Stocks of Toronto Dominion Bank (NYSE:TD) traded higher last session on Wall Street, up 2.83% to $62.92.
TD stock price is now 6.25% away from the 50-day moving average and 3.86% away from the 200-day moving average. The market capitalization of the company currently stands at $112.72B.
A total of 0.15% of the company’s stock is owned by insiders.
During the past 12 months, Toronto Dominion Bank has had a low of $54.69 and a high of $70.67. The fifty day moving average price for TD is $59.22 and a two-hundred day moving average price translates $60.58 for the stock.
The latest earnings results from Toronto Dominion Bank (NYSE: TD) was released for Oct, 2023. According to the Banks – Diversified Company, earnings per share came in at $1.35, missing analysts’ expectations of $1.4 by -0.05. This compares to $2.76 EPS in the same period last year. The net profit margin was 9.97% and return on equity was 9.84% for TD. The company reported revenue of $16.19 billion for the quarter, compared to $11.21 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 44.36 percent. For the current quarter, analysts expect TD to generate $9.29B in revenue.
Toronto Dominion Bank(TD) Company Profile
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. It offers its products and services under the TD Bank and America’s Most Convenient Bank brand names. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.
