Toronto Dominion Bank (TD) Interest Expenses (2009 - 2026)
Toronto Dominion Bank's Interest Expenses came in at $346.41 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 28.5% from $484.71 million a year earlier and down 6.2% from the prior quarter.
Toronto Dominion Bank (TD) Interest Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Toronto Dominion Bank reported Interest Expenses of $1.63 billion, down 18.8% year-over-year; for FY2025 (ended Oct 31, 2025), it was $1.82 billion, down 68.2% from FY2024.
- Interest Expenses carries a four-year compound annual growth rate of -7.7% (FY2021 to FY2025).
- Going back by fiscal year, Interest Expenses was $5.73 billion in FY2024 (+69.5%), $3.38 billion in FY2023 (-45.1%), $6.16 billion in FY2022 (+144.8%) and $2.52 billion in FY2021.
- The fiscal Q3 2026 figure represents the lowest quarterly Interest Expenses in data going back to fiscal Q1 2009.
- Year-over-year, Interest Expenses has declined for eight consecutive quarters, with an average decline of 44.5% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in fiscal Q4 2022 (growth of 468.5%), and the weakest in fiscal Q4 2024 (a decline of 94.1%).
- Business Quant data shows TD's Interest Expenses at $369.13 million (Q2 2026), $457.56 million (Q1 2026) and $459.2 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 26.02 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 17.81 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 12.94 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 12.80 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 19.02 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 11.39 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 9.12 Bn |
| 10 | Toronto Dominion Bank | 209.28 Bn | -466.60 Bn | - | 8.36 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 8.36 Bn |
| Apr 30, 2026 | 8.11 Bn |
| Jan 31, 2026 | 8.58 Bn |
| Oct 31, 2025 | 9.28 Bn |
| Jul 31, 2025 | 9.62 Bn |
| Apr 30, 2025 | 9.46 Bn |
| Jan 31, 2025 | 10.57 Bn |
| Oct 31, 2024 | 11.60 Bn |
| Jul 31, 2024 | 11.85 Bn |
| Apr 30, 2024 | 11.45 Bn |
| Jan 31, 2024 | 11.34 Bn |
| Oct 31, 2023 | 10.98 Bn |
| Jul 31, 2023 | 10.22 Bn |
| Apr 30, 2023 | 8.78 Bn |
| Jan 31, 2023 | 7.65 Bn |
| Oct 31, 2022 | 5.32 Bn |
| Jul 31, 2022 | 2.91 Bn |
| Apr 30, 2022 | 1.30 Bn |
| Jan 31, 2022 | 963.90 Mn |
| Oct 31, 2021 | 936.23 Mn |
Toronto Dominion Bank Interest Expenses 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-expenses&ticker=TD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=TD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();