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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.
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No significant issues found • 33%
Minor compliance issues found • 34%
Major compliance issues found • 33%
Apology Issued • 50%
No Apology • 50%
Stock price decrease • 50%
Stock price increase • 50%
Do not beat estimates • 50%
Beat estimates again • 50%
Stable institutional investment • 33%
Decrease in institutional investment • 34%
Increase in institutional investment • 33%
New regulatory issues emerge • 34%
Resolve all regulatory issues • 33%
Still under probe • 33%