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The Toronto-Dominion Bank (TD.TO)

CAD171.62 +0.93 (+0.54%)
CA TSX Financial Services Banks - Diversified
Address PO Box 1 M5K 1A2
Toronto, ON, CA
CEO Raymond Chun
Website td.com
IPO 1995-01-12
ISIN CA8911605092

Explore sections of this company profile

Also trades on London Stock Exchange · 0VL8.L (CAD) New York Stock Exchange · TD (USD) Other OTC · TNTTF (USD) Other OTC · TDBKF (USD) Toronto Stock Exchange · TD-PFK.TO (CAD) Toronto Stock Exchange · TD-PFL.TO (CAD) Toronto Stock Exchange · TD.TO (CAD) Toronto Stock Exchange · TD-PFG.TO (CAD) Toronto Stock Exchange · TD-PFI.TO (CAD)
Description

The Toronto-Dominion Bank, or TD, delivers an extensive array of financial products and services to clients across Canada, the United States, and on a global scale. Its business operations are segmented into three primary divisions: Canadian Retail, U.S. Retail, and Wholesale Banking. For individual customers, TD offers a variety of deposit options, including chequing, savings, and investment accounts, alongside lending products such as real estate-secured mortgages, vehicle financing, and other consumer loans. The bank also facilitates credit card and payment services. Businesses, ranging from small ventures to large corporations, are provided with financing, investment solutions, cash management, international trade support, and everyday banking facilities, including point-of-sale payment systems. Moreover, TD extends its expertise to wealth and asset management, serving both retail and institutional clients through direct investing platforms, personalized advisory services, and dedicated asset management operations. Its insurance portfolio encompasses property, casualty, life, and health coverage. Within its Wholesale Banking division, the company specializes in capital markets and investment banking. This includes the underwriting and distribution of new debt and equity offerings, strategic advisory on acquisitions and divestitures, and comprehensive trading, funding, and investment solutions for corporate, governmental, and institutional clients. Operating under the "TD Bank" and "America's Most Convenient Bank" brands, TD maintains a significant physical footprint with 1,061 branches and 3,381 automated teller machines (ATMs) in Canada, alongside 1,148 stores and 2,701 ATMs in the United States. Customers can also access services through telephone, digital platforms, and mobile banking applications. Founded in 1855 and headquartered in Toronto, Canada, The Toronto-Dominion Bank also maintains a strategic partnership with Canada Post Corporation.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD171.62 +0.93 (+0.54%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
0.88
Float Shares
1.61B
Free Float %
97.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.01% +1.27% +7.80% +18.72% +34.08% +21.95% +66.12% +105.30% +81.53% +176.22% +3,036.18%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (17 ratings, all time) Buy
Price Targets & DCF
Current price
171.62
DCF (Unlevered) 307.50 +79.2%
DCF (Levered) 248.83 +45.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 63% Bullish
Rating 2026-05 Change
Strong Buy 5 +2
Buy 5 0
Hold 4 0
Sell 0 0
Strong Sell 2 0
Quality scores
Altman Z-Score
0.09
Distress
Piotroski F-Score
7 / 9
Strong
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
  • Revenue growth
    -2.8% Q2'26: -5.0% (vs Q2'25)
  • EPS growth
    +144.9% Q2'26: -61.2% (vs Q2'25)
  • FCF margin
    Q2'26: +37.8% (vs Q2'25)
  • EBIT margin
    Q2'26: +18.6% (vs Q2'25)
  • ROIC
    Q2'26: +4.3% (vs Q2'25)
  • Share dilution
    -1.2% Q2'26: -4.4% (vs Q2'25)
  • Debt / EBITDA
    Q2'26: 13.71× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.87) × ERP
WACC = 29% × Ke + 71% × Kd (8.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 307.50 Current price: 171.62
