The Toronto-Dominion Bank

TD: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Toronto-Dominion Earnings: Provisioning Improved, but US Segment's Struggles Will Carry Into 2026

Maoyuan Chen

Aug 28, 2025

Toronto-Dominion reported fiscal third-quarter results that were largely in line with our expectations. Adjusted EPS came in at CAD 2.20, up 7% from a year ago. Provisioning expenses declined by 28% sequentially, mostly from lower performing loan provisioning.

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The Toronto-Dominion Bank

Toronto-Dominion Earnings: Provisioning Improved, but US Segment's Struggles Will Carry Into 2026

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