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Bullboard - Stock Discussion Forum 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... see more

TSX:TD - Post Discussion

Toronto-Dominion Bank > Senior management needs to be replaced
View:
Post by Ocalaman on May 23, 2024 11:08am

Senior management needs to be replaced

Unfortunately TD has had the ceo around too long that any viable inhouse replacements have left for greener pastures and the lileihood of viable replacements from in house now seem impossible. Nothing short of a final ruling by the SEC that produces a less than 2B$ fine and no oversight or limits on growth will keep this stock rangebound. Any bank that has exceeded EPS consencus numbers yet has fallen in price means most of the smart money has left and a once mighty Canadian powerhouse has become a lame duck.
Comment by NobleHouse on May 23, 2024 1:56pm
Agreed in full , if this clown who profited by receiving performance bonuses for him and other HO cronies from illicit transactions is a joke and a drag on real TD shareholders.A man with any integrity would have resigned immediately but not our profiteering scoundrel. In fact for the upcoming fines that Shareholders will bear , Masrani should be terminated with just cause , and no Golden ...more  
Comment by FiddyFiddyShot on May 23, 2024 6:36pm
This post has been removed in accordance with Community Policy
Comment by Red_Deer on May 24, 2024 6:47am
https://www.transparency.org/en/cpi/2023
Comment by Ocalaman on May 23, 2024 8:42pm
This should set your hair on fire ! Masrani excercised options mid April for 1000000 shares at $55. No shame here. 
Comment by ScarletSpider on May 24, 2024 5:42am
Boy you sound like my Dad. This is quite damaging but i hope you realize that in 2021 TDs net profit was 11 billion dollars. Lets say it takes the 2 billion hit that is less than 20 percent of its 2021 net. With the way the bank has grown i suspect it is probably over 11 billion net but given i dont know conservatively we take it at that. Now if what you said is true despite what is going on why ...more  
Comment by NobleHouse on May 24, 2024 1:42pm
So bottom line Spider , is fire with just cause every overpaid , over rewarded  clown whose watch it was when this fiasco , criminal was going on.Did you read a fellow poster stating the $55  warrants that Bharat excerised , absolutely no shame and in his actions pure contempt to those that actually spent real money to buy this stock. It also seems both you and others don't consider ...more  
Comment by Ocalaman on May 24, 2024 2:04pm
Agree Noble, this smell will hang around for years and poor oversight and luxurious rewards do not go hand  in hand. What makes this even more egregious are the " impressive " list of accomplishments at TD on the banks website  Bharat Masrani Group President and Chief Executive Officer TD Bank Group Bharat Masrani was appointed Group President and Chief Executive ...more  
Comment by Ocalaman on May 24, 2024 2:33pm
If you want perspective, the Canadian bank index share value is up 8% versus TD -7% over the past year. That's the only perspectiveca shareholder cares about. 
Comment by NobleHouse on May 24, 2024 3:45pm
Ocala, not to correct your post as l have made many printing errors but your line should of read ,( That's the only perspective a shareholder SHOULD care about.Ageed in full but just ask HoneyB as he will tell you this Mgmt fiasco is nothing but noise..OH well , ostriches have the right to an opinion as well even if some of them get dissenting posts removed.Cheers Ocala , l doubt we are in ...more  
Comment by Ocalaman on May 27, 2024 12:12pm
Being corrected is not new, have been married for 50 years! The market has already made thier decision about noise versus reality and reality has won .
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