“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.
- Eligibility is determined based on the SSN/TIN of the business used to open the account.
- The bank said Thursday it will pay a quarterly dividend of $1.08 per share, up from $1.05 per share.
- Jefferies analyst John Aiken said Thursday that TD delivered “a resilient performance in its U.S. retail banking platform” during the most recent quarter.
- Our Mobile App and Online Banking Services make it easy to keep track of your accounts.
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Quickly switch between accounts, such as checking, savings, credit card, mortgage and more. Get access to your accounts anytime, ameritrade forex broker anywhere. Using online banking has never been easier for TD Bank customers.
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.
Online Banking & Financial Services to Meet Your Goals
Unique security codes make banking with us more secure. Transfer funds between your TD Bank accounts or with an external account. Manage Your Accounts Using our streamlined Accounts view, you can see all your accounts on one page. Manage all your banking needs in one place. Pick up a Checkbook Register and write down transactions as you go.
A $35 fee applies to each transaction that overdraws your available account balance by more than $50, whether that transaction is made by debit card, check, in-person withdrawal, or other electronic means (up to a maximum of 3 fees per day per account). A $35 overdraft fee will apply for each overdrawn ATM and one-time debit card transaction we pay. Note that pending transactions will impact the available balance, but won’t incur any potential overdraft fees until after the items clear. If you’re like most TD Bank customers, you use a combination of cash, checks, online banking, and your debit card to pay bills and make everyday purchases.
TD Bank Employees and Canadian Cross-border banking Customers are not eligible. If your new checking account is closed by you or TD Bank within 6 months after account opening, TD Bank reserves the right to deduct the bonus amount at closing. After you have completed the requirements outlined above, we’ll deposit the bonus in your new account on or before 180 days after account opening. Conduct 25 qualifying transactions across the first 3 statement cycles.
My 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. “In the U.S., the economy continues to perform, with businesses and households benefiting from regulatory and monetary policy changes,” Chun said.
Understanding your available balance
- TORONTO — TD Bank Group raised its dividend as it reported its fourth-quarter profit fell compared with a year ago, weighed down by one-time restructuring charges.
- Access tools to help you get your banking done faster.
- The best way to avoid overdrafts is to actively keep track of your account and know what your available balance is at all times.
- And you can always visit one of our Convenient Locations or call TD Customer Service by phone 24 hours a day.
- 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.”
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. 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.
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. 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.
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Sam should consider this money as unavailable for any future purchases and keep enough money in his account for those payments to process to avoid overdrafts. Sam begins the day by using online banking to check his account. Let’s examine how Available Balance works by looking at a typical customer’s day so you can better understand how to manage your own checking account and avoid overdrafts. 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.
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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. And you can always visit one of our Convenient Locations or call TD Customer Service by phone 24 hours a day. We think you should be able to decide how you’d like your account to work if this happens.
More time to prevent fees with Grace Period2
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. Offer may be withdrawn at any time.
A $35 fee applies to each transaction that overdraws your available account balance by more than $50, (up to a maximum of 3 fees per day per account). TD said its Canadian personal and commercial banking business earned $1.87 billion in its latest quarter, up from $1.82 billion a year ago as higher revenue was partially offset by higher provisions for credit losses and non-interest expenses. 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.
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Our Mobile App and Online Banking Services make it easy to keep track of your accounts. When the day is done, Sam’s end-of-day available balance is $1975. New accounts may have to wait longer for their funds to be available. While running errands at lunch, Sam buys a cup of coffee using his debit card. Sam’s available balance doesn’t reflect any checks he’s written or any scheduled bill payments that have not yet cleared.
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. We may decline or return transactions that would result in an overdraft. You are obligated to pay overdrafts immediately.
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. Planning ahead for occasional overdrafts makes smart banking sense, but the best advice is to manage your account and avoid overdrafts before they happen. If your overdraft protection account does not cover your overdrawn balance, plus the transfer fee, no transfer will occur and you may be charged a $35 overdraft fee for each item we pay or return. The best way to avoid overdrafts is to actively keep track of your account and know what your available balance is at all times. If we do pay or return an overdraft item for you, a $35 overdraft fee applies for each item, up to five fees per day. Now, let’s look at how Sam’s banking transactions were processed overnight to help you understand what you may see in your own account.
TD Bank’s standard account opening requirements and conditions apply. To qualify for the $500 Cash Back Offer, you must open a new TD Business Checking account.