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
DateValue
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