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
DateValue
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