What is Toronto-Dominion Bank’s Competitive Advantage (Moat)? | Value Investors Central (2024)

What is Toronto-Dominion Bank’s Competitive Advantage (Moat)? | Value Investors Central (2024)

FAQs

What is Toronto-Dominion Bank’s Competitive Advantage (Moat)? | Value Investors Central? ›

“In our view, Toronto-Dominion has a wide moat because it has superior market share in the advantageous Canadian banking environment, a better deposit mix, and exposures to moaty nonbank businesses. We give Toronto-Dominion an Exemplary capital allocation rating.

What is TD Bank's competitive advantage? ›

TD Bank's market presence, both in the United States and globally, positions it as a prominent player in the banking industry. With a wide network of branches and ATMs, the bank strives to provide convenient and accessible financial services to its customers (TD Bank Competitive Analysis).

Why is Toronto Dominion Bank a good investment? ›

In general, TD bank stocks make for a wise investment. It trades at a reasonable stock price of $81.92 per share, relative to its high dividend yield. Also, analysts predict that the market will improve, and interest rates will fall in the second half of 2024.

What does Toronto Dominion Bank do? ›

TD provides auto financing, treasury management, investment banking, research, global transaction banking, and capital market solutions. It serves through a network of branch offices, ATMs, wealth advisors, and online portals to individuals, corporates, SMEs, high net worth individuals and wealthy families.

What is TD Bank known for? ›

TD Bank, America's Most Convenient Bank, is one of the largest banks in the U.S., providing over 10.0 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and ...

What is the heart of TD Bank's business strategy? ›

Customer Experience

Legendary customer service is at the heart of TD's business strategy and a central part of our brand promise to customers.

What is TD fixed rate advantage option? ›

Use the Fixed Rate Advantage Option at any time to lock in all or a portion (subject to $2000 minimums) of your credits balance at a fixed interest rate with fixed payments. Once the term is finished, any remaining balance will move to the variable rate. The interest rate stays the same for the term chosen.

Is Dominion a good investment? ›

The highest analyst price target is $52.00 ,the lowest forecast is $40.00. The average price target represents 1.90% Increase from the current price of $46.86. Dominion Energy's analyst rating consensus is a Hold. This is based on the ratings of 10 Wall Streets Analysts.

Is Toronto Dominion Bank and TD Bank same? ›

Toronto-Dominion Bank (French: Banque Toronto-Dominion), doing business as TD Bank Group (French: Groupe Banque TD), is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario.

How much debt is Toronto Dominion Bank in? ›

Total debt on the balance sheet as of January 2024 : $298.37 B. According to Toronto Dominion Bank's latest financial reports the company's total debt is $298.37 B. A company's total debt is the sum of all current and non-current debts.

Is TD Bank financially stable? ›

Is my money safe with TD? TD is dedicated to stability and security, with a longstanding focus on strong risk management and controls and a diverse portfolio mix including total deposits of $361 billion and a loan-to-deposit ratio of 48% as of 12/31/22.

Is TD Bank owned by Chase? ›

TD Bank, N.A. is an American national bank and the United States subsidiary of the multinational TD Bank Group.

Who are the largest shareholders of Toronto-Dominion Bank? ›

Who owns Toronto Dominion Bank? Toronto Dominion Bank (NYSE: TD) is owned by 51.38% institutional shareholders, 0.00% Toronto Dominion Bank insiders, and 48.62% retail investors. Royal Bank Of Canada is the largest individual Toronto Dominion Bank shareholder, owning 151.32M shares representing 8.45% of the company.

Is TD Bank owned by Bank of America? ›

TD Bank is a subsidiary of TD Bank Group, a Canada-based multinational banking and financial services headquartered in Toronto, Ontario and founded in 1955. TD Bank has been a subsidiary of TD Bank Group since it was established as a separate division of the company in 2008.

Who owns Toronto-Dominion Bank? ›

Largest shareholders include Royal Bank Of Canada, Bank Of Montreal /can/, Vanguard Group Inc, Td Asset Management Inc, CIBC World Markets Inc., Bank Of Nova Scotia, National Bank Of Canada /fi/, Mackenzie Financial Corp, FIL Ltd, and VGTSX - Vanguard Total International Stock Index Fund Investor Shares .

Is TD a better bank than Chase? ›

If you enjoy widespread branch accessibility, sign-up bonuses and different account options, Chase may be a suitable choice for you. However, if you don't mind minimal monthly fees and limited branch locations, you should consider TD Bank.

What is the strength of TD Bank? ›

TD Bank operates from a position of financial strength and security—with a longstanding focus on prudent risk management—and we hold ourselves to high standards of integrity, ethics and compliance. Above all, we are committed to our customers, our communities and our colleagues.

What makes TD Securities unique? ›

We offer 24-hour global coverage, local knowledge and deep expertise. Our client-focused insights in both G10 and emerging market currencies, coupled with reliable execution and settlement, help you capture opportunities and meet your objectives.

Who is TD banks biggest competitor? ›

The main competitors of Toronto-Dominion Bank include Bank of Montreal (BMO), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), National Bank of Canada (NA), Brookfield (BN), Manulife Financial (MFC), Sun Life Financial (SLF), Intact Financial (IFC), and Great-West Lifeco ( ...

What is TD Bank's core values? ›

We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues. TD Bank is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing.

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