Annual Income Statements for Toronto Dominion Bank
This table shows Toronto Dominion Bank's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Toronto Dominion Bank
No quarterly income statements for Toronto Dominion Bank are available.
Annual Cash Flow Statements for Toronto Dominion Bank
This table details how cash moves in and out of Toronto Dominion Bank's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Net Change in Cash & Equivalents |
|
562 |
21,789 |
581 |
97 |
1,188 |
-415 |
1,925 |
-1,322 |
-204 |
| Net Cash From Operating Activities |
|
27,932 |
39,117 |
4,326 |
632 |
172,367 |
40,436 |
28,557 |
-47,054 |
39,412 |
| Net Cash From Continuing Operating Activities |
|
27,932 |
39,117 |
3,187 |
632 |
172,367 |
40,436 |
28,557 |
-47,054 |
39,412 |
| Net Income / (Loss) Continuing Operations |
|
8,274 |
-9,926 |
-11,032 |
8,892 |
8,930 |
11,533 |
12,779 |
7,662 |
6,343 |
| Consolidated Net Income / (Loss) |
|
8,274 |
9,926 |
-11,032 |
8,892 |
8,930 |
11,533 |
12,779 |
7,662 |
6,343 |
| Provision For Loan Losses |
|
- |
1,722 |
- |
- |
- |
-181 |
782 |
2,113 |
3,051 |
| Depreciation Expense |
|
470 |
- |
438 |
460 |
994 |
1,097 |
856 |
893 |
951 |
| Amortization Expense |
|
529 |
547 |
619 |
609 |
613 |
569 |
439 |
484 |
504 |
| Non-Cash Adjustments to Reconcile Net Income |
|
1,176 |
19,909 |
2,014 |
2,201 |
4,526 |
-669 |
-1,436 |
-944 |
-929 |
| Changes in Operating Assets and Liabilities, net |
|
17,483 |
26,864 |
11,147 |
-11,531 |
157,304 |
28,086 |
15,137 |
-57,263 |
29,493 |
| Net Cash From Investing Activities |
|
-27,224 |
-16,432 |
1,177 |
3,764 |
-167,646 |
-36,515 |
-23,385 |
54,926 |
-32,586 |
| Net Cash From Continuing Investing Activities |
|
-27,224 |
-16,432 |
1,177 |
3,764 |
-167,646 |
-36,515 |
-23,385 |
54,926 |
-32,586 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-595 |
- |
-446 |
-1,054 |
-947 |
-911 |
-1,066 |
-1,329 |
-1,562 |
| Purchase of Investment Securities |
|
-63,198 |
-64,993 |
-39,113 |
-53,975 |
-251,889 |
-141,713 |
-110,155 |
-7,117 |
-89,677 |
| Divestitures |
|
0.00 |
-1,655 |
0.00 |
-411 |
0.00 |
-1,499 |
1,818 |
-450 |
2,456 |
| Sale and/or Maturity of Investments |
|
36,570 |
50,303 |
40,736 |
59,204 |
85,190 |
107,607 |
86,018 |
63,821 |
56,197 |
| Net Cash From Financing Activities |
|
-184 |
-5,468 |
-4,960 |
-4,301 |
-3,563 |
-4,062 |
-3,533 |
-9,257 |
-7,040 |
| Net Cash From Continuing Financing Activities |
|
-184 |
-822 |
-4,960 |
-4,301 |
-3,563 |
-4,062 |
-6,412 |
-8,468 |
-6,655 |
| Issuance of Debt |
|
2,436 |
- |
1,330 |
1,331 |
2,252 |
- |
- |
0.00 |
2,385 |
| Issuance of Common Equity |
|
114 |
- |
97 |
80 |
51 |
117 |
79 |
53 |
72 |
| Repayment of Debt |
|
-731 |
-1,971 |
-1,876 |
18 |
-2,347 |
-444 |
4.40 |
-1,236 |
-1,108 |
| Repurchase of Common Equity |
|
-364 |
-1,086 |
-1,141 |
-1,701 |
-636 |
0.00 |
-1,609 |
-3,088 |
-2,867 |
| Payment of Dividends |
|
-2,930 |
- |
-3,576 |
-3,933 |
-2,748 |
-4,481 |
-4,887 |
-4,197 |
-5,137 |
| Effect of Exchange Rate Changes |
|
38 |
-73 |
37 |
2.28 |
30 |
-273 |
286 |
63 |
10 |
| Cash Interest Paid |
|
4,898 |
- |
- |
13,707 |
8,698 |
4,741 |
9,182 |
34,716 |
44,321 |
| Cash Interest Received |
|
19,102 |
22,069 |
- |
30,637 |
25,721 |
22,689 |
27,599 |
55,228 |
65,294 |
| Cash Income Taxes Paid |
|
883 |
1,902 |
- |
2,731 |
1,715 |
3,284 |
3,229 |
2,188 |
2,735 |
Quarterly Cash Flow Statements for Toronto Dominion Bank
No quarterly cash flow statements for Toronto Dominion Bank are available.
