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Toronto-Dominion Bank T.TD

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

Financial Services Banks - Global
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, which provides financial products and services to personal, small business and commercial customers, and includes TD Auto Finance Canada; U.S. Retail segment, which is comprised of personal and business banking in the United States, operating under the brand TD Bank; Wealth Management and Insurance segment includes the Canadian wealth business which provides investment products and services to institutional and retail investors, and the insurance business which provides property and casualty insurance, as well as life and health insurance products to customers across Canada, and Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures.


TSX:TD - Post by User

Toronto-Dominion Bank
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(1941)
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Post by Possibleidiot01on Jun 28, 2024 10:15am
451 Views
Post# 36110602

Lorne Steinberg - BNN - BUY

Lorne Steinberg - BNN - BUY
BUY

Toronto Dominion(TD-T)

27/06/2024
Toronto Dominion
 

The ugly is the issue with money laundering, which stemmed from lax internal controls, will end up paying a nasty fine. Should have reasonable growth after that. Things will return to normal in a few years, and you'll own a rock-solid company. Two years ago, it was the best bank in Canada.

Will be blocked from making acquisitions for a while, which could preclude management's overpaying for something. Hefty dividend. Remains a spectacular retail bank. Always take the long view.

banks
 
$75.130
Owned


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