v3.26.1
IFRS 7 Disclosure (Tables)
 9 Months Ended
Jul. 31, 2026
Statement [Line Items]  
Portfolio Market Risk Measures
The following table presents the end of quarter, average, high,
 
and low usage of TD’s VaR metric.
TABLE 29: PORTFOLIO MARKET
 
RISK MEASURES
(millions of Canadian dollars)
For the three months ended
For the nine months ended
July 31
April 30
July 31
July 31
July 31
2026
2026
2025
2026
2025
As at
Average
High
Low
Average
Average
Average
Average
Interest rate risk
$
11.1
$
12.7
$
18.1
$
9.5
$
15.3
$
9.3
$
13.5
$
11.5
Credit spread risk
25.3
22.3
28.6
18.0
19.6
17.3
19.0
19.0
Equity risk
17.2
27.3
47.0
9.7
17.6
12.5
20.4
10.1
Foreign exchange risk
4.8
5.5
9.7
1.6
4.1
3.7
4.9
3.9
Commodity risk
14.3
22.1
30.8
12.9
35.5
30.3
31.4
19.9
Idiosyncratic debt specific risk
19.4
18.3
21.7
14.4
17.1
20.4
16.9
21.1
Diversification effect
1
(57.3)
(71.5)
 
n/m
2
 
n/m
 
(69.1)
(57.2)
(66.5)
(52.0)
Total Value
 
-at-Risk (one-day)
$
34.8
$
36.7
$
48.5
$
28.1
$
40.1
$
36.3
$
39.6
$
33.5
The aggregate VaR is less than the sum of the VaR
 
of the different risk types due to risk offsets resulting from portfolio diversification.
2
 
Not meaningful. It is not meaningful to compute a diversification effect because the high and low may
 
occur on different days for different risk types.
Structural Interest Rate Sensitivity Measures
The following table shows the potential before-tax
 
impact of an immediate and sustained
 
100 bps increase or decrease in interest rates
 
on the EVE and NIIS
measures.
TABLE 30: NON-TRADING INTEREST RATE SENSITIVITY MEASURES
(millions of Canadian dollars)
As at
July 31, 2026
April 30, 2026
July 31, 2025
EVE
NII
EVE
NII
EVE
NII
Sensitivity
Sensitivity
1
Sensitivity
Sensitivity
1
Sensitivity
3
Sensitivity
1,3
Canadian
U.S.
Total
Canadian
U.S.
Total
Total
Total
Total
Total
dollar
2
dollar
dollar
2
dollar
Before-tax impact of
 
 
100 bps increase in rates
$
(1,444)
$
(2,362)
$
(3,806)
$
292
$
49
$
341
$
(3,683)
$
411
$
(3,330)
$
527
 
100 bps decrease in rates
1,425
2,163
3,588
(323)
(48)
(371)
3,407
(461)
2,927
(609)
Represents the twelve-month NII exposure to an immediate and sustained shock in rates, and may include adjustments
 
for non-recurring items.
2
 
Includes other currency exposures.
3
 
Effective the second quarter of 2026, the EVE and NIIS measures include exposures from Wholesale
 
Banking. Prior periods do not include Wholesale Banking exposures.
Summary of Liquid Assets by Type and Currency
TABLE 31: SUMMARY OF LIQUID ASSETS BY TYPE AND CURRENCY
(millions of Canadian dollars, except as noted)
As at
Securities
received as
collateral from
securities
financing and
Bank-owned
derivative
Total
Encumbered
Unencumbered
liquid assets
transactions
liquid assets
liquid assets
liquid assets
1
July 31, 2026
Cash and central bank reserves
$
18,372
$
–
$
18,372
$
2,348
$
16,024
Obligations of government, federal agencies, public sector
 
entities,
and multilateral development banks
2
106,547
107,397
213,944
111,662
102,282
Equities
19,844
9,838
29,682
22,823
6,859
Other debt securities
7,490
25,840
33,330
12,637
20,693
Other securities
–
–
–
–
–
Total Canadian dollar-denominated
152,253
143,075
295,328
149,470
145,858
Cash and central bank reserves
82,336
–
82,336
–
82,336
Obligations of government, federal agencies, public sector
 
entities,
and multilateral development banks
219,052
168,657
387,709
176,155
211,554
Equities
64,720
85,951
150,671
88,002
62,669
Other debt securities
89,301
45,458
134,759
39,672
95,087
Other securities
19,051
1,482
20,533
5,941
14,592
Total non-Canadian dollar-denominated
474,460
301,548
776,008
309,770
466,238
Total
3
$
626,713
$
444,623
$
1,071,336
$
459,240
$
612,096
October 31, 2025
Total Canadian dollar
 
-denominated
$
155,500
$
128,048
$
283,548
$
124,734
$
158,814
Total non-Canadian
 
dollar-denominated
479,607
223,847
703,454
279,201
424,253
Total
$
635,107
$
351,895
$
987,002
$
403,935
$
583,067
Unencumbered liquid assets include on-balance sheet assets, assets borrowed or purchased under resale agreements,
 
and other off-balance sheet collateral received less encumbered
liquid assets.
2
 
Includes National Housing Act Mortgage-Backed Securities (NHA MBS).
3
 
Effective April 30, 2026, collateral received from margin loans and collateral delivered to facilitate client
 
shorts has been included
Summary of Unencumbered Liquid Assets by Bank, Subsidiaries, and Branches
TABLE 32: SUMMARY OF UNENCUMBERED LIQUID ASSETS BY
 
BANK, SUBSIDIARIES, AND BRANCHES
(millions of Canadian dollars)
As at
 
July 31
October 31
2026
2025
The Toronto-Dominion Bank (Parent)
$
227,834
$
257,722
Bank subsidiaries
356,030
306,961
Foreign branches
28,232
18,384
Total
$
612,096
$
583,067
Summary of Deposit Funding
TABLE 40: SUMMARY OF DEPOSIT FUNDING
1
(millions of Canadian dollars)
As at
 
July 31
October 31
2026
2025
Personal
$
645,173
$
650,396
Non-personal
314,154
316,319
Total
$
959,327
$
966,715
The calculation methodology reflects deposit funding from personal, wealth and business and commercial banking
 
channels.