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Toronto-Dominion Bank
Symbol TD
Shares Issued 1,644,815,685
Close 2026-10-05 C$ 167.22
Market Cap C$ 275,046,078,846
Recent Sedar+ Documents

Post says TD ranked No. 10 for AI impact, RBC No. 3

2026-10-06 08:54 ET - In the News

Also In the News (C-RY) Royal Bank of Canada

The Financial Post reports in its Tuesday edition that TD Bank ranks as the world's 10th most advanced bank for artificial intelligence, jumping three spots from 2025 to crack the top-10, while RBC ranked No. 3 for the fourth consecutive year, according to research firm Evident Insights Ltd. The Post's Yvonne Lau writes that TD made improvements in the past 12 months across AI innovation, talent, leadership and transparency, which helped boost its position from 13th last year to 10th place in the 2026 Evident AI Banking Index released on Tuesday, which analyzes the AI maturity and performance of 50 major banks in North America, Europe and Asia-Pacific. Around 20 to 25 per cent of its AI use cases report a measurable impact. Evident found TD generated $195-million of AI value in nine months. TD's in-house AI model launched last year that uses internal bank data to make predictions helped juice its AI returns. The bank is also increasingly applying AI to its large-scale workflows to slash costs and speed service delivery. For example, TD's first agentic AI application, launched in May, has been used on 100 per cent of new personal mortgages to scan documents, calculate and verify income, and check policy requirements.

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