Toronto Dominion Bank (TD) Net Margin (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Net Margin came in at 25.63% in Q2 2026, down 2202.0% YoY from 1.22% in Q2 2025, and up 7.84% on a QoQ basis from 23.77% in Q1 2026.
Toronto Dominion Bank (TD) Net Margin (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has 18 years of Net Margin data on file, last reported at 25.63% in Q2 2026.
- Quarterly Net Margin fell 2202.0% year-over-year to 25.63% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 7.97% (down 354.0% YoY) and the FY2025 annual result came in at 0.83%, up 9.0% from the prior year.
- Net Margin advanced to 25.63% in Q2 2026, from 23.77% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 47.65% in Q2 2025 to a low of 40.39% in Q4 2025.
- A 5-year average of 16.54% and a median of 21.23% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin plunged 5816 bps — and 2025, when it jumped 3047 bps.
- Tracing TD's Net Margin over 5 years: stood at 42.18% in 2022, then slumped by 51 bps to 20.5% in 2023, then plunged by 284 bps to 37.66% in 2024, then decreased by 7 bps to 40.39% in 2025, then surged by 163 bps to 25.63% in 2026.
- The last three Net Margin figures came in at 25.63% (Q2 2026), 23.77% (Q1 2026), and 40.39% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 27.72% |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 32.20% |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 27.23% |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | -22.10% |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 24.32% |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | 352.18% |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 25.63% |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 29.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 25.63% |
| Jan 31, 2026 | 23.77% |
| Oct 31, 2025 | -40.39% |
| Jul 31, 2025 | 21.23% |
| Apr 30, 2025 | 47.65% |
| Jan 31, 2025 | 19.27% |
| Oct 31, 2024 | -37.66% |
| Jul 31, 2024 | 1.76% |
| Apr 30, 2024 | 17.18% |
| Jan 31, 2024 | 20.05% |
| Oct 31, 2023 | 20.50% |
| Jul 31, 2023 | 22.94% |
| Apr 30, 2023 | 24.97% |
| Jan 31, 2023 | 12.28% |
| Oct 31, 2022 | 42.18% |
| Jun 30, 2022 | 32.44% |
| Mar 31, 2022 | 27.35% |
| Dec 31, 2021 | 30.79% |
| Oct 31, 2021 | 33.98% |
| Jul 31, 2021 | 33.09% |