What TD does

TD (The Toronto-Dominion Bank) is a publicly traded Canadian chartered bank (TSX/NYSE: TD) and one of Canada's Big Six, serving approximately 22 million customers across personal, commercial, wealth, and wholesale banking. The bank traces its origins to 1855, with the modern entity formed through the 1955 merger of Bank of Toronto and Dominion Bank, and today operates through wholly-owned subsidiaries including TD Canada Trust, TD Bank N.A. (US), TD Waterhouse Canada, TD Securities, TD Wealth, TD Asset Management, TD Insurance, and TD Auto Finance.

The company's product portfolio spans core retail banking products (TD Complete Checking, TD Signature Savings, TD Fit Loan, TD Home Lending, credit cards), digital banking platforms (TD Online Banking, TD app, TD Mobile Deposit), investment platforms (TD Direct Investing, TD Automated Investing, TD Easy Trade app launched March 2026), premium and cross-border banking (TD Premier, TD Private Client Wealth), insurance, auto finance, and wholesale/capital markets through TD Securities. Technology infrastructure includes a 1,900+ ATM network across the U.S. East Coast, integrations with Zelle, Apple Pay, Google Pay, Samsung Pay, and Interac, and ongoing deployment of AI/ML for AML remediation (KYC platform and transaction monitoring models).

TD's business model is diversified across four reporting segments — Canadian Personal and Commercial Banking, U.S. Retail Banking, Wealth Management and Insurance, and Wholesale Banking — generating revenue through net interest margin on deposits and loans, transaction and account fees, asset management fees, insurance premiums, and capital markets trading and advisory fees. Distribution combines physical branches and ATMs with self-serve digital channels, serving consumer, small business, commercial, and institutional clients primarily in Canada and the U.S., with selective international presence.

Name

TD

Legal name

The Toronto-Dominion Bank

Website

https://td.com

Company type

Public

Founded year

1955

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

TD (Toronto-Dominion Bank) is a publicly traded Canadian Big Six bank serving ~22 million customers with personal, commercial, wealth, insurance, and wholesale banking across Canada and the U.S. through branches, digital platforms, and subsidiaries including TD Securities and TD Wealth.

Ownership category

akta.pro rank

Product category

Retail and Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (523940)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)

akta.pro secondary industries

High-Net-Worth & Private Wealth Digital Platforms (Digital Private Banking) (FSAGAEAI), Digital Banking & Neobank Platforms (BPAMAFAD), Bank-Affiliated Retail Wealth Management (FSAAAAAB)

Keywords

• Retail banking services
• Commercial banking
• Wealth management
• Investment services
• Consumer lending

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Canadian Personal and Commercial Banking: Core banking operations in Canada providing personal and commercial banking services including deposits, loans, credit cards, and mortgages. Generated record $2.04 billion in Q1 2026.
2. U.S. Banking Operations: Banking operations in the United States including deposits, loans, and credit products. Generated $1.04 billion in Q1 2026, up from $342 million year earlier.
3. Wealth Management and Insurance: Wealth management services including investment management, financial planning, and insurance products. Generated $757 million in Q1 2026.
4. Wholesale Banking: Corporate and investment banking services including capital markets, trading, and corporate lending. Generated $561 million in Q1 2026.
5. TD Easy Trade / Direct Investing: DIY investing platform offering commission-free trades, ETF access, and investment services. Revenue generated through trade commissions, account fees, and investment product distribution.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels7 records

Core offering

TD Bank Group is one of North America's largest diversified financial institutions, providing personal and commercial banking, wealth management, insurance, and capital markets services across Canada and the United States. The bank serves approximately 22 million customers through physical branches, digital banking platforms, mobile applications, and an ATM network of over 1,900 machines. Its offerings span deposit accounts, mortgages, personal and business loans, credit cards, self-directed and automated investing, private wealth management, and wholesale/capital markets services.

Product overview

TD (Toronto-Dominion Bank) operates as a diversified financial institution offering a comprehensive suite of banking, investing, wealth management, and insurance products. The product portfolio includes TD Direct Investing and TD Automated Investing for self-directed investors, TD Wealth for private banking and wealth management clients, TD Asset Management for institutional and retail investment products, TD Securities for wholesale/commercial banking, and TD Insurance for property, casualty, and life insurance. Core banking products encompass personal and business checking/savings accounts (TD Complete Checking, TD Signature Savings), lending solutions (TD Fit Loan, TD Home Lending), and digital banking platforms (TD Online Banking, TD Mobile Deposit). TD Easy Trade is a newer mobile-first investing app targeting beginner investors. The bank also provides specialized services like TD Overdraft Relief, TD Premier for cross-border banking, and TD Commercial Plus Card for business clients. The products operate across both U.S. and Canadian markets with significant digital capabilities including Zelle® integration, digital wallet support, and mobile banking features.

