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TD Earnings

Toronto-Dominion Bank
$
73.210
+0.13(0.178%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings

Earning Analysis

Welcome to our in-depth analysis of Toronto-Dominion Bank(TD) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Toronto-Dominion Bank earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.

Earnings Forecast

Revenue
EPS
Currency: CAD
Actual
Estimate

Surprise Analysis

Name
EPS
Revenue
Price Reaction
Fiscal QuarterEarning DateTimeEstimateActualSurprise%EstimateActualSurprise%1D5D
FY2025Q22025-05-22Pre-Market1.241.39+12.1013.45B15.14B+12.58+3.35+5.14
FY2025Q12025-02-27Pre-Market1.381.39+0.7213.21B15.03B+13.74+0.10-0.82
FY2024Q42024-12-05Pre-Market1.281.72+34.3712.41B14.90B+20.00-6.71-5.49
FY2024Q32024-08-22Pre-Market1.511.50-0.6612.69B14.24B+12.17-2.19-0.55
FY2024Q22024-05-23-1.351.50+11.1112.43B13.88B+11.72-1.94-2.03
FY2024Q12024-02-29-1.421.47+3.5212.37B13.77B+11.35+0.99+1.67
FY2023Q42023-11-30-1.371.35-1.4612.36B13.19B+6.69-0.51-1.32
FY2023Q32023-08-24-1.521.48-2.6312.00B13.01B+8.46-3.45+0.18
-2023-05-25-1.521.43-5.92----4.39-3.72
-2023-03-02-1.611.64+1.86----2.33-5.18

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TD Earnings Analysis

Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Toronto-Dominion Bank reported performance for FY2025Q2, announced on 2025-05-22. The company achieved an EPS of 1.39, compared to analyst estimates of 1.24 by 12.10% . Revenue for the quarter reached 15.14B compared to expectations of 13.45B by 12.58% .
The stock price reacted with a 3.35% one-day change and a 5.14% five-day change following the earnings release. These movements reflect market reaction in Toronto-Dominion Bank growth trajectory and strategic initiatives.

TD Earnings Forecast

Looking ahead, Toronto-Dominion Bank(TD) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q3 project quarter revenue of 13.73B and an EPS of 2.03.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 0.96%, while EPS estimates have been Revise Upward by 3.79%. For the upcoming Q3 2025, revenue estimates have been adjusted Revise Upward by 1.11% . These revisions correlate with a 14.50% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Toronto-Dominion Bank long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.

Estimate Revision

The chart shows the correlation between TD's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward
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+0.96%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
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+3.79%
In Past 3 Month
Revenue Estimates for Q3 2025
Revise Upward
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+1.11%
In Past 3 Month
Stock Price
Go Up
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+14.50%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
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Revenue Estimate-Annual FY 2025:54.71B
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EPS Estimate-Annual FY 2025:7.97
Stock Price73.21

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TD Revenue and EPS Performance: A Historical Perspective

Toronto-Dominion Bank revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q2 (2025-05-22,Pre-Market):
EPS: 1.39 (Actual) vs.1.24 (Estimate) (12.10%)
Revenue: 15.14B (Actual) vs. 13.45B (Estimate) (12.58%)
Price Reaction: 3.35%(1-Day), 5.14%(5-Day)
FY2025Q1 (2025-02-27,Pre-Market):
EPS: 1.39 (Actual) vs.1.38 (Estimate) (0.72%)
Revenue: 15.03B (Actual) vs. 13.21B (Estimate) (13.74%)
Price Reaction: 0.10%(1-Day), -0.82%(5-Day)
FY2024Q4 (2024-12-05,Pre-Market):
EPS: 1.72 (Actual) vs.1.28 (Estimate) (34.37%)
Revenue: 14.90B (Actual) vs. 12.41B (Estimate) (20.00%)
Price Reaction: -6.71%(1-Day), -5.49%(5-Day)
Earnings Reaction
The chart below shows how TD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TD sees a +1.86% change in stock price 10 days leading up to the earnings, and a -0.09% change 10 days following the report. On the earnings day itself, the stock moves by -1.71%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in APR/2025, the stock changed 1.12% on the day following the earnings release and then changed by 5.14% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.

