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The Toronto-Dominion Bank (TSX:TD.PF.L.PFD) Credit Losses Provision : C$4,253.00 Mil (As of Oct. 2024)


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What is The Toronto-Dominion Bank Credit Losses Provision?

The Toronto-Dominion Bank's credit losses provision for the three months ended in Oct. 2024 was C$1,109.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Oct. 2024 was C$4,253.00 Mil.

The Toronto-Dominion Bank's quarterly credit losses provision declined from Apr. 2024 (C$1,072.00 Mil) to Jul. 2024 (C$1,071.00 Mil) but then increased from Jul. 2024 (C$1,071.00 Mil) to Oct. 2024 (C$1,109.00 Mil).

The Toronto-Dominion Bank's annual credit losses provision increased from Oct. 2022 (C$1,067.00 Mil) to Oct. 2023 (C$2,933.00 Mil) and increased from Oct. 2023 (C$2,933.00 Mil) to Oct. 2024 (C$4,253.00 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 Credit Losses Provision Chart

The Toronto-Dominion Bank Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,242.00 -224.00 1,067.00 2,933.00 4,253.00

The Toronto-Dominion Bank Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 877.00 1,001.00 1,072.00 1,071.00 1,109.00

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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4,253.00 Mil.

* 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.


The Toronto-Dominion Bank Business Description

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

The Toronto-Dominion Bank Headlines

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