COMPANY PROFILE -Toronto-Dominion Bank
Business Sector :Financial Services
Operating Geography :Toronto, Canada, Global
About Toronto-Dominion Bank :
The Toronto-Dominion Bank is a Canadian multinational banking and financial services company. It was founded on 1st of February, 1955 and is currently headquartered in Toronto, Ontario. It is commonly known as TD and was formed through the merger of the Bank of Toronto and The Dominion Bank. In 2017, the bank was the largest bank in Canada by total assets according to S&P and the 26th largest bank in the world. In 2019, it was recognized as a global systemically important bank by the Financial Stability Board. TD offers a wide range of financial products and services to more than 26 million customers globally through 3 business lines: Canadian Retail, U.S. Retail and Wholesale Banking. In Canada the bank operates as TD Canada Trust and serves more than 11 million customers. In the US, it operates as TD Bank and serves more than 6.5 million customers. The Bank and its subsidiaries offer a wide spectrum of services like banking, advisory services, and discount brokerage to individuals, businesses, financial institutions, governments, and multinational corporations. As of 2020, it employs more than 85,000 people in its offices around the world.
The Toronto-Dominion Bank’s USP or unique selling proposition lies in being the 5th largest bank in North America (by branches) servicing 13 million+ active digital customers. The vision of the bank is “Be the better bank”. Its purpose is “to enrich lives of our customers, communities and colleagues”.
Toronto-Dominion Bank Revenue :
$41.0 billion CAD – FY ending 31st October, 2019
$38.8 billion CAD – FY ending 31st October, 2018
Competitive Analysis of Toronto-Dominion Bank
The SWOT analysis for Toronto-Dominion Bank is presented below in a table followed by the detailed analysis report.
Strengths | Weaknesses |
1. Features amongst the top 10 banks in North America
2. Diversified business mix providing competitive advantage
3. Strong financial position and highly rated by credit agencies
4. Top performance and ranking by each segment
5. Strategic investments simplifying and enhancing customer interactions
6. Consistent earnings growth and dividend history
| 1. Reliance upon third-party service providers
2. Website and app outages leading to customer outrage
|
Opportunities | Threats |
1. Operating in attractive markets with huge growth potential
2. Strengthening omni-channel strategy for improving customer experience
| 1. Highly competitive financial services market
2. Impact of COVID-19 outbreak and oil price shock on Canadian businesses
|
Toronto-Dominion Bank SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
Detailed SWOT Analysis of Toronto-Dominion Bank
Strength
1. Features amongst the top 10 banks in North America:
TD Bank enjoys top ranking in both Canada and North American ranking in various parameters. TD Bank Group has a total asset of $1,457 billion and enjoys 2nd ranking in Canada and 6th ranking in North America as per its total assets. Its total deposits of $908 billion gives it 1st rank in Canada and 5th rank in North America as per the total deposits. According to market capitalization, it ranks 2nd in Canada and 6th in North America. Similarly, as per net income, it enjoys 2nd rank in Canada and 6th in North America. According to common equity tier 1 capital ratio, it enjoys 2nd rank in Canada and 3rd in North America. Such marquee rankings in wide parameters in both Canada and North America give a strong reputation to TD bank and makes it an ideal choice for customers and investors.
2. Diversified business mix providing competitive advantage: TD Bank has a well-diversified business mix. It operates in three key business lines: Canadian retail, U.S. Retail and Wholesale Banking. Canadian retail is a robust retail banking platform in Canada with proven performance records and accounts for almost 55% of its earnings. U.S. Retail is among the top 10 banks in the U.S. with significant growth opportunities and accounts for almost 31% of its total earnings. Wholesale banking is the North American dealer which focuses on client-driven businesses and is responsible for 5% of TD’s total earnings.
The remaining section of “Strength” is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threats
This section is available only in the 'Complete Report' on purchase.
The PESTLE / PESTEL analysis for Toronto-Dominion Bank is presented below in a table followed by the detailed analysis report.
