Toronto-Dominion Bank stock stays near its 52-week high

Toronto-Dominion Bank stock (ISIN CA8911605092) closed at CAD 173.04 on the Toronto Stock Exchange on September 22, 2026, down CAD 1.06 from the previous close. The price was CAD 2.29 below the 52-week high of CAD 175.33 and CAD 65.44 above the 52-week low of CAD 107.60, keeping the shares close to the top of their annual range.

Record earnings support the shares

Toronto-Dominion Bank's latest reported third-quarter results provide the operating backdrop for the elevated valuation. According to Simply Wall St on September 22, 2026, the bank posted record third-quarter earnings of CAD 4.7 billion and earnings per share of CAD 2.77.

The same report said revenue increased 8 percent in the third quarter and return on equity reached 16 percent. The comparison matters because the earnings figure combines a record profit level with double-digit profitability, while the share price is already near its annual peak.

Valuation and analyst view

MarketBeat reported on September 22, 2026, that Toronto-Dominion Bank had a market capitalization of CAD 283.53 billion and a price-to-earnings ratio of 18.53. Its data also showed a 50-day moving average of CAD 168.66 and a 200-day moving average of CAD 155.78, placing the September 22 close CAD 4.38 above the shorter average and CAD 17.26 above the longer one.

According to MarketBeat on September 22, 2026, the average analyst view was Moderate Buy with a consensus price target of CAD 171.08. That target was CAD 1.96 below the reported close, making valuation a measurable counter-factor even as third-quarter earnings reached CAD 4.7 billion.

A separate September 22, 2026 analyst update cited by The Globe and Mail concerned TD Securities rather than Toronto-Dominion Bank itself, so it does not establish a rating or price target for TD stock.

Stock remains near yearly peak

The September 22, 2026 session recorded 1,148,709 shares traded, versus average volume of 5,410,627 shares. Actual volume was 4,261,918 shares below the stated average, while the close remained CAD 2.29 below the 52-week high, combining a negative daily move with a historically strong position in the annual range.

Toronto-Dominion Bank stock at CAD 173.04

Toronto-Dominion Bank stock closed at CAD 173.04 on the Toronto Stock Exchange on September 22, 2026. The reference price is therefore CAD 173.04, with the latest reported market capitalization at CAD 283.53 billion as of September 22, 2026.

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