Toronto Dominion Bank (TD) Tax Rate (2011 - 2018)

Toronto Dominion Bank (TD) reported Tax Rate of 25.13% for Q2 2018, down 1292.0% on a YoY basis from 2.11% in Q2 2017, and down 7.54% quarter-over-quarter from 27.18% in Q1 2018.

Toronto Dominion Bank (TD) Tax Rate (2011 - 2018) Analysis & Trends

Toronto Dominion Bank has reported Tax Rate for 8 years, with the latest figure at 25.13% in Q2 2018.

  • For the quarter ending Q2 2018, Tax Rate fell 1292.0% year-over-year to 25.13%; the trailing twelve-month figure through Jun 2018 stood at 24.82% (down 46.0% YoY), and the FY2021 full-year result was 24.49%, down 52.0% from the prior year.
  • Tax Rate for Q2 2018 stood at 25.13%, down from 27.18% in the prior quarter.
  • The five-year high for Tax Rate was 17485822.31% in Q4 2014, with the low at 2.08% in Q4 2017.
  • Historically, Tax Rate has averaged 971459.2% across 5 years, with a median of 27.66% in 2016.
  • Annual changes were most pronounced in 2014 — Tax Rate jumped 1748580947 bps — and 2015, when it sank 1748580996 bps.
  • Toronto Dominion Bank's Tax Rate stood at 17485822.31% in 2014, then slumped by 100 bps to 35.97% in 2015, then gained by 1 bps to 36.28% in 2016, then slumped by 94 bps to 2.08% in 2017, then surged by 1109 bps to 25.13% in 2018.
  • The last three Tax Rate figures came in at 25.13% (Q2 2018), 27.18% (Q1 2018), and 2.08% (Q4 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 23.02%
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -21.14%
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 21.90%
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 25.14%
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 17.49%
7 Barclays 379.37 Bn -269.24 Bn - -22.67%
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 26.08%
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 11.55%
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 33.80%

Historic Data

Download Data
DateValue
Jun 30, 2018 25.13%
Jun 30, 2018 25.13%
Mar 31, 2018 27.18%
Mar 31, 2018 27.18%
Dec 31, 2017 2.08%
Dec 31, 2017 2.08%
Jun 30, 2017 38.05%
Jun 30, 2017 38.05%
Mar 31, 2017 37.80%
Mar 31, 2017 37.80%
Dec 31, 2016 36.28%
Dec 31, 2016 36.28%
Oct 31, 2016 19.42%
Oct 31, 2016 19.42%
Jun 30, 2016 28.14%
Jun 30, 2016 28.14%
Mar 31, 2016 37.89%
Mar 31, 2016 37.89%
Dec 31, 2015 35.97%
Dec 31, 2015 35.97%