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Toronto Dominion Bank (TD) Competitors

Toronto Dominion Bank logo
$113.26 -0.49 (-0.43%)
Closing price 06/5/2026 03:59 PM Eastern
Extended Trading
$113.16 -0.10 (-0.09%)
As of 06/5/2026 05:25 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

TD vs. BMO, BNS, CM, FHN, and RY

Should you buy Toronto Dominion Bank stock or one of its competitors? MarketBeat compares Toronto Dominion Bank with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Toronto Dominion Bank include Bank Of Montreal (BMO), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), First Horizon (FHN), and Royal Bank Of Canada (RY). These companies are all part of the "finance" sector.

How does Toronto Dominion Bank compare to Bank Of Montreal?

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

In the previous week, Toronto Dominion Bank had 3 more articles in the media than Bank Of Montreal. MarketBeat recorded 16 mentions for Toronto Dominion Bank and 13 mentions for Bank Of Montreal. Toronto Dominion Bank's average media sentiment score of 1.02 beat Bank Of Montreal's score of 0.65 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
Bank Of Montreal
5 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto Dominion Bank
10 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

Bank Of Montreal presently has a consensus price target of $163.00, indicating a potential downside of 0.91%. Toronto Dominion Bank has a consensus price target of $156.00, indicating a potential upside of 37.73%. Given Toronto Dominion Bank's stronger consensus rating and higher possible upside, analysts clearly believe Toronto Dominion Bank is more favorable than Bank Of Montreal.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank Of Montreal
1 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.31
Toronto Dominion Bank
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78

Bank Of Montreal has a beta of 0.95, meaning that its share price is 5% less volatile than the broader market. Comparatively, Toronto Dominion Bank has a beta of 0.72, meaning that its share price is 28% less volatile than the broader market.

45.8% of Bank Of Montreal shares are owned by institutional investors. Comparatively, 52.4% of Toronto Dominion Bank shares are owned by institutional investors. 1.0% of Bank Of Montreal shares are owned by company insiders. Comparatively, 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 stock will outperform the market over the long term.

Toronto Dominion Bank has higher revenue and earnings than Bank Of Montreal. Bank Of Montreal 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
Bank Of Montreal$55.92B2.06$6.22B$9.4217.46
Toronto Dominion Bank$87.34B2.14$14.66B$6.4117.67

Toronto Dominion Bank has a net margin of 13.20% compared to Bank Of Montreal's net margin of 12.60%. Toronto Dominion Bank's return on equity of 14.83% beat Bank Of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank Of Montreal12.60% 13.04% 0.70%
Toronto Dominion Bank 13.20%14.83%0.82%

Bank Of Montreal pays an annual dividend of $4.80 per share and has a dividend yield of 2.9%. Toronto Dominion Bank pays an annual dividend of $3.11 per share and has a dividend yield of 2.7%. Bank Of Montreal pays out 51.0% of its earnings in the form of a dividend. Toronto Dominion Bank pays out 48.5% 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. Bank Of Montreal has increased its dividend for 4 consecutive years and Toronto Dominion Bank has increased its dividend for 12 consecutive years.

Summary

Toronto Dominion Bank beats Bank Of Montreal on 15 of the 19 factors compared between the two stocks.

How does Toronto Dominion Bank compare to Bank of Nova Scotia?

Bank of Nova Scotia (NYSE:BNS) and Toronto Dominion Bank (NYSE:TD) are both large-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, media sentiment, risk, institutional ownership, profitability, analyst recommendations, valuation and dividends.

Bank of Nova Scotia has a net margin of 13.38% compared to Toronto Dominion Bank's net margin of 13.20%. Toronto Dominion Bank's return on equity of 14.83% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia13.38% 13.16% 0.70%
Toronto Dominion Bank 13.20%14.83%0.82%

Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 3.9%. Toronto Dominion Bank pays an annual dividend of $3.11 per share and has a dividend yield of 2.7%. Bank of Nova Scotia pays out 60.3% of its earnings in the form of a dividend. Toronto Dominion Bank pays out 48.5% 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. Bank of Nova Scotia has raised its dividend for 14 consecutive years and Toronto Dominion Bank has raised its dividend for 12 consecutive years. Bank of Nova Scotia is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Bank of Nova Scotia currently has a consensus price target of $117.00, suggesting a potential upside of 45.13%. Toronto Dominion Bank has a consensus price target of $156.00, suggesting a potential upside of 37.73%. Given Bank of Nova Scotia's higher probable upside, analysts plainly believe Bank of Nova Scotia is more favorable than Toronto Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Toronto Dominion Bank
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78

In the previous week, Toronto Dominion Bank had 16 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 16 mentions for Toronto Dominion Bank and 0 mentions for Bank of Nova Scotia. Toronto Dominion Bank's average media sentiment score of 1.02 beat Bank of Nova Scotia's score of 0.00 indicating that Toronto Dominion Bank is being referred to more favorably in the news media.

