Toronto-Dominion Bank Balance Sheet Health
Financial Health criteria checks 6/6
Toronto-Dominion Bank has total assets of CA$1,910.9B and total equity of CA$112.4B. Total deposits are CA$1,227.6B, and total loans are CA$905.0B. It earns a Net Interest Margin of 1.7%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are CA$500.4B.
Key information
17x
Asset to equity ratio
1.7%
Net interest margin
| Total deposits | CA$1.23t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | CA$500.43b |
Recent financial health updates
No updates
Recent updates
TD And Royal Bank: Buy The Mortgage Renewal Panic
Apr 05TD Bank: Now Is A Good Time To Buy This 5%-Yielding Blue-Chip Deal
Mar 29Toronto-Dominion: What To Expect From Q1 Earnings Results
Feb 27TD Bank: Why I Piled In At $78
Feb 19TD Bank: Low-Risk Loan Portfolio Combined With High Leverage Make It Buy
Jan 19Toronto-Dominion Bank: Helped By Banks Rally But Could Use Earnings Improvement
Dec 28Toronto-Dominion Bank: Caution Ahead Of Earnings
Nov 27Toronto-Dominion Bank: No Disaster But Not A Buy Either
Oct 29Toronto-Dominion: Diversified Bank, Robust Balance Sheet, And Respectable Yields
Sep 28How Attractive Is Toronto-Dominion's 4.6% Yield?
Sep 18TD Bank: Attractive Dividend Yield And Massive Upside Potential
Aug 17TD Bank: A Nice 4% Dividend Yield But Waiting On Better Earnings In Q3
Aug 01Big Banks Have Massive Exposure: TD Bank Has Several Major Issues
Jun 28Toronto-Dominion: Compelling Valuation, But Risks Linger
Jun 12Toronto-Dominion: Near-Term Uncertainties Offset By Long-Term Optionality
May 26Toronto-Dominion Could Stand Out In This Next Phase Of The Cycle
Feb 24Toronto-Dominion Bank: Best Pick Among Canada's Major Banks
Jan 31TD Banks expects Charles Schwab investment to add $211M to Q1 net income
Jan 19Cowen Deal Spread Leaves 1.06% Of Upside To Toronto-Dominion Deal Closing
Dec 28Is Toronto-Dominion Bank Stock A Buy After Earnings? Consider 2023 Outlook And Valuations
Dec 06TD Bank - An Ex-US Stock That Gains From Dollar Strength
Nov 05TD Asset Management to lower certain management fee
Oct 26TD Bank Group sees Schwab Q3 earnings adding $212M to net income
Oct 18TD Bank: I'd Buy The Colossal Dip
Oct 09Toronto-Dominion Bank's Resilient Earnings Profile Is Appealing
Oct 01TD Bank, Target extend U.S. credit card pact through 2030
Sep 21TD Bank declares CAD 0.89 dividend
Aug 25TD Bank: Housing Bubble Risks Overblown
Aug 17Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TD's Assets to Equity ratio (17x) is moderate.
Allowance for Bad Loans: TD has a sufficient allowance for bad loans (196%).
Low Risk Liabilities: 68% of TD's liabilities are made up of primarily low risk sources of funding.
Loan Level: TD has an appropriate level of Loans to Assets ratio (47%).
Low Risk Deposits: TD's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: TD has an appropriate level of bad loans (0.4%).