
Toronto-Dominion Bank (TD) Stock Forecast & Price Target
Toronto-Dominion Bank (TD) Analyst Ratings
Bulls say
Toronto-Dominion Bank (TD) continues to exhibit strong financial health, highlighted by a CET 1 ratio of 13.1% as of Q4/24, which is in line with estimates and supports its capital position. The bank is projected to achieve approximately 12% earnings growth in 2025, driven by 4% revenue growth and lower impaired provisions for credit losses, indicating operational efficiency and improving profit margins. Additionally, TD’s commitment to returning value to shareholders is reflected in its recent dividend increase to $1.05 per share, providing a positive signal of financial stability and confidence in future earnings growth.
Bears say
Toronto-Dominion Bank's recent quarterly report highlighted a decline in Canada P&C earnings, which fell approximately 3% quarter-over-quarter and revealed a challenging outlook as expense growth surged by around 19%, primarily due to the bank's ongoing anti-money laundering (AML) issues. Additionally, the bank's adjusted EPS came in at $1.72, below internal estimates, and management indicated that achieving earnings growth in 2025 could be difficult, leading to the suspension of its medium-term objectives regarding EPS growth, return on equity, and operating leverage. Lastly, the projected core EPS growth of only 1% for 2025 marks the bank's lowest expectation within its peer group, reflecting increased provisions for credit losses and continued expense pressures that outweigh anticipated revenue growth.
This aggregate rating is based on analysts' research of Toronto-Dominion Bank and is not a guaranteed prediction by Public.com or investment advice.
Toronto-Dominion Bank (TD) Analyst Forecast & Price Prediction
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