TD Bank (TD) Investor presentation summary

Business overview and performance

• Operates four main business lines: Canadian Personal & Commercial Banking, U.S. Banking, Wealth Management & Insurance, and Wholesale Banking, with a strong North American presence and global reach in key financial centers.

• Q2 2026 reported net income of $4.3B and adjusted net income of $4.2B, with total assets at $2.1T and a CET1 ratio of 14.3%.

• Canadian Personal & Commercial Banking contributed 46% of reported earnings, U.S. Banking 19%, Wholesale Banking 15%, and Wealth Management & Insurance 20%.

• Maintains a top 10 North American bank ranking, with $2,085B in total assets and $1,243B in deposits.

• Announced a 4% increase in dividend per share and repurchased ~19MM shares in Q2.

Strategic priorities and digital transformation

• Focuses on deepening client relationships, accelerating growth in core banking, and leveraging AI for efficiency and risk management across all business lines.

• Canadian banking aims to outpace population growth in net new clients, modernize processes, and drive cost reduction through automation and AI.

• U.S. banking prioritizes digital advice, expanding partnerships, and ongoing BSA/AML remediation, with a focus on cost optimization.

• Wealth Management & Insurance targets advisor expansion, digital onboarding, and AI-driven productivity, while mitigating climate-related risks.

• Wholesale Banking is enhancing client focus, modernizing infrastructure, and strengthening risk management through automation.

Financial strength, capital, and liquidity

• CET1 ratio at 14.3%, risk-based TLAC ratio at 31.1%, and leverage ratio at 4.5%, all above regulatory minimums.

• Liquidity coverage ratio averaged 130%, supported by a large base of stable retail and business deposits.

• Maintains strong credit ratings (A2/A-/AA-) and a well-diversified funding profile across currencies and maturities.

• Wholesale term funding is diversified, with a $100B covered bond program and broad investor base.