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Toronto Dominion Bank Stock – Price, Dividend & Analysis

Ethan Owen Fraser Walker • 2026-04-12 • Reviewed by Maya Thompson

Toronto Dominion Bank continues to command significant attention among investors tracking Canadian banking sector performance. As one of Canada’s Big Six financial institutions, TD Bank offers exposure to both domestic and international markets through its extensive branch network and diversified business lines. The bank’s stock trades under the symbol TD.TO on the Toronto Stock Exchange and TD on the New York Stock Exchange, providing accessibility for investors across North America. Understanding the current valuation metrics, historical performance patterns, and upcoming catalysts remains essential for anyone evaluating this financial institution as a potential investment opportunity.

Market observers note that recent quarterly results have shown mixed signals, with earnings per share exceeding analyst expectations while net income declined substantially from previous periods. The upcoming earnings announcement scheduled for December 4, 2025, will provide additional insight into the bank’s trajectory and management’s outlook for the remainder of the fiscal year.

What Is the Current Price and Performance of TD Stock?

Current Price
139.28 CAD
+0.97% (24h)
Market Capitalization
195.07B CAD
TSX: TD.TO
Dividend Yield
3.68%
Indicated annual
P/E Ratio (TTM)
9.78
Trailing twelve months

Key observations emerge when examining Toronto Dominion Bank’s positioning relative to broader market movements. The stock exhibits a beta of 0.20, suggesting considerably lower sensitivity to market swings compared to the overall index. This characteristic may appeal to investors seeking reduced volatility exposure while maintaining banking sector participation.

Recent trading activity shows modest weekly movement, with shares declining 0.28% over the past week. The 1.51% intraday volatility figure indicates relatively stable price action during recent sessions. Investors monitoring real-time TD quotes on TradingView can track these dynamics as they develop throughout trading hours.

  • The latest quarterly earnings per share of 2.20 CAD surpassed analyst estimates of 2.05 CAD, representing a 7.06% positive surprise
  • Revenue of 14.05 billion CAD exceeded consensus expectations of 13.74 billion CAD, demonstrating solid top-line performance
  • Net income of 3.34 billion CAD reflects a 70% decline compared to the prior quarter’s 11.13 billion CAD
  • Basic earnings per share over the trailing twelve months stands at 11.69 CAD
  • Low beta of 0.20 indicates defensive characteristics suitable for risk-conscious portfolios
  • The stock’s all-time high of 114.24 CAD was recorded on September 30, 2025, while the all-time low of 5.75 CAD occurred on April 11, 1996
Metric Value Context
Current Price 139.28 CAD TSX trading session
52-Week High 114.24 CAD September 30, 2025
52-Week Low 5.75 CAD April 11, 1996
Beta 0.20 Lower market sensitivity
Volatility 1.51% Intraday measure
Market Cap 195.07 billion CAD TSX-listed shares
P/E Ratio 9.78 Trailing twelve months
EPS (Quarterly) 2.20 CAD Beat estimate by 7.06%
Revenue 14.05 billion CAD Latest quarter
Dividend Yield 3.68% Indicated annual rate

Is TD Stock a Good Buy in 2025?

Evaluating Investment Fundamentals

Assessing whether Toronto Dominion Bank represents a compelling investment opportunity requires examining multiple dimensions of financial health and market positioning. The trailing P/E ratio of 9.78 suggests the stock may trade at a discount relative to growth expectations, though investors should consider that recent net income declines warrant careful analysis of underlying drivers. Those interested in broader Canadian banking sector trends may find it useful to explore how exchange rate dynamics between the Canadian dollar and euro influence cross-border investment returns and competitive positioning within the financial services industry.

The substantial 70% quarter-over-quarter decline in net income—from 11.13 billion CAD to 3.34 billion CAD—raises questions about the sustainability of recent performance levels. However, the positive earnings surprise and revenue beat indicate that core business operations continue generating solid results even as the bottom line experienced compression.

Important Consideration

The discrepancy between the current price figure (139.28 CAD) and the 52-week high (114.24 CAD) noted in September 2025 suggests either data source variations or significant price appreciation during the intervening period. Investors should verify current pricing through official TD investor relations resources before making investment decisions.

