Toronto Dominion Bank (TD) Deferred Taxes (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Deferred Taxes came in at -$200.6 million in Q2 2026, up 37.53% YoY from -$145.9 million in Q2 2025, and down 165.35% on a QoQ basis from $307.0 million in Q1 2026.
Toronto Dominion Bank (TD) Deferred Taxes (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has 14 years of Deferred Taxes data on file, last reported at -$200.6 million in Q2 2026.
- Quarterly Deferred Taxes rose 37.53% year-over-year to -$200.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$67.5 million (up 88.01% YoY) and the FY2025 annual result came in at -$550.8 million, up 29.11% from the prior year.
- Deferred Taxes fell to -$200.6 million in Q2 2026, from $307.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $353.1 million in Q4 2022 to a low of -$538.4 million in Q2 2024.
- A 5-year average of -$118.7 million and a median of -$127.8 million in 2024 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2023 — Deferred Taxes plunged 152.21% — and 2026, when it jumped 722.52%.
- Tracing TD's Deferred Taxes over 5 years: stood at $353.1 million in 2022, then plunged by 152.21% to -$184.4 million in 2023, then surged by 64.65% to -$65.2 million in 2024, then surged by 324.54% to $146.3 million in 2025, then plunged by 237.09% to -$200.6 million in 2026.
- The last three Deferred Taxes figures came in at -$200.6 million (Q2 2026), $307.0 million (Q1 2026), and $146.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 440.12 Bn | -148.37 Bn | 30.39 Bn | 511.00 Mn |
| 2 | Hsbc Holdings | 355.59 Bn | 355.59 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.39 Bn | 88.46 Bn | - | 149.88 Mn |
| 4 | Wells Fargo & Company | 254.36 Bn | 50.39 Bn | - | 865.00 Mn |
| 5 | Mitsubishi Ufj Financial | 251.30 Bn | -142.31 Bn | 10.89 Bn | - |
| 6 | Citigroup | 222.20 Bn | -2,080.11 Bn | 24.75 Bn | - |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.65 Bn | 20.16 Bn | - | -200.61 Mn |
| 9 | UBS Group AG | 166.94 Bn | -48.77 Bn | - | - |
| 10 | Bank of New York Mellon | 108.73 Bn | 47.50 Bn | - | -75.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -200.61 Mn |
| Jan 31, 2026 | 306.96 Mn |
| Oct 31, 2025 | 146.34 Mn |
| Jul 31, 2025 | -320.23 Mn |
| Apr 30, 2025 | -321.15 Mn |
| Jan 31, 2025 | -49.31 Mn |
| Oct 31, 2024 | -65.17 Mn |
| Jul 31, 2024 | -127.80 Mn |
| Apr 30, 2024 | -538.39 Mn |
| Jan 31, 2024 | -49.56 Mn |
| Oct 31, 2023 | -184.37 Mn |
| Jul 31, 2023 | -213.52 Mn |
| Apr 30, 2023 | -474.47 Mn |
| Jan 31, 2023 | -43.00 Mn |
| Oct 31, 2022 | 353.11 Mn |
| Oct 31, 2021 | 78.75 Mn |
| Jul 31, 2021 | -168.49 Mn |
| Oct 31, 2020 | -329.00 Mn |
| Oct 31, 2016 | 63.36 Mn |
| Oct 31, 2015 | -69.91 Mn |