TD Bank Aiming to Open 100 New U.S. Branches by End-2028
Dow Jones
Aug 28
1235 ET - Toronto-Dominion Bank is looking to build on 3Q momentum in its U.S. operations with plans to open 100 new branches in the country, Chief Executive Raymond Chun tells analysts. This will expand the Canadian lender's footprint from Maine to Florida in a push expected to be completed by the end of calendar 2028. Chun says work ongoing at TD to identify additional opportunities through 2030 as the bank continues to invest in organic growth. "We're also leaning in to increase the number of bankers, both in our retail businesses, but as well as in our commercial banking businesses," he says.
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