Salom said the bank is working closely with both regulators and its regulator-mandated monitor to “ensure that we can demonstrate sustainability over the long term.” But he was vague about how long the company may be bound by the enforcement actions. TD’s efforts have included machine learning enhancements to transaction monitoring, “advanced risk detection capabilities” and a look-back review, as required by its fall 2024 consent order with the Office of the Comptroller of the Currency. The Bank Secrecy Act and AML remediation investments cost $507 million in the last fiscal year, and the bank expects similar expenses in 2026, as it had previously outlined.
TD Bank (US)
The bank said Thursday it will pay a quarterly dividend of $1.08 per share, up from $1.05 per share. “TD had a strong fourth quarter, delivering robust fee and trading income in our markets-driven businesses as well as volume growth year-over-year in Canadian Personal and Commercial Banking, capping a year of strong performance,” chief executive Raymond Chun said in a statement on Thursday. Toronto-Dominion Bank beat analysts’ earnings expectations after reporting higher fourth-quarter profits on Thursday, driven by better performances in its United States retail business, wealth management and wholesale banking segments.
TD Bank raises dividend despite Q4 profit drop to $3.28B
- “In the U.S., the economy continues to perform, with businesses and households benefiting from regulatory and monetary policy changes,” Chun said.
- Transfer funds between your TD Bank accounts or with an external account.
- New accounts may have to wait longer for their funds to be available.
- Your available balance can be overdrawn by up to $5 without incurring any fees.
Sam remembers he wrote a personal check for $100 to his babysitter and has a $50 check to his niece. He sees that a $500 direct deposit has been made, and his available balance shows as $2000. And if you’re new to Online Banking, no problem – view demos and learn how to maximize your online experience with TD Bank. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information. If a Sole Proprietor using an SSN also has a Personal account, the Business account would still be eligible for the promotion.
Get to know your TD Bank accounts
Breaking business news, incisive views, must-reads and market signals. Its adjusted net income — which removes the impact of non-recurring items — was $3.9 billion, compared to $3.2 billion last year, resulting in adjusted earnings per share of $2.18, which beat analysts’ expectations of about $2.01 per share. TD’s net income for the three months ending Oct. 31 was $3.28 billion, compared to $3.63 billion during the same period a year ago, resulting in net earnings per share of $1.82. Create an account or sign in to continue with your reading experience. Or sign-in if you have an account.
Online Banking & Financial Services to Meet Your Goals
“That being said, we’re not at end of job,” Salom said during TD’s fourth-quarter earnings call, which covered the three-month period ending Oct. 31. Leo Salom, who leads the Toronto-based company’s stateside subsidiary, said Thursday that TD completed “the majority” of the U.S. management remediation actions this year. Increased security by masking ameritrade forex broker your account numbers. Updated features Send, receive and request money by email or text using Send Money. For each automatic transfer, a $10 daily transfer fee will apply.
- In the quarter that ended Oct. 31, 2025, TD reduced its noncore loans by $5 billion and sold a notional $7 billion of investments.
- Breaking business news, incisive views, must-reads and market signals.
- A $35 overdraft fee will apply for each overdrawn ATM and one-time debit card transaction we pay.
- Your available balance tells you how much money is currently available for you to spend.
Additional overdraft options for you
Sign up for Balance Alerts, and at the start of the business day, you’ll receive an e-mail notifying you if you’ve reached the available balance limit that you set. Your available balance can be overdrawn by up to $5 without incurring any fees. All other overdrawn transactions may be considered for payment at our discretion. With this service, if you don’t have enough available funds in your account, your debit card will be declined at the time of the swipe. UNDERSTANDING YOUR OVERDRAFT OPTIONS At TD Bank, we understand that sometimes the funds available in your account are not quite enough to cover a transaction. Lastly, any interest earned or other fees generated by the end of the day, such as non-TD ATM fees, Monthly Maintenance fees, or Paper Statement fees will then be applied.
“In the U.S., the economy continues to perform, with businesses and households benefiting from regulatory and monetary policy changes,” Chun said. But Aiken added that TD will need to demonstrate loan growth in the first half of 2026 to prove that its future is indeed sunnier. “As TD continues down its U.S. remediation path, avenues for growth become more apparent for 2026,” Aiken wrote in a note to clients.
“The bank expects the program to generate total pre-tax fully realized annual program savings of approximately $750 million, including savings from an approximate three per cent workforce reduction.” “The restructuring program generated savings of approximately $100 million pre-tax in 2025,” TD said. TD’s U.S. retail segment had adjusted net income of about $1 billion, up $227 million, or 29 per cent, compared to the fourth quarter last year. “Throughout 2025, we took decisive action to strengthen our bank and shape TD for the future.” For fiscal 2025, the bank’s net income was 20.5 billion, compared to $8.8 billion last year, while its adjusted net income was 15.02 billion in fiscal year 2025, compared to $14.2 billion last year.
Accessibility & Feedback
On an adjusted basis, TD says it earned $2.18 per diluted share for its latest quarter, up from an adjusted profit of $1.72 per diluted share in the same quarter last year. TD says its profit amounted to $3.28 billion or $1.82 per diluted share for the quarter ended Oct. 31, compared with a profit of $3.64 billion or $1.97 per diluted share a year ago. In September, Canada’s second-largest bank said it was aiming to cut billions of dollars’ worth of expenses and accelerate growth while getting “back to winning.” The restructuring program began in the second quarter. TD also announced it is increasing its quarterly dividend by three cents to $1.08 a share. Toronto Dominion expects further restructuring charges as it aims to cut expenses and accelerate growth
These short videos can help you understand how banking with TD works so you can maximize your accounts and services. For example, preauthorized transactions and other transactions may post to your Account even when the available balance in your Account is not sufficient to pay the transaction. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you repeatedly overdraft. With TD Overdraft Relief1, we offer you even more flexibility—including no fee if you overdraw your checking account balance by $50 or less. TD’s wealth management business earned $699 million in the quarter, up from $349 million a year ago, while the bank’s wholesale baking group earned $494 million, up from $235 million in the same quarter last year.
David Rosenberg: 10 reasons why we’re now bullish on the Canadian dollar for the first time in many years
We may decline or return transactions that would result in an overdraft. You are obligated to pay overdrafts immediately. To receive the bonus, your account must not be closed or restricted at the time of payout. Deposit a minimum of $2,500 within the first 25 days and maintain at least a $2,500 balance for 90 additional days from the 25th day after account opening.\r\n 2. Explore unexpectedly human ways to manage your bank accounts 24/7—even when you’re on the go. Revenue for the quarter totalled $15.49 billion, down from $15.51 billion a year ago, while the bank’s provision for credit losses amounted to $982 million, down from $1.11 billion in the same quarter last year.
M&T Mobile Banking
Whether you need to view your statements, pay bills, track balances, set up e-mail alerts or transfer money, My TD is the quickest, easiest way to access your accounts. 3Our Standard Overdraft Service may allow ACH payments, recurring debit transactions and personal checks to go through for a fee. The order in which transactions are processed may affect the total amount of overdraft fees incurred. Jefferies analyst John Aiken said Thursday that TD delivered “a resilient performance in its U.S. retail banking platform” during the most recent quarter. All transactions are processed at the end of the business day and are sorted in the following manner.
Manage accounts on the go.
Earlier this year, TD also rolled out a restructuring program, which it projects will eventually yield 750 million of Canadian dollars in annual cost savings. The bank will continue to sell some loans through the next fiscal year, but it doesn’t expect additional investment portfolio changes. In the quarter that ended Oct. 31, 2025, TD reduced its noncore loans by $5 billion and sold a notional $7 billion of investments. Last October, TD pleaded guilty to fumbling AML controls that allowed the laundering of hundreds of millions of dollars in dirty money through U.S. branches.
He also purchases the new bestseller and pays with his debit card, which reduces his available balance by $20 immediately, and will appear in his Pending Transactions. It’s important to remember that your available balance may not be the same as the balance on your statement, due to pending transactions. Different types of transactions affect your available balance in different ways. Streamline your online banking with My TD. Deposit a minimum of $2,500 within the first 25 days and maintain at least a $2,500 balance for 90 additional days from the 25th day after account opening.
Eligibility is determined based on the SSN/TIN of the business used to open the account. You will not qualify for the cash back offer if you are an existing TD Bank Business Checking customer OR had a previous Business Checking account that was closed within the preceding 12 months OR have received a prior Business Checking account bonus at any time. Transactions that you make may cause your Account to overdraw but we will not assess your TD Essential Banking Account an overdraft fee or return item fee. TD Debit Card AdvanceSM is different from other forms of overdraft coverage in that it does not transfer funds from an approved line of credit, savings account, or home equity line of credit.