TSE:TD

Toronto-Dominion Bank (TD.TO)

157.74
-0.29 (0.18%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
2224 watching
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Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 64 opinions in the last 12 months.

The Toronto-Dominion Bank (TD) has shown strong performance in recent months, recovering well from past regulatory issues related to money laundering. However, experts express concern over the current high price-to-earnings (P/E) ratio, which exceeds historical averages. Many analysts suggest that the stock is trading at a premium compared to its peers and is overvalued by about 5-16%. There are mixed opinions on the future growth potential, with some emphasizing that growth opportunities in the US remain limited due to regulatory restrictions. Most experts recommend trimming positions and waiting for a better entry point, indicating cautious optimism about long-term prospects amidst current overvaluation and market dynamics.

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Consensus
Trim
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Valuation
Overvalued
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RY
TOP PICK

Has the highest upside potential to target. All the banks have had good returns but this one has the best. Retail margins will be somewhat pressured but this is the best operator in Canada. Wealth management business continues to do well. US investment and business will be the sleeper and will be a key driver going forward. 3.5% dividend yield.

PAST TOP PICK

(A Top Pick Aug 15/11. Up 9.14%.) Thinks they are going to raise their dividend 2% or 3% when it reports next week. Stock should be $85 a year from now.

PAST TOP PICK

(A Top Pick Aug 15/11. Up 6.51%.) His favourite Canadian bank. 10% earnings growth and 3.5% yield so it is still a buy.

COMMENT

Holds a residual Nov 1/17 but resets on Nov 1/12. Reset is 100 basis points over the 3 month Bankers Acceptance Rate. What happens to the residual on Nov 1/12 if TD does not call the bond? Should I sell before Nov 1? There is no question that you will get your money back on Nov 1/12 but you could sell before that.

BUY

Sees better earnings growth than on Bank of Montréal (BMO-T) but their dividend is only 3.6% compared to Montreal's, which is over 6%. Expect they will have another dividend increase this year. Likes their US acquisitions and sees good opportunities to increase loans, mortgages and other wealth management services. Looking for about $90 one year out.

TOP PICK
This is the bank that is most geared to the retail services. Sees growth opportunity within their dividends and the catalyst is their success in the US..
PAST TOP PICK
(A Top Picks. July 7/11. Up 2.82%.) Lowest dividend yield of the group but trading in line on a multiple basis. Superior management team with greater opportunity and exposure to the US market.
TOP PICK
Strongest retail franchise in Canada. Likes their US exposure which he thinks ultimately will be platform for better growth opportunities relative to other Cdn banks. Looking for 6% earnings growth this year. 3.6% yield. $90 is a good target price for 1 year.
TOP PICK
Likes the banks as a general investment area. This one has made a few acquisitions in the US and actually has more branches there than they do in Canada. There is a lot of room for loan growth and cross selling opportunities in the US and the market doesn’t fully recognize the potential there. Expect they will increase the dividend again sometime this year.
DON'T BUY
Not all that fond of the financial sector at this time. 1st of all, Canadian economy has been better than the US and the banks have done better. However, you are seeing the economy slowing in Canada. Consumer debt levels have started to cut back so that the basic retail situation in Canada for banking has probably peaked at this point. Their US assets are doing quite well.
COMMENT
Bond due Nov 21/17 and resets Nov 1/12. What happens to the residual on Nov 1 if TD doesn't recall the Bond? Feels the bond will absolutely be called Nov 1st. These bonds were designed so that they would be called after the 1st 5 years.
TOP PICK
Likes all the banks right now for doing covered calls. TD seems to be the most solid of the lot. Very happy to do some covered calls on it.
TOP PICK
(Top Pick Jun 7/11, Up 1.79%) Thought the banks would have done better over the last year. He had an $85 target that it did peak at a while ago. He thinks it will go there again. His favourite. Wanted to pick a bank because they came off a little bit recently. They are making about a 10% return in the US and growing.
PAST TOP PICK
(A Top Pick June 23/11. Up 4.23%.) Good franchise. Growing in the US.
BUY
(Market Call Minute.) Has being exposure to the US and very well-managed. Raising its dividends.
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