Toronto Dominion Bank (TD) Interest Expenses (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Interest Expenses came in at $8.5 billion in Q2 2026, down 13.94% YoY from $9.8 billion in Q2 2025, and down 2.35% on a QoQ basis from $8.7 billion in Q1 2026.
Toronto Dominion Bank (TD) Interest Expenses (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has 15 years of Interest Expenses data on file, last reported at $8.5 billion in Q2 2026.
- Quarterly Interest Expenses fell 13.94% year-over-year to $8.5 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $35.3 billion (down 20.09% YoY) and the FY2025 annual result came in at $40.0 billion, down 13.22% from the prior year.
- Interest Expenses slipped to $8.5 billion in Q2 2026, from $8.7 billion in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $12.5 billion in Q1 2023 to a low of $5.3 billion in Q4 2022.
- A 5-year average of $10.0 billion and a median of $10.2 billion in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 468.47% — and 2025, when it declined 26.17%.
- Tracing TD's Interest Expenses over 5 years: stood at $5.3 billion in 2022, then jumped by 106.22% to $11.0 billion in 2023, then gained by 5.65% to $11.6 billion in 2024, then declined by 26.17% to $8.6 billion in 2025, then dropped by 1.25% to $8.5 billion in 2026.
- The last three Interest Expenses figures came in at $8.5 billion (Q2 2026), $8.7 billion (Q1 2026), and $8.6 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 17.84 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 12.62 Bn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 10.97 Bn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 20.54 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | -34.43 Bn |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 8.11 Bn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 4.49 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 8.45 Bn |
| Apr 30, 2026 | 8.45 Bn |
| Jan 31, 2026 | 8.66 Bn |
| Jan 31, 2026 | 8.66 Bn |
| Oct 31, 2025 | 8.56 Bn |
| Oct 31, 2025 | 8.56 Bn |
| Jul 31, 2025 | 9.63 Bn |
| Jul 31, 2025 | 9.63 Bn |
| Apr 30, 2025 | 9.82 Bn |
| Apr 30, 2025 | 9.82 Bn |
| Jan 31, 2025 | 10.90 Bn |
| Jan 31, 2025 | 10.90 Bn |
| Oct 31, 2024 | 11.60 Bn |
| Oct 31, 2024 | 11.60 Bn |
| Jul 31, 2024 | 11.85 Bn |
| Jul 31, 2024 | 11.85 Bn |
| Apr 30, 2024 | 11.45 Bn |
| Apr 30, 2024 | 11.45 Bn |
| Jan 31, 2024 | 11.34 Bn |
| Jan 31, 2024 | 11.34 Bn |