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 Ratio14.22
Forward P/E Ratio12.41
P/E Growth1.22
Sales & Book Value
Annual Sales$34.52 billion
Price / Sales3.20
Cash Flow$4.8724 per share
Price / Cash12.38
Book Value$29.15 per share
Price / Book2.07
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$110.27 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 declared a quarterly dividend on Friday, May 25th. Shareholders of record on Tuesday, July 10th will be given a dividend of $0.5239 per share on Tuesday, July 31st. This represents a $2.10 annualized dividend and a yield of 3.47%. The ex-dividend date is Monday, July 9th. This is a boost 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 announced that its Board of Directors has authorized 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. Shares buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were Toronto-Dominion Bank's earnings last quarter?
Toronto-Dominion Bank (NYSE:TD) issued its earnings results on Thursday, May, 24th. The bank reported $1.62 EPS for the quarter, topping analysts' consensus estimates of $1.17 by $0.45. The bank had revenue of $9.47 billion for the quarter, compared to analysts' expectations of $8.76 billion. Toronto-Dominion Bank had a net margin of 22.03% and a return on equity of 16.50%. The business's quarterly revenue was up 11.7% compared to the same quarter last year. During the same period last year, the firm earned $1.34 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?
8 equities research analysts have issued 12-month target prices for Toronto-Dominion Bank's stock. Their forecasts range from $80.00 to $87.00. On average, they anticipate Toronto-Dominion Bank's share price to reach $83.3333 in the next twelve months. This suggests a possible upside of 38.2% 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), Mitsubishi UFJ Financial Group (MUFG), Banco Santander (SAN), Westpac Banking (WBK), BNP PARIBAS/S (BNPQY), ANZ (ANZBY), Lloyds Banking Group (LYG), Sumitomo Mitsui Financial Grp (SMFG), Bank of Montreal (BMO), ING Groep (ING), HANG SENG Bk Lt/S (HSNGY), NORDEA Bk AB SW/S (NRBAY) and Canadian Imperial Bank of Commerce (CM).
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?
Media headlines about TD stock have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Toronto-Dominion Bank earned a news and rumor sentiment score of 0.15 on Accern's scale. They also gave news coverage about the bank an impact score of 48.43 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. 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., Schroder Investment Management Group, Mawer Investment Management Ltd. and Canada Pension Plan Investment Board.
Which institutional investors are buying Toronto-Dominion Bank stock?
TD stock was bought by a variety of institutional investors in the last quarter, including Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Toronto Dominion Bank, Fiera Capital Corp, Addenda Capital Inc., Acadian Asset Management LLC, Bank of Nova Scotia, AGF Investments Inc. and Renaissance Technologies LLC.
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 $60.32.
How big of a company is Toronto-Dominion Bank?
Toronto-Dominion Bank has a market capitalization of $110.27 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.
