← TORONTO DOMINION BANK

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net income — — — $11.7b $11.9b $14.3b $17.4b $10.8b $8.8b $20.5b
Share of net income from investment in Schwab ($433.0m) ($449.0m) ($743.0m) ($1.2b) ($1.1b) ($785.0m) ($991.0m) ($864.0m) ($703.0m) ($305.0m)
Net Income From Continuing Operations — — — — — — $17.4b $10.6b $8.8b $20.5b
Other Adjustments To Reconcile Profit Loss — — ($9.0b) ($2.2b) ($869.0m) — — — — —
Depreciation $629.0m $603.0m $576.0m $605.0m $1.3b $1.4b $1.2b $1.2b $1.3b $1.4b
Amortization of other intangibles $708.0m $704.0m $815.0m $800.0m $817.0m $706.0m $599.0m $672.0m $702.0m $780.0m
Amortization Cash Flow — — — — — — $599.0m $672.0m $702.0m $780.0m
Amortization Of Intangibles — — — — — — $599.0m $672.0m $702.0m $780.0m
Depreciation Amortization Depletion — — — — — — $1.8b $1.9b $2.0b $2.2b
Adjustments For Deferred Tax Of Prior Periods — — $7.0m ($97.0m) $11.0m ($76.0m) $246.0m ($576.0m) $206.0m $59.0m
Deferred taxes $103.0m $175.0m $385.0m ($33.0m) ($1.1b) $258.0m $502.0m ($1.3b) ($1.1b) ($764.0m)
Deferred Income Tax — — — — — — $502.0m ($1.3b) ($1.1b) ($764.0m)
Deferred Tax — — — — — — $502.0m ($1.3b) ($1.1b) ($764.0m)
Earnings (Loss)es From Equity Investments — — — — — — ($991.0m) ($864.0m) ($703.0m) ($305.0m)
Additional Financial Items
Adjustments For Current Tax Of Prior Period — — ($76.0m) $93.0m ($70.0m) ($7.0m) ($309.0m) $1.2b ($204.0m) ($107.0m)
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates — — — — — — — — $1.0b $9.2b
Goodwill — — $16.5b $17.0b $17.1b $16.2b $17.7b $18.6b $18.9b $19.0b
Interest Received Classified As Operating Activities — — $34.8b $40.3b $34.1b $28.1b $37.6b $76.6b $91.0b $84.8b
Payments Of Lease Liabilities Classified As Financing Activities — — — — $596.0m $543.0m $663.0m — — —
Proceeds From Borrowings Classified As Financing Activities — — — — — — — — $3.3b $2.3b
Provision for (recovery of) credit losses $2.3b $2.2b $2.5b $3.0b $7.2b ($224.0m) $1.1b $2.9b $4.3b $4.5b
Net securities loss/(gain) ($54.0m) ($128.0m) ($111.0m) ($78.0m) ($40.0m) ($14.0m) ($60.0m) $48.0m $358.0m $2.0b
Gain on sale of Schwab shares — — — — ($1.5b) — ($997.0m) $0 ($1.0b) ($9.2b)
Interest receivable and payable $7.0m ($283.0m) ($104.0m) ($26.0m) ($108.0m) ($288.0m) ($412.0m) $812.0m $1.1b ($1.1b)
Securities sold under repurchase agreements ($18.2b) $39.6b $4.8b $32.5b $63.0b ($44.8b) ($16.1b) $36.8b $35.0b $19.2b
Securities purchased under reverse repurchase agreements $11.3b ($48.4b) $7.0b ($38.6b) ($3.2b) $1.9b $7.1b ($41.9b) ($3.9b) ($38.9b)
Obligations related to securities sold short ($5.7b) $2.4b $4.0b ($9.8b) $5.3b $7.0b $3.1b ($2.7b) ($5.1b) $4.3b
Trading loans, securities, and other ($4.1b) ($4.7b) ($24.1b) ($18.1b) ($2.3b) $1.2b $3.9b ($5.3b) ($23.7b) ($44.4b)
Loans net of securitization and sales ($44.2b) ($22.3b) ($45.6b) ($41.7b) ($39.6b) ($3.7b) ($109.5b) ($67.8b) ($57.9b) ($8.0b)
Deposits $81.9b $40.1b $53.4b ($52.3b) $240.6b ($6.5b) $105.8b ($25.5b) $69.9b $5.9b
Derivatives $5.4b $1.8b ($3.7b) $9.9b ($2.2b) $3.7b ($15.4b) ($2.3b) $6.0b $6.1b
Non-trading financial assets at fair value through profit or loss — — $5.3b ($2.4b) ($2.0b) ($842.0m) ($1.6b) $3.9b $1.5b ($1.5b)
