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TD Ameritrade Holding Corp (AMTD.OQ)

AMTD.OQ on NASDAQ Stock Exchange Global Select Market

39.97USD
5 Oct 2020
Change (% chg)

$-0.85 (-2.08%)
Prev Close
$40.82
Open
$41.42
Day's High
$41.94
Day's Low
$39.84
Volume
27,972,710
Avg. Vol
1,746,230
52-wk High
$53.99
52-wk Low
$27.73

Latest Key Developments (Source: Significant Developments)

Schwab Stockholders Approve Acquisition Of TD Ameritrade
Friday, 5 Jun 2020 

June 4 (Reuters) - Charles Schwab Corp ::SCHWAB STOCKHOLDERS APPROVE ACQUISITION OF TD AMERITRADE.  Full Article

Schwab Announces Closing Of The DOJ Investigation Into Acquisition Of TD Ameritrade
Thursday, 4 Jun 2020 

June 4 (Reuters) - Charles Schwab Corp ::SCHWAB ANNOUNCES CLOSING OF THE DOJ INVESTIGATION INTO ACQUISITION OF TD AMERITRADE.CHARLES SCHWAB - ON JUNE 3 ANTITRUST DIVISION OF DOJ INFORMED CO THAT DOJ DECIDED TO CLOSE INVESTIGATION OF PROPOSED ACQUISITION OF TD AMERITRADE.CHARLES SCHWAB CORP - INTEGRATION OF TD AMERITRADE IS EXPECTED TO TAKE BETWEEN 18 TO 36 MONTHS TO COMPLETE FOLLOWING CLOSE..CHARLES SCHWAB CORP - CONTINUE TO EXPECT DEAL WILL CLOSE IN SECOND HALF OF YEAR.  Full Article

Td Ameritrade Holding Unit Entered Into An Amendment To Credit Agreement, Dated As Of May 16, 2019
Saturday, 25 Apr 2020 

April 24 (Reuters) - TD Ameritrade Holding Corp ::TD AMERITRADE HOLDING CORP - UNIT ENTERED INTO AN AMENDMENT TO CREDIT AGREEMENT, DATED AS OF MAY 16, 2019.TD AMERITRADE HOLDING CORP - AMENDED CREDIT AGREEMENT PROVIDES AN $850 MILLION SENIOR UNSECURED REVOLVING LOAN FACILITY.  Full Article

Td Ameritrade Reports Q2 Earnings Per Share $0.82
Thursday, 23 Apr 2020 

April 22 (Reuters) - TD Ameritrade Holding Corp ::TD AMERITRADE REPORTS SECOND QUARTER FISCAL 2020 RESULTS.Q2 REVENUE $1.5 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.41 BILLION.Q2 GAAP EARNINGS PER SHARE $0.82.Q2 EARNINGS PER SHARE ESTIMATE $0.87 -- REFINITIV IBES DATA.Q2 NON-GAAP EARNINGS PER SHARE $0.86.RECORD DAILY AVERAGE REVENUE TRADES OF 2.1 MILLION IN Q2.SCHWAB DEAL CLOSE REMAINS ON TRACK FOR SECOND HALF OF 2020.QTRLY DARTS 2.1 MILLION, UP 144%.MARCH DARTS UP 236%."TRADING REMAINS STRONG IN APRIL, AVERAGING 3 MILLION DARTS THROUGH APRIL 20".QTRLY NET NEW CLIENT ASSETS OF $45 BILLION, SPLIT 58% RETAIL AND 42% INSTITUTIONAL; ANNUALIZED GROWTH RATE OF 13%.  Full Article

Td Ameritrade Posts Q1 Adj Earnings Per Share Of $0.74
Wednesday, 22 Jan 2020 

Jan 21 (Reuters) - TD Ameritrade Holding Corp ::TD AMERITRADE REPORTS FIRST QUARTER FISCAL 2020 RESULTS.Q1 REVENUE $1.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.3 BILLION.Q1 GAAP EARNINGS PER SHARE $0.70.Q1 NON-GAAP EARNINGS PER SHARE $0.74.Q1 EARNINGS PER SHARE ESTIMATE $0.77 -- REFINITIV IBES DATA.QTRLY NET NEW CLIENT ASSETS OF $29 BILLION, AN ANNUALIZED GROWTH RATE OF 9 PERCENT.QTRLY TOTAL CLIENT ASSETS OF $1.4 TRILLION.  Full Article

