Toronto Dominion Bank (TD) Interest Expenses (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Interest Expenses came in at $3.0 billion in Q3 2026, down 7.82% on a YoY basis from $3.3 billion in Q3 2025, and up 2.14% quarter-over-quarter from $3.0 billion in Q2 2026.
Analysis
Toronto Dominion Bank (TD) Interest Expenses (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has reported Interest Expenses for 15 consecutive years, with $3.0 billion the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Interest Expenses fell 7.82% year-over-year to $3.0 billion; the trailing twelve-month figure through Jul 2026 stood at $12.4 billion (down 6.21% YoY), and the FY2025 full-year result was $13.1 billion, down 11.99% from the prior year.
- Interest Expenses grew to $3.0 billion in Q3 2026 per TD's latest filing, from $3.0 billion in the prior quarter.
- Across five years, Interest Expenses topped out at $11.0 billion in Q4 2023 and bottomed at $3.0 billion in Q2 2026.
- Historically, Interest Expenses has averaged $4.0 billion across 5 years, with a median of $3.3 billion in 2025.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses jumped 468.47% in 2022, then tumbled 68.07% in 2024.
- Over 5 years, Interest Expenses stood at $5.3 billion in 2022, then soared by 106.22% to $11.0 billion in 2023, then sank by 68.07% to $3.5 billion in 2024, then dropped by 5.96% to $3.3 billion in 2025, then declined by 7.61% to $3.0 billion in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $3.0 billion, $3.0 billion, and $3.1 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 17.84 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 13.12 Bn |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 18.09 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 1.49 Bn |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 12.80 Bn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 10.97 Bn |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 1.96 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -34.43 Bn |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 3.04 Bn |
| 10 | Schwab Charles | 186.08 Bn | 112.49 Bn | - | 789.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.04 Bn |
| Apr 30, 2026 | 2.98 Bn |
| Jan 31, 2026 | 3.07 Bn |
| Oct 31, 2025 | 3.30 Bn |
| Jul 31, 2025 | 3.30 Bn |
| Apr 30, 2025 | 3.09 Bn |
| Jan 31, 2025 | 3.31 Bn |
| Oct 31, 2024 | 3.50 Bn |
| Jul 31, 2024 | 3.73 Bn |
| Apr 30, 2024 | 3.78 Bn |
| Jan 31, 2024 | 3.90 Bn |
| Oct 31, 2023 | 10.98 Bn |
| Jul 31, 2023 | 3.74 Bn |
| Apr 30, 2023 | 3.30 Bn |
| Jan 31, 2023 | 3.22 Bn |
| Oct 31, 2022 | 5.32 Bn |
| Oct 31, 2021 | 936.23 Mn |
| Jul 31, 2021 | 762.70 Mn |
| Oct 31, 2017 | 2.05 Bn |
| Oct 31, 2016 | 746.54 Mn |