Toronto Dominion Bank Stock Price and Investment Opportunities

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TD Bank's stock price has historically been a steady performer, with a compound annual growth rate of 6% over the past 10 years.

TD Bank's strong financials and diverse revenue streams make it an attractive investment opportunity for long-term investors.

The bank's dividend yield is around 4%, providing a relatively stable income stream for investors.

TD Bank's commitment to innovation and digital transformation has helped it stay ahead of the competition and increase its market share.

A different take: D C B Bank Share Price

Bank Information

The Toronto Dominion Bank, also known as TD Bank, is a Canadian multinational bank.

TD Bank is one of the largest banks in North America, with a significant presence in the United States.

It offers a wide range of financial services, including personal and commercial banking, wealth management, and insurance.

About the Bank

The Toronto-Dominion Bank is a global financial institution with operations in Canada, the United States, and internationally.

It operates through four main segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.

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The bank offers a wide range of financial products and services, including personal deposits, financing options, and day-to-day banking services to businesses.

Its Canadian Personal and Commercial Banking segment serves individual and business customers in Canada, providing chequing, savings, and investment products.

The bank also offers financing options to customers at the point of purchase, making it a convenient option for those looking to finance large purchases.

Financial Strength

Financial Strength is a crucial aspect of a bank's overall health. The Cash-To-Debt ratio is 0.39, which is a relatively low number, indicating that the bank is carrying a significant amount of debt.

The Equity-to-Asset ratio is 0.06, which is also quite low, suggesting that the bank's assets are not being adequately supported by its equity.

The Debt-to-Equity ratio is 4, which is a high number, indicating that the bank is heavily leveraged.

Here are some key ratios to consider:

The Piotroski F-Score is 5/9, which is a mediocre score, indicating that the bank's financial health is average. The Beneish M-Score is -2.77, which suggests that the bank is not likely to be involved in earnings manipulation.

Bank Issues Subordinated Debt

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TD Bank Group has issued subordinated debt, specifically NVCC subordinated debentures.

This type of debt is designed to be subordinate to other claims on the bank's assets.

The Toronto-Dominion Bank announced its intention to issue these debentures on January 27, 2025.

The announcement was made through a press release on the Canadian news wire CNW.

The release stated that the debentures would be issued domestically.

TD Bank Group has also issued EUR NVCC subordinated debentures.

A lawsuit is pending for certain investors in The Toronto-Dominion Bank shares related to these EUR NVCC subordinated debentures.

The lawsuit was announced by The Shareholders Foundation, Inc. on January 7, 2025, through a press release on PRNewswire.

Bank: Invest

The Toronto-Dominion Bank is in the process of strategic restructuring due to challenges like U.S. AML settlements and suspended medium-term financial targets.

TD Bank is addressing a multi-billion money laundering penalty and implementing a monitoring plan to ensure compliance.

In 2024, The Toronto-Dominion Bank's revenue was 53.24 billion, an increase of 7.78% compared to the previous year's 49.40 billion.

The bank's financial performance took a hit in 2024, with earnings decreasing by -17.43% to 8.32 billion.

Bank CEO to Resign

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Bank CEOs are often at the helm for a long time, but sometimes they need to step down. TD Bank's CEO, Bharat Masrani, is leaving earlier than planned.

TD Bank's new CEO, Raymond Chun, will take over the top job. He's actually taking over sooner than expected, two months earlier than initially planned.

TD Bank's leadership change comes after the bank faced challenges like U.S. AML settlements and restructuring efforts. The bank has also suspended its medium-term financial targets.

The bank's executives are feeling the heat, with over 40 of them having their pay cut. This is a significant move to show accountability and transparency.

Stock Price and History

The Toronto Dominion Bank stock price has seen its fair share of ups and downs over the years. The all-time high stock closing price was 74.44 on February 16, 2022.

The 52-week high stock price is 64.91, which is 12.8% above the current share price. This indicates a significant increase in value over the past year. The 52-week low stock price is 51.25, which is 10.9% below the current share price.

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The average stock price for the last 52 weeks is 57.58, giving you a rough idea of the bank's overall performance during this period. The Toronto Dominion Bank has seen a 41.27% increase in stock price from 2021 to 2022, which is a notable improvement.

Here's a brief overview of the bank's annual stock price performance:

This table highlights the significant increase in stock price from 2021 to 2022, as well as the bank's steady performance in 2020.

