Royal Bank Of Canada (RY) Change in Taxes (2009 - 2026)
Royal Bank Of Canada (RY) posted Change in Taxes of $174.3 million for Q3 2026, down 18.18% on a QoQ basis from $213.0 million in Q2 2026, and up 216.25% year-over-year from $55.1 million in Q3 2025.
Analysis
Royal Bank Of Canada (RY) Change in Taxes (2009 - 2026) Analysis & Trends
Royal Bank Of Canada has reported Change in Taxes for 18 years, with the latest figure at $174.3 million in Q3 2026.
- On a quarterly basis, Change in Taxes rose 216.25% year-over-year to $174.3 million in Q3 2026; TTM through Jul 2026 was $1.7 billion, a 1008.17% increase from a year earlier, with the FY2025 full-year figure at -$668.5 million, down 196.26% from the prior year.
- Change in Taxes was $174.3 million for Q3 2026 at Royal Bank Of Canada, down from $213.0 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 -$51.6 million, with a median of -$149.9 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2026: Change in Taxes plunged 2588.68% in 2023, then surged 576.61% in 2026.
- Over 5 years, Change in Taxes stood at -$207.0 million in 2022, then tumbled by 187.1% to -$594.4 million in 2023, then jumped by 134.49% to $205.0 million in 2024, then plunged by 407.98% to -$631.5 million in 2025, then jumped by 127.6% to $174.3 million in 2026.
- The last three Change in Taxes figures came in at $174.3 million (Q3 2026), $213.0 million (Q2 2026), and $2.0 billion (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | - |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | - |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | - |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 174.28 Mn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | - |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | - |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | - |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 22.95 Mn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 174.28 Mn |
| Apr 30, 2026 | 213.02 Mn |
| Jan 31, 2026 | 1.98 Bn |
| Oct 31, 2025 | -631.49 Mn |
| Jul 31, 2025 | -149.92 Mn |
| Apr 30, 2025 | 517.21 Mn |
| Jan 31, 2025 | -415.61 Mn |
| Oct 31, 2024 | 205.04 Mn |
| Jul 31, 2024 | 569.64 Mn |
| Apr 30, 2024 | -317.13 Mn |
| Jan 31, 2024 | 233.01 Mn |
| Oct 31, 2023 | -594.42 Mn |
| Jul 31, 2023 | -561.15 Mn |
| Apr 30, 2023 | -232.06 Mn |
| Jan 31, 2023 | 654.65 Mn |
| Oct 31, 2022 | -207.05 Mn |
| Jul 31, 2022 | 22.55 Mn |
| Apr 30, 2022 | -293.71 Mn |
| Jan 31, 2022 | -2.15 Bn |
| Oct 31, 2021 | 690.44 Mn |