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Toronto-Dominion Bank TDOPF


Primary Symbol: T.TD Alternate Symbol(s):  TD | TDBCP | T.TD.PF.A | 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 bartno12001on Aug 22, 2024 6:37am
289 Views
Post# 36191263

Quarter

QuarterIt's a miss on eps but a beat on revenue. So so quarter and messy with US AML. Problem is it's still not done completely. If other banks report beats then it will look even bad. Also disappointed at how low they had to sell shares of Schwab. Stock was over 70 and td sold at 61.5. Just nonsense. They could have planned this a little better. 


I think this year is finished now and stock just trade sideways to down till end of 2024. Tax loss selling will come in play. Too much money wasted in penalties + lawsuits etc. There has to be changes in management and possibly even the board. 

For now i am holding but I am not buying anymore. Better places to invest. Dividend increase at year end will help though. 
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