Thanks to the sale of its U.S. retail brokerage business, TD Bank Financial Group reported a whopping increase in earnings over the corresponding period last year. Profits rose 265% to $2.3 billion, the bank reported today.Revenue rose 21% to $3.4 billion, up from last year’s $2.8 billion. The increase includes an after-tax gain of $1.67 […]
Document details bank’s community, social, environmental performance
TD bought U.S. bank in 2005
Acquisition would expand bank’s indirect auto lending
Retail network requires substantial investment, ratings agency says
Will maintain ownership level in wake of Hudson United acquisition
Non-domestic growth strategy makes positive contribution
Gains ownership stake in U.S. online brokerage
Outlook stable, ratings agency says
TD pleased with positive vote result