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
DateValue
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