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This High-Yield Stock Is In for a Regulator Wallop, But That Hasn't Stopped Its Growth Any


Toronto-Dominion Bank (NYSE: TD), also known as TD Bank, is one of the largest banks in North America. Although its home market is Canada, much of its growth is coming from the U.S. market. That turned into a big problem in 2023 thanks to an acquisition that ended up getting scuttled. There's more pain to come on that front, too. But don't think TD Bank's growth is going to stop.

In 2022, TD Bank inked two acquisition deals. One was for First Horizon (NYSE: FHN), which would have materially expanded its banking footprint on the East Coast of the United States. The other was for Cowen, an investment banking firm, to augment TD Bank's investment banking activities.

Image source: Getty Images.

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Source Fool.com

Toronto-Dominion Bank Aktie

53,61 €
0,13 %
Ein geringer Kursanstieg bei Toronto-Dominion Bank heute, um 0,13 %.
Toronto-Dominion Bank sticht etwas positiv hervor mit 3 Buy- und 1 Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Toronto-Dominion Bank von 86 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 53.61 €.
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