The Toronto-Dominion Bank

TD · NYSE

Market closed$123.60$-0.300000 (-0.24%)After hours $124.90 · +1.05%

Key statistics

Previous close$123.90
Open$122.95
Day high$124.62
Day low$122.27
52-week high$124.87
52-week low$72.21
Market cap208.82B
Volume1.47M
Average volume2.33M
P/E ratio17.71
Forward P/E
EPS6.98
Dividend yield+2.50%

Market context

Why it moved

TD shares edged slightly lower despite broadly positive news, including a strong earnings beat and a raised dividend, as broader market weakness driven by tech sector declines and geopolitical tensions weighed on sentiment, while lingering concerns from a money laundering conviction involving TD Bank insiders also dampened investor confidence.

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Toronto-Dominion Bank closed modestly lower as investors weighed a flurry of capital markets activity against a constructive macro backdrop. TD priced multiple structured and callable note offerings this week — including 5.10% callable senior notes due 2033 and equity-linked structured notes — while also expanding its digital footprint through a QCAD stablecoin custody mandate and the launch of Clover merchant payment solutions in Canada via Fiserv. The Bank of Canada's decision to hold interest rates steady provided a supportive backdrop for Canadian bank stocks broadly, and TD's recent Q2 beat ($1.74 EPS vs. $1.63 consensus) alongside a raised quarterly dividend to $1.12/share have reinforced investor confidence. The stock is trading near its 52-week high, up over 33% year-to-date, though some analysts flag valuation as a risk at ~20x earnings versus the peer average of ~18x.

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July 17, 2026Toronto-Dominion Bank edged lower, pulling back slightly from a fresh 52-week high hit earlier in the week, as the broader financial sector showed mixed performance following a blockbuster U.S. bank earnings season. While Wall Street peers like JPMorgan and Goldman Sachs surged on record trading and investment banking revenues, TD remains in focus for its own strong Q2 beat — reporting $1.74 EPS versus $1.63 expected — alongside a dividend raise to $1.12/quarter and a consensus analyst target of $156, implying significant upside.

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July 16, 2026Toronto-Dominion Bank shares rose, touching a new 52-week high of $124.87, buoyed by a broadly constructive backdrop for bank stocks following blowout Q2 earnings from JPMorgan, Goldman Sachs, Bank of America, and Wells Fargo, which collectively reinforced investor confidence across the financial sector. TD itself remains well-positioned after its own better-than-expected Q1 results ($1.74 EPS vs. $1.63 estimate), a recent dividend hike to $1.12/quarter, and a consensus Moderate Buy rating with a $156 average price target—roughly 25% above current levels.

1.5625

July 15, 2026Toronto-Dominion Bank shares closed sharply higher, touching a new 52-week high of $123.29 on nearly double its average volume, buoyed by a broad banking sector rally after major U.S. banks — JPMorgan, Bank of America, Goldman Sachs, Wells Fargo, and Citigroup — delivered blowout Q2 earnings driven by record investment banking fees, surging trading revenues, and the SpaceX IPO windfall. A softer-than-expected U.S. CPI print further lifted the financial sector, while TD's own constructive backdrop — a recent dividend hike to $1.12/quarter, analyst consensus of 'Moderate Buy' with a $156 price target, and its new Clover payments partnership for Canadian SMBs — reinforced investor confidence in the bank's recovery trajectory.

1.8652

July 14, 2026Toronto-Dominion Bank closed essentially flat as investors focused on a busy macro and earnings week ahead, with major U.S. banks set to report Q2 results on July 14. On the business front, TD announced a partnership to bring Fiserv's Clover platform to Canadian businesses, expanding its payments and commerce ecosystem for SMBs. Canada's financial regulator also issued a warning to banks about AI-related risks tied to Anthropic's Claude Mythos, adding a compliance consideration for TD and its peers. With the stock trading near its 52-week high and carrying a consensus analyst price target of $156, sentiment remains constructive ahead of broader bank earnings season.

