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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$85.59 +0.03 (+0.04%)
As of 02/20/2025 04:00 PM Eastern

TD vs. RY, BMO, BNS, FFH, KEY, BNC, BLX, HUT, SII, and BITF

Should you be buying Toronto-Dominion Bank stock or one of its competitors? The main competitors of Toronto-Dominion Bank include Royal Bank of Canada (RY), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Fairfax Financial (FFH), Keyera (KEY), Purpose Canadian Financial Income Fund Series ETF (BNC), Boralex (BLX), Hut 8 (HUT), Sprott (SII), and Bitfarms (BITF). These companies are all part of the "banking" industry.

Toronto-Dominion Bank vs.

Toronto-Dominion Bank (TSE:TD) and Royal Bank of Canada (TSE:RY) are both large-cap financial services companies, but which is the better business? We will contrast the two companies based on the strength of their community ranking, institutional ownership, analyst recommendations, risk, profitability, media sentiment, dividends, valuation and earnings.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Toronto-Dominion BankC$56.16B2.67C$8.88BC$5.0516.96
Royal Bank of CanadaC$57.52B4.17C$16.24BC$11.4814.76

Royal Bank of Canada has a net margin of 28.23% compared to Toronto-Dominion Bank's net margin of 15.80%. Royal Bank of Canada's return on equity of 13.27% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank15.80% 7.84% 0.43%
Royal Bank of Canada 28.23%13.27%0.80%

58.1% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 52.5% of Royal Bank of Canada shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Royal Bank of Canada received 181 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.40% of users gave Royal Bank of Canada an outperform vote while only 53.65% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Toronto-Dominion BankOutperform Votes
573
53.65%
Underperform Votes
495
46.35%
Royal Bank of CanadaOutperform Votes
754
58.40%
Underperform Votes
537
41.60%

Toronto-Dominion Bank has a beta of 0.82, suggesting that its share price is 18% less volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500.

In the previous week, Toronto-Dominion Bank and Toronto-Dominion Bank both had 16 articles in the media. Toronto-Dominion Bank's average media sentiment score of 0.05 beat Royal Bank of Canada's score of -0.09 indicating that Toronto-Dominion Bank is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto-Dominion Bank
1 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Royal Bank of Canada
2 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral

Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 4.8%. Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.4%. Toronto-Dominion Bank pays out 80.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Royal Bank of Canada pays out 49.5% of its earnings in the form of a dividend.

Toronto-Dominion Bank presently has a consensus price target of C$88.67, suggesting a potential upside of 3.59%. Royal Bank of Canada has a consensus price target of C$180.50, suggesting a potential upside of 6.55%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, analysts clearly believe Royal Bank of Canada is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.38
Royal Bank of Canada
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
3 Strong Buy rating(s)
3.09

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 15 of the 20 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 {thisCompany.Symbol} 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 TSE 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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TD vs. The Competition

MetricToronto-Dominion BankBanks IndustryFinancial SectorTSE Exchange
Market CapC$150.16BC$97.76BC$4.19BC$5.77B
Dividend Yield4.82%3.77%4.29%6.85%
P/E Ratio16.9613.0616.0631.10
Price / Sales2.6775.721,762.88481.04
Price / Cash0.290.1748.6082.43
Price / Book1.301.125.213.89
Net IncomeC$8.88BC$9.45BC$1.26BC$298.01M
7 Day Performance0.59%0.45%0.25%-0.02%
1 Month Performance3.92%6.40%2.73%3.39%
1 Year Performance6.11%54.78%15.41%40.06%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
1.2578 of 5 stars
C$85.59
+0.0%
C$88.67
+3.6%
+6.1%C$150.16BC$56.16B16.9693,700Analyst Forecast
Analyst Revision
RY
Royal Bank of Canada
1.2775 of 5 stars
C$168.67
-0.4%
C$178.83
+6.0%
+27.8%C$238.67BC$57.52B14.7091,400Analyst Forecast
News Coverage
BMO
Bank of Montreal
2.355 of 5 stars
C$143.21
+0.5%
C$137.92
-3.7%
+11.8%C$103.73BC$53.67B14.1446,700Analyst Forecast
Analyst Revision
News Coverage
BNS
Bank of Nova Scotia
2.0037 of 5 stars
C$72.59
-0.1%
C$77.92
+7.3%
+13.0%C$88.95BC$43.73B11.4791,000Analyst Forecast
Analyst Revision
News Coverage
FFH
Fairfax Financial
2.0524 of 5 stars
C$2,070.19
+3.5%
C$2,091.67
+1.0%
+50.3%C$33.20BC$21.14B7.9319,300Analyst Forecast
Insider Trade
Analyst Revision
News Coverage
KEY
Keyera
2.1324 of 5 stars
C$42.05
-0.4%
C$44.77
+6.5%
+28.9%C$9.69BC$7.53B21.6717,500Gap Up
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$27.45
+0.1%
N/A+10.0%C$8.33BN/A0.00206,500News Coverage
BLX
Boralex
2.0563 of 5 stars
C$25.79
+0.9%
C$40.50
+57.0%
-10.5%C$2.68BC$952.11M37.81180Dividend Announcement
HUT
Hut 8
N/AC$29.03
flat
N/A+116.3%C$1.93BC$142.55M7.10219
SII
Sprott
0.3414 of 5 stars
C$60.83
-2.4%
C$67.00
+10.1%
+20.4%C$1.09BC$114.38M23.71170
BITF
Bitfarms
2.2402 of 5 stars
C$2.00
+0.5%
C$6.50
+225.0%
-57.8%C$701.44MC$159.92M-4.50110Negative News

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This page (TSE:TD) was last updated on 2/21/2025 by MarketBeat.com Staff
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