Toronto-Dominion Bank's (NYSE: TD) shares have risen more than 60% during the past year. Given that, you might assume that the Canadian banking giant is hitting on all cylinders today. However, that's just not the case. And these three things could put its business into a higher gear if they go right. 1. TD Bank needs to fix its U.S. business The big problem for TD Bank, as this financial giant is commonly known, is its U.S. division. This business segment was expected to be the company's growth driver, ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. When TD gets customers, it doesn’t lose them, executive Marc Womack said. But maintaining that position amid a highly competitive landscape in which it’s easier than ever to open accounts and move money digitally requires adaptation, he noted. “That’s really our focus going forward: How do we make sure that, as the market moves and as capabilities and expectation ...

Group 1 - The actual taxable amounts of reinvested and cash distributions for 2025 will be reported to brokers within the first 60 days of 2026 [1] - TD Asset Management Inc. provides information regarding per-unit reinvested distributions [1] - The information is drawn from sources believed to be reliable, but does not provide financial, legal, tax, or investment advice [1] Group 2 - Commissions, management fees, and expenses may be associated with investments in exchange-traded funds (ETFs) [2] - TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank [2] - ETF units are bought and sold at market price on a stock exchange, and brokerage commissions will reduce returns [2] Group 3 - TD Bank Group includes The Toronto-Dominion Bank and its affiliates, providing various financial products and services [3] - The TD logo and other trademarks are owned by The Toronto-Dominion Bank or its subsidiaries [3] Group 4 - TD Asset Management Inc. is mentioned as the source of the information [4]

Core Viewpoint - Toronto-Dominion Bank (TD) is facing significant regulatory, financial, and operational challenges, particularly related to an ongoing money laundering investigation by the U.S. Department of Justice, which may impact its growth in the U.S. market [1][2]. Regulatory Situation - The investigation into the money laundering case involving former Vice President Wilfredo Aquino of TD's New York branch is ongoing, with Aquino admitting to conspiracy charges on January 6, 2026, and facing a potential 20-year prison sentence [2]. - This case follows a $3 billion fine imposed on TD in October 2024 for anti-money laundering failures, which may lead to increased scrutiny of cross-border banking operations between the U.S. and Canada, limiting TD's growth in the U.S. due to prior settlement agreements [2]. Performance Strategy - TD reported better-than-expected results for Q4 2025, with earnings per share reaching CAD 2.18 and revenues of CAD 16.03 billion [3]. - The management has set growth targets for fiscal 2026, aiming for a 6%-8% increase in earnings per share and a 13% return on equity, alongside plans for a CAD 6-7 billion share buyback [3]. - The bank's ability to meet these targets while controlling spending growth will be crucial [3]. Company Business Status - TD is enhancing its anti-money laundering framework by adding over 700 new specialists and upgrading its monitoring systems [4]. - In wealth management, the bank launched a new plan in August 2025, targeting USD 10 billion in managed assets within two years [4]. - Ongoing challenges include macroeconomic uncertainties, fluctuations in credit quality, and potential changes in financial regulation [4].

Core Viewpoint - Toronto-Dominion Bank (TD) has shown strong stock performance, reaching a 52-week high and outperforming both the Zacks Finance sector and the Zacks Banks - Foreign industry [1][2]. Performance Summary - TD's stock has increased by 4.4% over the past month and 4.3% since the beginning of the year, compared to 2.7% for the Zacks Finance sector and 9.4% for the Zacks Banks - Foreign industry [1]. - The last earnings report on December 4, 2025, showed an EPS of $1.57, exceeding the consensus estimate of $1.46 [2]. Earnings Expectations - For the current fiscal year, TD is projected to have earnings of $6.52 per share on revenues of $46.51 billion, indicating a 9.03% increase in EPS but a 7.56% decrease in revenues [2]. Valuation Metrics - TD's stock trades at 15.1 times the current fiscal year EPS estimates, which is above the peer industry average of 12.1 times [6]. - The trailing cash flow basis shows a valuation of 13.5 times compared to the peer group's average of 11.7 times, with a PEG ratio of 1.35 [6]. Zacks Rank - TD holds a Zacks Rank of 2 (Buy), supported by a positive earnings estimate revision trend, indicating potential for further gains [7]. Industry Comparison - The Banks - Foreign industry is performing well, ranking in the top 16% of all industries, suggesting favorable conditions for both TD and its peers [10]. - BNP Paribas SA, a competitor, also has a Zacks Rank of 2 (Buy) and shows strong earnings performance, indicating a competitive landscape [8][9].

