This shift often precedes upward price action, aligning with technical support around $81.50 and the financial industry’s current tilt toward defensive positioning amid macroeconomic uncertainty. Paul McAdam, senior director of banking and payments intelligence at J.D. Power, pointed out from one of their studies that over the last four years, checking accounts have consistently amounted to more than half (50%+) of the new accounts opened. Since the J.D. Power U.S. Retail Banking Satisfaction study only tracks new account opening among customers of the 180 largest branch-based retail banks, the patterns of online-only banks aren’t considered. Consumers are likely seeking out new checking accounts where they can avoid fees and keep more of their own money. With so many options available, banking customers are no longer stuck with the account that they opened up in their childhood, as they can find the right one for their financial goals. Neither TD Bank US Holding Company, nor its subsidiaries or affiliates, is responsible for the content of the third-party sites hyperlinked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third party sites. Fundamental screens place TD Finance among top-rated financials based on debt-to-equity metrics. Lower leverage levels improve risk-adjusted return profiles, which could encourage portfolio managers to increase exposure during sector rebalancing phases.