TD Bank (TD) AGM 2026 summary

Opening remarks and agenda

• Welcomed shareholders and proxy holders, acknowledged Indigenous lands, and outlined meeting protocols for both in-person and virtual attendees.

• Confirmed quorum with over 54% of shares represented and explained voting and question procedures.

• Provided agenda and guidelines for participation, emphasizing inclusivity and orderliness.

Financial performance review

• Reported a strong year with revenues up 9% to CAD 61.8 billion and earnings up 5% to over CAD 15 billion.

• Earnings per share increased 7% to CAD 8.37; CET1 ratio at 14.7%.

• Q1 2026 saw record earnings of over CAD 4.2 billion, up 16%, and record EPS of CAD 2.44, up 21%.

• Completed a CAD 8 billion share buyback and began a second for CAD 7 billion; dividends increased and now reviewed biannually.

Board and executive committee updates

• Five new independent directors added in 2025, bringing diverse experience.

• Board focused on long-term needs, risk oversight, and adapting to economic, geopolitical, and technological changes.

• TD tied for number one in corporate governance ranking in 2025.

• Board worked closely with new CEO, who has taken decisive action to strengthen the organization.