Royal Bank Of Canada (RY) Rent Expense (2009 - 2026)
Royal Bank Of Canada (RY) recorded quarterly Rent Expense of $302.6 million in Q1 2026, up 1.9% quarter-over-quarter from $297.0 million in Q4 2025, and little changed on a YoY basis from $302.2 million in Q1 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 was $302.6 million for Q1 2026 at Royal Bank Of Canada, up from $297.0 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $376.4 million in Q4 2024 to a low of $295.7 million in Q4 2023.
- Historically, Rent Expense has averaged $308.0 million across 5 years, with a median of $301.9 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Rent Expense grew 27.27% in 2024, then dropped 21.09% in 2025.
- A 5-year view of Rent Expense shows it stood at $301.9 million in 2022, then slipped by 2.05% to $295.7 million in 2023, then advanced by 27.27% to $376.4 million in 2024, then decreased by 21.09% to $297.0 million in 2025, then rose by 1.9% to $302.6 million in 2026.
- The last three Rent Expense figures came in at $302.6 million (Q1 2026), $297.0 million (Q4 2025), and $298.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | - |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 302.64 Mn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | - |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 1.90 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 778.00 Mn |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 Bn | 681.00 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 |