Toronto-Dominion Bank Past Earnings Performance
Past criteria checks 2/6
Toronto-Dominion Bank has been growing earnings at an average annual rate of 4.9%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 7.4% per year. Toronto-Dominion Bank's return on equity is 10.7%, and it has net margins of 22.8%.
Key information
4.9%
Earnings growth rate
5.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 7.4% |
| Return on equity | 10.7% |
| Net Margin | 22.8% |
| Next Earnings Update | 23 May 2024 |
Recent past performance 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 17Revenue & Expenses BreakdownBeta
How Toronto-Dominion Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Jan 24 | 50,403 | 11,471 | 24,518 | 0 |
| 31 Oct 23 | 49,201 | 10,219 | 23,802 | 0 |
| 31 Jul 23 | 50,237 | 14,092 | 23,050 | 0 |
| 30 Apr 23 | 48,798 | 14,374 | 22,144 | 0 |
| 31 Jan 23 | 48,043 | 14,978 | 21,246 | 0 |
| 31 Oct 22 | 47,741 | 17,170 | 20,501 | 0 |
| 31 Jul 22 | 43,859 | 14,324 | 19,831 | 0 |
| 30 Apr 22 | 44,034 | 14,642 | 19,292 | 0 |
| 31 Jan 22 | 43,627 | 14,527 | 18,941 | 0 |
| 31 Oct 21 | 42,917 | 14,049 | 18,777 | 0 |
| 31 Jul 21 | 42,780 | 15,410 | 18,628 | 0 |
| 30 Apr 21 | 40,508 | 14,101 | 18,562 | 0 |
| 31 Jan 21 | 37,213 | 11,918 | 18,341 | 0 |
| 31 Oct 20 | 36,404 | 11,628 | 18,155 | 0 |
| 31 Jul 20 | 34,926 | 9,337 | 17,540 | 0 |
| 30 Apr 20 | 36,293 | 10,343 | 17,131 | 0 |
| 31 Jan 20 | 38,578 | 12,006 | 16,756 | 0 |
| 31 Oct 19 | 38,036 | 11,416 | 17,440 | 0 |
| 31 Jul 19 | 38,053 | 11,519 | 16,285 | 0 |
| 30 Apr 19 | 37,547 | 11,361 | 16,078 | 0 |
| 31 Jan 19 | 36,878 | 11,097 | 15,648 | 0 |
| 31 Oct 18 | 36,412 | 11,048 | 15,212 | 0 |
| 31 Jul 18 | 35,638 | 10,784 | 14,788 | 0 |
| 30 Apr 18 | 35,081 | 10,449 | 14,598 | 0 |
| 31 Jan 18 | 34,128 | 10,030 | 14,603 | 0 |
| 31 Oct 17 | 33,986 | 10,203 | 14,649 | 0 |
| 31 Jul 17 | 33,438 | 9,807 | 14,665 | 0 |
| 30 Apr 17 | 32,802 | 9,407 | 14,467 | 0 |
| 31 Jan 17 | 32,504 | 8,967 | 14,319 | 0 |
| 31 Oct 16 | 31,985 | 8,680 | 14,042 | 0 |
| 31 Jul 16 | 31,326 | 8,233 | 13,838 | 0 |
| 30 Apr 16 | 30,750 | 8,153 | 13,732 | 0 |
| 31 Jan 16 | 30,459 | 7,973 | 13,538 | 0 |
| 31 Oct 15 | 29,743 | 7,813 | 13,414 | 0 |
| 31 Jul 15 | 29,286 | 7,716 | 13,365 | 0 |
| 30 Apr 15 | 28,888 | 7,558 | 13,225 | 0 |
| 31 Jan 15 | 28,547 | 7,673 | 13,060 | 0 |
| 31 Oct 14 | 28,404 | 7,633 | 12,557 | 0 |
| 31 Jul 14 | 27,971 | 7,486 | 12,584 | 0 |
| 30 Apr 14 | 27,408 | 6,890 | 12,334 | 0 |
| 31 Jan 14 | 26,555 | 6,610 | 12,158 | 0 |
| 31 Oct 13 | 25,628 | 6,350 | 11,929 | 0 |
| 31 Jul 13 | 26,782 | 6,321 | 11,804 | 0 |
| 30 Apr 13 | 25,577 | 6,490 | 11,596 | 0 |
Quality Earnings: TD has high quality earnings.
Growing Profit Margin: TD's current net profit margins (22.8%) are lower than last year (31.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TD's earnings have grown by 4.9% per year over the past 5 years.
Accelerating Growth: TD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TD had negative earnings growth (-23.4%) over the past year, making it difficult to compare to the Banks industry average (-10.2%).
Return on Equity
High ROE: TD's Return on Equity (10.7%) is considered low.