Financial assets and liabilities designated at fair value through profit or loss $95.0m $251.0m ($468.0m) $104.7b ($46.2b) $54.5b $48.3b $28.6b $15.2b ($10.8b)
Securitization liabilities ($3.3b) ($1.6b) ($1.5b) ($157.0m) $2.3b ($719.0m) ($1.1b) ($552.0m) $5.6b $7.4b
Current taxes $845.0m ($419.0m) ($780.0m) ($771.0m) $280.0m $239.0m ($4.1b) $1.2b $658.0m $441.0m
Amounts receivable and payable from brokers, dealers, and clients ($247.0m) $2.5b ($1.4b) $1.7b ($2.0b) ($4.6b) $8.8b ($5.1b) $4.0b ($4.4b)
Other, including unrealized foreign currency translation loss/(gain) — — — $1.1b ($1.9b) $27.3b ($8.6b) $1.0b ($6.2b) ($22.9b)
Issuance of subordinated notes and debentures $3.3b $1.5b $1.8b $1.7b $3.0b — — $0 $3.3b $2.3b
Redemption or repurchase of subordinated notes and debentures ($979.0m) ($2.5b) ($2.5b) $24.0m ($2.5b) ($7.0m) $6.0m ($1.7b) ($1.5b) ($3.2b)
Common shares issued, net of issuance costs $152.0m $125.0m $128.0m $105.0m $68.0m $145.0m $108.0m $74.0m $100.0m $150.0m
Repurchase of common shares, including tax on net value of share repurchases ($487.0m) ($1.4b) ($1.5b) ($2.2b) ($847.0m) $0 ($2.2b) ($4.3b) ($4.0b) ($6.2b)
Preferred shares and other equity instruments issued, net of issuance costs — — — — — — $5.5b $0 $1.3b $1.8b
Redemption of preferred shares and other equity instruments — — — — ($156.0m) ($700.0m) ($1.0b) ($400.0m) ($1.3b) ($1.1b)
Sale of treasury shares and other equity instruments — — — $10.0b $8.8b $10.9b $11.2b $8.5b $11.9b $14.7b
Purchase of treasury shares and other equity instruments — — — ($9.9b) ($8.9b) ($11.1b) ($11.1b) ($8.5b) ($11.8b) ($14.6b)
Repayment of lease liabilities — — — — ($596.0m) ($543.0m) ($663.0m) ($643.0m) ($678.0m) ($1.7b)
Interest-bearing deposits with banks ($11.2b) $2.5b $20.5b $5.1b ($138.6b) ($729.0m) $30.5b $41.4b ($71.2b) $61.6b
Purchases ($41.0m) ($2.5b) ($51.7b) ($51.2b) ($146.7b) ($153.9b) ($149.6b) ($27.0b) ($11.3b) ($53.4b)
Proceeds from maturities $654.0m $337.0m $20.1b $28.4b $51.4b $92.1b $68.7b $52.8b $49.6b $49.6b
Proceeds from sales $1.0m $447.0m $670.0m $1.4b $1.4b $2.4b $8.7b $12.0b $5.8b $39.0b
Net purchases of land, buildings, equipment, other depreciable assets, and other intangibles ($797.0m) ($434.0m) ($587.0m) ($794.0m) ($1.8b) ($1.1b) ($1.5b) ($1.8b) ($2.2b) ($2.1b)
Cash and due from banks at beginning of year $3.9b $4.0b $4.7b $4.9b $6.4b $5.9b $8.6b $6.7b $6.4b $7.5b
Amount of interest received during the year $25.6b $28.4b $34.8b $40.3b $34.1b $28.1b $37.6b $76.6b $91.0b $84.8b
Beginning Cash Position — — — — — — $5.9b $8.6b $6.7b $6.4b
Cash Flow From Continuing Financing Activities — — — — — — ($4.8b) ($12.8b) ($9.8b) ($15.5b)
Cash Flow From Continuing Investing Activities — — — — — — ($31.9b) $76.2b ($45.4b) $86.2b
Change In Other Working Capital — — — — — — $135.9b $33.0m $87.1b ($24.0b)
Change In Working Capital — — — — — — $20.2b ($78.7b) $42.2b ($88.6b)
Changes In Cash — — — — — — $2.2b ($1.9b) ($298.0m) $1.0b
End Cash Position — — — — — — $8.6b $6.7b $6.4b $7.5b
Financing Cash Flow — — — — — — ($4.8b) ($12.8b) ($9.8b) ($15.5b)
Free Cash Flow — — — — — — $37.5b ($67.1b) $52.8b ($71.8b)
Gain Loss On Investment Securities — — — — — — ($60.0m) $48.0m $358.0m $2.0b
Gain Loss On Sale Of Business — — — — — — ($997.0m) $0 ($1.0b) ($9.2b)
