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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$87.05 +0.36 (+0.42%)
As of 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 investment? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, community ranking, risk, valuation, analyst recommendations, dividends, earnings and profitability.

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$56.16B2.72C$8.88BC$5.0517.28
Royal Bank of CanadaC$57.52B4.11C$16.24BC$11.4814.55

Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 4.7%. 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.

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 held by institutional investors. Comparatively, 52.5% of Royal Bank of Canada shares are held by institutional investors. 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 currently has a consensus price target of C$88.75, suggesting a potential upside of 1.79%. Royal Bank of Canada has a consensus price target of C$181.67, suggesting a potential upside of 8.76%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts plainly 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)
5 Buy rating(s)
3 Strong Buy rating(s)
3.10

Toronto-Dominion Bank has a beta of 0.82, meaning that its share price is 18% less volatile than the S&P 500. Comparatively, Royal Bank of Canada 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 5 more articles in the media than Royal Bank of Canada. MarketBeat recorded 6 mentions for Toronto-Dominion Bank and 1 mentions for Royal Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.50 beat Royal Bank of Canada's score of 0.00 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
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Royal Bank of Canada received 181 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.22% of users gave Royal Bank of Canada an outperform vote while only 53.55% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Toronto-Dominion BankOutperform Votes
573
53.55%
Underperform Votes
497
46.45%
Royal Bank of CanadaOutperform Votes
754
58.22%
Underperform Votes
541
41.78%

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 15 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 {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$152.96BC$98.29BC$4.25BC$5.76B
Dividend Yield4.82%3.77%4.18%6.83%
P/E Ratio17.2813.4816.0130.44
Price / Sales2.7278.161,719.39483.49
Price / Cash0.290.1748.9783.20
Price / Book1.321.113.373.72
Net IncomeC$8.88BC$9.45BC$1.27BC$300.33M
7 Day Performance2.20%-0.60%0.78%1.94%
1 Month Performance2.25%2.18%6.78%1.63%
1 Year Performance7.70%50.41%11.41%34.71%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
0.6779 of 5 stars
C$87.05
+0.4%
C$88.75
+2.0%
+6.7%C$152.72BC$56.16B17.2593,700
RY
Royal Bank of Canada
0.9606 of 5 stars
C$160.39
+0.2%
C$181.67
+13.3%
+22.7%C$226.95BC$57.52B13.9891,400Insider Trade
BMO
Bank of Montreal
2.8974 of 5 stars
C$139.84
+0.5%
C$149.00
+6.6%
+7.3%C$101.29BC$53.67B13.8046,700
BNS
Bank of Nova Scotia
2.632 of 5 stars
C$69.60
+1.1%
C$78.55
+12.9%
+1.2%C$85.29BC$43.73B11.0091,000
FFH
Fairfax Financial
1.8635 of 5 stars
C$2,003.39
+1.4%
C$2,129.17
+6.3%
+34.7%C$32.13BC$21.14B7.6719,300
KEY
Keyera
0.708 of 5 stars
C$42.82
+1.4%
C$44.77
+4.6%
+32.4%C$9.86BC$7.53B22.0717,500
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$26.67
+2.3%
N/AN/AC$8.10BN/A0.00206,500Gap Up
BLX
Boralex
1.6855 of 5 stars
C$29.48
+2.2%
C$40.25
+36.5%
+4.7%C$3.07BC$952.11M43.22180
HUT
Hut 8
N/AC$18.46
+1.9%
N/A+68.5%C$1.23BC$142.55M4.52219
SII
Sprott
0.9951 of 5 stars
C$61.56
+0.5%
C$69.50
+12.9%
+32.0%C$1.10BC$114.38M23.99170
BITF
Bitfarms
1.9234 of 5 stars
C$1.58
-1.9%
C$6.50
+311.4%
-49.2%C$554.14MC$159.92M-3.56110
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This page (TSE:TD) was last updated on 3/25/2025 by MarketBeat.com Staff
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