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Toronto Dominion Bank (TSE:TD)
TSX:TD
Earnings Data
Report Date
Aug 28, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
2.02Last Year’s EPS
2.05Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 22, 2025
|% Change Since: 6.31%
|Next Earnings Date:Aug 28, 2025
Earnings Call Sentiment|Neutral
TD Bank Group reported strong earnings and maintained a solid capital position, with significant progress in digital investments and wealth management growth. However, challenges persist with macroeconomic uncertainty, restructuring impacts, and high remediation costs. While the bank is navigating these challenges effectively, the balance of highlights and lowlights suggests a cautious outlook.Company Guidance
During TD Bank Group's Q2 2025 earnings call, the bank provided guidance on several financial metrics. The bank reported robust earnings of $3.6 billion and an EPS of $1.97. The CET1 ratio stood at 14.9%, reflecting strong capital levels. The bank repurchased 30 million shares for a total of $2.5 billion, with plans to deploy $8 billion from the Schwab share sale proceeds for the current NCIB. The quarter saw a decrease in impaired PCLs, demonstrating strong credit performance, while performing reserves increased due to macroeconomic uncertainties. The bank's revenue grew by 9% year-over-year, driven by higher trading and fee income, while expenses rose by 12%. The strategic review led to a $9 billion sale of correspondent loans and plans to wind down the US point-of-sale financing business, enhancing US retail ROE. Additionally, TD announced a restructuring program with expected annual savings of $550 million to $650 million pretax. The bank also highlighted its focus on digital and AI investments, with TD's AI research center, Layer 6, filing over 800 AI patents globally.Strong Quarter Earnings
TD Bank delivered a strong Q2 2025 with earnings of $3.6 billion and EPS of $1.97. The bank saw robust trading and fee income, and volume growth year-over-year in Canadian Personal and Commercial Banking.
Capital and Reserve Management
The bank's CET1 ratio was 14.9%. TD made good progress on share buybacks, repurchasing 30 million shares for a total of $2.5 billion. Performing reserves were increased by over $0.5 billion over the past two quarters.
Wealth Management and Insurance Growth
TD's Wealth Management and Insurance segment had a strong quarter with Wealth Management revenue up 13% year-over-year. TD Asset Management added $5.3 billion in net institutional assets.
Wholesale Banking Record Revenue
Wholesale Banking achieved record revenue of $2.1 billion, benefiting from market volatility.
Digital and AI Investments
TD announced plans to open a new office for Layer 6, TD's AI research and development center, and continued to enhance AI capabilities in fraud detection and customer service.
TSE:TD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:TD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 27, 2025 | C$84.56 | C$85.16 | +0.71% |
Dec 05, 2024 | C$77.57 | C$72.08 | -7.08% |
Aug 22, 2024 | C$78.23 | C$76.59 | -2.09% |
May 23, 2024 | C$72.93 | C$71.76 | -1.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Toronto Dominion Bank (TSE:TD) report earnings?
Toronto Dominion Bank (TSE:TD) is schdueled to report earning on Aug 28, 2025, TBA Not Confirmed.
What is Toronto Dominion Bank (TSE:TD) earnings time?
Toronto Dominion Bank (TSE:TD) earnings time is at Aug 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TD EPS forecast?
TSE:TD EPS forecast for the fiscal quarter 2025 (Q3) is 2.02.
