Segmented Information	6 Months Ended
Apr. 30, 2026
Segmented Information [abstract]
Segmented Information	NOTE 18: SEGMENTED INFORMATION For management reporting purposes, the Bank reports its results from business operations and activities under four key business segments: Canadian Personal and Commercial Banking, U.S. Banking, Wealth Management and Insurance, and Wholesale Banking. The Bank’s other activities are grouped into the Corporate segment. Effective the first quarter of 2026, the Bank renamed its U.S. Retail segment to U.S. Banking to better reflect the segment’s financial products and services. Canadian Personal and Commercial Banking provides financial products and services to personal, small business and commercial customers, and includes TD Auto Finance Canada. U.S. Banking is comprised of personal and business banking in the U.S., TD Auto Finance U.S., and the U.S. wealth business. Effective the first quarter of 2026, non-interest income within U.S. Banking is adjusted for the Bank’s share of losses from community-based tax-advantaged investments accounted for using the equity method which are reclassified to provision for income taxes. The adjustment for the three and six months ended April 30, 2026 was $ 179 million (US$ 131 million) and $ 363 million (US$ 263 million), respectively (three and six months ended April 30, 2025 – $ 161 million (US$ 113 million) and $ 325 million (US$ 229 million), respectively). Comparative amounts have been reclassified to conform with the presentation adopted in the first quarter of 2026. On February 12, 2025, the Bank sold its entire remaining equity investment in Schwab. Prior to the sale, the Bank’s investment in Schwab was reported in the U.S. Banking segment, refer to Note 7 for further details. Wealth Management and Insurance includes the Canadian wealth business which provides investment products and services to institutional and retail investors, and the insurance business which provides property and casualty insurance, as well as life and health insurance products to customers across Canada. Wholesale Banking provides a wide range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and meeting the daily trading, funding, and investment needs of the Bank’s clients. The Corporate segment includes the effects of certain asset securitization programs, treasury management, elimination of taxable equivalent adjustments and other management reclassifications, corporate level tax items, and residual unallocated revenue and expenses. The following table summarizes the segment results for the three and six months ended April 30, 2026 and April 30, 2025. Results by Business Segment 1 (millions of Canadian dollars) Canadian Wealth Personal and Management Commercial Banking U.S. Banking and Insurance Wholesale Banking 2 Corporate 2 Total For the three months ended April 30 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 Net interest income (loss) $ 4,289 $ 4,023 $ 3,196 $ 3,038 $ 423 $ 362 $ 276 $ 45 $ 677 $ 657 $ 8,861 $ 8,125 Non-interest income (loss) 967 968 588 (284) 3,355 3,141 2,117 2,084 (91) 8,903 6,936 14,812 Total revenue 5,256 4,991 3,784 2,754 3,778 3,503 2,393 2,129 586 9,560 15,797 22,937 Provision for (recovery of) credit losses 498 622 342 442 – – 78 123 83 154 1,001 1,341 Insurance service expenses – – – – 1,398 1,417 – – – – 1,398 1,417 Non-interest expenses 2,088 2,052 2,476 2,338 1,249 1,131 1,509 1,461 1,050 1,157 8,372 8,139 Income (loss) before income taxes and share of net income from investment in Schwab 2,670 2,317 966 (26) 1,131 955 806 545 (547) 8,249 5,026 12,040 Provision for (recovery of) income taxes 745 649 153 (68) 294 248 194 126 (611) 30 775 985 Share of net income from investment in Schwab 3,4 – – – 78 – – – – – (4) – 74 Net income (loss) $ 1,925 $ 1,668 $ 813 $ 120 $ 837 $ 707 $ 612 $ 419 $ 64 $ 8,215 $ 4,251 $ 11,129 For the six months ended April 30 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 Net interest income (loss) $ 8,683 $ 8,158 $ 6,492 $ 6,102 $ 829 $ 731 $ 201 $ (62) $ 1,445 $ 1,062 $ 17,650 $ 15,991 Non-interest income (loss) 1,994 1,982 1,377 (402) 6,855 6,370 4,662 4,191 (156) 8,854 14,732 20,995 Total revenue 10,677 10,140 7,869 5,700 7,684 7,101 4,863 4,129 1,289 9,916 32,382 36,986 Provision for (recovery of) credit losses 934 1,143 637 893 – – 250 195 219 322 2,040 2,553 Insurance service expenses – – – – 3,020 2,924 – – – – 3,020 2,924 Non-interest expenses 4,235 4,138 4,944 4,718 2,507 2,304 3,072 2,996 2,367 2,053 17,125 16,209 Income (loss) before income taxes and share of net income from investment in Schwab 5,508 4,859 2,288 89 2,157 1,873 1,541 938 ( 1,297 ) 7,541 10,197 15,300 Provision for (recovery of) income taxes 1,539 1,360 435 (96) 563 486 368 220 ( 1,002 ) (287) 1,903 1,683 Share of net income from investment in Schwab 3,4 – – – 277 – – – – – 28 – 305 Net income (loss) $ 3,969 $ 3,499 $ 1,853 $ 462 $ 1,594 $ 1,387 $ 1,173 $ 718 $ (295) $ 7,856 $ 8,294 $ 13,922 The retailer program partners’ share of revenues and credit losses is presented in the Corporate segment, with an offsetting amount (representing the partners’ net share) recorded in non-interest expenses, resulting in no impact to Corporate reported net income (loss). Net income (loss) included in the U.S. Banking segment includes only the portion of revenue and credit losses attributable to the Bank under the agreements. 2 Net interest income within Wholesale Banking is calculated on a taxable equivalent basis (TEB). The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. 3 The after-tax amount for amortization of acquired intangibles was recorded in the Corporate segment. 4 The Bank’s share of Schwab’s earnings was reported with a one-month lag. Refer to Note 7 for further details. Total Assets by Business Segment (millions of Canadian dollars) Canadian Wealth Personal and Management Wholesale Commercial Banking U.S. Banking and Insurance Banking Corporate Total As at April 30, 2026 Total assets $ 626,142 $ 508,946 $ 27,370 $ 763,319 $ 159,328 $ 2,085,105 As at October 31, 2025 Total assets $ 616,115 $ 530,729 $ 25,231 $ 754,391 $ 168,092 $ 2,094,558

