TD Stock Summary and Trading Ideas (Toronto-Dominion Bank | NYSE:TD)

Toronto-Dominion is one of Canada's two largest banks with over CAD 2 trillion in assets. TD Bank operates four business segments: Canadian personal and commercial banking, US retail banking, wealth management and insurance, and wholesale banking. The bank derives more than 55% of its revenue from Canada and has dominant market share in nearly all banking products and services. TD has around 40% of its revenue from its US operations. Its US footprint spans from Maine to Florida, with a strong presence in the Northeast.

Toronto-Dominion Bank trades on the NYSE stock market under the symbol TD.

As of April 7, 2025, TD stock price declined to $55.71 with 3,507,580 million shares trading.

TD has a beta of 0.42, meaning it tends to be less sensitive to market movements. TD has a correlation of 0.10 to the broad based SPY ETF.

TD has a market cap of $97.61 billion. This is considered a Large Cap stock.

Last quarter Toronto-Dominion Bank reported $10 billion in Revenue and $1.44 earnings per share. This fell short of revenue expectation by $-405 million and exceeded earnings estimates by $.06.

In the last 3 years, TD traded as high as $81.47 and as low as $51.25.

The top ETF exchange traded funds that TD belongs to (by Net Assets): DFIV, FVD, DFAI, PID, DFIC.

TD has underperformed the market in the last year with a return of -1.9%, while SPY returned -0.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TD shares. However, TD has outperformed the market in the last 3 month and 2 week periods, returning +4.9% and -6.4%, while SPY returned -14.5% and -10.6%, respectively. This indicates TD has been having a stronger performance recently.

TD support price is $56.32 and resistance is $57.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TD shares will trade within this expected range on the day.