Toronto Dominion Bank (TD) Operating Expenses (2009 - 2026)

Toronto Dominion Bank (TD) reported Operating Expenses of $6.1 billion for Q2 2026, up 6.78% on a YoY basis from $5.7 billion in Q2 2025, and down 3.17% quarter-over-quarter from $6.3 billion in Q1 2026.

Toronto Dominion Bank (TD) Operating Expenses (2009 - 2026) Analysis & Trends

Toronto Dominion Bank has reported Operating Expenses for 18 years, with the latest figure at $6.1 billion in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 6.78% year-over-year to $6.1 billion; the trailing twelve-month figure through Apr 2026 stood at $18.8 billion (down 3.56% YoY), and the FY2025 full-year result was $494.5 million, up 19.31% from the prior year.
  • Operating Expenses for Q2 2026 stood at $6.1 billion, down from $6.3 billion in the prior quarter.
  • The five-year high for Operating Expenses was $8.0 billion in Q3 2024, with the low at $137.0 million in Q4 2025.
  • Historically, Operating Expenses has averaged $5.4 billion across 5 years, with a median of $5.7 billion in 2025.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 596.53% — and 2025, when it slipped 22.88%.
  • Toronto Dominion Bank's Operating Expenses stood at $4.9 billion in 2022, then increased by 17.98% to $5.8 billion in 2023, then soared by 38.33% to $8.0 billion in 2024, then sank by 98.3% to $137.0 million in 2025, then jumped by 4359.05% to $6.1 billion in 2026.
  • The last three Operating Expenses figures came in at $6.1 billion (Q2 2026), $6.3 billion (Q1 2026), and $137.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 3.06 Bn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - 609.00 Mn
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 6.82 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 6.11 Bn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 4.15 Bn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 18.53 Bn
7 Barclays 379.37 Bn -269.24 Bn - -6.13 Bn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -12.60 Bn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 14.33 Bn
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 13.84 Bn

Historic Data

Download Data
DateValue
Apr 30, 2026 6.11 Bn
Jan 31, 2026 6.31 Bn
Oct 31, 2025 136.97 Mn
Jul 31, 2025 6.20 Bn
Apr 30, 2025 5.72 Bn
Jan 31, 2025 5.68 Bn
Jul 31, 2024 8.04 Bn
Apr 30, 2024 6.20 Bn
Jan 31, 2024 5.94 Bn
Oct 31, 2023 5.81 Bn
Jul 31, 2023 5.51 Bn
Apr 30, 2023 4.99 Bn
Jan 31, 2023 6.01 Bn
Oct 31, 2022 4.93 Bn
Jul 31, 2022 4.74 Bn
Apr 30, 2022 4.76 Bn
Jan 31, 2022 4.71 Bn
Oct 31, 2021 4.73 Bn
Jul 31, 2021 680.49 Mn
Apr 30, 2021 4.55 Bn