Toronto-Dominion BankTSX: TD

TD Canada Trust announces change to TD Prime Rate

· Issued by Toronto-Dominion Bank via CNW

Summary by 6ix AI

TD Canada Trust increased its TD Prime Rate by 25 basis points (a basis point is one hundredth of a percentage point) to 4.70%, effective October 29, 2026.

Key details

  • TD Canada Trust is part of the Canadian Personal and Commercial Banking business of TD Bank Group, the group name for The Toronto-Dominion Bank and its subsidiaries.

6ix AI wrote this summary from the release below and checked it against the release.

TORONTO, Oct. 28, 2026 /CNW/ - TD Canada Trust today announced that it has increased its TD Prime Rate by 25 basis points to 4.70%, effective October 29, 2026.

About TD Bank Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves 28.2 million clients in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Banking, including TD Auto Finance U.S. and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among North America's leading digital banks, with more than 14 million active mobile users in Canada and the U.S. TD had $2.1 trillion in assets on July 31, 2026. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto Stock Exchange and New York Stock Exchange.

SOURCE TD Bank Group

View original source (CNW)Toronto-Dominion Bank on 6ix

Earlier from Toronto-Dominion Bank

Later from Toronto-Dominion Bank

All Toronto-Dominion Bank news releases