Toronto Dominion Bank


Market Cap$106.52B

Compare Toronto Dominion Bank

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Toronto Dominion BankToronto Dominion Bank14.46.38%9%1.51.6
marketMarket Avg49.61.28%30%6.11.1
FinanceFinance Avg11.51.93%13%2.81.5

Earnings Call Q4 2023

November 30, 2023 - AI Summary

TD Bank Group reported Q4 earnings of CAD3.5 billion and EPS of CAD1.83, with revenue growing 8% year-over-year.
The bank's expenses increased due to variable compensation and the inclusion of TD Cowen, leading to a restructuring program aimed at driving efficiency and cost savings.
Despite challenges in the Wholesale Banking segment, fundamentals remained strong across retail businesses, including Canadian Personal and Commercial Banking and U.S. Retail Bank.
PCLs were higher as credit continued to normalize, but the bank remains well-positioned with adequate provisions and a strong capital position.
The bank declared a CAD0.06 dividend increase, bringing the dividend to CAD1.02 per share, demonstrating confidence in its earnings power and ability to return capital to shareholders.
TD Bank is focused on pursuing meaningful revenue opportunities, including growth strategies in Canadian retail businesses and the acquisition of TD Cowen to enhance its investment banking capabilities.

Current Fair Value

153.6% upside

Undervalued by 153.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$106.52 Billion
Enterprise Value$237.65 Billion
Dividend Yield$3.8321 (6.38%)
Earnings per Share$4.05
Outstanding Shares1,774,766,030
Avg 30 Day Volume3,048,097


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio14.43
Price to Sales1.46
Price to Book Ratio1.33
Enterprise Value to Revenue3.25
Enterprise Value to EBIT22.98
Enterprise Value to Net Income32
Total Debt to Enterprise0.55
Debt to Equity1.62

Revenue Sources

No data

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 ...