Annual Balance Sheets for Toronto Dominion Bank
This table presents Toronto Dominion Bank's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Total Assets |
|
994,124 |
1,014,472 |
1,076,962 |
1,288,105 |
1,394,428 |
1,405,915 |
1,408,805 |
1,479,124 |
| Cash and Due from Banks |
|
3,087 |
3,598 |
3,700 |
4,838 |
4,784 |
6,273 |
4,843 |
4,618 |
| Restricted Cash |
|
13,444 |
13,122 |
10,268 |
11,216 |
14,881 |
14,468 |
12,660 |
0.00 |
| Interest Bearing Deposits at Other Banks |
|
39,785 |
122,597 |
19,467 |
200,763 |
192,811 |
100,663 |
70,866 |
121,910 |
| Time Deposits Placed and Other Short-Term Investments |
|
3,134 |
5,801 |
8,023 |
9,975 |
11,256 |
11,720 |
9,481 |
8,814 |
| Trading Account Securities |
|
398,208 |
318,760 |
458,418 |
449,972 |
514,834 |
601,375 |
592,078 |
593,701 |
| Loans and Leases, Net of Allowance |
|
476,148 |
491,232 |
520,951 |
538,647 |
582,901 |
609,314 |
645,588 |
681,217 |
| Loans and Leases |
|
479,089 |
493,929 |
524,335 |
544,869 |
588,055 |
614,030 |
650,730 |
687,024 |
| Allowance for Loan and Lease Losses |
|
2,940 |
2,697 |
3,384 |
6,223 |
5,154 |
4,716 |
5,142 |
5,807 |
| Accrued Investment Income |
|
29,346 |
26,891 |
22,746 |
34,626 |
35,064 |
20,418 |
21,917 |
15,866 |
| Premises and Equipment, Net |
|
4,130 |
4,046 |
4,195 |
7,609 |
7,406 |
6,892 |
6,798 |
7,057 |
| Deferred Acquisition Cost |
|
- |
- |
0.00 |
- |
- |
5,930 |
6,418 |
6,474 |
| Goodwill |
|
12,558 |
12,567 |
12,918 |
12,873 |
13,093 |
12,945 |
13,404 |
13,524 |
| Intangible Assets |
|
2,035 |
1,869 |
1,905 |
1,595 |
1,713 |
1,689 |
1,997 |
2,184 |
| Other Assets |
|
12,251 |
13,989 |
14,371 |
15,990 |
24,648 |
20,159 |
22,755 |
23,759 |
| Total Liabilities & Shareholders' Equity |
|
994,124 |
1,014,472 |
1,076,962 |
1,288,105 |
1,394,428 |
1,405,915 |
1,408,805 |
1,479,124 |
| Total Liabilities |
|
935,681 |
953,645 |
1,010,226 |
1,216,413 |
1,313,910 |
1,324,250 |
1,328,050 |
1,396,507 |
| Non-Interest Bearing Deposits |
|
709,464 |
734,229 |
695,402 |
866,694 |
926,043 |
919,257 |
885,697 |
931,984 |
| Federal Funds Purchased and Securities Sold |
|
116,804 |
113,291 |
134,495 |
190,307 |
162,827 |
132,637 |
162,025 |
187,375 |
| Short-Term Debt |
|
27,579 |
30,002 |
22,567 |
26,274 |
34,189 |
33,364 |
32,181 |
28,349 |
| Bankers Acceptance Outstanding |
|
13,444 |
13,124 |
10,268 |
11,216 |
14,881 |
14,468 |
12,660 |
0.00 |
| Long-Term Debt |
|
- |
- |
79,999 |
- |
- |
119,353 |
138,442 |
149,160 |
| Separate Account Business Liabilities |
|
7,406 |
6,642 |
8,161 |
8,616 |
9,059 |
8,278 |
6,932 |
8,231 |
| Other Long-Term Liabilities |
|
55,718 |
51,267 |
54,069 |
107,609 |
160,719 |
91,418 |
85,901 |
86,266 |
| Total Equity & Noncontrolling Interests |
|
58,443 |
60,827 |
66,736 |
71,691 |
80,518 |
81,665 |
80,754 |
82,617 |
| Total Preferred & Common Equity |
