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 announced a quarterly dividend on Thursday, November 29th. Shareholders of record on Thursday, January 10th will be paid 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 3.74%. 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 has authorized a share buyback plan 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. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.
How were Toronto-Dominion Bank's earnings last quarter?
Toronto-Dominion Bank (NYSE:TD) announced its quarterly earnings data on Thursday, November, 29th. The bank reported $1.63 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate 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 firm's revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned $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 targets for Toronto-Dominion Bank's stock. Their forecasts range from $87.00 to $87.00. On average, they anticipate Toronto-Dominion Bank's share price to reach $87.00 in the next year. This suggests a possible upside of 59.6% 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 somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Toronto-Dominion Bank earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.
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 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%), DORCHESTER WEALTH MANAGEMENT Co (0.02%) and Timbercreek Investment Management Inc. (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 BTIM Corp..
Which major investors are buying Toronto-Dominion Bank stock?
TD stock was bought by a variety of institutional investors in the last quarter, including 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, Hudson Valley Investment Advisors Inc. ADV and Pennsylvania Trust Co.
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 $54.51.
How big of a company is Toronto-Dominion Bank?
Toronto-Dominion Bank has a market capitalization of $97.79 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.
