seekingalpha.com
TD Bank Is Still A Strong Bank - Just Not A Cheap One
TD Bank delivered a 65.85% YoY share price surge, outperforming Canadian peers despite a $3B+ AML fine and U.S. regulatory headwinds. Canadian Personal & Commercial Banking remains TD's growth engine, with 5% revenue and 2% net income growth YoY and a robust 30.4% ROE. TD's U.S. Retail segment lags, with ROE barely above the cost of equity and an efficiency ratio at 65.1%, reflecting ongoing operational and regulatory challenges.
