(TD) Toronto Dominion Bank - Overview

Sector: Financial Services | Industry: Banks - Diversified | Exchange: NYSE (USA) | Market Cap: 153.201m USD | Total Return: 62.3% in 12m

Stock Banking, Investments, Insurance, Lending, Payments
Total Rating 56
Risk 62
Buy Signal 0.46
Banks - Diversified -2.5
Diversified Banks -1.8
Market Cap: 153,201m
Avg Trading Vol: 192M USD
ATR: 2.00%
Peers RS (IBD): 71.3
Risk 5d forecast
Volatility18.0%
Rel. Tail Risk-1.45%
Reward TTM
Sharpe Ratio2.70
Alpha49.93
Character TTM
Beta0.505
Beta Downside0.384
Drawdowns 3y
Max DD19.19%
CAGR/Max DD1.11
EPS (Earnings per Share) EPS (Earnings per Share) of TD over the last years for every Quarter: "2021-01": 1.83, "2021-04": 2.04, "2021-07": 1.96, "2021-10": 2.09, "2022-01": 2.08, "2022-04": 2.02, "2022-07": 2.09, "2022-10": 2.18, "2023-01": 2.23, "2023-04": 1.94, "2023-07": 1.99, "2023-10": 1.83, "2024-01": 2, "2024-04": 2.04, "2024-07": 2.05, "2024-10": 1.97, "2025-01": 1.55, "2025-04": 1.97, "2025-07": 2.2, "2025-10": 2.18, "2026-01": 2.44,
EPS CAGR: 5.17%
EPS Trend: 2.2%
Last SUE: 0.72
Qual. Beats: 0
Revenue Revenue of TD over the last years for every Quarter: 2021-01: 12294, 2021-04: 11511, 2021-07: 11905, 2021-10: 12006, 2022-01: 12388, 2022-04: 12593, 2022-07: 15241, 2022-10: 18995, 2023-01: 23308, 2023-04: 24339, 2023-07: 26612, 2023-10: 27939, 2024-01: 28966, 2024-04: 29290, 2024-07: 30340, 2024-10: 30577, 2025-01: 29907, 2025-04: 28461, 2025-07: 28700, 2025-10: 28772, 2026-01: 28136.255,
Rev. CAGR: 23.91%
Rev. Trend: 77.0%
Last SUE: 0.62
Qual. Beats: 0
Description: TD Toronto Dominion Bank March 03, 2026

The Toronto-Dominion Bank (TD) is a global financial institution headquartered in Toronto, operating through four primary segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its service suite includes personal and commercial deposits, asset management, insurance products, and investment banking services such as debt and equity underwriting.

As a member of the Canadian Big Five banks, TD utilizes a diversified business model that balances retail banking stability with capital markets exposure. The Canadian banking sector is characterized by high barriers to entry and a stringent regulatory environment, which historically contributes to lower volatility compared to international peers.

Investors can evaluate the banks historical performance and valuation metrics in more detail on ValueRay.

