Toronto-Dominion Bank 株価情報 (NYSE: TD)

最新ニュース Toronto-Dominion Bank (NYSE:TD) 株価情報

Toronto-Dominion Bank

Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, US retail banking, and wholesale banking. The bank's US operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 10.1% ownership stake in Charles Schwab.

The Toronto-Dominion Bank

TX Group AG

Translational Development Acquisition Corp. - Units

Translational Development Acquisition Corp

TORONTO DOM NON CUM PFD 1 by Toronto Dominion Bank (ON)

TORONTO DOMINION BK PFD 7 by Toronto Dominion Bank (ON)

TOYODA BOSHOKU CORP ORD by Toyota Boshoku Corp.

Toyota Boshoku Corp

TOYOTA BOSHOKU UNSP/ADR by Toyota Boshoku Corp.

TDB SPLIT CORP CL A NEW by TDB Split Corp

TDb Split Corp

Teradata Corp

THIRD CENTURY BANCORP by Third Century Bancorp

Third Century Bancorp

TDC SOFTWARE ENGINEERING by Tdc Software Engineering Inc.

TDC Soft Inc

TDCX INC ADS

First Trust Exchange-Traded Fund VIII FT Vest Emerging Markets Buffer ETF - December

Templeton Dragon Fund Inc

Transdigm Group Incorporated Common Stock

TransDigm Group Inc

TDG GOLD CORP by TDG GOLD CORP.

TAIHEI DENGYO KAISHA LTD by Taihei Dengyo Kaisha Ltd.

Taihei Dengyo Kaisha Ltd

T&D HOLDINGS INC ORD by T&D Holdings, Inc.

T&D Holdings Inc

T&D HOLDINGS UNSP/ADR by T&D Holdings, Inc.

Touchstone Dynamic International ETF

First Trust NASDAQ Technology Dividend Index Fund

MACH7 TECHNOLOGIES ORD by Mach7 Technologies Ltd

Mach7 Technologies Ltd

Tadano Ltd

Trident Brands Inc

Teladoc Health Inc

TORONTO DOM BK SER 9 PFD by Toronto Dominion Bank (ON)

TORONTO DOMINION BK PFD 5 by Toronto Dominion Bank (ON)

Tod's SpA ADR

TRINEX MINERALS LTD by TRINEX MINERALS LTD.

TIDEROCK COMPANIES INC by Tiderock Companies Inc.

Tiderock Companies Inc

TUDOR GOLD CORP NEW by TUDOR GOLD CORP NEW

Tudor Gold Corp

Telephone and Data Systems, Inc. Common Shares

Telephone and Data Systems Inc

Exchange Listed Funds Trust Cabana Target Drawdown 5 ETF

Cabana Target Beta ETF

Cabana Target Drawdown 10 ETF

Exchange Listed Funds Trust Cabana Target Drawdown 13 ETF

Exchange Listed Funds Trust Cabana Target Drawdown 16 ETF

TELO GENOMICS CORP by Telo Genomics Corp.

Telo Genomics Corp

Telephone and Data Systems, Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a 6.625% Series UU Cumulative Redeemable Perpetual Preferred Stock

Telephone and Data Systems, Inc. Depositary Shares, Each Representing a 1/1,000th Interest in a 6.000% Series VV Cumulative Redeemable Perpetual Preferred Stock

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Trident Digital Tech Holdings Ltd - American Depository Shares

Trident Digital Tech Holdings Ltd

Trident Royalties PLC

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

ThredUp Inc

ProShares S&P Technology Dividend Aristocrats ETF

T. Rowe Price Dividend Growth ETF

FT Vest Technology Dividend Target Income ETF

Dynavox Group AB

Tidewater Inc

TIDEWATER RENEWABLES LTD by TIDEWATER RENEWABLES LTD.

Tidewater Renewables Ltd

Teledyne Technologies Incorporated Common Stock

Teledyne Technologies Inc

THERMODYNETICS INC by Thermodynetics, Inc.

Thermodynetics Inc

TD currently holds 184,678,738 shares of Schwab's common stock representing 10.1% economic ownership. The Bank will sell 165,443,530 shares through a registered offering at a price of US$79.25 per share. Schwab will purchase 19,235,208 shares from the Bank for a total purchase price of US$1.5 billion. The sale is expected to close on February 12, 2025, subject to customary closing conditions.
The transaction will generate net proceeds of approximately C$20 billion after taxes and underwriting discount with C$15 billion in CET1 capital created or 247 bps of CET1 capital released.

