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TSE:TD

Toronto-Dominion Bank (TD.TO)

167.06
-0.78 (0.46%)
as of Aug 28, 2026, 3:35:14 pm Market Open.
2222 watching
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Investor Insights
star iconAug 28, 2026, 12:00 am

This summary was created by AI, based on 52 opinions in the last 12 months.

Experts are divided on the outlook for Toronto-Dominion Bank (TD), with many expressing concerns about its current valuation after significant gains over the past year. Some believe that the bank is well-positioned to benefit from its strong performances in capital markets, retail, and wealth management, as well as from AI advancements. However, many analysts caution that TD's price-to-earnings ratio is above historic averages, which might suggest it is overvalued. There are also worries regarding regulatory concerns in the U.S. and how these could limit growth opportunities. While some advise trimming positions, there are still advocates for TD’s long-term growth potential, especially as part of a diversified investment strategy focused on dividend growth.

consensus icon
Consensus
Overvalued
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Valuation
Overvalued
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Similar
BMO
BUY
IV notes issued Jan 15/09 at 9.5%. Called Tier One Capital. Hybrid securities because have characteristics of both debt and equity. Think of it as a deeply subordinated fixed income instrument i.e. it pays a coupon. Price has gone up so the yield is about 8.75% now.
COMMENT
Doesn't like any financials. A Pairs trade could be very attractive if you own one. The Short would be on one of the US banks or an ETF. 6.25% yield.
TOP PICK
(A Top Pick Feb 6/08. Down 38%.) Excellent management with a very disciplined approach on managing. Very well positioned to take part in a recovery. US business is potentially in great shape with more deposits than loans.
DON'T BUY
Almost across the board, there is a collapsing profitability in Canadian banks. He has been nervous about this area for quite some time. Except for CIBC (CM-T) ROE seems to be falling quite rapidly.
WAIT
Likes this bank and management. The biggest risk, short-term, is what is inside their US Commerce Bank. Would like to see another quarter or 2 of data.
TOP PICK
Credit performance has been really good. 6.1% dividend yield. Because he doesn't think there will be a lot of upside, he has also written a $46 call option.
BUY
If Canadian consumer starts to deteriorate, it will hurt retail banking. Canada is a very resource oriented country and their loan book will become more difficult. However, they have very good tier 1 ratios and he would buy at these levels.
TOP PICK
6.1% yield. Strong, diversified portfolio. Have talked about being prepared for loan losses in a real economy for well over a year so they are well positioned.
TOP PICK
Capital Trust IV, June/19 @ 9.52%.
COMMENT
Not any worse off than any of the other banks.
PAST TOP PICK
(A Top Pick Dec 27/07. Down 30%.) Still likes. Quality management. Strong retail focus. One of the few banks that grew its dividends. Still a Buy.
DON'T BUY
Loath to put any money into financials right now. Thinks there are lots of bad loans coming the banks’ ways. Things are not going to look good for the banks for a while. Doesn't like their exposure in the US at this point in time.
TOP PICK
Good management. Mostly retail business. Recently raised over $1 billion and seemed to have set a bottom in on the stock. Growth will be slower than average for a while. Looking for an 8% to 10% return including dividends.
COMMENT
Thinks it is the best in class in the banking sector. Have a very vibrant retail space and the retail-banking arm is doing quite well. Commerce Bank acquisition is a fantastic franchise in the US and they have immunized as much risk as possible in their mortgage book. Bank is conservative, well run and well capitalized.
PAST TOP PICK
(A Top Pick July 16/07. Down 36%.) Sold his holdings when profitability started to deteriorate.
Showing 1,366 to 1,380 of 2,220 entries