(TBNK) TD Canadian Bank Dividend - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Etf • ISIN: CA87818R1091 • Financial Services Equity
TBNK: Stocks, Shares, Equities, Bonds, Financials, Banking
The TD Canadian Bank Dividend Index ETF (Ticker: TBNK) is a Canadian exchange-traded fund listed on the Toronto Stock Exchange (TO). It tracks the Morningstar Global Financial Services GR CAD Index, focusing on Canadian financial services companies. The fund is designed to provide exposure to the Canadian banking sector, emphasizing dividend-paying stocks.
As of the latest data, TBNK has an average 20-day trading volume of 5,244 shares, with a last price of CAD 28.71. Its short-term technical indicators show a 20-day moving average of 29.72 and a 50-day moving average of 29.85, while its 200-day moving average stands at 27.97. The Average True Range (ATR) is 0.23, indicating moderate price volatility. The fund manages CAD 38.28 million in assets under management (AUM).
3-Month Forecast: Based on the current technical and fundamental data, TBNK is expected to experience a slight downtrend in the short term, as the 20-day and 50-day moving averages are above the current price. However, the 200-day moving average suggests long-term bullish momentum. The low ATR of 0.23 indicates that price fluctuations will likely remain contained. Fundamentally, the Canadian banking sector is expected to remain stable, supported by a strong economic outlook and consistent dividend payouts.
Additional Sources for TBNK ETF
TBNK ETF Overview
| Market Cap in USD | 27m |
| Category | Financial Services Equity |
| IPO / Inception | 2023-04-20 |
TBNK ETF Ratings
| Growth Rating | 56.0 |
| Fundamental | - |
| Dividend Rating | 55.7 |
| Rel. Strength | -1.8 |
| Analysts | - |
| Fair Price Momentum | 30.88 CAD |
| Fair Price DCF | - |
TBNK Dividends
| Dividend Yield 12m | 4.10% |
| Yield on Cost 5y | 5.28% |
| Annual Growth 5y | 22.47% |
| Payout Consistency | 100.0% |
TBNK Growth Ratios
| Growth Correlation 3m | -23.9% |
| Growth Correlation 12m | 72.7% |
| Growth Correlation 5y | 91.2% |
| CAGR 5y | 14.62% |
| CAGR/Max DD 5y | 0.97 |
| Sharpe Ratio 12m | 1.11 |
| Alpha | 12.50 |
| Beta | 0.314 |
| Volatility | 18.66% |
| Current Volume | 5k |
| Average Volume 20d | 2.7k |
As of May 11, 2025, the stock is trading at CAD 30.01 with a total of 5,011 shares traded.
Over the past week, the price has changed by +1.01%, over one month by +8.24%, over three months by +0.96% and over the past year by +19.33%.
Partly, yes. Based on ValueRay Analyses, TD Canadian Bank Dividend (TO:TBNK) is currently (May 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 55.95 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TBNK as of May 2025 is 30.88. This means that TBNK is currently overvalued and has a potential downside of 2.9%.
TD Canadian Bank Dividend has no consensus analysts rating.
According to ValueRays Forecast Model, TBNK TD Canadian Bank Dividend will be worth about 33.6 in May 2026. The stock is currently trading at 30.01. This means that the stock has a potential upside of +12.03%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 33.6 | 12% |