TD - Toronto-Dominion Bank reported Q1 2026 net income of CAD 4.0 billion (up 45%) and adjusted net income of CAD 4.2 billion (up 16%) for the three months ended January 31, 2026. Reported diluted EPS was CAD 2.34 and adjusted diluted EPS was CAD 2.44. Total revenue was CAD 16.6 billion, provision for credit losses was CAD 1.0 billion, and the CET1 capital ratio was 14.5%. By segment, Canadian Personal and Commercial Banking posted record net income of CAD 2.0 billion (up 12%) on record revenue of CAD 5.4 billion (up 5%), supported by higher loan and deposit volumes. U.S. Banking reported net income of CAD 1.0 billion (US$747 million) and adjusted net income of CAD 1.0 billion (US$723 million), with commentary citing ongoing U.S. BSA/AML remediation investments and balance sheet restructuring impacts. Wealth Management and Insurance reported net income of CAD 757 million (up 11%) with record assets, while Wholesale Banking delivered record revenue of CAD 2.5 billion (up 24%) and net income of CAD 561 million. Items of note in Q1 2026 included CAD 200 million of restructuring charges, CAD 34 million of amortization of acquired intangibles, CAD 44 million impact from the terminated First Horizon acquisition-related capital hedging strategy, and an FDIC special assessment benefit of CAD 44 million. TD said its restructuring program concluded on January 31, 2026, with total program charges of CAD 886 million and expected fully realized annual pre-tax savings of about CAD 775 million, including an approximate 3% workforce reduction. TD also highlighted AI-related initiatives in Canada, completion of the Nordstrom credit card servicing platform conversion in the U.S., and the launch of a U.S. and European synthetic prime offering in Wholesale Banking.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TD - Toronto-Dominion Bank published the original content used to generate this news brief via CNW (Ref. ID: 202602260630CANADANWCANADAPR_C9126) on February 26, 2026, and is solely responsible for the information contained therein.