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Oct 1999
actual
Oct 2000
actual
Oct 2002
actual
Oct 2003
actual
Oct 2004
actual
Oct 2005
actual
Oct 2006
actual
Oct 2007
actual
Oct 2008
actual
Oct 2009
actual
Oct 2010
actual
Oct 2011
actual
Oct 2012
actual
Oct 2013
actual
Oct 2014
actual
Oct 2015
actual
Oct 2016
actual
Oct 2017
actual
Oct 2018
actual
Oct 2019
actual
Oct 2020
actual
Oct 2021
actual
Oct 2022
actual
Oct 2023
actual
Oct 2024
actual
Oct 2025
actual
Oct 2026
3 Rev. Ana.
10 EPS Ana.
Oct 2027
3 Rev. Ana.
10 EPS Ana.
Oct 2028
1 Rev. Ana.
1 EPS Ana.
Oct 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
15.68B
est: 7.21B (+117.4%)
20.07B
est: 10.76B (+86.6%)
16.53B
est: 10.49B (+57.6%)
15.63B
est: 10.52B (+48.6%)
15.79B
est: 11.24B (+40.5%)
18.46B
est: 12.40B (+48.9%)
22.22B
est: 13.43B (+65.5%)
24.81B
est: 14.63B (+69.7%)
25.47B
est: 15.50B (+64.3%)
25.46B
est: 18.74B (+35.8%)
25.11B
est: 20.03B (+25.4%)
30.77B
est: 21.90B (+40.5%)
32.46B
est: 23.17B (+40.1%)
33.01B
est: 24.71B (+33.6%)
35.98B
est: 28.66B (+25.6%)
37.21B
est: 29.11B (+27.8%)
40.64B
est: 31.93B (+27.3%)
44.83B
est: 34.46B (+30.1%)
52.72B
est: 36.49B (+44.5%)
58.85B
est: 39.68B (+48.3%)
54.62B
est: 39.20B (+39.3%)
47.72B
est: 39.67B (+20.3%)
59.44B
est: 43.55B (+36.5%)
102.25B
est: 51.50B (+98.6%)
119.17B
est: 50.10B (+137.9%)
115.84B
est: 55.17B (+110.0%)
59.46B
58.87B – 59.89B
+7.8% YoY
61.99B
60.52B – 62.75B
+4.3% YoY
77.46B
76.15B – 78.22B
+25.0% YoY
306.96B
301.75B – 309.97B
+296.3% YoY
EBITDA
4.33B
est: 1.86B (+133.6%)
2.93B
est: 2.77B (+6.1%)
797.51M
est: 2.70B (-70.4%)
2.49B
est: 7.30B (-65.9%)
3.96B
est: 8.63B (-54.2%)
3.93B
est: 10.17B (-61.4%)
6.38B
est: 11.44B (-44.3%)
5.52B
est: 3.76B (+46.8%)
5.12B
est: 3.99B (+28.5%)
4.42B
est: 4.82B (-8.2%)
6.97B
est: 13.01B (-46.4%)
8.25B
est: 14.18B (-41.8%)
8.28B
est: 14.80B (-44.0%)
8.54B
est: 16.70B (-48.8%)
10.21B
est: 17.72B (-42.4%)
10.42B
est: 17.72B (-41.2%)
11.98B
est: 18.41B (-34.9%)
13.63B
est: 20.39B (-33.2%)
15.16B
est: 24.39B (-37.8%)
14.63B
est: 31.78B (-54.0%)
14.06B
est: 36.38B (-61.4%)
19.20B
est: 35.61B (-46.1%)
22.19B
est: 35.17B (-36.9%)
14.80B
est: 12.89B (+14.8%)
12.86B
est: 34.97B (-63.2%)
25.81B
est: 13.80B (+87.0%)
14.88B
14.73B – 14.99B
+7.8% YoY
15.51B
15.14B – 15.70B
+4.3% YoY
19.38B
19.05B – 19.57B
+25.0% YoY
76.81B
75.50B – 77.56B
+296.3% YoY
EBIT
4.08B
est: 1.64B (+148.5%)
1.33B
est: 2.40B (-44.6%)
-512.46M
est: 2.34B (-121.9%)
1.40B
est: -449.23M (+411.2%)
3.04B
est: 1.59B (+90.6%)
3.06B
est: 3.54B (-13.5%)
5.53B
est: 3.31B (+66.8%)
4.66B
est: 6.02B (-22.6%)
4.10B
est: 4.94B (-16.9%)
3.17B
est: 4.97B (-36.3%)
5.78B
est: 3.39B (+70.6%)
7.13B
est: 6.33B (+12.6%)
7.31B
est: 7.45B (-1.9%)
7.50B
est: 7.82B (-4.0%)
9.08B
est: 8.74B (+3.9%)
9.17B
est: 9.59B (-4.3%)
