Toronto Dominion Bank (TD) Net Margin (2009 - 2026)
Toronto Dominion Bank (TD) posted Net Margin of 25.63% for Q2 2026, up 7.84% quarter-over-quarter from 23.77% in Q1 2026, and down 2202.0% year-on-year from 1.22% in Q2 2025.
Toronto Dominion Bank (TD) Net Margin (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has reported Net Margin for 18 consecutive years, with 25.63% the latest figure, recorded in Q2 2026.
- Net Margin for Q2 2026 came in at 25.63%, down 2202.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 17.82% (down 265.0% YoY), and the FY2023 annual result was 20.16%, down 1486.0% from the prior year.
- Net Margin was 25.63% for Q2 2026 at Toronto Dominion Bank, up from 23.77% in the prior quarter.
- Over five years, Net Margin peaked at 47.65% in Q2 2025 and troughed at 1.76% in Q3 2024.
- Average Net Margin over 5 years is 24.57%, with a median of 22.75% recorded in 2023.
- Year-over-year, Net Margin soared 3047 bps in 2025 and tumbled 2202 bps in 2026.
- Over 5 years, Net Margin stood at 42.18% in 2022, then sank by 51 bps to 20.5% in 2023, then plunged by 91 bps to 1.76% in 2024, then surged by 1104 bps to 21.23% in 2025, then climbed by 21 bps to 25.63% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 25.63% in Q2 2026, 23.77% in Q1 2026, and 21.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 37.25% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 26.94% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 23.31% |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | -0.01% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 28.87% |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 32.40% |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 0.00% |
| 10 | Toronto Dominion Bank | - | - | - | 25.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 25.63% |
| Jan 31, 2026 | 23.77% |
| Jul 31, 2025 | 21.23% |
| Apr 30, 2025 | 47.65% |
| Jan 31, 2025 | 19.27% |
| Jul 31, 2024 | 1.76% |
| Apr 30, 2024 | 17.18% |
| Jan 31, 2024 | 20.05% |
| Oct 31, 2023 | 20.50% |
| Jul 31, 2023 | 21.74% |
| Apr 30, 2023 | 24.97% |
| Jan 31, 2023 | 12.28% |
| Oct 31, 2022 | 42.18% |
| Jul 31, 2022 | 29.03% |
| Apr 30, 2022 | 33.25% |
| Jan 31, 2022 | 32.71% |
| Oct 31, 2021 | 33.98% |
| Jul 31, 2021 | 32.57% |
| Apr 30, 2021 | 35.49% |
| Jan 31, 2021 | 29.71% |