TD Bank
TD Bank reported total assets of $342.8 bn at Q2 2026, down 3.8% on a year earlier, the 13th largest of 497 banks in our US coverage. The CET1 capital ratio at TD Bank was 16.16%, and the uninsured share of TD Bank was 37.28%. Source: FDIC Call Reports.
Key takeaways
- TD Bank reports one of the lowest return on equity (ROE) readings among banks of over $100 bn: 5.87% at , where the median of the 32 banks is 12.56% (FDIC Call Reports).
- The return on assets (ROA) of TD Bank, 0.83% at , places TD Bank in the bottom tenth of banks of over $100 bn (group median 1.18%; FDIC Call Reports).
- On efficiency ratio, TD Bank slipped from 362nd to 405th among 500 US banks between and (1 = lowest; FDIC Call Reports).
What sets TD Bank apart
- Over the year to , the total deposits of TD Bank fell by 5.3% to $277.7 bn, a bigger fall than at 97% of covered banks.
- Over the year to , the bank equity capital of TD Bank fell by 6.1% to $45.7 bn, a bigger fall than at 96% of covered banks.
- Over the year to , the total assets of TD Bank fell by 3.8% to $342.8 bn, a bigger fall than at 96% of covered banks.
How large is TD Bank?
The balance sheet of TD Bank at : assets $342.8 bn, deposits $277.7 bn, net loans $162.6 bn (loans equal to 58.56% of deposits). Securities make up 38.0% of total assets at TD Bank. Since , when TD Bank held $253.7 bn, its assets grew 35.1%. In the year to , deposits at TD Bank fell 5.3% while its total assets fell 3.8%. At , TD Bank employed 28,582 full-time equivalent staff across 1,051 offices, about $12.0 mn of assets per employee and $264.2 mn of deposits per office.
How much funding at TD Bank is uninsured?
At TD Bank, uninsured deposits (above the FDIC limit) made up 37.28% of domestic deposits at (+1.02 pp on a year earlier); TD Bank ranks 224th of 500 on this measure. In dollars, TD Bank estimated $103.5 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $277.7 bn | -5.3% | 13th of 499 |
| Net loans and leases | $162.6 bn | -3.7% | 14th of 500 |
| Loan-to-deposit ratio | 58.56% | +1.00 pp | 461st of 500 |
| Tier 1 leverage ratio | 10.32% | -0.52 pp | 252nd of 500 |
| Total risk-based capital ratio | 17.41% | -1.69 pp | 83rd of 448 |
| Net interest margin | 3.24% | +0.31 pp | 361st of 500 |
| Return on assets (ROA) | 0.83% | +0.31 pp | 432nd of 500 |
| Efficiency ratio | 66.58% | +2.60 pp | 405th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $617.1 mn | Narrowed by $1.2 bn | |
| Noncurrent loans to total loans | 1.11% | +0.05 pp | 382nd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.47% | -0.07 pp | 439th of 500 (1 = lowest) |
US rank of TD Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
TD Bank: assets, deposits and loans
- Total assets $343bn
- Deposits $278bn
- Net loans $163bn
Capital and securities
The CET1 ratio of TD Bank stood at 16.16% in , -1.69 pp year on year. Low and high at TD Bank since : 13.39% () to 18.28% (). Equity capital of TD Bank at : $45.7 bn, or 13.3% of total assets. TD Bank also reported a total capital ratio of 17.41% for , and a tier 1 leverage ratio of 10.32%.
The available-for-sale portfolio of TD Bank showed an unrealized loss of $617.1 mn at ; the loss narrowed by $1.2 bn over the year.
TD Bank: capital ratios
- Total capital 17%
- CET1 16%
- Tier 1 leverage 10%
TD Bank: unrealized securities gains and losses
- Available for sale -$617mn
- Held to maturity $0
Profitability and loan quality
For the year to , TD Bank earned a return on equity of 5.87%; return on assets: 0.83%. Net interest margin at TD Bank: 3.24%, +0.31 pp in a year. TD Bank net income: $1.4 bn, up 51.4% year on year. The efficiency ratio of TD Bank was 66.58%: about 67 cents cost per revenue dollar, against 63 cents at the median peer.
