Structured Entities (Tables)

12 Months Ended

Oct. 31, 2025

Structured Entities [Abstract]

Summary of Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities

The following table presents information related to the Bank’s unconsolidated structured entities. Unconsolidated structured entities include both TD and third-party

sponsored entities. Securitizations include holdings in TD-sponsored multi-seller conduits, as well as third-party sponsored mortgage and asset-backed

securitizations, including government-sponsored agency securities such as CMBs, and U.S. government agency issuances. Investment Funds and Trusts include

holdings in third-party funds and trusts, as well as holdings in TD-sponsored asset management funds and trusts and commitments to certain U.S. municipal

funds. Amounts in Other are mainly related to investments in community-based U.S. tax-advantage entities described in Note 12. These holdings do not result in

the consolidation of these entities as TD does not have control over these entities.

Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities

(millions of Canadian dollars)

As at

October 31, 2025

October 31, 2024

Investment

Investment

funds and

funds and

Securitizations

trusts

Other

Total

Securitizations

trusts

Other

Total

FINANCIAL ASSETS

Trading loans, securities, 

and other

$

10,875

$

1,114

$

6

$

11,995

$

7,559

$

992

$

–

$

8,551

Non-trading financial assets at

fair value through profit or loss

4,583

854

178

5,615

684

836

98

1,618

Derivatives

1

–

1,668

–

1,668

–

680

–

680

Financial assets designated at

fair value through profit or loss

176

107

–

283

–

298

–

298

Financial assets at fair value through

other comprehensive income

36,650

737

–

37,387

22,615

967

2

23,584

Debt securities at amortized cost,

net of allowance for credit losses

93,453

1,210

–

94,663

117,890

1,210

–

119,100

Loans

729

4

–

733

4,114

3

–

4,117

Other

27

7

6,024

6,058

2

88

5,762

5,852

Total assets

146,493

5,701

6,208

158,402

152,864

5,074

5,862

163,800

FINANCIAL LIABILITIES

Deposits

–

–

1,226

1,226

–

–

1,451

1,451

Derivatives

1

–

3,988

–

3,988

–

645

–

645

Obligations related to securities

sold short

2,703

317

–

3,020

2,324

331

–

2,655

Total liabilities

2,703

4,305

1,226

8,234

2,324

976

1,451

4,751

Off-balance sheet exposure

2

57,910

4,253

3,358

65,521

22,897

4,392

2,990

30,279

Maximum exposure to loss from

involvement with unconsolidated

structured entities

$

201,700

$

5,649

$

8,340

$

215,689

$

173,437

$

8,490

$

7,401

$

189,328

Size of sponsored unconsolidated

structured entities

3

$

38,029

$

69,554

$

1

$

107,584

$

15,850

$

45,272

$

12

$

61,134

1

 Derivatives primarily subject to vanilla interest rate or foreign exchange risk are not included in these amounts as those derivatives are designed to align the structured entity’s cash flows

with risks absorbed by investors and are not predominantly designed to expose the Bank to variable returns created by the entity.

2

 For the purposes of this disclosure, off-balance sheet exposure represents the notional value of liquidity facilities, guarantees, or other off-balance sheet commitments without considering

the effect of collateral or other credit enhancements.

3

The size of sponsored unconsolidated structured entities is provided based on the most appropriate measure of size for the type of entity: (1) The par value of notes issued by

securitization conduits and similar liability issuers; (2) the total AUM of investment funds and trusts; and (3) the total fair value of partnership or equity shares in issue for partnerships and

similar equity issuers.