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
Stock Exchange NYSE
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 Ratio14.06
Forward P/E Ratio12.23
P/E Growth1.07
Sales & Book Value
Annual Sales$34.52 billion
Price / Sales3.17
Cash Flow$4.9413 per share
Price / Cash12.10
Book Value$29.15 per share
Price / Book2.05
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 Shares1,828,630,000
Market Cap$107.83 billion
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 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 3.50%. The ex-dividend date 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 declared that its board has approved a share buyback plan on Friday, September 1st 2017, which allows the company to buyback 20,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management 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 for the quarter, beating the consensus estimate 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 quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter last 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 brokers have issued 1 year target prices for Toronto-Dominion Bank's shares. 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 year. This suggests a possible upside of 39.4% from the stock's current price. View Analyst Price Targets for Toronto-Dominion Bank.
What is the consensus analysts' recommendation for Toronto-Dominion Bank?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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), Mitsubishi UFJ Financial Group (MTU), HDFC Bank (HDB), Banco Santander (SAN), Mitsubishi UFJ Financial Group (MUFG), BNP PARIBAS/S (BNPQY), Westpac Banking (WBK), ANZ (ANZBY), Lloyds Banking Group (LYG), Sumitomo Mitsui Financial Grp (SMFG), ING Groep (ING), HANG SENG Bk Lt/S (HSNGY), Bank of Montreal (BMO), 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 coverage about TD stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Toronto-Dominion Bank earned a news and rumor sentiment score of 0.13 on Accern's scale. They also gave media headlines about the bank an impact score of 46.59 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Toronto-Dominion Bank.
Who are Toronto-Dominion Bank's major shareholders?
Toronto-Dominion Bank's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (2.65%), CIBC World Markets Inc. (1.83%), Beutel Goodman & Co Ltd. (1.31%), Caisse DE Depot ET Placement DU Quebec (1.23%), Connor Clark & Lunn Investment Management Ltd. (1.02%) and Great West Life Assurance Co. Can (0.98%).
Which institutional investors are selling Toronto-Dominion Bank stock?
TD stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, CIBC World Markets Inc., Caisse DE Depot ET Placement DU Quebec, TD Asset Management Inc., Russell Investments Group Ltd., Mawer Investment Management Ltd., Canada Pension Plan Investment Board and Beutel Goodman & Co Ltd..
Which institutional investors are buying Toronto-Dominion Bank stock?
TD stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Fiera Capital Corp, Addenda Capital Inc., Acadian Asset Management LLC, AGF Investments Inc., Renaissance Technologies LLC, Bridgewater Associates LP and Sumitomo Mitsui Trust Holdings Inc..
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 $59.79.
How big of a company is Toronto-Dominion Bank?
Toronto-Dominion Bank has a market capitalization of $107.83 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 (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.
