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The Toronto-Dominion Bank (NYSE:TD ) Q2 2025 Earnings Conference Call May 22, 2025 8:00 AM ET Company Participants Brooke Hales - Head of IR Raymond Chun - CEO Leo Salom - President and CEO, TD Bank Kelvin Tran - CFO Ajai Bambawale - CRO Sona Mehta - Group Head, Canadian Personal Banking Tim Wiggan - Group Head, Wholesale Banking and President and CEO, TD Securities Conference Call Participants Matthew Lee - Canaccord Genuity John Aiken - Jefferies Gabriel Dechaine - National Bank Financial Doug Young - Desjardins Capital Markets Paul Holden - CIBC Sohrab Movahedi - BMO Capital Markets Mike Rizvanovic - Scotiabank Lemar Persaud - Cormark Securities Darko Mihelic - RBC Capital Markets Operator Good morning, everyone. Welcome to the TD Bank Group Q2 2025 Earnings Conference Call.

Toronto-Dominion Bank (TSX:TD) shares moved higher as the bank announced an earnings beat for the fiscal second quarter and unveiled a restructuring plan, including a 2% workforce reduction impacting about 2,000 employees. The restructuring plan aims to save between C$550 million to $650 million pre-tax from the workforce reduction and other cost savings measures, including real estate optimization.

Toronto-Dominion Bank (TD) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.50 per share a year ago.

Toronto-Dominion Bank's earnings soared in the recent quarter thanks to the exit from its investment in Charles Schwab, though loan-loss provisions were on the rise and the bank cautioned the economic outlook had weakened in the wake of President Trump's tariffs.

TD Bank reported a fall in second-quarter profit on Thursday, as the Canadian lender stockpiled money to cover for potential bad loans in an uncertain economic environment.

Investors with an interest in Banks - Foreign stocks have likely encountered both Woori Bank (WF) and Toronto-Dominion Bank (TD). But which of these two companies is the best option for those looking for undervalued stocks?

Toronto-Dominion (TD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Toronto-Dominion Bank (TD) concluded the recent trading session at $63.28, signifying a +0.16% move from its prior day's close.

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