Toronto-Dominion Bank Balance Sheet Health
Financial Health criteria checks 6/6
Toronto-Dominion Bank has total assets of CA$2,061.8B and total equity of CA$115.2B. Total deposits are CA$1,333.8B, and total loans are CA$949.8B. It earns a Net Interest Margin of 1.7%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are CA$635.3B.
Key information
17.9x
Asset to equity ratio
1.7%
Net interest margin
| Total deposits | CA$1.33t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | CA$635.31b |
Recent financial health updates
No updates
Recent updates
TD Bank: A U.S. Exit Looks Probable
Dec 05Toronto-Dominion: Sub 10x P/E Looks Like A Bargain For This Canadian Bank, Following Setbacks
Nov 13TD Bank: This Dividend Stock Is Still Buyable Now
Oct 09TD: It's All In The Long Game
Sep 19TD Bank: Dumping Schwab Shares Is A Good Thing
Aug 22Toronto Dominion Bank: Fair Value For A Stalwart Grower
Aug 12Toronto-Dominion Bank: A High-Yielding Dividend Stock Worth Buying Now
Jun 07TD Bank's Fentanyl Probe: Assessing The Damage
May 03TD 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 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TD's Assets to Equity ratio (17.9x) is moderate.
Allowance for Bad Loans: TD has a sufficient allowance for bad loans (164%).
Low Risk Liabilities: 69% 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 (46%).
Low Risk Deposits: TD's Loans to Deposits ratio (71%) is appropriate.
Level of Bad Loans: TD has an appropriate level of bad loans (0.5%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 22:34 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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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.
| Analyst | Institution |
|---|---|
| Mark Rosen | Accountability Research Corporation |
| John Aiken | Barclays |
| Brian Morton | Barclays |