Financial Performance

The Toronto-Dominion Bank's revenue has seen a significant increase, reaching 53.24 billion in 2024, a 7.78% jump from the previous year's 49.40 billion.

This growth in revenue is a promising sign for investors. The bank's earnings, however, took a hit, decreasing by 17.43% to 8.32 billion.

Here are the key financial performance metrics for The Toronto-Dominion Bank:

The bank's 3-year revenue growth rate stands at 11.2%, indicating steady growth over the past few years.

Stock Price History

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The Toronto Dominion Bank stock price has seen its fair share of ups and downs over the years. The all-time high stock closing price was a significant $74.44 on February 16, 2022.

The 52-week high stock price is $64.91, which is 12.8% above the current share price. This indicates that the stock price has been fluctuating within a certain range over the past year.

The average stock price for the last 52 weeks is $57.58. This gives you an idea of the overall performance of the stock in the recent past.

The 52-week low stock price is $51.25, which is 10.9% below the current share price. This shows that the stock price has also seen some downward trends in the past year.

Here's a breakdown of the Toronto Dominion Bank stock price history over the past 29 years:

This table gives you a clear picture of the Toronto Dominion Bank stock price history over the past 29 years.

GF Value Rank

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The GF Value Rank is a crucial metric to consider when evaluating a stock's current price in relation to its history. It's calculated by comparing the stock's current price to its intrinsic value.

The GF Value Rank is a percentile ranking that indicates how undervalued or overvalued a stock is compared to its peers. A lower GF Value Rank indicates that a stock is undervalued compared to its peers.

The current GF Value Rank for this stock is not explicitly stated in the article section, but we can look at the price-to-GF-Value ratio, which is 0.83. This ratio suggests that the stock is undervalued compared to its intrinsic value.

Here's a breakdown of the GF Value Rank calculation:

Based on the price-to-GF-Value ratio, it appears that the stock falls into the undervalued category, with a GF Value Rank of around 11-20. However, it's essential to consider other metrics and factors before making any investment decisions.

Here's an interesting read: What Are Value Stocks vs Growth Stocks

Piotroski F-Score Details

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The Piotroski F-Score is a valuable tool for investors looking to identify undervalued stocks. It's a score out of 9 that assesses a company's financial health.

The F-Score is made up of nine components, each looking at a different aspect of a company's financials. Let's take a closer look at what each component entails.

A positive ROA (Return on Assets) is a key component of the F-Score. This means the company is generating profits from its assets.

A company with a positive CFROA (Cash Flow Return on Assets) is also a good sign. This indicates that the company is generating cash from its assets.

A higher ROA year-over-year is also a positive indicator. This shows that the company's profitability is increasing over time.

The F-Score also looks at the relationship between CFROA and ROA. If CFROA is greater than ROA, it's a positive sign.

Lower leverage year-over-year is another component of the F-Score. This means the company is reducing its debt.

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A higher current ratio year-over-year is also a good sign. This indicates that the company is managing its short-term liquidity well.

The F-Score also looks at the number of shares outstanding. If the number of shares has decreased year-over-year, it's a positive sign.

Finally, a higher gross margin year-over-year and a higher asset turnover year-over-year are also components of the F-Score. Both of these indicate that the company is becoming more efficient and profitable over time.

Here are the 9 components of the Piotroski F-Score:

Frequently Asked Questions

What is the future price of TD Bank stock?

According to 13 analysts' forecasts, the average future price of TD Bank stock is expected to be around C$86.50, representing a 13.19% potential increase from the current price.

What is the symbol for Toronto Dominion Bank?

The symbol for Toronto Dominion Bank is "TD". It trades on the Toronto and New York stock exchanges.

Is TD Bank publicly traded?

Yes, TD Bank is publicly traded, listed on the Toronto Stock Exchange and New York Stock Exchange under the symbol "TD". Investors can buy and sell TD Bank shares on these exchanges.

Who is TD in the stock market?

TD, short for Toronto-Dominion Bank, is a multinational banking and financial services company listed on the Toronto Stock Exchange and New York Stock Exchange. As one of Canada's largest banks, TD offers a wide range of financial products and services to individuals, businesses, and institutions worldwide.

What is TD Bank trading name?

TD Bank is the trading name of The Toronto-Dominion Bank. It's a chartered bank listed on the Toronto and New York stock exchanges.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

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