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.
TD Bank Stock Details
- Ticker: tse:td
- Sector: Financial Services
- Industry: Banks - Diversified
- Market Cap: 151.01B
- Market Cap Group: Large Cap
- P/E: 10.78
- Dividend Yield: 4.61%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 5/10
- Dividend Income Fit: 6/10
TD Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| JPM | NYSE:JPM | JP Morgan Chase | 446.20 | 9.17 | 2.74 | NO | 1 | 7 | 21 |
| BAC | NYSE:BAC | Bank of America | 235.56 | 8.33 | 3.23 | NO | 1 | 7 | 21 |
| RY | TSE:RY | Royal Bank | 166.82 | 11.50 | 4.54 | YES | 1 | 7 | 21 |
| WFC | NYSE:WFC | Wells Fargo | 155.87 | 9.25 | 3.26 | NO | 1 | 7 | 21 |
| TD | TSE:TD | TD Bank | 151.01 | 10.78 | 4.61 | YES | 1 | 7 | 21 |
| C | NYSE:C | Citigroup Inc. | 86.56 | 7.18 | 4.69 | NO | 1 | 7 | 21 |
| BMO | TSE:BMO | Bank of Montreal | 79.53 | 10.95 | 5.33 | YES | 1 | 7 | 21 |
| BNS | TSE:BNS | Scotia Bank | 72.48 | 9.48 | 7.05 | YES | 1 | 7 | 21 |
| CM | TSE:CM | CIBC | 49.63 | 11.00 | 6.48 | YES | 1 | 7 | 21 |
| NA | TSE:NA | National Bank | 30.51 | 9.71 | 4.52 | YES | 1 | 7 | 21 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.
TD Bank - FAQ
What is the stock ticker for TD Bank?
The stock ticker for TD Bank is TSE:td.
Is TD Bank a good stock to buy?
You need to consider your investment strategy and how TSE:td can fit in your portfolio.
The current dividend income score of 6/10 and dividend growth score of 5/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is TD Bank a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 61 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for TD Bank?
You can easily buy the TD stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.