Robert Dorrance - Toronto Dominion Chairman

TD Stock  USD 55.03  0.04  0.07%   

Chairman

Mr. Robert. E. Dorrance is a Group Head Wholesale Banking of TD Bank Group and Chairman, CEO President, TD Securities. He was named Group Head Wholesale Banking on November 1st, 2005. As Chairman, Chief Executive Officer and President of TD Securities, Bob leads the integrated investment dealer business of TD Bank Group. He is responsible for determining the strategic direction of the firm as well as the daytoday management of the global wholesale investment dealer operations. Previously, Bob was cohead of the Dealer and managed TD Securities Investment Banking, Institutional Equities Sales, Equity Capital Markets and Proprietary Equity Trading, and the Trading and Research groups. Bob joined TD Securities in November 2000 when TD purchased Newcrest Capital, where he had been President and Chief Executive Officer since 1995. Prior to helping found Newcrest, he worked at Nesbitt Burns for 18 years. Bob holds an MBA from McGill University, an Honours BS from Queen University, and has his Chartered Financial Analyst designation. since 2021.
Tenure 3 years
Professional MarksMBA
Address Toronto-Dominion Centre, Toronto, ON, Canada, M5K 1A2
Phone866 222 3456
Webhttps://www.td.com
Dorrance holds a MBA from McGill University, an Honours BS from Queen University, and has his Chartered Financial Analyst designation.

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 397.1 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 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. Note however, debt could still be an excellent tool for Toronto to invest in growth at high rates of return.

Similar Executives

Found 11 records

CHAIRMAN Age

James DimonJPMorgan Chase Co
68
Steven BlackWells Fargo
68
Kathleen TaylorRoyal Bank of
64
Brian MoynihanBank of America
65
Peter ScherJPMorgan Chase Co
59
George CopeBank of Montreal
59
Charles NoskiWells Fargo
67
John DuganCitigroup
65
Paul DonofrioBank of America
64
Aaron RegentBank of Nova
55
John ManleyCanadian Imperial Bank
69
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 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 - Wholesale Banking of TD Bank and Group Chairman, President, Chief Executive Officer 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, Chief Financial Officer, Senior Executive Vice President
Riaz Ahmed, Group Head, Wholesale Banking, TD Bank Group, President & CEO, TD Securities
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
JeanRene Halde, Independent Director
Cherie Brant, Independent Director
Colleen Goggins, Independent Director
Barbara Hooper, Senior Executive Vice President Treasury, Corporate Development, Strategic Sourcing and Real Estate
Ellen Patterson, Group Head, General Counsel
Karen Maidment, Independent Director
Ajai Bambawale, Group Head and Chief Risk Officer
Raymond Chun, Group Head, Wealth and Insurance
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
Brian Ferguson, Independent Director
Brooke Hales, Head Relations
Erin Morrow, Chief Officer
Kenneth Lalonde, Executive Vice President TD Bank Group and President and CEO - TD Insurance
Renu Gupta, Strategy Development
Brian Levitt, Non-Executive Independent Chairman of the Board
Leovigildo Salom, Group Head U.S. Retail, TD Bank Group and President and CEO, TD Bank, America's Most Convenient Bank
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
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 unemployment.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Diversified Banks space 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
(0.20)
Dividend Share
4.02
Earnings Share
3.11
Revenue Per Share
29.497
Quarterly Revenue Growth
0.079
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.