Royal Bank Of Canada RY
NYSE RY
$205.35 +0.14 (+0.07%)
As of: Aug 21, 2026 · 3:47 PM EDT

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
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