TD Chart
About

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking; U.S. Retail; Wealth Management and Insurance; and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Banks - Diversified Market Cap 160.29B
Enterprise Value 37.36B Income 21.21B Sales 65.98B
Book/sh 53.92 Cash/sh 391.48 Dividend Yield 3.29%
Payout 34.25% Employees 104841 IPO
P/E 10.56 Forward P/E 12.57 PEG
P/S 2.43 P/B 1.78 P/C
EV/EBITDA EV/Sales 0.57 Quick Ratio
Current Ratio Debt/Eq LT Debt/Eq
EPS (ttm) 9.08 EPS next Y 7.63 EPS Growth 51.30%
Revenue Growth 21.10% Earnings 2026-05-28 ROA 1.04%
ROE 17.82% ROIC Gross Margin 0.00%
Oper. Margin 35.89% Profit Margin 33.02% Shs Outstand 1.67B
Shs Float 1.63B Short Float Short Ratio 1.27
Short Interest 52W High 99.84 52W Low 54.87
Beta 0.85 Avg Volume 2.31M Volume 1.79M
Target Price $99.57 Recom Buy Prev Close $95.32
Price $95.91 Change 0.62%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$99.57
Mean price target
2. Current target
$95.91
Latest analyst target
3. DCF / Fair value
$136.20
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$95.91
Low
$84.69
High
$110.54
Mean
$99.57

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-10-03 up RBC Capital Sector Perform → Outperform $120
2025-05-23 main RBC Capital Sector Perform → Sector Perform $93
2025-02-28 main RBC Capital Sector Perform → Sector Perform $87
2024-12-18 up BMO Capital Market Perform → Outperform $90
2024-12-06 main RBC Capital Sector Perform → Sector Perform $77
2024-05-24 main BMO Capital Market Perform → Market Perform $84
2023-12-18 down B of A Securities Buy → Neutral
2023-08-25 main Credit Suisse Outperform → Outperform $92
2023-08-25 main RBC Capital Outperform → Outperform $94
2023-08-25 main Barclays Equal-Weight → Equal-Weight $82
2023-08-21 main Barclays Equal-Weight → Equal-Weight $84
2023-05-26 main BMO Capital Market Perform → Market Perform $83
2023-05-26 main Credit Suisse — → Neutral $85
2021-12-03 main BMO Capital — → Market Perform $105
2021-11-22 up B of A Securities Underperform → Buy $110
2020-05-13 main B of A Securities — → Neutral $61
2020-03-03 reit CFRA — → Buy $58
2020-02-04 up B of A Securities Neutral → Buy $82
2019-08-15 down B of A Securities Buy → Neutral $77
2018-01-30 main B of A Securities Buy → Buy $87
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 151 Martell (Keith) Director of Issuer 2026-02-27 00:00:00 I nan
1 151 Martell (Keith) Director of Issuer 2026-02-27 00:00:00 D nan
2 400000 Redemption, retraction, cancelation, repurchase at price 96.28 per share. The Toronto-Dominion Bank Issuer 2026-02-27 00:00:00 D 38510400.0
3 400000 Redemption, retraction, cancelation, repurchase at price 96.28 per share. The Toronto-Dominion Bank Issuer 2026-02-27 00:00:00 D 38510400.0
4 351400 Redemption, retraction, cancelation, repurchase at price 96.02 per share. The Toronto-Dominion Bank Issuer 2026-02-26 00:00:00 D 33742482.0
