Royal Bank Of Canada (RY) Rent Expense (2009 - 2026)
Royal Bank Of Canada (RY) posted Rent Expense of $316.3 million for Q3 2026, down 3.01% on a QoQ basis from $326.1 million in Q2 2026, and up 6.0% year-over-year from $298.4 million in Q3 2025.
Analysis
Royal Bank Of Canada (RY) Rent Expense (2009 - 2026) Analysis & Trends
Royal Bank Of Canada has reported Rent Expense for 17 years, with the latest figure at $316.3 million in Q3 2026.
- On a quarterly basis, Rent Expense rose 6.0% year-over-year to $316.3 million in Q3 2026; TTM through Jul 2026 was $1.2 billion, a 2.8% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 9.6% from the prior year.
- Rent Expense was $316.3 million for Q3 2026 at Royal Bank Of Canada, down from $326.1 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 $309.4 million, with a median of $302.2 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Rent Expense increased 27.27% in 2024, then declined 21.09% in 2025.
- Over 5 years, Rent Expense stood at $301.9 million in 2022, then dropped by 2.05% to $295.7 million in 2023, then climbed by 27.27% to $376.4 million in 2024, then slipped by 21.09% to $297.0 million in 2025, then increased by 6.49% to $316.3 million in 2026.
- The last three Rent Expense figures came in at $316.3 million (Q3 2026), $326.1 million (Q2 2026), and $302.6 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Morgan Stanley | 330.69 Bn | 170.56 Bn | - | 482.00 Mn |
| 3 | Goldman Sachs | 304.61 Bn | -671.74 Bn | - | 244.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 289.07 Bn | 62.18 Bn | - | 316.29 Mn |
| 6 | Wells Fargo & Company | 270.03 Bn | 66.07 Bn | - | 803.00 Mn |
| 7 | American Express | 216.88 Bn | 167.56 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.14 Bn | 44.81 Bn | - | 360.03 Mn |
| 10 | Schwab Charles | 185.40 Bn | 111.81 Bn | - | 301.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 316.29 Mn |
| Apr 30, 2026 | 326.09 Mn |
| Jan 31, 2026 | 302.64 Mn |
| Oct 31, 2025 | 297.00 Mn |
| Jul 31, 2025 | 298.39 Mn |
| Apr 30, 2025 | 300.77 Mn |
| Jan 31, 2025 | 302.20 Mn |
| Oct 31, 2024 | 376.40 Mn |
| Jul 31, 2024 | 323.53 Mn |
| Apr 30, 2024 | 325.25 Mn |
| Jan 31, 2024 | 301.07 Mn |
| Oct 31, 2023 | 295.74 Mn |
| Jul 31, 2023 | 306.42 Mn |
| Apr 30, 2023 | 299.31 Mn |
| Jan 31, 2023 | 299.52 Mn |
| Oct 31, 2022 | 301.91 Mn |
| Jul 31, 2022 | 296.24 Mn |
| Apr 30, 2022 | 304.77 Mn |
| Jan 31, 2022 | 304.97 Mn |
| Oct 31, 2021 | 312.61 Mn |