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HDFC Bank (HDB) Competitors

$56.14
-0.02 (-0.04%)
(As of 05/22/2024 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.

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

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

Toronto-Dominion Bank pays an annual dividend of $3.02 per share and has a dividend yield of 5.4%. HDFC Bank pays an annual dividend of $0.60 per share and has a dividend yield of 1.1%. Toronto-Dominion Bank pays out 64.5% of its earnings in the form of a dividend. HDFC Bank pays out 18.4% 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. Toronto-Dominion Bank has increased its dividend for 10 consecutive years and HDFC Bank has increased its dividend for 2 consecutive years. Toronto-Dominion Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

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

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

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank11.16% 14.15% 0.75%
HDFC Bank 15.71%15.45%1.79%

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
Toronto-Dominion Bank$75.05B1.32$7.99B$4.6811.99
HDFC Bank$49.29B2.12$7.75B$3.2617.22

Toronto-Dominion Bank presently has a consensus target price of $89.33, suggesting a potential upside of 59.21%. Given HDFC Bank's higher probable upside, equities analysts clearly believe Toronto-Dominion Bank is more favorable than HDFC Bank.

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

In the previous week, Toronto-Dominion Bank had 8 more articles in the media than HDFC Bank. MarketBeat recorded 20 mentions for Toronto-Dominion Bank and 12 mentions for HDFC Bank. HDFC Bank's average media sentiment score of 0.84 beat Toronto-Dominion Bank's score of 0.70 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
12 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
HDFC Bank
7 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Toronto-Dominion Bank and HDFC Bank tied by winning 11 of the 22 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$104.42B$34.51B$9.46B$17.95B
Dividend Yield1.06%4.45%10.38%3.45%
P/E Ratio17.229.0856.6125.80
Price / Sales2.121.613,609.6911.59
Price / Cash12.959.0516.2019.57
Price / Book1.841.063.245.98
Net Income$7.75B$3.11B$1.02B$976.39M
7 Day Performance0.12%-1.04%0.56%-0.36%
1 Month Performance-3.91%3.79%2.24%3.71%
1 Year Performance-14.07%34.11%16.60%21.33%

HDFC Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
4.5122 of 5 stars
$56.70
-0.1%
$89.33
+57.6%
-8.2%$99.77B$75.05B12.12103,257Upcoming Earnings
IBN
ICICI Bank
0.892 of 5 stars
$26.90
flat
N/A+16.8%$94.50B$20.04B19.35157,799Stock Split
SAN
Banco Santander
3.7665 of 5 stars
$5.09
+0.6%
N/A+48.3%$80.55B$62.14B7.07212,764
MUFG
Mitsubishi UFJ Financial Group
3.6481 of 5 stars
$10.41
+1.2%
N/A+47.5%$128.37B$5.66T8.39121,800Positive News
SMFG
Sumitomo Mitsui Financial Group
1.6758 of 5 stars
$11.81
+1.3%
N/A+53.3%$77.79B$45.46B13.42106,000Positive News
BMO
Bank of Montreal
4.4338 of 5 stars
$94.50
+0.4%
$131.00
+38.6%
+7.8%$68.91B$50.48B18.0356,000Upcoming Earnings
News Coverage
BBVA
Banco Bilbao Vizcaya Argentaria
3.2416 of 5 stars
$10.70
+2.2%
N/A+53.5%$63.80B$34.69B7.28121,486
ING
ING Groep
3.166 of 5 stars
$17.79
+2.0%
N/A+36.6%$61.01B$22.42B7.8746,000
RY
Royal Bank of Canada
4.7883 of 5 stars
$104.28
-0.3%
$137.67
+32.0%
+12.5%$147.53B$87.48B13.1391,398Upcoming Earnings
Positive News
CM
Canadian Imperial Bank of Commerce
4.7264 of 5 stars
$48.99
-0.6%
$63.00
+28.6%
+15.5%$45.95B$41.16B10.1248,074Positive News

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This page (NYSE:HDB) was last updated on 5/23/2024 by MarketBeat.com Staff

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