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Toronto-Dominion Bank T.TD

Alternate Symbol(s):  TD | TDBCP | T.TD.PF.A | TDOPF | T.TD.PF.C | T.TD.PF.D | TDBKF | TDOMF | T.TD.PF.E | T.TD.PF.I | T.TD.PF.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

Post by retiredcfon Oct 20, 2023 6:29am
323 Views
Post# 35692482

Top Pick

Top PickFirst stock in the clip; he and his family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/paul-harris-top-picks~2789668

TD Bank (TD - T)

TD, Canada’s second-largest bank, has developed a strong franchise in the U.S.  The stock trades at 1.4 book value, 10 times 2021 earnings, 4.8 per cent dividend yield. TD has strong capital ratios and a diversified business with a large percentage from fee income.

TOP PICK
Toronto Dominion(TD-T)
18/10/2023
 
Cheap, trading at 1.4x book and pays a 4.77% dividend yield. Lots of capital after their Horizon deal didn't happen. Are highly diversified with lots of fee income, but well-regulated. It's a tough year for banks, but TD has lots of capital and can buyback shares and make an acquisition.
(Analysts’ price target is $90.49)
Banks

Paul Harris
$80.380
Owned
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