TSE:TD

Toronto-Dominion Bank (TD.TO)

170.03
-0.87 (0.51%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
2225 watching
0
Investor Insights
star iconJun 26, 2026, 12:00 am

This summary was created by AI, based on 61 opinions in the last 12 months.

Toronto-Dominion Bank (TD) has garnered mixed reviews from experts, reflecting a combination of concerns and optimism surrounding its recent performance and future outlook. The bank has rebounded from past issues, including a money-laundering scandal, showing strong earnings with growth primarily driven by its Canadian operations. However, many analysts caution that TD's stock is currently trading at historically high price-to-earnings (PE) ratios, suggesting the potential for overvaluation, and recommend trimming positions or waiting for better buying opportunities. Concerns about growth limitations in the US and the overall banking sector’s high valuations contribute to a cautious stance, despite the solid growth trajectory seen in earnings and dividends. Overall, while TD remains a strong player in Canadian banking, adjustments to holdings appear prudent for many investors at this stage.

consensus icon
Consensus
Trim
valuation icon
Valuation
Overvalued
review icon
Similar
RY
BUY
One of his top holdings. Executing very well. Strong domestic franchise. Expects the US market will continue to be a sleeper for them in terms of being a positive. His target is $90.
PAST TOP PICK
(A Top Pick July 20/10. Up 15.53%.)
DON'T BUY
On a multiple basis, it is at the middle of the pack. Are doing better execution in the us than others. Prefers BNS.
COMMENT
Preferred shares. These pay a fixed dividend so if you think interest rates are going up and inflation is increasing, fixed dividends are not attractive. (Thinks reset rates preferreds are terrific investments.)
TOP PICK
Safe, has the best managed and combination of retail Canadian banking and the best US retail system of the Canadian banks. Thinks it deserves a premium and thinks you will see a dividend increase.
TOP PICK
Likes their US exposure. Has become a dominant player in the US in a number of markets they are in. Best managed bank in Canada. Trading at 11X earnings. Yield of about 3.25%.
COMMENT
Toronto Dominion (TD-T) versus Royal Bank (RY-T) for a long-term hold and dividend yield? TD has been building a strong retail franchise and is his favourite. There consumer loan book has been growing. Likes their acquisition of Chrysler Financial. Royal has had way too much leverage/exposure to trading revenue.
BUY
His favourite bank. Likes their high-quality US acquisitions and expects they will earn a lot of money. Banks have had a big run and have come off a little bit from their peaks, but good stocks for the long haul. If you can get this below $80 and you are patient, you will do very well.
TOP PICK
Likes US strategy. Likes the fact that they have done something incredible – they have built a brand / franchise in the US. Car financing is how you don’t loose money in the US, not mortgages.
BUY
Company is in great shape. Really likes what they are doing in the US and will probably be a third of their business a couple of years down the road. Good Canadian franchise. This is definitely a long-term buy and hold for a portfolio.
BUY
Had an A B C correction and is sitting right on the 200 day and thinks it will hold. Financials have to participate in any bull market and he expects one for the next 2 years.
TOP PICK
This is his favourite Canadian bank. Given this pullback here you can get 10% plus dividend on it here. Have by far the best US branch system of the Canadian banks.
BUY
Royal bank (RY-T) or Toronto Dominion (TD-T)? Likes TD better because of the strong consumer brand both in Canada and US. Royal has a lot more capital markets’ revenues and profitability so there is more lumpiness. Both of them are still excellent stocks.
TOP PICK
(A Top Pick June 2/10. Up 22.38%.) Going to the US has been excellent for them. Emphasis on retail, which is lower ROE but more stable. Thinks the market will pay more for retail. Expect their multiple will go to a premium in 18 months.
BUY
Bought US assets very, very cheaply. Has yet to do as well as he would like. Is his number 1 bank pick. The US assets will eventually produce as branches up here have.
Showing 1,216 to 1,230 of 2,216 entries