Recent Updates — TD
The Toronto-Dominion Bank announced executive leadership changes effective September 4, 2026. Vlad Shpilsky was appointed Group Head of Global Technology and Solutions to continue leading technology and digital initiatives. Renu Gupta joined the Senior Executive Team as Senior Executive Vice President and Chief Strategy and Commercial Officer, consolidating strategy, corporate development, digital assets, payments, partnerships, and procurement under her role. Paul Whitehead became Senior Executive Vice President of Global Corporate Services, assuming responsibility for global corporate affairs and enterprise AI in addition to his existing mandates. Taylan Turan departed the company as Group Head and Chief Operating Officer. The Toronto-Dominion Bank operates in the banking industry, providing personal, commercial, wealth management, insurance, and wholesale banking services across North America.
TD Bank Group announced senior leadership appointments effective September 4, 2026. Vlad Shpilsky continues as Group Head of Global Technology and Solutions. Renu Gupta joins the Senior Executive Team as Senior Executive Vice President and Chief Strategy and Commercial Officer. Paul Whitehead joins as Senior Executive Vice President, Global Corporate Services, assuming responsibility for Global Corporate Affairs and enterprise AI. Taylan Turan, Group Head and Chief Operating Officer, is departing the bank. The Toronto-Dominion Bank operates in the financial services industry, providing personal, commercial, wealth management, and wholesale banking services.
TD Bank Group reported third quarter 2026 results with reported diluted earnings per share of $2.74 and adjusted diluted earnings per share of $2.77, representing year-over-year increases of 21% and 26%, respectively. Reported net income rose to $4,615 million from $3,336 million in the prior year period. The bank maintained a Common Equity Tier 1 capital ratio of 14.3%. Canadian Personal and Commercial Banking delivered record revenue of $5,517 million, while U.S. Banking net income increased 41% to $1,074 million. Wholesale Banking achieved record performance with an 87% year-over-year increase in net income to $743 million. The company operates in the banking and financial services industry.
The Toronto-Dominion Bank announced the pricing of a public offering of SGD 350 million in Fixed Rate Reset Callable Subordinated Notes (Non-Viability Contingent Capital). The notes bear interest at 3.125% per annum until August 5, 2031, and at the 5-year SORA-OIS rate plus 1.048% thereafter until maturity on August 5, 2036. Net proceeds will be used for general corporate purposes, including potential redemption of outstanding capital securities or repayment of other liabilities. The notes are expected to qualify as Tier 2 capital and were managed by DBS Bank Ltd., OCBC, and TD Securities. This transaction represents a significant debt issuance aimed at strengthening the bank's regulatory capital position.
The Toronto-Dominion Bank announced the pricing of its CAD Non-Viability Contingent Capital (AT1) Limited Recourse Capital Notes on June 4, 2026.