5 351400 Redemption, retraction, cancelation, repurchase at price 96.02 per share. The Toronto-Dominion Bank Issuer 2026-02-26 00:00:00 D 33742482.0
6 250000 Redemption, retraction, cancelation, repurchase at price 96.05 per share. The Toronto-Dominion Bank Issuer 2026-02-25 00:00:00 D 24012750.0
7 250000 Redemption, retraction, cancelation, repurchase at price 96.05 per share. The Toronto-Dominion Bank Issuer 2026-02-25 00:00:00 D 24012750.0
8 253100 Redemption, retraction, cancelation, repurchase at price 95.88 per share. The Toronto-Dominion Bank Issuer 2026-02-24 00:00:00 D 24266215.0
9 253100 Redemption, retraction, cancelation, repurchase at price 95.88 per share. The Toronto-Dominion Bank Issuer 2026-02-24 00:00:00 D 24266215.0
Financials
Line Item2025-10-312024-10-312023-10-312022-10-31
TaxEffectOfUnusualItems732.96M-1.39B-1.10B513.63M
TaxRateForCalcs0.140.250.240.20
TotalUnusualItems5.09B-5.60B-4.54B2.63B
TotalUnusualItemsExcludingGoodwill5.09B-5.60B-4.54B2.63B
NetIncomeFromContinuingOperationNetMinorityInterest20.54B8.84B10.63B17.43B
ReconciledDepreciation2.17B2.03B1.91B1.77B
NetInterestIncome33.06B30.47B29.94B27.35B
InterestExpense54.56B62.92B50.73B13.68B
InterestIncome87.62B93.39B80.67B41.03B
NormalizedIncome16.18B13.05B14.07B15.31B
NetIncomeFromContinuingAndDiscontinuedOperation20.54B8.84B10.63B17.43B
DilutedAverageShares1.73B1.76B1.82B1.81B
BasicAverageShares1.73B1.76B1.82B1.81B
DilutedEPS11.564.725.529.47
BasicEPS11.574.735.539.48
DilutedNIAvailtoComStockholders19.97B8.32B10.07B17.17B
NetIncomeCommonStockholders19.97B8.32B10.07B17.17B
PreferredStockDividends565.00M526.00M563.00M259.00M
NetIncome20.54B8.84B10.63B17.43B
MinorityInterests0.000.00
NetIncomeIncludingNoncontrollingInterests20.54B8.84B10.63B17.43B
NetIncomeContinuousOperations20.54B8.84B10.63B17.43B
EarningsFromEquityInterestNetOfTax305.00M703.00M864.00M991.00M
TaxProvision3.41B2.69B3.12B3.99B
PretaxIncome23.64B10.83B12.89B20.42B
SpecialIncomeCharges5.09B-5.60B-4.54B2.63B
GainOnSaleOfBusiness8.97B1.02B0.00997.00M
OtherSpecialCharges4.95B1.64B-224.00M
ImpairmentOfCapitalAssets29.00M19.00M11.00M3.00M
RestructuringAndMergernAcquisition3.86B1.66B2.88B-1.42B
GainOnSaleOfSecurity-1.00M0.000.000.00
DepreciationAmortizationDepletionIncomeStatement780.00M702.00M672.00M599.00M
DepreciationAndAmortizationInIncomeStatement780.00M702.00M672.00M599.00M
Amortization780.00M702.00M672.00M599.00M
AmortizationOfIntangiblesIncomeStatement780.00M702.00M672.00M599.00M
SellingGeneralAndAdministration25.96B24.90B22.22B17.65B
SellingAndMarketingExpense1.64B1.52B1.45B1.35B
GeneralAndAdministrativeExpense24.32B23.38B20.77B16.29B
OtherGandA1.20B
InsuranceAndClaims6.09B6.65B5.01B2.90B
SalariesAndWages18.23B16.73B15.75B13.39B
TotalRevenue61.28B56.26B51.52B45.76B
OperatingRevenue61.28B56.26B51.52B45.76B
