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The Toronto-Dominion Bank (TD)
After hours:
| Previous close | 56.79 |
| Open | 57.15 |
| Bid | 56.46 x 1200 |
| Ask | 56.97 x 1200 |
| Day's range | 56.19 - 57.75 |
| 52-week range | 56.19 - 82.38 |
| Volume | |
| Avg. volume | 2,210,927 |
| Market cap | 102.927B |
| Beta (5Y monthly) | 0.83 |
| PE ratio (TTM) | 10.50 |
| EPS (TTM) | 5.37 |
| Earnings date | 25 May 2023 |
| Forward dividend & yield | 2.87 (4.16%) |
| Ex-dividend date | 05 Jan 2023 |
| 1y target est | 75.84 |
- Reuters
U.S. bank crisis 'unlikely' to spill over to Canada, analysts say
TORONTO (Reuters) -Canada's top six lenders have ample liquidity and manageable credit risks which will help them to emerge largely unscathed from the crisis of confidence that has rocked the global banks over the last two weeks, analysts said on Monday. The collapse of two the U.S. regional banks- the Silicon Valley Bank and Signature Bank this month --and the Swiss government-brokered deal for UBS to buy Credit Suisse has raised concerns about the health of global banking sector. "The U.S. contagion is unlikely to spill over to Canadian banks as the issues in U.S. are unique and specific to certain business models or lending activities," said James Shanahan, banking analyst with Edward Jones to Reuters.
- Bloomberg
TD Gets Revenue Lift as Rising Rates Help US, Canada Margins
(Bloomberg) -- Toronto-Dominion Bank’s focus on retail banking in Canada and the US paid off last quarter as rising interest rates made lending to consumers more profitable. Still, concerns about its loan-loss provisions and delays to a major deal weighed on the stock.Most Read from BloombergTycoon Deripaska Warns Russia May Run Out of Money in 2024Israel’s Window to Strike Iran Narrows as Putin Enters EquationSorry, Twitter. Elon Found His Next Shiny Object.US Stocks Snap Two Days of Losses; Yi
- Reuters
Canada's Toronto-Dominion beats profit estimates on retail banking strength
(Reuters) -Toronto-Dominion Bank's quarterly profit beat estimates on Thursday, as robust growth in personal loans in Canada and the United States overshadowed weakness in its wealth management and insurance unit. The results from Canada's second-largest bank round up a mixed quarter for lenders in the country, as they received a boost from the Bank of Canada's interest rate hikes but had to raise provisions for potential bad loans. "We currently expect net interest margin to moderate for the remainder of fiscal 2023," TD Chief Financial Officer Kelvin Tran said on an earnings call.
