Royal Bank Of Canada (RY) Change in Taxes (2009 - 2026)
Royal Bank Of Canada (RY) posted quarterly Change in Taxes of $2.0 billion for Q1 2026, up 576.61% year-over-year from $292.8 million in Q1 2025, and up 413.68% on a QoQ basis from -$631.5 million in Q4 2025.
Royal Bank Of Canada (RY) Change in Taxes (2009 - 2026) Analysis & Trends
Royal Bank Of Canada (RY) has reported Change in Taxes for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Taxes rose 576.61% year-over-year to $2.0 billion; the TTM figure through Jan 2026 stood at $1.7 billion (up 3993.22% YoY), while the FY2025 annual figure was -$668.5 million, down 196.26% from the prior year.
- Change in Taxes came in at $2.0 billion for Q1 2026 at Royal Bank Of Canada, up from -$631.5 million in the prior quarter.
- The five-year high for Change in Taxes was $2.0 billion in Q1 2026, with the low at -$2.1 billion in Q1 2022.
- Average Change in Taxes over 5 years is -$81.4 million, with a median of -$207.0 million recorded in 2022.
- Across the five-year window, Change in Taxes slumped 2588.68% in 2023 and jumped 576.61% in 2026, its largest moves.
- Year by year, Change in Taxes stood at -$207.0 million in 2022, then sank by 194.93% to -$610.6 million in 2023, then soared by 133.58% to $205.0 million in 2024, then slumped by 407.98% to -$631.5 million in 2025, then soared by 413.68% to $2.0 billion in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered $2.0 billion, -$631.5 million, and -$149.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | - |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | - |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 125.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | - |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | - |
| 10 | Royal Bank Of Canada | - | - | - | 1.98 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.98 Bn |
| Jan 31, 2026 | 1.98 Bn |
| Oct 31, 2025 | -631.49 Mn |
| Oct 31, 2025 | -631.49 Mn |
| Jul 31, 2025 | -149.92 Mn |
| Jul 31, 2025 | -149.92 Mn |
| Apr 30, 2025 | 517.21 Mn |
| Apr 30, 2025 | 517.21 Mn |
| Jan 31, 2025 | -415.61 Mn |
| Jan 31, 2025 | -415.61 Mn |
| Oct 31, 2024 | 205.04 Mn |
| Oct 31, 2024 | 205.04 Mn |
| Jul 31, 2024 | 569.64 Mn |
| Jul 31, 2024 | 569.64 Mn |
| Apr 30, 2024 | -317.13 Mn |
| Apr 30, 2024 | -317.13 Mn |
| Jan 31, 2024 | 233.01 Mn |
| Jan 31, 2024 | 233.01 Mn |
| Oct 31, 2023 | -610.64 Mn |
| Oct 31, 2023 | -610.64 Mn |