Charts show consumer behavior. Although the provision can look small against total loans, it can be large when compared to income. Looks 8% to 15% of income. Thanks for the article. If prices don’t reflect this, they could be easily revalued downwards. I don’t own TD. But it could be similar across most banks (consumer lenders). I don’t know the breakout of the loan book at TD.
TD Bank’ in Charts: Provision for credit losses on the rise in fiscal Q3
