NY -- Standard&Poor's CreditWire 3/28/96 -- Standard&Poor's today has affirmed its ratings on Toronto-Dominion Bank Ltd.(see list below) and has revised the outlook to stable from negative. The outlook revision reflects the bank's improved financial performance and asset quality indicators. While Toronto-Dominion's earnings performance for the period 1991 through 1993 was close to the average for the five- largest Canadian banks, it seems that the bank's turnaround since 1994 will reestablish its position as one of the strongest players in the Canadian market. The bank's return on average assets for 1995 was 76 basis points, placing it at the top of the largest Canadian banks. The major factors that positively impacted the bank's earnings performance, were
