Profit Recovery: Toronto-Dominion Bank reported a profit in the latest quarter after facing significant charges last year related to its U.S. anti-money laundering program.
Financial Performance: The bank achieved net income of 3.34 billion Canadian dollars ($2.42 billion), translating to C$1.89 per share for the fiscal third quarter.
Comparison to Previous Year: This marks a notable turnaround from a loss of C$181 million, or C$0.14 per share, in the same quarter last year.
Decreased Credit Losses: The improvement in profitability was aided by a reduction in provisions for credit losses.
TD
$91.65+Infinity%1D
Analyst Views on TD
Wall Street analysts forecast TD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TD is 82.60 USD with a low forecast of 71.00 USD and a high forecast of 88.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast TD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TD is 82.60 USD with a low forecast of 71.00 USD and a high forecast of 88.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
5 Hold
1 Sell
Moderate Buy
Current: 92.040
Low
71.00
Averages
82.60
High
88.75
Current: 92.040
Low
71.00
Averages
82.60
High
88.75
UBS
Jill Shea
Neutral
maintain
$122 -> $126
2025-12-08
Reason
UBS
Jill Shea
Price Target
$122 -> $126
2025-12-08
maintain
Neutral
Reason
UBS analyst Jill Shea raised the firm's price target on TD Bank to C$126 from C$122 and keeps a Neutral rating on the shares.
BMO Capital
Outperform
maintain
$120 -> $128
2025-12-05
Reason
BMO Capital
Price Target
$120 -> $128
2025-12-05
maintain
Outperform
Reason
BMO Capital raised the firm's price target on TD Bank to C$128 from C$120 and keeps an Outperform rating on the shares. The company delivered an across-the-board beat led by U.S. Retail, while its Wealth Management / Insurance and Wholesale Banking also meaningfully beat forecasts, and Canadian P&C Banking modestly exceeded the firm's estimates, the analyst tells investors in a research note.
Canaccord
Buy
maintain
$122 -> $126
2025-12-05
Reason
Canaccord
Price Target
$122 -> $126
2025-12-05
maintain
Buy
Reason
Canaccord raised the firm's price target on TD Bank to C$126 from C$122 and keeps a Buy rating on the shares.
Barclays
Underweight
maintain
$114 -> $118
2025-12-05
Reason
Barclays
Price Target
$114 -> $118
2025-12-05
maintain
Underweight
Reason
Barclays raised the firm's price target on TD Bank to C$118 from C$114 and keeps an Underweight rating on the shares post the fiscal Q4 report. The company's adjusted earnings exceeded consensus on lower than modeled crest losses and higher than expected fee revenue, the analyst tells investors in a research note.
About TD
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank, along with subsidiaries, operates across four main business segments: Canadian Personal and Commercial Banking, the United States (U.S.) Retail, Wealth Management and Insurance, and Wholesale Banking. The Canadian Personal and Commercial Banking, which includes TD Canada Trust and TD Auto Finance Canada. The U.S. Retail segment includes TD Bank, a Convenient Bank, TD Auto Finance U.S., and TD Wealth (U.S.). The Wealth Management and Insurance segment includes TD Wealth (Canada), TD Direct Investing, and TD Insurance. The Wholesale Banking segment includes TD Securities and TD Cowen. The Bank offers a wide range of products and services, including banking accounts, financing, investment solutions, cash management (information, consolidation and reporting, payables, and receivables), U.S. banking services, global services, business credit life insurance, wealth advisory services and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
