Toronto Dominion Bank (TD) Rent Expense (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Rent Expense came in at $385.9 million in Q2 2026, up 10.05% YoY from $350.7 million in Q2 2025, and up 3.59% on a QoQ basis from $372.5 million in Q1 2026.
Toronto Dominion Bank (TD) Rent Expense (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has 14 years of Rent Expense data on file, last reported at $385.9 million in Q2 2026.
- Quarterly Rent Expense rose 10.05% year-over-year to $385.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $1.4 billion (up 2.94% YoY) and the FY2023 annual result came in at $1.3 billion, up 3.39% from the prior year.
- Rent Expense rose to $385.9 million in Q2 2026, from $372.5 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $385.9 million in Q2 2026 to a low of $321.0 million in Q1 2023.
- A 5-year average of $345.8 million and a median of $344.6 million in 2023 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense fell 6.85% — and 2026, when it advanced 10.05%.
- Tracing TD's Rent Expense over 5 years: stood at $326.0 million in 2022, then grew by 4.06% to $339.2 million in 2023, then slipped by 0.33% to $338.1 million in 2024, then retreated by 2.07% to $331.1 million in 2025, then climbed by 16.54% to $385.9 million in 2026.
- The last three Rent Expense figures came in at $385.9 million (Q2 2026), $372.5 million (Q1 2026), and $331.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 302.64 Mn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 803.00 Mn |
| 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 | 618.00 Mn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 385.91 Mn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 143.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 385.91 Mn |
| Apr 30, 2026 | 385.91 Mn |
| Jan 31, 2026 | 372.53 Mn |
| Jan 31, 2026 | 372.53 Mn |
| Jul 31, 2025 | 331.14 Mn |
| Jul 31, 2025 | 331.14 Mn |
| Apr 30, 2025 | 350.66 Mn |
| Apr 30, 2025 | 350.66 Mn |
| Jan 31, 2025 | 360.67 Mn |
| Jan 31, 2025 | 360.67 Mn |
| Jul 31, 2024 | 338.13 Mn |
| Jul 31, 2024 | 338.13 Mn |
| Apr 30, 2024 | 349.58 Mn |
| Apr 30, 2024 | 349.58 Mn |
| Jan 31, 2024 | 346.19 Mn |
| Jan 31, 2024 | 346.19 Mn |
| Oct 31, 2023 | 339.25 Mn |
| Oct 31, 2023 | 339.25 Mn |
| Jul 31, 2023 | 344.63 Mn |
| Jul 31, 2023 | 344.63 Mn |