|
57,679 |
60,073 |
66,736 |
71,691 |
80,518 |
81,665 |
80,754 |
82,617 |
| Preferred Stock |
|
19,961 |
19,927 |
20,936 |
4,241 |
23,204 |
26,113 |
26,147 |
26,014 |
| Total Common Equity |
|
37,718 |
40,146 |
45,800 |
67,450 |
57,314 |
55,552 |
54,607 |
56,603 |
| Common Stock |
|
166 |
147 |
119 |
16,972 |
140 |
131 |
112 |
146 |
| Retained Earnings |
|
31,471 |
35,068 |
37,665 |
40,422 |
51,580 |
54,035 |
52,607 |
50,811 |
| Treasury Stock |
|
-142 |
-115 |
-36 |
-31 |
-131 |
-72 |
-93 |
-25 |
| Accumulated Other Comprehensive Income / (Loss) |
|
6,223 |
5,045 |
8,052 |
10,087 |
5,725 |
1,458 |
1,982 |
5,670 |
Quarterly Balance Sheets for Toronto Dominion Bank
This table presents Toronto Dominion Bank's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
Q4 2022 |
Q4 2023 |
Q4 2024 |
| Total Assets |
1,405,915 |
1,408,805 |
1,479,124 |
| Cash and Due from Banks |
6,273 |
4,843 |
4,618 |
| Restricted Cash |
14,468 |
12,660 |
0.00 |
| Interest Bearing Deposits at Other Banks |
100,663 |
70,866 |
121,910 |
| Time Deposits Placed and Other Short-Term Investments |
11,720 |
9,481 |
8,814 |
| Trading Account Securities |
601,375 |
592,078 |
593,701 |
| Loans and Leases, Net of Allowance |
609,314 |
645,588 |
681,217 |
| Loans and Leases |
614,030 |
650,730 |
687,024 |
| Allowance for Loan and Lease Losses |
4,716 |
5,142 |
5,807 |
| Accrued Investment Income |
20,418 |
21,917 |
15,866 |
| Premises and Equipment, Net |
6,892 |
6,798 |
7,057 |
| Deferred Acquisition Cost |
5,930 |
6,418 |
6,474 |
| Goodwill |
12,945 |
13,404 |
13,524 |
| Intangible Assets |
1,689 |
1,997 |
2,184 |
| Other Assets |
20,159 |
22,755 |
23,759 |
| Total Liabilities & Shareholders' Equity |
1,405,915 |
1,408,805 |
1,479,124 |
| Total Liabilities |
1,324,250 |
1,328,050 |
1,396,507 |
| Non-Interest Bearing Deposits |
919,257 |
885,697 |
931,984 |
| Federal Funds Purchased and Securities Sold |
132,637 |
162,025 |
187,375 |
| Short-Term Debt |
33,364 |
32,181 |
28,349 |
| Bankers Acceptance Outstanding |
14,468 |
12,660 |
0.00 |
| Long-Term Debt |
119,353 |
138,442 |
149,160 |
| Separate Account Business Liabilities |
8,278 |
6,932 |
8,231 |
| Other Long-Term Liabilities |
91,418 |
85,901 |
86,266 |
| Total Equity & Noncontrolling Interests |
81,665 |
80,754 |
82,617 |
| Total Preferred & Common Equity |
81,665 |
80,754 |
82,617 |
| Preferred Stock |
26,113 |
26,147 |
26,014 |
| Total Common Equity |
55,552 |
54,607 |
56,603 |
| Common Stock |
131 |
112 |
146 |
| Retained Earnings |
54,035 |
52,607 |
50,811 |
| Treasury Stock |
-72 |
-93 |
-25 |
| Accumulated Other Comprehensive Income / (Loss) |
1,458 |
1,982 |
5,670 |
Annual Metrics And Ratios for Toronto Dominion Bank
This table displays calculated financial ratios and metrics derived from Toronto Dominion Bank's official financial filings.
