Toronto Dominion Bank (TD) Projected to Release Quarterly Earnings on Thursday

Key Points

• TD is expected to report Q3 2026 results before markets open on August 27. Analysts forecast earnings of $1.73 per share on revenue of approximately $10.66 billion.
• In its previous quarter, TD reported $1.74 in EPS, exceeding estimates of $1.63, but revenue declined 31.1% year over year to $11.80 billion.
• The bank raised its quarterly dividend to $1.12, equivalent to $4.48 annually and a 3.8% yield. Analysts maintain a “Moderate Buy” consensus with a target price of $156, compared with shares recently trading near $118.44.

Toronto Dominion Bank (NYSE:TD - Get Free Report) TSE: TD is anticipated to post its Q3 2026 results before the market opens on Thursday, August 27th. Analysts expect Toronto Dominion Bank to post earnings of $1.73 per share and revenue of $10.6645 billion for the quarter. Investors can find conference call details on the company's upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, August 27, 2026 at 9:30 AM ET.

Toronto Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last announced its quarterly earnings results on Thursday, May 28th. The bank reported $1.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $0.11. The company had revenue of $11.80 billion during the quarter, compared to analyst estimates of $11.04 billion. Toronto Dominion Bank had a return on equity of 14.83% and a net margin of 13.20%.The firm's quarterly revenue was down 31.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.97 EPS. On average, analysts expect Toronto Dominion Bank to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Toronto Dominion Bank Price Performance

Shares of TD opened at $118.44 on Thursday. The firm has a market capitalization of $194.80 billion, a price-to-earnings ratio of 18.48, a price-to-earnings-growth ratio of 1.35 and a beta of 0.72. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.04 and a current ratio of 1.04. Toronto Dominion Bank has a one year low of $72.73 and a one year high of $125.46. The stock's fifty day moving average is $120.48 and its 200-day moving average is $108.16.

Toronto Dominion Bank Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 10th were given a $1.12 dividend. The ex-dividend date was Friday, July 10th. This represents a $4.48 dividend on an annualized basis and a yield of 3.8%. This is a boost from Toronto Dominion Bank's previous quarterly dividend of $1.08. Toronto Dominion Bank's payout ratio is currently 49.14%.

Institutional Investors Weigh In On Toronto Dominion Bank

A number of institutional investors and hedge funds have recently bought and sold shares of TD. AQR Capital Management LLC bought a new stake in shares of Toronto Dominion Bank in the 1st quarter worth approximately $568,000. Focus Partners Wealth boosted its holdings in Toronto Dominion Bank by 27.7% during the first quarter. Focus Partners Wealth now owns 24,970 shares of the bank's stock worth $1,497,000 after buying an additional 5,410 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Toronto Dominion Bank in the second quarter worth approximately $259,000. Cresset Asset Management LLC acquired a new position in Toronto Dominion Bank in the second quarter worth approximately $211,000. Finally, NewEdge Advisors LLC increased its holdings in shares of Toronto Dominion Bank by 25.3% in the second quarter. NewEdge Advisors LLC now owns 8,039 shares of the bank's stock valued at $590,000 after buying an additional 1,622 shares in the last quarter. 52.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Raymond James Financial raised shares of Toronto Dominion Bank from a "market perform" rating to an "outperform" rating in a research note on Tuesday, May 12th. Scotiabank upgraded shares of Toronto Dominion Bank from a "sector perform" rating to a "sector outperform" rating in a report on Monday, May 4th. Zacks Research lowered shares of Toronto Dominion Bank from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 27th. Wall Street Zen cut Toronto Dominion Bank from a "hold" rating to a "sell" rating in a report on Saturday, May 23rd. Finally, Royal Bank Of Canada upped their target price on Toronto Dominion Bank from $138.00 to $156.00 and gave the stock an "outperform" rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $156.00.

Toronto Dominion Bank Company Profile

Toronto-Dominion Bank (TD) is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. Formed through the 1955 merger of the Bank of Toronto (founded 1855) and the Dominion Bank (founded 1869), TD is one of Canada's largest banks and offers a broad range of financial products and services to individual, small business, commercial and institutional clients.

TD's core businesses include Canadian and U.S. personal and commercial banking, wealth management, wholesale banking and insurance.

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