TD Bank Group Comments on Expected Impact of TD Ameritrade Holding Corp.'s Fourth Quarter Earnings
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TORONTO, Oct. 27, 2015 /CNW/ - TD Bank Group (the "Bank") announced today that it expects TD Ameritrade's fourth quarter earnings to translate into a contribution of approximately CDN$109 million to fiscal 2015 fourth quarter net income for the Bank, which will be reported under International Financial Reporting Standards.
TD Bank Group will release its fourth quarter financial results on December 3, 2015. Conference call and audio webcast details will be announced closer to that date.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Group ("TD" or the "Bank"). TD is the seventh largest bank in
North America by branches and serves more than 24 million customers in
three key businesses operating in a number of locations in financial
centres around the globe: Canadian Retail, including TD Canada Trust,
TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD
Insurance; U.S. Retail, including TD Bank, America's Most Convenient
Bank, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD
Ameritrade; and Wholesale Banking, including TD Securities. TD also
ranks among the world's leading online financial services firms, with
approximately 10 million active online and mobile customers. TD had
CDN$1.1 trillion in assets on July 31, 2015. The Toronto-Dominion Bank
trades under the symbol "TD" on the Toronto and New York Stock
Exchanges.
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SOURCE TD Bank Group