Sneak Preview of The Toronto-Dominion Bank ($TD) 3Q20 Earnings

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The Toronto-Dominion Bank (NYSE:TD) provider of personal and commercial banking services, is expected to report third quarter earnings results, before market open, on Thursday 27th August 2020.

Previous Quarter Performance

The Toronto-Dominion Bank unwinded income for the second quarter of $ 0.63 per share, from the revenue of $ 7,854.00 million.

Stock Performance

Shares of The Toronto-Dominion Bank traded up $ 1.49 or 3.04 percent on Wednesday, reaching $ 50.46 with volume of 2.62 million shares. The Toronto-Dominion Bank has traded high as $ 50.60 and has cracked $ 48.98 on the downward trend

The closing price of $ 50.46, representing a 45.14 % increase from the 52 week low of $ 33.74 and a 16.3 % decrease over the 52 week high of $ 58.51.

The company has a market capital of $ 90.73 billion and is part of the Financial Services sector and Banks – Global industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.79 per share on May 28, 2020. The dividend were payable on July 31, 2020 to holders of record as of the close of business on July 10, 2020 and ex-dividend date on July 9, 2020.

Conference Call

The Toronto-Dominion Bank will be hosting a conference call at 1:30 PM eastern time on 27th August 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-866-696-5894 Toll Free, when prompted, enter passcode 2727354 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/ttcpnqnp

The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking.