Toronto Dominion Bank (TD) - Stock & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA8911605092

Banking, Insurance, Investments, Credit Cards, Loans, Mortgages

The Toronto-Dominion Bank, commonly known as TD Bank, is a leading financial institution that provides a wide range of financial products and services to individuals, businesses, and institutions across Canada, the United States, and internationally.

The bank operates through four main segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. This allows them to cater to diverse customer needs, from personal banking and investments to complex corporate and institutional services.

For personal banking, TD offers a variety of deposit products, including chequing and savings accounts, as well as investment options. They also provide financing solutions, cash management services, and international trade services to businesses of all sizes.

In addition, TD offers a range of credit cards and payment solutions, including point-of-sale payment options for businesses. They also provide wealth and asset management products, as well as insurance services, including property, casualty, life, and health insurance.

For corporate and institutional clients, TD provides capital markets and investment banking services, including underwriting and distributing new debt and equity issues. They also offer strategic advisory services for acquisitions and divestitures, as well as trading, funding, and investment services.

With a rich history dating back to 1855, TD Bank is headquartered in Toronto, Canada, and operates under the TD Bank and America's Most Convenient Bank brand names. You can learn more about their products and services on their website at https://www.td.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Toronto Dominion Bank (TD) - Stock & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Toronto Dominion Bank (TD) - Stock & Dividends

TD Stock Overview

Market Cap in USD 97,431m
Sector Financial Services
Industry Banks - Diversified
GiC SubIndustry Diversified Banks
TER 0.00%
IPO / Inception

TD Stock Ratings

Growth 5y 19.4
Fundamental -16.0
Dividend 8.35
Rel. Performance vs Sector -2.59
Analysts -
Fair Price Momentum 78.14 CAD
Fair Price DCF -

TD Dividends

Yield 12m 5.35%
Yield on Cost 5y 6.41%
Dividends CAGR 5y 5.85%
Payout Consistency 98.7%

TD Growth Ratios

Growth 12m -0.46%
Growth Correlation 12m -21%
Growth Correlation 3m -62%
CAGR 5y 3.66%
CAGR/Mean DD 5y 0.31
Sharpe Ratio 12m -0.35
Alpha vs SP500 12m -21.05
Beta vs SP500 5y weekly 0.69
ValueRay RSI 13.76
Volatility GJR Garch 1y 16.68%
Price / SMA 50 -4.09%
Price / SMA 200 -6.59%
Current Volume 16633k
Average Volume 20d 5362.3k

External Links for TD Stock

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What is the price of TD stocks?
As of June 22, 2024, the stock is trading at CAD 73.96 with a total of 16,632,987 shares traded.
Over the past week, the price has changed by -0.76%, over one month by -4.73%, over three months by -8.01% and over the past year by -2.65%.
What are the forecast for TD stock price target?
According to ValueRays Forecast Model, TD Toronto Dominion Bank will be worth about 85.2 in June 2025. The stock is currently trading at 73.96. This means that the stock has a potential upside of +15.16%.
Issuer Forecast Upside
Wallstreet Target Price 85.9 16.1
Analysts Target Price - -
ValueRay Target Price 85.2 15.2

Toronto Dominion Bank: Tracing the Roots and Branching Out

The History of Toronto Dominion Bank

The inception of Toronto Dominion Bank (TD), one of Canada's most prominent financial institutions, dates back to 1955. This marked year signifies the merger between The Bank of Toronto and The Dominion Bank, both of which were established in the mid-19th century. The merger was a strategic move to create a stronger presence across Canada and to compete more effectively in the global market.

Core Business: Banking and Beyond

At its core, TD is engaged in providing a wide range of financial services, including personal and commercial banking. This is facilitated through an extensive network of branches and ATMs across Canada and the United States, catering to millions of customers. Besides traditional banking, TD has diversified into wealth management and insurance, thus broadening its service offerings and market reach.

Side Ventures and Collaborations

Alongside its primary operations, TD has made strategic forays into side business ventures and collaborations. This includes investments in technology startups, partnerships with fintech companies, and engagement in sustainability projects. These endeavors not only illustrate TD's commitment to innovation but also highlight its dedication to social and environmental responsibility.

Current Market Status

As of now, Toronto Dominion Bank stands as a heavyweight in the banking sector, both domestically and internationally. It is listed on the Toronto Stock Exchange (TO:TD) and on the New York Stock Exchange for U.S. investors. With a robust financial performance year over year, TD continues to attract investors and maintain a strong market position. Despite challenges in the banking sector and broader economic fluctuations, TD's strategic diversification and focus on customer service excellence have poised it for sustained growth.