InsightfulValue
← Home

Toronto-Dominion Bank
Toronto-Dominion Bank

Financial services / Banking and Financial Services


Company Overview

General information about the Toronto-Dominion Bank company
The Toronto-Dominion Bank, also known as TD Bank, is a multinational banking and financial services corporation based in Toronto, Canada. It is one of the largest banks in North America, with a market capitalization of over CAD $143 billion as of October 2019.
TD Bank offers a wide range of banking, insurance, and financial services to over 25 million customers worldwide. It operates through three main business segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The Canadian Retail segment provides financial products and services to clients in Canada, while the U.S. Retail segment offers similar services to customers in the United States. The Wholesale Banking segment provides capital market products and financial solutions to corporate, government, and institutional clients globally.
The history of TD Bank can be traced back to 1855 when the Bank of Toronto was founded. In 1919, the Dominion Bank (founded in 1869) merged with the Bank of Toronto, forming the Toronto-Dominion Bank. The bank has since grown through various mergers and acquisitions, including the 2000 merger with Canada Trust and the 2006 acquisition of Banknorth Group, which expanded its operations into the Northeastern United States.
Today, TD Bank has over 85,000 employees and a network of more than 2,500 branches and 7,000 ATMs across Canada and the United States. It is known for its strong customer service, innovative digital banking platforms, and commitment to environmental sustainability. The TD Charitable Foundation, the charitable arm of TD Bank, supports various philanthropic initiatives in the communities it serves.
General information about the Toronto-Dominion Bank company
The Toronto-Dominion Bank, commonly known as TD Bank Group, is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. It is the second largest bank in Canada by market capitalization and assets, and is one of the "Big Five" banks in Canada.
TD Bank Group offers a wide range of financial products and services to over 26 million customers worldwide. These include personal and commercial banking, wealth and asset management, insurance, and investment banking services.
The bank was founded in 1955 through the merger of the Bank of Toronto and the Dominion Bank. It has since grown through a series of mergers and acquisitions, including the purchase of Banknorth in the United States in 2005.
TD Bank Group has a strong presence both domestically and internationally, with offices and branches in over 20 countries worldwide. It is also known for its commitment to social responsibility and sustainability, and has been recognized as one of the World's Most Ethical Companies by the Ethisphere Institute for 15 consecutive years.
As of 2021, TD Bank Group reported total assets of $1.8 trillion and a net income of $11.5 billion. It is listed on the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol TD.

Discover more than 450 Q&As about Toronto-Dominion Bank!

Sign up for free or log in
© 2024 - 2025 InsightfulValue.com. All rights reserved. Legal