Toronto-Dominion Bank Future Growth

Future criteria checks 1/6

Toronto-Dominion Bank is forecast to grow earnings and revenue by 7% and 3.2% per annum respectively. EPS is expected to grow by 7% per annum. Return on equity is forecast to be 13.4% in 3 years.

Key information

7.0%

Earnings growth rate

7.0%

EPS growth rate

Banks earnings growth	7.9%
Revenue growth rate	3.2%
Future return on equity	13.4%
Analyst coverage	Good
Last updated	17 Apr 2024

Recent future growth updates

No updates

Recent updates

Toronto-Dominion: Diversified Bank, Robust Balance Sheet, And Respectable Yields

Sep 28

How Attractive Is Toronto-Dominion's 4.6% Yield?

Sep 18

TD Bank: Attractive Dividend Yield And Massive Upside Potential

Aug 17

TD Bank: A Nice 4% Dividend Yield But Waiting On Better Earnings In Q3

Aug 01

Big Banks Have Massive Exposure: TD Bank Has Several Major Issues

Jun 28

Toronto-Dominion: Compelling Valuation, But Risks Linger

Jun 12

Toronto-Dominion: Near-Term Uncertainties Offset By Long-Term Optionality

May 26

Toronto-Dominion Could Stand Out In This Next Phase Of The Cycle

Feb 24

Toronto-Dominion Bank: Best Pick Among Canada's Major Banks

Jan 31

TD Banks expects Charles Schwab investment to add $211M to Q1 net income

Jan 19

Cowen Deal Spread Leaves 1.06% Of Upside To Toronto-Dominion Deal Closing

Dec 28

Is Toronto-Dominion Bank Stock A Buy After Earnings? Consider 2023 Outlook And Valuations

Dec 06

TD Bank - An Ex-US Stock That Gains From Dollar Strength

Nov 05

TD Asset Management to lower certain management fee

Oct 26

TD Bank Group sees Schwab Q3 earnings adding $212M to net income

Oct 18

TD Bank: I'd Buy The Colossal Dip

Oct 09

Toronto-Dominion Bank's Resilient Earnings Profile Is Appealing

Oct 01

TD Bank, Target extend U.S. credit card pact through 2030

Sep 21

TD Bank declares CAD 0.89 dividend

Aug 25

TD Bank: Housing Bubble Risks Overblown

Aug 17

Earnings and Revenue Growth Forecasts

NYSE:TD - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2026	57,919	14,325	N/A	N/A	3
10/31/2025	52,770	13,041	N/A	N/A	11
10/31/2024	50,387	12,057	N/A	N/A	11
1/31/2024	50,403	11,471	-57,870	-55,958	N/A
10/31/2023	49,201	10,219	-41,659	-39,815	N/A
7/31/2023	50,237	14,092	-45,578	-43,827	N/A
4/30/2023	48,798	14,374	-39,284	-37,793	N/A
1/31/2023	48,043	14,978	-51,697	-50,173	N/A
10/31/2022	47,741	17,170	-68,264	-66,810	N/A
7/31/2022	43,859	14,324	-23,082	-21,731	N/A
4/30/2022	44,034	14,642	-17,891	-16,508	N/A
1/31/2022	43,627	14,527	38,323	39,483	N/A
10/31/2021	42,917	14,049	55,494	56,623	N/A
7/31/2021	42,780	15,410	20,681	21,772	N/A
4/30/2021	40,508	14,101	65,456	66,573	N/A
1/31/2021	37,213	11,918	12,656	14,007	N/A
10/31/2020	36,404	11,628	-12,302	-11,041	N/A
7/31/2020	34,926	9,337	3,475	4,632	N/A
4/30/2020	36,293	10,343	-22,566	-21,608	N/A
1/31/2020	38,578	12,006	9,548	10,381	N/A
10/31/2019	38,036	11,416	51,726	53,111	N/A
7/31/2019	38,053	11,519	38,526	39,365	N/A
4/30/2019	37,547	11,361	7,607	8,508	N/A
1/31/2019	36,878	11,097	-25,231	-24,471	N/A
10/31/2018	36,412	11,048	-48,273	-47,686	N/A
7/31/2018	35,638	10,784	-54,184	-53,553	N/A
4/30/2018	35,081	10,449	-9,901	-9,588	N/A
1/31/2018	34,128	10,030	-3,869	-3,456	N/A
10/31/2017	33,986	10,203	N/A	-14,023	N/A
7/31/2017	33,438	9,807	N/A	-10,019	N/A
4/30/2017	32,802	9,407	N/A	-73,305	N/A
1/31/2017	32,504	8,967	N/A	-6,646	N/A
10/31/2016	31,985	8,680	N/A	-44,484	N/A
7/31/2016	31,326	8,233	N/A	-10,176	N/A
4/30/2016	30,750	8,153	N/A	-26,787	N/A
1/31/2016	30,459	7,973	N/A	-50,622	N/A
10/31/2015	29,743	7,813	N/A	-73,139	N/A
7/31/2015	29,286	7,716	N/A	-100,249	N/A
4/30/2015	28,888	7,558	N/A	-66,701	N/A
1/31/2015	28,547	7,673	N/A	-83,369	N/A
10/31/2014	28,404	7,633	N/A	-46,146	N/A
7/31/2014	27,971	7,486	N/A	-47,915	N/A
4/30/2014	27,408	6,890	N/A	-49,735	N/A
1/31/2014	26,555	6,610	N/A	-44,381	N/A
10/31/2013	25,628	6,350	N/A	-37,165	N/A
7/31/2013	26,782	6,321	N/A	-23,471	N/A
4/30/2013	25,577	6,490	N/A	-29,234	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TD's forecast earnings growth (7% per year) is above the savings rate (2.3%).