Company Overall Sentiment
Bank of Nova Scotia Neutral
Toronto Dominion Bank Positive

Toronto Dominion Bank has higher revenue and earnings than Bank of Nova Scotia. Bank of Nova Scotia 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
Bank of Nova Scotia$52.70B1.88$5.56B$5.2415.39
Toronto Dominion Bank$87.34B2.14$14.66B$6.4117.67

49.1% of Bank of Nova Scotia shares are owned by institutional investors. Comparatively, 52.4% of Toronto Dominion Bank shares are owned by institutional investors. 0.1% of Toronto Dominion Bank shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Bank of Nova Scotia has a beta of 1.12, indicating that its share price is 12% more volatile than the broader market. Comparatively, Toronto Dominion Bank has a beta of 0.72, indicating that its share price is 28% less volatile than the broader market.

Summary

Toronto Dominion Bank beats Bank of Nova Scotia on 15 of the 20 factors compared between the two stocks.

How does Toronto Dominion Bank compare to Canadian Imperial Bank of Commerce?

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

Toronto Dominion Bank currently has a consensus target price of $156.00, suggesting a potential upside of 37.73%. Canadian Imperial Bank of Commerce has a consensus target price of $167.00, suggesting a potential upside of 53.23%. Given Canadian Imperial Bank of Commerce's higher probable upside, analysts clearly believe Canadian Imperial Bank of Commerce is more favorable than Toronto Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto Dominion Bank
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78
Canadian Imperial Bank of Commerce
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

52.4% of Toronto Dominion Bank shares are owned by institutional investors. Comparatively, 49.9% of Canadian Imperial Bank of Commerce 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 endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Toronto Dominion Bank pays an annual dividend of $3.11 per share and has a dividend yield of 2.7%. Canadian Imperial Bank of Commerce pays an annual dividend of $3.14 per share and has a dividend yield of 2.9%. Toronto Dominion Bank pays out 48.5% of its earnings in the form of a dividend. Canadian Imperial Bank of Commerce pays out 43.1% 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 raised its dividend for 12 consecutive years and Canadian Imperial Bank of Commerce has raised its dividend for 14 consecutive years. Canadian Imperial Bank of Commerce is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Canadian Imperial Bank of Commerce has a net margin of 15.84% compared to Toronto Dominion Bank's net margin of 13.20%. Canadian Imperial Bank of Commerce's return on equity of 16.31% beat Toronto Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto Dominion Bank13.20% 14.83% 0.82%
Canadian Imperial Bank of Commerce 15.84%16.31%0.84%

Toronto Dominion Bank has a beta of 0.72, indicating that its share price is 28% less volatile than the broader market. Comparatively, Canadian Imperial Bank of Commerce has a beta of 1.02, indicating that its share price is 2% more volatile than the broader market.

In the previous week, Toronto Dominion Bank had 9 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 16 mentions for Toronto Dominion Bank and 7 mentions for Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce's average media sentiment score of 1.33 beat Toronto Dominion Bank's score of 1.02 indicating that Canadian Imperial Bank of Commerce is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto Dominion Bank
10 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
Canadian Imperial Bank of Commerce
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Toronto Dominion Bank has higher revenue and earnings than Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce 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 Bank$87.34B2.14$14.66B$6.4117.67
Canadian Imperial Bank of Commerce$44.36B2.24$6.02B$7.2814.97

Summary

Canadian Imperial Bank of Commerce beats Toronto Dominion Bank on 11 of the 20 factors compared between the two stocks.

How does Toronto Dominion Bank compare to First Horizon?

Toronto Dominion Bank (NYSE:TD) and First Horizon (NYSE:FHN) are both large-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, media sentiment, dividends, risk, profitability and institutional ownership.

Toronto Dominion Bank pays an annual dividend of $3.11 per share and has a dividend yield of 2.7%. First Horizon pays an annual dividend of $0.68 per share and has a dividend yield of 2.8%. Toronto Dominion Bank pays out 48.5% of its earnings in the form of a dividend. First Horizon pays out 34.0% 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 raised its dividend for 12 consecutive years. First Horizon is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Toronto Dominion Bank had 8 more articles in the media than First Horizon. MarketBeat recorded 16 mentions for Toronto Dominion Bank and 8 mentions for First Horizon. Toronto Dominion Bank's average media sentiment score of 1.02 beat First Horizon's score of 0.79 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
10 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
First Horizon
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Toronto Dominion Bank has a beta of 0.72, suggesting that its share price is 28% less volatile than the broader market. Comparatively, First Horizon has a beta of 0.6, suggesting that its share price is 40% less volatile than the broader market.

52.4% of Toronto Dominion Bank shares are held by institutional investors. Comparatively, 80.3% of First Horizon shares are held by institutional investors. 0.1% of Toronto Dominion Bank shares are held by insiders. Comparatively, 0.9% of First Horizon shares are held by 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.

