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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |