The Toronto-Dominion Bank (The Toronto-Dominion Bank) Credit Losses Provision

: $2,411 Mil (As of Jan. 2024)

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The Toronto-Dominion Bank's credit losses provision for the three months ended in Jan. 2024 was $746 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jan. 2024 was $2,411 Mil.

The Toronto-Dominion Bank's quarterly credit losses provision increased from Jul. 2023 ($580 Mil) to Oct. 2023 ($640 Mil) and increased from Oct. 2023 ($640 Mil) to Jan. 2024 ($746 Mil).

The Toronto-Dominion Bank's annual credit losses provision increased from Oct. 2021 ($-180 Mil) to Oct. 2022 ($779 Mil) and increased from Oct. 2022 ($779 Mil) to Oct. 2023 ($2,139 Mil).

The Toronto-Dominion Bank Credit Losses Provision Historical Data

The historical data trend for The Toronto-Dominion Bank's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Toronto-Dominion Bank Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Credit Losses Provision

2,296.61

5,478.89

-180.15

779.46

2,139.00

The Toronto-Dominion Bank Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Credit Losses Provision																514.08	444.97	579.82	640.32	745.74

The Toronto-Dominion Bank Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,411 Mil.

The Toronto-Dominion Bank (The Toronto-Dominion Bank) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TDBKF.PFD:USA TNTTF.PFD:USA TDB:Germany TDB:Germany TD.PF.M.PFD:Canada TD.PF.L.PFD:Canada TD.PF.J.PFD:Canada TD.PF.I.PFD:Canada TD.PF.E.PFD:Canada TD.PF.D.PFD:Canada TD.PF.C.PFD:Canada TD.PF.B.PFD:Canada TD.PF.A.PFD:Canada TD:Canada

Address

C/o General Counsel’s Office, P.O. Box 1, Toronto-Dominion Centre, King St. W. and Bay St., Toronto, ON, CAN, M5K 1A2

Website

https://www.td.com

Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.