For management reporting purposes, the Bank

reports its results from business operations

and activities under four key business

segments:

Canadian Personal

and Commercial Banking, U.S. Banking,

Wealth Management and Insurance, and Wholesale

Banking. The Bank’s other activities are grouped

into the Corporate

segment. Effective the first quarter of 2026, the

Bank renamed its U.S. Retail segment to

U.S. Banking to better reflect the segment’s financial

products and

services.

Canadian Personal and Commercial

Banking provides financial products and services

to personal, small business and commercial

customers, and includes

TD Auto Finance Canada. U.S. Banking is

comprised of personal and business banking

in the U.S., TD Auto Finance U.S., and the

U.S. wealth business.

Effective

the first quarter of 2026, non-interest income

within U.S. Banking is adjusted for the Bank’s

share of losses from community-based

tax-advantaged investments

accounted for using the equity method

which are reclassified to provision for income

taxes. The adjustment for the three and

six months ended April 30, 2026 was

179

million (US$

131

million) and $

363

million (US$

263

million), respectively (three and six months

ended April 30, 2025 – $

161

million (US$

113

million) and

325

million (US$

229

million), respectively). Comparative amounts

have been reclassified to conform

with the presentation adopted in the first

quarter of 2026. On

February 12, 2025, the Bank sold its entire remaining

equity investment in Schwab.

Prior to the sale, the Bank’s investment in Schwab

was reported in the U.S.

Banking segment,

refer to Note 7 for further details.

