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DatabankNovember 2 2021

Tier 1 capital steadily rises at biggest Canadian banks

Toronto Dominion Bank, the country’s largest bank by assets, saw its holdings of core capital increase by 41% between 2016 and 2020.
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Holdings of Tier 1 capital at Canada’s four largest banks have risen steadily over the past few years on the back of robust underwriting metrics and diversified revenue streams.

Toronto Dominion Bank — which overtook rival Royal Bank of Canada (RBC) to become country’s largest bank by assets last year — saw its  Tier 1 capital increase 41% between 2016 and 2020, to reach $51.9bn at end October 2020, according to The Banker Database.

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