Political | Economical |
1. Impact of trade tensions and increasing protectionist measures | 1. Impact of deteriorating economic condition in Canada and globally
2. Impact of fluctuating exchange rate and interest rates
|
Social | Technological |
1. Increasing insurance awareness among Canadians | 1. Leveraging power of artificial intelligence
2. Providing seamless digital experience to customers
|
Legal | Environmental |
1. Impact of regulation changes in the heavily regulated business
2. Change in tax laws and regulations
| 1. Issuance of green bond for projects with climate and environment related objectives
2. Commitment to create a more vibrant planet
3. Funding environmental projects across Canada
|
Toronto-Dominion Bank SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
Detailed Pestle Analysis of Toronto-Dominion Bank
Political
This section is available only in the 'Complete Report' on purchase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
1. Issuance of green bond for projects with climate and environment-related objectives: Specified benchmarks for the issuance of Green Bonds come attached with mandates for promoting development solutions as it binds issuers to channel the earnings from the bond issuance for projects deemed environmentally beneficial. TD targeted an issue size of US $500 million green bond which was upsized to US $1 billion and 70% of the issue went to green investors. It is one of the largest green bonds ever issued by a bank. With this TD emerged as a North American leader in providing environmentally and socially responsible options to clients. TD has rolled out such initiatives from its inception. It is responsible for financing C$12 billion to the low carbon sector since 2006. It participated in underwriting C$6.5 billion in green bonds since 2010. It was the only pioneering Canadian bank to issue a green bond in 2014. It was the first North-America based bank to become carbon neutral in 2010. Such initiatives have mirrored the environmentally responsible side of TD bank time and again.
The remaining section of “Environmental” is available only in the 'Complete Report' on purchase.
Major Competitors :
- Scotiabank
- CIBC
- RBC
- Credit Suisse
- Wells Fargo
Major Brands :
- TD Securities
- TD Insurance
- TD Direct Investing
- TD Wealth
- TD Autofinance
- TD Asset Management
Toronto-Dominion Bank SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
You may also be interested in other analyses of Toronto-Dominion Bank:
-
Toronto-Dominion Bank Porter's Five Forces Analysis |
|
-
Toronto-Dominion Bank VRIO Analysis |
|
-
Toronto-Dominion Bank Value Chain Analysis |
|
-
Toronto-Dominion Bank Covid-19 Impact Analysis |
|
-
Toronto-Dominion Bank BCG Analysis |
|
-
Toronto-Dominion Bank Segmentation, Targeting and Positioning (STP) Analysis |
|
-
Toronto-Dominion Bank Ansoff Matrix Analysis |
|
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Company Overview Report
This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Competitor Analysis Report
This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Porter's Five Forces Analysis Report
This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
VRIO Analysis Report
This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Value Chain Analysis Report
This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Regulatory Outlook Report
This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Risk Analysis Report
This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key Performance Indicators (KPI's) Report
This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Environmental, Social, and Governance (ESG) Analysis Report
This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
M&A Analysis Report
This report is shared in order to give you an idea of what the complete M&A Report and Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Subsidiaries, Partnerships and Collaborations Report
This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Stakeholder Analysis Report
This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Technology Landscape and Outlook Report
This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Covid-19 Impact Analysis Report
This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key News and Events Report
This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
BCG Analysis Report
This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Digital Marketing and Social Media Strategy Analysis Report
This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Segmentation, Targeting and Positioning (STP) Analysis Report
This report is shared in order to give you an idea of what the complete Segmentation, Targeting and Positioning (STP) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Ansoff Matrix Analysis Report
This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Check Out Analysis of Other Relevant Companies
References used in Toronto-Dominion Bank SWOT & PESTLE Analysis Report
1. TD Friends of the Environment Foundation - https://www.td.com/ca/en/about-td/ready-commitment/vibrant-planet/fef/
2. Shape tomorrow 2019 Annual Report - https://www.td.com/document/PDF/ar2019/ar2019-Complete-Report.pdf
3. More Canadians have life insurance coverage than ever before - https://www.lowestrates.ca/news/more-canadians-have-life-insurance-than-ever-before-25919
4. TD customers report problems with app, online banking due to 'technical issues' - https://www.citynews1130.com/2020/01/31/td-problems-app-online-banking/
The detailed complete set of references are available on request in the 'Complete report' on purchase.
How to Reference This Page?
You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.
Toronto-Dominion Bank SWOT and PESTLE Analysis - SWOT & PESTLE.COM
SWOT & PESTLE.com (2024). Toronto-Dominion Bank SWOT and PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/toronto-dominion-bank/ [Accessed 08 Nov, 2024].
In-text: (SWOT & PESTLE.com, 2024)
Copyrights and Disclaimer
Toronto-Dominion Bank SWOT & PESTLE analysis has been conducted by Sushree Lasyamayee and reviewed by senior analysts from Barakaat Consulting.
Copyright of Toronto-Dominion Bank SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.