Business description: The Toronto-Dominion Bank

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, which provides financial products and services to personal, small business and commercial customers, and includes TD Auto Finance Canada; U.S. Retail segment, which is comprised of personal and business banking in the United States, operating under the brand TD Bank; Wealth Management and Insurance segment includes the Canadian wealth business which provides investment products and services to institutional and retail investors, and the insurance business which provides property and casualty insurance, as well as life and health insurance products to customers across Canada, and Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures.

Number of employees: 1,04,841

Sales by Activity: The Toronto-Dominion Bank

Fiscal Period: October 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Canadian Personal and Commercial Banking (CAD P&C)

- 1.61TCr 1.7TCr 1.8TCr 1.85TCr

U.S. Banking

1.1TCr 1.21TCr 1.35TCr 1.22TCr 1.08TCr

Canadian Retail

2.52TCr - - - -

Wealth Management and Insurance

- 1.09TCr 1.13TCr 1.35TCr 1.46TCr

Corporate

184.3Cr 412.7Cr 10Cr 225Cr 1.13TCr

Wholesale Banking

481.8Cr 479.4Cr 569.2Cr 696.9Cr 810.2Cr

Geographical breakdown of sales: The Toronto-Dominion Bank

Fiscal Period: October 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Canada

2.67TCr 2.92TCr 3.25TCr 3.15TCr 3.39TCr

United States

1.41TCr 1.84TCr 1.78TCr 2.21TCr 2.97TCr

Other International

193.8Cr 134.6Cr 22Cr 367.3Cr 415.5Cr

Executive Committee: The Toronto-Dominion Bank

Manager TitleAgeSince
Chief Executive Officer - 01/02/2025
Director of Finance/CFO - 01/09/2021
Chief Operating Officer - 29/09/2025
Investor Relations Contact - 01/01/2022
Sales & Marketing - 15/01/2018

Composition of the Board of Directors: The Toronto-Dominion Bank

Director TitleAgeSince
Director/Board Member 66 02/04/2020
Director/Board Member 52 26/08/2021
Director/Board Member 66 21/06/2022
Director/Board Member 64 24/08/2022
Director/Board Member 69 24/08/2022
Chairman - 01/09/2025
Director/Board Member 63 23/08/2023
Director/Board Member 60 18/04/2024
Director/Board Member - 01/11/2024
Director/Board Member - 10/04/2025

Shareholders: The Toronto-Dominion Bank

NameEquities%Valuation
Royal Trust Corporation of Canada
7.203 %
12,17,00,414 7.203 % 11 849 M $
Vanguard Fiduciary Trust Co.
4.573 %
7,72,52,688 4.573 % 7 521 M $
BMO Bank NA (Investment Management)
3.754 %
6,34,19,354 3.754 % 6 175 M $
CIBC World Markets, Inc.
2.289 %
3,86,66,316 2.289 % 3 765 M $
TD Waterhouse Private Investment Counsel, Inc.
2.225 %
3,75,96,747 2.225 % 3 660 M $
NameEquities%Valuation
Franklin ClearBridge Investment Management
1.071 %
1,50,000 1.071 % 3 M $
NameEquities%Valuation
Franklin ClearBridge Investment Management
0.1375 %
27,500 0.1375 % 481 250 $
Slater Asset Management, Inc.
0.00025 %
50 0.00025 % 875 $
NameEquities%Valuation
Canso Investment Counsel Ltd.
32.35 %
2,75,00,000 32.35 % 28 M $
Franklin ClearBridge Investment Management
9.688 %
82,35,000 9.688 % 8 M $
Manulife Investment Management Ltd.
1.588 %
13,50,000 1.588 % 1 M $
Slater Asset Management, Inc.
1.435 %
12,20,000 1.435 % 1 M $
NameEquities%Valuation
Slater Asset Management, Inc.
18.83 %
1,50,65,000 18.83 % 16 M $
Franklin ClearBridge Investment Management
7.688 %
61,50,000 7.688 % 6 M $
Manulife Investment Management Ltd.
3.15 %
25,20,000 3.15 % 3 M $
Russell Investments Canada Ltd.
1.5 %
12,00,000 1.5 % 1 M $
CWB Wealth Management Ltd.
1.25 %
10,00,000 1.25 % 1 M $

Holdings: The Toronto-Dominion Bank

NameEquities%Valuation
13,29,350 0.08% 127 M $
31,73,258 5.56% 116 M $
23,02,334 4.92% 50 M $
85,12,315 14.41% 24 M $
5,75,665 16.14% 7 M $
1,58,786 0.25% 522 406 $

Company details: The Toronto-Dominion Bank

The Toronto-Dominion Bank

Toronto-Dominion Centre

M5K 1A2, Toronto

+

http://www.td.com
address The Toronto-Dominion Bank(TD)

Group companies: The Toronto-Dominion Bank

NameCategory and Sector
Major Banks
Financial Conglomerates
Financial Conglomerates
Investment Banks/Brokers
Investment Banks/Brokers

Other Banks

Change 5d. change 1-year change 3-years change Capi.($)
+0.60%-3.07%+52.20%+52.13% 16TCr
-0.41%-3.84%+24.33%+116.03% 78TCr
-0.63%-1.10%+11.94%+53.17% 35TCr
+1.38%-2.82%+21.92%+60.42% 34TCr
+2.32%-3.90%+46.05%+106.09% 29TCr
-0.13%+1.67%+17.01%+59.80% 27TCr
-0.67%-5.13%+17.25%+89.31% 24TCr
+0.22%-0.88%-1.54%+51.69% 23TCr
+1.20%-2.66%+35.81%+65.90% 23TCr
+0.29%-0.92%+16.36%+80.48% 20TCr
Average +0.50%-2.66%+24.13%+73.50% 30.95TCr
Weighted average by Cap. +0.51%-2.59%+23.31%+80.72%
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
130.25CAD
Average target price
141.14CAD
Spread / Average Target
+8.36%

Quarterly revenue - Rate of surprise

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