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Company News

BRIEF-Toronto-Dominion Bank Estimates Overall One-Time Impact Of About $400 Mln​ due to the Tax Act

Jan 8 (Reuters) - Toronto-Dominion Bank:

* TD ESTIMATES OVERALL ONE-TIME IMPACT OF TAX ACT WILL REDUCE EARNINGS FOR QUARTER ENDING JAN 31, 2018 BY ABOUT US$400 MILLION

* ONE-TIME IMPACT OF TAX ACT IN Q1 OF FISCAL 2018 IS EXPECTED TO REDUCE BANK’S CET1 RATIO BY APPROXIMATELY 9 BASIS POINTS Source text for Eikon: Further company coverage:

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