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Toronto-Dominion Bank T.TD

Alternate Symbol(s):  T.TD.P.M | TD | T.TD.P.A | TDBCP | T.TD.P.B | TDBKF | T.TD.P.C | T.TD.P.D | T.TD.P.E | T.TD.P.I | TNTTF | T.TD.P.J

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its Canadian Personal and Commercial Banking segment offers a full range of financial products and services to approximately 15 million customers in the Bank’s personal and commercial banking businesses in Canada. Its U.S. Retail segment offers a range of financial products and services under the brand TD Bank, America’s Most Convenient Bank. U.S. Retail Segment also TD Auto Finance U.S., TD Wealth (U.S.) business. Wholesale Banking segment operates under the brand name TD Securities, which offers a range of capital markets and corporate and investment banking services to corporate, government, and institutional clients. Its Wealth Management and Insurance segment provides wealth solutions and insurance protection to approximately six million customers in Canada.


TSX:TD - Post by User

Comment by thumbleon May 01, 2024 8:34am
93 Views
Post# 36016824

RE:RE:RE:RE:First Hit

RE:RE:RE:RE:First HitI usually read the price action, as you said the stock bucked the market, there's little that the street doesn't know, banks are typically very conservative with their provisions, I have a large position over 20000 shares and my bet is that the $450M USD is generous based on what the bank already knows about the investigation and past cases.
by the time everyone is clear on the final numbers it will be too late to buy. Furthermore even if it's $1B it's still a drop in the bucket for TD.
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