0.083

July 11, 2026Toronto-Dominion Bank edged higher in regular trading and surged further in after-hours to hit a new 52-week high, propelled by a key dividend catalyst — today marks the ex-dividend date for the bank's raised quarterly payout of $1.12 per share (up from $1.08), payable July 31. The after-hours rally comes amid a broadly constructive backdrop: TD carries a Moderate Buy consensus with a $156 average analyst target, recently beat Q1 EPS estimates ($1.74 vs. $1.63 expected), and has staged a remarkable recovery — up over 120% in two years — after refocusing on Canada following its U.S. money-laundering settlement.

0.6514

July 10, 2026Toronto-Dominion Bank shares rose 1%, closing near their 52-week high, supported by a confluence of positive catalysts. The bank recently beat Q2 fiscal 2026 earnings estimates—posting EPS of $1.74 vs. $1.63 expected and revenue of $11.80B vs. $11.04B anticipated—while raising its quarterly dividend to $1.12 from $1.08, with a July 10 ex-dividend date drawing income-focused buyers. Analysts maintain a consensus 'Moderate Buy' with a $156 average price target, bolstered by a Royal Bank of Canada upgrade to $156. TD Bank U.S. also announced a leadership consolidation, naming Jill Gateman as Head of U.S. Commercial Banking. Volume came in at more than double the daily average, signaling strong investor interest as Q2 earnings season approaches for major U.S. banks.

1.0037

July 9, 2026Toronto-Dominion Bank shares fell notably amid a broad market risk-off selloff triggered by President Trump declaring the Iran peace MOU 'over,' sending oil surging 5%+ and rattling global financial stocks. The decline came despite TD's strong recent momentum — the bank beat fiscal Q2 EPS estimates ($1.74 vs. $1.63 expected), raised its quarterly dividend to $1.12, and announced a U.S. commercial banking restructuring under new leader Jill Gateman. Some analysts now flag valuation concerns, with TD trading near 18x earnings — among its highest multiples in a decade — as the geopolitical shock added pressure to an already fully-valued stock near its 52-week high.

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Wealth Professional · July 17, 2026Court orders TD Bank to repay $16 million to defrauded investorsInvesting.com Nigeria · July 16, 2026DOJ sentences two former TD Bank employees to prison By Investing.comInvestmentNews · April 13, 2026Private credit warning signs are emerging beneath the surface, says TD’s Uk-Sun KimCIO Dive · March 2, 2026TD Bank eyes $150M in claims cost reductions — with help from AIBloomberg.com · October 3, 2025TD's Raymond Chun Goes on Charm Offensive as Investors Buy Into TurnaroundBanking Dive · September 30, 2025TD wants to get ‘back to winning’
Mt Newswire · July 7, 2026TD Bank Partnering With Realtor.ca to Connect Insurance Advisers to Prospective Buyers
Benzinga · June 16, 2026Scotiabank Maintains Sector Outperform on Toronto-Dominion Bank, Raises Price Target to C$169
Mt Newswire · June 5, 2026The Toronto-Dominion Bank Prices CAD Non-Viability Contingent Capital AT1 Limited Recourse Capital Notes
Benzinga · June 1, 2026Scotiabank Maintains Sector Perform on Toronto-Dominion Bank, Raises Price Target to C$165
Mt Newswire · June 1, 2026TD Bank Price Target Raised to $156 at RBC
Mt Newswire · May 29, 2026TD Price Target Raised $13 at CIBC, But Kept at Neutral
Mt Newswire · May 29, 2026TD Bank Target Raised To C$162 From $157, Keeps Outperform at National Bank Which Notes Canadian Segment Rebound Advances; U.S. P&C Growth Outlook Improves
Mt Newswire · May 28, 2026Research Alert: CFRA Reiterates Hold Opinion On Shares Of The Toronto-dominion Bank

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