The Toronto-Dominion Bank (USA) (NYSE:TD)

This puppy is about as low as it's been in months, and the dividend yield is now flirting with 4%. Do you really think it's going to go lower?

CEO

Toronto-Dominion Bank (TD) is Canada’s second largest bank. Yield 3.8%, 20 yr growth of 11% yr, Total 15 yr annual ROR 10.5%, PE 12, EPS $6.41, EPS growth 7.5%, next 5 yr estimated annual ROR 16% yr. TD’s business interests (see TD web site investor relations) include TD Canada Trust 1,100 branches and 2,600 ATMs. TD Commercial Banking, TD Auto Finance Canada, TD Auto Finance (U.S.), TD Bank - America's Most Convenient Bank (east coast U.S.), TD Waterhouse (Canada), TD Waterhouse International, TD Asset Management, TD Wealth, TD Ameritrade, TD Direct Investing serving 19 million customers, TD Insurance, and TD Insurance (U.S.). Data from November 2012 when I purchased the stock.

Strong Canadian Bank

#2 reason why the Canadian financial system is in great shape.

no risk here, Canadian banks didn't gamble with customers money.

now that everyone else is having trouble "managing risk" - TD can (and is) spreading South.

TD Bank's latest acquisition strategy (Chrysler Financial, BNMA) should payoff in the long run.

Pretty innovative Canadian bank in great shape and spreading internationally to the U.S. I like the "TD Ameritrade" branding as an "in" with Americans. Their retail locations are also branded as "TD Bank, America's Most Convenient Bank". Good start, good dividend. I'll hold for 5 and re-evaluate.

Great Canadian Bank - enough said!

solid bank with increasing and well funded dividend

convenience gives it a competitive edge. good customer service. also, canada's financial situation is pretty strong.

I agree with Peter Lynch "Buy stocks where you shop." TD bank is a great bank, customer service is unparalleled and they are expanding all around the United States not to mention, expanding their business model from just a bank to brokerage accounts and insurance arms. The Canadian banking system, in my opinion is the finest in the world, thus I can see this bank approaching 100+. Sort of like the Goldman Sachs of Canada.

Bearish on all Canadian Banks

#2 Canadian bank with approximate market cap of $58,440,000,000 CDN

Canadian banks have a significant advantage, since they did well during and after the subprime crisis in 2008.

Still Strong and falls less anyway

Profile
Toronto-Dominion Bank
Toronto Dominion Centre
PO Box 1
Toronto, ON M5K 1A2
Phone: 416-982-8222
Fax: 416-982-5671
Web Site: www.td.com

DETAILS
Index Membership: N/A
Sector: Financial
Industry: Money Center Banks
Employees (last reported count): 62,520

BUSINESS SUMMARY
The Toronto-Dominion Bank, together with its subsidiaries, provides retail and commercial banking, wealth management, and wholesale banking products and services in North America and internationally. The company operates in four segments: Canadian Personal and Commercial Banking, Wealth Management, U.S. Personal and Commercial Banking, and Wholesale Banking. The Canadian Personal and Commercial Banking segment comprises its Canadian banking and global insurance businesses that serve personal and small business customers. It provides a range of insurance products, such as home and automobile coverage, life and health insurance in Canada and the U.S.; business property and casualty business in the U.S.; and credit protection coverage on lending products. This segment also offers banking solutions through telephone and Internet banking. The Wealth Management segment provides discount brokerage, financial planning, private investment advice, and private client services in Canada; and financial advisory, private banking, and trust and investment management services to the U.S. clients. The U.S. Personal and Commercial Banking segment comprises the retail and commercial banking operations in the United States. It serves through a network of approximately 1,028 branches. The Wholesale Banking segment serves corporate, government, and institutional clients in financial markets worldwide. It provides a range of capital market and investment banking products and services that include underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs. As of October 31, 2009, the company operated approximately 2,600 automated banking machines, and a network of 1,116 branches located in Canada. The company was founded in 1855 and is headquartered in Toronto, Canada.

***All above information from YAHOO FINANCE***

Canadian Bank. I like the dividend.

Big, strong Canadian bank with a nice dividend. Buy on the dips and in the long run I think this will handily beat any US financial equities. We should start modeling everything we do after the Canadians. Unfortunately, it's that American pride (and greed) that prohibits us from doing so.