Toronto Dominion Bank (TD) Interest Expense - Deposits (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Interest Expense - Deposits came in at $6.1 billion in Q3 2026, down 12.69% on a YoY basis from $7.0 billion in Q3 2025, and up 2.75% quarter-over-quarter from $5.9 billion in Q2 2026.
Analysis
Toronto Dominion Bank (TD) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has reported Interest Expense - Deposits for 15 consecutive years, with $6.1 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Interest Expense - Deposits fell 12.69% year-over-year to $6.1 billion; the trailing twelve-month figure through Jul 2026 stood at $24.9 billion (down 18.33% YoY), and the FY2025 full-year result was $28.9 billion, down 16.19% from the prior year.
- Interest Expense - Deposits grew to $6.1 billion in Q3 2026 per TD's latest filing, from $5.9 billion in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $8.8 billion in Q3 2024 and bottomed at $4.0 billion in Q4 2022.
- Historically, Interest Expense - Deposits has averaged $7.1 billion across 5 years, with a median of $7.0 billion in 2025.
- The sharpest annual moves came in 2022 and 2025: Interest Expense - Deposits jumped 540.97% in 2022, then slipped 22.37% in 2025.
- Over 5 years, Interest Expense - Deposits stood at $4.0 billion in 2022, then soared by 109.83% to $8.3 billion in 2023, then increased by 4.21% to $8.7 billion in 2024, then retreated by 22.37% to $6.7 billion in 2025, then retreated by 9.38% to $6.1 billion in 2026.
- According to Business Quant data, Interest Expense - Deposits over the past three periods registered $6.1 billion, $5.9 billion, and $6.2 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | 7.37 Bn |
| 2 | Morgan Stanley | 335.03 Bn | 174.89 Bn | - | 2.70 Bn |
| 3 | Goldman Sachs | 309.45 Bn | -666.90 Bn | - | 5.10 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 3.48 Bn |
| 5 | Royal Bank Of Canada | 291.49 Bn | 64.61 Bn | - | 7.85 Bn |
| 6 | Wells Fargo & Company | 272.88 Bn | 68.91 Bn | - | 5.52 Bn |
| 7 | American Express | 218.59 Bn | 169.28 Bn | 17.99 Bn | 1.28 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.88 Bn | 44.55 Bn | - | 6.09 Bn |
| 10 | Schwab Charles | 185.06 Bn | 111.46 Bn | - | 114.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 6.09 Bn |
| Apr 30, 2026 | 5.92 Bn |
| Jan 31, 2026 | 6.19 Bn |
| Oct 31, 2025 | 6.72 Bn |
| Jul 31, 2025 | 6.97 Bn |
| Apr 30, 2025 | 6.97 Bn |
| Jan 31, 2025 | 7.91 Bn |
| Oct 31, 2024 | 8.65 Bn |
| Jul 31, 2024 | 8.82 Bn |
| Apr 30, 2024 | 8.47 Bn |
| Jan 31, 2024 | 8.49 Bn |
| Oct 31, 2023 | 8.30 Bn |
| Jul 31, 2023 | 7.68 Bn |
| Apr 30, 2023 | 6.68 Bn |
| Jan 31, 2023 | 5.78 Bn |
| Oct 31, 2022 | 3.96 Bn |
| Oct 31, 2021 | 617.26 Mn |
| Jul 31, 2021 | 2.41 Bn |
| Oct 31, 2017 | 1.49 Bn |
| Oct 31, 2016 | 1.02 Bn |