Toronto Dominion Bank
TD
Market Cap$106.33B
Close$
Earnings Call Q1 2025
February 27, 2025 - AI Summary
Strong Q1 Earnings Performance: TD Bank Group reported Q1 2025 earnings of $3.6 billion with earnings per share (EPS) of $2.02. This represents growth in Canadian Personal and Commercial Banking and a strong performance in trading and fee income, despite a challenging economic backdrop.
Expense Growth and Remediation Costs: Total expenses increased by 12% year-over-year, attributed to higher variable compensation, governance and control investments, and AML remediation costs, which amounted to $86 million in Q1. The bank expects elevated expenses in Q2 due to ongoing remediation efforts, while maintaining guidance for total expense growth in fiscal 2025 at 5% to 7%.
Credit Quality Concerns and Provisions: The bank's provision for credit losses (PCL) increased to 50 basis points, reflecting policy and trade uncertainties. Both performing and impaired PCLs were impacted by overlays for expected economic instability, suggesting potential risks in credit performance going forward.
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$61.43
0.9% downside
Current Fair Value
0.9% downsideOvervalued by 0.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $106.33 Billion |
|---|---|
| Enterprise Value | $16.15 Billion |
| Dividend Yield | $2.946 (4.929745177423199%) |
| Earnings per Share | $4.73 |
| Beta | 0.84 |
| Outstanding Shares | 1,512,107,850 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 16.68 |
|---|---|
| PEG | 64.27 |
| Price to Sales | 0.91 |
| Price to Book Ratio | 0.79 |
| Enterprise Value to Revenue | 0.16 |
| Enterprise Value to EBIT | -850.06 |
| Enterprise Value to Net Income | 1 |
| Total Debt to Enterprise | 3.27 |
| Debt to Equity | 0.44 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Toronto Dominion Bank
89,031 employees
CEO: Bharat Masrani The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ('TD' or the 'Bank'). TD is the sixth largest bank in North Americaby branches and serves over 26 million customers in three key businesses operating ...