TDBKF - The Toronto-Dominion Bank's (TD) CEO Bharat Masrani Presents at Scotiabank Financials Summit Conference (Transcript)
The Toronto-Dominion Bank's (TD) Scotiabank Financials Summit Conference September 09, 2021, 09:50 AM ET Company Participants Bharat Masrani - Group President & CEO Conference Call Participants Meny Grauman - Scotiabank Presentation Meny Grauman And I'm just wondering how you see that underperformance, what's driving that? And more importantly, I think how you see that turning around and what turns that around? Bharat Masrani Yes, like I think, if you do the pure math, I don’t disagree with the math, because it is what it is, but I think there is some accounting noise. I think we've talked about it Meny before. Our strategic card portfolio is what it does to our expenses. If you adjust for that, and if you adjust for FX, I think we grew our PTPP year-over-year 3%, still on the low side. But my view is that, trying to do year-over-year comparisons through a pandemic, through
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The Toronto-Dominion Bank's (TD) CEO Bharat Masrani Presents at Scotiabank Financials Summit Conference (Transcript)