Td bank finance ’s Q3 report revealed net income of CAD

TD Bank Finance’s Q3 report revealed net income of CAD 3.15B, slightly beating consensus by 2.1%. Loan loss provisions decreased to CAD 420M, evidencing stronger portfolio health. Equity research models now factor a 5% dividend growth in 2024, aligning with historical payout trends. The bank is targeting 16% adjusted return on equity by fiscal 2029 – compared to 13% for fiscal 2026 – as well as 7% to 10% adjusted earnings per share growth, according to Clients with questions can visit a TD Bank Store or call TD's 24/7 live phone support at 1-888-751-9000 to learn more about the TD Cares program and any restrictions or conditions that may apply. Market sentiment around TD Bank Finance has stabilized after rate hike concerns eased. The BoC holding interest rates steady for the second meeting in a row has provided a favorable backdrop for bank stocks.