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.
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