Toronto Dominion Bank (TD) Tax Provisions (2009 - 2026)

Toronto Dominion Bank (TD) reported Tax Provisions of $565.4 million for Q2 2026, down 18.32% on a YoY basis from $692.2 million in Q2 2025, and down 30.44% quarter-over-quarter from $812.8 million in Q1 2026.

Toronto Dominion Bank (TD) Tax Provisions (2009 - 2026) Analysis & Trends

Toronto Dominion Bank has reported Tax Provisions for 18 years, with the latest figure at $565.4 million in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions fell 18.32% year-over-year to $565.4 million; the trailing twelve-month figure through Apr 2026 stood at $2.6 billion (up 22.02% YoY), and the FY2025 full-year result was $2.5 billion, up 24.74% from the prior year.
  • Tax Provisions for Q2 2026 stood at $565.4 million, down from $812.8 million in the prior quarter.
  • The five-year high for Tax Provisions was $976.5 million in Q4 2022, with the low at $60.8 million in Q1 2023.
  • Historically, Tax Provisions has averaged $587.2 million across 5 years, with a median of $572.6 million in 2024.
  • Annual changes were most pronounced in 2023 — Tax Provisions tumbled 92.18% — and 2024, when it surged 671.43%.
  • Toronto Dominion Bank's Tax Provisions stood at $976.5 million in 2022, then tumbled by 52.57% to $463.1 million in 2023, then fell by 15.57% to $391.0 million in 2024, then jumped by 51.53% to $592.6 million in 2025, then decreased by 4.59% to $565.4 million in 2026.
  • The last three Tax Provisions figures came in at $565.4 million (Q2 2026), $812.8 million (Q1 2026), and $592.6 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 537.65 Mn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -1.98 Bn
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 1.17 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 565.37 Mn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 602.40 Mn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 1.82 Bn
7 Barclays 379.37 Bn -269.24 Bn - -860.14 Mn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 571.72 Mn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 691.00 Mn
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 1.29 Bn

Historic Data

Download Data
DateValue
Apr 30, 2026 565.37 Mn
Jan 31, 2026 812.80 Mn
Oct 31, 2025 592.56 Mn
Jul 31, 2025 658.65 Mn
Apr 30, 2025 692.19 Mn
Jan 31, 2025 491.69 Mn
Oct 31, 2024 391.04 Mn
Jul 31, 2024 579.87 Mn
Apr 30, 2024 537.65 Mn
Jan 31, 2024 468.98 Mn
Oct 31, 2023 463.15 Mn
Jul 31, 2023 527.44 Mn
Apr 30, 2023 634.84 Mn
Jan 31, 2023 60.79 Mn
Oct 31, 2022 976.51 Mn
Jul 31, 2022 546.60 Mn
Apr 30, 2022 791.13 Mn
Jan 31, 2022 777.44 Mn
Oct 31, 2021 723.85 Mn
Jul 31, 2021 750.49 Mn