Strong Quarter Earnings
TD Bank delivered a strong Q2 2025 with earnings of $3.6 billion and EPS of $1.97. The bank saw robust trading and fee income, and volume growth year-over-year in Canadian Personal and Commercial Banking.
Capital and Reserve Management
The bank's CET1 ratio was 14.9%. TD made good progress on share buybacks, repurchasing 30 million shares for a total of $2.5 billion. Performing reserves were increased by over $0.5 billion over the past two quarters.
Wealth Management and Insurance Growth
TD's Wealth Management and Insurance segment had a strong quarter with Wealth Management revenue up 13% year-over-year. TD Asset Management added $5.3 billion in net institutional assets.
Wholesale Banking Record Revenue
Wholesale Banking achieved record revenue of $2.1 billion, benefiting from market volatility.
Digital and AI Investments
TD announced plans to open a new office for Layer 6, TD's AI research and development center, and continued to enhance AI capabilities in fraud detection and customer service.