TORONTO, Jan. 21, 2020 /CNW/ - TD Bank Group (the "Bank")
announced today that it expects TD Ameritrade's first quarter
earnings to translate into approximately CDN $205 million reported equity in net income of an
investment in TD Ameritrade for fiscal 2020 first quarter, which
will be reported under International Financial Reporting
Standards.
TD Bank Group will release its first quarter financial results
and host an earnings conference call on February 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 fifth
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 13 million active online
and mobile customers. TD had CDN$1.4
trillion in assets on October 31,
2019. The Toronto-Dominion Bank trades under the symbol "TD"
on the Toronto and New York Stock
Exchanges.
SOURCE TD Bank Group