| Metric |
|
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
0.00% |
9.80% |
5.04% |
5.72% |
4.85% |
5.11% |
-30.12% |
51.78% |
12.39% |
| EBITDA Growth |
|
0.00% |
10.03% |
12.74% |
-12.21% |
-4.06% |
38.95% |
-7.93% |
-12.25% |
-1.99% |
| EBIT Growth |
|
0.00% |
15.66% |
8.85% |
-1.11% |
-8.84% |
44.05% |
-6.44% |
-13.86% |
-2.80% |
| NOPAT Growth |
|
0.00% |
18.33% |
2.43% |
2.01% |
3.81% |
25.77% |
-3.31% |
-42.32% |
-17.06% |
| Net Income Growth |
|
0.00% |
22.49% |
5.37% |
3.24% |
0.42% |
29.16% |
10.80% |
-40.04% |
-17.22% |
| EPS Growth |
|
0.00% |
17.77% |
-16.96% |
3.99% |
2.88% |
20.06% |
0.00% |
0.00% |
-14.87% |
| Operating Cash Flow Growth |
|
0.00% |
40.04% |
-88.94% |
105.18% |
27,191.04% |
-76.54% |
-29.38% |
-264.77% |
183.76% |
| Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
106.08% |
139.69% |
-87.73% |
-399.91% |
-2,509.00% |
90.74% |
70.78% |
| Invested Capital Growth |
|
0.00% |
0.00% |
5.59% |
-1.68% |
9.70% |
17.09% |
104.33% |
7.25% |
3.48% |
| Revenue Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| EBITDA Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| EBIT Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| NOPAT Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Net Income Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| EPS Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Operating Cash Flow Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Invested Capital Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
42.10% |
42.18% |
45.27% |
42.42% |
38.81% |
51.31% |
67.61% |
39.09% |
34.08% |
| EBIT Margin |
|
38.20% |
40.24% |
41.70% |
39.00% |
33.91% |
46.47% |
62.23% |
35.32% |
30.54% |
| Profit (Net Income) Margin |
|
26.04% |
29.05% |
29.14% |
28.46% |
27.25% |
33.49% |
53.10% |
20.98% |
15.45% |
| Tax Burden Percent |
|
83.94% |
85.36% |
82.29% |
88.34% |
99.84% |
83.45% |
85.34% |
82.51% |
81.64% |
| Interest Burden Percent |
|
81.22% |
84.58% |
84.93% |
82.60% |
80.50% |
86.36% |
100.00% |
71.99% |
61.97% |
| Effective Tax Rate |
|
20.13% |
18.29% |
23.10% |
20.67% |
9.67% |
21.13% |
19.52% |
24.19% |
24.85% |
| Return on Invested Capital (ROIC) |
|
0.00% |
21.51% |
10.72% |
10.73% |
10.72% |
11.87% |
6.99% |
2.90% |
2.28% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
13.70% |
7.72% |
7.78% |
6.19% |
8.27% |
7.61% |
3.28% |
2.57% |
| Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
6.46% |
3.73% |
3.21% |
2.18% |
3.28% |
8.77% |
6.54% |
5.48% |
| Return on Equity (ROE) |
|
0.00% |
27.97% |
14.44% |
13.94% |
12.90% |
15.15% |
15.76% |
9.44% |
7.77% |
| Cash Return on Invested Capital (CROIC) |
|
0.00% |
-178.49% |
5.28% |
12.43% |
1.47% |
-3.87% |
-61.57% |
-4.10% |
-1.14% |
| Operating Return on Assets (OROA) |
|
0.00% |
1.14% |
1.23% |
1.17% |
0.94% |
1.19% |
1.07% |
0.92% |
0.87% |
| Return on Assets (ROA) |
|
0.00% |
0.82% |
0.86% |
0.85% |
0.76% |
0.86% |
0.91% |
0.54% |
0.44% |
| Return on Common Equity (ROCE) |
|
0.00% |
18.05% |
9.43% |
9.39% |
10.56% |
12.42% |
10.97% |
6.40% |
5.29% |
| Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
14.17% |
14.34% |
13.32% |
12.46% |
14.32% |
15.65% |
9.49% |
7.68% |
| Net Operating Profit after Tax (NOPAT) |
|
7,819 |
9,252 |
9,477 |
9,668 |
10,036 |
12,622 |
12,205 |
7,040 |
5,839 |
| NOPAT Margin |
|
30.51% |
32.88% |
32.06% |
30.94% |
30.63% |
36.65% |
50.72% |
19.27% |
14.22% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
7.81% |
3.00% |
2.95% |
4.53% |
3.60% |
-0.61% |
-0.39% |
-0.29% |
| SG&A Expenses to Revenue |
|
29.26% |
29.68% |
28.75% |
30.34% |
29.97% |
31.81% |
44.94% |
33.94% |
31.89% |
| Operating Expenses to Revenue |
|
55.01% |
53.64% |
51.93% |
53.62% |
49.50% |
54.05% |
34.52% |
58.90% |
62.03% |
| Earnings before Interest and Taxes (EBIT) |
|
9,789 |
11,322 |
12,324 |
12,187 |
11,110 |
16,005 |
14,975 |
12,900 |
12,538 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
10,788 |
11,870 |
13,381 |
13,256 |
12,718 |
17,671 |
16,270 |
14,277 |
13,992 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.00 |
0.00 |
0.00 |
1.90 |
1.04 |
2.08 |
1.96 |
1.77 |
1.75 |
| Price to Tangible Book Value (P/TBV) |
|
0.00 |
0.00 |
0.00 |
2.80 |
1.32 |
2.81 |
2.66 |
2.47 |
2.42 |
| Price to Revenue (P/Rev) |
|
0.00 |
0.00 |
0.00 |
2.78 |
2.14 |
3.47 |
4.52 |
2.65 |
2.41 |
| Price to Earnings (P/E) |
|
0.00 |
0.00 |
0.00 |
9.99 |
8.02 |
10.54 |
8.63 |
14.59 |
18.13 |
| Dividend Yield |
|
6.39% |
5.36% |
5.97% |
6.09% |
8.06% |
4.80% |
5.97% |
5.35% |
5.43% |
| Earnings Yield |
|
0.00% |
0.00% |
0.00% |
10.01% |
12.47% |
9.49% |
11.58% |
6.85% |
5.52% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.00 |
0.00 |
0.05 |
0.00 |
0.00 |
0.66 |
0.78 |
0.64 |
| Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.00 |
0.00 |
0.14 |
0.00 |
0.00 |
6.42 |
5.36 |
4.07 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
0.00 |
0.33 |
0.00 |
0.00 |
9.49 |
13.71 |
11.95 |
| Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
0.00 |
0.35 |
0.00 |
0.00 |
10.31 |
15.17 |
13.33 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
0.00 |
0.45 |
0.00 |
0.00 |
12.65 |
27.80 |
28.63 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
0.00 |
6.85 |
0.00 |
0.00 |
5.41 |
0.00 |
4.24 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.39 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.00 |
0.47 |
0.49 |
0.34 |
0.37 |
0.42 |
1.87 |
2.11 |
2.15 |
| Long-Term Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.46 |
1.71 |
1.81 |
| Financial Leverage |
|
0.00 |
0.47 |
0.48 |
0.41 |
0.35 |
0.40 |
1.15 |
1.99 |
2.13 |
| Leverage Ratio |
|
0.00 |
17.01 |
16.84 |
16.40 |
17.09 |
17.62 |
17.27 |
17.33 |
17.68 |
| Compound Leverage Factor |
|
0.00 |
14.39 |
14.30 |
13.54 |
13.75 |
15.22 |
17.27 |
12.48 |
10.95 |
| Debt to Total Capital |
|
0.00% |
32.06% |
33.03% |
25.27% |
26.82% |
29.81% |
65.16% |
67.88% |
68.24% |
| Short-Term Debt to Total Capital |
|
0.00% |
32.06% |
33.03% |
25.27% |
26.82% |
29.81% |
14.23% |
12.80% |
10.90% |
| Long-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
50.92% |
55.07% |
57.34% |
| Preferred Equity to Total Capital |
|
0.00% |
23.20% |
21.94% |
23.44% |
4.33% |
20.23% |
11.14% |
10.40% |
10.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.89% |
0.83% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
0.00% |
43.85% |
44.20% |
51.29% |
68.85% |
49.97% |
23.70% |
21.72% |
21.76% |
| Debt to EBITDA |
|
0.00 |
2.32 |
2.24 |
1.70 |
2.07 |
1.93 |
9.39 |
11.95 |
12.69 |
| Net Debt to EBITDA |
|
0.00 |
-2.69 |
-8.60 |
-7.80 |
-15.77 |
-10.73 |
1.20 |
5.10 |
3.01 |
| Long-Term Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
7.34 |
9.70 |
10.66 |
| Debt to NOPAT |
|
0.00 |
2.98 |
3.17 |
2.33 |
2.62 |
2.71 |
12.51 |
24.24 |
30.40 |
| Net Debt to NOPAT |
|
0.00 |
-3.44 |
-12.15 |
-10.70 |
-19.98 |
-15.02 |
1.61 |
10.34 |
7.22 |
| Long-Term Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
9.78 |
19.67 |
25.55 |
| Noncontrolling Interest Sharing Ratio |
|
0.00% |
35.46% |
34.72% |
32.63% |
18.19% |
18.03% |
30.41% |
32.18% |
31.93% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
0.00 |
-76,770 |
4,670 |
11,194 |
1,373 |
-4,119 |
-107,470 |
-9,956 |
-2,909 |
| Operating Cash Flow to CapEx |
|
4,692.72% |
0.00% |
969.85% |
59.93% |
18,208.33% |
4,440.12% |
2,678.75% |
-3,541.32% |
2,523.52% |
| Free Cash Flow to Firm to Interest Expense |
|
0.00 |
-10.99 |
0.43 |
0.81 |
0.16 |
-0.94 |
-10.72 |
-0.27 |
-0.06 |
| Operating Cash Flow to Interest Expense |
|
5.64 |
5.60 |
0.40 |
0.05 |
20.25 |
9.20 |
2.85 |
-1.29 |
0.87 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
5.52 |
5.60 |
0.36 |
-0.03 |
20.14 |
8.99 |
2.74 |
-1.32 |
0.84 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.00 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.02 |
0.03 |
0.03 |
| Fixed Asset Turnover |
|
0.00 |
6.81 |
7.23 |
7.58 |
5.55 |
4.59 |
3.37 |
5.34 |
5.93 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
0.00 |
86,022 |
90,829 |
89,303 |
97,965 |
114,707 |
234,382 |
251,378 |
260,126 |
| Invested Capital Turnover |
|
0.00 |
0.65 |
0.33 |
0.35 |
0.35 |
0.32 |
0.14 |
0.15 |
0.16 |
| Increase / (Decrease) in Invested Capital |
|
0.00 |
86,022 |
4,807 |
-1,526 |
8,663 |
16,742 |
119,676 |
16,995 |
8,748 |
| Enterprise Value (EV) |
|
0.00 |
0.00 |
0.00 |
4,325 |
-126,300 |
-46,876 |
154,389 |
195,707 |
167,193 |
| Market Capitalization |
|
0.00 |
0.00 |
0.00 |
86,825 |
69,977 |
119,463 |
108,682 |
96,787 |
99,012 |
| Book Value per Share |
|
$0.00 |
$0.00 |
$21.93 |
$25.02 |
$37.21 |
$31.56 |
$30.46 |
$29.98 |
$31.60 |
| Tangible Book Value per Share |
|
$0.00 |
$0.00 |
$14.05 |
$16.92 |
$29.23 |
$23.41 |
$22.43 |
$21.52 |
$22.83 |
| Total Capital |
|
0.00 |
86,022 |
90,829 |
89,303 |
97,965 |
114,707 |
234,382 |
251,378 |
260,126 |
| Total Debt |
|
0.00 |
27,579 |
30,002 |
22,567 |
26,274 |
34,189 |
152,717 |
170,623 |
177,508 |
| Total Long-Term Debt |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
119,353 |
138,442 |
149,160 |
| Net Debt |
|
0.00 |
-31,870 |
-115,116 |
-103,436 |
-200,519 |
-189,543 |
19,593 |
72,773 |
42,167 |
| Capital Expenditures (CapEx) |
|
595 |
0.00 |
446 |
1,054 |
947 |
911 |
1,066 |
1,329 |
1,562 |
| Net Nonoperating Expense (NNE) |
|
1,145 |
1,078 |
864 |
775 |
1,106 |
1,089 |
-574 |
-623 |
-504 |
| Net Nonoperating Obligations (NNO) |
|
0.00 |
27,579 |
30,002 |
22,567 |
26,274 |
34,189 |
152,717 |
170,623 |
177,508 |
| Total Depreciation and Amortization (D&A) |
|
999 |
547 |
1,057 |
1,069 |
1,607 |
1,667 |
1,295 |
1,377 |
1,454 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.00 |
$0.00 |
$6.02 |
$6.26 |
$6.43 |
$7.73 |
$9.48 |
$0.00 |
$3.39 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
0.00 |
1.83B |
1.81B |
1.82B |
1.82B |
1.82B |
1.79B |
1.75B |
| Adjusted Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$6.01 |
$6.25 |
$6.43 |
$7.72 |
$9.47 |
$0.00 |
$3.39 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
0.00 |
1.83B |
1.81B |
1.82B |
1.82B |
1.82B |
1.79B |
1.75B |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
0.00 |
1.83B |
1.81B |
1.82B |
1.82B |
1.82B |
1.79B |
1.75B |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
7,808 |
9,253 |
9,520 |
9,773 |
10,025 |
12,622 |
12,205 |
7,238 |
6,144 |
| Normalized NOPAT Margin |
|
30.47% |
32.88% |
32.21% |
31.28% |
30.60% |
36.65% |
50.72% |
19.82% |
14.97% |
| Pre Tax Income Margin |
|
31.02% |
34.03% |
35.41% |
32.21% |
27.30% |
40.13% |
62.23% |
25.43% |
18.93% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
1.98 |
1.62 |
1.14 |
0.88 |
1.31 |
3.64 |
1.49 |
0.35 |
0.28 |
| NOPAT to Interest Expense |
|
1.58 |
1.32 |
0.88 |
0.70 |
1.18 |
2.87 |
1.22 |
0.19 |
0.13 |
| EBIT Less CapEx to Interest Expense |
|
1.85 |
1.62 |
1.10 |
0.81 |
1.19 |
3.43 |
1.39 |
0.32 |
0.24 |
| NOPAT Less CapEx to Interest Expense |
|
1.46 |
1.32 |
0.84 |
0.62 |
1.07 |
2.66 |
1.11 |
0.16 |
0.09 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
43.90% |
0.00% |
41.52% |
44.22% |
30.77% |
38.85% |
38.24% |
54.78% |
80.98% |
| Augmented Payout Ratio |
|
49.35% |
13.28% |
54.76% |
63.35% |
37.89% |
38.85% |
50.83% |
95.07% |
126.18% |
Quarterly Metrics And Ratios for Toronto Dominion Bank
No quarterly metrics and ratios for Toronto Dominion Bank are available.
