The Toronto-Dominion Bank (TD)
After hours:
| Previous close | 58.08 |
| Open | 58.30 |
| Bid | 54.88 x 1800 |
| Ask | 55.40 x 1100 |
| Day's range | 54.12 - 58.56 |
| 52-week range | 54.12 - 66.15 |
| Volume | |
| Avg. volume | 2,952,879 |
| Market cap | 102.351B |
| Beta (5Y monthly) | 0.83 |
| PE ratio (TTM) | 11.86 |
| EPS (TTM) | 4.61 |
| Earnings date | 23 May 2024 |
| Forward dividend & yield | 2.99 (5.46%) |
| Ex-dividend date | 08 Apr 2024 |
| 1y target est | 65.19 |
- Yahoo Finance Video
TD Bank stock under pressure amid reports of DOJ investigation
Toronto-Dominion Bank (TD) may be facing legal scrutiny by US Department of Justice (DOJ) officials leading a money laundering probe connected to illicit fentanyl profits, according to several reports. Yahoo Finance's Market Domination talks about TD Bank's stock movement following commentary from the National Bank of Canada. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
BloombergTD Probe Tied to Laundering Drug Money, Journal Says
(Bloomberg) -- A US law-enforcement probe into Toronto-Dominion Bank’s internal controls is tied to the laundering of hundreds of millions of dollars in proceeds from illegal drug sales, the Wall Street Journal reported. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesTrump Auditions
- Reuters
UPDATE 1-TD Bank probe tied to laundering of illicit fentanyl profits, WSJ reports
A U.S. Department of Justice (DoJ) investigation into TD Bank is focused on how Chinese drug traffickers and crime groups used the Canada's second-largest lender to launder their money from fentanyl sales, the Wall Street Journal reported on Thursday. The bank disclosed last year that it was cooperating with authorities in an investigation into its anti-money laundering compliance program by the DoJ.
