Toronto Dominion Bank (TD) Research & Development (2009 - 2017)
Toronto Dominion Bank's (TD) quarterly Research & Development came in at $162.5 million in Q4 2017, up 7.49% on a YoY basis from $151.1 million in Q4 2016, and up 7.49% quarter-over-quarter from $151.1 million in Q4 2016.
Analysis
Toronto Dominion Bank (TD) Research & Development (2009 - 2017) Analysis & Trends
Toronto Dominion Bank (TD) has reported Research & Development for 9 consecutive years, with $162.5 million the latest figure, recorded in Q4 2017.
- For the quarter ending Q4 2017, Research & Development rose 7.49% year-over-year to $162.5 million; the trailing twelve-month figure through Oct 2017 stood at $530.1 million (up 21.82% YoY), and the FY2010 full-year result was $241.9 million, up 8.67% from the prior year.
- Research & Development advanced to $162.5 million in Q4 2017 per TD's latest filing, from $151.1 million in the prior quarter.
- Across five years, Research & Development topped out at $162.5 million in Q4 2017 and bottomed at $66.1 million in Q4 2014.
- Historically, Research & Development has averaged $119.5 million across 5 years, with a median of $150.5 million in 2015.
- The sharpest annual moves came in 2013 and 2015: Research & Development decreased 6.2% in 2013, then soared 127.65% in 2015.
- Over 5 years, Research & Development stood at $67.5 million in 2013, then fell by 2.07% to $66.1 million in 2014, then surged by 127.65% to $150.5 million in 2015, then rose by 0.46% to $151.1 million in 2016, then rose by 7.49% to $162.5 million in 2017.
- According to Business Quant data, Research & Development over the past three periods registered $162.5 million, $151.1 million, and $150.5 million for Q4 2017, Q4 2016, and Q4 2015 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Morgan Stanley | 335.03 Bn | 174.89 Bn | - | 1.20 Bn |
| 3 | Goldman Sachs | 309.45 Bn | -666.90 Bn | - | 635.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 291.49 Bn | 64.61 Bn | - | 284.73 Mn |
| 6 | Wells Fargo & Company | 272.88 Bn | 68.91 Bn | - | - |
| 7 | American Express | 218.59 Bn | 169.28 Bn | 17.99 Bn | 1.76 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.88 Bn | 44.55 Bn | - | - |
| 10 | Schwab Charles | 185.06 Bn | 111.46 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2017 | 162.46 Mn |
| Oct 31, 2016 | 151.14 Mn |
| Oct 31, 2015 | 150.45 Mn |
| Oct 31, 2014 | 66.09 Mn |
| Oct 31, 2013 | 67.49 Mn |
| Oct 31, 2012 | 71.95 Mn |
| Jul 31, 2011 | 71.39 Mn |
| Dec 31, 2010 | 247.70 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 |
| Apr 30, 2009 | 49.87 Mn |
| Jan 31, 2009 | 48.19 Mn |