The Toronto-Dominion Bank (TD)
| Market Cap | 102.94B |
| Revenue (ttm) | 36.86B |
| Net Income (ttm) | 7.46B |
| Shares Out | 1.77B |
| EPS (ttm) | 4.07 |
| PE Ratio | 14.27 |
| Forward PE | 7.42 |
| Dividend | $3.00 (5.17%) |
| Ex-Dividend Date | Apr 8, 2024 |
| Volume | 2,188,946 |
| Open | 57.32 |
| Previous Close | 57.25 |
| Day's Range | 57.22 - 58.23 |
| 52-Week Range | 54.69 - 66.15 |
| Beta | 0.83 |
| Analysts | Hold |
| Price Target | 87.20 (+50.11%) |
| Earnings Date | May 23, 2024 |
About TD
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of ... [Read more]
Financial Performance
In 2023, TD's revenue was 50.49 billion, an increase of 2.98% compared to the previous year's 49.03 billion. Earnings were 10.22 billion, a decrease of -40.48%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for TD stock is "Hold." The 12-month stock price forecast is $87.2, which is an increase of 50.11% from the latest price.
News
TD Bank Announces Matt Boss as Head of U.S. Consumer Banking
CHERRY HILL, N.J.--(BUSINESS WIRE)---- $TD #banking--TD Bank, America's Most Convenient Bank®, recently elevated Matthew (Matt) Boss to Head of U.S Consumer Banking. In his expanded role, Boss is resp...
TD Bank Taps Google Cloud to Streamline Deployment of Applications
TD Bank Group and Google Cloud have partnered to streamline the bank's development and deployment of new applications. The collaboration aims to accelerate the rollout of new features and financial pr...
TD and Cricket Canada Come Together for the Love of the Game
TORONTO--(BUSINESS WIRE)--Cricket Canada and TD Bank Group (TD) announced a new sponsorship marking a significant milestone in Canadian cricket history as TD moves to support the growth and developmen...
TD Bank Unveils TD Complete Checking and TD Early Pay, Simplifying Customers' Banking Experiences
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD Bank, America's Most Convenient Bank®, today announced the launch of TD Complete Checking, a new product that's designed to help simplify and modernize the check...
TD Bank: 2024 Home Equity Review
With competitive interest rates on home equity loans and HELOCs, this bank is worth a look if you live near a branch.
Nearly 75 Percent of First-time Homebuyers are Optimistic about the Current Housing Market, TD Bank Survey Finds
CHERRY HILL, N.J.--(BUSINESS WIRE)--Amid lingering concerns around affordability and interest rates, most first-time homebuyers still feel optimistic about the housing market in 2024 and are ready to ...
TD Bank Celebrates 100 Years of The Boston Bruins with Centennial Pins
BOSTON--(BUSINESS WIRE)--TD Bank, America's Most Convenient Bank®, today announced a special Boston Bruins commemorative pin giveaway celebrating 100 years of Boston Bruins hockey. Starting today thro...
Canada's TD Bank posts lower profit on higher loan loss provisions
TD Bank Group reported a fall in first-quarter profit on Thursday as the Canadian lender set aside more funds to cover for souring loans.
TD Bank Launches "Tap to Pay on iPhone" for Small and Micro Businesses
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD, America's Most Convenient Bank®, today announced the launch of Tap to Pay on iPhone, enabling small and micro business owners across the U.S. to use their mobil...
TD Bank Targets $20 Billion to Spark Economic Opportunities for Low- and Moderate-Income, Diverse and Underserved Communities across 15 States and Washington, D.C.
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD Bank's three-year, $20B Community Impact Plan will serve diverse and underserved communities with lending, philanthropy and more.
TD Bank and Plaid Partner to Ease Access to Apps
TD Bank Group and Plaid have partnered to eliminate the need for TD customers in Canada and the United States to share login credentials with third-party applications.
TD Bank Group and Plaid enter into North American data-access agreement
New agreement will empower TD customers with greater data security and privacy by eliminating the need to share login credentials with third-party applications TORONTO , Dec. 14, 2023 /PRNewswire/ - T...
TD Bank and Diamonds International® Announce Private Label Credit Card Program
WILMINGTON, Del.--(BUSINESS WIRE)--TD Bank's Retail Card Services business today announced a private label credit card partnership with Diamonds International, a fine jewelry brand with more than 125 ...
TD Securities Announces Significant Expansion of Its Global Financial Institutions Group
Key Hires Made Across Investment Banking, Global Markets, and Research Geoff Bertram and James Spencer to Co-Lead Global FIG Investment Banking TORONTO and NEW YORK , Dec. 4, 2023 /PRNewswire/ - TD Ba...
Toronto-Dominion Bank to Cut 3% of Workforce
Toronto-Dominion Bank, Canada's second-largest lender, has reportedly undertaken a restructuring plan that includes a 3% reduction in its workforce. The job cuts will be implemented through attrition ...
Canada's TD Bank's fourth-quarter profit falls on higher provisions
TD Bank Group reported a fall in its fourth-quarter profit on Thursday, as Canada's second-largest lender set aside more rainy-day funds to cover for potential sour loans.
TD Bank Supports Maine with $200,000 in Community Giving
Bank also offers TD Cares relief program to area customers PORTLAND, Maine , Oct. 30, 2023 /PRNewswire/ -- The TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient...
Accenture and TD Bank Unveil Coalition With Disability:IN to Advance Disability Inclusion Across the Marketing and Communications Industry
NEW YORK--(BUSINESS WIRE)--Accenture and TD Bank announce the formation of a coalition of CMOs and CCOs powered by Disability:IN.
TD Bank and Rare Carat Launch Multi-Year Financing Partnership
TD will provide exclusive credit card financing to the growing online diamond and engagement ring retailer WILMINGTON, Del. , Oct. 19, 2023 /PRNewswire/ -- TD Bank's Retail Card Services business toda...
Wells Fargo downgrades four regional banks and highlights four top names in analyst shift
Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.
TD's US head says money-laundering probe 'manageable'
A U.S. probe into Toronto-Dominion Bank's anti-money laundering compliance program is "manageable, the bank's head of U.S. retail operations said on Wednesday.
TD expects penalties from US probes on money laundering
TD Bank Group on Thursday said it expects fines and "non-monetary" penalties related to investigations by U.S. authorities over its anti-money laundering compliance program.
Toronto-Dominion Bank's quarterly profit falls as loan-loss provisions rise
Toronto-Dominion Bank on Thursday reported a drop in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover losses from borrowers who might fall behind on loan payments.
TD Bank Survey Reveals Widespread Impact of Inflation
4 out of 5 consumers' spending habits were impacted by inflation, leading many to seek relief through savings and rewards CHERRY HILL, N.J. , Aug. 16, 2023 /PRNewswire/ -- TD Bank, America's Most Conv...
More challenges await U.S. banks but analysts think the worst may be over for the year
While a slump in U.S. bank performance is expected to continue for the balance of the year, at least one key metric for banks isn't seen as getting any worse, analysts at Fitch Ratings said in a resea...