News

SCHW

TD Bank Group Prices Sale Of 184.7M Schwab Shares At $79.25 Each, Unlocking C$20B In Proceeds And Launching Share Buyback Program

Buybacks

Charles Schwab Agrees To Repurchase $1.5B Of Its Nonvoting Common Stock Directly From TD, In Private Transaction

WIIM

TD Bank shares are trading higher after the company announced plans to sell its equity investment in Charles Schwab.

TD will continue to have a business relationship with Schwab through the Insured Deposit Account (IDA) Agreement.
TD currently holds 184.7 million shares of Schwab's common stock, representing 10.1% economic ownership. Schwab has agreed to repurchase $1.5 billion of its shares from TD conditional on completion of the offering.

Offerings

TD Bank Group Intends To Sell Its Entire Equity Investment In Charles Schwab Through Registered Offering And Share Repurchase By Schwab

This represents approximately 5.7% of its issued and outstanding common shares and its public float as af October 31, 2024. TD will file a notice of intention with the TSX in this regard.

TD Bank Group Reveals Intention To Purchase For Cancellation Up To 100M Of Its Common Shares

<a href="https://www.bloomberg.com/news/articles/2025-02-07/bank-of-america-to-buy-9-billion-jumbo-mortgage-book-from-td?utm_medium=social&amp;cmpid=socialflow-twitter-business&amp;utm_campaign=socialflow-organic&amp;utm_content=business&amp;utm_source=twitter&amp;sref=ZoyErlU1" title="https://www.bloomberg.com/news/articles/2025-02-07/bank-of-america-to-buy-9-billion-jumbo-mortgage-book-from-td?utm_medium=social&amp;cmpid=socialflow-twitter-business&amp;utm_campaign=socialflow-organic&amp;utm_content=business&amp;utm_source=twitter&amp;sref=ZoyErlU1">https://www.bloomberg.com/news/articles/2025-02-07/bank-of-america-to-buy-9-billion-jumbo-mortgage-book-from-td?utm_medium=social&amp;cmpid=socialflow-twitter-business&amp;utm_campaign=socialflow-organic&amp;utm_content=business&amp;utm_source=twitter&amp;sref=ZoyErlU1</a>

'Bank Of America To Buy $9B Jumbo Mortgage Portfolio From TD' - Bloomberg News

SHOP

Shares of US-listed Canadian companies are trading higher after the US paused tariffs on Canada.

Shares of US-listed Canadian companies are trading lower following US tariffs.

<a href="https://www.bloomberg.com/news/articles/2025-01-21/td-eyes-selling-9-billion-of-mortgages-as-it-faces-asset-cap" title="https://www.bloomberg.com/news/articles/2025-01-21/td-eyes-selling-9-billion-of-mortgages-as-it-faces-asset-cap">https://www.bloomberg.com/news/articles/2025-01-21/td-eyes-selling-9-billion-of-mortgages-as-it-faces-asset-cap</a>

'TD Eyes Selling $9B Of Mortgages As It Faces Asset Cap; Bids On Portfolio Of Jumbo Home Loans Are Due Next Week; Bank Agreed To Cap Us Assets As Part Of Money Laundering Plea' - Bloomberg News

<ul>
<li>Raymond Chun to become Group President and CEO on February 1, 2025</li>
<li>Board adopts new term limits; five directors to retire at 2025 Annual Meeting of Shareholders</li>
<li>Four new directors to stand for election at 2025 Annual Meeting of Shareholders</li>
<li>New chairs appointed for four of five Board committees</li>
</ul>
TORONTO, Jan. 17, 2025 /CNW/ - TD Bank Group ("TD" or the "Bank") (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TD#TSX">TD</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) today made the following announcements.
CEO Transition
Raymond Chun, currently Chief Operating Officer, will be appointed Group President and Chief Executive Officer (CEO) on February 1, 2025, accelerating the previously announced transition date of April 10, 2025.
Upon Mr. Chun's appointment, Bharat Masrani will retire as Group President and CEO and from the Board of Directors (the "Board"). Mr. Masrani will remain available to the Bank in an advisory capacity until July 31, 2025; during the transition, he will provide continuity on the Bank's critical Anti-Money Laundering (AML) remediation effort.

