Toronto Dominion Bank (TD) Research & Development (2009 - 2015)
Toronto Dominion Bank (TD) reported Research & Development of $56.0 million for Q2 2015, down 8.9% on a YoY basis from $61.5 million in Q2 2014, and down 1.27% quarter-over-quarter from $56.8 million in Q1 2015.
Toronto Dominion Bank (TD) Research & Development (2009 - 2015) Analysis & Trends
Toronto Dominion Bank has reported Research & Development for 7 years, with the latest figure at $56.0 million in Q2 2015.
- For the quarter ending Q2 2015, Research & Development fell 8.9% year-over-year to $56.0 million; the trailing twelve-month figure through Apr 2015 stood at $240.4 million (down 7.72% YoY), and the FY2014 full-year result was $259.8 million, down 5.78% from the prior year.
- Research & Development for Q2 2015 stood at $56.0 million, down from $56.8 million in the prior quarter.
- The five-year high for Research & Development was $73.0 million in Q4 2011, with the low at $56.0 million in Q2 2015.
- Historically, Research & Development has averaged $66.1 million across 5 years, with a median of $66.8 million in 2011.
- Annual changes were most pronounced in 2011 — Research & Development increased 17.61% — and 2015, when it fell 12.18%.
- Toronto Dominion Bank's Research & Development stood at $73.0 million in 2011, then declined by 1.47% to $72.0 million in 2012, then retreated by 6.2% to $67.5 million in 2013, then dropped by 2.07% to $66.1 million in 2014, then dropped by 15.21% to $56.0 million in 2015.
- The last three Research & Development figures came in at $56.0 million (Q2 2015), $56.8 million (Q1 2015), and $66.1 million (Q4 2014), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 75.14 Mn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 255.80 Mn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 58.37 Mn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 2.02 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | - |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 Bn | 2.43 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2015 | 56.04 Mn |
| Jan 31, 2015 | 56.75 Mn |
| Oct 31, 2014 | 66.09 Mn |
| Apr 30, 2014 | 61.51 Mn |
| Jan 31, 2014 | 64.63 Mn |
| Oct 31, 2013 | 67.49 Mn |
| Apr 30, 2013 | 66.89 Mn |
| Jan 31, 2013 | 70.50 Mn |
| Oct 31, 2012 | 71.95 Mn |
| Apr 30, 2012 | 69.38 Mn |
| Jan 31, 2012 | 70.58 Mn |
| Oct 31, 2011 | 73.02 Mn |
| Apr 30, 2011 | 66.68 Mn |
| Jan 31, 2011 | 63.69 Mn |
| Oct 31, 2010 | 62.09 Mn |
| Jul 31, 2010 | 63.41 Mn |
| Apr 30, 2010 | 58.45 Mn |
| Jan 31, 2010 | 57.97 Mn |
| Oct 31, 2009 | 54.02 Mn |
| Jul 31, 2009 | 52.96 Mn |