{"id":313570,"date":"2010-02-12T14:21:00","date_gmt":"2010-02-12T19:21:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:395276"},"modified":"2010-02-12T14:21:00","modified_gmt":"2010-02-12T19:21:00","slug":"tds-retail-operations-give-shares-leg-up","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/313570","title":{"rendered":"TD&#8217;s retail operations give shares leg up"},"content":{"rendered":"<p>Retail will be the key driver to first quarter bank results due later this month, giving an advantage to <a href=\"http:\/\/www.financialpost.com\/markets\/company\/index.html?symbol=TD&amp;id=99306\" >Toronto Dominion Bank<\/a>, says RBC Capital Markets analyst Andre-Philippe Hardy. <\/p>\n<p>&quot;In domestic retail divisions, on a year-over-year basis, we expect stronger wealth management revenues and robust growth in mortgages and consumer-related loans to more than offset higher loan losses,&quot; he said in a note to clients. <\/p>\n<p>Mr. Hardy said TD Bank should continue to outperform its domestic peers with solid asset and revenue growth in Canada and the United States. <\/p>\n<p>The bank&#39;s retail margins will expand in the first quarter, while sequential chargeoffs and loan loss provisions will stabilize, the analyst said. <\/p>\n<p>He reiterated his Outperform rating and $80 price target, saying TD is a good name going into the quarter.  <\/p>\n<p><a href=\"mailto:dpett@nationalpost.com%20\">David Pett<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/NP\/aggbug.aspx?PostID=395276\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail will be the key driver to first quarter bank results due later this month, giving an advantage to Toronto Dominion Bank, says RBC Capital Markets analyst Andre-Philippe Hardy. &quot;In domestic retail divisions, on a year-over-year basis, we expect stronger wealth management revenues and robust growth in mortgages and consumer-related loans to more than offset [&hellip;]<\/p>\n","protected":false},"author":4060,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-313570","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/313570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4060"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=313570"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/313570\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=313570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=313570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=313570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}