Differentiator

Problem solved

Functional benefit

Brands

• TD Easy Trade: DIY investing platform offering commission-free trades
• TD Insurance
• TD EasyWeb
• TD Auto Finance
• TD Private Client Wealth

Products and services

• TD Complete Checking Personal checking account offering digital features, overdraft services, and new customer bonus offers for individual consumers.
• TD Signature Savings Savings account offering competitive interest rates and bonus offers for new personal banking customers.
• TD Fit Loan Unsecured personal loan product offering funds up to $50,000 for various personal purposes including vacations and home renovations.
• TD Home Lending Mortgage and home lending services including purchase mortgages, construction loans, refinancing, and home equity options.
• TD Online Banking Digital banking platform enabling 24/7 account access, bill payments, fund transfers via Zelle, mobile deposits, and account management.
• TD Direct Investing Online and mobile investing platform providing self-directed trading, portfolio management tools, and access to stocks, ETFs, mutual funds, and other investment products.
• TD Automated Investing Robo-advisor service providing automated portfolio management and investment management for self-directed investors.
• TD Wealth Comprehensive wealth management services including private banking, investment management, retirement planning, and legacy planning for high-net-worth individuals.
• TD Insurance Insurance products including home, auto, life insurance, and specialty coverage underwritten by TD General Insurance Company and TD Home and Auto Insurance Company.
• TD Commercial Plus Card Business credit card solution for commercial customers with expense management and reporting features.
• TD Premier Premium banking service offering cross-border banking solutions and enhanced services for clients needing both U.S. and Canadian banking.
• TD Asset Management Asset management services offering mutual funds, ETFs, and managed investment solutions through TD Asset Management Inc.
• TD Securities Wholesale banking and capital markets services including corporate banking, investment banking, and treasury management for corporate and institutional clients.
• TD Easy Trade App Mobile investing application designed to make DIY investing accessible to Canadians, particularly beginners, offering commission-free trades, ETF access, and no minimum balance requirements.
• TD Auto Finance Auto financing services providing vehicle loans and leasing solutions to consumers.
• TD Credit Cards Credit card products including cash back, rewards, balance transfer, low intro APR, no annual fee, and business credit cards for personal and commercial customers.

Quantifiable outcome

• Q1 2026 profit of $4.04 billion, up from $2.79 billion year earlier
• +3 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability2 records

Feature2 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Canadian Journalism FoundationminorGTM or Marketing Partner · 11 February 2026TD Bank Group is the exclusive sponsor of the J-Talks Live series, a Canadian Journalism Foundation event series discussing media and democracy topics. CPAC is the broadcast partner and Cision is an in-kind supporter.
• St. Michael's HospitalminorOthers · 20 November 2025TD Bank Group donated $2 million to support health equity initiatives at St. Michael's Hospital in Toronto, focusing on reducing healthcare access barriers for vulnerable populations including the homeless and socially isolated. The funding will expand programs including homeless outreach and social prescribing for older adults.
• InteraccoreTechnology or IntegrationTD collaborated with Interac and other major Canadian financial institutions on KONEK, a new Canadian e-commerce payment solution that allows consumers to pay directly from their financial institution accounts. Staples Canada was the first national merchant to implement this solution.
• Moneris SolutionscoreTechnology or IntegrationMoneris Solutions supports TD and other Canadian financial institutions in the KONEK e-commerce payment solution for online checkout security and fraud reduction.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Royal Bank of Canada: The largest of Canada's Big Six banks, with material Canadian retail/commercial banking and a large US wealth franchise (including City National). Directly comparable in scale, product breadth, and US-Canada dual-market footprint.
• Bank of Montreal (BMO): Canada Big Six bank with a sizable US Midwest retail bank (acquired Bank of the West). Closely comparable Canadian P&C plus US regional banking and wealth businesses.
• Bank of Nova Scotia (Scotiabank): Another Big Six Canadian bank with retail, commercial, wealth, and capital markets operations across the Americas. Overlapping in Canadian P&C, wealth, and wholesale banking.
• Canadian Imperial Bank of Commerce (CIBC): Big Six Canadian bank with a focus on retail, commercial, and wealth in Canada plus US commercial banking. Comparable domestic franchise and US commercial exposure.
• U.S. Bancorp (US Bank): Regional US bank with Midwest and East Coast retail and commercial footprint, payments, and wealth services. Comparable East Coast/Midwest US franchise scale and product mix to TD Bank N.A.
• PNC Financial Services: Top-tier regional US bank with branches concentrated in the East Coast/Mid-Atlantic and a strong commercial banking franchise. Directly comparable in regional US retail/commercial banking positioning.

Broad incumbents

• JPMorgan Chase: Largest US bank with retail, commercial, wealth, and capital markets businesses covering consumer banking, credit cards, mortgages, and investment banking — broad incumbent with overlapping product set to TD's US franchise.
• Bank of America: Major US retail bank with extensive branch footprint, mortgage, credit card, and Merrill wealth management franchise. Directly overlaps TD Bank N.A.'s East Coast retail and wealth offering.
• Wells Fargo: Large US retail and commercial bank with significant branch network and consumer/commercial lending. Comparable US retail and commercial banking franchise to TD.

Emerging players

• Charles Schwab: Major US retail wealth and self-directed investing platform that competes with TD Direct Investing, TD Easy Trade, and TD Wealth for US-based investor balances and advisor relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/td_canada
• YouTubeyoutube.com/user/TDCanada
• LinkedInlinkedin.com/company/td
• Instagraminstagram.com/tdcareers
• Facebookfacebook.com/TDCanada

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TD