Key Financial Trends
Toronto Dominion Bank (NYSE: TD) has demonstrated notable changes in its balance sheet composition over the last three fiscal years, ending Q4 2024. Below is an analysis of key trends and their potential implications for investors.
- Total Assets Growth: Total assets increased from approximately $1.41 trillion in 2022 to $1.48 trillion in 2024, indicating steady growth in the bank's scale and operations.
- Increase in Loans and Leases, Net: Net loans and leases rose from $609.3 billion in 2022 to $681.2 billion in 2024, showing strong lending activity, a primary revenue source for the bank.
- Growing Equity Base: Total equity and noncontrolling interests increased from $81.7 billion in 2022 to $82.6 billion in 2024, supporting the bank’s financial stability and capital adequacy.
- Goodwill and Intangible Assets Expansion: Goodwill increased modestly to $13.5 billion and intangible assets grew to $2.18 billion by 2024, reflecting possible acquisitions or investments in technology and brand.
- Robust Trading Account Securities: Trading securities remained strong around $593 billion in 2024, providing liquidity and income diversification.
- Allowance for Loan and Lease Losses: Increased to $5.81 billion in 2024 from $4.72 billion in 2022, indicating conservative provisioning and preparedness for potential credit losses.
- Cash and Due from Banks Fluctuation: Cash holdings declined to $4.62 billion in 2024 from $6.27 billion in 2022, showing shifts in liquidity management strategy.
- Accumulated Other Comprehensive Income (AOCI): Rose to $5.67 billion in 2024, indicating gains or favorable adjustments in items not reflected in net income, such as unrealized gains on securities.
- Deferred Acquisition Cost Stability: Mild increase in deferred acquisition costs suggests consistent investment in future revenues.
- Increase in Federal Funds Purchased and Securities Sold: This liability grew from $132.6 billion in 2022 to $187.4 billion in 2024, reflecting increased short-term borrowing which could raise interest expense.
- Rising Long-Term Debt: Long-term debt increased to $149.2 billion in 2024 from $119.4 billion in 2022, suggesting more leverage, which could pressure profitability if not managed carefully.
- Decline in Retained Earnings: Retained earnings decreased to $50.8 billion in 2024 from $54 billion in 2022, possibly due to higher dividend payouts or write-downs affecting internal capital generation.
- Decrease in Treasury Stock Value: Treasury stock figure improved (less negative) which may indicate repurchasing activities that could impact cash reserves negatively if excessive.
Summary: Toronto Dominion Bank shows steady growth in assets and lending activities with a stronger equity position, which underpins financial stability. However, the rising debt levels and increased short-term liabilities could elevate financial risk. Investors should watch how the bank manages credit quality, debt levels, and capital retention amid evolving economic conditions.
10/24/25 04:21 AM ETAI Generated. May Contain Errors.