The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. It offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to 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. The company also provides capital markets, and corporate and investment banking 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 automated teller machines, telephone, Internet, and mobile banking services. The company offers its products and services under the TD Bank, America's Most Convenient Bank, and TD Securities brand names. It offers personal and business banking products and services through a network of 1,098 branches and 3,394 automated teller machines in Canada; and through a network of 1,257 stores. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.
Industry, Sector and Symbol
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Phone416-308-6963
Debt
Current Ratio0.91
Quick Ratio0.91
Price-To-Earnings
Sales & Book Value
Annual Sales$41.21 billion
Price / Sales2.37
Price / Cash Flow9.14
Price / Book1.68
Profitability
Net Income$8.75 billion
Net Margins21.27%
Return on Assets0.93%
Miscellaneous
Employees84,383
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. Investors of record on Thursday, January 10th will be given a dividend of $0.509 per share on Thursday, January 31st. This represents a $2.04 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend 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 has authorized a share buyback plan on Friday, September 1st 2017, which permits the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.
How were Toronto-Dominion Bank's earnings last quarter?
Toronto-Dominion Bank (NYSE:TD) posted its earnings results on Thursday, November, 29th. The bank reported $1.63 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 21.27% and a return on equity of 16.78%. Toronto-Dominion Bank's revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm 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 year. This suggests a possible upside of 63.3% 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?
Media headlines about TD stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Toronto-Dominion Bank earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company's share price in the next few days.
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), Lloyds Banking Group (LYG), Sumitomo Mitsui Financial Grp (SMFG), Banco Santander Brasil (BSBR), Bank of Montreal (BMO), ING Groep (ING), HANG SENG BK LT/S (HSNGY), Banco Bilbao Vizcaya Argentaria (BBVA) and Royal Bank of Scotland Group (RBS).
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 62)
- 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
Who are Toronto-Dominion Bank's major shareholders?
Toronto-Dominion Bank's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Addenda Capital Inc. (0.11%), Cardinal Capital Management Inc. (0.06%), Nexus Investment Management Inc. (0.04%), USS Investment Management Ltd (0.02%), Timbercreek Investment Management Inc. (0.01%) and LVM Capital Management Ltd. MI (0.01%).
Which major investors are selling Toronto-Dominion Bank stock?
TD stock was sold by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., Addenda Capital Inc., USS Investment Management Ltd, Cardinal Capital Management Inc., Steward Partners Investment Advisory LLC, Ferguson Wellman Capital Management Inc., Nexus Investment Management Inc. and Hennessy Advisors Inc..
Which major investors are buying Toronto-Dominion Bank stock?
TD stock was acquired by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Virtu Financial LLC, Pennsylvania Trust Co, LVM Capital Management Ltd. MI, Legacy Financial Advisors Inc., Coastline Trust Co, TRUE Private Wealth Advisors and Cardinal Capital Management.
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 $53.28.
How big of a company is Toronto-Dominion Bank?
Toronto-Dominion Bank has a market capitalization of $95.96 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.