Peer Comparison and Competitive Position

Toronto Dominion Bank operates within Canada’s concentrated banking landscape, competing against five other major institutions including Royal Bank of Canada and Bank of Montreal. TD provides tools enabling direct stock performance comparisons against these peers, allowing investors to assess relative positioning across various timeframes.

Forward Guidance and Catalysts

Looking ahead, analysts project the next quarterly earnings at approximately 2.01 CAD per share, with revenue expectations around 13.82 billion CAD. The scheduled December 4, 2025 earnings announcement will provide updated guidance and management commentary on the bank’s strategic priorities. Investors interested in exploring Morningstar’s independent analysis of growth trends and sustainability metrics can access detailed research through their platform.

What Is TD Stock’s Dividend Yield and History?

Current Dividend Metrics

Toronto Dominion Bank currently offers an indicated dividend yield of 3.68%, representing a meaningful return component for income-focused investors. This yield positions TD among competitive dividend-paying options within the Canadian banking sector, where consistent payout policies have historically attracted long-term shareholders.

Detailed historical dividend data and price information are available through TD’s dedicated investor relations portal. The bank maintains comprehensive records of dividend payments dating back decades, enabling investors to analyze payout patterns across multiple market cycles and economic conditions.

Financial Performance Context

Understanding the dividend sustainability requires examining recent financial trends alongside payout ratios. The trailing twelve-month basic EPS of 11.69 CAD provides context for evaluating whether current dividend levels appear supportable given earnings generation capacity. The discrepancy between quarterly EPS of 2.20 CAD and the TTM figure of 11.69 CAD warrants investigation into the composition of earnings across recent periods.

Historical Context

TD’s stock has traded on the TSX since January 2, 1973, with adjusted historical prices available through the bank’s investor tools. This extensive trading history provides valuable perspective for evaluating long-term value creation and dividend growth trajectories across multiple economic environments.

What Is the Stock Symbol for Toronto Dominion Bank and How to Buy It?

Trading Symbols and Exchange Listings

Toronto Dominion Bank common shares trade on two major North American exchanges under distinct ticker symbols. On the Toronto Stock Exchange, investors use the symbol TD.TO, while the New York Stock Exchange listing uses simply TD. This dual exchange presence accommodates both Canadian and international investors seeking convenient access to the bank’s equity securities.

Investment Platforms and Resources

Several platforms offer comprehensive tools for monitoring and executing TD stock transactions. TradingView provides interactive charting capabilities with real-time quotes, volatility metrics, and beta information useful for technical and fundamental analysis. For those preferring official bank resources, TD’s investor relations site offers dedicated stock performance tools with peer benchmarking features.

Practical Steps for Prospective Investors

Investors interested in acquiring TD shares should begin by establishing an account with a brokerage firm that supports either TSX or NYSE trading, depending on their preference for Canadian or US market execution. After funding the account, placing orders for TD.TO (TSX) or TD (NYSE) can be accomplished through standard market or limit order mechanisms.

Investment Considerations

The stock’s low beta of 0.20 suggests reduced volatility compared to broader market movements, potentially making it suitable for conservative investors seeking banking sector exposure. However, quarterly earnings variability—with recent net income declining 70% sequentially—indicates that fundamental risks remain present despite defensive price characteristics.

Historical Performance Timeline

Examining Toronto Dominion Bank’s stock journey reveals significant evolution across multiple market cycles and economic conditions. The following milestones provide context for understanding the bank’s current valuation and future prospects.

  1. April 1996: Stock reaches all-time low of 5.75 CAD, representing a potential accumulation period during challenging market conditions
  2. 2020: COVID-19 pandemic creates significant market disruption, followed by recovery period as central banks implement supportive monetary policies
  3. 2022: Interest rate hiking cycle begins, providing tailwinds for bank earnings and net interest margins across the sector
  4. September 2025: Stock establishes recent high of 114.24 CAD amid evolving interest rate expectations
  5. December 4, 2025: Next scheduled earnings announcement, providing updated financial performance and forward guidance

Historical daily share prices extending back to 1973 are available through TD’s investor relations platform, offering comprehensive data for investors conducting thorough historical analysis. The official historical share price tool allows filtering by date ranges and includes adjustments for splits and dividends.