Management

TSX:TD

TD Bank Announces Raymond Chun To Become Group President And CEO On February 1, 2025; Announces Board And Committee Renewal

Toronto Dominion Says TD Asset Management Inc. Broadens Its ETF Lineup With Two New U.S. Dollar Offerings And Expanded Suite Of Target Maturity Bond ETFs

<h2 class="wp-block-heading">New On The Block</h2>
TD Bank, or Toronto-Dominion Bank (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TD#TSX">TD</a>), will consider selling its 10.1% stake in Charles Schwab Corp. The sale is part of a strategic review stemming from the Canadian bank&#8217;s <a href="https://www.benzinga.com/government/24/10/41271816/td-bank-to-face-3b-penalty-growth-limits-in-us-settlement-over-anti-money-laundering-failures">U.S. money-laundering scandal</a>. 
Incoming TD Bank CEO Raymond Chun confirmed the process to <a href="https://www.bloomberg.com/news/articles/2025-01-07/td-mulling-fate-of-schwab-stake-in-review-incoming-ceo-says?srnd=phx-deals">Bloomberg</a>.
Meanwhile, Eyenovia Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYEN#NASDAQ">EYEN</a>) hired New York-based investment bank Chardan to explore either a reverse merger or sale. The ophthalmic technology company is keen on conserving cash while continuing to develop its <a href="https://www.benzinga.com/general/biotech/24/08/40514648/why-is-eye-disease-focused-eyenovia-stock-trading-higher-on-thursday">Gen-2 Optejet device</a>. 
By cutting spending by 60%, Eyenovia is stretching its financial resources to give itself more time to consider potential opportunities. Whether that turns out to be a deal remains to be seen.
Smart Share Global Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EM#NASDAQ">EM</a>) is also considering buyout offers. So far, only Trustar Capital offered to take the company private at 62 cents per share. That&#8217;s <a href="https://www.benzinga.com/news/small-cap/25/01/42809956/why-is-smart-share-global-stock-surging-premarket-on-monday">a tempting 74.8% premium</a>. 
Smart Share boasted a financial war chest of $440.9 million as of mid-2024.
Lastly, Warburg Pincus is exploring a sale of Boca Raton, Florida-based medical software firm Modernizing Medicine. Reuters reports that the auction could attract bids north of $5 billion.
<h2 class="wp-block-heading">Off The Block</h2>
Revelyst, the former Vista Outdoor Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSTO#NYSE">VSTO</a>) unit that includes bicycle-related brands, is officially owned by investment firm Strategic Value Partners as part of a $1.125 billion deal. 
True Religion, the jeans brand that&#8217;s as resilient as its famously chunky stitching, has a new owner. After surviving <a href="https://www.latimes.com/business/story/2020-04-13/true-religion-files-for-bankruptcy-again-as-denims-allure-fades">two bankruptcies</a>, the brand began collecting offers from apparel companies and private equity firms, CNBC <a href="https://www.cnbc.com/2024/02/15/jeans-brand-true-religion-exploring-sale.html">reported</a> last year. Acon Investments, teaming up with a fund led by American Eagle CEO Jay Schottenstein, emerged as a winning bidder.
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42913622/dollar-soars-to-27-month-highs-30-year-yields-hit-5-stocks-tumble-jobs-report-oil-spike-darken-feds-interest-rate-cut-hopes">Dollar Soars To 27-Month Highs, 30-Year Yields Hit 5%, Stocks Tumble As Jobs Report, Oil Spike Darken Fed&#8217;s Interest Rate Cut Hopes</a>
<h2 class="wp-block-heading">Updates From The Block</h2>
Houston-based gas power producer Calpine received a $30-billion offer from Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>), a nuclear power giant known for its &#8220;emissions-free&#8221; messaging. The deal marks a significant pivot for Constellation, which spun off from Exelon in 2022 and has since doubled its share price. Calpine, previously taken private in 2018 for $17 billion by Energy Capital Partners, Access Industries and CPP Investments, would bring a major gas-fired portfolio under Constellation&#8217;s umbrella, forcing a rethinking of its <a href="https://www.benzinga.com/topic/green-energy">green-energy branding</a>.
Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) and Fubotv Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) have agreed to merge their <a href="https://www.benzinga.com/general/entertainment/25/01/42857294/fubo-gets-fairy-tale-outcome-analyst-says-disney-deal-lowers-risks-overhang-on-stock">live TV streaming businesses</a>. Disney will take a 70% ownership stake in Fubo and the combined entity will become the second-largest live TV streamer in North America, with 6.2 million subscribers — trailing YouTube TV. Hulu + Live TV is included in the deal, while the rest of Hulu remains independent. As part of the agreement, Fubo <a href="https://www.benzinga.com/markets/equities/24/09/40855153/fubotvs-lawsuit-against-disney-fox-and-warner-scheduled-for-october-2025-trial-report">will drop its lawsuit</a> against Disney-backed Venu Sports. Disney and its partners will pay Fubo $220 million and Disney will provide a $145 million term loan due in 2026. The deal also includes a $130 million termination fee if it fails to close due to regulatory issues.
