The Toronto-Dominion Bank (LON: 0VL8)

The Toronto-Dominion Bank Income Statement

Financials in millions CAD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 30, 2024	Oct 30, 2024	Oct 30, 2023	Oct 30, 2022	Oct 30, 2021	Oct 30, 2020
Interest Income on Loans	65,297	65,297	54,038	29,666	23,959	28,337
Interest Income on Investments	28,092	28,092	26,636	11,366	5,622	7,496
Total Interest Income	93,389	93,389	80,674	41,032	29,581	35,833
Interest Paid on Deposits	46,860	46,860	38,351	9,748	3,742	8,447
Interest Paid on Borrowings	23,857	23,857	12,379	3,931	1,708	2,889
Total Interest Expense	70,717	70,717	50,730	13,679	5,450	11,336
Net Interest Income	22,672	22,672	29,944	27,353	24,131	24,497
Net Interest Income Growth (YoY)	-10.69%	-24.29%	9.47%	13.35%	-1.49%	2.84%
Income From Trading Activities	3,628	3,628	2,417	-257	313	1,404
Gain (Loss) on Sale of Investments	-	-	-48	60	14	1,440
Other Non-Interest Income	23,123	23,123	19,821	21,652	18,235	16,305
Total Non-Interest Income	26,751	26,751	22,190	21,455	18,562	19,149
Non-Interest Income Growth (YoY)	28.95%	20.55%	3.43%	15.59%	-3.07%	11.05%
Revenues Before Loan Losses	49,423	49,423	52,134	48,808	42,693	43,646
Provision for Loan Losses	4,253	4,253	2,933	1,067	-224	7,242
Revenue	45,170	45,170	49,201	47,741	42,917	36,404
Revenue Growth (YoY)	4.57%	-8.19%	3.06%	11.24%	17.89%	-4.29%
Salaries and Employee Benefits	16,733	16,733	14,422	12,511	10,971	11,594
Occupancy Expenses	1,958	1,958	1,799	1,660	1,882	1,641
Amortization of Goodwill & Intangibles	702	702	672	599	706	817
Selling, General & Administrative	7,236	7,236	7,581	6,331	5,924	4,920
Other Non-Interest Expense	7,145	7,145	9,636	6,441	6,300	5,534
Total Non-Interest Expense	33,071	33,071	33,246	26,550	24,998	23,373
EBT Excluding Unusual Items	12,099	12,099	15,955	21,191	17,919	13,031
Legal Settlements	-	-	-1,642	224	-	-
Pretax Income	11,533	11,533	13,950	21,415	17,919	13,047
Income Tax Expense	2,691	2,691	3,168	3,986	3,621	1,152
Earnings From Continuing Operations	8,842	8,842	10,782	17,429	14,298	11,895
Net Income	8,842	8,842	10,782	17,429	14,298	11,895
Preferred Dividends & Other Adjustments	-	-	563	259	249	267
Net Income to Common	8,842	8,842	10,219	17,170	14,049	11,628
Net Income Growth	-16.85%	-17.99%	-38.14%	21.90%	20.20%	1.95%
Basic Shares Outstanding	1,747	1,747	1,823	1,811	1,818	1,807
Diluted Shares Outstanding	1,747	1,747	1,824	1,814	1,820	1,809
Shares Change (YoY)	-4.23%	-4.23%	0.60%	-0.36%	0.63%	-1.01%
EPS (Basic)	5.06	5.06	5.61	9.48	7.73	6.43
EPS (Diluted)	5.06	5.06	5.60	9.47	7.72	6.43
EPS Growth	-13.18%	-9.63%	-40.87%	22.67%	20.06%	2.88%
Dividend Per Share	-	-	3.840	3.560	3.160	3.110
Dividend Growth	-	-	7.87%	12.66%	1.61%	7.61%
Effective Tax Rate	23.33%	23.33%	22.71%	18.61%	20.21%	8.83%

Source: S&P Capital IQ. Banks template. Financial Sources.