HDFC Bank (HDB) Competitors

$56.78
+0.74 (+1.32%)
(As of 05/17/2024 ET)

HDB vs. TD, IBN, SAN, MUFG, SMFG, BMO, BBVA, ING, RY, and CM

Should you be buying HDFC Bank stock or one of its competitors? The main competitors of HDFC Bank include Toronto-Dominion Bank (TD), ICICI Bank (IBN), Banco Santander (SAN), Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), Bank of Montreal (BMO), Banco Bilbao Vizcaya Argentaria (BBVA), ING Groep (ING), Royal Bank of Canada (RY), and Canadian Imperial Bank of Commerce (CM). These companies are all part of the "commercial banks, not elsewhere classified" industry.

HDFC Bank vs.

HDFC Bank (NYSE:HDB) and Toronto-Dominion Bank (NYSE:TD) are both large-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their community ranking, valuation, media sentiment, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.

HDFC Bank has a net margin of 15.71% compared to Toronto-Dominion Bank's net margin of 11.16%. HDFC Bank's return on equity of 15.45% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
HDFC Bank15.71% 15.45% 1.79%
Toronto-Dominion Bank 11.16%14.15%0.75%

HDFC Bank has a beta of 0.85, meaning that its share price is 15% less volatile than the S&P 500. Comparatively, Toronto-Dominion Bank has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500.

In the previous week, Toronto-Dominion Bank had 6 more articles in the media than HDFC Bank. MarketBeat recorded 19 mentions for Toronto-Dominion Bank and 13 mentions for HDFC Bank. Toronto-Dominion Bank's average media sentiment score of 0.72 beat HDFC Bank's score of 0.62 indicating that Toronto-Dominion Bank is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HDFC Bank
7 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto-Dominion Bank
8 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Toronto-Dominion Bank has higher revenue and earnings than HDFC Bank. Toronto-Dominion Bank is trading at a lower price-to-earnings ratio than HDFC Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HDFC Bank$49.29B2.14$7.75B$3.2617.42
Toronto-Dominion Bank$75.05B1.34$7.99B$4.6812.23

Toronto-Dominion Bank received 97 more outperform votes than HDFC Bank when rated by MarketBeat users. However, 69.13% of users gave HDFC Bank an outperform vote while only 54.95% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
HDFC BankOutperform Votes
430
69.13%
Underperform Votes
192
30.87%
Toronto-Dominion BankOutperform Votes
527
54.95%
Underperform Votes
432
45.05%

17.6% of HDFC Bank shares are held by institutional investors. Comparatively, 52.4% of Toronto-Dominion Bank shares are held by institutional investors. 1.0% of HDFC Bank shares are held by insiders. Comparatively, 0.1% of Toronto-Dominion Bank shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Toronto-Dominion Bank has a consensus price target of $89.33, suggesting a potential upside of 56.07%. Given Toronto-Dominion Bank's higher probable upside, analysts clearly believe Toronto-Dominion Bank is more favorable than HDFC Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HDFC Bank
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50
Toronto-Dominion Bank
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

HDFC Bank pays an annual dividend of $0.60 per share and has a dividend yield of 1.1%. Toronto-Dominion Bank pays an annual dividend of $3.02 per share and has a dividend yield of 5.3%. HDFC Bank pays out 18.4% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 64.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

HDFC Bank beats Toronto-Dominion Bank on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HDB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HDB vs. The Competition

MetricHDFC BankCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$105.61B$35.79B$10.07B$18.13B
Dividend Yield1.05%4.35%5.84%3.44%
P/E Ratio17.427.8637.0422.66
Price / Sales2.141.70207.8410.60
Price / Cash13.029.1916.6819.24
Price / Book1.861.083.326.00
Net Income$7.75B$3.12B$1.01B$966.17M
7 Day Performance2.31%2.05%1.72%1.85%
1 Month Performance-3.86%8.19%4.59%6.59%
1 Year Performance-14.60%35.95%19.56%23.69%

HDFC Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
4.4664 of 5 stars
$56.70
-0.1%
$89.33
+57.6%
-6.1%$99.77B$75.05B12.12103,257Upcoming Earnings
News Coverage
IBN
ICICI Bank
0.8967 of 5 stars
$26.90
flat
N/A+17.9%$94.50B$20.04B19.35157,799Stock Split
SAN
Banco Santander
3.9697 of 5 stars
$5.09
+0.6%
N/A+53.5%$80.55B$62.14B7.07212,764Analyst Upgrade
MUFG
Mitsubishi UFJ Financial Group
3.6662 of 5 stars
$10.41
+1.2%
N/A+46.0%$128.37B$5.66T8.39121,800News Coverage
Gap Up
SMFG
Sumitomo Mitsui Financial Group
1.4621 of 5 stars
$11.81
+1.3%
N/A+50.4%$77.79B$45.46B13.42106,000Upcoming Earnings
News Coverage
BMO
Bank of Montreal
4.6016 of 5 stars
$94.50
+0.4%
$131.00
+38.6%
+7.9%$68.91B$50.48B18.0356,000Positive News
BBVA
Banco Bilbao Vizcaya Argentaria
3.2423 of 5 stars
$10.70
+2.2%
N/A+55.0%$63.80B$34.69B7.28121,486Short Interest ↑
ING
ING Groep
3.3549 of 5 stars
$17.79
+2.0%
N/A+38.0%$61.01B$22.42B7.8746,000
RY
Royal Bank of Canada
4.6057 of 5 stars
$104.28
-0.3%
$137.67
+32.0%
+12.6%$147.53B$87.48B13.1391,398Upcoming Earnings
CM
Canadian Imperial Bank of Commerce
4.7967 of 5 stars
$48.99
-0.6%
$63.00
+28.6%
+17.8%$45.95B$41.16B10.1248,074Positive News

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This page (NYSE:HDB) was last updated on 5/19/2024 by MarketBeat.com Staff

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