TD Bank USA National Association
Wilmington, Delaware · $32.13B in assets · beside the 5 other Delaware banks over $10B
The filing
TD Bank USA National Association is the fifth largest of the 6 Delaware banks over $10B, with $32.13B in assets at 30 June 2026. Loans are 32.1% of deposits, the lowest in the cohort against a median of 70.0%, and equity is 11.9% of assets, 4th of 6. Loans grew -1.9% in the year, 4th of 6, and deposits fell 2.8%; the cohort's median loan growth is +0.4%.
Noncurrent loans are 2.08% of the book, the highest in the cohort against a median of 1.39%; 2.07% is 30 to 89 days past due, and the allowance covers them 4.8 times. Net charge-offs are 5.50% of loans, the highest in the cohort. Commercial real estate is 0.8% of loans, 2nd of 6 against a median of 12.1%, and 2% of capital, below the 300% screen, with construction at 1% against the 100% screen.
Return on assets is 0.42%, the lowest in the cohort against a median of 1.14%, on an efficiency ratio of 70.3%, the highest in the cohort. Five years ago it was 1.34%. The question this shape raises is what the liquidity earns, and what a rate path does to the securities book and the deposit base.
Commercial real estate against capital
| TD Bank | Rank | Cohort median | |
|---|---|---|---|
| Total CRE against capital, the 300% screen | 2% | 2nd of 6 | 62% |
| Construction against capital, the 100% screen | 1% | 2nd of 6 | 10% |
| Construction and land development, share of loans | 0.6% | 2nd of 6 | 2.0% |
| Non-owner-occupied nonfarm nonresidential, share of loans | 0.0% | 2nd of 6 | 4.3% |
| Total CRE, the guidance definition, share of loans | 0.8% | 2nd of 6 | 12.1% |
| CRE growth over 36 months, the third prong | +9.5% | 4th of 6 | +6.9% |
Among its peers
| Institution | Assets | ROA | Efficiency | NPA / loans | Net charge-offs | Allowance / loans | Loans / deposits | Equity / assets |
|---|---|---|---|---|---|---|---|---|
| $609.77B | 1.3% | 60.0% | 0.74% | 0.23% | 1.3% | 80.7% | 10.4% | |
| $342.80B | 0.8% | 66.6% | 1.11% | 0.48% | 1.7% | 59.6% | 13.3% | |
| $103.96B | 1.0% | 50.3% | 1.84% | 0.53% | 3.2% | 70.1% | 13.3% | |
| $43.45B | 2.4% | 55.6% | 1.67% | 4.73% | 8.9% | 83.7% | 13.9% | |
| $32.13B | 0.4% | 70.3% | 2.08% | 5.50% | 9.9% | 32.1% | 11.9% | |
| $22.57B | 1.6% | 56.8% | 0.57% | 0.05% | 1.3% | 69.9% | 11.7% |
| TD Bank | Cohort median | |||||
|---|---|---|---|---|---|---|
| 2021 | 2026 | Change | 2021 | 2026 | Change | |
| Loans | $8.18B | $8.71B | +7% | $37.65B | $44.36B | +18% |
| Deposits | $24.28B | $27.18B | +12% | $51.14B | $59.85B | +17% |
| NPA / loans | 1.05% | 2.08% | +1.04 pts | 1.01% | 1.39% | +0.38 pts |
| Efficiency | 85.7% | 70.3% | -15.4 pts | 64.7% | 58.4% | -6.3 pts |
| ROA | 1.34% | 0.42% | -0.92 pts | 1.37% | 1.14% | -0.22 pts |
This read was prepared for TD Bank USA National Association's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.
The full pack on TD Bank USA National Association is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.
Ask for the packPrepared 7 September 2026
Filing 30 June 2026
Cohort DE banks over $10B
Institution www.td.com/us/en/personal-banking/
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