Royal Bank Of Canada (RY) Deferred Taxes (2009 - 2026)
Royal Bank Of Canada (RY) posted quarterly Deferred Taxes of $149.9 million for Q1 2026, up 659.88% year-over-year from $19.7 million in Q1 2025, and up 287.31% quarter-over-quarter from -$80.0 million in Q4 2025.
Royal Bank Of Canada (RY) Deferred Taxes (2009 - 2026) Analysis & Trends
Royal Bank Of Canada's Deferred Taxes history runs 18 years deep, the most recent figure standing at $149.9 million for Q1 2026.
- In Q1 2026, Deferred Taxes rose 659.88% year-over-year to $149.9 million; the TTM figure through Jan 2026 stood at -$20.4 million (up 96.89% YoY), while the FY2025 annual figure was -$154.3 million, up 86.27% from the prior year.
- Deferred Taxes for Q1 2026 stood at $149.9 million, up from -$80.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $330.0 million in Q2 2022, with the low at -$609.9 million in Q4 2023.
- The 5-year median for Deferred Taxes is -$70.9 million (2023), against an average of -$84.0 million.
- The sharpest annual moves came in 2022 and 2026: Deferred Taxes tumbled 830.28% in 2022, then soared 659.88% in 2026.
- Royal Bank Of Canada's Deferred Taxes stood at $121.2 million in 2022, then sank by 603.16% to -$609.9 million in 2023, then jumped by 111.89% to $72.5 million in 2024, then tumbled by 210.37% to -$80.0 million in 2025, then surged by 287.31% to $149.9 million in 2026.
- Business Quant data shows RY's Deferred Taxes at $149.9 million in Q1 2026, -$80.0 million in Q4 2025, and $92.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.52 Bn | -146.98 Bn | 30.39 Bn | 511.00 Mn |
| 2 | Hsbc Holdings | 357.05 Bn | 357.05 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.23 Bn | 88.31 Bn | - | 149.88 Mn |
| 4 | Wells Fargo & Company | 255.19 Bn | 51.23 Bn | - | 865.00 Mn |
| 5 | Mitsubishi Ufj Financial | 251.87 Bn | -141.74 Bn | 10.89 Bn | - |
| 6 | Citigroup | 223.43 Bn | -2,078.88 Bn | 24.75 Bn | - |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.83 Bn | 20.34 Bn | - | -200.61 Mn |
| 9 | UBS Group AG | 167.75 Bn | -47.97 Bn | - | - |
| 10 | Bank of New York Mellon | 108.89 Bn | 47.67 Bn | - | -75.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 149.88 Mn |
| Oct 31, 2025 | -80.02 Mn |
| Jul 31, 2025 | 92.43 Mn |
| Apr 30, 2025 | -182.71 Mn |
| Jan 31, 2025 | 19.72 Mn |
| Oct 31, 2024 | 72.50 Mn |
| Jul 31, 2024 | -566.72 Mn |
| Apr 30, 2024 | -181.43 Mn |
| Jan 31, 2024 | -448.27 Mn |
| Oct 31, 2023 | -609.91 Mn |
| Jul 31, 2023 | 124.37 Mn |
| Apr 30, 2023 | -70.95 Mn |
| Jan 31, 2023 | -193.50 Mn |
| Oct 31, 2022 | 121.22 Mn |
| Jul 31, 2022 | -184.27 Mn |
| Apr 30, 2022 | 330.03 Mn |
| Jan 31, 2022 | 179.35 Mn |
| Oct 31, 2021 | -187.72 Mn |
| Jul 31, 2021 | 25.23 Mn |
| Apr 30, 2021 | 360.61 Mn |