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Stock impact report

TD Bank Is Still A Strong Bank - Just Not A Cheap One [Seeking Alpha]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Canadian Personal & Commercial Banking remains TD's growth engine, with 5% revenue and 2% net income growth YoY and a robust 30.4% ROE. TD's U.S. Retail segment lags, with ROE barely above the cost of equity and an efficiency ratio at 65.1%, reflecting ongoing operational and regulatory challenges. Despite a modest DDM-based undervaluation, I rate TD a 'Hold,' as further upside depends on clear improvement in U.S. operations and regulatory resolution. Yelena Rodriguez Mena/iStock Unreleased via Getty Images All currency is in CAD unless otherwise specified TD Bank ( TD ) has had an impressive year regarding their share price. It is not common to see a Canadian diversified bank grow by +65.85% YoY, from $77 This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of TD:CA, BMO:CA, BNS:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receivi Show less Read more
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