DBRS Releases Report on The Toronto-Dominion Bank

DBRS has today released a report providing additional information on the February 28, 2007, confirmation of the ratings for The Toronto-Dominion Bank (TD).

The confirmation reflects that TD’s ratings are supported by TD’s leadership position in Canadian personal banking, low business risk profile and strong credit risk profile. Over the last two years, TD has been executing on its U.S. growth strategy while generating increased levels of profitability in its Canadian retail banking franchise, which DBRS expects will provide ongoing earning stability, given its low business risk profile. TD has also been successful in growing its Canadian retail market shares, including credit cards, insurance, small business and commercial banking.

To obtain a copy of the full report or the February 28, 2007, press release, please click on the link below or contact us at info@dbrs.com.