After a few non-growth years, TD Bank stock is finally up a whopping 32% this year. Is it finally time to sell?

Norway’s $1.9 trillion sovereign wealth fund said late Wednesday that it has placed Toronto-Dominion Bank under observation over financial crime concerns. - mandel ngan/Agence France-Presse ...

And while another 30% gain in the second half seems less likely, I do think there are a multitude of reasons to stick by the beloved bank stock as its new CEO continues to turn the tide to make TD ...

Ahmed, a long-time stalwart in the bank, is already 61 and he is also focused on integrating Cowen Inc., the New York investment bank that TD purchased for US$1.3-billion in 2023.

For the board renewal, TD is doing most of what it should have done some time ago, even if it’s soft-pedalling what’s going on here. Toronto Dominion Bank in Ottawa on Sept. 7, 2022.

TD Bank’s last quarter, its third quarter (Q3) of fiscal 2023, saw revenue increase 12% to $13 billion. It was a very strong result — until we look further down the income statement.