TD vs Progressive
TD and Progressive are examined on this page, which compares their business models, financial performance, and market context to offer a neutral overview of how each operates and competes. The content is designed to be clear and accessible, focusing on information rather than advice. Educational content, not financial advice.
TD and Progressive are examined on this page, which compares their business models, financial performance, and market context to offer a neutral overview of how each operates and competes. The content...
Why It's Moving
TD Bank Secures Green Light for $7 Billion Share Buyback, Signaling Strong Capital Confidence
- Fresh $7B buyback approval allows repurchases through January 2027 or until limits hit, following completion of previous $8B program at $99.74 average price per share.
- Automatic share purchase plan with TD Securities to handle buys during blackout periods, ensuring flexible execution.
- Concurrent redemption of $1.25B 4.859% NVCC medium-term notes due 2031, optimizing capital structure without market disruption.
Progressive Stock Hits 1-Year Low Amid Analyst Downgrades and Insider Selling Pressure.
- BMO Capital slashed its price target from $253 to $239 with a 'market perform' rating, while Wells Fargo trimmed theirs to $240, highlighting tempered growth expectations.
- Insiders, including the CFO, offloaded over 9,000 shares worth $2M in the past quarter, fueling perceptions of limited near-term upside.
- Stock closed at $206 amid a weekly 1.7% gain off lows but 9.2% down over 30 days, trading at a P/E of 11.15 below industry averages.
TD Bank Secures Green Light for $7 Billion Share Buyback, Signaling Strong Capital Confidence
- Fresh $7B buyback approval allows repurchases through January 2027 or until limits hit, following completion of previous $8B program at $99.74 average price per share.
- Automatic share purchase plan with TD Securities to handle buys during blackout periods, ensuring flexible execution.
- Concurrent redemption of $1.25B 4.859% NVCC medium-term notes due 2031, optimizing capital structure without market disruption.
Progressive Stock Hits 1-Year Low Amid Analyst Downgrades and Insider Selling Pressure.
- BMO Capital slashed its price target from $253 to $239 with a 'market perform' rating, while Wells Fargo trimmed theirs to $240, highlighting tempered growth expectations.
- Insiders, including the CFO, offloaded over 9,000 shares worth $2M in the past quarter, fueling perceptions of limited near-term upside.
- Stock closed at $206 amid a weekly 1.7% gain off lows but 9.2% down over 30 days, trading at a P/E of 11.15 below industry averages.
Investment Analysis
TD
TD
Pros
- TD Bank has a large market capitalization of around $140 billion, highlighting its size and stability within the financial sector.
- The bank operates diversified segments including Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management, Insurance, and Wholesale Banking, supporting multiple revenue streams.
- TD offers a relatively attractive dividend yield near 3.66%, providing income to investors alongside growth potential.
Considerations
- Return on equity and assets are lower compared to some Canadian peers, indicating potential pressure on profitability efficiency.
- Anti-money-laundering compliance spending and balance sheet optimization efforts could create near-term operational challenges and expense in 2025.
- Quarterly earnings growth is expected to be modest, with forecasts showing only a 2-3% increase in EPS over 2025-2026, limiting upside momentum.
Progressive
PGR
Pros
- Progressive Corp. has established a strong competitive position as a leading auto insurer with innovative pricing and customer acquisition strategies.
- The company benefits from consistent revenue growth driven by expanding market share and diversified insurance offerings.
- Progressive maintains strong capital and liquidity metrics, supporting underwriting flexibility and resilience amid fluctuating claim environments.
Considerations
- Insurance underwriting results can be volatile, influenced by weather-related catastrophes and regulatory changes affecting loss ratios.
- Rising claims costs and inflationary pressures may challenge margin expansion and profit consistency.
- Competitive pressures in the auto insurance sector could limit pricing power and growth in highly contested markets.
Related Market Insights
Banking On Shareholder Returns: The Capital Return Revolution
Discover how major banks like BofA, Citi, and USB are boosting shareholder returns via buybacks & dividends. Invest in this capital return revolution with Nemo.
Aimee Silverwood | Financial Analyst
July 24, 2025
Related Market Insights
Banking On Shareholder Returns: The Capital Return Revolution
Discover how major banks like BofA, Citi, and USB are boosting shareholder returns via buybacks & dividends. Invest in this capital return revolution with Nemo.
Aimee Silverwood | Financial Analyst
July 24, 2025
TD (TD) Next Earnings Date
Toronto-Dominion Bank's next earnings date is expected on Thursday, February 26, 2026, prior to market open. This release will cover the Q1 2026 fiscal quarter, following the pattern of late-February reporting observed in prior years. Investor focus will center on revenue and EPS estimates around C$13.87 billion and C$1.95, respectively.
Progressive (PGR) Next Earnings Date
Progressive Corporation is scheduled to report its fourth quarter 2025 earnings on January 28, 2026, before market open. This earnings release will cover the fiscal quarter ending December 31, 2025, and comes just two days from the current date. The company's Q3 2025 earnings, reported in October 2025, showed an EPS of $4.45 against analyst expectations of $5.04, representing a miss of $0.59 per share.
TD (TD) Next Earnings Date
Toronto-Dominion Bank's next earnings date is expected on Thursday, February 26, 2026, prior to market open. This release will cover the Q1 2026 fiscal quarter, following the pattern of late-February reporting observed in prior years. Investor focus will center on revenue and EPS estimates around C$13.87 billion and C$1.95, respectively.
Progressive (PGR) Next Earnings Date
Progressive Corporation is scheduled to report its fourth quarter 2025 earnings on January 28, 2026, before market open. This earnings release will cover the fiscal quarter ending December 31, 2025, and comes just two days from the current date. The company's Q3 2025 earnings, reported in October 2025, showed an EPS of $4.45 against analyst expectations of $5.04, representing a miss of $0.59 per share.
Which Baskets Do They Appear In?
Banking On Shareholder Returns
Bank of America's new $40 billion stock buyback program highlights a broader trend of major financial institutions returning capital to shareholders. This theme identifies other large banks that may follow suit, offering similar buyback or dividend-based value.
Published: July 24, 2025
Explore BasketWhich Baskets Do They Appear In?
Banking On Shareholder Returns
Bank of America's new $40 billion stock buyback program highlights a broader trend of major financial institutions returning capital to shareholders. This theme identifies other large banks that may follow suit, offering similar buyback or dividend-based value.
Published: July 24, 2025
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