TD plans to open 150 U.S. branches by 2027 and double its hiring of wealth advisers, CEO Bharat Masrani told listeners Thursday during the bank’s quarterly earnings call.
The move may quell any notion that the bank would be licking its wounds after the collapse of its proposed $13.4 billion acquisition of Memphis, Tennessee-based First Horizon — a tie-up that would have significantly grown TD’s presence in the Southeast.