Core Viewpoint - Toronto-Dominion Bank (TD) is showing positive stock performance and is expected to report strong earnings growth in the upcoming release, indicating a favorable outlook for the company. Group 1: Stock Performance - In the latest session, TD's stock increased by 1.58% to $98.21, outperforming the S&P 500 which gained 0.47% [1] - Over the past month, TD's stock has risen by 2.55%, leading the Finance sector's gain of 0.35% while the S&P 500 experienced a loss of 0.16% [1] Group 2: Earnings Estimates - TD is projected to report earnings of $1.57 per share on February 26, 2026, reflecting a year-over-year growth of 12.95% [2] - The consensus estimate anticipates revenue of $11.14 billion, indicating a 14.85% increase from the same quarter last year [2] - For the full year, analysts expect earnings of $6.42 per share and revenue of $46.51 billion, marking changes of +7.36% and -7.56% respectively from the previous year [3] Group 3: Analyst Estimates and Valuation - Recent changes in analyst estimates for TD reflect positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system currently rates TD at 3 (Hold), with the consensus EPS estimate remaining steady over the past month [6] - TD's Forward P/E ratio is 15.06, which is higher than the industry average of 11.77, suggesting that TD is trading at a premium [7] - The current PEG ratio for TD is 1.35, compared to the industry average of 1.01, indicating a higher expected earnings growth trajectory relative to peers [8] Group 4: Industry Context - The Banks - Foreign industry, to which TD belongs, has a Zacks Industry Rank of 46, placing it within the top 19% of over 250 industries [8] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]

Core Insights - TD Asset Management Inc. (TDAM) has been recognized for the 14th consecutive year at the FundGrade A+® Awards, with 24 of its mutual funds, managed assets program portfolios, and ETFs winning awards, matching the highest number received in a single year [6][7] Company Overview - TD Asset Management Inc. is a wholly-owned subsidiary of The Toronto-Dominion Bank, managing a diverse range of investment products including mutual funds and ETFs [3][13] - The company manages over $530 billion in total assets under management (AUM), with its TD ETF lineup surpassing $30 billion in AUM [7][13] Performance Metrics - The FundGrade A+® Awards recognize funds that have consistently demonstrated the best risk-adjusted returns, calculated using metrics such as Sharpe Ratio, Sortino Ratio, and Information Ratio [8][9] - To qualify for the FundGrade A+® Award, a fund must achieve a GPA of 3.5 or greater based on its monthly ratings throughout the year [8] Awards and Recognition - The awards highlight TDAM's commitment to excellence in asset management, as stated by David Sykes, Chief Investment Officer, emphasizing the importance of client-centric strategies [7][6] - The recognition across multiple categories and time periods reflects TDAM's growing influence in the investment space [7]

Core Viewpoint - The article compares Toronto-Dominion Bank (TD) and DBS Group Holdings Ltd (DBSDY) to determine which stock offers better value for investors at the current time [1] Valuation Metrics - Both TD and DBSDY hold a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions for both companies [3] - TD has a forward P/E ratio of 14.56, while DBSDY has a forward P/E of 15.10 [5] - TD's PEG ratio is 1.30, compared to DBSDY's PEG ratio of 12.69, suggesting TD is more favorable in terms of expected earnings growth [5] - TD's P/B ratio is 1.9, while DBSDY's P/B ratio is 2.5, indicating TD is valued more attractively relative to its book value [6] - Based on these valuation metrics, TD receives a Value grade of B, whereas DBSDY receives a Value grade of F, suggesting TD is the superior value option [6]

Core Viewpoint - Income investors prioritize generating consistent cash flow, primarily through dividends, which are significant contributors to long-term returns [1][2]. Company Overview - Toronto-Dominion Bank (TD) is based in Toronto and operates in the Finance sector, with a year-to-date share price change of 0.08% [3]. - The company currently pays a dividend of $0.79 per share, resulting in a dividend yield of 3.34%, which is higher than the Banks - Foreign industry's yield of 2.62% and the S&P 500's yield of 1.37% [3]. Dividend Performance - TD's annualized dividend of $3.15 has increased by 5.5% from the previous year, with an average annual increase of 5.24% over the last five years [4]. - The current payout ratio for TD is 48%, indicating that it pays out 48% of its trailing 12-month earnings per share as dividends [4]. Earnings Expectations - The Zacks Consensus Estimate for TD's earnings in 2026 is $6.42 per share, reflecting an expected increase of 7.36% from the previous year [5]. Investment Considerations - TD is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 2 (Buy) [6].

Group 1 - The company had a strong fourth quarter, with significant guidance provided in the results, indicating positive momentum and execution [1] - There was notable growth in credit card penetration, referrals from wealth management, and strength in mortgage originations, suggesting effective strategies and market conditions [2] - The discussion focused on how these trends are expected to evolve as the company heads into 2026, highlighting the importance of ongoing execution and strategic planning [2]