KKR &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>) is extending its offer period to FUJI SOFT shareholders from Jan. 9 to Jan. 24, seemingly hoping patience will outlast Bain Capital's aggressive courtship. Bain Capital, meanwhile, has gone full &#8220;hostile partial takeover&#8221; mode. But KKR, as the largest shareholder, is reportedly confident that Bain Capital's offer <a href="https://www.benzinga.com/25/01/42894417/kkr-extends-tender-offer-for-fuji-soft-amid-bain-capitals-hostile-bid">will not gain traction</a>.
Paychex, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>) is acquiring Paycor HCM, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYCR#NASDAQ">PYCR</a>) in an all-cash deal valued at $4.1 billion, offering $22.50 per share — a 19% premium over Paycor's recent trading average. The acquisition, unanimously approved by both companies&#8217; boards, is set to close in the first half of 2025, <a href="https://www.benzinga.com/25/01/42855388/paychex-buys-paycor-41-billion-deal-to-strengthen-ai-driven-hr-solutions">pending regulatory approvals</a>.
The Goodyear Tire &amp; Rubber Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GT#NASDAQ">GT</a>) entered <a href="https://www.benzinga.com/25/01/42873285/goodyear-sells-dunlop-brand-to-sumitomo-rubber-expects-65-million-annual-soi-impact">a deal to sell its Dunlop brand</a> to Sumitomo Rubber Industries (SRI) for cash <a href="https://www.benzinga.com/pressreleases/25/01/n42865505/goodyear-announces-sale-of-dunlop-brand-to-sumitomo-rubber-industries" target="_blank" rel="noreferrer noopener">proceeds of around $701 million</a>. The purchase amount covers the brand transfer across Europe, North America and Oceania, a transition support fee and Dunlop tire inventory purchase. The deal also includes ongoing offtake, licensing and other commercial arrangements. Dunlop brand includes trademarks and related intangible assets for consumer, commercial and specialty tires across Europe, North America and Oceania. As per the deal, Goodyear will continue producing and distributing Dunlop consumer tires in Europe until at least Dec. 31, 2025, paying royalties to SRI while retaining all profits.
Italy&#8217;s Banca Ifis on Wednesday made a 298 million euro ($309 million) offer in shares and cash for its competitor, specialty lender Illimity Bank S.p.A. 
<h2 class="wp-block-heading">Bankruptcy Block</h2>
Prospect Medical Holdings is working with law firm Sidley Austin and consulting firm Alvarez &amp; Marsal to restructure three Connecticut hospitals that are under financial strain, according <a href="https://www.wsj.com/articles/prospect-medical-explores-restructuring-56ab7a48" target="_blank" rel="noreferrer noopener">to</a> The Wall Street Journal. Prospect purchased the hospitals (located in Waterbury, Manchester and Vernon) in 2016. Yale New Haven Health System intended to buy the hospitals for $435 million in 2022, but an agreement never came to fruition. As of Friday, the hospitals have not yet filed for bankruptcy.
Corsa Coal Corp. (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/CSO#TSXV">CSO</a>) filed for voluntary chapter 11 relief in the U.S. Bankruptcy Court for the Western District of Pennsylvania on Jan. 6. It intends to conduct a sale of its assets. The company committed $15 million in debtor-in-possession financing to support operations during the bankruptcy and sale process.
<h2 class="wp-block-heading">Notes From The Block</h2>
<ul>
<li>At least 686 U.S. companies filed for bankruptcy in 2024, according to the <a href="https://www.ft.com/content/ac3c1e2f-c9bc-417e-a686-7170e1bf8533">Financial Times</a>.</li>
<li>That&#8217;s up about 8% from 2023. It&#8217;s also higher than any year since the 828 filings in 2010. Recall how companies were still reeling from the financial crisis at the time.</li>
<li>At least 30 of last year's bankruptcy filers had at least $1 billion in liabilities at the time of filing, the publication noted, citing data from S&amp;P Global Market Intelligence.</li>
<li>Some of the major bankruptcies from 2024 included Party City, Tupperware, Red Lobster, Spirit Airlines and Avon Products.</li>
<li>It&#8217;s worth noting that liability management exercises are becoming increasingly common. These out-of-court sessions are meant to serve as a workaround or alternative to bankruptcy.</li>
<li>Joshua Clark, a senior director at Fitch Ratings, notes that many of the companies that go through those types of ordeals go bankrupt anyway if a debt agreement falls apart.</li>
</ul>
For last week&#8217;s Deal Dispatch, <a href="https://www.benzinga.com/general/health-care/25/01/42793786/deal-dispatch-vera-bradley-party-city-modells-interest">click here</a>.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/real-estate/25/01/42877452/27-million-price-tag-for-late-hasbro-ceos-beverly-hills-oasis">$27 Million Price Tag For Late Hasbro CEO&#8217;s Beverly Hills Oasis</a></li>
</ul>

