The Toronto-Dominion Bank

NYSE:TD Stock Report

Market Cap: US$104.2b

Toronto-Dominion Bank Management

Management criteria checks 4/4

Toronto-Dominion Bank's CEO is Bharat Masrani, appointed in Nov 2014, has a tenure of 9.42 years. total yearly compensation is CA$13.38M, comprised of 11.2% salary and 88.8% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth $75.70M. The average tenure of the management team and the board of directors is 2.7 years and 9.1 years respectively.

Key information

Bharat Masrani

Chief executive officer

CA$13.4m

Total compensation

CEO salary percentage11.2%
CEO tenure9.4yrs
CEO ownership0.07%
Management average tenure2.7yrs
Board average tenure9.1yrs

Recent management updates

Recent updates

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

Toronto-Dominion: What To Expect From Q1 Earnings Results

Feb 27

TD Bank: Why I Piled In At $78

Feb 19

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

Jan 19

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

Dec 28

Toronto-Dominion Bank: Caution Ahead Of Earnings

Nov 27

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

Oct 29

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

CEO Compensation Analysis

How has Bharat Masrani's remuneration changed compared to Toronto-Dominion Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jan 31 2024n/an/a

CA$11b

Oct 31 2023CA$13mCA$1m

CA$10b

Jul 31 2023n/an/a

CA$14b

Apr 30 2023n/an/a

CA$14b

Jan 31 2023n/an/a

CA$15b

Oct 31 2022CA$15mCA$1m

CA$17b

Jul 31 2022n/an/a

CA$14b

Apr 30 2022n/an/a

CA$15b

Jan 31 2022n/an/a

CA$15b

Oct 31 2021CA$13mCA$1m

CA$14b

Jul 31 2021n/an/a

CA$15b

Apr 30 2021n/an/a

CA$14b

Jan 31 2021n/an/a

CA$12b

Oct 31 2020CA$11mCA$1m

CA$12b

Jul 31 2020n/an/a

CA$9b

Apr 30 2020n/an/a

CA$10b

Jan 31 2020n/an/a

CA$12b

Oct 31 2019CA$13mCA$1m

CA$11b

Jul 31 2019n/an/a

CA$12b

Apr 30 2019n/an/a

CA$11b

Jan 31 2019n/an/a

CA$11b

Oct 31 2018CA$15mCA$1m

CA$11b

Jul 31 2018n/an/a

CA$11b

Apr 30 2018n/an/a

CA$10b

Jan 31 2018n/an/a

CA$10b

Oct 31 2017CA$12mCA$1m

CA$10b

Compensation vs Market: Bharat's total compensation ($USD9.80M) is about average for companies of similar size in the US market ($USD13.51M).

Compensation vs Earnings: Bharat's compensation has been consistent with company performance over the past year.


CEO

Bharat Masrani (66 yo)

9.4yrs

Tenure

CA$13,383,751

Compensation

Mr. Bharat B. Masrani has been Director of The Charles Schwab Corporation since October 06, 2020. He has been Chief Executive Officer and Group President at The Toronto-Dominion Bank since November 1, 2014...


Leadership Team

NamePositionTenureCompensationOwnership
Bharat Masrani
Group President9.4yrsCA$13.38m0.073%
CA$ 75.7m
Kelvin Vi Tran
Group Head & CFO2.6yrsCA$4.33m0.00098%
CA$ 1.0m
Riaz Ahmed
Group Head of Wholesale Banking20.3yrsCA$8.13m0.027%
CA$ 27.8m
Leovigildo Salom
Group Head U.S. Retail and President & CEO of America's Most Convenient Bank6.4yrsCA$6.40m0%
CA$ 0
Salma Salman
Chief Accountant & Senior VP of Financeno datano datano data
Greg Keeley
Senior Executive Vice President of Technology & Platforms2.3yrsno data0%
CA$ 0
Judy Dinn
Chief Information Officer2.3yrsno datano data
Brooke Hales
Head of Investor Relationsno datano datano data
Jane Langford
Executive VP & General Counsel2.3yrsno data0.000020%
CA$ 20.8k
Renu Gupta
Senior Vice President of Corporate Developmentno datano datano data
Betsey Chung
EVP & Global Chief Marketing Officerno datano datano data
Kenneth Lalonde
Senior EVP & Chief Human Resources Officer2.8yrsno data0.000040%
CA$ 41.7k

2.7yrs

Average Tenure

Experienced Management: TD's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bharat Masrani
Group President10yrsCA$13.38m0.073%
CA$ 75.7m
Claude Mongeau
Independent Director9.1yrsCA$272.50k0.0026%
CA$ 2.7m
Karen Maidment
Independent Director12.6yrsCA$648.60k0.00066%
CA$ 687.9k
Amy Brinkley
Independent Director13.6yrsCA$794.04k0.00014%
CA$ 145.9k
Mary Winston
Independent Director1.7yrsCA$579.92k0.000010%
CA$ 10.4k
Colleen Goggins
Independent Director12.1yrsCA$280.00k0.00050%
CA$ 521.1k
S. Rowe
Independent Director4yrsCA$262.50k0.00090%
CA$ 938.0k
Ajay Virmani
Independent Director1.7yrsCA$260.00k0.00067%
CA$ 698.3k
Brian Ferguson
Independent Director9.1yrsCA$282.50k0.00026%
CA$ 271.0k
Nancy Tower
Independent Director1.8yrsCA$291.25k0.000060%
CA$ 62.5k
Alan MacGibbon
Independent Chairman10yrsCA$857.65k0.00023%
CA$ 239.7k
Cherie Brant
Independent Director2.7yrsCA$260.00k0.000090%
CA$ 93.8k

9.1yrs

Average Tenure

65yo

Average Age

Experienced Board: TD's board of directors are considered experienced (9.1 years average tenure).


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