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TD Ameritrade to contribute C$124M to TD Bank Group's fiscal Q3 net income

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TD Ameritrade to contribute C$124M to TD Bank Group's fiscal Q3 net income

TD Bank Groupexpects TD Ameritrade Holding Corp.'sfiscal third-quarter earningsto contribute approximately C$124 million to the group's net income for the quarter,according to a news release.

and its subsidiariesare collectively known as TD Bank Group. The group is scheduled to release its fiscalthird-quarter financial results Aug. 25.

TD Ameritrade,which is owned in part by Toronto-Dominion Bank, reported net income of $240 million,or 45 cents per share, for the fiscal third quarter, compared to $197 million, or36 cents per share, in the year-ago quarter.