The company said net income for Q1 2025 totaled $1.9 billion, up 40% from Q1 2024, and diluted earnings per share was $.99, higher by 46% from the prior-year period. Adjusted diluted EPS was $1.04, up 41%.

1. 01

   The company said net income for Q1 2025 totaled $1.9 billion, up 40% from Q1 2024, and diluted earnings per share was $.99, higher by 46% from the prior-year period. Adjusted diluted EPS was $1.04, up 41%.

2. 02

   The company said total net revenues for Q1 2025 increased 18% year-over-year to $5.6 billion. Net interest revenue rose 21% to $2.7 billion, which the company cited lower interest expense and growth in margin and bank lending as factors.

3. 03

   The company said it reduced bank supplemental funding by $11.8 billion (24%) during Q1 2025, with $38.1 billion outstanding as of March 31. It also repurchased nonvoting common stock of 19.2 million shares from TD Group US Holdings LLC for $1.5 billion.

4. 04

   The company said core net new assets for Q1 2025 totaled $137.7 billion, up 44% from Q1 2024, representing an annualized growth rate of 5.5%. Active brokerage accounts at March 31 rose 5% year-over-year to 37.0 million.

Key figures

Quarter ended March 31, 2025

Revenue

$5.6B

Net income

$1.9B

EPS

$0.99

Operating cash flow

$6.4B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.