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Stock impact report

Where Will TD Bank Stock Be in 3 Years? [Yahoo! Finance Canada]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Valued at a market cap of almost $220 billion, Toronto-Dominion Bank TSX:TD ) is among the largest companies in Canada. Over the last 10 years, the TSX bank stock has returned 161% to shareholders. However, if we adjust for dividend reinvestments, cumulative returns are closer to 300%, which is exceptional for a cyclical company. As past returns shouldn't matter much to current or future investors, let's see if TD Bank stock can continue to beat the broader markets over the next three years. Is TD Bank stock still a good buy? Toronto-Dominion Bank is executing an ambitious transformation plan to enhance shareholder value. The Canadian banking giant revealed comprehensive strategies to boost profitability while managing ongoing regulatory challenges in the United States. Last year, CEO Raymond Chun outlined a few financial targets. First, he projects the return on equity to increase to 16% by 2029. Second earnings per share are forecast to grow between 6% and 8% in fiscal Show less Read more
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