The Toronto-Dominion Bank (TD)
| Market Cap | 97.25B |
| Revenue (ttm) | 36.86B |
| Net Income (ttm) | 7.46B |
| Shares Out | 1.76B |
| EPS (ttm) | 4.09 |
| PE Ratio | 13.50 |
| Forward PE | 6.97 |
| Dividend | $2.98 (5.39%) |
| Ex-Dividend Date | Jul 10, 2024 |
| Volume | 1,185,662 |
| Open | 54.63 |
| Previous Close | 54.54 |
| Day's Range | 54.55 - 55.35 |
| 52-Week Range | 53.52 - 66.15 |
| Beta | 0.81 |
| Analysts | Hold |
| Price Target | 88.00 (+59.19%) |
| Earnings Date | Aug 22, 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 5 analysts, the average rating for TD stock is "Hold." The 12-month stock price forecast is $88.0, which is an increase of 59.19% from the latest price.
News
Canada's TD Bank launches tech-focused banking unit
Toronto-Dominion Bank , Canada's second-largest bank, on Tuesday launched a new business focused on providing banking and financing services to technology companies in its domestic market.
TD Bank Launches "Chosen First Name" Feature to Help Drive Inclusive Banking Experiences
CHERRY HILL, N.J.--(BUSINESS WIRE)-- #ChosenFirstName--TD Bank, America's Most Convenient Bank®, today announced the launch of the Chosen First Name feature, offering customers the option to use a fir...
Analysts Say Fines Could Rise as TD Bank Faces Additional Allegations
Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the United States. This estimate by analysts at Jefferies Financial Group...
Bribery Probe Adds to TD Bank's Legal Headaches
Toronto-Dominion (TD) Bank's legal problems are growing with reported bribery allegations against a Florida banker. That ex-employee, Gerry Aquino Vargas, is accused of taking multiple $200 bribes to ...
TD Bank Receives Remarkable 2024 Diversity Recognitions
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD Bank, America's Most Convenient Bank® has received multiple high-ranking accolades for the company's dedication to diversity, equity, and inclusion from Forbes a...
TD Bank Overhauls Anti-Money Laundering Processes Amid Regulatory Scrutiny
Toronto-Dominion Bank (TD Bank) reportedly fired more than a dozen employees and began an overhaul of its processes as part of its efforts to address earlier failings in its anti-money laundering (AML...
Toronto-Dominion Bank Fired More Than a Dozen in Wake of Anti-Money-Laundering Failings, Source Says
Chief Executive Bharat Masrani said the bank took action against responsible employees, including termination, but didn't disclose specific numbers.
TD Bank Beats Q2 Estimates as Canadian Unit Helps Offset US Weakness
Toronto-Dominion Bank (TD) reported second-quarter fiscal 2024 results Thursday, surpassing analyst estimates as the bank kicks off a run of Canadian bank earnings over the rest of the month.
TD Bank's quarterly profit rises on strength in domestic banking, wealth management
TD Bank Group reported a rise in its second-quarter profit on Thursday driven by strong performance of its domestic personal and commercial banking and wealth management units.
TD Charitable Foundation Awards $7 million in Grants to 37 Non-Profits Supporting Housing for Marginalized Communities
CHERRY HILL, N.J.--(BUSINESS WIRE)-- #TDhousingsummit--TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, today announced it awarded a total of $7 million...
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of The Toronto-Dominion Bank (TD) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of The Toronto-Domin...
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of The Toronto-Dominion Bank (TD) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of The Toronto-Dominion Bank (“TD” or the “Company”) (NYSE: TD) investors concerning the Company's p...
The Law Offices of Frank R. Cruz Announces Investigation of The Toronto-Dominion Bank (TD) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of The Toronto-Dominion Bank (“TD” or the “Company”) (NYSE: TD) on behalf of investors concerning the Company'...
TD Bank's stock selloff on money-laundering report is overblown, says KBW analyst
A drop in TD Bank Group's stock following a Wall Street Journal report about allegedly laundering illegal money from Chinese drug traffickers and Mexican cartels appears to be overblown, analysts at K...
TD Bank probe tied to laundering of illicit fentanyl profits, WSJ reports
A U.S. Department of Justice (DoJ) investigation into TD Bank is focused on how Chinese drug traffickers and crime groups used the Canada's second-largest lender to launder their money from fentanyl s...
TD Bank Sets Aside $450 Million for Possible U.S. Anti-Money Laundering Penalties
Canada's second-largest bank by market capitalization said the provision is related to talks with one U.S. regulator.
TD Bank Group and Aga Khan Museum Renew Collaboration for An Additional Three Years
TORONTO--(BUSINESS WIRE)--The Aga Khan Museum is pleased to announce it has received a grant from TD Bank Group (TD), continuing an impactful collaboration aimed at serving local artists and providing...
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.