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% on a QoQ basis from -$80.0 million in Q4 2025.

Royal Bank Of Canada (RY) Deferred Taxes (2009 - 2026) Analysis & Trends

Royal Bank Of Canada (RY) has reported Deferred Taxes for 18 consecutive years, with $149.9 million the latest figure, recorded in 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 came in at $149.9 million for Q1 2026 at Royal Bank Of Canada, 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.
  • Average Deferred Taxes over 5 years is -$84.0 million, with a median of -$70.9 million recorded in 2023.
  • Across the five-year window, Deferred Taxes sank 830.28% in 2022 and jumped 659.88% in 2026, its largest moves.
  • Year by year, Deferred Taxes stood at $121.2 million in 2022, then tumbled by 603.16% to -$609.9 million in 2023, then surged by 111.89% to $72.5 million in 2024, then sank by 210.37% to -$80.0 million in 2025, then soared by 287.31% to $149.9 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered $149.9 million, -$80.0 million, and $92.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred 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 101.00 Mn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 843.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 225.00 Mn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - -6.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 123.00 Mn
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 - - - 149.88 Mn

Historic Data

Download Data
DateValue
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