Toronto Dominion Bank (TD) Rent Expense (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Rent Expense came in at $360.0 million in Q3 2026, up 8.73% on a YoY basis from $331.1 million in Q3 2025, and down 6.7% quarter-over-quarter from $385.9 million in Q2 2026.
Analysis
Toronto Dominion Bank (TD) Rent Expense (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has reported Rent Expense for 15 consecutive years, with $360.0 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Rent Expense rose 8.73% year-over-year to $360.0 million; the trailing twelve-month figure through Jul 2026 stood at $1.5 billion (up 1.93% YoY), and the FY2025 full-year result was $1.4 billion, down 1.76% from the prior year.
- Rent Expense eased to $360.0 million in Q3 2026 per TD's latest filing, from $385.9 million in the prior quarter.
- Across five years, Rent Expense topped out at $405.0 million in Q4 2024 and bottomed at $321.0 million in Q1 2023.
- Historically, Rent Expense has averaged $351.1 million across 5 years, with a median of $347.9 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Rent Expense climbed 19.37% in 2024, then slipped 11.88% in 2025.
- Over 5 years, Rent Expense stood at $326.0 million in 2022, then rose by 4.06% to $339.2 million in 2023, then gained by 19.37% to $405.0 million in 2024, then slipped by 11.88% to $356.8 million in 2025, then advanced by 0.9% to $360.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $360.0 million, $385.9 million, and $372.5 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Morgan Stanley | 335.03 Bn | 174.89 Bn | - | 482.00 Mn |
| 3 | Goldman Sachs | 309.45 Bn | -666.90 Bn | - | 244.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 291.49 Bn | 64.61 Bn | - | 316.29 Mn |
| 6 | Wells Fargo & Company | 272.88 Bn | 68.91 Bn | - | 803.00 Mn |
| 7 | American Express | 218.59 Bn | 169.28 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.88 Bn | 44.55 Bn | - | 360.03 Mn |
| 10 | Schwab Charles | 185.06 Bn | 111.46 Bn | - | 301.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 360.03 Mn |
| Apr 30, 2026 | 385.91 Mn |
| Jan 31, 2026 | 372.53 Mn |
| Oct 31, 2025 | 356.84 Mn |
| Jul 31, 2025 | 331.14 Mn |
| Apr 30, 2025 | 350.66 Mn |
| Jan 31, 2025 | 360.67 Mn |
| Oct 31, 2024 | 404.96 Mn |
| Jul 31, 2024 | 338.13 Mn |
| Apr 30, 2024 | 349.58 Mn |
| Jan 31, 2024 | 346.19 Mn |
| Oct 31, 2023 | 339.25 Mn |
| Jul 31, 2023 | 344.63 Mn |
| Apr 30, 2023 | 329.62 Mn |
| Jan 31, 2023 | 321.02 Mn |
| Oct 31, 2022 | 326.00 Mn |
| Oct 31, 2021 | 349.99 Mn |
| Jul 31, 2021 | 332.92 Mn |
| Oct 31, 2017 | 353.74 Mn |
| Oct 31, 2016 | 367.17 Mn |