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 15, 2025, TD stock price declined to $59.82 with 627,002 million shares trading.

TD has a beta of 0.43, meaning it tends to be less sensitive to market movements. TD has a correlation of 0.11 to the broad based SPY ETF.

TD has a market cap of $104.81 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 $77.45 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 outperformed the market in the last year with a price return of +10.5% while the SPY ETF gained +6.6%. TD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +10.7% and +1.0%, respectively, while the SPY returned -7.4% and -3.9%, respectively.

TD support price is $58.93 and resistance is $60.99 (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.