Investing Cash Flow — — — — — — ($31.9b) $76.2b ($45.4b) $86.2b
Issuance Of Capital Stock — — — — — — $16.8b $8.6b $13.4b $16.6b
Net Business Purchase And Sale — — — — — — $2.5b ($624.0m) $3.4b $20.8b
Net PPE Purchase And Sale — — — — — — ($1.5b) ($1.8b) ($2.2b) ($2.1b)
Net Preferred Stock Issuance — — — — — — $4.5b ($400.0m) $28.0m $730.0m
Operating Gains Losses — — — — — — ($2.0b) ($816.0m) ($1.4b) ($7.5b)
Preferred Stock Issuance — — — — — — $5.5b $0 $1.3b $1.8b
Preferred Stock Payments — — — — — — ($1.0b) ($400.0m) ($1.3b) ($1.1b)
Purchase Of PPE — — — — — — ($1.5b) ($1.8b) ($2.2b) ($2.1b)
Repurchase Of Capital Stock — — — — — — ($14.3b) ($13.2b) ($17.1b) ($21.9b)
Sale Of Business — — — — — — — — $3.4b $20.8b
Profit or Loss — — $11.3b $11.7b $11.9b $14.3b $17.4b $10.8b $8.8b $20.5b
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities — — — — — — — $57.0m $22.0m $3.0m
Net Investment Purchase And Sale — — — — — — ($63.4b) $37.2b $24.5b $6.0b
Purchase Of Investment — — — — — — ($180.7b) ($51.3b) ($53.8b) ($130.6b)
Sale Of Investment — — — — — — $117.3b $88.6b $78.3b $136.6b
Net cash acquired from divestitures — ($2.1b) — ($540.0m) — ($1.9b) $2.5b ($624.0m) $3.4b $20.8b
Net cash from (used in) investing activities ($36.5b) ($18.9b) $1.5b $5.5b ($224.1b) ($45.3b) ($31.9b) $76.2b ($45.4b) $86.2b
Issuance Of Debt — — — — — — $6.0m $0 $3.3b $2.3b
Long Term Debt Issuance — — — — — — $6.0m $0 $3.3b $2.3b
Net Issuance Payments Of Debt — — — — — — ($657.0m) ($2.4b) $1.1b ($2.6b)
Net Long Term Debt Issuance — — — — — — ($657.0m) ($2.4b) $1.1b ($2.6b)
Long Term Debt Payments — — — — — — ($663.0m) ($2.4b) ($2.2b) ($4.9b)
Repayment Of Debt — — — — — — ($663.0m) ($2.4b) ($2.2b) ($4.9b)
Common Stock Issuance — — — — — — $11.3b $8.6b $12.0b $14.8b
Net Common Stock Issuance — — — — — — ($2.0b) ($4.3b) ($3.8b) ($6.0b)
Common Stock Payments — — — — — — ($13.3b) ($12.8b) ($15.8b) ($20.8b)
Dividends Paid Classified As Financing Activities — — $5k $5k $5k $6k $7k $6k $7k $8k
Dividends Paid Ordinary Shares Per Share — — $2.61 $2.89 $3.11 $3.16 $3.56 $3.84 $4.08 $4.20
Dividends paid on shares and distributions paid on other equity instruments ($4k) ($4k) ($5k) ($5k) ($5k) ($6k) ($7k) ($6k) ($7k) ($8k)
Amount of dividends received during the year $921 $1k $1k $2k $2k $2k $2k $2k $3k $3k
Cash Dividends Paid — — — — — — ($6.7b) ($5.8b) ($7.2b) ($7.7b)
Net cash from (used in) financing activities ($247.0m) ($7.0b) ($6.5b) ($5.7b) ($6.1b) ($5.0b) ($4.8b) ($12.8b) ($9.8b) ($15.5b)
Effect of exchange rate changes on cash and due from banks $51.0m ($94.0m) $49.0m $3.0m $40.0m ($339.0m) $390.0m $88.0m $14.0m $34.0m
Effect Of Exchange Rate Changes — — — — — — $390.0m $88.0m $14.0m $34.0m
Net increase (decrease) in cash and due from banks $753.0m $64.0m $764.0m $128.0m $1.6b ($514.0m) $2.6b ($1.8b) ($284.0m) $1.1b
Change In Cash Supplemental As Reported — — — — — — $2.6b ($1.8b) ($284.0m) $1.1b
Interest Paid Classified As Operating Activities $6.6b $9.0b $13.9b $18.0b $10.3b $5.9b $12.5b $48.2b $61.8b $55.5b
Income Taxes Paid Refund Classified As Operating Activities $1.2b $2.9b $3.5b $3.6b $2.3b $4.1b $4.4b $3.0b $3.8b $4.3b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.