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 1421.24% quarter-over-quarter from -$149.9 million in Q3 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 $1.9 billion (up 2664.29% YoY), while the FY2021 annual figure was $1.4 billion, up 10222.66% from the prior year.
- Change in Taxes for Q1 2026 stood at $2.0 billion, up from -$149.9 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.
- The 5-year median for Change in Taxes is -$149.9 million (2025), against an average of -$10.7 million.
- The sharpest annual moves came in 2023 and 2026: Change in Taxes plunged 2588.68% in 2023, then soared 576.61% in 2026.
- Royal Bank Of Canada's Change in Taxes stood at $22.5 million in 2022, then slumped by 2588.68% to -$561.2 million in 2023, then jumped by 201.51% to $569.6 million in 2024, then plunged by 126.32% to -$149.9 million in 2025, then soared by 1421.24% to $2.0 billion in 2026.
- Business Quant data shows RY's Change in Taxes at $2.0 billion in Q1 2026, -$149.9 million in Q3 2025, and $517.2 million in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | - |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | - |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 1.98 Bn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | - |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | - |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Bank of New York Mellon | 108.83 Bn | 47.61 Bn | - | 141.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.98 Bn |
| Jan 31, 2026 | 1.98 Bn |
| 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 |
| 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 |
| Jul 31, 2023 | -561.15 Mn |
| Jul 31, 2023 | -561.15 Mn |
| Apr 30, 2023 | -232.06 Mn |
| Apr 30, 2023 | -232.06 Mn |
| Jan 31, 2023 | 654.65 Mn |
| Jan 31, 2023 | 654.65 Mn |