How Toronto Dominion Bank makes money

Period

FY2025

How does Toronto Dominion Bank make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Toronto Dominion Bank (The) · FY2025 · year ended 2025-10-31

Revenue$48.4BGross profit$48.4B · 100%Cost of revenue$0 · 0%Operating income$48.4B · 100%Operating expenses$0 · 0%Pre-tax income$17.1B · 35%Other expense$31.3B · 65%Net income$14.7B · 30%Income tax$2.4B · 5%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.