About The Toronto-Dominion Bank (TD)
The Toronto-Dominion Bank is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Toronto, Canada. TD has been publicly traded since 1995, giving it 31+ years of trading history.
The Toronto-Dominion Bank (TD) has been publicly traded since 1995, making it a 31-year-old public company. It operates in the Banks - Diversified industry within the Financial Services sector. The company is headquartered in Toronto, Canada and employs approximately 104,841 people. With a market capitalization of C$214 billion, TD is one of the largest publicly traded companies.
TD trades on the Toronto Stock Exchange and is classified as a mega-cap-cap stock with a market capitalization of approximately C$214 billion. The company employs approximately 104,841 people worldwide.
Key Statistics
- Current Price
- C$128.05
- Market Cap
- C$214.00B
- 52-Week High
- C$136.49
- 52-Week Low
- C$78.06
- Sector
- Financial Services
- Industry
- Banks - Diversified
TD Investment Performance
TD has declined 0.2% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in TD would have grown to C$1,943, representing a 94.3% total return. Since its IPO in 1995, a C$1,000 investment would now be worth C$73,415.
C$1,000 Invested in The Toronto-Dominion Bank (TD)
How much would C$1,000 invested in TD be worth today?
What would C$1,000 invested in TD 1 year ago be worth today?
A C$1,000 investment in The Toronto-Dominion Bank (TD) in 2025 would be worth C$1,547 as of March 2026, representing a +54.7% total return.
What would C$1,000 invested in TD 3 years ago be worth today?
A C$1,000 investment in The Toronto-Dominion Bank (TD) in 2023 would be worth C$1,820 as of March 2026, representing a +82.0% total return.
What would C$1,000 invested in TD 5 years ago be worth today?
A C$1,000 investment in The Toronto-Dominion Bank (TD) in 2021 would be worth C$1,943 as of March 2026, representing a +94.3% total return.
What would C$1,000 invested in TD 10 years ago be worth today?
A C$1,000 investment in The Toronto-Dominion Bank (TD) in 2016 would be worth C$3,464 as of March 2026, representing a +246.4% total return.
What would C$1,000 invested in TD at IPO be worth today?
A C$1,000 investment in The Toronto-Dominion Bank (TD) at IPO would be worth C$73,415 as of March 2026, representing a +7241.5% total return.
Monthly Returns Heatmap
Over the past 31+ years (374 months), The Toronto-Dominion Bank (TD) has averaged a monthly return of +1.34% with a median return of +1.67%. The stock had 229 positive months (61%) and 145 negative months (39%). The best month in TD's history was August 2000 with a +18.9% return, while the worst was August 1998 at -32.9%. Historically, November tends to be the strongest month (averaging +3.0%), and June the weakest (-1.0%).
TD's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 2025 with a cumulative return of +59.1%, and the worst was 2008 at -39.1%.
Annual Returns
Over 31 years of trading history, The Toronto-Dominion Bank (TD) has delivered an average annual return of +16.53% with a median return of +14.83%. The compound annual growth rate (CAGR) is +14.20%. The stock posted gains in 24 years (77%) and losses in 7 years (23%).