OccupancyAndEquipment4.83B4.61B4.11B3.56B
ProfessionalExpenseAndContractServicesExpense4.29B3.06B2.49B2.19B
OtherNonInterestExpense2.36B2.29B1.68B2.90B
Line Item2024-10-312023-10-312022-10-312021-10-31
TreasurySharesNumber200.00K700.00K1.00M1.96M
PreferredSharesNumber48.00M90.00M142.00M158.00M
OrdinarySharesNumber1.69B1.75B1.79B1.82B
ShareIssued1.69B1.75B1.79B1.82B
NetDebt320.15B277.63B291.69B222.87B
TotalDebt442.43B460.66B401.81B374.04B
TangibleBookValue93.81B82.38B79.84B80.17B
InvestedCapital553.28B559.92B497.98B468.85B
NetTangibleAssets105.44B93.27B90.70B91.42B
CapitalLeaseObligations5.35B5.01B5.05B5.31B
CommonStockEquity116.20B104.27B101.22B100.13B
PreferredStockEquity11.62B10.89B10.85B11.25B
TotalCapitalization353.16B319.49B290.93B264.12B
TotalEquityGrossMinorityInterest127.83B115.16B112.07B111.38B
StockholdersEquity127.83B115.16B112.07B111.38B
GainsLossesNotAffectingRetainedEarnings12.87B7.90B2.75B1.99B
TreasuryStock4.00M35.00M129.00M98.00M
RetainedEarnings78.32B70.83B73.01B73.70B
AdditionalPaidInCapital285.00M204.00M155.00M179.00M
CapitalStock36.35B36.26B36.29B35.62B
CommonStock24.73B25.37B25.43B24.36B
PreferredStock11.62B10.89B10.85B11.25B
TotalLiabilitiesNetMinorityInterest1.97T1.95T1.84T1.81T
DerivativeProductLiabilities79.36B68.37B71.64B91.13B
EmployeeBenefits1.37B1.38B1.24B1.29B
NonCurrentDeferredLiabilities303.00M300.00M204.00M236.00M
NonCurrentDeferredTaxesLiabilities303.00M300.00M204.00M236.00M
LongTermDebtAndCapitalLeaseObligation230.69B209.35B183.91B158.06B
LongTermCapitalLeaseObligation5.35B5.01B5.05B5.31B
LongTermDebt225.33B204.33B178.86B152.74B
LongTermProvisions1.74B3.67B3.42B1.32B
CurrentDebtAndCapitalLeaseObligation211.74B251.32B217.90B215.98B
CurrentDebt211.74B251.32B217.90B215.98B
OtherCurrentBorrowings42.61B69.02B41.62B30.27B
CommercialPaper144.27B161.51B153.99B161.48B
CurrentNotesPayable24.86B20.79B22.28B24.23B
PayablesAndAccruedExpenses48.65B45.32B48.76B36.36B
CurrentAccruedExpenses7.31B5.39B4.99B4.10B
Payables41.34B39.93B43.77B32.26B
TotalTaxPayable296.00M67.00M162.00M151.00M
IncomeTaxPayable296.00M67.00M162.00M151.00M
AccountsPayable41.04B39.86B43.61B32.10B
TotalAssets2.09T2.06T1.96T1.92T
DefinedPensionBenefit1.11B1.04B1.25B1.41B
InvestmentsAndAdvances576.19B540.87B531.28B433.26B
AvailableForSaleSecurities361.32B345.02B376.10B414.04B
TradingSecurities170.50B129.50B134.83B110.22B
LongTermEquityInvestment5.24B13.88B8.91B8.09B
GoodwillAndOtherIntangibleAssets22.39B21.89B21.37B19.96B
OtherIntangibleAssets3.41B3.04B2.77B2.30B
Goodwill18.98B18.85B18.60B17.66B
NetPPE10.13B9.84B9.43B9.40B
AccumulatedDepreciation-3.75B-3.88B-3.99B-3.83B
GrossPPE13.88B13.72B13.42B13.23B
Leases3.78B3.79B3.68B3.46B
MachineryFurnitureEquipment2.42B2.46B2.46B2.28B
BuildingsAndImprovements6.23B5.91B5.66B5.77B
LandAndImprovements1.45B1.56B1.63B1.73B
PrepaidAssets1.81B1.79B1.46B1.32B
Receivables46.23B39.76B54.63B40.33B
