Brian Levitt - Toronto Dominion Non-Executive Independent Chairman of the Board

TD Stock  CAD 78.51  0.40  0.51%   

Chairman

Mr. Brian Michael Levitt is an NonExecutive Independent Chairman of the Board of Toronto Dominion Bank. Mr. Levitt is the chairman of the board of directors of the bank. He is the former President and Chief Executive Officer of Imasco Limited, a Canadian consumer goods and services company. Mr. Levitt also previously served in various executive and nonexecutive leadership positions at the law firm Osler, Hoskin Harcourt LLP since 2011.
Age 71
Tenure 13 years
Address Toronto-Dominion Centre, Toronto, ON, Canada, M5K 1A2
Phone866 222 3456
Webhttps://www.td.com
Levitt holds a law degree from the University of Toronto, where he also completed his Bachelor of Applied Science degree in Civil Engineering.

Toronto Dominion Management Efficiency

At this time, Toronto Dominion's Return On Tangible Assets are very stable compared to the past year. As of the 24th of November 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.01. At this time, Toronto Dominion's Debt To Assets are very stable compared to the past year. As of the 24th of November 2024, Return On Assets is likely to grow to 0.01, while Non Currrent Assets Other are likely to drop (3.7 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.
Toronto Dominion Bank has accumulated 411.43 B in total debt with debt to equity ratio (D/E) of 0.15, which may suggest the company is not taking enough advantage from borrowing. 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 personal and commercial banking products and services in Canada and the United States. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada. TORONTO DOMINION operates under BanksDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 89566 people. Toronto Dominion Bank (TD) is traded on Toronto Exchange in Canada and employs 102,190 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
Robert Dorrance, Group Head of Wholesale Banking, Chairman of TD Securities, CEO of TD Securities and President of TD Securities
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
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, Group CFO
Riaz Ahmed, Group Head and Chief Financial Officer
Greg Keeley, Senior Platforms
JeanRene Halde, Independent Director
Colleen Goggins, Independent Director
Melanie Burns, Executive Officer
Ellen Patterson, Group Head, General Counsel
Karen Maidment, Independent Director
Ajai Bambawale, Group Head and Chief Risk Officer
Raymond Chun, COO Director
Frank McKenna, Deputy Chair, TD Bank Group
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
Kelvin CFA, Group CFO
Drew MacIntyre, Vice VP
Brian Ferguson, Independent Director
Brooke Hales, Head Relations
Erin Morrow, Chief Officer
Renu Gupta, Strategy Development
Brian Levitt, Non-Executive Independent Chairman of the Board
Leovigildo Salom, Group Head, Wealth Management and TD Insurance, TD Bank Group
Claude Mongeau, Independent Director
Jane Langford, Executive Counsel
Paul Douglas, Executive Vice President - Canadian Business Banking, TD Bank Group
Judy Dinn, Chief Officer
Amy Brinkley, Independent Director
Lisa Reikman, Senior Banking

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.

Pair Trading with Toronto Dominion

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Toronto Dominion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Toronto Dominion will appreciate offsetting losses from the drop in the long position's value.

Moving against Toronto Stock

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The ability to find closely correlated positions to Toronto Dominion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toronto Dominion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Toronto Dominion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Toronto Dominion Bank to buy it.
The correlation of Toronto Dominion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Toronto Dominion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toronto Dominion Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Toronto Dominion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.