Royal Bank Of Canada (RY) Long-Term Deferred Tax (2016 - 2018)

Royal Bank Of Canada (RY) posted quarterly Long-Term Deferred Tax of $1.1 billion for Q4 2018, down 18.3% year-over-year from $1.4 billion in Q4 2017, and down 18.3% on a QoQ basis from $1.4 billion in Q4 2017.

Royal Bank Of Canada (RY) Long-Term Deferred Tax (2016 - 2018) Analysis & Trends

Royal Bank Of Canada (RY) has reported Long-Term Deferred Tax for 3 consecutive years, with $1.1 billion the latest figure, recorded in Q4 2018.

  • In Q4 2018, Long-Term Deferred Tax fell 18.3% year-over-year to $1.1 billion; the TTM figure through Oct 2018 stood at $1.1 billion (down 18.3% YoY), while the FY2018 annual figure was $1.1 billion, down 13.42% from the prior year.
  • Long-Term Deferred Tax came in at $1.1 billion for Q4 2018 at Royal Bank Of Canada, down from $1.4 billion in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $2.2 billion in Q4 2016, with the low at $1.1 billion in Q4 2018.
  • Average Long-Term Deferred Tax over 3 years is $1.6 billion, with a median of $1.4 billion recorded in 2017.
  • Across the five-year window, Long-Term Deferred Tax plunged 35.77% in 2017 and slipped 18.3% in 2018, its largest moves.
  • Year by year, Long-Term Deferred Tax stood at $2.2 billion in 2016, then slumped by 35.77% to $1.4 billion in 2017, then fell by 18.3% to $1.1 billion in 2018.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $1.1 billion, $1.4 billion, and $2.2 billion for Q4 2018, Q4 2017, and Q4 2016 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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 -
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 - - -

Historic Data

Download Data
DateValue
Oct 31, 2018 1.13 Bn
Oct 31, 2017 1.39 Bn
Oct 31, 2016 2.16 Bn