The Toronto-Dominion Bank (LON:0VL8)

The Toronto-Dominion Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Interest Income on Loans	61,589	65,297	54,038	29,666	23,959
Interest Income on Investments	26,032	28,092	26,636	11,366	5,622
Total Interest Income	87,621	93,389	80,674	41,032	29,581
Interest Paid on Deposits	40,039	46,860	38,351	9,748	3,742
Interest Paid on Borrowings	14,520	16,057	12,379	3,931	1,708
Total Interest Expense	54,559	62,917	50,730	13,679	5,450
Net Interest Income	33,062	30,472	29,944	27,353	24,131
Net Interest Income Growth (YoY)	8.50%	1.76%	9.47%	13.35%	-1.49%
Income From Trading Activities	4,602	3,628	2,417	-257	313
Gain (Loss) on Sale of Investments	-1,951	-358	-48	60	14
Other Non-Interest Income	32,064	23,755	20,019	21,652	18,235
Total Non-Interest Income	34,715	27,025	22,388	21,455	18,562
Non-Interest Income Growth (YoY)	28.46%	20.71%	4.35%	15.59%	-3.06%
Revenues Before Loan Losses	67,777	57,497	52,332	48,808	42,693
Provision for Loan Losses	4,506	4,253	2,933	1,067	-224
Revenue	63,271	53,244	49,399	47,741	42,917
Revenue Growth (YoY)	18.83%	7.78%	3.47%	11.24%	17.89%
Salaries and Employee Benefits	17,068	15,638	14,759	12,511	10,971
Occupancy Expenses	1,128	1,129	1,019	1,660	1,882
Amortization of Goodwill & Intangibles	780	702	672	599	706
Selling, General & Administrative	10,795	9,160	8,027	6,331	5,924
Other Non-Interest Expense	9,171	14,945	10,029	6,441	6,300
Total Non-Interest Expense	38,637	40,871	33,642	26,550	24,998
EBT Excluding Unusual Items	24,634	12,373	15,757	21,191	17,919
Legal Settlements	-	-274	-1,642	224	-
Pretax Income	23,948	11,533	13,752	21,415	17,919
Income Tax Expense	3,410	2,691	3,118	3,986	3,621
Earnings From Continuing Operations	20,538	8,842	10,634	17,429	14,298
Net Income	20,538	8,842	10,634	17,429	14,298
Preferred Dividends & Other Adjustments	565	526	563	259	249
Net Income to Common	19,973	8,316	10,071	17,170	14,049
Net Income Growth	132.28%	-16.85%	-38.99%	21.90%	20.20%
Basic Shares Outstanding	1,726	1,759	1,823	1,811	1,818
Diluted Shares Outstanding	1,728	1,760	1,824	1,814	1,820
Shares Change (YoY)	-1.82%	-3.53%	0.60%	-0.36%	0.63%
EPS (Basic)	11.57	4.73	5.53	9.48	7.73
EPS (Diluted)	11.56	4.72	5.52	9.47	7.72
EPS Growth	144.91%	-14.49%	-41.71%	22.67%	20.06%
Dividend Per Share	4.200	4.080	3.840	3.560	3.160
Dividend Growth	2.94%	6.25%	7.87%	12.66%	1.61%
Effective Tax Rate	14.24%	23.33%	22.67%	18.61%	20.21%

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