TD publishes transcript of Q3 2026 earnings conference call

TD released the transcript of its Q3 2026 earnings call on Aug. 27, attended by CEO Raymond Chun, U.S. Banking head Leo Salom, CFO Kelvin Tran, and CRO Ajai Bambawale.

Management posted record earnings of $4.7 billion, EPS of $2.77, CET1 of 14.3%, and ROE of 16%.

Credit outlook tightened, with total PCLs now expected near the low end of the prior 40-50 bps fiscal 2026 range.

U.S. Banking outlined plans to open 100 new stores by end-2028, with most openings expected in 2028, subject to regulatory approval.

CEO Raymond Chun flagged potential for over $13 billion of buybacks in fiscal 2027 to reach a 13% CET1 ratio by end-2027.