Toronto Dominion Bank (TD) Tax Rate (2012 - 2015)
Toronto Dominion Bank (TD) posted Tax Rate of 38.27% for Q2 2015, up 714.77% quarter-over-quarter from 4.7% in Q4 2014, and down 49.0% year-on-year from 75.03% in Q2 2014.
Toronto Dominion Bank (TD) Tax Rate (2012 - 2015) Analysis & Trends
Toronto Dominion Bank (TD) has reported Tax Rate for 4 consecutive years, with 38.27% the latest figure, recorded in Q2 2015.
- Tax Rate for Q2 2015 came in at 38.27%, down 49.0% year-over-year; the trailing twelve-month figure through Jun 2015 was 7.41% (down 12.0% YoY), and the FY2021 annual result was 24.49%, down 52.0% from the prior year.
- Tax Rate was 38.27% for Q2 2015 at Toronto Dominion Bank, up from 4.7% in the prior quarter.
- Over five years, Tax Rate peaked at 38.76% in Q2 2014 and troughed at 3.29% in Q4 2013.
- Average Tax Rate over 4 years is 23.48%, with a median of 37.6% recorded in 2012.
- Year-over-year, Tax Rate surged 141 bps in 2014 and sank 49 bps in 2015.
- Over 4 years, Tax Rate stood at 3.43% in 2012, then declined by 4 bps to 3.29% in 2013, then jumped by 43 bps to 4.7% in 2014, then surged by 715 bps to 38.27% in 2015.
- Per Business Quant data, the three most recent Tax Rate figures were 38.27% in Q2 2015, 4.7% in Q4 2014, and 38.76% in Q2 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | -21.14% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 17.49% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 11.55% |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 33.80% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 19.15% |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 19.46% |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | 41.80% |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | -2.11% |
| 10 | Toronto Dominion Bank | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2015 | 38.27% |
| Jun 30, 2015 | 38.27% |
| Oct 31, 2014 | 4.70% |
| Oct 31, 2014 | 4.70% |
| Jun 30, 2014 | 38.76% |
| Jun 30, 2014 | 38.76% |
| Oct 31, 2013 | 3.29% |
| Oct 31, 2013 | 3.29% |
| Jun 30, 2013 | 38.36% |
| Jun 30, 2013 | 38.36% |
| Oct 31, 2012 | 3.43% |
| Oct 31, 2012 | 3.43% |
| Jun 30, 2012 | 37.60% |
| Jun 30, 2012 | 37.60% |