What Are the Fundamentals of Toronto Dominion Bank (TD)?

By Naomi Wentworth • Wednesday, August 27 10:06 • Permanent Link

Join us for a quick overview of Toronto Dominion Bank, a Commercial Banking company whose shares moved 0.5% today. Here are some facts about the stock that should help you see the bigger picture:

Toronto Dominion Bank has moved 26.6% over the last year, and the S&P 500 logged a change of 15.6%
TD has an average analyst rating of buy and is 0.74% away from its mean target price of $75.02 per share
Its trailing earnings per share (EPS) is $6.97
Toronto Dominion Bank has a trailing 12 month Price to Earnings (P/E) ratio of 10.8 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $5.79 and its forward P/E ratio is 13.1
The company has a Price to Book (P/B) ratio of 1.06 in contrast to the S&P 500's average ratio of 4.74
Toronto Dominion Bank is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78
TD has reported YOY quarterly earnings growth of 365.6% and gross profit margins of 0.0%
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.

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