# Toronto-Dominion Bank share price today (The Toronto-Dominion Bank, TD)

> The Toronto-Dominion Bank's earnings have grown faster than its share price. Earnings per share grew +144.9% in a year while the price moved +51.9%. TD · Financials · Banks - Diversified · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/td

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: $124.74 (+51.9% in a year)
- P/BV: 2.3× (higher than 100% of the last 5.2 years)
- Revenue (Jul 2026): $16.0 B (+11.5% on a year ago)
- Profit (Jul 2026): $4.5 B (+39.2% on a year ago)
- Net margin: 28.3% (+5.6 points on a year ago)
- ROE: 13%, FY25
- ROA: 0.78%, latest

The main question: yearly earnings per share moved +144.9% while the share price moved +51.9%. ## What is the Toronto-Dominion Bank share price today? The Toronto-Dominion Bank's share price was $124.74 at the close on 3 November 2026. It has been rising for 75 weeks. That is 12.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between $81 and $125, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 3 weeks in a row. Over the last 10 years the share price moved +195% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Toronto-Dominion Bank pay? The Toronto-Dominion Bank paid $4.33 per share over the last four reported quarters. The most recent declaration was $1.12 for Jul 2026. At today's price of $124.74 that is a yield of 3.47%, based on dividends already paid, not a forecast. ## Which stock lists is Toronto-Dominion Bank on? Toronto-Dominion Bank is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Toronto-Dominion Bank profitable? The Toronto-Dominion Bank earned $4.5 B of net profit in the Jul 2026 quarter, +39.2% on the same quarter a year earlier. Full-year FY25 profit was $20.0 B. Over 4 years profit has grown 9.2% a year on average. That is 28.3% of the quarter's revenue. The same quarter a year earlier earned $3.2 B. 1 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $20.0 B (+140.2% on the year before). Why profit moved: revenue changed +11.5% on a year earlier and the margin moved +5.6 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +2.9% and revenue +0.0%. Profit and revenue are moving at about the same pace. ## How much revenue does Toronto-Dominion Bank make, and is it growing? The Toronto-Dominion Bank reported $16.0 B of income in the Jul 2026 quarter, +11.5% on the same quarter a year earlier. Over 4 years it has grown 10.2% a year on average. The last full year, FY25, came in at $63.3 B. The last four reported quarters add to $60.8 B. FY25 revenue was $63.3 B, +18.8% on the year before. Recent pace: the last four quarters grew +0.0% on average, against 10.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −4.1%, against +7.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −23.2%, against +43.8% a year (rolling over). ## How much does Toronto-Dominion Bank keep from what it earns? The Toronto-Dominion Bank's net margin was 28.3% in the Jul 2026 quarter, 5.6 percentage points higher than the same quarter a year ago. Across 5 years it has been between 15.6% and 36.0%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Toronto-Dominion Bank's loans have gone bad? The Toronto-Dominion Bank does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Toronto-Dominion Bank's loan book growing? The Toronto-Dominion Bank's revenue was $63.3 B in FY25, +18.8% on the year before, so the loan book is growing. The latest quarter was +11.5% on a year earlier. The net margin on that income is 28.3%, +5.6 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is Toronto-Dominion Bank's P/BV ratio, and how does it compare with its own history? The Toronto-Dominion Bank's P/BV is 2.3×, about the highest it has ever been. Its usual P/BV (the middle reading) is 1.1×, over 5.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about 13% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve. Why the multiple is where it is: over the past year book value grew while the price moved +51.9%. The price ran ahead of book value, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +11.2% a year; about +7.5% a year came from book-value growth and about +3.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple. ## Is the Toronto-Dominion Bank business getting better or worse? The Toronto-Dominion Bank's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −4.1% in the latest quarter, against +23.6% at its best in 12 quarters, with ROE falling at 12.3%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Toronto-Dominion Bank earn on its equity and assets? The Toronto-Dominion Bank earned a return on equity of 16% in FY25. Its lowest yearly reading on file was 7% in FY24. On its assets, every $100 earned about $0.78, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew 9.2% a year over 4 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does Toronto-Dominion Bank have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Toronto-Dominion Bank shareholding pattern? 