Toronto Dominion Bank (TD) Tax Provisions (2009 - 2026)
Toronto Dominion Bank's (TD) quarterly Tax Provisions came in at $565.4 million in Q2 2026, down 18.32% YoY from $692.2 million in Q2 2025, and down 30.44% on a QoQ basis from $812.8 million in Q1 2026.
Toronto Dominion Bank (TD) Tax Provisions (2009 - 2026) Analysis & Trends
Toronto Dominion Bank (TD) has 18 years of Tax Provisions data on file, last reported at $565.4 million in Q2 2026.
- Quarterly Tax Provisions fell 18.32% year-over-year to $565.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $2.1 billion (down 0.62% YoY) and the FY2025 annual result came in at $2.5 billion, up 24.74% from the prior year.
- Tax Provisions fell to $565.4 million in Q2 2026, from $812.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $976.5 million in Q4 2022 to a low of $104.5 million in Q4 2025.
- A 5-year average of $543.1 million and a median of $527.4 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2025 — Tax Provisions slumped 73.27% — and 2026, when it jumped 65.31%.
- Tracing TD's Tax Provisions over 5 years: 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 tumbled by 73.27% to $104.5 million in 2025, then surged by 440.88% 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 $104.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | 6.18 Bn |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 1.17 Bn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 1.40 Bn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 1.70 Bn |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 2.01 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 565.37 Mn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 475.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 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 | 409.99 Mn |
| 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 |
| Jul 31, 2021 | 750.49 Mn |