TD Bank (NYSE:TD) Q1 2026 Earnings call February 26, 2026 09:30 AM ET Speaker6Good morning, everyone. Welcome to the TD Bank Group first quarter 2026 earnings conference call. I would now like to turn the meeting over to Ms. Brooke Hales, Head of Investor Relations. Please go ahead, Ms. Hales.Speaker1Thank you, operator. Good morning, and welcome to TD Bank Group's first quarter 2026 results presentation. We will begin today's presentation with remarks from Raymond Chun, the bank's CEO, followed by Leo Salo ...

Core Insights - TD Wealth is a significant component of the TD Bank Group, which serves approximately 24 million customers globally and has CDN $1 trillion in assets as of April 30, 2015 [1] Group 1: Services Offered - TD Wealth provides various services including TD Direct Investing, which empowers clients to invest independently with confidence [1] - The TD Wealth Private Client Group offers discretionary wealth management tailored for high net worth clients and businesses [1] - TD Wealth Private Investment Advice delivers full-service brokerage for investors seeking personalized advice and solutions [1] - TD Wealth Financial Planning focuses on developing and implementing financial plans for individual clients [1] Group 2: Expertise and Resources - Clients of TD Wealth have access to some of the industry's most respected investment analysts, economists, and market strategists, whether they choose to invest independently or with advisor support [1]

Core Insights - TD Wealth is a significant component of the TD Bank Group, which serves approximately 24 million customers globally and has CDN $1 trillion in assets as of April 30, 2015 [1] Group 1: Services Offered - TD Wealth provides various services including TD Direct Investing, which empowers clients to invest independently with confidence [1] - The TD Wealth Private Client Group offers discretionary wealth management tailored for high net worth clients and businesses [1] - TD Wealth Private Investment Advice delivers full-service brokerage for investors seeking personalized advice and solutions [1] - TD Wealth Financial Planning focuses on developing and implementing financial plans for individual clients [1] Group 2: Expertise and Resources - Clients of TD Wealth have access to some of the industry's most respected investment analysts, economists, and market strategists, whether they choose to invest independently or with advisor support [1]

Q3 2025 Financial Performance - Reported net income was $3.3 billion, with an EPS of $1.89[11] - Adjusted net income reached $3.9 billion, with an EPS of $2.20, a 7% year-over-year increase[11,27] - Adjusted PTPP (Pre-Tax, Pre-Provision) grew by 12.6% year-over-year[11] - The bank's total assets amounted to $2.0 trillion[11] - The CET 1 ratio stood at 14.8%[11] Strategic Actions and Business Updates - TD sold its 10.1% stake in Schwab, releasing approximately $15 billion in capital[9] - The company has an $8 billion NCIB (Normal Course Issuer Bid) underway, adjusting capital deployment[9] - TD identified $550 million to $650 million pre-tax of expected annual cost savings from the 2025 restructuring program[10] - U S Retail loans are down 7% YoY, or up 2% YoY excluding loan portfolios identified for sale or run-off[13] Digital Adoption and Sustainability - Canadian Personal & Commercial Banking digital adoption reached 66.1%, a 140 bps increase year-over-year[15] - TD Bank N A earned an "Outstanding" rating on the Community Reinvestment Act performance evaluations[18]

Core Insights - TD Wealth is a significant component of the TD Bank Group, which serves approximately 24 million customers globally and has CDN $1 trillion in assets as of April 30, 2015 [1] Group 1: Services Offered - TD Wealth provides various services including TD Direct Investing, which empowers clients to invest independently with confidence [1] - The TD Wealth Private Client Group offers discretionary wealth management tailored for high net worth clients and businesses [1] - TD Wealth Private Investment Advice delivers full-service brokerage for investors seeking personalized advice and solutions [1] - TD Wealth Financial Planning focuses on developing and implementing financial plans for individual clients [1] Group 2: Expertise and Resources - Clients of TD Wealth gain access to highly regarded investment analysts, economists, and market strategists, whether they choose to invest independently or with advisor support [1]