Bank of Nova Scotia (BNS), on the other hand, has reported higher tier one capital:
Tier 1 capital ratio of 13.6%, compared to 12.2% last year
Tangible common equity ratio of 11.3%, compared to 9.6% last year
Hence, the relative strength in share price since earnings release.
This is just my opinion. For the record, I own both TD and BNS.