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Better Buy for Your TFSA: Bank of Nova Scotia (TSX:BNS) or Toronto-Dominion Bank (TSX:TD)? Better Buy for Your TFSA: Bank of Nova Scotia (TSX:BNS) or Toronto-Dominion Bank (TSX:TD)? The financial services industry isn’t necessarily the best to turn to when looking for dividend stocks, but many companies within the industry are worth a mention. Two of the largest Canadian banks, Bank of Nova Scotia <a href=" rel="nofollow noopener noreferrer" target="_bla... All News
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tamidoll · 8 years
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Building up . . . #bmo #baystreet #tfd #torontofinancialdistrict #toronto #bankofmontreal #td #torontodominion #bankcorner #tdot #the6ix #thingsyouseeonyourwalkhome #nighttime (at Toronto, Ontario)
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biedexcom · 4 years
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Is Toronto-Dominion Bank (TSX:TD) a Buy at $60?#stockmarkets#bank #buy #torontodominion #tsxtd
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35% OFF BLACK FRIDAY 35% OFF . . . #boraboratoronto #borabora #tanningtoronto #tanning #salon #spraytanning #spraytan #sunbed #ryerson #universityoftoronto #georgebrown #royalbank #torontodominion #scotiabank #bankofmontreal #stocks #torontostockexchange #daytrader #td #six #mystic #mystichd #tedrogersschool #toronto #tdot #skincare #channel #versace #burberry #bugatti #millionaire #billionaireclub #yaughtclub #wedding #weddingdress #bridalshower #bridalparty #photography #photoshoot
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newsfrombankscom · 9 years
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New Post has been published on News From Banks | Banking and Investment Blog
New Post has been published on http://www.newsfrombanks.com/toronto-dominion-banks-income-tops-anticipations.html
Toronto-Dominion Bank's Income Tops Anticipations
By
Judy McKinnon
Dec. three, 2015 7:38 a.m. ET
Toronto-Dominion Financial institution TD -.forty one % described a five% enhance in its fiscal fourth-quarter profit on Thursday, capping off an earnings year of much better-than-expected benefits from Canada’s most significant lenders.
TD, Canada’s most significant lender by property, is the most recent of the country’s massive financial institutions to put up final results that topped analyst expectations even with decrease oil rates and lackluster financial progress.
Toronto-dependent TD earned 1.84 billion Canadian pounds ($ 1.38 billion), or 96 Canadian cents a share during the three months finished Oct. 31. That was up from C$ one.seventy five billion, or 91 Canadian cents a share, a 12 months earlier.
The bank, which has been enterprise a price-reducing drive, recorded restructuring charges totaling C$ 243 million, or 13 Canadian cents a share, in its latest quarter.
Adjusted to strip out extraordinary objects, earnings enhanced seventeen% to C$ 2.18 billion, or C$ one.fourteen a share, for the August-to-October quarter. Analysts polled by Thomson Reuters were expecting a earnings of C$ 1.13 a share.
“This year we took decisive actions to improve our operations and adapt to a slower expansion atmosphere, enabling us to reinvest in our organizations, and positioning us effectively for progress,” Main Government Officer Bharat Masrani explained in a release.
Mr. Masrani has manufactured slashing expenses in each Canada and the U.S. a significant emphasis considering that using above the top job just more than a year in the past.
The financial institution left its dividend unchanged at 51 Canadian cents for each typical share.
Earlier Thursday, Canadian Imperial Lender of Commerce, CM -.25 % Canada’s No. five lender by belongings, also described a fourth-quarter income that topped expectations.
CIBC and TD are the last of Canada’s 5 largest loan providers to report fourth-quarter earnings. Before this week, Lender of Nova Scotia, BNS -1.forty three % Bank of Montreal BMO one.91 % and Royal Lender of Canada RY -.03 % all noted benefits that beat expectations.
Create to Judy McKinnon at [email protected]
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Which Stock Is the Better Buy: Toronto-Dominion Bank (TSX:TD) or Bank of Nova Scotia (TSX:BNS)? Which Stock Is the Better Buy: Toronto-Dominion Bank (TSX:TD) or Bank of Nova Scotia (TSX:BNS)? Although the macro environment for Canadian financials does not look as good as it did last year when we were expecting interest rate increases, bank stocks are still core holdings for investors’ portfolios. Core holdings because of their dividends and because of th... All News
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Toronto-Dominion Bank (TSX:TD) Results Reveal Trends in Canadian Banking Today Canadian banks have just reported their first-quarter 2019 results, and what we can take away from these results is that the future will not be as easy as the past.
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