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
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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.

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Consensus
Trim
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Valuation
Overvalued
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Similar
RY
SELL
Recovery in their US businesses. They look rich and there is better value elsewhere. Take profits. Switch into CIBC.
PARTIAL SELL
Recent quarter earnings had gang buster numbers that surprised everyone. If you own, consider taking some profits.
DON'T BUY
Canadian banks tend to split above 70 or $80. Concerned that when they repatriate their international earnings, the exchange rate will cause them to realize less. It is fully priced.
PAST TOP PICK
(Top Pick Feb 23/09, Up 102%) One of the best 2 run banks in Canada. Great retail franchise and great asset management franchise. Sold a portion 4 or 5 months ago. You shouldn’t own so much in the banking sector now.
TOP PICK
Canadian banks peaked out in the summer and have plateaued since then. Trading at about 12X this year's earnings. 3.9% yield.
HOLD
One of his favourite banks. Recently took some profits because of his bank weightings and concerns about the US holdings.
BUY
Bonds. Government of Canada and bank bond rate differentials have come in considerably so they are not as good value as they were but they are good bonds and you can sleep at nights.
BUY
Biggest and strongest retail operations in North America of the Canadian banks.
TOP PICK
Floating rate note maturing February 15/11. Based on his view that rates are going to rise. Has a bond that is reset every 3 months based on prevailing 3 months bankers acceptance rates (CEDOR). Pays you what the DA (?) rate is plus 40 basis points.
PAST TOP PICK
(A Top Pick Jan 28/09. Up 60.28%.) Buy on weakness.
PAST TOP PICK
(A Top Pick Jan 27/09. Up 36.69%.) Capital Trust IV, June/19 @ 9.52%. Still likes.
TOP PICK
Banks have done really well this year but this one has been held back a little bit by its US real estate exposure. Canadian operations are top-notch.
BUY
It is his favourite bank but 12-month period before it gets going again.
PAST TOP PICK
(A Top Pick Dec 23/08. Up 74.2%.) Still his favourite bank. Likes the retail aspect. Think they will do a better than average job on the US retail. A switch to Royal (RY-T) wouldn't be bad.
BUY ON WEAKNESS
Very strong franchise in Canada but concerns are with their US assets.
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