The Toronto-Dominion Bank

NYSE:TD Stock Report

Market Cap: US$92.6b

Toronto-Dominion Bank Future Growth

Future criteria checks 1/6

Toronto-Dominion Bank is forecast to grow earnings and revenue by 14.5% and 1.3% per annum respectively. EPS is expected to grow by 17.6% per annum. Return on equity is forecast to be 13.2% in 3 years.

Key information

14.5%

Earnings growth rate

17.6%

EPS growth rate

Banks earnings growth10.7%
Revenue growth rate1.3%
Future return on equity13.2%
Analyst coverage

Good

Last updated18 Dec 2024

Recent future growth updates

No updates

Recent updates

TD Bank: A U.S. Exit Looks Probable

Dec 05

Toronto-Dominion: Sub 10x P/E Looks Like A Bargain For This Canadian Bank, Following Setbacks

Nov 13

TD Bank: This Dividend Stock Is Still Buyable Now

Oct 09

TD: It's All In The Long Game

Sep 19

TD Bank: Dumping Schwab Shares Is A Good Thing

Aug 22

Toronto Dominion Bank: Fair Value For A Stalwart Grower

Aug 12

Toronto-Dominion Bank: A High-Yielding Dividend Stock Worth Buying Now

Jun 07

TD Bank's Fentanyl Probe: Assessing The Damage

May 03

TD And Royal Bank: Buy The Mortgage Renewal Panic

Apr 05

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

Mar 29

Earnings and Revenue Growth Forecasts

NYSE:TD - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
10/31/202754,28714,229N/AN/A1
10/31/202654,49914,355N/AN/A10
10/31/202552,60812,755N/AN/A9
10/31/202453,2448,316-17,162-14,985N/A
7/31/202452,3097,692-77,008-74,990N/A
4/30/202451,35310,749-53,623-51,659N/A
1/31/202451,57311,471-57,870-55,958N/A
10/31/202349,39910,071-41,659-39,815N/A
7/31/202350,40313,965-45,578-43,827N/A
4/30/202348,82914,329-39,284-37,793N/A
1/31/202345,75914,978-51,697-50,173N/A
10/31/202247,74117,170-68,264-66,810N/A
7/31/202243,85914,324-23,082-21,731N/A
4/30/202244,03414,642-17,891-16,508N/A
1/31/202243,62714,52738,32339,483N/A
10/31/202142,91714,04955,49456,623N/A
7/31/202142,78015,41020,68121,772N/A
4/30/202140,50814,10165,45666,573N/A
1/31/202137,21311,91812,65614,007N/A
10/31/202036,40411,628-12,302-11,041N/A
7/31/202034,9269,3373,4754,632N/A
4/30/202036,29310,343-22,566-21,608N/A
1/31/202038,57812,0069,54810,381N/A
10/31/201938,03611,41651,72653,111N/A
7/31/201938,05311,51938,52639,365N/A
4/30/201937,54711,3617,6078,508N/A
1/31/201936,87811,097-25,231-24,471N/A
10/31/201836,41211,048-48,273-47,686N/A
7/31/201835,63810,784N/A-53,553N/A
4/30/201835,08110,449N/A-9,588N/A
1/31/201834,12810,030N/A-3,456N/A
10/31/201733,98610,203N/A-14,023N/A
7/31/201733,4389,807N/A-10,019N/A
4/30/201732,8029,407N/A-73,305N/A
1/31/201732,5048,967N/A-6,646N/A
10/31/201631,9858,680N/A-44,484N/A
7/31/201631,3268,233N/A-10,176N/A
4/30/201630,7508,153N/A-26,787N/A
1/31/201630,4597,973N/A-50,622N/A
10/31/201529,7437,813N/A-73,139N/A
7/31/201529,2867,716N/A-100,249N/A
4/30/201528,8887,558N/A-66,701N/A
1/31/201528,5477,673N/A-83,369N/A
10/31/201428,4047,633N/A-46,146N/A
7/31/201427,9717,486N/A-47,915N/A
4/30/201427,4086,890N/A-49,735N/A
1/31/201426,5556,610N/A-44,381N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TD's forecast earnings growth (14.5% per year) is above the savings rate (2.6%).

Earnings vs Market: TD's earnings (14.5% per year) are forecast to grow slower than the US market (15.3% per year).

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

Revenue vs Market: TD's revenue (1.3% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: TD's revenue (1.3% 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 (13.2%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 22:34
End of Day Share Price 2024/12/26 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Toronto-Dominion Bank is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
John AikenBarclays
Brian MortonBarclays