Group 1 - The potential trade war between Canada and the US is intensifying market uncertainties, leading to increased risks for various industries, particularly banks [1] - Banks are highly cyclical and closely tied to macroeconomic indicators, making them vulnerable in the current market environment [1] Group 2 - The article discusses the author's experience in the logistics sector and stock investing, highlighting a focus on ASEAN and NYSE/NASDAQ stocks, especially in banks, telecommunications, logistics, and hotels [1] - The author has diversified investments across different industries and market cap sizes, including holdings in US banks, hotels, shipping, and logistics companies [1]

Citigroup (C -1.80%) has had a great run over the past six months, rising more than 22% over the span. That's a much better performance than the S&P 500 (^GSPC -0.33%), which has basically gone nowhere in that time. But if you are looking for a bank stock and like dividends, you'll probably prefer the 4.8%-yielding industry giant featured below over Citigroup today. Here's why.Citigroup isn't that attractive right nowThere was probably a time when Citigroup's shares were a bargain, but that time doesn't app ...

New funding will enhance Kids Help Phone’s AI-driven mental health solutions through acceleratorKHP  TORONTO, March 18, 2025 (GLOBE NEWSWIRE) -- Kids Help Phone (KHP) is pleased to announce a new $600,000 donation from TD Bank Group (TD). With this generous support, KHP will continue to develop innovative platforms and tools, leveraging AI to enhance mental health and reach more young people than ever before. For more than three decades, TD has been a dedicated supporter in advancing youth mental health, di ...

Group 1 - The Toronto-Dominion Bank (TD) has a market capitalization of approximately $100 billion, distinguishing itself amid the ongoing trade war between the U.S. and Canada [2] - The Value Portfolio focuses on constructing retirement portfolios using a fact-based research strategy, which includes thorough analysis of 10Ks, analyst commentary, market reports, and investor presentations [2] - The investment strategy involves real money investments in the stocks that are recommended, indicating a commitment to the suggested portfolio [2] Group 2 - The Retirement Forum aims to provide actionable ideas, a high-yield safe retirement portfolio, and macroeconomic outlooks to help maximize capital and income for investors [1] - The forum emphasizes the importance of being informed about available retirement options to avoid missing out on potential opportunities [1]

Yesterday, The Toronto-Dominion Bank (NYSE: TD , TSX: TD:CA ) released its earnings for the fiscal first quarter of 2025 . The release beat expectations on both revenue and earnings per share (EPS), with revenueAnalyst’s Disclosure: I/we have a beneficial long position in the shares of TD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relat ...

Mon BMGLX BMGL Basel Medical IPO Managers: CathayPriced at: $4.002.205M SharesSpecial CommentsExclusive Analysis LockedProprietary deal commentary available to members only. Sign up or login for access. Create FREE AccountProprietary deal commentary available to members only. Sign up or login for access.Managers:$4.002.205M Shares Tues ILAGX ILAG Intelligent Living Application Group Spot Secondary Managers: Craft CapitalPriced at: $0.581.035M SharesManagers:$0.581.035M SharesSPNTX SPNT SiriusPoint Spo ...

Core Viewpoint - TD Bank has appointed Guidepost Solutions as the independent monitor to oversee its remediation efforts related to anti-money laundering compliance, as selected by U.S. authorities [1][3]. Group 1: Remediation Efforts - The bank is committed to improving its anti-money laundering (AML) compliance program as part of a settlement announced in October, which includes retaining a third-party monitor [2][4]. - TD Bank's U.S. head emphasized the ongoing commitment to building the necessary AML program and plans to provide quarterly updates on progress [2][3]. - The compliance program is expected to take multiple years, with costs covered by a $500 million fund set aside for this purpose [3]. Group 2: Management and Oversight - TD Bank has made significant changes to its U.S. Bank Secrecy Act (BSA)/AML program, including leadership overhaul, enhanced oversight, and new data-driven technology solutions [5]. - The bank anticipates implementing most management remediation actions by the end of 2025, with additional actions planned for 2026 [6]. Group 3: Financial Adjustments - In response to the money laundering-related scandal, TD Bank is selling its 10.1% stake in investment firm Charles Schwab to mitigate losses [6].

