves came in 2024 and 2025: Rent Expense climbed 27.27% in 2024, then slipped 21.09% in 2025.
- Royal Bank Of Canada's Rent Expense stood at $301.9 million in 2022, then decreased by 2.05% to $295.7 million in 2023, then gained by 27.27% to $376.4 million in 2024, then retreated by 21.09% to $297.0 million in 2025, then increased by 1.9% to $302.6 million in 2026.
- Business Quant data shows RY's Rent Expense at $302.6 million in Q1 2026, $297.0 million in Q4 2025, and $298.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 302.64 Mn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 803.00 Mn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 618.00 Mn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 385.91 Mn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 143.00 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 |