Toronto Dominion Bank (TD) Interest Expense - Fed Funds (2022 - 2026)
Toronto Dominion Bank (TD) reported Interest Expense - Fed Funds of $1.85 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 11.5% from $2.08 billion a year earlier but up 3.4% from the prior quarter.
Toronto Dominion Bank (TD) Interest Expense - Fed Funds (2022 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Toronto Dominion Bank's Interest Expense - Fed Funds came in at $7.78 billion, down 8.7% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $8.29 billion, down 15.4% from FY2024.
- Interest Expense - Fed Funds has a three-year compound annual growth rate of 57.9% (FY2022 to FY2025).
- By fiscal year, Interest Expense - Fed Funds came in at $9.79 billion in FY2024 (+30.9%), $7.48 billion in FY2023 (+255.5%) and $2.1 billion in FY2022.
- Five-year quarterly Interest Expense - Fed Funds spans a low of $1.06 billion in fiscal Q4 2022 and a high of $2.52 billion in fiscal Q3 2024.
- Year over year, Interest Expense - Fed Funds has now declined in each of the last seven quarters, with an average decline of 9.6% over the last eight quarters.
- The high point for year-over-year Interest Expense - Fed Funds in five years was fiscal Q4 2023 (growth of 107.4%); the low point was fiscal Q2 2025 (a decline of 22.8%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $1.79 billion (Q2 2026), $1.98 billion (Q1 2026) and $2.16 billion (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.85 Bn |
| Apr 30, 2026 | 1.79 Bn |
| Jan 31, 2026 | 1.98 Bn |
| Oct 31, 2025 | 2.16 Bn |
| Jul 31, 2025 | 2.08 Bn |
| Apr 30, 2025 | 1.93 Bn |
| Jan 31, 2025 | 2.11 Bn |
| Oct 31, 2024 | 2.40 Bn |
| Jul 31, 2024 | 2.52 Bn |
| Apr 30, 2024 | 2.50 Bn |
| Jan 31, 2024 | 2.37 Bn |
| Oct 31, 2023 | 2.21 Bn |
| Jul 31, 2023 | 2.09 Bn |
| Apr 30, 2023 | 1.69 Bn |
| Jan 31, 2023 | 1.49 Bn |
| Oct 31, 2022 | 1.06 Bn |
Toronto Dominion Bank Interest Expense - Fed Funds 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-fed-funds&ticker=TD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "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-fed-funds&ticker=TD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();