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(AWP Alliance News) - TD's Q3 2026 earnings conference call on Aug. 27 drew CEO Raymond Chun, U.S. banking head Leo Salom, CFO Kelvin Tran, CRO Ajai Bambawale, wholesale banking head Tim Wiggan, Canadian personal banking head Sona Mehta, and analysts including Canaccord Genuity, National Bank Financial, Desjardins, Scotia Capital, KBW, and CIBC World Markets. Management posted record adjusted earnings of USD 4.7 billion, adjusted EPS of USD 2.77, and a CET1 ratio of 14.3%, with 14,500,000 shares repurchased in the quarter.
Chun reiterated a plan to reach 13% CET1 in the second half of fiscal 2027, outlining a scenario of more than USD 13 billion in buybacks in fiscal 2027 to reach that level. Salom set U.S. expansion plans for 100 new stores by end-2028, while keeping the U.S. AML consent order as the top priority, with full-year remediation expenses expected at about USD 550 million.
Ajai Bambawale guided total PCLs toward the low end of a 40-50 bps range for 2026, citing improved impaired loss performance, while noting about USD 500 million of reserves tied to policy and trade risks.
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Disclaimer: This news brief was created using generative artificial intelligence. TD - Toronto-Dominion Bank published the original content used to generate this news brief on August 28, 2026, and is solely responsible for the information contained therein.
