The Toronto-Dominion Bank engages in providing financial products and services. It operates through the following business segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The Canadian Retail segment offers various financial products and services, as well as telephone, Internet, and mobile banking services. The U.S. Retail segment provides retail and commercial banking services, as well as wealth management services in the United States. The Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking products and services comprising underwriting and distribution of new debt and equity issues; advising on strategic acquisitions and divestitures; and meeting the daily trading, funding, and investment needs to companies, governments, and institutions in financial markets worldwide. The company was founded on February 1, 1955 and is headquartered in Toronto, Canada.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:TD
Previous Symbol
CUSIPN/A
Phone416-308-6963
Debt
Debt-to-Equity Ratio0.12
Current Ratio0.91
Quick Ratio0.91
Price-To-Earnings
Trailing P/E Ratio10.34
Forward P/E Ratio9.90
P/E Growth1.3
Sales & Book Value
Annual Sales$41.21 billion
Price / Sales2.31
Cash Flow$5.6955 per share
Price / Cash Flow9.13
Book Value$31.80 per share
Price / Book1.64
Profitability
EPS (Most Recent Fiscal Year)$5.03
Net Income$8.75 billion
Net Margins21.27%
Return on Equity16.78%
Return on Assets0.93%
Miscellaneous
Employees84,383
Outstanding Shares1,834,000,000
Market Cap$95.77 billion
OptionableOptionable
Toronto-Dominion Bank (NYSE:TD) Frequently Asked Questions
What is Toronto-Dominion Bank's stock symbol?
Toronto-Dominion Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "TD."
How often does Toronto-Dominion Bank pay dividends? What is the dividend yield for Toronto-Dominion Bank?
Toronto-Dominion Bank announced a quarterly dividend on Thursday, November 29th. Stockholders of record on Thursday, January 10th will be paid a dividend of $0.509 per share on Thursday, January 31st. This represents a $2.04 annualized dividend and a dividend yield of 3.92%. The ex-dividend date is Wednesday, January 9th. View Toronto-Dominion Bank's Dividend History.
How will Toronto-Dominion Bank's stock buyback program work?
Toronto-Dominion Bank declared that its Board of Directors has authorized a stock repurchase program on Friday, September 1st 2017, which allows the company to repurchase 20,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.
How were Toronto-Dominion Bank's earnings last quarter?
Toronto-Dominion Bank (NYSE:TD) announced its quarterly earnings data on Thursday, November, 29th. The bank reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.40. The bank earned $10.12 billion during the quarter, compared to analyst estimates of $9.31 billion. Toronto-Dominion Bank had a return on equity of 16.78% and a net margin of 21.27%. The business's revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.36 earnings per share. View Toronto-Dominion Bank's Earnings History.
When is Toronto-Dominion Bank's next earnings date?
What price target have analysts set for TD?
6 equities research analysts have issued 12-month target prices for Toronto-Dominion Bank's stock. Their forecasts range from $87.00 to $87.00. On average, they expect Toronto-Dominion Bank's share price to reach $87.00 in the next twelve months. This suggests a possible upside of 67.3% from the stock's current price. View Analyst Price Targets for Toronto-Dominion Bank.
What is the consensus analysts' recommendation for Toronto-Dominion Bank?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Toronto-Dominion Bank.
Has Toronto-Dominion Bank been receiving favorable news coverage?
Press coverage about TD stock has been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Toronto-Dominion Bank earned a news impact score of 0.7 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.
Who are some of Toronto-Dominion Bank's key competitors?
Some companies that are related to Toronto-Dominion Bank include Royal Bank of Canada (RY), HDFC Bank (HDB), Banco Santander (SAN), Mitsubishi UFJ Financial Group (MUFG), Westpac Banking (WBK), BNP PARIBAS/S (BNPQY), ANZ (ANZBY), Sumitomo Mitsui Financial Grp (SMFG), Lloyds Banking Group (LYG), ING Groep (ING), HANG SENG Bk Lt/S (HSNGY), Bank of Montreal (BMO), Banco Santander Brasil (BSBR), Canadian Imperial Bank of Commerce (CM) and Banco Bilbao Vizcaya Argentaria (BBVA).
Who are Toronto-Dominion Bank's key executives?
Toronto-Dominion Bank's management team includes the folowing people:
- Bharat B. Masrani, Group President, CEO & Non-Independent Director
- Riaz E. Ahmed, Chief Financial Officer
- Jeff Henderson, Chief Information Officer & Executive VP
- Michael George Rhodes, Group Head-Innovation & Technology
- Martine Irman, Senior Vice President
Who are Toronto-Dominion Bank's major shareholders?
Toronto-Dominion Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.62%), Vanguard Group Inc (2.62%), TD Asset Management Inc. (2.55%), FIL Ltd (2.00%), CIBC World Markets Inc. (1.75%) and Beutel Goodman & Co Ltd. (1.27%).
Which major investors are selling Toronto-Dominion Bank stock?
TD stock was sold by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Schroder Investment Management Group, CIBC World Markets Inc., Toronto Dominion Bank, Canada Pension Plan Investment Board, PCJ Investment Counsel Ltd., Beutel Goodman & Co Ltd. and Acadian Asset Management LLC.
Which major investors are buying Toronto-Dominion Bank stock?
TD stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Capital World Investors, JPMorgan Chase & Co., Renaissance Technologies LLC, FMR LLC, Vanguard Group Inc, Vanguard Group Inc. and Nordea Investment Management AB.
How do I buy shares of Toronto-Dominion Bank?
Shares of TD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Toronto-Dominion Bank's stock price today?
One share of TD stock can currently be purchased for approximately $52.00.
How big of a company is Toronto-Dominion Bank?
Toronto-Dominion Bank has a market capitalization of $95.77 billion and generates $41.21 billion in revenue each year. The bank earns $8.75 billion in net income (profit) each year or $5.03 on an earnings per share basis. Toronto-Dominion Bank employs 84,383 workers across the globe.
What is Toronto-Dominion Bank's official website?
How can I contact Toronto-Dominion Bank?
Toronto-Dominion Bank's mailing address is KING STREET WEST AND BAY STREET, TORONTO A6, M5K 1A2. The bank can be reached via phone at 416-308-6963 or via email at [email protected]
MarketBeat Community Rating for Toronto-Dominion Bank (NYSE TD)
MarketBeat's community ratings are surveys of what our community members think about Toronto-Dominion Bank and other stocks. Vote "Outperform" if you believe TD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TD will underperform the S&P 500 over the long term. You may vote once every thirty days.
