TSE:TD

Toronto-Dominion Bank (TD.TO)

169.65
+1.75 (1.04%)
as of Aug 5, 2026, 8:00:00 pm Market Open.
2222 watching
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Investor Insights
star iconAug 5, 2026, 12:00 am

This summary was created by AI, based on 56 opinions in the last 12 months.

The Toronto-Dominion Bank (TD) has experienced remarkable growth in the past year, recovering from past penalties and regulatory challenges. Analysts highlight its well-positioned status within the Canadian banking sector, benefiting from AI investments and a favorable regulatory environment. Despite the impressive performance, there are concerns about its high price-to-earnings (PE) ratio, which is currently above historical averages, prompting some experts to suggest trimming positions. Many consensus opinions indicate a cautious outlook due to the overvaluation, signaling potential profit-taking opportunities. Overall, while TD is seen as a strong, solid bank with good long-term prospects, expertise suggests waiting for a better entry point or considering other investment opportunities in the current market climate.

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Consensus
Caution
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Valuation
Overvalued
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Similar
RY
TOP PICK
Trades at 10X earnings. 4% dividend yield. Have done a very good job of branding themselves in the US and more than 50% of their revenue now comes from the US. Chrysler Financial was a very astute acquisition for them as people in the US pay down their cars.
PAST TOP PICK
(A Top Pick Oct 25/10. Up 1.24%.)
PAST TOP PICK
(Top Pick Nov 10/10, Up 3.8%)
BUY
One of 3 they hold and she would buy here. Yield is lower that the group. Very good retail franchise. Also likes RY and BMO
TOP PICK
Has done a great job of growing its US retail business. Bought companies with large footprints. Their Chrysler acquisition was an incredible deal.
BUY
4th quarter for Canadian banks? If there is a weakening in the Cdn$ to $0.93, this would be helpful in reporting their profits as over half of their branches are in the US. Have increased their dividend twice in the last year. US operation is working out well. Canadian banks, as a whole, are going to have a weaker quarter on their capital markets because of our slide.
COMMENT
Toronto Dominion (TD-T) or Royal (RY-T) for a long-term hold? Royal just sold their US retail operations while TD continues to expand and is attracting a lot of deposits. Would prefer TD because of less trading activity but a very hard question as they are both very close.
HOLD
It’s an unpopular thing to say you are not in the banks. He is concerned about what will come out in November. None of the bond desk are making any money. He owns legacy positions.
BUY
Has the wind at its back that not only does it have the capital, but their strategy is being deployed (being accretive in the US). Dividends will go up, but probably not for the next 2 quarters.
COMMENT
Seasonally intends to do very well just prior to reporting of annual results (Oct to Dec) and Feb to May.
BUY
Strongest deposit base in Canada. Credit card receivables they recently got will give some accretion. Definitely likes TD.
DON'T BUY
Most of the banks are trading where they where in the 1st half of last year. Fundamentally it is not as strong as some of the other banks. The sell off that has occurred in the last couple of days in a row does not look very good. Has the potential to go down to $69. Be very cautious. (See Top Picks.)
BUY ON WEAKNESS
He is not rushing into the banks at the present time. US banks are under a lot of pressure and this tends to spill over. This is one of his core bank holdings and he is not selling. Dividend is not bad. Thinks he might be able to get it cheaper.
BUY
Acquisition of Bank of America (BAC-N) credit card portfolio will add $0.05 a share next year and $.10 the year after. Credit cards are going to be a more profitable business going forward.
TOP PICK
(A Top Pick Aug 11/10. Up 10.13%.) Best managed bank in Canada. Trading down now at just a little over 10X earnings. Almost a 3.5% yield. Great growth prospects in the US. Purchase of the credit card portfolio in the US today was a good move.
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