Transcript Summary

Toronto-Dominion Bank (TD) Q2 2025 Earnings Call Summary
Positive
2025-05-23
The earnings call summary shows strong financial performance with increased EPS, revenue, and a high CET1 ratio. The share buyback and positive guidance on NIM expansion and US Retail earnings further support a positive outlook. Despite some concerns about expenses and unclear responses in the Q&A, the overall sentiment is positive due to the strategic buyback plan, robust capital position, and optimistic future earnings expectations.
Toronto-Dominion Bank (TD) Q2 2025 Earnings Call Summary
Positive
2025-05-22
The earnings call summary indicates strong financial performance with a significant share buyback, stable NIM, and improved capital position. The Q&A section reveals positive NII and NIM expectations and potential for future buybacks. While management avoided specifics on some queries, the overall sentiment is optimistic, particularly with the substantial share buyback and stable financial health. Despite some uncertainties, the guidance for growth and strategic initiatives like digital leadership and wealth management growth are positive indicators for the stock price.
Toronto-Dominion Bank (TD) Q2 2025 Earnings Call Summary
Positive
2025-05-22
The earnings call indicates strong financial performance with increased EPS, a high CET1 ratio, and record revenue in wholesale banking, alongside a significant share buyback. Despite some restructuring charges, the overall financial health appears robust. The Q&A section reveals positive sentiment towards future NII benefits and strategic initiatives. However, some uncertainty remains around restructuring impacts and potential buybacks. Given the strong fundamentals and strategic initiatives, a positive stock price movement is anticipated over the next two weeks.
Toronto-Dominion Bank (TD) Q1 2025 Earnings Call Summary
Neutral
2025-02-27
The earnings call shows mixed signals: strong revenue growth and a share buyback program are positive, but increased expenses and credit losses raise concerns. The Q&A reveals management's comfort with guidance, but the lack of specific NIM guidance and economic uncertainties temper enthusiasm. The flat earnings and EPS, combined with economic and operational risks, suggest a neutral stock price movement.
The Toronto-Dominion Bank (TD) Q4 2024 Earnings Call Summary
Negative
2024-12-05
The earnings call reflects several challenges, including increased expenses, credit quality concerns, and catastrophic claims impacting earnings. Although revenue grew, earnings and EPS declined. The Q&A reveals uncertainties, particularly regarding strategic review outcomes and growth prospects. While a dividend increase is positive, the lack of a share buyback program and ongoing AML issues weigh negatively. Overall, the negative aspects, especially credit losses and regulatory compliance pressures, overshadow the positives, leading to a negative sentiment.
The Toronto-Dominion Bank (TD) Q3 2024 Earnings Call Summary
Neutral
2024-08-22
The earnings call summary shows mixed results: strong revenue growth and record high revenues in Canadian banking are positive, but increased provisions for credit losses and a decline in CET1 ratio raise concerns. The Q&A session reveals management's conservative capital stance and uncertainty around AML issues, which could impact market sentiment. The lack of share buybacks and potential for increased expenses further contribute to a neutral outlook. Despite some positive financial performance, uncertainties and risks temper expectations for significant stock price movement.

FAQ

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What were the key highlights of TD’s latest earnings report for FY2025Q2?

TD reported its FY2025Q2 earnings on 2025-05-22, showcasing a revenue of 15.14B against an estimate of 13.45B, resulting in a 12.58% surprise. The EPS was 1.39, surpassing the expected 1.24 by 12.1% . The stock experienced a 3.35% price change on the earnings day and a 5.14% change over the next five days, reflecting market reactions to the results.
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How did TD’s stock price react after the FY2025Q2 earnings release?

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What are the revenue and EPS estimates for TD for 2025/Q3?

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How does TD’s stock price correlate with earnings forecast revisions?

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What should investors expect from TD’s next earnings report?

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What is the sentiment in Toronto-Dominion Bank (TD) Q2 2025 Earnings Call Summary?