EYEN

FUBO

PAYX

PYCR

TSX:CSO

TSXV:CSO

VSTO

Deal Dispatch: TD Bank To Sell Charles Schwab Stake? Eyenovia, Smart Share Hit Auction Block

TD Bank Group Incoming CEO Says Strategic Review And Capital Allocation Will Allow TD To Accelerate Momentum In Canadian Businesses And TD Securities

Canadian Prime Minister Justin Trudeau, who has been in power for nearly 10 years, announced his resignation Monday.
Trudeau said he will step down after the Liberal Party selects its new leader and said the Parliament will be suspended until March 24.
"I care deeply about this country and I will always be motivated by what is in the best interests of Canadians. And the fact is, despite best efforts to work through it, Parliament has been paralyzed for months after what has been the longest session of a minority Parliament in Canadian history," he said. 
<h2 class="wp-block-heading">Canada Stocks To Watch With Trump Tariff Threats, Trudeau Exit On Horizon </h2>
U.S.-traded stocks of major Canadian companies, particularly in the financial and energy sectors, could experience volatility due to this political upheaval. Mexico, Canada and China — the three countries U.S. President-elect Donald Trump has targeted for tariffs — are the U.S.'s top three trading partners.
Canadian banking institutions traded in the U.S. include the : Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>), Toronto-Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>), Bank of Montreal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMO#NYSE">BMO</a>) and the Canadian Imperial Bank of Commerce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CM#NYSE">CM</a>).
Energy companies could also be affected by the political upheaval in Canada: they include e Enbridge Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), TC Pipelines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>), Suncor Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>) and Canadian Natural Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>).
In the tech sector, Ottawa-based Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) is trading up 3.7%.
Trudeau's announcement comes shortly after the resignation of Finance Minister Chrystia Freeland, who <a href="https://www.benzinga.com/news/global/24/12/42520833/trudeaus-government-loses-a-top-negotiator-ahead-of-trumps-second-term">stepped down</a> in mid-December due to disagreements with Trudeau&#8217;s spending proposals. Freeland, who also served as deputy prime minister, left the cabinet because she believed Trudeau was not taking adequate measures to prepare for a <a href="https://www.benzinga.com/news/global/24/12/42475000/if-trump-starts-a-trade-war-canada-could-impose-export-taxes-on-oil-uranium-report">potential trade war</a> with Washington.
Canadian ETFs likely to be affected by this political firestorm, according to <a href="https://www.benzinga.com/money/etf-canada">Benzinga Pro</a>, include <a href="https://www.benzinga.com/quote/BBCA" target="_blank" rel="noreferrer noopener">JPMorgan BetaBuilders Canada ETF</a> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BBCA#BATS">BBCA</a>) which is trading up 0.9%; the iShares MSCI Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>), up 0.79%; SPDR Solactive Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZCAN#NYSE">ZCAN</a>), up 0.88%; and Invesco CurrencyShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXC#NYSE">FXC</a>), up 0.59%. The <a href="https://www.benzinga.com/quote/FLCA" target="_blank" rel="noreferrer noopener">Franklin FTSE Canada ETF</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLCA#NYSE">FLCA</a>) is trading 0.95% higher midday Monday.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/42813324/trumps-universal-tariff-plans-take-shape-analysts-expect-stronger-for-longer-greenback#google_vignette">Trump&#8217;s Universal Tariff Plans Take Shape, Analysts Expect &#8216;Stronger For Longer&#8217; Greenback</a></li>
</ul>
Photo: Shutterstock.

