TD Auto Finance Reports Yearly Growth in Auto Portfolio
August 29, 2025 - 09:39
TD Auto Finance has announced a notable increase in its auto finance portfolio for the third quarter of the fiscal year. The company reported that its U.S. indirect auto outstandings reached $31.1 billion, marking a 1.6% rise both year over year and quarter over quarter. This growth reflects the bank's ongoing commitment to expanding its financing capabilities in the auto sector.
In addition to the portfolio growth, TD Auto Finance has also taken proactive measures to enhance its operational integrity by investing in advanced anti-money laundering technology. This investment underscores the company's dedication to maintaining compliance and safeguarding its financial practices amidst a rapidly evolving regulatory landscape.
The positive performance in originations and portfolio growth indicates a robust demand for auto financing, positioning TD Auto Finance favorably within the competitive market. As the company continues to innovate and adapt, it aims to further solidify its presence in the auto finance industry.
MORE NEWS
February 25, 2026 - 03:36
BHMI Enhances the Concourse Financial Software Suite® to Support Interac Processing in CanadaIn a move to bolster payment processing capabilities in Canada, BHMI has unveiled significant upgrades to its Concourse Financial Software Suite. The enhancements are specifically engineered to...
February 24, 2026 - 00:52
Peter Schiff Says 'Highly Likely' Bitcoin 'At Least' Falls To $20,000: 'I Know BTC Has Done That Before, But...'Renowned economist and longtime cryptocurrency skeptic Peter Schiff issued a stark warning on Thursday, stating it is `highly likely` that Bitcoin will fall to at least $20,000. He urged market...
February 23, 2026 - 00:14
‘Money's moving out of tech’: Wall Street weighs stock market winners amid the AI scare tradeA significant rotation is underway on Wall Street as capital flows out of the once-unassailable mega-cap technology stocks. Market analysts report a growing investor unease with the stratospheric...
February 22, 2026 - 12:52
Jim Cramer Says Cryptos Are 'Getting Slaughtered,' Dismisses Bitcoin As Iranian War HedgeFinancial commentator Jim Cramer has publicly challenged the narrative that cryptocurrencies, particularly Bitcoin, serve as a reliable safe haven during international crises. His comments come as...