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	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Interest Income on Loans	62,895	65,297	54,038	29,666	23,959	28,337
Interest Income on Investments	27,077	28,092	26,636	11,366	5,622	7,496
Total Interest Income	89,972	93,389	80,674	41,032	29,581	35,833
Interest Paid on Deposits	42,537	46,860	38,351	9,748	3,742	8,447
Interest Paid on Borrowings	14,978	16,057	12,379	3,931	1,708	2,889
Total Interest Expense	57,515	62,917	50,730	13,679	5,450	11,336
Net Interest Income	32,457	30,472	29,944	27,353	24,131	24,497
Net Interest Income Growth (YoY)	8.10%	1.76%	9.47%	13.35%	-1.49%	2.84%
Income From Trading Activities	4,119	3,628	2,417	-257	313	1,404
Gain (Loss) on Sale of Investments	-1,879	-358	-48	60	14	1,440
Other Non-Interest Income	33,374	23,755	20,019	21,652	18,235	16,305
Total Non-Interest Income	35,614	27,025	22,388	21,455	18,562	19,149
Non-Interest Income Growth (YoY)	34.38%	20.71%	4.35%	15.59%	-3.06%	11.05%
Revenues Before Loan Losses	68,071	57,497	52,332	48,808	42,693	43,646
Provision for Loan Losses	4,633	4,253	2,933	1,067	-224	7,242
Revenue	63,438	53,244	49,399	47,741	42,917	36,404
Revenue Growth (YoY)	20.82%	7.78%	3.47%	11.24%	17.89%	-4.29%
Salaries and Employee Benefits	16,628	15,638	14,759	12,511	10,971	11,594
Occupancy Expenses	1,190	1,129	1,019	1,660	1,882	1,641
Amortization of Goodwill & Intangibles	758	702	672	599	706	817
Selling, General & Administrative	10,396	9,160	8,027	6,331	5,924	4,920
Other Non-Interest Expense	10,164	14,945	10,029	6,441	6,300	5,534
Total Non-Interest Expense	38,653	40,871	33,642	26,550	24,998	23,373
EBT Excluding Unusual Items	24,785	12,373	15,757	21,191	17,919	13,031
Legal Settlements	-274	-274	-1,642	224	-	-
Pretax Income	24,015	11,533	13,752	21,415	17,919	13,047
Income Tax Expense	3,122	2,691	3,118	3,986	3,621	1,152
Earnings From Continuing Operations	20,893	8,842	10,634	17,429	14,298	11,895
Net Income	20,893	8,842	10,634	17,429	14,298	11,895
Preferred Dividends & Other Adjustments	567	526	563	259	249	267
Net Income to Common	20,326	8,316	10,071	17,170	14,049	11,628
Net Income Growth	158.80%	-16.85%	-38.99%	21.90%	20.20%	1.94%
Basic Shares Outstanding	1,739	1,759	1,823	1,811	1,818	1,807
Diluted Shares Outstanding	1,740	1,760	1,824	1,814	1,820	1,809
Shares Change (YoY)	-1.95%	-3.53%	0.60%	-0.36%	0.63%	-1.01%
EPS (Basic)	11.69	4.73	5.53	9.48	7.73	6.43
EPS (Diluted)	11.68	4.72	5.52	9.47	7.72	6.43
EPS Growth	174.71%	-14.49%	-41.71%	22.67%	20.06%	2.88%
Dividend Per Share	4.170	4.080	3.840	3.560	3.160	3.110
Dividend Growth	3.73%	6.25%	7.87%	12.66%	1.61%	7.61%
Effective Tax Rate	13.00%	23.33%	22.67%	18.61%	20.21%	8.83%

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.