Government

Specialty ETFs

Politics

Economics

ETFs

BBCA

FLCA

ZCAN

Justin Trudeau Will Step Down As Canada Faces Tension Over Trump Tariffs

TD Bank Group Files For Mixed Shelf Offering Of Up To $75B

Financial giants have made a conspicuous bullish move on Toronto-Dominion Bank. Our analysis of options history for Toronto-Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) revealed 10 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $67,556, and 8 were calls, valued at $304,678.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $47.5 to $60.0 for Toronto-Dominion Bank over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Toronto-Dominion Bank options trades today is 1623.5 with a total volume of 2,091.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Toronto-Dominion Bank's big money trades within a strike price range of $47.5 to $60.0 over the last 30 days.
<h3>Toronto-Dominion Bank Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733508167_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$3.8</td>
<td>$3.2</td>
<td>$3.8</td>
<td>$60.00</td>
<td>$60.8K</td>
<td>332</td>
<td align="right">20</td>
</tr>
<tr>
<td>TD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$5.4</td>
<td>$4.9</td>
<td>$4.9</td>
<td>$55.00</td>
<td>$59.8K</td>
<td>3.7K</td>
<td align="right">270</td>
</tr>
<tr>
<td>TD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$1.8</td>
<td>$1.6</td>
<td>$1.75</td>
<td>$47.50</td>
<td>$35.0K</td>
<td>29</td>
<td align="right">200</td>
</tr>
<tr>
<td>TD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$3.6</td>
<td>$3.4</td>
<td>$3.5</td>
<td>$55.00</td>
<td>$35.0K</td>
<td>3.9K</td>
<td align="right">406</td>
</tr>
<tr>
<td>TD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$3.6</td>
<td>$3.1</td>
<td>$3.45</td>
<td>$55.00</td>
<td>$34.5K</td>
<td>3.9K</td>
<td align="right">306</td>
</tr>
</tbody>
</table>

<h3>About Toronto-Dominion Bank</h3>
Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, US retail banking, and wholesale banking. The bank's US operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.
Following our analysis of the options activities associated with Toronto-Dominion Bank, we pivot to a closer look at the company's own performance.
<h3>Current Position of Toronto-Dominion Bank</h3>
<ul>
<li>Currently trading with a volume of 2,800,509, the TD's price is down by -1.63%, now at $51.94. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 83 days.</li>
</ul>
<h3>What The Experts Say On Toronto-Dominion Bank</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $77.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from RBC Capital has decided to maintain their Sector Perform rating on Toronto-Dominion Bank, which currently sits at a price target of $77. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Toronto-Dominion Bank with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

Decoding Toronto-Dominion Bank's Options Activity: What's the Big Picture?

RBC Capital analyst Darko Mihelic maintains Toronto-Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) with a Sector Perform and lowers the price target from $82 to $77.

Price Target

Analyst Ratings

RBC Capital Maintains Sector Perform on Toronto-Dominion Bank, Lowers Price Target to $77

