TORONTO, April 25 /CNW/ - TD Bank Financial Group (TDBFG) and TD
Banknorth Inc. will host an investor call and webcast to discuss the
completion of the privatization of TD Banknorth, which on April 20, 2007,
became a wholly-owned subsidiary of TDBFG. Comments will be shared regarding
the expected impact of TD Banknorth's first-quarter earnings on TDBFG's U.S.
Personal and Commercial Banking segment results for the second quarter of
2007. TDBFG plans to release its second-quarter earnings on May 24, 2007.
To be webcast live via TDBFG's website at 11:00 a.m. ET on May 7, 2007,
the call is expected to last about 60 minutes and will feature presentations
by TDBFG executives on TD Banknorth earnings and strategy, followed by a
question and answer period with analysts. On the call will be Colleen
Johnston, Executive Vice President & Chief Financial Officer, TDBFG, Ed Clark,
President & Chief Executive Officer, TDBFG, and Bharat Masrani, President &
Chief Executive Officer, TD Banknorth.
Presentation material referenced during the call will be available on
TDBFG's Investor Relations website at www.td.com/investor/earnings.jsp on
May 7, 2007, by approximately 11:00 a.m. ET. A listen-only telephone line is
available at 416-644-3417 or toll free at 1-800-732-9307.
A replay of the call will be available from May 7, 2007 (approximately an
hour after the end of the call) to June 7, 2007. Please call 1-877-289-8525
toll free or 416-640-1917. The passcode is 21226460 followed by the number
sign (or pound key). In addition, recordings of the presentations will be
archived at www.td.com/investor/calendar_arch.jsp following the webcast and
will be available for replay for a period of one month.
The presentations may contain forward-looking statements including
statements regarding the business and anticipated financial performance of TD
Bank Financial Group. Forward-looking statements are subject to a number of
risks and uncertainties that may cause actual results to differ materially
from those contemplated by the statements. Therefore, forward-looking
statements should be considered carefully and undue reliance should not be
placed on them.
About TD Bank Financial Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group serves more than 14 million
customers in four key businesses operating in a number of locations in key
financial centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust; Wealth Management, including TD Waterhouse and an
investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD
Banknorth; and Wholesale Banking, including TD Securities. TD Bank Financial
Group also ranks among the world's leading on-line financial services firms,
with more than 4.5 million on-line customers. TD Bank Financial Group had
CDN$408 billion in assets, as of January 31, 2007. The Toronto-Dominion Bank
trades on the Toronto and New York Stock Exchanges under the symbol "TD", as
well as on the Tokyo Stock Exchange.
About TD Banknorth
TD Banknorth Inc. is a leading banking and financial services company
headquartered in Portland, Maine and a wholly-owned subsidiary of TD Bank
Financial Group. At December 31, 2006, TD Banknorth had $40 billion of total
consolidated assets. TD Banknorth's banking subsidiary, TD Banknorth, N.A.,
operates banking divisions in Connecticut, Maine, Massachusetts, New
Hampshire, New Jersey, New York, Pennsylvania and Vermont. TD Banknorth and TD
Banknorth, N.A. also operate subsidiaries and divisions in insurance, wealth
management, merchant services, mortgage banking, government banking, private
label credit cards, insurance premium financing and other financial services
and offers investment products in association with PrimeVest Financial
Services, Inc. For more information, visit http://www.TDBanknorth.com.
For further information:
For further information: Neil Parmenter, TD Bank Financial Group, (416)
982-4285; Jeff Nathanson, TD Banknorth, (207) 761-8517