Profile
Sector:
Financial ServicesIndustry:
Banks - DiversifiedCountry:
CanadaIPO:
30 August 1996Website:
http://www.td.comNext earnings report:
22 August 2024Last dividends:
08 April 2024Next dividends:
10 July 2024Price
after hours | 93 min agoAnalysts recommendations
Institutional Ownership
TD Latest News
Fitch affirms ratings of Canadian banks - BMO, BNS, CM, TD and RY - based on stable economic conditions, which are likely to support their credit fundamentals and financial performance.
CHERRY HILL, N.J.--(BUSINESS WIRE)-- #ChosenFirstName--TD Bank, America's Most Convenient Bank®, today announced the launch of the Chosen First Name feature, offering customers the option to use a first name that is different from their legal or given name on their online accounts and cards. TD's Chosen First Name feature is made available through Odyssey, TD's innovative retail sales and servicing platform. The initiative creates an inclusive and welcoming experience, empowers customers to be their authentic sel.
Developments in the alleged money laundering scandals that have plagued TD Bank in recent months could present a buying opportunity. Strength in the company's Wealth Management & Insurance and Wholesale Banking businesses propelled revenue and non-GAAP EPS higher in Q2. TD's credit ratings remain robust.
Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the United States. This estimate by analysts at Jefferies Financial Group is double the previous estimates, highlighting the severity of the potential impact on Canada's second-largest lender, Bloomberg reported Wednesday (June 5).
Toronto-Dominion (TD) Bank's legal problems are growing with reported bribery allegations against a Florida banker. That ex-employee, Gerry Aquino Vargas, is accused of taking multiple $200 bribes to help customers shift millions to Colombia by avoiding anti-money laundering protections, Bloomberg News reported Monday (June 3).
Rise in fee income and decent loan and deposit growth support Toronto-Dominion's (TD) fiscal Q2 earnings, while higher expenses and provisions act as headwinds.
TD Bank Group NYSE: TD TSE: TD is a prominent player in the Canadian and North American financial services sector. TD Bank's earnings report for the second quarter of 2024 was recently unveiled, revealing TD Bank's financial performance during the quarter.
Toronto-Dominion Bank (TD Bank) reportedly fired more than a dozen employees and began an overhaul of its processes as part of its efforts to address earlier failings in its anti-money laundering (AML) program.
Toronto-Dominion Bank (TSX:TD) reported mixed fiscal second quarter financial results as it overhauls its US anti-money laundering program amid scrutiny from regulators. For the quarter ended April 30, 2024, the Canadian bank posted adjusted earnings per share (EPS) of C$2.04, up from C$1.91 in the year-ago quarter and ahead of C$1.85 expected by analysts.
Toronto-Dominion Bank (TD) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.43 per share a year ago.
What type of business is Toronto-Dominion Bank?
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. It offers its products and services under the TD Bank and America's Most Convenient Bank brand names. The company operates through a network of 1,061 branches and 3,381 automated teller machines (ATMs) in Canada, and 1,148 stores and 2,701 ATMs in the United States, as well as offers telephone, digital, and mobile banking services. It has a strategic alliance with Canada Post Corporation. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.
What sector is Toronto-Dominion Bank in?
Toronto-Dominion Bank is in the Financial Services sector
What industry is Toronto-Dominion Bank in?
Toronto-Dominion Bank is in the Banks - Diversified industry
What country is Toronto-Dominion Bank from?
Toronto-Dominion Bank is headquartered in Canada
When did Toronto-Dominion Bank go public?
Toronto-Dominion Bank initial public offering (IPO) was on 30 August 1996
What is Toronto-Dominion Bank website?
https://www.td.com
Is Toronto-Dominion Bank in the S&P 500?
No, Toronto-Dominion Bank is not included in the S&P 500 index
Is Toronto-Dominion Bank in the NASDAQ 100?
No, Toronto-Dominion Bank is not included in the NASDAQ 100 index
Is Toronto-Dominion Bank in the Dow Jones?
No, Toronto-Dominion Bank is not included in the Dow Jones index
When does Toronto-Dominion Bank report earnings?
The next expected earnings date for Toronto-Dominion Bank is 22 August 2024