Kenneth Lalonde - Toronto Dominion CEO

TD Stock  USD 58.92  0.36  0.61%   

CEO

Mr. Kenneth W. Lalonde is Executive Vice President, TD Bank Group and President and Chief Executive Officer TD Insurance subsidiary of the Company. He was appointed to Executive Vice President, Insurance, TD Bank Group and President CEO, TD Insurance. Kenn leads the Insurance business at TD Bank Group which includes creditor, health, life, travel medical, home and auto. Kenn became a member of the Senior Executive Team in January 2016. Kenn has two and a half decades of experience in the financial services sector in Canada and the United States. Prior to joining TD, Kenn was EVP, Asset Accumulation Diversification at CUNA Mutual Group, President and CEO of The CUMIS Group and held various roles at CIBC, including leading their insurance business and serving as EVP of Branch Small Business Banking and Direct to Consumer Banking. Kenn has a Bachelor degree from the University of Toronto and has completed the Advanced Management Program at Harvard Business School. He has also completed the Director Certification from the Institute of Corporationrationrate DirectorsRotman School of Business, University of Toronto. since 2021.
Tenure 3 years
Address Toronto-Dominion Centre, Toronto, ON, Canada, M5K 1A2
Phone866 222 3456
Webhttps://www.td.com

Toronto Dominion Management Efficiency

At present, Toronto Dominion's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.14, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Toronto Dominion's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 1.5 T, whereas Other Current Assets are forecasted to decline to about 463.3 B. Toronto Dominion's management efficiency ratios could be used to measure how well Toronto Dominion manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 411.43 B of total liabilities with total debt to equity ratio (D/E) of 15.2, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Debt can assist Toronto Dominion until it has trouble settling it off, either with new capital or with free cash flow. So, Toronto Dominion's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Toronto Dominion Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Toronto to invest in growth at high rates of return. When we think about Toronto Dominion's use of debt, we should always consider it together with cash and equity.

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The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada. Toronto Dominion operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 93720 people. Toronto Dominion Bank (TD) is traded on New York Stock Exchange in USA. It is located in Toronto-Dominion Centre, Toronto, ON, Canada, M5K 1A2 and employs 103,179 people. Toronto Dominion is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Toronto Dominion Bank Leadership Team

Elected by the shareholders, the Toronto Dominion's board of directors comprises two types of representatives: Toronto Dominion inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Toronto. The board's role is to monitor Toronto Dominion's management team and ensure that shareholders' interests are well served. Toronto Dominion's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Toronto Dominion's outside directors are responsible for providing unbiased perspectives on the board's policies.
Norie Campbell, Group Head - Legal, Compliance and Anti Money Laundering, and General Counsel
Theresa Currie, Group Head - Direct Channels, Marketing, Corporate Shared Services and People Strategies,
Bharat Masrani, Group President, Chief Executive Officer, Non-Independent Director
Nadir Mohamed, Independent Director
S Rowe, Independent Director
Greg Keeley, Senior Executive Vice President Technology and Platforms
Christine Morris, Senior Executive Vice President Enterprise Transformation, Enablement and Customer Experience
Edward Hopkinson, Head - U.S. Corporate and Specialty Banking
JeanRene Halde, Independent Director
Cherie Brant, Independent Director
Colleen Goggins, Independent Director
John Bragg, Independent Director
Mark Chauvin, Group Head and Chief Risk Officer - Risk Management, Corporate Office
Sue Cummings, Executive Vice President - Human Resources
Ellen Patterson, Group Head, General Counsel
Raymond Chun, Group Head, Wealth and Insurance
Frank McKenna, Deputy Chair, TD Bank Group
Mary Haddad, Independent Director
Brian Ferguson, Independent Director
Brooke Hales, Head Relations
Brian Levitt, Non-Executive Independent Chairman of the Board
Timothy Hockey, Group Head of Canadian Banking and Wealth Management, CEO of TD Canada Trust and President of TD Canada Trust
Leovigildo Salom, Group Head U.S. Retail, TD Bank Group and President and CEO, TD Bank, America's Most Convenient Bank
Paul Douglas, Executive Vice President - Canadian Business Banking, TD Bank Group
Amy Brinkley, Independent Director
William Bennett, Independent Director
Robert Dorrance, Group Head - Wholesale Banking of TD Bank and Group Chairman, President, Chief Executive Officer of TD Securities
Salma Salman, Chief Finance
Alan MacGibbon, Independent Director
David Kepler, Independent Director
Michael Rhodes, Group Head, Innovation, Technology and Shared Services, TD Bank Group
Kelvin Tran, Chief Financial Officer, Senior Executive Vice President
Riaz Ahmed, Group Head, Wholesale Banking, TD Bank Group, President & CEO, TD Securities
Harold MacKay, Independent Director
Barbara Hooper, Senior Executive Vice President Treasury, Corporate Development, Strategic Sourcing and Real Estate
Karen Maidment, Independent Director
Ajai Bambawale, Group Head and Chief Risk Officer
Irene Miller, Independent Director
Gregory Braca, Group Head, U.S. Banking, TD Bank Group and President and Chief Executive Officer, TD Bank, America's Most Convenient Bank
Philip Moore, Senior Vice President Deputy General Counsel and Corporate Secretary
Colleen Johnston, Group Head of Direct Channels, Technology, Marketing and Real Estate
Kenneth Lalonde, Executive Vice President TD Bank Group and President and CEO - TD Insurance
Renu Gupta, Strategy Development
Helen Sinclair, Independent Director
Michael Pedersen, Group Head of US Banking, CEO of TD Bank US Holding Company, CEO of TD Bank NA, CEO of TD Bank USA NA and President of TD Bank US Holding Company and President of TD Bank NA and President of TD Bank USA NA
Claude Mongeau, Independent Director
Jane Langford, Executive Counsel
Judy Dinn, Chief Officer
Wilbur Prezzano, Independent Director
Joseph Natale, Independent Director

Toronto Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Toronto Dominion a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Toronto Dominion Bank information on this page should be used as a complementary analysis to other Toronto Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Toronto Dominion's price analysis, check to measure Toronto Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toronto Dominion is operating at the current time. Most of Toronto Dominion's value examination focuses on studying past and present price action to predict the probability of Toronto Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toronto Dominion's price. Additionally, you may evaluate how the addition of Toronto Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Toronto Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.888
Dividend Share
3.9
Earnings Share
4.59
Revenue Per Share
27.824
Quarterly Revenue Growth
0.104
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.