Toronto Dominion Bank TD
NYSE TD
$120.14 +1.00 (+0.84%)
As of: Sep 10, 2026 · 3:59 PM EDT

Toronto Dominion Bank (TD) Deferred Taxes (2009 - 2026)

Toronto Dominion Bank's (TD) quarterly Deferred Taxes came in at -$324.9 million in Q3 2026, down 1.46% on a YoY basis from -$329.7 million in Q3 2025, and down 61.95% quarter-over-quarter from -$200.6 million in Q2 2026.

Analysis

Toronto Dominion Bank (TD) Deferred Taxes (2009 - 2026) Analysis & Trends

Toronto Dominion Bank (TD) has reported Deferred Taxes for 15 consecutive years, with -$324.9 million the latest figure, recorded in Q3 2026.

  • For the quarter ending Q3 2026, Deferred Taxes fell 1.46% year-over-year to -$324.9 million; the trailing twelve-month figure through Jul 2026 stood at -$72.2 million (up 90.45% YoY), and the FY2025 full-year result was -$550.8 million, up 29.37% from the prior year.
  • Deferred Taxes retreated to -$324.9 million in Q3 2026 per TD's latest filing, from -$200.6 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $353.1 million in Q4 2022 and bottomed at -$538.4 million in Q2 2024.
  • Historically, Deferred Taxes has averaged -$131.6 million across 5 years, with a median of -$156.1 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Deferred Taxes sank 152.21% in 2023, then surged 722.52% in 2026.
  • Over 5 years, Deferred Taxes stood at $353.1 million in 2022, then slumped by 152.21% to -$184.4 million in 2023, then jumped by 64.65% to -$65.2 million in 2024, then jumped by 324.54% to $146.3 million in 2025, then tumbled by 322.01% to -$324.9 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered -$324.9 million, -$200.6 million, and $307.0 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn 511.00 Mn
2 Morgan Stanley 330.57 Bn 170.43 Bn - -
3 Goldman Sachs 305.73 Bn -670.62 Bn - -441.00 Mn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn -
5 Royal Bank Of Canada 290.20 Bn 63.31 Bn - 22.95 Mn
6 Wells Fargo & Company 272.00 Bn 68.03 Bn - 865.00 Mn
7 American Express 217.39 Bn 168.07 Bn 17.99 Bn -74.00 Mn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -
9 Toronto Dominion Bank 207.43 Bn 46.10 Bn - -324.89 Mn
10 Schwab Charles 186.08 Bn 112.49 Bn - -10.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 -324.89 Mn
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, 2017 -15.21 Mn
Oct 31, 2016 63.36 Mn