TD Ameritrade Q3 2006 Earnings

BMO Capital Markets, 18 July 2006TD Ameritrade (40% owned by TD Bank) reported strong EPS and raised guidance for 2007. EPS in the quarter were US$0.23 up 28% from a year ago and marginally ahead of forecasts. Solid fee revenues and better cost control offset somewhat weaker commission revenues. In addition, AMTD increased guidance for 2007 to reflect higher expected margins on balances and tight