- Baystreet.ca
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its Canadian Personal and Commercial Banking segment offers a full range of financial products and services to approximately 15 million customers in the Bank’s personal and commercial banking businesses in Canada. Its U.S. Retail segment offers a range of financial products and services under the brand TD Bank, America’s Most Convenient Bank. U.S. Retail Segment also TD Auto Finance U.S., TD Wealth (U.S.) business. Wholesale Banking segment operates under the brand name TD Securities, which offers a range of capital markets and corporate and investment banking services to corporate, government, and institutional clients. Its Wealth Management and Insurance segment provides wealth solutions and insurance protection to approximately six million customers in Canada.
Regulatory Hurdles | TD Bank faces significant challenges with a $3.09 billion AML settlement and asset cap on U.S. subsidiaries, impacting growth prospects and operational costs |
Financial Resilience | Despite challenges, TD maintains a strong 13.4% CET1 ratio, providing flexibility for future growth initiatives and dividend stability |
Market Positioning | Explore TD's strategy in the growing Canadian mortgage broker market and its efforts to navigate competitive pressures in both Canadian and U.S. markets |
Analyst Outlook | Price targets range from CAD 80 to CAD 89, reflecting varied perspectives on TD's ability to overcome regulatory issues and capitalize on growth opportunities |
Metrics to compare | TD | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipTDPeersSector | |
---|---|---|---|---|
P/E Ratio | 18.0x | 16.4x | 8.7x | |
PEG Ratio | −0.42 | −0.41 | 0.03 | |
Price/Book | 1.3x | 1.4x | 1.0x | |
Price / LTM Sales | 2.6x | 3.8x | 2.8x | |
Upside (Analyst Target) | 10.7% | −3.5% | 10.6% | |
Fair Value Upside | Unlock | −5.3% | 2.8% | Unlock |