Toronto Dominion Bank (TD) Deferred Taxes (2009 - 2026)
Toronto Dominion Bank (TD) reported Deferred Taxes of -$200.6 million for Q2 2026, up 37.53% on a YoY basis from -$145.9 million in Q2 2025, and down 165.35% quarter-over-quarter from $307.0 million in Q1 2026.
Toronto Dominion Bank (TD) Deferred Taxes (2009 - 2026) Analysis & Trends
Toronto Dominion Bank has reported Deferred Taxes for 16 years, with the latest figure at -$200.6 million in Q2 2026.
- For the quarter ending Q2 2026, Deferred Taxes rose 37.53% year-over-year to -$200.6 million; the trailing twelve-month figure through Apr 2026 stood at -$67.5 million (up 88.01% YoY), and the FY2025 full-year result was -$550.8 million, up 29.11% from the prior year.
- Deferred Taxes for Q2 2026 stood at -$200.6 million, down from $307.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $353.1 million in Q4 2022, with the low at -$538.4 million in Q2 2024.
- Historically, Deferred Taxes has averaged -$97.2 million across 5 years, with a median of -$96.5 million in 2024.
- Annual changes were most pronounced in 2023 — Deferred Taxes tumbled 298.33% — and 2026, when it jumped 722.52%.
- Toronto Dominion Bank's Deferred Taxes 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 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | -142.98 Mn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | - |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | -200.61 Mn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 11.53 Mn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 101.00 Mn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 843.00 Mn |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 Bn | 225.00 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 |
| Jul 31, 2022 | -318.79 Mn |
| Apr 30, 2022 | 239.24 Mn |
| Jan 31, 2022 | 110.61 Mn |
| Oct 31, 2021 | 78.75 Mn |
| Jul 31, 2021 | -168.49 Mn |