{"id":663338,"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.com\/index\/663338","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":2571,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-663338","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2Mz0","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/663338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/2571"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=663338"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/663338\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=663338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=663338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=663338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}