The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. It operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The company offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to small, medium, and large businesses; financing options to customers at point of sale for automotive and recreational vehicle purchases through auto dealer network; credit cards; investing, advice-based, and asset management services to retail and institutional clients; and property and casualty insurance, as well as life and health insurance products. It also provides capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues; providing advice on strategic acquisitions and divestitures; and trading, funding, and investment services to companies, governments, and institutions, as well as offers telephone, Internet, and mobile banking services. The company offers its products and services under the TD Canada Trust, TD Bank, and America's Most Convenient Bank brand names. It offers personal and business banking products and services to approximately 15 million customers through a network of 1,128 branches and 3,157 automated teller machines in Canada; and to approximately 8 million retail customers through a network of 1,270 stores. The company was founded in 1855 and is headquartered in Toronto, Canada.
Industry, Sector and Symbol
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TD
CUSIPN/A
Phone416-308-6963
Debt
Debt-to-Equity Ratio0.11
Current Ratio0.91
Quick Ratio0.91
Price-To-Earnings
Trailing P/E Ratio13.49
Forward P/E Ratio11.67
P/E Growth1.05
Sales & Book Value
Annual Sales$34.52 billion
Price / Sales3.06
Cash Flow$4.8042 per share
Price / Cash11.90
Book Value$30.40 per share
Price / Book1.88
Profitability
EPS (Most Recent Fiscal Year)$4.24
Net Income$7.95 billion
Net Margins22.03%
Return on Equity16.50%
Return on Assets0.92%
Miscellaneous
EmployeesN/A
Outstanding Shares1,845,630,000
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 declared a quarterly dividend on Friday, May 25th. Investors of record on Tuesday, July 10th will be paid a dividend of $0.5239 per share on Tuesday, July 31st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend is Monday, July 9th. This is a positive change from Toronto-Dominion Bank's previous quarterly dividend of $0.52. View Toronto-Dominion Bank's Dividend History.
How will Toronto-Dominion Bank's stock buyback program work?
Toronto-Dominion Bank announced that its Board of Directors has authorized a stock buyback program on Friday, September 1st 2017, which permits the company to buyback 20,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its stock is undervalued.
How were Toronto-Dominion Bank's earnings last quarter?
Toronto-Dominion Bank (NYSE:TD) issued its quarterly earnings results on Thursday, May, 24th. The bank reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.45. The bank earned $9.47 billion during the quarter, compared to analyst estimates of $8.76 billion. Toronto-Dominion Bank had a return on equity of 16.50% and a net margin of 22.03%. Toronto-Dominion Bank's revenue for the quarter was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 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?
8 equities research analysts have issued 12-month price targets for Toronto-Dominion Bank's stock. Their predictions range from $80.00 to $87.00. On average, they anticipate Toronto-Dominion Bank's stock price to reach $83.3333 in the next twelve months. View Analyst Ratings for Toronto-Dominion Bank.
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), Mitsubishi UFJ Financial Group (MTU), Banco Santander (SAN), BNP PARIBAS/S (BNPQY), Mitsubishi UFJ Financial Group (MUFG), Westpac Banking (WBK), ANZ (ANZBY), Lloyds Banking Group (LYG), ING Groep (ING), Sumitomo Mitsui Financial Grp (SMFG), Bank of Montreal (BMO), HANG SENG Bk Lt/S (HSNGY), Banco Bilbao Vizcaya Argentaria (BBVA) and Barclays (BCS).
Who are Toronto-Dominion Bank's key executives?
Toronto-Dominion Bank's management team includes the folowing people:
- Mr. Bharat B. Masrani, Group Pres, CEO & Director (Age 61)
- Mr. Riaz E. Ahmed, Group Head & CFO
- Mr. Robert E. Dorrance, Group Head of Wholesale Banking
- Ms. Theresa L. Currie, Group Head of Canadian Personal Banking
- Mr. Gregory B. Braca, Group Head of U.S. Banking
Has Toronto-Dominion Bank been receiving favorable news coverage?
News headlines about TD stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Toronto-Dominion Bank earned a news impact score of 0.08 on Accern's scale. They also gave news coverage about the bank an impact score of 45.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Toronto-Dominion Bank's major shareholders?
Toronto-Dominion Bank's stock is owned by many different of retail and institutional investors. Top institutional shareholders include CIBC World Markets Inc. (1.96%), Great West Life Assurance Co. Can (0.96%), CIBC Asset Management Inc (0.95%), The Manufacturers Life Insurance Company (0.81%), Toronto Dominion Bank (0.61%) and Franklin Resources Inc. (0.49%). View Institutional Ownership Trends for Toronto-Dominion Bank.
Which institutional investors are selling Toronto-Dominion Bank stock?
TD stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, Franklin Resources Inc., AGF Investments Inc., Legal & General Group Plc, Allianz Asset Management GmbH, Russell Investments Group Ltd., Amundi Pioneer Asset Management Inc. and Cidel Asset Management Inc.. View Insider Buying and Selling for Toronto-Dominion Bank.
Which institutional investors are buying Toronto-Dominion Bank stock?
TD stock was bought by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, CIBC Asset Management Inc, CIBC World Markets Inc., Gluskin Sheff & Assoc Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Intact Investment Management Inc., DekaBank Deutsche Girozentrale and JPMorgan Chase & Co.. View Insider Buying and Selling for Toronto-Dominion Bank.
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 $57.17.
How big of a company is Toronto-Dominion Bank?
Toronto-Dominion Bank has a market capitalization of $107.01 billion and generates $34.52 billion in revenue each year. The bank earns $7.95 billion in net income (profit) each year or $4.24 on an earnings per share basis.
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 (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.
