Royal Bank Of Canada RY
NYSE RY
$205.30 -1.51 (-0.73%)
As of: Sep 10, 2026 · 2:49 PM EDT

Royal Bank Of Canada (RY) Tax Provisions (2009 - 2026)

Royal Bank Of Canada (RY) posted Tax Provisions of $1.2 billion for Q3 2026, up 6.33% on a QoQ basis from $1.2 billion in Q2 2026, and up 16.59% year-over-year from $1.1 billion in Q3 2025.

Analysis

Royal Bank Of Canada (RY) Tax Provisions (2009 - 2026) Analysis & Trends

Royal Bank Of Canada has reported Tax Provisions for 17 years, with the latest figure at $1.2 billion in Q3 2026.

  • On a quarterly basis, Tax Provisions rose 16.59% year-over-year to $1.2 billion in Q3 2026; TTM through Jul 2026 was $4.6 billion, a 30.77% increase from a year earlier, with the FY2025 full-year figure at $3.8 billion, up 41.73% from the prior year.
  • Tax Provisions was $1.2 billion for Q3 2026 at Royal Bank Of Canada, up from $1.2 billion in the prior quarter.
  • The five-year high for Tax Provisions was $1.6 billion in Q1 2023, with the low at -$24.3 million in Q4 2023.
  • Average Tax Provisions over 5 years is $842.5 million, with a median of $792.7 million recorded in 2025.
  • The sharpest annual moves came in 2023 and 2024: Tax Provisions sank 103.3% in 2023, then soared 3087.85% in 2024.
  • Over 5 years, Tax Provisions stood at $737.1 million in 2022, then tumbled by 103.3% to -$24.3 million in 2023, then jumped by 3087.85% to $727.2 million in 2024, then surged by 38.2% to $1.0 billion in 2025, then increased by 23.11% to $1.2 billion in 2026.
  • The last three Tax Provisions figures came in at $1.2 billion (Q3 2026), $1.2 billion (Q2 2026), and $1.2 billion (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn 2.49 Bn
2 Morgan Stanley 331.20 Bn 171.06 Bn - 1.70 Bn
3 Goldman Sachs 305.27 Bn -671.08 Bn - 1.94 Bn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn 1.70 Bn
5 Royal Bank Of Canada 289.34 Bn 62.45 Bn - 1.24 Bn
6 Wells Fargo & Company 270.60 Bn 66.63 Bn - 1.40 Bn
7 American Express 216.86 Bn 167.54 Bn 17.99 Bn 961.00 Mn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -
9 Toronto Dominion Bank 206.17 Bn 44.84 Bn - 883.59 Mn
10 Schwab Charles 185.58 Bn 111.99 Bn - 869.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 1.24 Bn
Apr 30, 2026 1.16 Bn
Jan 31, 2026 1.17 Bn
Oct 31, 2025 1.00 Bn
Jul 31, 2025 1.06 Bn
Apr 30, 2025 792.68 Mn
Jan 31, 2025 917.16 Mn
Oct 31, 2024 727.16 Mn
Jul 31, 2024 647.79 Mn
Apr 30, 2024 719.82 Mn
Jan 31, 2024 566.63 Mn
Oct 31, 2023 -24.34 Mn
Jul 31, 2023 551.41 Mn
Apr 30, 2023 565.37 Mn
Jan 31, 2023 1.56 Bn
Oct 31, 2022 737.08 Mn
Jul 31, 2022 761.20 Mn
Apr 30, 2022 832.98 Mn
Jan 31, 2022 1.02 Bn
Oct 31, 2021 871.80 Mn