Toronto-Dominion Bank TDOPF

Long term effect on share value from a scandel

[Ocalaman]

In 2016 WFC was embroiled in a scandel that had them prosicuted for making up fake accounts . If you do the  10 year stock performace data comparing them to other banks you will see the results of lack of faith investors had in wfc.
 wfc 8.54% increase
jpm 246.20
bac 156.03
c 30.57

the resulting performance cost wfc billions in market value. td problems are only starting and history shows once there is lack of confidence by investors long term perfromance suffers.

[bartno12001]

td problems are only starting and history shows once there is lack of confidence by investors long term performance* suffers. = i however dont agree to this comment. lets see though what happens

[Ocalaman]

bartno, td did very well in the usa stress test for banks completed this week hopefully giving regulators some confidence when they make thier decisions on oversight. As a result of the test all major banks announced some pretty generous dividend increases late last week.

[DeanEdmonton]

Ocal - there is a VERY big difference between the Wells Fargo issues and TD. The issues at Wells started at the CEO and went all the way through the whole company. Their opening of bogus accounts, manipulated reporting and a host of otehr transgressions, was widespread and sanctioned, or at least a knowing blind eye was turned to it, at all levels. It was sytem wide corruption of their duty to

[Red_Deer]

Hey DeanEdmonton__INDEED the Comparison to Wells Fargo May BE NONSENSE BUT What Matters IS the PERCEPTION by Mr MARKET eh !!!! YOU of ALL People SHOULD KNOW THIS !!!

[dynopeg]

ok, lets agree perception matters, but perception is not reality. So perception is driving down share price. I agree Wells Fargo not comparable to TD. TD is cooperating and doing as much as they can to correct problem. Started off fine could be as high as 1b, then it was 2b, then 3b to 4b.  I'm guessing 1.5b tops, no restrictions. TD will rise soon, majority of analysts seem to agree, atp

[noiseaudit5]

History also shows that these things are forgotten and when profits roll in, memories become short!