Toronto Dominion Bank (The) logo Toronto Dominion Bank (The) Net Promoter Score 2023 Benchmarks

Estimated Net Promoter Score is

6

The Toronto-Dominion Bank is a Canadian multinational banking and financial services corporation headquartered in Toronto. Commonly known as TD and operating as TD Bank Group, the bank was created in 1955 through the merger of the Bank of Toronto and The Dominion Bank, which were founded in 1855 and 1869, respectively.

TD Bank Group is the second largest bank in Canada by market capitalization and a top-10 bank in North America. Globally, it ranks as the 19th largest bank in the world, according to Forbes.

The bank and its subsidiaries have over 85,000 employees and over 22 million clients worldwide. In Canada, the bank operates as TD Canada Trust and serves more than 11 million customers at over 1,150 branches. In the United States, the company operates as TD Bank. The U.S. subsidiary was created through the merger of TD Banknorth and Commerce Bank, and serves more than 6.5 million customers with a network of more than 1,300 branches in the eastern United States.

The company is ranked at number 66 on the Forbes Global 2000 2015 listing. In October 2008, the company was named in the listings of Canada's Top 100 Employers in Maclean's and Greater Toronto's Top Employers by the Toronto Star. Furthermore, in February 2011, it was named one of Canada's top 10 employers by the Financial Post.

Quick facts about Toronto Dominion Bank (The)

Subsidiaries TD Securities TD Waterhouse TD Bank, N.A. TD Asset Management
Headquarters Toronto-Dominion Centre Toronto, Ontario, Canada
Traded as NYSE: TD TSX: TD S&P/TSX 60 component
Predecessors Bank of Toronto The Dominion Bank
Founded 1955; 62 years ago (1955)

Net Promoter Score for Top Brands compared with Toronto Dominion Bank (The)

NPS is a customer loyalty metric that measures customers’ willingness to not only return for another purchase or service but also make a recommendation to their family, friends or colleagues.

It is a powerful and effective technique, which can greatly increase a company's revenue if used properly.

The main advantages of NPS are close correlation with a company's growth and easy collection, interpretation and communication of the data.

Learn more about NPS

Yes, it is.

Net Promoter Score is a number from -100 from 100.

Scores higher than 0 are typically considered to be good and scores above 50 are considered to be excellent.

The industry average for Finance / Commercial Banks is 0.



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How to understand the NPS benchmarks

The final Net Promoter Score of a company strongly depends on a context in which the satisfaction is measured.

Consider an example: If Toronto Dominion Bank (The) sends out NPS surveys immediately after purchase, they are tracking their customers' initial excitement and the checkout experience.

On the other hand, if they survey their customers a few weeks after the purchase they are also tracking how satisfied their customers are with their products and services over time.

Therefore, comparing the NPS score of Toronto Dominion Bank (The) with your own without any further context is not that useful.

What is extremely useful though, is using the NPS methodology to track the satisfaction of your customers over time. That's where Customer.guru comes in.

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Other companies with Net Promoter Score similar to Toronto Dominion Bank (The)

We have estimated the Net Promoter Score of Toronto Dominion Bank (The) based on the publicly available information
including the sentiment of the company-related tweets, 3rd party reviews, and Alexa ratings.

Do you think this information is incorrect? Report incorrect information. Do you have more accurate data? Submit NPS score.