Wealth Management and Insurance includes the

Canadian wealth business which provides investment

products and services to institutional and retail

investors, and the insurance business which

provides property and casualty insurance,

as well as life and health

insurance products to customers across

Canada. Wholesale Banking provides a wide

range of capital markets, investment banking,

and corporate banking

products and services,

including underwriting and distribution

of new debt and equity issues, providing

advice on strategic acquisitions and divestitures,

and

meeting the daily trading, funding, and investment

needs of the Bank’s clients. The Corporate

segment includes the effects of certain asset securitization

programs, treasury management, elimination

of taxable equivalent adjustments and other

management reclassifications, corporate level

tax items, and residual

unallocated revenue and expenses.

The following table summarizes the segment

results for the three and six months ended

April 30, 2026 and April 30, 2025.

Results by Business Segment

(millions of Canadian dollars)

Canadian

Wealth

Personal and

Management

Commercial Banking

U.S. Banking

and Insurance

Wholesale Banking

Corporate

Total

For the three months ended April 30

2026

2025

2026

2025

2026

2025

2026

2025

2026

2025

2026

2025

Net interest income (loss)

4,289

4,023

3,196

3,038

423

362

276

677

657

8,861

8,125

Non-interest income (loss)

967

968

588

(284)

3,355

3,141

2,117

2,084

(91)

8,903

6,936

14,812

Total revenue

5,256

4,991

3,784

2,754

3,778

3,503

2,393

2,129

586

9,560

15,797

22,937

Provision for (recovery of)

credit losses

498

622

342

442

–

123

154

1,001

1,341

Insurance service expenses

–

1,398

1,417

–

1,398

1,417

Non-interest expenses

2,088

2,052

2,476

2,338

1,249

1,131

1,509

1,461

1,050

1,157

8,372

8,139

Income (loss) before income taxes

and share of net income from

investment in Schwab

2,670

2,317

966

(26)

1,131

955

806

545

(547)

8,249

5,026

12,040

Provision for (recovery of)

income taxes

745

649

153

(68)

294

248

194

126

(611)

775

985

Share of net income from

investment in Schwab

3,4

–

(4)

–

Net income (loss)

1,925

1,668

813

120

837

707

612

419

8,215

4,251

11,129

For the six months ended April 30

2026

2025

2026

2025

2026

2025

2026

2025

2026

2025

2026

2025

Net interest income (loss)

8,683

8,158

6,492

6,102

829

731

201

(62)

1,445

1,062

17,650

15,991

Non-interest income (loss)

1,994

1,982

1,377

(402)

6,855

6,370

4,662

4,191

(156)

8,854

14,732

20,995

Total revenue

10,677

10,140

7,869

5,700

7,684

7,101

4,863

4,129

1,289

9,916

32,382

36,986

Provision for (recovery of)

credit losses

934

1,143

637

893

–

250

195

219

322

2,040

2,553

Insurance service expenses

–

3,020

2,924

–

3,020

2,924

Non-interest expenses

4,235

4,138

4,944

4,718

2,507

2,304

3,072

2,996

2,367

2,053

17,125

16,209

Income (loss) before income taxes

and share of net income from

investment in Schwab

5,508

4,859

2,288

2,157

1,873

1,541

938

(

1,297

)

7,541

10,197

15,300

Provision for (recovery of)

income taxes

1,539

1,360

435

(96)

563

486

368

220

(

1,002

)

(287)

1,903

1,683

Share of net income from

investment in Schwab

3,4

–

277

–

305

Net income (loss)

3,969

3,499

1,853

462

1,594

1,387

1,173

718

(295)

7,856

8,294

13,922

The retailer program partners’ share of revenues and credit losses is presented in the Corporate segment, with an

offsetting amount (representing the partners’ net share) recorded in

non-interest expenses, resulting in no impact to Corporate reported net income (loss). Net income (loss) included

in the U.S. Banking segment includes only the portion of revenue and

credit losses attributable to the Bank under the agreements.

Net interest income within Wholesale Banking is calculated on a taxable equivalent basis (TEB). The TEB adjustment

reflected in Wholesale Banking is reversed in the Corporate

segment.

The after-tax amount for amortization of acquired intangibles was recorded in the Corporate segment.

The Bank’s share of Schwab’s earnings was reported with a one-month lag. Refer to

Note 7 for further details.