Edition:
United Kingdom

Toronto-Dominion Bank (TD.TO)

TD.TO on Toronto Stock Exchange

76.04CAD
23 Jul 2018
Change (% chg)

$0.03 (+0.04%)
Prev Close
$76.01
Open
$75.90
Day's High
$76.20
Day's Low
$75.90
Volume
311,740
Avg. Vol
3,193,707
52-wk High
$77.47
52-wk Low
$63.13

Latest Key Developments (Source: Significant Developments)

Td Bank Group To Acquire Greystone Managed Investments
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP TO ACQUIRE GREYSTONE MANAGED INVESTMENTS INC..TORONTO-DOMINION BANK - TD WILL ACQUIRE GCMI FOR A NET PURCHASE PRICE OF $792 MILLION, SUBJECT TO CERTAIN ADJUSTMENTS.TORONTO-DOMINION BANK - NET PURCHASE PRICE COMPRISES $730 MILLION OF ENTERPRISE VALUE, SEED CAPITAL OF ABOUT $105 MILLION AND CERTAIN OTHER NET ADJUSTMENTS.TORONTO-DOMINION BANK - PROPOSED TRANSACTION IS EXPECTED TO REDUCE TD'S CET1 ON CLOSE BY LESS THAN 10 BASIS POINTS.TORONTO-DOMINION BANK - SHAREHOLDERS OF GCMI WILL RECEIVE 30% OF NET PURCHASE PRICE IN TD SHARES WITH REMAINING BALANCE PAYABLE IN CASH CONSIDERATION.TORONTO-DOMINION BANK - ABOUT $170 MILLION OF TD COMMON SHARES ISSUED TO EMPLOYEE SHAREHOLDERS IN RESPECT OF PURCHASE PRICE WILL BE ESCROWED FOR TWO YEARS.TORONTO-DOMINION BANK - PROPOSED TRANSACTION IS EXPECTED TO REDUCE TD'S CET1 ON CLOSE BY LESS THAN 10 BASIS POINTS.TORONTO-DOMINION BANK - GREYSTONE WILL OPERATE AND SERVE CLIENTS UNDER NAME TD GREYSTONE ASSET MANAGEMENT WHILE CONTINUING TO OPERATE OUT OF REGINA.TORONTO-DOMINION - GCMI SHAREHOLDERS TO HAVE ABILITY TO ELECT UP TO INCREMENTAL 20% OF NET PURCHASE PRICE IN TD SHARES, FOR MAXIMUM OF 50% TD SHARE CONSIDERATION.TORONTO-DOMINION BANK - TD EXPECTS TO RECOGNIZE GOODWILL AND INTANGIBLES OF APPROXIMATELY $550 MILLION ON TRANSACTION.TORONTO-DOMINION BANK - TD EXPECTS TO RECOGNIZE GOODWILL AND INTANGIBLES OF APPROXIMATELY $550 MILLION ON TRANSACTION.  Full Article

TD Bank Sets Quarterly Dividend Of C$0.67Per Share
Thursday, 24 May 2018 

May 24 (Reuters) - Toronto-Dominion Bank ::SETS QUARTERLY DIVIDEND OF C$0.67PER SHARE.  Full Article

TD Bank Group Sees TD Ameritrade's Q2 Earnings Of About C$131 Mln
Monday, 23 Apr 2018 

April 23 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP SEES TD AMERITRADE'S Q2 EARNINGS TO TRANSLATE TO ABOUT CDN $131 MILLION REPORTED EQUITY IN NET INCOME OF INVESTMENT IN TD AMERITRADE FOR Q2.TD BANK GROUP - EXCLUDING CHARGES OF ABOUT C$60 MILLION AFTER-TAX, ADJUSTED EQUITY NET INCOME OF AN INVESTMENT IN TD AMERITRADE TO BE ABOUT C$191 MILLION FOR Q2.  Full Article

TD Bank Group Announces Intention To Repurchase For Cancellation Up To 20 Mln Of Its Common Shares
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP ANNOUNCES INTENTION TO REPURCHASE FOR CANCELLATION UP TO 20 MILLION OF ITS COMMON SHARES.  Full Article

TD Bank Comments On Expected Impact Of TD Ameritrade Holding's Q1 Earnings
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP- EXPECTS TD AMERITRADE'S Q1 EARNINGS TO TRANSLATE INTO ABOUT CDN $147 MILLION REPORTED EQUITY IN NET INCOME OF INVESTMENT.TD BANK GROUP SEES Q1 2018 ADJUSTED EQUITY IN NET INCOME OF AN INVESTMENT IN TD AMERITRADE WOULD BE ABOUT CDN $175 MILLION.  Full Article

TD Bank Group Acquires Artificial Intelligence Innovator Layer 6
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP ACQUIRES ARTIFICIAL INTELLIGENCE INNOVATOR LAYER 6.TD BANK GROUP - ‍ACQUISITION OF LAYER 6 IS NOT EXPECTED TO HAVE A MEANINGFUL IMPACT ON TD'S COMMON EQUITY TIER 1 CAPITAL RATIO​.TD BANK GROUP ACQUIRES ARTIFICIAL INTELLIGENCE INNOVATOR LAYER 6.  Full Article

Toronto-Dominion Bank Estimates Overall One-Time Impact Of About $400 Mln​ due to the Tax Act
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Toronto-Dominion Bank ::‍TD ESTIMATES OVERALL ONE-TIME IMPACT OF TAX ACT WILL REDUCE EARNINGS FOR QUARTER ENDING JAN 31, 2018 BY ABOUT US$400 MILLION​.‍ONE-TIME IMPACT OF TAX ACT IN Q1 OF FISCAL 2018 IS EXPECTED TO REDUCE BANK'S CET1 RATIO BY APPROXIMATELY 9 BASIS POINTS​.  Full Article

TD Bank Group Q4 EPS C$1.42
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP REPORTS FOURTH QUARTER AND FISCAL 2017 RESULTS.QTRLY EARNINGS PER SHARE $1.42.- QTRLY ‍ADJUSTED DILUTED EARNINGS PER SHARE $1.36​.- QTRLY NET INTEREST INCOME $5,330 MILLION VERSUS $5,072 MILLION.- ‍TD'S COMMON EQUITY TIER 1 CAPITAL RATIO ON A BASEL III FULLY PHASED-IN BASIS WAS 10.7% AT QUARTER-END, VERSUS 11.0% LAST QUARTER​.- ‍CHARGES ASSOCIATED WITH SCOTTRADE TRANSACTION OF $46 MILLION IN QUARTER​.- QTRLY PROVISION FOR CREDIT LOSSES $578 MILLION VERSUS $548 MILLION.Q4 EARNINGS PER SHARE VIEW C$1.39 -- THOMSON REUTERS I/B/E/S.  Full Article

TD Bank announces redemption of 5.763% subordinated debentures
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Toronto-dominion Bank :TD Bank announces redemption of 5.763% subordinated debentures.TD Bank - to exercise right to redeem outstanding $1.8 billion 5.763% subordinated debentures.  Full Article

TD Bank comments on expected impact of TD Ameritrade's Q4 profit
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Toronto-Dominion Bank :TD Bank Group comments on expected impact of TD Ameritrade Holding Corp's fourth quarter earnings.TD Bank - ‍expects TD Ameritrade's Q4 earnings to translate into about C$103 million reported equity in net income of an investment in TD Ameritrade for Q4​.  Full Article

Deals of the day-Mergers and acquisitions

July 10 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: