Toronto-Dominion Bank

Toronto-Dominion Bank

174.11
CAD
-0.70
(-0.40%)
9.66EPS
18.10P/E
276.79BMarket Cap
Dec 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
14.4
16.12
16.82
18.34
19.37
20.99
22.33
23.95
23.25
25.28
28.27
31.99
35.5
38.93
Basic EPS, GAAP
3.46
4.15
4.23
4.68
5.51
6.02
6.26
6.43
7.73
9.48
5.53
4.73
11.57
9.33
Free Cash Flow per Basic Share
14.44
13.64
18.57
19.75
13.88
2.78
-0.3
126.35
26.96
20.71
-36.84
30
-41.59
3.01
Dividend per Share
1.44
1.73
1.86
2.05
2.28
2.52
2.83
2.03
3.06
3.68
3.2
4.07
4.44
4.67
Book Value per Share
25.28
28.43
33.79
36.69
37.7
40.45
45.19
49.49
51.66
55
56.52
59.58
68.78
69.66
Tangible Book Value per Share
16.69
19.27
23.55
26.3
27.51
30.08
34.44
38.87
41.58
44.03
44.59
47.07
55.53
55.73
Basic Weighted Avg Shares
1,838
1,839
1,849
1,853
1,851
1,835
1,824
1,807
1,818
1,811
1,823
1,759
1,726
1,671
Sales/Revenue/Turnover
26,469
29,640
31,102
33,999
35,842
38,533
40,729
43,284
42,266
45,762
51,524
56,256
61,281
65,072
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1,039
1,131
1,250
1,337
1,307
1,391
1,405
2,141
2,066
1,766
1,911
2,027
2,166
2,270
Net Income, GAAP
6,535
7,776
7,912
8,821
10,396
11,262
11,668
11,895
14,298
17,429
10,634
8,842
20,538
16,189
Effective Tax Rate (%)
15.13
16.66
16.61
20.13
18.29
23.1
20.67
9.67
21.13
19.52
24.19
24.85
14.42
19.64
Profit Margin (%)
24.69
26.23
25.44
25.94
29.01
29.23
28.65
27.48
33.83
38.09
20.64
15.72
33.51
24.88
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
55,534
108,111
42,366
142,262
143,228
157,875
169,963
168,204
127,676
158,055
183,912
209,346
230,686
229,345
Total Equity
51,383
56,231
67,028
74,214
75,190
80,040
87,701
95,499
99,818
111,383
112,071
115,160
127,827
127,015
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
5.88
4.36
3.44
3.47
3.42
3.42
3.27
3.29
4.02
4.14
2.13
1.62
3.58
2.87
Return on Common Equity (%)
14.02
15.43
13.56
13.26
14.83
15.4
14.64
13.54
15.27
17.68
10
8.09
18.12
13.64

Capital Structure

CAD

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
ST Debt
244,673
245,732
224,846
LT Borrowings
225,935
222,876
223,991
LT Finance Leases
5,250
5,290
5,354
Preferred Equity and Hybrid Capital
11,625
11,625
12,875
Shares Outstanding
1,671
1,652
1,639
Market Capitalization
213,083
240,093
276,794

Working Capital

CAD

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
247,353
245,447
245,350
Accounts Receivable, Net
15,344
13,218
13,722
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
49,920
48,216
47,149
ST Debt
244,673
245,732
224,846
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.74%
6.1%
11%
Free Cash Flow
-4,225.34%
-159.15%
-236.07%
Net Income, GAAP
16.18%
23.71%
132.28%
Sales/Revenue/Turnover
7.08%
7.32%
8.93%
Total Cash Common Dividend
10.16%
18.46%
6.99%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,641
13,759
14,113
14,743
56,256
2025
14,901
15,004
15,482
15,894
61,281
2026
16,501
15,900
16,777
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.55
1.35
-0.14
1.97
4.73
2025
1.55
6.28
1.89
1.82
11.57
2026
2.35
2.44
2.75
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.98
1.05
0.98
1.05
4.07
2025
1.02
1.16
1.1
1.16
4.44
2026
0.08
2.26
1.17
- -
- -

