GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Toronto-Dominion Bank (TSX:TD.PR.Z.PFD) » Definitions » Altman Z-Score

The Toronto-Dominion Bank (TSX:TD.PR.Z.PFD) Altman Z-Score


View and export this data going back to 2013. Start your Free Trial

What is The Toronto-Dominion Bank Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

The Toronto-Dominion Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Toronto-Dominion Bank (TSX:TD.PR.Z.PFD) » Definitions » Altman Z-Score
Comparable Companies
TSX:BMO TSX:BNS TSX:CM TSX:RY TSX:NA JPM SHSE:601398 BAC SHSE:601288 WFC SHSE:601939 SHSE:601988 LSE:HSBA ASX:CBA TSE:8306 C XMAD:SAN XSWX:UBSG TSE:8316 XMAD:BBVA
Traded in Other Exchanges
TDBKF.PFD:USA TD:USA 0VL8:UK TDB:Germany TDB:Germany TD.PF.J.PFD:Canada TD.PF.I.PFD:Canada TD.PF.E.PFD:Canada TD.PF.D.PFD:Canada TD.PF.A.PFD:Canada TD:Canada
Address
Toronto-Dominion Centre, P.O. Box 1, Toronto, ON, CAN, M5K 1A2
Website
https://www.td.com
Toronto-Dominion is one of Canada's two largest banks with over CAD 2 trillion in assets. TD Bank operates four business segments: Canadian personal and commercial banking, US retail banking, wealth management and insurance, and wholesale banking. The bank derives more than 55% of its revenue from Canada and has dominant market share in nearly all banking products and services. TD has around 40% of its revenue from its US operations. Its US footprint spans from Maine to Florida, with a strong presence in the Northeast.