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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Charles Schwab Corporation | NYSE:SCHW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.62 | -0.83% | 73.94 | 74.44 | 73.62 | 74.37 | 3,530,372 | 19:39:49 |
By Adriano Marchese
Toronto-Dominion Bank said Monday it expects about 170 million Canadian dollars ($134.8 million) of reported equity in net income of an investment in its third quarter from its investment in Charles Schwab Corp.
The Canadian commercial bank has a roughly 13.5% stake in Schwab through the acquisition of TD Ameritrade by Schwab.
TD said adjusted equity in net income of its investment in Schwab will be around C$221 million, excluding acquisition-related charges of around C$18 million after-tax and around C$33 million of amortization of acquired intangibles.
TD is expected to release its third quarter results Aug. 26.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
July 19, 2021 07:14 ET (11:14 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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