TD Ameritrade has a much simpler commission schedule, with no charge for stock and ETF trades, and $5 + $0.65 per contract for options. TDA’s margin rates are also tiered from 14.50% (base rate + 1.25%) for less than $10,000, to 12.50% (base rate - 0.75%) between $250,000 and...
Turning to the U.S.; our U.S. Retail Bank generated earnings of CAD717 million this quarter, up 2% from a year ago. A strong volume growth was offset by margin compression, as we absorb last year's three Fed rate cuts. With the contribution from TD Ameritrade down as expected followin...
Yes, you've got some PPP that's in that NIM number, which contributes a little bit to it. But you're also seeing positive margin on the loan growth side. And positive margins on the loans we are putting on the books is also helping. So good news story on that front. Operator Thank...
Global Wealth net income, which excludes TD's reported investment in TD Ameritrade, was $139 million in the quarter, up 18% from the same period last year, driven by increased fee-based revenue from higher client assets, direct investing transaction volumes and higher net interest margin. TD...
Steve Theriault. Steve Theriault - BofA Merrill Lynch - Analyst 22 Thanks. Steve Theriault of Bank of America Merrill Lynch. It's been I think about two years since you established or solidified the referral process between TD US and Ameritrade, so maybe you could give us a bit of an upda...
**The annual percentage yield ("APY") on the deposit balances in Betterment Cash Reserve ("Cash Reserve") is 4.00% and represents the weighted average of the APY on deposit balances at the banks participating in Cash Reserve (the "Program Banks") an...