A C$1,000 investment in Toronto Dominion Bank (TD.TO) made 10 years ago would have grown to C$4,317 by October 2026.
From October 5, 2016, to October 2, 2026, C$1,000 invested in Toronto Dominion Bank (TD.TO) would have experienced significant growth, reaching a value of C$4,317. This represents a total return of +331.7%, or an annualized return of +15.8%, based on adjusted closing prices.
Investor takeaway: Investors considering long-term positions in strong financial institutions like Toronto Dominion Bank may find that a buy-and-hold strategy can yield substantial returns over a decade.
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Toronto Dominion Bank
TD.TO
TD.TO
Toronto Dominion Bank
WealthAwesomeMarket cap
$274.46B
P/E
18.0x
Div. yield
2.59%
Div. / share
$4.33
52W high
$175.33
52W low
$107.03
1W change
-0.90%
Beta
0.87
Analyst Price Targets
Based on analyst covering TD · as of Sep 28, 2026
Wall Street analysts forecast TD stock price to rise 7.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$180.07
+7.1% Upside
Previously C$178.36 on Sep 24, 2026
Current Price
C$168.07
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TD's historical volatility
30-Day Vol
15.5%
Annualized
90-Day Vol
18.4%
Annualized
Trend (90d)
+3.3%
Annualized drift
90d Mean
C$170.07
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$168.73 | C$159.93 – C$178.02 |
| 60 trading days | C$169.40 | C$157.03 – C$182.74 |
| 90 trading days | C$170.07 | C$154.99 – C$186.61 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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C$4,317
This amount reflects the value of an initial C$1,000 investment in Toronto Dominion Bank after 10 years, showcasing the potential of long-term investing in the financial sector.
Bull case
The financial sector often thrives during economic growth and rising interest rates, which can boost profits for banks like Toronto Dominion. The bank's strong market position and diverse range of services can also support ongoing growth.
Bear case
Economic downturns or changes in regulations can hurt bank profits. Investors should keep in mind that market fluctuations can impact stock prices, and just because a stock has performed well in the past doesn’t guarantee it will do so in the future.
Investment Overview
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Ten years ago, on October 5, 2016, Toronto Dominion Bank's adjusted closing price was C$38.93. By October 2, 2026, this price had risen to C$168.07, marking a significant appreciation in value.
Understanding the Returns
The total return of +331.7% over this period illustrates the potential rewards of a lump sum, buy-and-hold investment strategy. It's important to note that these figures are hypothetical and do not account for fees and taxes.
Market Context
With a current market cap of C$274.5 billion and a trailing P/E ratio of 18.0, Toronto Dominion Bank remains a key player in the Canadian financial landscape. Investors should consider both the opportunities and risks associated with investing in such institutions.
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This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
