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
DateValue
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%