Headlines to Watch Out For
  • Canadian personal banking loan growth boosts revenue
  • US retail banking expansion increases profitability
  • Wealth management asset flows impact fee income
  • Interest rate changes affect net interest margin
  • Regulatory fines for AML violations reduce earnings
Piotroski VR‑10 (Strict, 0-10) 3.0
Net Income: 21.79b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.41 > 1.0
NWC/Revenue: -187.2% < 20% (prev -1.11k%; Δ 923.9% < -1%)
CFO/TA 0.01 > 3% & CFO 16.31b > Net Income 21.79b
Net Debt (263.35b) to EBITDA (27.61b): 9.54 < 3
Current Ratio: 0.05 > 1.5 & < 3
Outstanding Shares: last quarter (1.24b) vs 12m ago -29.38% < -2%
Gross Margin: 51.07% > 18% (prev 0.44%; Δ 5.06k% > 0.5%)
Asset Turnover: 5.44% > 50% (prev 5.74%; Δ -0.30% > 0%)
Interest Coverage Ratio: 0.50 > 6 (EBITDA TTM 27.61b / Interest Expense TTM 51.48b)
Altman Z'' -0.40
A: -0.10 (Total Current Assets 11.95b - Total Current Liabilities 225.47b) / Total Assets 2102.61b
B: 0.04 (Retained Earnings 78.38b / Total Assets 2102.61b)
C: 0.01 (EBIT TTM 25.64b / Avg Total Assets 2098.08b)
D: 0.06 (Book Value of Equity 113.85b / Total Liabilities 1976.82b)
Altman-Z'' Score: -0.40 = B
Beneish M -3.81
DSRI: 0.12 (Receivables 5.66b/51.13b, Revenue 114.07b/120.11b)
GMI: 0.86 (GM 51.07% / 44.17%)
AQI: 1.16 (AQ_t 0.99 / AQ_t-1 0.85)
SGI: 0.95 (Revenue 114.07b / 120.11b)
TATA: 0.00 (NI 21.79b - CFO 16.31b) / TA 2102.61b)
Beneish M-Score: -3.81 (Cap -4..+1) = AAA
What is the price of TD shares? As of April 01, 2026, the stock is trading at USD 93.31 with a total of 1,830,790 shares traded.
Over the past week, the price has changed by -0.24%, over one month by -5.04%, over three months by -0.13% and over the past year by +62.26%.
Is TD a buy, sell or hold? Toronto Dominion Bank has received a consensus analysts rating of 3.94. Therefore, it is recommended to buy TD.
  • StrongBuy: 7
  • Buy: 2
  • Hold: 6
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the TD price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 97.2 4.1%
Analysts Target Price 97.2 4.1%
TD Fundamental Data Overview March 30, 2026
Market Cap CAD = 213.41b (153.20b USD * 1.393 USD.CAD)
P/E Trailing = 10.2204
P/E Forward = 13.4048
P/S = 2.3219
P/B = 1.8495
P/EG = 1.0058
Revenue TTM = 114.07b CAD
EBIT TTM = 25.64b CAD
EBITDA TTM = 27.61b CAD
Long Term Debt = 225.94b CAD (from longTermDebt, last quarter)
Short Term Debt = 225.47b CAD (from shortTermDebt, last quarter)
Debt = 269.65b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 263.35b CAD (from netDebt column, last quarter)
Enterprise Value = 476.76b CAD (213.41b + Debt 269.65b - CCE 6.30b)
Interest Coverage Ratio = 0.50 (Ebit TTM 25.64b / Interest Expense TTM 51.48b)
EV/FCF = 33.74x (Enterprise Value 476.76b / FCF TTM 14.13b)
FCF Yield = 2.96% (FCF TTM 14.13b / Enterprise Value 476.76b)
FCF Margin = 12.39% (FCF TTM 14.13b / Revenue TTM 114.07b)
Net Margin = 19.11% (Net Income TTM 21.79b / Revenue TTM 114.07b)
Gross Margin = 51.07% ((Revenue TTM 114.07b - Cost of Revenue TTM 55.81b) / Revenue TTM)
Gross Margin QoQ = 53.92% (prev 51.83%)
Tobins Q-Ratio = 0.23 (Enterprise Value 476.76b / Total Assets 2102.61b)
Interest Expense / Debt = 4.42% (Interest Expense 11.93b / Debt 269.65b)
Taxrate = 21.81% (1.13b / 5.18b)
NOPAT = 20.04b (EBIT 25.64b * (1 - 21.81%))
Current Ratio = 0.05 (Total Current Assets 11.95b / Total Current Liabilities 225.47b)
Debt / Equity = 2.14 (Debt 269.65b / totalStockholderEquity, last quarter 125.79b)
Debt / EBITDA = 9.54 (Net Debt 263.35b / EBITDA 27.61b)
Debt / FCF = 18.63 (Net Debt 263.35b / FCF TTM 14.13b)
Total Stockholder Equity = 126.28b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.04% (Net Income 21.79b / Total Assets 2102.61b)
RoE = 17.26% (Net Income TTM 21.79b / Total Stockholder Equity 126.28b)
RoCE = 7.28% (EBIT 25.64b / Capital Employed (Equity 126.28b + L.T.Debt 225.94b))
RoIC = 3.61% (NOPAT 20.04b / Invested Capital 554.72b)
WACC = 5.36% (E(213.41b)/V(483.06b) * Re(7.76%) + D(269.65b)/V(483.06b) * Rd(4.42%) * (1-Tc(0.22)))
Discount Rate = 7.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -16.04%
[DCF] Terminal Value 80.82% ; FCFF base≈17.51b ; Y1≈11.49b ; Y5≈5.26b
 [DCF] Fair Price = N/A (negative equity: EV 166.84b - Net Debt 263.35b = -96.51b; debt exceeds intrinsic value)
 EPS Correlation: 2.18 | EPS CAGR: 5.17% | SUE: 0.72 | # QB: 0
Revenue Correlation: 76.99 | Revenue CAGR: 23.91% | SUE: 0.62 | # QB: 0
EPS next Quarter (2026-07-31): EPS=2.42 | Chg7d=+0.013 | Chg30d=+0.064 | Revisions Net=+11 | Analysts=11
EPS current Year (2026-10-31): EPS=9.44 | Chg7d=+0.035 | Chg30d=+0.359 | Revisions Net=+14 | Growth EPS=+12.8% | Growth Revenue=+6.2%
EPS next Year (2027-10-31): EPS=10.36 | Chg7d=+0.017 | Chg30d=+0.289 | Revisions Net=+11 | Growth EPS=+9.8% | Growth Revenue=+3.9%
[Analyst] Revisions Ratio: +1.00 (11 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = -1.9% (Discount Rate 7.9% - Earnings Yield 9.8%)
[Growth] Growth Spread = +6.8% (Analyst 4.9% - Implied -1.9%)
Additional Sources for TD Stock Fund Manager Positions: Dataroma · Stockcircle