10.65B
est: 10.05B (+5.9%)
12.32B
est: 11.46B (+7.5%)
13.77B
est: 13.10B (+5.1%)
13.23B
est: 14.58B (-9.3%)
11.91B
est: 14.21B (-16.1%)
17.13B
est: 13.91B (+23.2%)
20.42B
est: 13.73B (+48.7%)
12.89B
est: 11.57B (+11.4%)
10.83B
est: 11.25B (-3.7%)
23.64B
est: 12.40B (+90.7%)
13.36B
13.23B – 13.46B
+7.8% YoY
13.93B
13.60B – 14.10B
+4.3% YoY
17.41B
17.11B – 17.58B
+25.0% YoY
68.99B
67.81B – 69.66B
+296.3% YoY
Net Income
2.98B
est: 2.00B (+49.3%)
1.02B
est: 2.78B (-63.1%)
-66.98M
est: 593.01M (-111.3%)
1.08B
est: -76.21M (+1,512.0%)
2.23B
est: 1.15B (+94.1%)
2.23B
est: 2.55B (-12.5%)
4.60B
est: 2.41B (+90.7%)
4.00B
est: 5.01B (-20.3%)
3.83B
est: 4.24B (-9.5%)
3.12B
est: 4.64B (-32.8%)
4.64B
est: 3.33B (+39.3%)
5.94B
est: 5.09B (+16.8%)
6.36B
est: 6.23B (+2.1%)
6.54B
est: 6.79B (-3.8%)
7.78B
est: 7.60B (+2.3%)
7.91B
est: 8.21B (-3.7%)
8.82B
est: 8.67B (+1.7%)
10.40B
est: 9.50B (+9.5%)
11.26B
est: 11.05B (+1.9%)
11.67B
est: 11.92B (-2.1%)
11.90B
est: 12.53B (-5.1%)
14.30B
est: 12.27B (+16.6%)
17.43B
est: 12.11B (+43.9%)
10.63B
est: 10.37B (+2.6%)
8.84B
est: 16.83B (-47.5%)
20.54B
est: 14.33B (+43.3%)
15.35B
14.50B – 17.41B
+7.1% YoY
16.29B
15.85B – 19.59B
+6.1% YoY
20.58B
20.22B – 20.94B
+26.3% YoY
19.01B
18.59B – 19.25B
-7.6% YoY
SGA
2.48B
est: 1.96B (+26.9%)
3.40B
est: 2.86B (+18.8%)
3.57B
est: 2.79B (+27.8%)
3.76B
est: 2.85B (+31.7%)
4.16B
est: 9.18B (-54.6%)
4.69B
est: 8.41B (-44.3%)
4.96B
est: 9.57B (-48.2%)
5.05B
est: 8.25B (-38.8%)
5.48B
est: 10.19B (-46.3%)
6.41B
est: 12.80B (-50.0%)
6.56B
est: 15.53B (-57.8%)
9.50B
est: 15.10B (-37.1%)
10.35B
est: 15.38B (-32.7%)
11.39B
est: 16.85B (-32.4%)
12.04B
est: 22.88B (-47.4%)
12.27B
est: 22.06B (-44.4%)
12.50B
est: 24.40B (-48.8%)
12.99B
est: 25.48B (-49.0%)
13.62B
est: 25.39B (-46.3%)
15.25B
est: 26.60B (-42.7%)
15.97B
est: 29.89B (-46.6%)
16.29B
est: 29.26B (-44.3%)
17.65B
est: 28.90B (-38.9%)
22.22B
est: 13.27B (+67.4%)
24.90B
est: 12.90B (+93.0%)
25.96B
est: 14.22B (+82.6%)
15.32B
15.17B – 15.43B
+7.8% YoY
15.98B
15.60B – 16.17B
+4.3% YoY
19.96B
19.62B – 20.16B
+25.0% YoY
79.11B
77.76B – 79.88B
+296.3% YoY
EPS
2.45
est: 1.16 (+112.0%)
0.78
est: 1.63 (-52.1%)
-0.06
est: 0.35 (-117.2%)
0.76
est: 1.55 (-50.9%)
1.71
est: 1.89 (-9.7%)
1.61
est: 2.12 (-24.2%)
3.20
est: 2.40 (+33.5%)
2.77
est: 2.92 (-5.1%)
2.45
est: 2.84 (-13.7%)
1.75
est: 2.75 (-36.4%)
2.57
est: 3.02 (-14.8%)
3.31
est: 3.40 (-2.6%)
3.40
est: 3.80 (-10.6%)
3.46
est: 3.88 (-10.9%)
4.15
est: 4.48 (-7.4%)
4.22
est: 4.59 (-8.0%)
4.68
est: 4.86 (-3.7%)
5.51
est: 5.54 (-0.5%)
6.14
est: 6.43 (-4.6%)
6.26
est: 6.85 (-8.6%)
6.43
est: 5.03 (+27.8%)
7.73
est: 7.79 (-0.8%)
9.48
est: 8.23 (+15.2%)
5.61
est: 5.99 (-6.3%)
4.73
est: 7.91 (-40.2%)
11.57
est: 8.20 (+41.1%)
9.65
8.39 – 10.08
+17.6% YoY
10.72
9.18 – 11.34
