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March 3, 2021
IE Staff TD Bank Group president and CEO Bharat Masrani’s total compensation was down in 2020, according to the bank’s proxy circular. Masrani’s total compensation was $10.5 million last year — down from $12.6 million in 2019 — as the effects of the pandemic took a bite out of executive compensation. According to the circular, the bank’s net income after tax was $9.7 billion — 14% below its 2020 target. This contributed to a business performance factor of -12.7% in the year, and a...
February 27, 2021
TD Bank Group (TD) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. TD Bank Group (NYSE: TD) Q4 2020 Earnings Call Operator Good afternoon, Ladies and Gentlemen. Welcome to The TD Bank Group Q1 2021 Earnings Conference Call. I would now like to turn the meeting over to Ms. Gillian Manning. Please go ahead, Ms. Manning. This article is a transcript of this conference call produced for The Motley Fool. While w...
February 25, 2021
TD to close 82 U.S. bank branches as COVID drives digital growth Kevin Orland, Bloomberg News VIDEO SIGN OUT Toronto-Dominion Bank said it will close 82 bank branches in the U.S. as part of a âstore optimizationâ in its American unit, where net income dropped in the fiscal first quarter. Greg Braca, chief executive officer of Toronto-Dominionâs TD Bank U.S. unit, announced the number of closures during the companyâs earnings conference call Thursday. Toronto-Dominion...
February 16, 2021
Chris Giamo heads up the new organization
February 1, 2021
TD Bank Creates New Commercial Bank TD Bank recently announced it has combined its previous commercial and corporate with speciality banking teams to create a new commercial bank. According to TD Bank, the commercial banking will drive growth as well as deliver a “better” client and colleague experiment and create efficiencies. “TD Bank’s Commercial Bank previously encompassed Middle Market, community and small business lending, deposits, Treasury Management and point of sale solutio...
January 29, 2021
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January 26, 2021
Share this article Share this article CHERRY HILL, N.J., Jan. 26, 2021 /PRNewswire/ -- TD today announced that six U.S. recipients will receive 2020 TD Ready Challenge grant awards totaling $2.8 million* to address the widespread impacts of the COVID-19 pandemic. The recipients are located across TD Banks Maine-to-Florida footprint. "The COVID-19 pandemic created a healthcare crisis that exposed social, economic and racial inequities, and we know it continues to disproportionately impac...