Added to YB: 2025-02-03
Pitch date: 2024-12-17
TD [bullish]
The Toronto-Dominion Bank
+92.63%
current return
Author Info
No bio for this author
Company Info
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally.
Market Cap
CAD 218.7B
Pitch Price
CAD 49.74
Price Target
79.00 (-18%)
Dividend
3.31%
EV/EBITDA
N/A
P/E
11.28
EV/Sales
N/A
Sector
Banks
Category
value
The Toronto-Dominion Bank - $TD
TD: Mispriced mega-bank at 9x P/E, 50% discount to SOTP. AML issues resolved, U.S. asset cap only impacts 30% of earnings. Incoming CEO hints at divestitures, likely 10.1% Schwab stake (C$20bn). U.S. biz can grow via asset repositioning. 50% upside potential. Catalysts: Schwab sale, balance sheet optimization.
Read full article (9 min)