Loading...
Loading...
Browse all stories on DeepNewz
VisitTD Bank's Q2 Earnings Beat Estimates with EPS of C$2.04 on Strong Capital Markets and Domestic Banking
May 23, 2024, 11:14 AM
TD Bank's second-quarter earnings surpassed estimates, driven by strong performance in capital markets, domestic banking, and wealth management. The bank reported earnings per share (EPS) of C$2.04, exceeding the estimated C$1.85. Sales reached C$13.88 billion, also above the estimated C$12.23 billion. Despite the positive financial results, TD Bank is currently under a US anti-money laundering probe. The bank's stock rose by +1.60% following the announcement.
View original story
Markets
Probe resolved • 50%
Probe ongoing • 50%
Official statements from TD Bank or regulatory bodies
Stock price decrease • 50%
Stock price increase • 50%
Stock market data
Do not beat estimates • 50%
Beat estimates again • 50%
Next quarterly earnings report
Stable institutional investment • 33%
Decrease in institutional investment • 34%
Increase in institutional investment • 33%
Investment trends and analyst reports
New regulatory issues emerge • 34%
Resolve all regulatory issues • 33%
Still under probe • 33%
Public disclosures and regulatory announcements
Wealth Management • 34%
Domestic Banking • 33%
Capital Markets • 33%
Stock market sector performance data