TD Bank Group Comments on Expected Impact of TD Ameritrade Holding Corp.'s Second Quarter Earnings
PR Newswire
TORONTO, April 17, 2012
TORONTO, April 17, 2012 /PRNewswire/ - TD Bank Group announced today that it expects TD Ameritrade's second quarter earnings to translate into a contribution of approximately CDN$47 million to fiscal 2012 second quarter net income for its Wealth and Insurance segment, which will be reported under International Financial Reporting Standards.
TD Bank Group will release its second quarter financial results and webcast its quarterly earnings conference call live on May 24, 2012. Conference call and 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). TD is the sixth largest bank in North America by
branches and serves approximately 21.5 million customers in four key
businesses operating in a number of locations in key financial centres
around the globe: Canadian Personal and Commercial Banking, including
TD Canada Trust and TD Auto Finance Canada; Wealth and Insurance,
including TD Waterhouse, an investment in TD Ameritrade, and TD
Insurance; U.S. Personal and Commercial Banking, including TD Bank,
America's Most Convenient Bank, and TD Auto Finance U.S.; and Wholesale
Banking, including TD Securities. TD also ranks among the world's
leading online financial services firms, with approximately 8 million
online customers. TD had CDN$774 billion in assets on January 31, 2012.
The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto
and New York Stock Exchanges.
SOURCE TD BANK GROUP
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.