TD Bank expects to take a final charge of $125-million related to its anti-money-laundering remediation efforts in the first quarter of 2026.

Toronto-Dominion Bank TD-T booked fourth-quarter earnings that topped analysts’ estimates as the lender posted a boost in capital markets activity and continued to adjust its U.S. business.

TD’s profit slumped 10 per cent to $3.3-billion, or $1.82 per share, in the three months ended Oct. 31. Adjusted to exclude certain items, including restructuring costs, the bank said profit rose 22 per cent and it earned $2.18 per share. That beat the $2.01 per share analysts expected, according to S&P Capital IQ.

“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

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