+11.1% YoY
11.97
11.70 – 12.12
+11.7% YoY
11.00
10.76 – 11.14
-8.1% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-04 Scotiabank Sector Perform Sector Outperform Upgrade
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B+ 3/5 4/5 5/5 3/5 1/5 3/5 2/5
2026-05-27 B+ 3/5 4/5 5/5 3/5 1/5 3/5 2/5
2026-05-26 B+ 3/5 4/5 5/5 3/5 1/5 3/5 2/5
2026-05-25 B+ 3/5 4/5 5/5 3/5 1/5 3/5 2/5
2026-05-22 B+ 3/5 4/5 5/5 3/5 1/5 3/5 2/5
2026-05-21 B+ 3/5 4/5 5/5 3/5 1/5 3/5 2/5
2026-05-20 B+ 3/5 4/5 5/5 3/5 1/5 3/5 2/5
2026-05-19 B+ 3/5 4/5 5/5 3/5 1/5 3/5 2/5
2026-05-15 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-14 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-13 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-12 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-11 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-08 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-07 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-06 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-05 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-04 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-05-01 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-04-30 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-04-29 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-04-28 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-04-27 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-04-24 B+ 3/5 4/5 5/5 4/5 1/5 3/5 2/5
2026-04-23 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-04-22 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-04-21 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-04-20 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-04-17 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-16 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-15 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
12.22B
OE per share TTM
7.65
Owner's Yield
4.66%
Maintenance CapEx ratio
18.53%
Maint CapEx / Avg PPE
11.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
235.4K
Shares Outstanding
1.65B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Leovigildo Salom Group Head of U.S. Banking 5M male
Raymond Chun Group President, Chief Executive Officer & Director 4M male
Tim Guest Wiggan Group Head of Wholesale Banking 4M male
Ajai K. Bambawale Group Head & Chief Risk Officer 3M male
Kelvin Vi Luan Tran Group Head & Chief Financial Officer 2M male
Erin Morrow Chief Compliance Officer female
Simon A. Fish Senior EVP & Chief Legal Officer male
Taylan Turan Group Head & COO male
Brooke Hales Head of Investor Relations female
Vladimir Shpilsky Senior Executive Vice President of Global Technology & Solutions male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits