Toronto Dominion Bank (TD) Interest Expense - Debt (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Interest Expense - Debt came in at $7.5 billion in Q3 2026, down 1.2% on a YoY basis from $7.6 billion in Q3 2025, and little changed quarter-over-quarter from $7.5 billion in Q2 2026.
Analysis
Toronto Dominion Bank (TD) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has reported Interest Expense - Debt for 15 consecutive years, with $7.5 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Interest Expense - Debt fell 1.2% year-over-year to $7.5 billion; the trailing twelve-month figure through Jul 2026 stood at $7.5 billion (down 1.2% YoY), and the FY2025 full-year result was $7.7 billion, down 8.24% from the prior year.
- Interest Expense - Debt was little changed at $7.5 billion in Q3 2026 per TD's latest filing, from $7.5 billion in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $9.6 billion in Q1 2025 and bottomed at $76.0 million in Q4 2023.
- Historically, Interest Expense - Debt has averaged $6.0 billion across 5 years, with a median of $7.5 billion in 2026.
- The sharpest annual moves came in 2025 and 2026: Interest Expense - Debt soared 36.26% in 2025, then declined 20.37% in 2026.
- Over 5 years, Interest Expense - Debt stood at $79.1 million in 2022, then fell by 3.91% to $76.0 million in 2023, then increased by 19.54% to $90.8 million in 2024, then dropped by 6.32% to $85.1 million in 2025, then soared by 8772.3% to $7.5 billion in 2026.
- According to Business Quant data, Interest Expense - Debt over the past three periods registered $7.5 billion, $7.5 billion, and $7.7 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 6.61 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 3.41 Bn |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 2.62 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 1.07 Bn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 2.39 Bn |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 682.00 Mn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 7.55 Bn |
| 10 | Schwab Charles | 186.08 Bn | 112.49 Bn | - | 228.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.55 Bn |
| Apr 30, 2026 | 7.55 Bn |
| Jan 31, 2026 | 7.67 Bn |
| Oct 31, 2025 | 85.06 Mn |
| Jul 31, 2025 | 7.64 Bn |
| Apr 30, 2025 | 7.53 Bn |
| Jan 31, 2025 | 9.63 Bn |
| Oct 31, 2024 | 90.80 Mn |
| Jul 31, 2024 | 7.24 Bn |
| Apr 30, 2024 | 8.35 Bn |
| Jan 31, 2024 | 7.07 Bn |
| Oct 31, 2023 | 75.96 Mn |
| Jul 31, 2023 | 8.44 Bn |
| Apr 30, 2023 | 8.40 Bn |
| Jan 31, 2023 | 8.41 Bn |
| Oct 31, 2022 | 79.05 Mn |
| Oct 31, 2021 | 73.98 Mn |
| Jul 31, 2021 | 9.20 Bn |
| Oct 31, 2017 | 82.43 Mn |
| Oct 31, 2016 | 1.54 Bn |