TD Bank’s U.S. Turnaround Gains Traction, Loan Portfolio Growth Expected to Resume in 2026

Toronto-Dominion Bank has been remediating its U.S. operations and restructuring its balance sheet following shortcomings in its anti-money laundering controls. The case has implications for regulatory compliance costs, the bank’s reputation and its ability to revive growth in its core U.S. lending markets.

TD Bank’s latest results show that the U.S. turnaround has helped lift revenue and overall earnings, while AML remediation efforts continue. The bank expects its U.S. loan portfolio to return to growth in 2026, with a focus on core lending segments. It did not disclose the loan amount or an exact date.