Toronto Dominion Bank (TD) - Stock & Dividends

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

The Toronto-Dominion Bank, known as TD Bank, is a leading financial institution offering a wide range of financial products and services across Canada, the United States, and globally through its various subsidiaries.

Operating through four key segments - Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking - TD Bank caters to a diverse customer base and provides a comprehensive suite of solutions to meet their financial needs.

From personal banking products like checking and savings accounts to business services such as financing, cash management, and international trade support, TD Bank ensures individuals and businesses have access to essential financial tools to manage their finances effectively.

In addition to traditional banking services, TD Bank also offers credit cards, investment products, wealth management, insurance options, and advisory services to help clients achieve their financial goals and protect their assets.

Furthermore, TD Bank is actively involved in capital markets and corporate banking, providing a wide range of investment and funding solutions to corporations, governments, and institutions seeking strategic advice, underwriting services, and investment opportunities.

Established in 1855 and headquartered in Toronto, Canada, TD Bank has built a strong reputation for reliability and innovation, delivering financial solutions under the trusted brand names TD Bank and America's Most Convenient Bank.

For more information, visit the TD Bank website: https://www.td.com

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Drawdown (Underwater) Chart

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

TD Stock Overview

Market Cap in USD 106,013m
Sector Financial Services
Industry Banks - Diversified
GiC SubIndustry Diversified Banks
TER 0.00%
IPO / Inception

TD Stock Ratings

Fundamental -3.74
Dividend 8.28
Growth 5y 3.76
Rel. Performance vs Sector -2.06
Analysts -
Fair Price Total Ret. 75.40
Fair Price DCF -

TD Dividends

Yield 12m 4.83%
Yield on Cost 5y 6.43%
Dividends CAGR 5y 5.85%
Payout Consistency 99.1%

TD Growth Ratios

Growth 12m -6.85%
Growth Correlation 12m 29%
Growth Correlation 3m -24%
CAGR 5y 5.89%
CAGR / Mean Drawdown 0.55
Sharpe Ratio 12m -0.69
Alpha vs SP500 12m -29.25
Beta vs SP500 5y weekly 0.70
CAPM 7.15%
Average Daily Range 2m 1.22%
Regime Oscillator 54.56
Volatility GJR Garch 1y 14.68%
Price / SMA 50 -1.43%
Price / SMA 200 0.31%
Current Volume 4391.6k
Average Volume 20d 3901.1k

External Links for TD Stock

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What is the price of TD stocks?
As of February 28, 2024, the stock is trading at CAD 80.69 with a total of 4,391,598 shares traded.
Over the past week, the price has changed by +0.04%, over one month by -1.87%, over three months by -1.71% and over the past year by -6.54%.
Why is TD stock down?
Check with which Index or Commodity TD has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return TD Return S&P 500
1 Month -1.87% 4.00%
3 Months -1.71% 11.99%
12 Months -6.54% 29.39%
What is the forecast for TD stock price target?
According to ValueRays Forecast Model, TD Toronto Dominion Bank will be worth about 82.6 in February 2025. The stock is currently trading at 80.69. This means that the stock has a potential upside of +2.34%.
Issuer Forecast Upside
Wallstreet Target Price 89.7 11.2%
Analysts Target Price - -
ValueRay Target Price 82.6 2.3%

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.