Royal Bank Of Canada (RY) Change in Taxes (2009 - 2026)
Royal Bank Of Canada (RY) recorded quarterly Change in Taxes of $2.0 billion in Q1 2026, up 413.68% quarter-over-quarter from -$631.5 million in Q4 2025, and up 576.61% on a YoY basis from $292.8 million in Q1 2025.
Royal Bank Of Canada (RY) Change in Taxes (2009 - 2026) Analysis & Trends
Royal Bank Of Canada's Change in Taxes history runs 18 years deep, the most recent figure standing at $2.0 billion for 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 was $2.0 billion for Q1 2026 at Royal Bank Of Canada, up from -$631.5 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $2.0 billion in Q1 2026 to a low of -$2.1 billion in Q1 2022.
- Historically, Change in Taxes has averaged -$81.4 million across 5 years, with a median of -$207.0 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Change in Taxes sank 2588.68% in 2023, then jumped 576.61% in 2026.
- A 5-year view of Change in Taxes shows it stood at -$207.0 million in 2022, then plunged by 194.93% to -$610.6 million in 2023, then soared by 133.58% to $205.0 million in 2024, then sank by 407.98% to -$631.5 million in 2025, then soared by 413.68% to $2.0 billion in 2026.
- The last three Change in Taxes figures came in at $2.0 billion (Q1 2026), -$631.5 million (Q4 2025), and -$149.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 124.75 Mn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 1.98 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | -21.89 Mn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | -157.08 Mn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 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 | - | - |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 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 |