Royal Bank Of Canada (RY) Wages, Salaries and Other (2009 - 2026)
Royal Bank Of Canada's Wages, Salaries and Other was $4.51 billion in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 5.6% from $4.27 billion a year earlier and up 2.9% from the prior quarter.
Royal Bank Of Canada (RY) Wages, Salaries and Other (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Royal Bank Of Canada's Wages, Salaries and Other was $17.6 billion through Jul 31, 2026, up 7.9% year-over-year; for FY2025 (ended Oct 31, 2025), it was $16.52 billion, up 6.6% from FY2024.
- Wages, Salaries and Other has now increased for three consecutive fiscal years, with a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- In earlier fiscal years, Wages, Salaries and Other was $15.49 billion in FY2024 (+10.8%), $13.98 billion in FY2023 (+8.8%), $12.85 billion in FY2022 (-2.3%) and $13.15 billion in FY2021 (+15.9%).
- Quarterly Wages, Salaries and Other has moved between $3 billion (fiscal Q3 2022) and $4.53 billion (fiscal Q1 2026) over five years.
- Compared with a year earlier, Wages, Salaries and Other has increased for 16 straight quarters, with growth averaging 8.6% over the last eight quarters.
- The best year-over-year quarter for Wages, Salaries and Other over five years was fiscal Q3 2023 (growth of 19.0%); the worst was fiscal Q3 2022 (a decline of 10.4%).
- Per Business Quant data, RY's Wages, Salaries and Other in the three fiscal quarters before Q3 2026 was $4.39 billion (Q2 2026), $4.53 billion (Q1 2026) and $4.17 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 14.77 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 10.97 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 8.00 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 4.51 Bn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 5.12 Bn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 8.75 Bn |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | 2.57 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 4.51 Bn |
| Apr 30, 2026 | 4.39 Bn |
| Jan 31, 2026 | 4.53 Bn |
| Oct 31, 2025 | 4.17 Bn |
| Jul 31, 2025 | 4.27 Bn |
| Apr 30, 2025 | 3.85 Bn |
| Jan 31, 2025 | 4.22 Bn |
| Oct 31, 2024 | 3.97 Bn |
| Jul 31, 2024 | 3.95 Bn |
| Apr 30, 2024 | 3.75 Bn |
| Jan 31, 2024 | 3.82 Bn |
| Oct 31, 2023 | 3.44 Bn |
| Jul 31, 2023 | 3.57 Bn |
| Apr 30, 2023 | 3.38 Bn |
| Jan 31, 2023 | 3.60 Bn |
| Oct 31, 2022 | 3.30 Bn |
| Jul 31, 2022 | 3.00 Bn |
| Apr 30, 2022 | 3.16 Bn |
| Jan 31, 2022 | 3.39 Bn |
| Oct 31, 2021 | 3.17 Bn |
Royal Bank Of Canada Wages, Salaries and Other API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=wages-salaries-and-other&ticker=RY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "ticker": "RY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=wages-salaries-and-other&ticker=RY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();