Toronto Dominion Bank (TD) Interest Expense - Deposits (2009 - 2026)
Toronto Dominion Bank (TD) recorded Interest Expense - Deposits of $6.09 billion in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 12.7% from $6.97 billion a year earlier but up 2.7% from the prior quarter.
Toronto Dominion Bank (TD) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
On a TTM basis, Toronto Dominion Bank's Interest Expense - Deposits came in at $24.91 billion as of Jul 31, 2026, down 18.3% year-over-year; for FY2025 (ended Oct 31, 2025), it was $28.6 billion, down 17.0% from FY2024.
- Annual Interest Expense - Deposits has a four-year compound annual growth rate of 76.1% (FY2021 to FY2025).
- Across earlier fiscal years, Interest Expense - Deposits came in at $34.44 billion in FY2024 (+21.1%), $28.44 billion in FY2023 (+275.3%), $7.58 billion in FY2022 (+154.7%) and $2.98 billion in FY2021.
- Quarterly Interest Expense - Deposits has ranged from $617.26 million in fiscal Q4 2021 to $8.82 billion in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, Interest Expense - Deposits has declined for seven consecutive quarters, with an average decline of 14.2% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 541.0% in fiscal Q4 2022, against a decline of 22.4% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $5.92 billion (Q2 2026), $6.19 billion (Q1 2026) and $6.72 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 5.52 Bn |
| 10 | Toronto Dominion Bank | 198.58 Bn | -473.92 Bn | - | 6.09 Bn |
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 |
| Apr 30, 2021 | 765.70 Mn |
| Jan 31, 2021 | 879.13 Mn |
Toronto Dominion Bank Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=TD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "TD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=TD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();