OtherReceivables31.19B26.18B35.23B25.79B
AccountsReceivable15.04B13.59B19.40B14.53B
OtherShortTermInvestments39.13B52.47B11.44B11.13B
CashAndCashEquivalents116.93B178.02B105.07B145.85B
CashFinancial7.51B6.44B6.72B8.56B
CashCashEquivalentsAndFederalFundsSold364.01B386.24B309.40B306.02B
Line Item2025-10-312024-10-312023-10-312022-10-31
FreeCashFlow-71.79B52.76B-67.15B37.49B
RepurchaseOfCapitalStock-21.89B-17.13B-13.23B-14.30B
RepaymentOfDebt-4.86B-2.22B-2.36B-663.00M
IssuanceOfDebt2.28B3.32B0.006.00M
IssuanceOfCapitalStock16.62B13.38B8.57B16.80B
CapitalExpenditure-2.15B-2.18B-1.84B-1.45B
InterestPaidSupplementalData55.47B61.78B48.18B12.52B
IncomeTaxPaidSupplementalData4.33B3.81B3.04B4.40B
EndCashPosition7.51B6.44B6.72B8.56B
BeginningCashPosition6.44B6.72B8.56B5.93B
EffectOfExchangeRateChanges34.00M14.00M88.00M390.00M
ChangesInCash1.04B-298.00M-1.92B2.23B
FinancingCashFlow-15.50B-9.81B-12.85B-4.82B
CashFlowFromContinuingFinancingActivities-15.50B-9.81B-12.85B-4.82B
CashDividendsPaid-7.66B-7.16B-5.83B-6.67B
NetPreferredStockIssuance730.00M28.00M-400.00M4.53B
PreferredStockPayments-1.05B-1.30B-400.00M-1.00B
PreferredStockIssuance1.78B1.33B0.005.53B
NetCommonStockIssuance-5.99B-3.78B-4.26B-2.03B
CommonStockPayments-20.84B-15.83B-12.83B-13.30B
CommonStockIssuance14.84B12.05B8.57B11.28B
NetIssuancePaymentsOfDebt-2.58B1.10B-2.36B-657.00M
NetLongTermDebtIssuance-2.58B1.10B-2.36B-657.00M
LongTermDebtPayments-4.86B-2.22B-2.36B-663.00M
LongTermDebtIssuance2.28B3.32B0.006.00M
InvestingCashFlow86.19B-45.42B76.23B-31.89B
CashFlowFromContinuingInvestingActivities86.19B-45.42B76.23B-31.89B
NetInvestmentPurchaseAndSale5.96B24.48B37.25B-63.38B
SaleOfInvestment136.58B78.33B88.57B117.32B
PurchaseOfInvestment-130.62B-53.85B-51.32B-180.69B
NetBusinessPurchaseAndSale20.78B3.42B-624.00M2.48B
SaleOfBusiness20.78B3.42B
NetPPEPurchaseAndSale-2.15B-2.18B-1.84B-1.45B
PurchaseOfPPE-2.15B-2.18B-1.84B-1.45B
OperatingCashFlow-69.65B54.94B-65.30B38.95B
CashFlowFromContinuingOperatingActivities-69.65B54.94B-65.30B38.95B
ChangeInWorkingCapital-88.58B42.24B-78.66B20.23B
ChangeInOtherWorkingCapital-24.02B87.12B33.00M135.87B
DeferredTax-764.00M-1.06B-1.31B502.00M
DeferredIncomeTax-764.00M-1.06B-1.31B502.00M
DepreciationAmortizationDepletion2.17B2.03B1.91B1.77B
DepreciationAndAmortization2.17B2.03B1.91B1.77B
AmortizationCashFlow780.00M702.00M672.00M599.00M
AmortizationOfIntangibles780.00M702.00M672.00M599.00M
Depreciation1.39B1.32B1.24B1.17B
OperatingGainsLosses-7.51B-1.37B-816.00M-2.05B
EarningsLossesFromEquityInvestments-305.00M-703.00M-864.00M-991.00M
GainLossOnInvestmentSecurities1.95B358.00M48.00M-60.00M
GainLossOnSaleOfBusiness-9.16B-1.02B0.00-997.00M
NetIncomeFromContinuingOperations20.54B8.84B10.63B17.43B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for TD
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status