TORONTO, July 21, 2020 /CNW/ - TD Bank Group (the "Bank")
announced today that it expects TD Ameritrade's third quarter
earnings to translate into approximately CDN $328 million reported equity in net income of an
investment in TD Ameritrade for fiscal 2020 third quarter, which
will be reported under International Financial Reporting
Standards.
TD Bank Group will release its third quarter financial results
and host an earnings conference call on August 27, 2020. 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 sixth
largest bank in North America by
branches and serves over 26 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 more than 14 million active
online and mobile customers. TD had CDN$1.7
trillion in assets on April 30, 2020. The
Toronto-Dominion Bank trades under the symbol "TD" on the
Toronto and New York Stock
Exchanges.
SOURCE TD Bank Group