TD Bank Group Reports First Quarter 2025 Results Report to Shareholders • Three months ended January 31, 2025 The financial information in this document is reportedin Canadian dollars and is based onthe Bank's unaudited Interim ConsolidatedFinancial Statements and related Notes prepared in accordancewith International Financial Reporting Standards(IFRS) as issued by the InternationalAccounting Standards Board (IASB), unless otherwise noted. Certain comparativeamounts have been revised to conformwith the pre ...

Financial Data and Key Metrics Changes - The bank reported earnings of $3.6 billion and EPS of $2.02, with total revenue growth of 9% year-over-year driven by higher trading-related and fee income [13][40] - The CET1 ratio was 13.1% at quarter-end, expected to rise to approximately 14.2% post the $8 billion share buyback [15][56] - Total expenses increased by 12% year-over-year, with a significant portion attributed to variable compensation and governance investments [41][50] Business Line Data and Key Metrics Changes - Canadian Personal and Commercial Banking achieved record revenue, PTPP, deposits, and loans, with average loan volumes rising 4% year-over-year [43][44] - US Retail loans grew 1% year-over-year, with bank card balances increasing by 12% [47] - Wealth Management delivered record revenue and assets, with new accounts up 30% year-over-year [51] Market Data and Key Metrics Changes - The bank's US wealth business saw total client assets of $52 billion, up 11% year-over-year [19] - The Canadian Personal and Commercial Banking segment introduced ReSource specialists to enhance customer relationships [17] - Wholesale Banking achieved quarterly revenue exceeding $2 billion for the first time [22] Company Strategy and Development Direction - The bank is undergoing a comprehensive strategic review, focusing on operational excellence and efficiency, with updates expected at an Investor Day in the second half of 2025 [11][28] - The strategic review includes selling non-core assets, such as the recent sale of a 10.1% stake in Schwab, to reinvest in the bank's growth [11][12] - The bank aims to enhance its digital leadership and customer experience through investments in technology, including a generative AI virtual assistant [25][26] Management's Comments on Operating Environment and Future Outlook - Management highlighted tariff and trade risks affecting the economic outlook but emphasized a focus on supporting customers through uncertainty [7][8] - The bank is well-capitalized and prepared to navigate macroeconomic shifts, with a conservative risk appetite [8] - Management expressed confidence in the bank's ability to improve return on equity through fiscal 2025 and into fiscal 2026 [39][109] Other Important Information - The bank's provision for credit losses (PCL) increased to 50 basis points, reflecting policy and trade uncertainty [61] - The bank's allowance for credit losses rose to $9.6 billion, influenced by foreign exchange impacts and credit migration [63] - The bank is committed to ongoing AML remediation efforts, with costs expected to be approximately $500 million pretax in fiscal 2025 [50][100] Q&A Session Summary Question: Regarding U.S. balance sheet repositioning and portfolio sales - Management confirmed that the $9 billion portfolio sale will help reduce higher-cost borrowings, with further reductions expected over time [70][71] Question: On expense guidance and AML remediation costs - The bank incurred $86 million in AML remediation costs in Q1, slightly lower than the previous quarter, with confidence in the $500 million guidance for the year [74][76] Question: About expense growth expectations - Management indicated that while Q2 will see elevated expense growth, the second half of the year is expected to moderate [83][88] Question: On performing provisions and macroeconomic outlook - Management explained that the release in performing provisions was driven by improved macroeconomic forecasts and model updates [92][94] Question: Strategic investments and capital allocation - Management emphasized a focus on efficiency and operational excellence while identifying significant organic growth opportunities for capital allocation [101][104] Question: Clarification on NIM expectations - Management indicated that NIM is expected to normalize and potentially return to previous levels, benefiting from ongoing balance sheet restructuring [137][138]

Quarterly Results Presentation TD Bank Group Q1 2025 February 27, 2025 Caution Regarding Forward-Looking Statements From time to time, the Bank (as defined in this document) makes written and/or oral forward-looking statements, including in this document, in other filings with Canadian regulators or the United States (U.S.) Securities and Exchange Commission (SEC), and in other communications. In addition, representatives of the Bank may make forward-looking statements orally to analysts, investors, the med ...