Earnings ContributionThe sale of TD's stake in Schwab has resulted in a significant decrease in earnings contribution to TD's second quarter, with a decline of approximately 68% from the previous quarter.
Mortgage PortfolioTD’s mortgage portfolio declined by 1% quarter-over-quarter in Q2, impacted by substantial repayment activity and low originations.
Operating LeverageOperating leverage was -3.0%, indicating higher expense growth relative to revenue growth.