Free Trial

Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
$52.25 +0.69 (+1.34%)
(As of 12/20/2024 05:31 PM ET)

TD vs. BAC, RY, HSBC, HDB, MUFG, C, IBN, UBS, SMFG, and SAN

Should you be buying Toronto-Dominion Bank stock or one of its competitors? The main competitors of Toronto-Dominion Bank include Bank of America (BAC), Royal Bank of Canada (RY), HSBC (HSBC), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), UBS Group (UBS), Sumitomo Mitsui Financial Group (SMFG), and Banco Santander (SAN). These companies are all part of the "banking" industry.

Toronto-Dominion Bank vs.

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

Toronto-Dominion Bank currently has a consensus price target of $80.50, suggesting a potential upside of 54.07%. Bank of America has a consensus price target of $45.92, suggesting a potential upside of 3.96%. Given Toronto-Dominion Bank's higher possible upside, equities research analysts clearly believe Toronto-Dominion Bank is more favorable than Bank of America.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.33
Bank of America
1 Sell rating(s)
8 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.59

Bank of America received 1498 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 65.17% of users gave Bank of America an outperform vote while only 54.19% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Toronto-Dominion BankOutperform Votes
530
54.19%
Underperform Votes
448
45.81%
Bank of AmericaOutperform Votes
2028
65.17%
Underperform Votes
1084
34.83%

Toronto-Dominion Bank has a beta of 0.82, meaning that its share price is 18% less volatile than the S&P 500. Comparatively, Bank of America has a beta of 1.33, meaning that its share price is 33% more volatile than the S&P 500.

Toronto-Dominion Bank pays an annual dividend of $3.10 per share and has a dividend yield of 5.9%. Bank of America pays an annual dividend of $1.04 per share and has a dividend yield of 2.4%. Toronto-Dominion Bank pays out 89.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Bank of America pays out 37.8% of its earnings in the form of a dividend. Bank of America has raised its dividend for 11 consecutive years.

Bank of America has a net margin of 12.48% compared to Toronto-Dominion Bank's net margin of 7.37%. Toronto-Dominion Bank's return on equity of 13.96% beat Bank of America's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank7.37% 13.96% 0.72%
Bank of America 12.48%10.09%0.83%

In the previous week, Toronto-Dominion Bank had 3 more articles in the media than Bank of America. MarketBeat recorded 48 mentions for Toronto-Dominion Bank and 45 mentions for Bank of America. Bank of America's average media sentiment score of 0.52 beat Toronto-Dominion Bank's score of 0.09 indicating that Bank of America is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto-Dominion Bank
6 Very Positive mention(s)
2 Positive mention(s)
32 Neutral mention(s)
4 Negative mention(s)
3 Very Negative mention(s)
Neutral
Bank of America
5 Very Positive mention(s)
18 Positive mention(s)
14 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Positive

52.4% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 70.7% of Bank of America shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by insiders. Comparatively, 0.3% of Bank of America 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Toronto-Dominion Bank$55.95B1.63$6.50B$3.4715.06
Bank of America$98.50B3.44$26.52B$2.7516.06

Summary

Bank of America beats Toronto-Dominion Bank on 16 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

TD vs. The Competition

MetricToronto-Dominion BankCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$91.45B$33.72B$10.77B$19.18B
Dividend Yield5.66%3.75%9.94%3.58%
P/E Ratio15.069.6132.6341.22
Price / Sales1.631.60190.1817.58
Price / Cash7.7810.2930.5621.28
Price / Book1.191.212.715.32
Net Income$6.50B$3.23B$1.03B$989.67M
7 Day Performance-1.88%-1.74%-2.86%-3.45%
1 Month Performance-6.58%-0.51%-2.81%-3.73%
1 Year Performance-18.11%30.32%11.15%12.06%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
4.5068 of 5 stars
$52.25
+1.3%
$80.50
+54.1%
-16.2%$91.45B$55.95B15.06103,257Analyst Downgrade
BAC
Bank of America
4.8505 of 5 stars
$45.50
-0.4%
$45.92
+0.9%
+33.9%$349.12B$98.50B16.50213,000Analyst Revision
RY
Royal Bank of Canada
4.7878 of 5 stars
$124.45
0.0%
$156.50
+25.8%
+22.0%$175.93B$98.71B15.0791,398Analyst Upgrade
News Coverage
HSBC
HSBC
1.7113 of 5 stars
$48.68
+0.2%
N/A+23.4%$175.39B$64.26B8.05220,861
HDB
HDFC Bank
2.3634 of 5 stars
$66.87
-0.2%
N/A-2.0%$169.34B$2.36T20.36213,527
MUFG
Mitsubishi UFJ Financial Group
3.1451 of 5 stars
$12.00
-0.7%
N/A+38.9%$139.89B$82.36B11.75140,000Gap Down
C
Citigroup
4.9838 of 5 stars
$71.45
+0.6%
$75.63
+5.8%
+38.2%$135.13B$80.41B20.68239,000
IBN
ICICI Bank
1.6483 of 5 stars
$31.42
+0.7%
N/A+26.5%$110.84B$1.83T21.23187,765Stock Split
UBS
UBS Group
2.0082 of 5 stars
$31.80
-0.2%
N/A-1.8%$101.96B$65.28B26.48112,842Positive News
SMFG
Sumitomo Mitsui Financial Group
2.8763 of 5 stars
$14.67
-1.5%
N/A+53.6%$95.95B$5.00T12.63120,000
SAN
Banco Santander
3.9361 of 5 stars
$4.89
-0.4%
N/A+11.4%$77.39B$62.14B6.14212,764

Related Companies and Tools


This page (NYSE:TD) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners