Toronto Dominion Bank (TD) Tax Provisions (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Tax Provisions came in at $883.6 million in Q3 2026, up 34.15% on a YoY basis from $658.6 million in Q3 2025, and up 56.29% quarter-over-quarter from $565.4 million in Q2 2026.
Analysis
Toronto Dominion Bank (TD) Tax Provisions (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has reported Tax Provisions for 18 consecutive years, with $883.6 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Tax Provisions rose 34.15% year-over-year to $883.6 million; the trailing twelve-month figure through Jul 2026 stood at $2.4 billion (up 288.83% YoY), and the FY2025 full-year result was $2.5 billion, up 24.3% from the prior year.
- Tax Provisions improved to $883.6 million in Q3 2026 per TD's latest filing, from $565.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.3 billion in Q2 2025 and bottomed at -$1.1 billion in Q1 2025.
- Historically, Tax Provisions has averaged $410.2 million across 5 years, with a median of $572.6 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions tumbled 221.75% in 2024, then surged 265.65% in 2025.
- Over 5 years, Tax Provisions stood at $976.5 million in 2022, then plunged by 186.85% to -$848.1 million in 2023, then jumped by 74.44% to -$216.8 million in 2024, then soared by 148.22% to $104.5 million in 2025, then soared by 745.32% to $883.6 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $883.6 million, $565.4 million, and $812.8 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 1.70 Bn |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 1.94 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 1.70 Bn |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 1.24 Bn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 1.40 Bn |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 961.00 Mn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 883.59 Mn |
| 10 | Schwab Charles | 186.08 Bn | 112.49 Bn | - | 869.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 883.59 Mn |
| Apr 30, 2026 | 565.37 Mn |
| Jan 31, 2026 | 812.80 Mn |
| Oct 31, 2025 | 104.53 Mn |
| Jul 31, 2025 | 658.65 Mn |
| Apr 30, 2025 | 1.28 Bn |
| Jan 31, 2025 | -1.11 Bn |
| Oct 31, 2024 | -216.76 Mn |
| Jul 31, 2024 | 579.87 Mn |
| Apr 30, 2024 | -772.92 Mn |
| Jan 31, 2024 | 1.16 Bn |
| Oct 31, 2023 | -848.12 Mn |
| Jul 31, 2023 | 527.44 Mn |
| Apr 30, 2023 | 634.84 Mn |
| Jan 31, 2023 | 1.23 Bn |
| Oct 31, 2022 | 976.51 Mn |
| Jun 30, 2022 | 481.59 Mn |
| Mar 31, 2022 | 436.58 Mn |
| Dec 31, 2021 | 442.68 Mn |
| Oct 31, 2021 | 723.85 Mn |