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TD

The Toronto-Dominion Bank

TD

NYSE·Financial Services·Banks - Diversified·Mkt cap $205.5B

$121.63

-1.36%

P/E

15.41

Mkt Cap

$205.5B

52-Wk Range

$74.11–$125.47

52-Week Range

$74.11 - $125.47

P/E

15.41

Fwd P/E

16.48

Beta

0.87

Div Yield

2.57%

Avg Vol

2.3M

Shares Out

1.7B

Mkt Cap

$205.5B

Price action

Price chart

Up 63.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Dual North American market presence with scale in Canada and growing U.S. footprint
  • Extensive branch and ATM network (4,209 branches and ATMs combined) providing physical accessibility
  • Diversified revenue streams across retail banking, wealth management, insurance, and capital markets reducing cyclical risk
  • Strong brand recognition and customer loyalty built over 170 years of operations
  • Digital and mobile banking capabilities enabling omnichannel customer experience

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to sector peers

Growth

Revenue decline expected

U.S. retail banking expansion and market share gains in a larger addressable market

Value

Premium valuation to sector peers

Momentum

Strong

+7.5% over 3m

Quality

Strong

Solid business

Dividend

Solid

2.57% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Dec 3, 2026

Q3 26 RECAP

AUG 27, 2026

Reported EPS of $1.98 vs $1.74 consensus (+13.8% surprise). Revenue of $12.1B vs $10.7B expected (+12.7%). Beat on both top and bottom lines.

EPS beat +13.8%
Rev beat +12.7%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+13.8%

Revenue trend · last 8Q

-3%

-5%

-6%

-6%

-5%

-0%

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

Q3 26

$30.6B

$29.9B

$28.5B

$28.7B

$28.8B

$28.1B

$19.6B

$20.6B

Margins · last 8Q

Gross

Operating

Profit

16.2%

Wall Street consensus

4 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

50%

Hold

1

25%

Sell

1

25%

Median Price Target

Latest: RBC Capital · Aug 28, 2026

vs Industry

How TD stacks vs Banks - Diversified

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.