National Bank Financial Comments on TD FY2025 Earnings

The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) – National Bank Financial upped their FY2025 EPS estimates for shares of Toronto-Dominion Bank in a research note issued on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now expects that the bank will earn $5.88 per share for the year, up from their prior estimate of $5.71. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for Toronto-Dominion Bank’s current full-year earnings is $5.76 per share. National Bank Financial also issued estimates for Toronto-Dominion Bank’s FY2026 earnings at $6.14 EPS.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last posted its quarterly earnings data on Thursday, August 22nd. The bank reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.56. Toronto-Dominion Bank had a return on equity of 14.34% and a net margin of 6.94%. The firm had revenue of $14.18 billion for the quarter, compared to the consensus estimate of $9.40 billion. During the same quarter in the previous year, the company earned $1.48 EPS. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year.

Other equities research analysts also recently issued research reports about the stock. Royal Bank of Canada downgraded shares of Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a research report on Friday, October 11th. StockNews.com cut Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Thursday, August 22nd. Finally, Barclays lowered Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a report on Thursday. Two analysts have rated the stock with a sell rating, six have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Toronto-Dominion Bank has a consensus rating of “Hold” and an average price target of $84.00.

Toronto-Dominion Bank Trading Up 0.4 %

NYSE TD opened at $56.15 on Thursday. The stock has a market cap of $98.28 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 1.59 and a beta of 0.82. Toronto-Dominion Bank has a twelve month low of $53.52 and a twelve month high of $65.12. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.02. The firm’s 50 day moving average price is $58.90 and its two-hundred day moving average price is $57.71.

Institutional Trading of Toronto-Dominion Bank

Hedge funds have recently modified their holdings of the company. Mackenzie Financial Corp raised its stake in Toronto-Dominion Bank by 0.8% during the second quarter. Mackenzie Financial Corp now owns 25,997,122 shares of the bank’s stock worth $1,429,186,000 after acquiring an additional 218,807 shares in the last quarter. 1832 Asset Management L.P. grew its stake in shares of Toronto-Dominion Bank by 6.0% during the second quarter. 1832 Asset Management L.P. now owns 25,803,480 shares of the bank’s stock valued at $1,418,159,000 after purchasing an additional 1,462,794 shares during the last quarter. CIBC Asset Management Inc increased its holdings in shares of Toronto-Dominion Bank by 5.4% in the third quarter. CIBC Asset Management Inc now owns 16,515,643 shares of the bank’s stock valued at $1,046,825,000 after purchasing an additional 853,313 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in shares of Toronto-Dominion Bank by 9.6% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,814,269 shares of the bank’s stock worth $759,449,000 after acquiring an additional 1,206,574 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Toronto-Dominion Bank by 24.9% in the third quarter. The Manufacturers Life Insurance Company now owns 13,509,261 shares of the bank’s stock worth $854,815,000 after purchasing an additional 2,689,532 shares during the period. Institutional investors own 52.37% of the company’s stock.

Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.