finance.yahoo.com

TD Posts Record Quarter While Consent Order and Trade Reserves Persist

Toronto Dominion Bank logoToronto Dominion Bank
Sig3.25Sen+2.35Env0.00Soc0.00Gov-3.90

TD reported ROE rising to 16.0% and record earnings across Canadian Personal and Commercial, US Banking, Wholesale, and Wealth Management. Management set aside about $500 million in reserves for Canada-US trade and policy risk, while noting a consent order remains in place with about $550 million in expected remediation costs for the fiscal year.

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