Toronto Historical Income Statement

TD Stock  USD 56.39  0.51  0.91%   
Historical analysis of Toronto Dominion income statement accounts such as Gross Profit of 63.9 B, Other Operating Expenses of 28.7 B or Operating Income of 15.5 B can show how well Toronto Dominion Bank performed in making a profits. Evaluating Toronto Dominion income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Toronto Dominion's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Toronto Dominion Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Toronto Dominion Bank is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

About Toronto Income Statement Analysis

Toronto Dominion Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Toronto Dominion shareholders. The income statement also shows Toronto investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Toronto Dominion Income Statement Chart

At present, Toronto Dominion's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 23.5 B, whereas EBIT is forecasted to decline to about 15.3 B.

Total Revenue

Total revenue comprises all receipts Toronto Dominion Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Toronto Dominion Bank minus its cost of goods sold. It is profit before Toronto Dominion operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Toronto Dominion Bank. It is also known as Toronto Dominion overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Toronto Dominion's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Toronto Dominion Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At present, Toronto Dominion's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 23.5 B, whereas EBIT is forecasted to decline to about 15.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense13.7B50.7B58.3B61.3B
Depreciation And Amortization1.8B1.9B2.2B2.3B

Toronto Dominion income statement Correlations

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0.670.820.990.990.790.560.260.32-0.510.460.84-0.40.560.810.750.920.650.820.840.73
0.610.740.991.00.80.60.350.41-0.480.340.89-0.380.660.830.810.870.670.810.760.73
0.630.790.991.00.80.580.30.36-0.480.410.86-0.40.610.830.790.90.660.830.810.74
0.580.590.790.80.80.08-0.16-0.1-0.570.110.570.00.420.470.60.60.30.660.610.74
0.220.360.560.60.580.080.810.85-0.080.270.75-0.520.760.750.650.580.780.620.380.35
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0.02-0.040.320.410.36-0.10.850.990.09-0.150.7-0.320.760.620.640.30.620.24-0.010.1
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0.330.110.560.660.610.420.760.70.76-0.34-0.230.86-0.040.70.830.460.690.590.150.54
0.390.610.810.830.830.470.750.590.62-0.280.350.93-0.40.70.840.850.950.720.640.56
0.390.390.750.810.790.60.650.60.64-0.330.020.92-0.180.830.840.660.760.690.440.64
0.730.860.920.870.90.60.580.230.3-0.540.650.79-0.430.460.850.660.760.840.880.75
0.30.510.650.670.660.30.780.590.62-0.230.350.84-0.350.690.950.760.760.720.550.52
0.620.790.820.810.830.660.620.170.24-0.540.530.71-0.290.590.720.690.840.720.820.85
0.581.00.840.760.810.610.38-0.05-0.01-0.430.830.53-0.470.150.640.440.880.550.820.64
0.830.60.730.730.740.740.350.00.1-0.650.310.65-0.170.540.560.640.750.520.850.64
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Toronto Dominion Account Relationship Matchups

Toronto Dominion income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.1B2.1B1.8B1.9B2.2B2.3B
Interest Expense10.0B5.5B13.7B50.7B58.3B61.3B
Selling General Administrative14.8B15.1B16.3B19.5B22.4B23.5B
Total Revenue43.3B42.3B45.8B49.2B56.6B59.4B
Gross Profit43.3B42.3B45.8B52.9B60.9B63.9B
Other Operating Expenses30.2B24.3B10.7B23.8B27.4B28.7B
Operating Income13.0B17.9B35.1B25.4B29.2B15.5B
Ebit13.0B17.9B35.1B14.0B16.0B15.3B
Ebitda15.2B20.0B36.9B15.9B18.2B16.3B
Total Operating Expenses(30.2B)(24.3B)(10.7B)23.8B21.4B22.5B
Income Before Tax11.9B17.1B20.4B14.0B16.0B16.8B
Total Other Income Expense Net(5.2B)(6.2B)(5.8B)(11.4B)(10.3B)(10.8B)
Net Income11.9B14.3B17.4B10.8B12.4B6.3B
Income Tax Expense1.2B3.6B4.0B3.2B3.6B3.8B
Net Income From Continuing Ops11.9B14.3B17.4B10.8B12.4B13.0B
Net Income Applicable To Common Shares11.6B14.0B17.2B10.2B11.8B6.9B
Selling And Marketing Expenses740M1.2B1.4B1.5B1.7B1.8B
Tax Provision1.2B3.6B4.0B3.2B3.6B2.9B
Net Interest Income25.6B24.1B27.4B29.9B34.4B26.0B
Interest Income33.9B28.0B41.0B80.7B92.8B97.4B
Reconciled Depreciation2.1B2.1B1.8B1.9B2.2B1.9B

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Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
4.02
Earnings Share
3.07
Revenue Per Share
29.497
Quarterly Revenue Growth
0.079
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.