Earnings vs Market: TD's earnings (7% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: TD's earnings are forecast to grow, but not significantly.

Revenue vs Market: TD's revenue (3.2% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: TD's revenue (3.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TD's Return on Equity is forecast to be low in 3 years time (13.4%).

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Toronto-Dominion Bank Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

TD Bank Appoints Matt Boss as Head of Consumer Banking

The Toronto-Dominion Bank to Report Q2, 2024 Results on May 23, 2024

TD And Royal Bank: Buy The Mortgage Renewal Panic

Upcoming dividend of CA$1.02 per share

TD Bank: Now Is A Good Time To Buy This 5%-Yielding Blue-Chip Deal

TD Bank Unveils TD Complete Checking and TD Early Pay, Simplifying Customers' Banking Experiences

First quarter dividend of CA$1.02 announced

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

The Toronto-Dominion Bank Bank Declares Dividends for the Quarter Ending April 30, 2024, Payable on and After April 30, 2024

TD Bank Appoints Don Baker as Its New Commercial Market President for Northern New England

Toronto-Dominion: What To Expect From Q1 Earnings Results

TD Bank: Why I Piled In At $78

The Toronto-Dominion Bank Announces Notice of Settlement of the Class Action

TD Bank: Low-Risk Loan Portfolio Combined With High Leverage Make It Buy

The Toronto-Dominion Bank to Report Q1, 2024 Results on Feb 29, 2024

Upcoming dividend of CA$1.02 per share at 4.8% yield

Toronto-Dominion Bank: Helped By Banks Rally But Could Use Earnings Improvement

Td Bank Group Announces Executive Changes

New minor risk - Profit margin trend

New minor risk - Profit margin trend

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

TD Bank Group Appoint Alan MacGibbon as Chair of the Board of Directors, Effective February 1, 2024

Toronto-Dominion Bank: Caution Ahead Of Earnings

TD Bank Appoints Mike Nursey as North Florida Commercial Market President

Toronto-Dominion Bank: No Disaster But Not A Buy Either

TD Bank Appoints Jill Gateman as Head of Middle Market Products and Services

The Toronto-Dominion Bank to Report Q4, 2023 Results on Nov 30, 2023

$500 Million Class Action Filed Against The Toronto-Dominion Bank for Claimed Vacation and Holiday Pay Compensation Violations

Toronto-Dominion: Diversified Bank, Robust Balance Sheet, And Respectable Yields

Upcoming dividend of CA$0.96 per share at 4.7% yield

How Attractive Is Toronto-Dominion's 4.6% Yield?

The Toronto-Dominion Bank, Annual General Meeting, Apr 18, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

The Toronto-Dominion Bank Declares Dividends, Payable on and After October 31, 2023

The Toronto-Dominion Bank Announces the Appointment of John Macintyre and Keith Martell to Board of Directors

TD Bank: Attractive Dividend Yield And Massive Upside Potential

TD Bank: A Nice 4% Dividend Yield But Waiting On Better Earnings In Q3

Laurentian Bank's Shares Fall After Media Report of Potential Top Bidders Bowed Out

Upcoming dividend of CA$0.96 per share at 4.7% yield

Big Banks Have Massive Exposure: TD Bank Has Several Major Issues

New major risk - Revenue and earnings growth

Toronto-Dominion: Compelling Valuation, But Risks Linger

Toronto-Dominion: Near-Term Uncertainties Offset By Long-Term Optionality

The Toronto-Dominion Bank Declares Dividend for the Quarter Ending July 31, 2023, Payable on and After July 31, 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Entwistle & Cappucci LLP and Saxena White P.A. File a Securities Class Action Complaint Against Toronto-Dominion Bank

TD Bank Introduces Two New Credit Cards with Launch of Revamped Portfolio

Upcoming dividend of CA$0.96 per share at 4.8% yield

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Toronto-Dominion Could Stand Out In This Next Phase Of The Cycle

Toronto-Dominion Bank: Best Pick Among Canada's Major Banks

The Toronto-Dominion Bank to Report Q1, 2023 Results on Mar 02, 2023

TD Banks expects Charles Schwab investment to add $211M to Q1 net income

Cowen Deal Spread Leaves 1.06% Of Upside To Toronto-Dominion Deal Closing

TD Bank Names Sheryl Mcquade as Regional President of its New England Metro

Is Toronto-Dominion Bank Stock A Buy After Earnings? Consider 2023 Outlook And Valuations

The Toronto-Dominion Bank Declares Dividend for the Quarter Ending January 31, 2023 Payable on and After January 31, 2023

TD Bank - An Ex-US Stock That Gains From Dollar Strength

TD Bank Group Establishes A Wealth Management and Insurance Reporting Segment

TD Bank Announces Executive Changes

TD Asset Management to lower certain management fee

The Toronto-Dominion Bank to Report Q4, 2022 Results on Dec 01, 2022

TD Bank Group sees Schwab Q3 earnings adding $212M to net income

TD Bank: I'd Buy The Colossal Dip

Toronto-Dominion Bank's Resilient Earnings Profile Is Appealing

Upcoming dividend of CA$0.89 per share

TD Bank, Target extend U.S. credit card pact through 2030

Insider recently bought US$764k worth of stock

The Toronto-Dominion Bank, Annual General Meeting, Apr 20, 2023

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

TD Bank Group Announces New Appointments to Board of Directors

TD Bank declares CAD 0.89 dividend

TD Bank: Housing Bubble Risks Overblown

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts