The Toronto-Dominion Bank Price & Performance (TD)

Mariner LLC and Envestnet Asset Management have both reduced their stakes in Toronto-Dominion Bank, signaling heightened portfolio adjustments among institutional investors. These moves come as the bank prepares for a transitional year marked by balance sheet repositioning and ongoing remediation of its U.S. anti-money-laundering systems.12

Toronto-Dominion Bank is forecasted to achieve 8.6% earnings growth in the coming year, even as it navigates higher expenses tied to anti-money-laundering reforms and U.S. operations. The bank’s current price-to-earnings ratio remains below sector averages, and institutional ownership stands at over 52%, reflecting sustained market confidence.34

Toronto-Dominion Bank’s recent divestment of its Charles Schwab stake generated significant capital, supporting an $8 billion share buyback plan. This strategic move, alongside ongoing cost optimization and a focus on Canadian business growth, is viewed positively by analysts as the bank adapts to U.S. regulatory constraints.56