What’s Known and What Remains Uncertain

Established Information Uncertain or Unclear Areas
Current trading price of 139.28 CAD on TSX Precise reasoning behind 70% sequential net income decline
3.68% indicated dividend yield Forward guidance sustainability beyond Q4 2025
Latest quarter EPS beat by 7.06% Specific impact of macroeconomic factors on 2025 performance
Next earnings date: December 4, 2025 Analyst consensus price targets and rating distribution
9.78 trailing P/E ratio Regulatory developments affecting capital requirements
Q4 2025 estimates: EPS 2.01 CAD, revenue 13.82 billion CAD Specific exposure to US market developments and credit quality trends

Market Context and Competitive Landscape

Toronto Dominion Bank operates as one of Canada’s Big Six financial institutions, commanding substantial market presence through its extensive branch network and diversified business segments spanning retail banking, wealth management, and wholesale banking operations. The Canadian banking sector’s concentrated structure provides these institutions with significant competitive advantages including regulatory barriers to entry and established customer relationships.

Macroenvironmental factors including interest rate trajectories, housing market conditions, and broader economic growth substantially influence bank performance metrics. The interplay between Bank of Canada policy decisions and Federal Reserve positioning affects net interest margins and credit quality across the sector. Investors monitoring government benefit payment schedules may gain additional perspective on consumer financial health indicators that influence banking performance.

Fixed income alternatives such as TD-issued bonds warrant consideration alongside equity positions. Trading data indicates bonds like TD5435241 maturing June 2028 offer yields to maturity of 99.22%, representing yield pickup opportunities for investors seeking fixed-income exposure within the TD corporate family.

Data Sources and Credibility

Investors relying on stock information should understand the provenance and limitations of various data sources. Official exchange feeds provide real-time pricing with high reliability, while third-party aggregators may introduce slight delays or interpretive variations. TD’s own investor relations resources represent primary source documentation for historical prices, dividend payments, and financial filings.

Financial data in this analysis derives from TradingView market data, TD official investor relations, and independent research providers including Morningstar. All price and financial metric data should be verified against official sources before making investment decisions, as market information changes continuously throughout trading sessions.

Summary

Toronto Dominion Bank stock presents a complex investment profile requiring careful evaluation of multiple factors. The current valuation metrics—including a 9.78 P/E ratio and 3.68% dividend yield—suggest potential value for income-oriented investors, while the notably low beta of 0.20 indicates defensive characteristics that may appeal during periods of market uncertainty. However, the substantial sequential decline in quarterly net income warrants close examination of underlying business drivers and forward guidance. The upcoming December 4, 2025 earnings announcement will provide critical updated information for reassessing the bank’s near-term trajectory and investment merit.

Frequently Asked Questions

What exchange does Toronto Dominion Bank trade on?
TD trades on the Toronto Stock Exchange under symbol TD.TO and on the New York Stock Exchange under symbol TD. Both listings provide access for North American and international investors.
When is TD’s next earnings announcement?
The next scheduled earnings release is December 4, 2025, when Q4 2025 results will be announced along with management’s updated outlook.
What caused the 70% decline in TD’s net income last quarter?
While specific drivers require official disclosure review, sequential net income compressed from 11.13 billion CAD to 3.34 billion CAD. The exact factors driving this decline warrant examination of the earnings transcript and regulatory filings.
How does TD compare to other Canadian bank stocks?
TD competes among Canada’s Big Six banks including RBC and BMO. Its official investor tools enable direct performance comparisons across custom time periods with peer institutions.
What is TD’s dividend payment frequency?
Canadian banks typically pay dividends quarterly. Detailed historical dividend payment dates and amounts are available through TD’s investor relations historical dividend records.
Is TD stock suitable for conservative investors?
The stock’s low beta of 0.20 indicates reduced market sensitivity compared to broader indices, potentially appealing to risk-conscious investors. However, fundamental risks including earnings variability remain relevant considerations.
Where can I access historical TD stock prices?
Daily historical prices dating to January 1973 are available through TD’s official investor relations share price tool, with data adjusted for splits and dividends.


Ethan Owen Fraser Walker

About the author

Ethan Owen Fraser Walker

Coverage is updated through the day with transparent source checks.