Bharat Masrani Net Worth and His Rise in Banking Career

Bharat Masrani's net worth is estimated to be around $100 million, a testament to his successful career in banking. He has been in the industry for over three decades.

Masrani's journey in banking began in 1984 when he joined Scotiabank. He has since held various leadership roles within the company.

Bharat Masrani's impressive career at TD Bank spans over three decades, during which he held numerous senior executive roles. He started as a Commercial Lending Trainee in 1987 and worked in four different countries.

Some of his notable roles include Head of Corporate Banking in Canada, setting up TD's first office in India, and leading TD's discount brokerage business in the UK. He also served as President of TD Banknorth, CEO of TD Bank, N.A., and Group Head, US Personal and Commercial Banking.

Here are some of the key executive roles held by Bharat Masrani at TD Bank:

His leadership ultimately led to him becoming the highest-paid Big 5 bank CEO in 2018, with a total compensation of $15.3 million.

Bharat Masrani started his banking career in 1987 as a Commercial Lending Trainee at TD.

Over the course of three decades, he held many senior executive roles across the bank, working in four different countries. He was appointed Head of Corporate Banking in Canada in 1993.

Masrani relocated to Mumbai, India in 1995 to set up TD's first office in that country. He then moved to London, England in 1999 to lead TD's discount brokerage business TD Waterhouse in the UK as Senior Vice President.

In 2003, Masrani returned to Toronto as Vice Chair and Chief Risk Officer of TD Bank Group. He later became President of TD Banknorth in 2007, after the bank's acquisition of Banknorth in 2006.

Masrani became Group Head, US Personal and Commercial Banking and CEO of TD Bank, N.A. in 2009, following the bank's acquisition of Commerce Bancorp and integration of TD Banknorth.

Bharat Masrani is the Chief Executive Officer of THE TORONTO-DOMINION BANK, a position he has held since 2014-10-31.

He also serves as a Director/Board Member at CHARLES SCHWAB, a position he took up on 2020-10-01.

Interestingly, Bharat Masrani is also the Chief Executive Officer of The Toronto-Dominion Bank /New York Branch/, a position that doesn't have a specific start date mentioned.

In addition to his roles at THE TORONTO-DOMINION BANK and CHARLES SCHWAB, Bharat Masrani is also a Director/Board Member at The Hospital for Sick Children, a position he has held since 2017-12-31.

He is also a Director/Board Member at Bank Policy Institute, another position he took up on 2017-12-31.

Lastly, Bharat Masrani is a Director/Board Member at The Clearing House, a position he has held since 2013-12-31.

Here is a summary of Bharat Masrani's active positions:

Bharat Masrani had a busy 2021, making 6 total transactions acquiring shares, with April being his most active month.

Bharat Masrani also had a significant year in 2024, disposing of shares with a total of 3 transactions, with April being his most active month again.

In 2023, Bharat Masrani made a notable purchase of 9,990 shares for $0.00, the most he's acquired in one year.

Bharat Masrani's largest trade value was in 2024, when he cashed out on 600 shares for $47,000.78.

Here's a summary of Bharat Masrani's insider trading trends: