Royal Bank Of Canada (RY) Deferred Taxes (2009 - 2026)
Royal Bank Of Canada (RY) posted Deferred Taxes of $23.0 million for Q3 2026, up 114.91% on a QoQ basis from -$153.9 million in Q2 2026, and down 75.17% year-over-year from $92.4 million in Q3 2025.
Analysis
Royal Bank Of Canada (RY) Deferred Taxes (2009 - 2026) Analysis & Trends
Royal Bank Of Canada has reported Deferred Taxes for 17 years, with the latest figure at $23.0 million in Q3 2026.
- On a quarterly basis, Deferred Taxes fell 75.17% year-over-year to $23.0 million in Q3 2026; TTM through Jul 2026 was -$61.1 million, a 3250.53% decrease from a year earlier, with the FY2025 full-year figure at -$154.3 million, up 86.27% from the prior year.
- Deferred Taxes was $23.0 million for Q3 2026 at Royal Bank Of Canada, up from -$153.9 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 -$82.1 million, with a median of -$70.9 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Deferred Taxes tumbled 830.28% in 2022, then surged 659.88% in 2026.
- Over 5 years, Deferred Taxes stood at $121.2 million in 2022, then sank by 603.16% to -$609.9 million in 2023, then soared by 111.89% to $72.5 million in 2024, then tumbled by 210.37% to -$80.0 million in 2025, then jumped by 128.68% to $23.0 million in 2026.
- The last three Deferred Taxes figures came in at $23.0 million (Q3 2026), -$153.9 million (Q2 2026), and $149.9 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 511.00 Mn |
| 2 | Morgan Stanley | 331.95 Bn | 171.81 Bn | - | - |
| 3 | Goldman Sachs | 308.77 Bn | -667.58 Bn | - | -441.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 289.79 Bn | 62.90 Bn | - | 22.95 Mn |
| 6 | Wells Fargo & Company | 274.07 Bn | 70.10 Bn | - | 865.00 Mn |
| 7 | American Express | 219.63 Bn | 170.32 Bn | 17.99 Bn | -74.00 Mn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 207.69 Bn | 46.36 Bn | - | -324.89 Mn |
| 10 | Schwab Charles | 185.63 Bn | 112.04 Bn | - | -10.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 22.95 Mn |
| Apr 30, 2026 | -153.93 Mn |
| 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 |