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
BUY
Likes Cdn banks. In a period of rising interest rates, which he doesn’t expect to happen soon, they might find a little squeeze in terms of their book. Expecting dividend increases over the next couple of years.
TOP PICK
Strong leader in domestic franchise. Better earnings growth than most of the other banks. Comfortable with their US exposure.
TOP PICK
(A Top Pick Nov 19/09. Up 14.2%.) Did a great job expanding into the US retail market.
COMMENT
Watch the entire sector. They have had a pretty good run. Don’t chase any of these financials. Be very selective. US expansion is going fairly well. TD has a plan in the states and so far so good. He doesn’t think a big bet in the US right now is that prudent and they are not doing that.
COMMENT
TD Capital Trust II Bonds callable 2012, due 2052 with a 6.792% coupon. Fairly confident these will be called Dec 31/12. When this was initiated, it was always intended to be a 10-year deal.
BUY
Has owned it forever along with BMO and RY. One of the worries he has, not for this year, is the direction of interest rates. There is a risk they will go up sometime next year. He thinks banks are selling at a discount to the market.
COMMENT
Starting to get a bit overbought and is starting to turn. Banks are decent long-term plays and you are getting a good dividend so good for a long-term hold. Dividend increase is forecast. If you want to trade, you can sell and buy back at $70-$72.50, the 50 and 200 day moving averages.
PAST TOP PICK
(A Top Pick Nov 19/09. Up 13%.) Gone substantially more into retail banking in the US. Well managed bank with a great model. (See Top Picks.)
TOP PICK
Just reported very solid numbers. Likes the US where they are quite profitable. Could see $80. About 3% yield and is almost certain they will raise the dividend in 2011.
TOP PICK
Has done a strategic job of getting into the US market and operating their acquisitions. He is buying below $70. There is no rush.
COMMENT
Capital Trust II bonds callable 12/31/2012 due 2025 with a 6.792 coupon rate. Likelihood of them being called on 12/31/2012? Very high probability as banks have always called them even during a crisis. Banks are over capitalized right now.
PAST TOP PICK
(A Top Pick June 24/09. Up 10.74%.) Bank rate reset preferred shares (TD.PR.A-T). Still likes.
TOP PICK
(A Top Pick Aug 5/09. Up 13% including dividends.) This is his core Canadian bank holding. Still reasonably priced at 10X next year's earnings. 3.5% dividend yield. Likes their recent moves into the US.
WEAK BUY
Deploys capital very efficiently. Big risks going forward would be expansion in the US but have such a dynamic retail business he is not concerned. Expect a normalized rate of return of dividend plus 5%.
PAST TOP PICK
(A Top Pick Aug 5/09. Up 13.39%.)
Showing 1,261 to 1,275 of 2,219 entries