The recent news paints a mixed picture for TD stock. On one hand, the bank's stock is making a comeback as it puts its U.S. troubles behind it, with the stock price reaching an all-time high. The bank exceeded analysts' expectations due to strong performance in its U.S. retail, wealth management, and wholesale banking segments. Furthermore, TD is aiming to cut billions in expenses while reinstating its medium-term targets, showing an intent to improve efficiency and growth. This positive momentum is further supported by the latest earnings where reported EPS beat analyst estimates, however, year-over-year net income was down almost 10% and cash from operations were significantly down. However, there are also some concerning factors. While some firms are increasing their positions in TD, others are reducing theirs, indicating uncertainty among investors. The reported Q4 2025 numbers show a decrease in net income and a large decrease in cash from operations, which may give investors cause for concern. Overall, the outlook for TD stock seems cautiously optimistic, with potential for continued growth if the bank can successfully execute its restructuring plan and maintain strong performance in its key business segments. However, investors should monitor the bank's financial performance and expense management closely.