TSE:TD

Toronto-Dominion Bank (TD.TO)

175.27
+2.46 (1.42%)
as of Jul 15, 2026, 8:00:00 pm Market Open.
2223 watching
0
Investor Insights
star iconJul 15, 2026, 12:00 am

This summary was created by AI, based on 58 opinions in the last 12 months.

Toronto-Dominion Bank (TD) has experienced substantial growth in recent years, particularly following recovery from previous money-laundering penalties. While the bank's wealth management and capital market segments remain strong and retail operations are relatively stable, many experts caution that current valuations are high, trading at approximately 16x PE against historical averages of around 13x PE. There is a sentiment that TD is overvalued by about 5%, with calls to trim positions or take profits after a significant run-up. Additionally, despite robust record earnings in recent quarters, concerns linger regarding growth potential in the U.S. due to imposed asset caps, leading some analysts to recommend a wait-and-see approach before re-entering the stock. Overall, investor sentiment is mixed—while some maintain long-term confidence in TD's dividend growth potential, others see risk in the high valuation and lack of future growth drivers.

consensus icon
Consensus
Overvalued
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Valuation
Overvalued
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Similar
RY
COMMENT
Why does volume trade spike in the last minutes of trading? The bulk of trading volume for most stocks actually focuses on the early start of the day, so this is unusual. As this in the index, there may be some index balancing that is going on. He is uncertain overall.
BUY
Still buying for new clients. Valuations are attractive. US operations growing nicely. Flexibility on expenditure spending. Earnings will grow, and so will the dividend.
BUY
It's a core holding and he will continue to buy it. An excellent franchise that will earn through the inverted yield curve. True, falling interest rates will pressure the banks, but those low interest rates lead to cheaper for home and car financing and so easier for indebted Canadians to carry that debt. The Canadian banks are a well-run oligopoly. The TD dividend will remain solid and grow, though at a slower rate during a downturn.
HOLD

He's long owned this, a great performer. Banks face headwinds, but TD trades at 10x earnings and pays a 4% yield. The banks can go lower in a weak economy, but the banks are long-term holds over 5-10 years. Stomach the volatility. You're paid to wait. Balance sheet is decent. TD (and RY) are investing in tech to keep up with the times.

PAST TOP PICK
(A Top Pick Sep 05/18, Down 6%) It is very difficult for them to lend money with a flat yield curve. Over time they have been a safe place to be. He is going to stick with it. Sometimes you just have to be patient in a market and if something is good, don't be shaken out of it.
COMMENT

Royal is a little more expensive than the other Canadian banks. The news of OSC charges on FX trading will create some headwinds -- requiring a fine to be paid. He owns TD instead right now as they have more exposure in the US.

HOLD
Wait until the margin calls are finished and we'll see where the stocks end up. Would hold right now.
COMMENT
Nothing wrong with this strategy. He can buy it back or sell another option later. Or you can just leave it alone, which is also good. and you at $70, then you get called, you could lose money.
BUY
Well-run with huge US retail operations, which is where you want to be. US delinquency rates are low because the US economy is strong. Canadian operations are strong, too, but Canadians are drowning in debt. This is US growth story, while capital market activity in Canada is not happening. No, don't short a Canadian bank like some are. All Canadian banks are well-run and financially sound, but America is a better place to invest.
BUY
The banks are deeply oversold no.w Banks and the energy stocks will drive the TSX in the next few months. Exit at $72.50.
BUY

TD-T vs. RY-T. TD-T is bigger than RY-T in the US. BNS-T is a bit cheaper. He is warming up to the sector in general.

BUY
She thinks the Canadian banks are good value now. TD-T has good exposure into the US. Yields are attractive and dividends could continue to rise. She would be a buyer here.
BUY
Still a buy if interest rates keep falling? Analysts keep forceasting nice, slowly rising earnings and book value. Has followed this trend for the last 10 years. Sees no reason not to buy. A reversal in interest rates would be very bullish for the banks. You get a 12-13% annualized rate, including the dividend.
COMMENT

TD vs KBE? A big part of TD-T business is in the US and he likes that. The best of both worlds. KBE-N offers slightly higher dividend growth, but a lower yield.

BUY
No reason to switch. Have had the best return, performance and dividend increases. They have less volatility. Yield is 3%
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