Royal Bank Of Canada RY
NYSE RY
$205.13 -1.68 (-0.81%)
As of: Sep 10, 2026 · 3:07 PM EDT

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

Historic Data

Download Data
DateValue
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