ECONOMIC SUMMARY AND OUTLOOK
The global economy remains on track for a modest slowdown in calendar 2024, as high interest rates continue to weigh on growth. Alongside slower growth, inflation across the G-7 has cooled, and central banks have started to lower interest rates. TD Economics expects future interest rate reductions to be gradual, as central banks assess how growth and inflation respond. In addition, the evolution of geopolitical risks maintains a degree of uncertainty on both the economic outlook and the inflation trajectory.
The U.S. economy has continued to grow at a solid pace in calendar 2024 supported by resilient consumer spending and strength in business investment. High borrowing costs have curtailed residential investment, which has weighed on overall growth. With U.S. domestic demand outpacing many of its advanced economy peers, import growth has also run ahead of exports, leading to little support to growth from international trade.
Based on the October 2024 data, the U.S. job market has stabilized recently, with the unemployment rate at 4.1%, up modestly from a year ago. This can be characterized as a normalization following tight conditions that persisted for longer than expected after the pandemic. The U.S. economy carries the markings of a "soft landing" that is allowing inflation pressures to gradually drift lower and opened the door to interest rate cuts by the U.S. Federal Reserve. The U.S. central bank lowered its policy rate by half a point in September and another quarter point in October.
TD Economics expects the U.S. Federal Reserve to continue to lower interest rates over the next year. However, the pace of interest rate reductions has become more uncertain following the November election. Given the likelihood of increased tariffs under the new administration, and the potential for tax cuts, the risk that inflation experiences renewed upward pressure has increased. This could slow the pace of interest rate reductions. TD Economics expects the federal funds rate to be lowered to 3.25-3.50% by the end of calendar 2025 – a level that is still on the restrictive side.
After Canada's economy slowed notably in calendar 2023, strong population gains have lifted economic growth in the first half of calendar 2024. Population increases have also contributed to labour force growth outpacing job creation, taking the unemployment rate higher and cooling labour market conditions. The unemployment rate was 6.5% in October, above its pre-pandemic level, but still below its long-run average. Looking ahead, TD Economics expects population growth to slow sharply over the next few years as the federal government reduced its targets for permanent and non-permanent residents. The negative impact of the weaker population inflows on consumer spending and housing activity is likely to be more than offset by the boost to activity from lower interest rates. As such, TD Economics forecasts a modest pickup in overall economic growth in calendar 2025 from this year's estimated tepid rate of around 1%.
As a result of favourable inflation dynamics alongside a softening economy, the Bank of Canada has cut interest rates four times in calendar 2024, taking the overnight rate to 3.75% in October. TD Economics expects the Bank of Canada to continue lowering interest rates over the next year, reaching between 2.25% to 2.50% by the end of calendar 2025. Interest rates differentials between Canada and the U.S. have widened, weakening the Canadian dollar. TD Economics expects the Canadian dollar will trade in the 71 to 73 U.S. cent range over the next few quarters.

Guidance

TD Bank Group Sees Global Economy Slows In 2024; TD Economics Predicts Gradual Interest Rate Cuts Amid Cooling Inflation, Geopolitical Risks Persist. U.S. Experiences Soft Landing With 4.1% Unemployment And Fed Rate Cut To 3.25-3.50% By End Of 2025. Canada Sees Growth Boost From Population Gains, BoC Cuts Rates To 2.25-2.50% In 2025. Canadian Dollar Expected To Trade At $0.71-$0.73 U.S. Cents.

Toronto-Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) reported quarterly earnings of $1.26 per share which missed the analyst consensus estimate of $1.28 by 1.56 percent. This is a 7.35 percent decrease over earnings of $1.36 per share from the same period last year. The company reported quarterly sales of $11.36 billion which beat the analyst consensus estimate of $10.26 billion by 10.74 percent. This is a 16.16 percent increase over sales of $9.78 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Toronto-Dominion Bank Q4 Adj $1.26 Misses $1.28 Estimate, Sales $11.36B Beat $10.26B Estimate

TD Exec Says Started Strategic Review As Of Last Month, Process Is Going To Take Somewhere Between 4-5 Months

John's December 2024 Retirement Income Update: Income Increased By 5.9% FY-2024

Key deals this week: Bank of America, Aspen Technology, Verily, Paysafe and more

TD Bank Group (TD) announced that, subject to the completion of its previously announced sale of its entire equity investment in The Charles Schwab...

TD Bank announces NCIB up to 100M shares

TD Bank Group (TD) announced its intent to sell its entire equity investment in The Charles Schwab Corporation (SCHW) through a registered offering...

TD Bank intends to sell equity investment in Charles Schwab

TD Bank plans to sell its Schwab stake, buy back $5.6B of its shares

Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER – Axsome Therapeutics (AXSM) up 15% after entering into a ...

Morning Movers: Aluminum, steel stocks gain on planned 25% tariffs on imports

There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Synchrony Financial (SYF – Research Report) and Toron...

Wall Street Analysts Are Bullish on Top Financial Picks

Truist raised the firm's price target on Charles Schwab (SCHW) to $91 from $90 and keeps a Buy rating on the shares following this morning's announ...

Charles Schwab price target raised to $91 from $90 at Truist

Canada's TD Bank sells stake in Charles Schwab at $79.25 per share

TD Bank Group (TD) announced that, further to its news release on February 10, it has agreed to sell its entire equity investment in The Charles Sc...

Comments

Toronto-Dominion Bank

ニュース

最新ニュース Toronto-Dominion Bank (NYSE:TD) 株価情報

ニュース

パートナーシップ

ベンジンガ・グローバル