1.0% of The Toronto-Dominion Bank's tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 8.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Toronto-Dominion Bank from balance-sheet trouble? For The Toronto-Dominion Bank, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Toronto-Dominion Bank rank in its industry? 42.6 out of 100, rank 16 of 18 in Banks - Diversified, with 80% of the evidence available. The Toronto-Dominion Bank scores 42.6 out of 100 against the 18 companies it is compared with in Banks - Diversified, ranking 16. Relative strength against the index is 11.6%, and revenue and profit growth are weak. The four parts add up to the total exactly: 3.3 + 11.2 + 8.6 + 19.5 = 42.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Toronto-Dominion Bank compared with? Toronto-Dominion Bank ranks 16 of 18 Banks - Diversified companies on the 4-Factor Sector Score, with 42.6 out of 100. 1. [JPMorgan Chase & Co.](https://www.sectoralpha.in/us/stocks/jpm) JPM · quiet · Most evidence points up · 80% evidence 70.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.2/35 · Income 14.1% · Profit 13.9% · 81% evidence Capital efficiency 20.1/25 · ROA 1.7% · ROE 22.9% · GNPA n/a · 68% evidence Valuation 12.9/20 · P/BV 2.36× · P/BV÷ROE 0.1 · 70% evidence Relative strength 13.5/20 · Lead over its industry 0.3% · Lead over S&P 500 0.2% · 1 year 7.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 24.2 + 20.1 + 12.9 + 13.5 = 70.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [The Bank of New York Mellon Corporation](https://www.sectoralpha.in/us/stocks/bny) BNY · quiet · Evidence leans up · 80% evidence 64.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Income 11.5% · Profit 25.6% · 81% evidence Capital efficiency 17.0/25 · ROA 1.3% · ROE 15.8% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 2.22× · P/BV÷ROE 0.14 · 70% evidence Relative strength 16.0/20 · Lead over its industry 6.4% · Lead over S&P 500 6% · 1 year 36.2% · 100% evidence · 5 of 12 weeks ahead Exact sum: 21.9 + 17 + 9.8 + 16 = 64.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Canadian Imperial Bank of Commerce](https://www.sectoralpha.in/us/stocks/cm) CM · turning · Evidence leans up · 80% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Income 15.3% · Profit 23.7% · 81% evidence Capital efficiency 13.8/25 · ROA 0.9% · ROE 15% · GNPA n/a · 68% evidence Valuation 9.0/20 · P/BV 2.25× · P/BV÷ROE 0.15 · 70% evidence Relative strength 16.6/20 · Lead over its industry 5.8% · Lead over S&P 500 5.6% · 1 year 37.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.7 + 13.8 + 9 + 16.6 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [The Bank of Nova Scotia](https://www.sectoralpha.in/us/stocks/bns) BNS · turning · Evidence leans up · 80% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/35 · Income 11.6% · Profit 42.3% · 81% evidence Capital efficiency 8.5/25 · ROA 0.7% · ROE 11.9% · GNPA n/a · 68% evidence Valuation 11.0/20 · P/BV 1.65× · P/BV÷ROE 0.14 · 70% evidence Relative strength 19.4/20 · Lead over its industry 11.4% · Lead over S&P 500 11.1% · 1 year 40.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 22.4 + 8.5 + 11 + 19.4 = 61.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [HSBC Holdings plc](https://www.sectoralpha.in/us/stocks/hsbc) HSBC · quiet · Evidence leans up · 80% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Income 16.4% · Profit 59.4% · 81% evidence Capital efficiency 14.1/25 · ROA 0.9% · ROE 16.1% · GNPA n/a · 68% evidence Valuation 13.0/20 · P/BV 1.73× · P/BV÷ROE 0.11 · 70% evidence Relative strength 2.0/20 · Lead over its industry -9.8% · Lead over S&P 500 -10.1% · 1 year 18.5% · 100% evidence · 5 of 12 weeks ahead Exact sum: 29.9 + 14.1 + 13 + 2 = 59 · What this means: Earnings are strong; relative strength in its sector is -9.8% and the one-year return is 18.5%. 6. [Royal Bank of Canada](https://www.sectoralpha.in/us/stocks/ry) RY · quiet · Evidence leans up · 80% evidence 55.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Income 11.4% · Profit 18.6% · 81% evidence Capital efficiency 14.2/25 · ROA 0.9% · ROE 15.7% · GNPA n/a · 68% evidence Valuation 6.9/20 · P/BV 2.81× · P/BV÷ROE 0.18 · 70% evidence Relative strength 16.1/20 · Lead over its industry 5.8% · Lead over S&P 500 5.5% · 1 year 40% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.7 + 14.2 + 6.9 + 16.1 = 55.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [UBS Group AG](https://www.sectoralpha.in/us/stocks/ubs) UBS · quiet · Evidence leans up · 76% evidence 55.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Income 10.7% · Profit 51.5% · 71% evidence Capital efficiency 9.2/25 · ROA 0.7% · ROE 13.4% · GNPA n/a · 68% evidence Valuation 11.7/20 · P/BV 1.72× · P/BV÷ROE 0.13 · 70% evidence Relative strength 9.9/20 · Lead over its industry -0.6% · Lead over S&P 500 -0.9% · 1 year 25.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 24.8 + 9.2 + 11.7 + 9.9 = 55.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Citigroup Inc.](https://www.sectoralpha.in/us/stocks/c) C · quiet · Evidence leans up · 80% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Income 11.1% · Profit 32.9% · 81% evidence Capital efficiency 9.3/25 · ROA 0.8% · ROE 11.3% · GNPA n/a · 68% evidence Valuation 16.1/20 · P/BV 1.03× · P/BV÷ROE 0.09 · 70% evidence Relative strength 6.3/20 · Lead over its industry -4.9% · Lead over S&P 500 -5.1% · 1 year 21.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.8 + 9.3 + 16.1 + 6.3 = 55.5 · What this means: Earnings are strong; relative strength in its sector is -4.9% and the one-year return is 21.7%. 9. [The Bank of N.T. Butterfield & Son Limited](https://www.sectoralpha.in/us/stocks/ntb) NTB · quiet · Evidence leans up · 76% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Income 5.9% · Profit 6.8% · 71% evidence Capital efficiency 20.4/25 · ROA 1.8% · ROE 22% · GNPA n/a · 68% evidence Valuation 14.1/20 · P/BV 2.04× · P/BV÷ROE 0.09 · 70% evidence Relative strength 5.0/20 · Lead over its industry -4.9% · Lead over S&P 500 -5.1% · 1 year 20.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.8 + 20.4 + 14.1 + 5 = 54.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Wells Fargo & Company](https://www.sectoralpha.in/us/stocks/wfc) WFC · turning · Evidence leans up · 80% evidence 54.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Income 5.1% · Profit 10% · 81% evidence Capital efficiency 15.3/25 · ROA 1.2% · ROE 14.7% · GNPA n/a · 68% evidence Valuation 15.1/20 · P/BV 1.36× · P/BV÷ROE 0.09 · 70% evidence Relative strength 10.2/20 · Lead over its industry -4.2% · Lead over S&P 500 -4.1% · 1 year -0.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 13.4 + 15.3 + 15.1 + 10.2 = 54 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 11. [Bank of Montreal](https://www.sectoralpha.in/us/stocks/bmo) BMO · quiet · Evidence leans up · 80% evidence 52.2 out of 100 Growth Capital Valuation Relative
12. [ING Groep N.V.](https://www.sectoralpha.in/us/stocks/ing) ING · quiet · Evidence leans down · 76% evidence 48.5 out of 100 Growth Capital Valuation Relative
13. [Banco Bilbao Vizcaya Argentaria, S.A.](https://www.sectoralpha.in/us/stocks/bbva) BBVA · quiet · Evidence leans down · 76% evidence 48.1 out of 100 Growth Capital Valuation Relative
14. [Barclays PLC](https://www.sectoralpha.in/us/stocks/bcs) BCS · basing · Evidence leans down · 80% evidence 43.8 out of 100 Growth Capital Valuation Relative
15. [Bank of America Corporation](https://www.sectoralpha.in/us/stocks/bac) BAC · quiet · Evidence leans down · 80% evidence 43.8 out of 100 Growth Capital Valuation Relative
16. The Toronto-Dominion Bank this page TD · turning · Evidence leans down · 80% evidence 42.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 3.3/35 · Income -4.1% · Profit -23.3% · 81% evidence Capital efficiency 11.2/25 · ROA 0.8% · ROE 13.6% · GNPA n/a · 68% evidence Valuation 8.6/20 · P/BV 2.19× · P/BV÷ROE 0.16 · 70% evidence Relative strength 19.5/20 · Lead over its industry 11.9% · Lead over S&P 500 11.6% · 1 year 54.2% · 100% evidence · 2 of 12 weeks ahead Exact sum: 3.3 + 11.2 + 8.6 + 19.5 = 42.6 · What this means: Relative strength against the index is 11.6%, and revenue and profit growth are weak. 17. [Banco Santander, S.A.](https://www.sectoralpha.in/us/stocks/san) SAN · quiet · Evidence leans down · 76% evidence 39.7 out of 100 Growth Capital Valuation Relative
18. Forbright, Inc. FRBT · turning · Too little evidence to rank firmly · 33% evidence 43.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Banks - Diversified](https://www.sectoralpha.in/us/sectors/banks-diversified), all 18 compared on one page. ## Which companies are close to Toronto-Dominion Bank in size? Toronto-Dominion Bank is the 7th largest of 19 Banks - Diversified companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Royal Bank of Canada, Wells Fargo & Company and Mitsubishi UFJ Financial Group, Inc. Just below it: Citigroup Inc., Banco Santander, S.A. and Sumitomo Mitsui Financial Group, Inc. ### Banks - Diversified companies close in size

1. [Royal Bank of Canada](https://www.sectoralpha.in/us/stocks/ry) $282.3 billion
2. [Wells Fargo & Company](https://www.sectoralpha.in/us/stocks/wfc) $256.7 billion
3. [Mitsubishi UFJ Financial Group, Inc.](https://www.sectoralpha.in/us/stocks/mufg) $241.3 billion
4. The Toronto-Dominion Bank $204 billion
5. [Citigroup Inc.](https://www.sectoralpha.in/us/stocks/c) $203.1 billion
6. [Banco Santander, S.A.](https://www.sectoralpha.in/us/stocks/san) $164.2 billion
7. [Sumitomo Mitsui Financial Group, Inc.](https://www.sectoralpha.in/us/stocks/smfg) $150.7 billion

[All 19 Banks - Diversified companies, largest first](https://www.sectoralpha.in/us/sectors/banks-diversified#all-companies)

### Companies close in size in other industries

1. [Arm Holdings plc](https://www.sectoralpha.in/us/stocks/arm) $210.2 billion · Semiconductors
2. [Arista Networks, Inc.](https://www.sectoralpha.in/us/stocks/anet) $207 billion · Computer Hardware
3. The Toronto-Dominion Bank $204.6 billion
4. [Citigroup Inc.](https://www.sectoralpha.in/us/stocks/c) $203.8 billion · Banks - Diversified
5. [BHP Group Limited](https://www.sectoralpha.in/us/stocks/bhp) $202.4 billion · Other Industrial Metals & Mining

## What else do people ask about Toronto-Dominion Bank? ### What were Toronto-Dominion Bank's latest quarterly results? The Toronto-Dominion Bank reported total income of $16.0 B and net profit of $4.5 B for the Jul 2026 quarter. Income rose 11.5% and profit rose 39.2% compared with a year earlier. Earnings per share were $2.74. The net margin was 28.3%, 5.6 percentage points higher than a year earlier (as of 3 November 2026). ### What is Toronto-Dominion Bank's market cap? The Toronto-Dominion Bank's market capitalisation is $204 B at a stock price of $124.74. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Toronto-Dominion Bank performing? The Toronto-Dominion Bank's share price has been rising for 75 weeks. In its latest quarter, income rose 11.5% and profit rose 39.2% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 3 weeks running (as of 3 November 2026). ### Will Toronto-Dominion Bank's stock price go up? This page does not forecast The Toronto-Dominion Bank's stock price. What it shows instead: the stock price is $124.74, and it has been rising for 75 weeks. Its P/BV of 2.3× is higher than 100% of its own last 5 years (as of 3 November 2026). ### Where is Toronto-Dominion Bank in its business cycle? The Toronto-Dominion Bank's FY25 net margin was 31.6%, against a 5-year range of 15.6% to 36.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 28.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Toronto-Dominion Bank story? The main question: yearly earnings per share moved +144.9% while the share price moved +51.9%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Toronto-Dominion Bank a stock worth studying right now? What the numbers show: The Toronto-Dominion Bank's earnings have grown faster than its share price. Earnings per share grew +144.9% in a year while the price moved +51.9%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.