Fitch Ratings Says Schwab's 'A'/'F1' Ratings Unaffected By Proposed TD Ameritrade Acquisition
Wednesday, 27 Nov 2019 

Nov 26 (Reuters) - Fitch ratings::FITCH RATINGS SAYS SCHWAB'S 'A'/'F1' RATINGS UNAFFECTED BY PROPOSED TD AMERITRADE ACQUISITION.FITCH SAYS VIEWS STRATEGIC RATIONALE AND POTENTIAL COST SYNERGIES OF PROPOSED TD AMERITRADE-CHARLES SCHWAB MERGER FAVORABLY.FITCH SAYS LONGER-TERM, IT BELIEVES POTENTIAL BENEFITS FROM TD AMERITRADE-CHARLES SCHWAB DEAL, IF EXECUTED WELL, COULD OUTWEIGH DOWNSIDE RISKS.FITCH- THERE IS A POSSIBILITY THAT PROPOSED TD AMERITRADE-CHARLES SCHWAB MERGER COULD DRAW ANTITRUST SCRUTINY.  Full Article

TD's Stockholders' Agreement With Schwab Prohibits Bank From Selling Its Shares In New Co For 8 Months From Deal Closing
Monday, 25 Nov 2019 

Nov 25 (Reuters) - Toronto-Dominion Bank ::TD BANK CEO MASRANI SAYS SYNERGIES FROM SCHWAB-TD AMERITRADE DEAL COULD INCREASE VALUE OF TD BANK'S STAKE IN COMBINED CO BY $4-6 BILLION.TD'S STOCKHOLDERS' AGREEMENT WITH SCHWAB PROHIBITS BANK FROM SELLING ITS SHARES IN NEW CO FOR 8 MONTHS FROM DEAL CLOSING-TD CFO RIAZ AHMED.TD BANK SAYS EXPECTS C$25 MILLION ADJUSTED LOSS IN 1ST YEAR, C$65 MILLION AND C$125 MILLION ADJUSTED PROFITS IN 2ND, 3RD YRS FROM SCHWAB-TD AMERTIRADE DEAL.  Full Article

TD To Have Ownership Stake In The Charles Schwab Corporation Following Schwab's Acquisition Of TD Ameritrade
Monday, 25 Nov 2019 

Nov 25 (Reuters) - Toronto-Dominion Bank ::TD TO HAVE OWNERSHIP STAKE IN THE CHARLES SCHWAB CORPORATION FOLLOWING SCHWAB'S ACQUISITION OF TD AMERITRADE.TORONTO-DOMINION BANK - EXPECTS TO RECORD A SIZEABLE REVALUATION GAIN AT DEAL CLOSING.TD BANK - EXPECTS SHARE OF SCHWAB'S EARNINGS TO INCREASE PROPORTIONATELY, MORE THAN OFFSETTING IMPACT OF LOWER REVENUE UNDER REVISED IDA AGREEMENT.TORONTO-DOMINION BANK - OVERALL EFFECT ON TD'S EARNINGS PER SHARE IS EXPECTED TO BE MODESTLY ACCRETIVE ONCE DEAL INTEGRATION IS COMPLETE.TORONTO-DOMINION BANK - UPON DEAL CLOSING, WE ALSO EXPECT TRANSACTION TO HAVE MINIMAL CAPITAL IMPACT TO TD.  Full Article

Charles Schwab Is Buying Ameritrade For $26 Bln - Fox Business
Thursday, 21 Nov 2019 

Nov 21 (Reuters) - :CHARLES SCHWAB IS BUYING AMERITRADE FOR $26 BILLION - FOX BUSINESS, CITING SOURCES.  Full Article

Charles Schwab in talks to buy TD Ameritrade - CNBC
Thursday, 21 Nov 2019 

Nov 21 (Reuters) - :SCHWAB IN TALKS TO BUY TD AMERITRADE - CNBC.  Full Article

UPDATE 1-Charles Schwab to cut about 1,000 jobs

Oct 26 Charles Schwab Corp said on Monday it is laying off about 1,000 positions in the combined workforce of Charles Schwab and TD Ameritrade to streamline and reshape their branch network.

No consensus analysis data available.