TORONTO DOMINION BANK

The Toronto-Dominion Bank announced the pricing of a C$1.25 billion public offering of 5.918% Non-Viability Contingent Capital (NVCC) Additional Tier 1 (AT1) Limited Recourse Capital Notes Series 7. These notes will bear interest at 5.918% annually until July 31, 2031, and mature on July 31, 2086. The net proceeds will be used for general corporate purposes, with the offering expected to close on June 11, 2026.

TD Bank Group reported strong second quarter 2026 results with adjusted diluted earnings per share increasing 21% to $2.38 and adjusted net income rising 15% to $4.2 billion year-over-year. The Bank saw record earnings in Canadian Personal and Commercial Banking, Wealth Management and Insurance, and Wholesale Banking, alongside accelerated momentum in U.S. Banking. The company also announced an ongoing share buy-back and a dividend increase, while continuing to make progress on its U.S. BSA/AML remediation efforts, expecting approximately US$500 million in related investments for fiscal 2026. Reported net income and EPS were significantly lower year-over-year due to specific adjustments, including an income tax adjustment on the gain from the sale of Charles Schwab Corporation shares.

TD Bank Group announced it anticipates approximately $15 million in catastrophe claims after reinsurance and before tax to be reflected in its Wealth Management & Insurance segment's fourth-quarter results. These claims relate to single events with aggregate insurance claims exceeding $5 million before reinsurance, impacting the bank's financial performance.

Toronto-Dominion Bank's earnings coverage on subordinated notes and debentures, preferred shares, and capital trust securities for the twelve months ended October 31, 2025, shows a reported net income coverage of 20.3 times the aggregate dividend and interest requirement. On an adjusted basis, the coverage was 16.1 times, indicating the bank's capacity to meet its obligations.

Toronto Dominion Bank (TD) announced its intention to launch a new normal course issuer bid to repurchase for cancellation up to $7 billion of its common shares, not to exceed 61 million shares, representing approximately 3.63% of outstanding shares. This follows the completion of an existing $8 billion buyback program and is subject to regulatory and exchange approvals, signaling TD's confidence in its financial position and commitment to returning capital to shareholders.

Toronto-Dominion Bank (TD) announced that it has received regulatory approval for a new normal course issuer bid to repurchase up to $7 billion of its common shares, not exceeding 61 million shares. This follows the completion of a previous $8 billion share repurchase program, signaling TD's continued confidence in its financial position and commitment to returning capital to shareholders.

Toronto-Dominion Bank (TD) announced its intention to redeem all of its outstanding $1.25 billion 4.859% medium term notes due March 4, 2031, on the redemption date of March 4, 2026. The redemption price will be 100% of the principal amount, plus accrued and unpaid interest. This action reduces TD's outstanding debt and simplifies its capital structure.

TD Bank Group announced it anticipates approximately $7 million in catastrophe claims after reinsurance and before tax, which will be reflected in the Wealth Management & Insurance segment's first quarter results. These claims relate to single events where aggregate insurance claims exceed $5 million before reinsurance, potentially impacting the segment's profitability.

Toronto Dominion Bank (TD) announced its Q1 2026 financial results, reporting a 45% increase in net income to $4.043 billion compared to the same quarter last year. Adjusted earnings were $4.2 billion, up 16%, driven by strong performance across its businesses, including record revenue and earnings in Canadian Personal and Commercial Banking.