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
Price-To-Earnings
Sales & Book Value
Annual Sales$41.21 billion
Profitability
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 declared a quarterly dividend on Thursday, November 29th. Shareholders 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 dividend on an annualized basis and a yield of 3.77%. 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 announced that its Board of Directors has approved a stock buyback plan on Friday, September 1st 2017, which allows the company to repurchase 20,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign 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 data on Thursday, November, 29th. The bank reported $1.63 earnings per share for the quarter, beating analysts' consensus estimates of $1.23 by $0.40. The bank had revenue of $10.12 billion for the quarter, compared to the consensus estimate of $9.31 billion. Toronto-Dominion Bank had a net margin of 21.27% and a return on equity of 16.78%. The company's quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the company posted $1.36 EPS. 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 brokers have issued 12 month price objectives for Toronto-Dominion Bank's stock. Their predictions range from $87.00 to $87.00. On average, they anticipate Toronto-Dominion Bank's stock price to reach $87.00 in the next twelve months. This suggests a possible upside of 61.0% 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?
News stories about TD stock have trended very positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of news 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 -5 to 5, with scores nearest to five being the most favorable. Toronto-Dominion Bank earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several 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), Boc Hong Kong (BHKLY) and Banco Bilbao Vizcaya Argentaria (BBVA).
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 institutional and retail investors. Top institutional shareholders include Addenda Capital Inc. (0.11%), Intact Investment Management Inc. (0.07%), Cardinal Capital Management Inc. (0.06%), Nexus Investment Management Inc. (0.04%), USS Investment Management Ltd (0.02%) and DORCHESTER WEALTH MANAGEMENT Co (0.02%).
Which institutional 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 BTIM Corp..
Which institutional investors are buying Toronto-Dominion Bank stock?
TD stock was bought by a variety of institutional investors in the last quarter, including Intact Investment Management Inc., Landsberg Bennett & Dubbaneh LLC, DORCHESTER WEALTH MANAGEMENT Co, Fox Run Management L.L.C., Virtu Financial LLC, Quadrant Capital Group LLC, Nachman Norwood & Parrott Inc and Hudson Valley Investment Advisors Inc. ADV.
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 $54.04.
How big of a company is Toronto-Dominion Bank?
Toronto-Dominion Bank has a market capitalization of $99.19 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.