At , noncurrent loans were 1.11% of total loans at TD Bank; net charge-offs: 0.47% of average loans. Gross loans and leases at TD Bank: $165.4 bn, down 3.6% in a year.
TD Bank: profitability
- Return on equity 5.9%
- Net interest margin 3.2%
- Return on assets 0.8%
Peer group of TD Bank
The peer group of TD Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 4 share the charter type of TD Bank (national bank), 6 sit in the same size group (over $100 bn) and 0 have head offices in Delaware. Against them, TD Bank shows CET1 ratio 16.16% against a peer median of 14.64%, return on equity 5.87% against a peer median of 11.21% and uninsured deposit share 37.28% against a peer median of 48.59%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| The Bank of New York Mellon | State member bank | NY | $425.1 bn | 14.56% | 19.63% | 99.26% | |
| Morgan Stanley Bank | National bank | UT | $419.3 bn | 18.25% | 15.33% | 43.96% | |
| State Street Bank and Trust Company | State member bank | MA | $412.6 bn | 14.72% | 12.96% | 102.28% | |
| TD Bank | National bank | DE | $342.8 bn | 16.16% | 5.87% | 37.28% | |
| Fifth Third Bank | National bank | OH | $299.2 bn | 11.70% | 7.89% | 44.48% | |
| The Huntington National Bank | National bank | OH | $283.1 bn | 11.82% | 9.47% | 32.46% | |
| BMO Bank | National bank | IL | $255.0 bn | 14.97% | 0.99% | 52.71% | |
. FDIC Call Reports.
Last eight quarters
Two years at TD Bank, to : assets -14.3%, deposits -5.7%, equity -3.0%. Staff 27,130 to 28,582; offices 1,136 to 1,051.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $399.9 bn | $372.8 bn | $366.5 bn | $356.4 bn | $350.9 bn | $346.2 bn | $345.6 bn | $342.8 bn |
| Total deposits | $294.6 bn | $297.2 bn | $295.4 bn | $293.3 bn | $287.1 bn | $283.5 bn | $282.5 bn | $277.7 bn |
| Bank equity capital | $47.1 bn | $46.6 bn | $48.2 bn | $48.6 bn | $49.2 bn | $49.7 bn | $50.0 bn | $45.7 bn |
| CET1 ratio | 16.95% | 16.94% | 17.49% | 17.85% | 17.97% | 18.11% | 18.28% | 16.16% |
| Return on equity (ROE) | -2.66% | -2.91% | 3.26% | 3.94% | 4.07% | 3.99% | 5.04% | 5.87% |
| Uninsured share of domestic deposits | 36.61% | 36.24% | 36.28% | 36.27% | 36.58% | 35.89% | 36.13% | 37.28% |
| Full-time equivalent employees | 27,130 | 27,559 | 27,898 | 28,058 | 28,266 | 29,008 | 29,545 | 28,582 |
| Number of offices | 1,136 | 1,138 | 1,139 | 1,104 | 1,104 | 1,104 | 1,052 | 1,051 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of TD Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Scottrade Bank (FDIC certificate 58656).
Questions and identifiers
What were the total assets of TD Bank?
TD Bank reported $342.8 bn at in its Call Report. That makes TD Bank the 13th largest of 497 banks in our US coverage.
Is TD Bank the same as its holding company?
No. This page covers TD Bank, FDIC certificate 18409; TORONTO-DOMINION BANK THE (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is TD Bank profitable?
TD Bank reported net income of $1.4 bn for the year to ; annualized return on equity: 5.87%. So yes: TD Bank made a profit over these months.
When is data for TD Bank next updated?
Figures from TD Bank for are due after .
Where can I check the figures for TD Bank?
In the FDIC BankFind Suite record for certificate 18409, and in the Call Reports of TD Bank (RSSD ID 497404) at the FFIEC Central Data Repository.