What Toronto-Dominion's Earnings Mean for Mutual Fund Investors (TD)

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

What Toronto-Dominion's Earnings Mean for Mutual Fund Investors (TD)

Toronto-Dominion Bank
Toronto-Dominion (TD) reported its fourth quarter financial results on Thursday. Although both its revenue and earnings increased, the company still did not meet analysts’ EPS expectations.

Inside TD’s Q4 Results

Earnings

The bank reported earnings of C$1.75 billion, or C$0.91 per share, up from C$1.62 billion, or C$0.84 per share, a year ago. Adjusted earnings were C$1.86 billion, or C$0.98 per share, which fell below analysts’ view of C$1.05 per share.

Revenue
Revenue rose to C$7.45 billion, from C$7.0 billion in the same quarter last year. Analysts expected to see revenue of C$7.2 billion.

Mutual Funds to Watch

For investors seeking exposure to TD, a mutual fund could be a good alternative to purchasing the stock. Below are three mutual funds that own the highest stakes in the bank.

The Bottom Line

The funds above allow investors to gain exposure to TD as well as other holdings and industries. Investors interested in TD may also be interested in Royal Bank of Canada (RY) and Bank of Montreal (BMO).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next

Toronto-Dominion Bank

What Toronto-Dominion's Earnings Mean for Mutual Fund Investors (TD)

Toronto-Dominion (TD) reported its fourth quarter financial results on Thursday. Although both its revenue and earnings increased, the company still did not meet analysts’ EPS expectations.

Inside TD’s Q4 Results

Earnings

The bank reported earnings of C$1.75 billion, or C$0.91 per share, up from C$1.62 billion, or C$0.84 per share, a year ago. Adjusted earnings were C$1.86 billion, or C$0.98 per share, which fell below analysts’ view of C$1.05 per share.

Revenue
Revenue rose to C$7.45 billion, from C$7.0 billion in the same quarter last year. Analysts expected to see revenue of C$7.2 billion.

Mutual Funds to Watch

For investors seeking exposure to TD, a mutual fund could be a good alternative to purchasing the stock. Below are three mutual funds that own the highest stakes in the bank.

The Bottom Line

The funds above allow investors to gain exposure to TD as well as other holdings and industries. Investors interested in TD may also be interested in Royal Bank of Canada (RY) and Bank of Montreal (BMO).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next