Toronto-Dominion Bank (TD) Stock Analysis
This is a peer-relative look at Toronto-Dominion Bank (TD): its performance, risk, profitability, financial strength, dividend, and valuation are each measured against its Banks peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | TD |
|---|---|
| Name | The Toronto-Dominion Bank |
| Country/Region | Canada |
| GICS Sector | Financials |
| GICS Industry Group | Banks |
| GICS Industry | Banks |
| GICS Sub-Industry | Diversified Banks |
| Market Capitalization | 197.07 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | August 30, 1996 |
| Security Type | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | Current stock: TD | Industry group median |
|---|---|---|
| Total Return (1Y) | 70.40% | 34.88% |
Risk
Drawdown
Risk at a Glance
| Metric | Current stock: TD | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 16.70% | 26.66% |
| Beta (5Y) | 0.72 | 0.72 |
Profitability
ROE (TTM)
Toronto-Dominion Bank (TD) posts ROE of 11.91%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
TD
Banks industry group
11.91%
Group distribution
- Max
- 19.15%
- Q3
- 13.07%
- TD
- 11.91%
- Median
- 10.82%
- Q1
- 8.57%
- Min
- 3.15%
Largest peers
- JPM
- 16.47%
- RY
- 16.20%
- WFC
- 12.03%
- TD
- 11.91%
- HSBC
- 11.61%
- BAC
- 10.64%
- C
- 7.65%
Net Margin (TTM)
Toronto-Dominion Bank (TD) keeps 25.19% of revenue as net profit, in the lower peer quartile for net margin. More of each sales dollar is being absorbed by costs, financing, taxes, or other charges than at most peers.
TD
Banks industry group
25.19%
Group distribution
- Max
- 47.55%
- Q3
- 34.61%
- Median
- 30.31%
- Q1
- 25.62%
- TD
- 25.19%
- Min
- 12.76%
Largest peers
- HSBC
- 34.98%
- JPM
- 33.94%
- RY
- 33.69%
- BAC
- 28.96%
- WFC
- 26.74%
- TD
- 25.19%
- C
- 20.36%
Operating Margin (TTM)
operating margin is set aside for Toronto-Dominion Bank (TD) in Banks: the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.
Profitability at a Glance
| Metric | Current stock: TD | Industry group median |
|---|---|---|
| ROE (TTM) | 11.91% | 10.82% |
| ROA (TTM) | 0.72% | 1.16% |
| Net Margin (TTM) | 25.19% | 30.31% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Financial Strength
Current Ratio (MRQ)
current ratio is set aside for Toronto-Dominion Bank (TD) in Banks: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for Toronto-Dominion Bank (TD) in Banks: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.
Financial Strength at a Glance
| Metric | Current stock: TD | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Toronto-Dominion Bank (TD) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
TD
Banks industry group
0.00%
Group distribution
- Max
- 6.87%
- Q3
- 2.97%
- Median
- 1.82%
- TD
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- HSBC
- 3.97%
- RY
- 2.53%
- WFC
- 2.12%
- BAC
- 1.97%
- C
- 1.68%
- TD
- 0.00%
- JPM
- 0.00%
Dividend Payout Ratio (TTM)
No usable payout ratio is available for Toronto-Dominion Bank (TD) this period, so dividend coverage against earnings cannot be assessed here.
TD
Banks industry group
--
Group distribution
- Max
- 67.80%
- Q3
- 42.56%
- Median
- 28.63%
- Q1
- 20.42%
- Min
- 0.00%
- TD
- --
Largest peers
- HSBC
- 61.98%
- RY
- 41.35%
- C
- 29.17%
- BAC
- 27.30%
- WFC
- 27.05%
- TD
- --
- JPM
- --
Dividends at a Glance
| Metric | Current stock: TD | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.82% |
| Dividend Payout Ratio (TTM) | -- | 28.63% |
Valuation
P/E Ratio (TTM)
Toronto-Dominion Bank (TD) trades at P/E ratio of 19.56, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.
TD
Banks industry group
19.56
Group distribution
- Max
- 20.85
- TD
- 19.56
- Q3
- 15.27
- Median
- 12.70
- Q1
- 11.13
- Min
- 6.36
Largest peers
- TD
- 19.56
- RY
- 18.29
- C
- 17.68
- HSBC
- 15.70
- JPM
- 15.57
- BAC
- 13.95
- WFC
- 12.70
P/S Ratio (TTM)
P/S ratio is not assessed for Toronto-Dominion Bank (TD) in Banks: the revenue line is driven by spread economics rather than conventional product or service sales, so book value or earnings usually carry more weight.
P/B Ratio (MRQ)
Toronto-Dominion Bank (TD) trades at 2.24 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.
TD
Banks industry group
2.24
Group distribution
- TD
- 2.24
- Max
- 2.23
- Q3
- 1.56
- Median
- 1.27
- Q1
- 1.10
- Min
- 0.62
Largest peers
- HSBC
- 7.47
- RY
- 3.02
- JPM
- 2.53
- TD
- 2.24
- WFC
- 1.55
- BAC
- 1.45
- C
- 1.27
Valuation at a Glance
| Metric | Current stock: TD | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 19.56 | 12.70 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 2.24 | 1.27 |
| Free Cash Flow Yield (TTM) | -- | -- |