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
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