Toronto Dominion Bank presently has a consensus price target of $156.00, indicating a potential upside of 37.73%. First Horizon has a consensus price target of $26.45, indicating a potential upside of 9.35%. Given Toronto Dominion Bank's stronger consensus rating and higher possible upside, analysts clearly believe Toronto Dominion Bank is more favorable than First Horizon.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto Dominion Bank
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78
First Horizon
1 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.38

First Horizon has a net margin of 20.54% compared to Toronto Dominion Bank's net margin of 13.20%. Toronto Dominion Bank's return on equity of 14.83% beat First Horizon's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto Dominion Bank13.20% 14.83% 0.82%
First Horizon 20.54%11.65%1.23%

Toronto Dominion Bank has higher revenue and earnings than First Horizon. First Horizon 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 Bank$87.34B2.14$14.66B$6.4117.67
First Horizon$5.00B2.30$982M$2.0012.09

Summary

Toronto Dominion Bank beats First Horizon on 12 of the 20 factors compared between the two stocks.

How does Toronto Dominion Bank compare to Royal Bank Of Canada?

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

Toronto Dominion Bank pays an annual dividend of $3.11 per share and has a dividend yield of 2.7%. Royal Bank Of Canada pays an annual dividend of $4.72 per share and has a dividend yield of 2.4%. Toronto Dominion Bank pays out 48.5% of its earnings in the form of a dividend. Royal Bank Of Canada pays out 42.4% 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 raised its dividend for 12 consecutive years and Royal Bank Of Canada has raised its dividend for 15 consecutive years.

Toronto Dominion Bank has higher earnings, but lower revenue than Royal Bank Of Canada. 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 Bank$87.34B2.14$14.66B$6.4117.67
Royal Bank Of Canada$98.11B2.75$14.54B$11.1317.45

Toronto Dominion Bank currently has a consensus target price of $156.00, suggesting a potential upside of 37.73%. Royal Bank Of Canada has a consensus target price of $162.00, suggesting a potential downside of 16.60%. Given Toronto Dominion Bank's stronger consensus rating and higher probable upside, research analysts clearly believe Toronto Dominion Bank is more favorable than Royal Bank Of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto Dominion Bank
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78
Royal Bank Of Canada
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.71

In the previous week, Royal Bank Of Canada had 5 more articles in the media than Toronto Dominion Bank. MarketBeat recorded 21 mentions for Royal Bank Of Canada and 16 mentions for Toronto Dominion Bank. Toronto Dominion Bank's average media sentiment score of 1.02 beat Royal Bank Of Canada's score of 0.83 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
10 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
Royal Bank Of Canada
9 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Toronto Dominion Bank has a beta of 0.72, indicating that its share price is 28% less volatile than the broader market. Comparatively, Royal Bank Of Canada has a beta of 0.81, indicating that its share price is 19% less volatile than the broader market.

52.4% of Toronto Dominion Bank shares are held by institutional investors. Comparatively, 45.3% 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 hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Royal Bank Of Canada has a net margin of 15.92% compared to Toronto Dominion Bank's net margin of 13.20%. Royal Bank Of Canada's return on equity of 17.83% beat Toronto Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto Dominion Bank13.20% 14.83% 0.82%
Royal Bank Of Canada 15.92%17.83%0.98%

Summary

Royal Bank Of Canada beats Toronto Dominion Bank on 11 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 TD 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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TD vs. The Competition

MetricToronto Dominion BankBANKS IndustryFinance SectorNYSE Exchange
Market Cap$186.99B$77.76B$13.56B$23.06B
Dividend Yield2.75%3.30%5.80%4.10%
P/E Ratio17.6710.0020.9927.60
Price / Sales2.144.71138.3322.11
Price / Cash15.5810.8819.1518.46
Price / Book2.311.612.184.62
Net Income$14.66B$7.50B$1.13B$1.07B
7 Day Performance-0.42%-1.36%-0.31%-1.66%
1 Month Performance5.21%0.07%-0.61%-1.07%
1 Year Performance61.02%27.83%10.77%21.20%

Toronto Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto Dominion Bank
4.9794 of 5 stars
$113.26
-0.4%
$156.00
+37.7%
+61.0%$186.99B$87.34B17.67102,218
BMO
Bank Of Montreal
4.0774 of 5 stars
$162.84
+0.5%
$163.00
+0.1%
+52.0%$114.06B$55.92B17.2953,234
BNS
Bank of Nova Scotia
4.626 of 5 stars
$78.73
-1.7%
$117.00
+48.6%
+49.6%$96.58B$52.70B15.0286,431
CM
Canadian Imperial Bank of Commerce
4.7896 of 5 stars
$106.04
-2.5%
$167.00
+57.5%
+58.4%$97.01B$44.36B14.5749,824
FHN
First Horizon
4.5241 of 5 stars
$23.64
-2.5%
$26.45
+11.9%
+18.4%$11.22B$5.00B11.827,404

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This page (NYSE:TD) was last updated on 6/7/2026 by MarketBeat.com Staff.
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