Tag: Toronto_Dominion
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Toronto-Dominion Bank of Canada, the cash flow challenge
by Hassan Keshavarz, Financial analyst at Jolan Financial Systems Inc. A startup in BC, Canada A. Introduction From 2018, this is the first time that the net cash flow from the operating activities has become negative in TD Bank. In such conditions, banks have two options to compensate for the deficit: financing through issuing new…
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The comparison of 5 Canadian banks fundamental data
by Hassan Keshavarz Financial analyst at Jolan Financial Systems Inc. A startup in BC, Canada Royal Bank of Canada (RBC), Toronto Dominion (TD), Scotiabank (BNS), Bank of Montreal (BMO), and Laurentian Bank (LB) While the interest rates remain high and the banks’ profitability has declined, RBC and TD, above all other banks, continue to compete…