Company Description

CEO
Raymond Chong Ho Chun
Full Time Employees
105,005
Sector
Finance
Industry
Major banks
Address
66 Wellington Street West Toronto ON Canada M5K 1A2
IPO Date
Aug 30, 1996
Website
td.com
Business
The Toronto-Dominion Bank (TD) is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario, founded in 1955 through the merger of the Bank of Toronto and the Dominion Bank. TD operates through four main segments: Canadian Personal and Commercial Banking; U.S. Retail, including TD Bank America’s Most Convenient Bank® and TD Auto Finance U.S.; Wealth Management and Insurance, encompassing TD Wealth in both Canada and the U.S., TD Direct Investing, and TD Insurance; and Wholesale Banking via TD Securities. The bank offers a comprehensive range of products including retail banking, commercial banking, wealth management, investment brokerage, insurance, and auto finance across Canada, the United States, and internationally, serving more than 28 million customers with over 2,100 branches and 5,100 ATMs combined in North America. In recent major developments, TD completed its $1.3 billion acquisition of U.S. brokerage Cowen Inc. in March 2023, creating TD Cowen to expand its securities and investment banking capabilities. The company has undertaken a strategic repositioning in 2025 with leadership transitions, including executive appointments and governance reforms aimed at enhancing operational efficiency, risk management, and digital transformation. TD is investing significantly in artificial intelligence, digital tools, and talent to accelerate growth, simplify operations, and improve client experience while managing risks sustainably. These initiatives reflect TD’s focus on strengthening its North American market presence and integrating its product offerings across retail, wealth, and wholesale banking services. TD ranks as one of the largest banks globally by assets, holding approximately US$1.9 trillion as of late 2022, and stands as the second-largest bank in Canada. It targets individual, corporate, and institutional clients with tailored financial solutions, supported by subsidiaries and a strong presence in both Canadian and U.S. markets. The bank emphasizes innovation, customer satisfaction, and market leadership, recently recognized for high mobile banking customer satisfaction in Canada. TD trades on the Toronto and New York Stock Exchanges under the symbol "TD" and continues advancing its strategic agenda with a focus on long-term shareholder value and sustainable growth.

Company News

  • TD Launches Credit Assist, Turning Days of Commercial Credit Work into Minutes

  • TD and Akoya Announce Plans to Modernize How Clients Connect and Share Financial Data

  • Is TD Overvalued? DCF Says Worth $90

  • Toronto-Dominion Bank: The Buy Window Is Shut Now (Downgrade)

  • TD Bank U.S. Names Hardeep Walia to Lead U.S. Wealth Business

  • The Toronto-Dominion Bank (TSE:TD) Shareholders to Receive $1.12 Quarterly Dividend

  • Toronto Dominion Bank (The) (TD) to Distribute Quarterly Dividend of C$1.12 on October 31st

  • The Toronto-Dominion Bank (TSE:TD) Stock Has Average Target Price of C$171.08 According to Brokerages

  • UBS or TD: Which Is the Better Value Stock Right Now?

  • 10 Wall Street Analysts Think Argenx Stock Is Headed to At Least $1,200 -- Is the Stock a Buy Now?

  • TD Bank unveils new $10B share buyback

  • TD Bank unveils new $10B share buyback

  • First Look: Disney Layoffs, Apple Smart Home Launch, Goldman CEO Talks

  • Toronto-Dominion Bank (TSE:TD) Stock: Insider Kelvin Vi Luan Tran Sells 8,000 Shares

  • Toronto-Dominion Bank (TSE:TD) Insider Kelvin Vi Luan Tran Sells 2,800 Shares of Stock

  • These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar

  • TD DCF Analysis: Intrinsic Value $95 vs Price $122

  • Corient Private Wealth LP Lowers Stake in Toronto Dominion Bank (The) $TD

  • TD Bank Targets 100 U.S. Branches as AML Remediation Continues

  • UPDATE - Major expansion of Ashland Sawmill announced