Toronto-Dominion Bank (TD -1.20%), often called TD Bank, has a huge 5.1% dividend yield. Stocks in the S&P 500 yield a scant 1.2% on average, and the average bank is only offering 2.3%.
Canada's Toronto-Dominion Bank said on Tuesday it would sell 165.4 million shares in Charles Schwab for $79.25 per share.
Toronto-Dominion Bank (TD) closed at $57.92 in the latest trading session, marking a +0.8% move from the prior day.
In the closing of the recent trading day, Toronto-Dominion Bank (TD) stood at $57.07, denoting a -0.52% change from the preceding trading day.
TD Bank Group announced two appointments to financial crime risk management roles in a Thursday (Jan. 23) press release. These appointments came about three months after the bank announced steps it is taking to resolve U.S.
TD Bank's Chief Global Anti-Money Laundering Officer Herbert Mazariegos is stepping down effective immediately, two sources told Reuters on Thursday, as the bank takes remediation actions after it was fined by U.S. regulators for compliance failures.
Toronto-Dominion Bank is aiming to sell about $9 billion of residential mortgage loans in order to modify its balance sheet to comply with a new cap imposed by the U.S. regulators, Bloomberg News reported on Tuesday.
Toronto-Dominion Bank (TSX:TD) shares moved higher during Monday's trading session with sentiment towards the bank buoyed by the announcement last week it is speeding up its CEO succession and slashing executives' bonuses. Investors reacted positively to the moves, which come as TD is facing costly anti-money laundering (AML) failures in the US that resulted in significant penalties and restrictions.
CEO Bharat Masrani leaving top job earlier than planned, succeeded by COO Raymond Chun
SAN DIEGO, CA / ACCESSWIRE / January 14, 2025 / The Shareholders Foundation, Inc. announced that a lawsuit was filed for certain investors in The Toronto-Dominion Bank (NYSE:TD) shares. [email protected] Shareholders Foundation at [email protected] or call +1(858) 779 - 1554 Investors who purchased shares of The Toronto-Dominion Bank (NYSE:TD) on the New York Stock Exchange (NYSE) and continue to hold any of those NYSE:TD shares also have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.
I rate Toronto-Dominion Bank a 'Buy' due to solid earnings growth, strong capital positioning, attractive dividends, and long-term potential in U.S. markets. TD's Q4 2024 results show a 5.2% stock price increase, with strong Canadian operations and stable P&C business growth. Despite challenges in U.S. operations and AML fines, the Company's valuation metrics and high CET1 ratio indicate resilience and potential undervaluation.
Toronto-Dominion Bank (TD) closed at $54.19 in the latest trading session, marking a +0.02% move from the prior day.