Quarterly ResultMar 30, 2026, 01:46 AM
Toronto-Dominion Bank Earnings Coverage: Dividend and Interest Requirements Covered 16.1x on Adjusted Basis
AI Summary
Toronto-Dominion Bank's earnings coverage on subordinated notes and debentures, preferred shares, and capital trust securities for the twelve months ended October 31, 2025, shows a reported net income coverage of 20.3 times the aggregate dividend and interest requirement. On an adjusted basis, the coverage was 16.1 times, indicating the bank's capacity to meet its obligations.
Key Highlights
- Dividend requirements on preferred shares and other equity instruments amounted to $660 million.
- Interest and dividend requirements on subordinated notes and debentures, preferred shares, and capital trust securities totaled $1,189 million.
- Reported net income before interest and taxes was $24,166 million, while adjusted net income was $19,183 million.
Price Impact
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