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 Ratio13.61
Forward P/E Ratio11.77
P/E Growth1.04
Sales & Book Value
Annual Sales$34.52 billion
Price / Sales3.07
Cash Flow$4.8725 per share
Price / Cash11.84
Book Value$29.15 per share
Price / Book1.98
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 Shares1,835,840,000
Market Cap$105,909.44
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. Shareholders 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 yield of 3.63%. 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 declared that its Board of Directors has authorized a share repurchase plan on Friday, September 1st 2017, which allows the company to buyback 20,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are 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, topping the Thomson Reuters' consensus estimate of $1.17 by $0.45. The bank had revenue of $9.47 billion for 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%. The company's quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter last year, the company 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 analysts have issued 12-month target prices for Toronto-Dominion Bank's shares. Their forecasts 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. This suggests a possible upside of 44.5% from the stock's current price. View Analyst Ratings 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."
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 coverage about TD stock has been trending somewhat positive on Monday, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of 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 sentiment score of 0.10 on Accern's scale. They also assigned press coverage about the bank an impact score of 43.26 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
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 investors include Addenda Capital Inc. (0.23%), Montrusco Bolton Investments Inc. (0.13%), Addenda Capital Inc. (0.11%), NN Investment Partners Holdings N.V. (0.06%), Cardinal Capital Management Inc. (0.06%) and Nexus Investment Management Inc. (0.04%). View Institutional Ownership Trends for Toronto-Dominion Bank.
Which major investors are selling Toronto-Dominion Bank stock?
TD stock was sold by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Cardinal Capital Management Inc., NN Investment Partners Holdings N.V., Montrusco Bolton Investments Inc., Nexus Investment Management Inc., Atria Investments LLC and First National Bank of Mount Dora Trust Investment Services. View Insider Buying and Selling for Toronto-Dominion Bank.
Which major investors are buying Toronto-Dominion Bank stock?
TD stock was purchased by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Mckinley Capital Management LLC Delaware, Gulf International Bank UK Ltd, TRUE Private Wealth Advisors, LVM Capital Management Ltd. MI and Fisher Asset Management LLC. 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 $57.69.
How big of a company is Toronto-Dominion Bank?
Toronto-Dominion Bank has a market capitalization of $105.91 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.
