STOCK TITAN

Toronto Dominion Bank - TD STOCK NEWS

Welcome to our dedicated page for Toronto Dominion Bank news (Ticker: TD), a resource for investors and traders seeking the latest updates and insights on Toronto Dominion Bank stock.

Toronto-Dominion Bank (TD Bank Group) is a prominent Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. Formed on February 1, 1955, through the merger of the Bank of Toronto and The Dominion Bank, TD has a rich history dating back to 1855 and 1869. As one of Canada's leading banks, TD operates in three main business segments: Canadian retail banking, U.S. retail banking, and wholesale banking.

TD's extensive U.S. operations stretch from Maine to Florida, with a notable presence in the Northeast, serving over 10 million customers across more than 1,100 locations. The bank also holds a 13% ownership stake in Charles Schwab, enhancing its influence in the financial sector.

Recent achievements highlight TD's innovative and customer-centric approach. For instance, TD Bank's Retail Card Services business recently announced a multi-year financing agreement with Rare Carat, an online retailer specializing in diamonds and engagement rings. This partnership aims to provide customers with customized financing solutions, reflecting TD's commitment to offering value and flexibility.

TD's dedication to digital advancement is evident in its data-access agreement with Plaid, enabling customers to securely connect to over 8,000 apps and services. This initiative demonstrates TD's focus on enhancing customer experience through secure and convenient digital solutions.

Innovation is a cornerstone of TD's operations. The bank's patent inventors have expanded their portfolio to over 2,500 filings, with a significant portion related to AI innovation. TD's internal ideation program, iD8, encourages employees to contribute ideas, fostering a culture of continuous improvement.

TD operates several key businesses globally, including Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. With assets totaling $1.96 trillion as of October 31, 2023, TD ranks among the world's leading online financial services firms, with over 17 million active online and mobile customers.

TD's strategic focus on digital innovation, customer experience, and sustainable growth positions it as a formidable player in the global banking industry. The Toronto-Dominion Bank trades under the symbol 'TD' on the Toronto and New York Stock Exchanges, reflecting its significant presence in the financial markets.

Rhea-AI Summary
TD Bank announced a three-year Community Impact Plan, investing $20 billion in lending, philanthropy, banking access, and other activities to benefit diverse and underserved communities. The plan includes support for residential lending, small business lending, community development loans, philanthropy, and banking access. It aims to empower low- and moderate-income, diverse, and underserved communities to achieve their financial goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
none
-
Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (CHMI) Announces Opening of Applications for 18th Annual Housing for Everyone Grant Program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.72%
Tags
none
-
Rhea-AI Summary
TD Bank Group (TD) and Plaid have entered into a data-access agreement that will enable TD customers in Canada and the U.S. to more securely connect to and share financial data with Plaid's network of over 8,000 + apps and services. This will be done through application programming interfaces (APIs), offering greater data security and privacy by eliminating the need to share login credentials with third parties. The agreement is part of TD's commitment to developing a more secure, transparent, and easy-to-use digital experience for its customers. The partnership aims to provide customers with safe and reliable access to their financial data, with the potential to impact millions of customers and improve their everyday finances.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
none
Rhea-AI Summary
TD Bank (TD) announces a multi-year private label credit card partnership with Diamonds International, a renowned jewelry brand with over 125 locations worldwide. The partnership aims to offer a private label credit card program to customers, leveraging Diamonds International's expertise in tax and duty-free jewelry and TD's commitment to customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none
-
Rhea-AI Summary
TD Bank Group (TD) announces significant expansion of its Global Financial Institutions (FIG) Investment Banking coverage in the US. The expanded team will offer a full suite of products and services to a growing group of Financial Institutions clients. The team will be co-led by Managing Directors Geoff Bertram and Jim Spencer. TD Securities has also made key hires across its Global Markets and Research teams.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
none
-
Rhea-AI Summary
TD Bank (TD) - Survey Reveals 38% of Homeowners Using Home Equity for Renovations, Some Planning to Sell by 2025
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
Rhea-AI Summary
TD Bank (TD) Reveals 2023 Merry Money Survey Results: 96% of Shoppers Anticipate Overspending Despite Budgeting; 80% Seek Sales. The survey, polling 2000+ U.S. consumers, indicates that shoppers are budget-conscious but expect to overdo it this holiday season, with 70% planning a budget beforehand. This signals a slight increase in optimism among budget-conscious shoppers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.01%
Tags
none
-
Rhea-AI Summary
The TD Charitable Foundation, the charitable giving arm of TD Bank, has announced two $100,000 grants to support the victims and the Lewiston community in Maine after the recent mass shootings. One grant will support the Maine Community Foundation's Lewiston-Auburn Area Response Fund, while the other will go to the United Way of Androscoggin County to assist with resources for the 2-1-1 Maine line. TD Bank is also offering financial assistance through TD Cares to customers in Lewiston and those under shelter-in-place orders in Androscoggin County and northern Sagadahoc County. Eligible TD employees impacted by the shootings have access to resources and small grants from the bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
none
-
Rhea-AI Summary
BAIYU Holdings, Inc. (formerly TD Holdings, Inc.) plans to change its name and ticker symbol, and effect a 1-for-50 reverse stock split. The reverse stock split is intended to bring the company into compliance with the Nasdaq Capital Market's minimum bid price requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
none
Rhea-AI Summary
TD Bank partners with Rare Carat to provide exclusive credit card financing for online diamond and engagement ring retailer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
partnership

FAQ

What is the current stock price of Toronto Dominion Bank (TD)?

The current stock price of Toronto Dominion Bank (TD) is $53.81 as of January 3, 2025.

What is the market cap of Toronto Dominion Bank (TD)?

The market cap of Toronto Dominion Bank (TD) is approximately 93.3B.

What is Toronto-Dominion Bank (TD)?

Toronto-Dominion Bank (TD) is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario.

When was TD Bank formed?

TD Bank was formed on February 1, 1955, through the merger of the Bank of Toronto and The Dominion Bank.

What are the main business segments of TD?

TD operates in three main business segments: Canadian retail banking, U.S. retail banking, and wholesale banking.

Where does TD have operations in the United States?

TD has operations spanning from Maine to Florida, with a strong presence in the Northeast.

What recent partnership has TD Bank entered?

TD Bank recently announced a multi-year financing agreement with Rare Carat, an online retailer specializing in diamonds and engagement rings.

How does TD enhance digital security for its customers?

TD has entered a data-access agreement with Plaid to enable more secure and private data sharing, eliminating the need for customers to share login credentials with third parties.

What is TD's approach to innovation?

TD fosters innovation through programs like TD Invent and iD8, encouraging employee contributions and focusing on AI and digital advancements.

How many active online and mobile customers does TD have?

TD has more than 17 million active online and mobile customers.

What is TD's asset size?

As of October 31, 2023, TD had $1.96 trillion in assets.

On which stock exchanges is TD listed?

TD is listed on the Toronto and New York Stock Exchanges under the symbol 'TD'.
Toronto Dominion Bank

NYSE:TD

TD Rankings

TD Stock Data

93.27B
1.75B
0.09%
59.57%
0.96%
Banks - Diversified
Financial Services
Link
United States of America
Toronto