TD Bank

Toronto Dominion Bank is a leading Canadian bank providing banking products and services in Canada and the US. It is the fifth largest bank in North America by total assets.

The bank was formed as a result of amalgamation of The Bank of Toronto and The Dominion Bank in 1955. Retail earnings accounts for more than 90% of TD Bank’s total earnings.

The bank operates through three business segments: Canadian retail banking (53% of latest income), U.S. retail banking (47%) and wholesale banking. TD Bank offers a wide range of retail, small business and commercial banking products and services to more than 25 million customers worldwide and almost 13 million digital customers.

Toronto Dominion bank operates through more than 1,250 locations along the Northeast, Mid-Atlantic, Metro DC, the Carolinas and Florida. It enjoys #1 or #2 market share positions for most of its retail products in Canada. The bank operates in four of the top ten metropolitan areas and seven of the ten wealthiest states in the U.S.

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Key Investment Data

  • Ticker: TSE:td
  • Sector: Financial Services
  • Industry: Banks - Diversified
  • Market Cap: 150.32B
  • P/E: 9.74
  • Dividend Yield: 3.83%
  • Payout Ratio (TTM): 37.20%

Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry.

The below is a sample data set but if you want more data, you can leverage Dividend Snapshot or Stock Rover.

TickerTickerCompanyMarket CapP/EAristocratGraphSectorIDIndustryID
JPMNYSE:JPMJP Morgan Chase471.1710.46NO1721
BACNYSE:BACBank of America340.8014.67NO1721
WFCNYSE:WFCWells Fargo190.8213.32NO1721
RYTSE:RYRoyal Bank181.9312.03YES1721
TDTSE:TDTD Bank150.329.74YES1721
CNYSE:CCitigroup Inc.141.797.08NO1721
BNSTSE:BNSScotia Bank95.0110.92YES1721
BMOTSE:BMOBank of Montreal82.7111.93YES1721
CMTSE:CMCIBC64.9911.17YES1721
NATSE:NANational Bank33.0812.06YES1721

Top Picks By Bay St Experts

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DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.