Toronto Dominion Bank
TD
Market Cap$100.09B
Close$
Earnings Call Q1 2024
February 29, 2024 - AI Summary
TD Bank Group reported earnings of $3.6 billion and EPS of $2 for Q1 2024, with revenue growing 5% YoY due to higher fee income and improved macroeconomic conditions.
PCLs were higher in Q1 due to continued consumer credit normalization and commercial credit migration, in line with previous guidance.
Expenses increased by 12% YoY, reflecting the inclusion of TD Cowen, but expense growth moderated on a QoQ basis as the bank prioritized investments in risk and control infrastructure.
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$-11.36
119.8% downside
Current Fair Value
119.8% downsideOvervalued by 119.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $100.09 Billion |
|---|---|
| Enterprise Value | $240.81 Billion |
| Dividend Yield | $3.8892 (6.84%) |
| Earnings per Share | $4.59 |
| Beta | 0.77 |
| Outstanding Shares | 1,759,583,712 |
| Avg 30 Day Volume | 3,408,920 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 12.04 |
|---|---|
| PEG | 14.42 |
| Price to Sales | 1.3 |
| Price to Book Ratio | 1.22 |
| Enterprise Value to Revenue | 3.09 |
| Enterprise Value to EBIT | 21.41 |
| Enterprise Value to Net Income | 28 |
| Total Debt to Enterprise | 0.58 |
| Debt to Equity | 1.68 |
Revenue Sources
No data
ESG Score
No data
About Toronto Dominion Bank
89,031 employees
CEO: Bharat Masrani The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ('TD' or the 'Bank'). TD is the sixth largest bank in North Americaby branches and serves over 26 million customers in three key businesses operating ...