TD's best year was 2025 with a +77.06% gain, while the worst was 2008 at -35.15%. The longest streak of consecutive positive years was 9, and the longest losing streak was 2 years. TD achieved double-digit gains (10%+) in 18 years. It suffered double-digit losses in 2 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -0.19% | C$128.29 | C$128.05 |
| 2025 | +77.06% | C$72.46 | C$128.29 |
| 2024 | -6.05% | C$77.13 | C$72.46 |
| 2023 | +2.34% | C$75.37 | C$77.13 |
| 2022 | -6.01% | C$80.19 | C$75.37 |
| 2021 | +40.15% | C$57.22 | C$80.19 |
| 2020 | +3.72% | C$55.17 | C$57.22 |
| 2019 | +11.66% | C$49.41 | C$55.17 |
| 2018 | -4.57% | C$51.77 | C$49.41 |
| 2017 | +15.15% | C$44.96 | C$51.77 |
| 2016 | +26.92% | C$35.42 | C$44.96 |
| 2015 | +1.42% | C$34.93 | C$35.42 |
| 2014 | +14.83% | C$30.42 | C$34.93 |
| 2013 | +24.13% | C$24.51 | C$30.42 |
| 2012 | +13.80% | C$21.53 | C$24.51 |
| 2011 | +6.22% | C$20.27 | C$21.53 |
| 2010 | +16.52% | C$17.40 | C$20.27 |
| 2009 | +59.16% | C$10.93 | C$17.40 |
| 2008 | -35.15% | C$16.86 | C$10.93 |
| 2007 | +2.66% | C$16.42 | C$16.86 |
| 2006 | +16.55% | C$14.09 | C$16.42 |
| 2005 | +26.19% | C$11.16 | C$14.09 |
| 2004 | +18.83% | C$9.40 | C$11.16 |
| 2003 | +31.37% | C$7.15 | C$9.40 |
| 2002 | -14.56% | C$8.37 | C$7.15 |
| 2001 | -2.81% | C$8.61 | C$8.37 |
| 2000 | +14.84% | C$7.50 | C$8.61 |
| 1999 | +46.56% | C$5.12 | C$7.50 |
| 1998 | +2.50% | C$4.99 | C$5.12 |
| 1997 | +56.87% | C$3.18 | C$4.99 |
| 1996 | +52.30% | C$2.09 | C$3.18 |
TD Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating The Toronto-Dominion Bank as an investment
Valuation
TD currently trades at a trailing P/E ratio of 10.4, which is considered low relative to the broader market. The forward P/E of 12.4 suggests analysts expect earnings to be higher in the coming year. The price-to-book ratio stands at 1.7. The price-to-sales ratio is 3.2.
Dividends
The Toronto-Dominion Bank pays a dividend to shareholders with a current yield of 3.37%. This translates to C$4.32 per share annually. The payout ratio of 34% indicates sustainable dividend coverage.
Risk & Volatility
TD has a beta of 0.85, indicating it is similarly volatile to the overall market. The stock's 52-week range is C$78.06 to C$136.49, and it currently trades near its 52-week high.
Analyst Ratings
Based on 14 analyst opinions, TD has a consensus "buy" rating. The average price target of C$141.14 suggests 10.2% upside from current levels.
Frequently Asked Questions: TD
What sector is TD in? ▼
TD operates in the Financial Services sector, specifically in the Banks - Diversified industry. This sector includes banks, insurance companies, asset managers, and fintech companies.
How has TD performed historically? ▼
Over 31 years of trading history, TD has posted gains in 24 years (77% of the time). The best year was 2025 with a +77.1% return. Past performance does not guarantee future results.
How can I invest in TD? ▼
You can invest in TD through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold TD.
Does TD pay dividends? ▼
The Toronto-Dominion Bank pays a dividend to shareholders with a current yield of 3.37%. This translates to C$4.32 per share annually. The payout ratio of 34% indicates sustainable dividend coverage.
What does The Toronto-Dominion Bank do? ▼
The Toronto-Dominion Bank is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Toronto, Canada.
What sector is TD in? ▼
TD operates in the Financial Services sector, specifically in the Banks - Diversified industry.
When did TD go public? ▼
The Toronto-Dominion Bank went public in 1995, making it a 31-year-old public company as of 2026.
How much would C$1,000 invested in TD 5 years ago be worth today? ▼
A C$1,000 investment in TD five years ago would be worth approximately C$1,943 today, representing a 94.3% return.
How much would C$1,000 invested in TD 10 years ago be worth today? ▼
A C$1,000 investment in TD ten years ago would be worth approximately C$3,464 today, representing a 246.4% total return over the decade.
What is TD's 3-year return? ▼
Over the past 3 years, TD has returned 82.0%. A C$1,000 investment would have grown to C$1,820.
How much would C$1,000 invested in TD at IPO be worth today? ▼
If you invested C$1,000 in TD at its IPO in 1995, it would be worth approximately C$73,415 today, a 7,241.5% return over 31 years.
Does TD pay dividends? ▼
Yes, The Toronto-Dominion Bank pays a dividend with a current yield of 3.37%, which is C$4.32 per share annually.
What is TD's market cap? ▼
The Toronto-Dominion Bank has a market capitalization of C$214 billion, classifying it as a mega-cap company.
What is TD's P/E ratio? ▼
TD has a trailing P/E ratio of 10.4 and a forward P/E of 12.4, which measures how much investors are paying per dollar of earnings.
Is TD a buy, hold, or sell? ▼
Based on 14 opinions, TD has a consensus "buy" rating. The average price target is C$141.14.
Last updated: 3/15/2026