TD Bank reveals Q3 2026 profit
Wealth Management and Insurance added $841 million in net income, up 20% year-over-year, on record assets, higher insurance premiums, and deposit volume growth.
TD’s adjusted return on equity improved to 16% from 14.4% a year earlier, while adjusted return on tangible common equity rose to 19.1% from 17.2%, pointing to a meaningful rebound in overall capital efficiency following a difficult stretch of remediation costs.
“TD had a very strong quarter, with record earnings in our Canadian businesses and Wholesale Banking, and growing momentum in US Banking,” said Raymond Chun, Group President and Chief Executive Officer of TD Bank Group.
“One year after Investor Day, we are delivering on our commitments, executing our strategy and creating value for our shareholders.”
TD shares rose 1.4% in US premarket trading following the release of results.
