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Toronto Dominion Bank (TD) Competitors

Toronto Dominion Bank logo
$121.33 +0.24 (+0.20%)
As of 08/28/2026 03:58 PM Eastern

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

Should you buy Toronto Dominion Bank stock or one of its competitors? Toronto Dominion Bank's main competitors and comparable companies 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). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "banks" industry.

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 better business? We will compare the two companies based on the strength of their risk, valuation, institutional ownership, earnings, analyst recommendations, dividends, profitability and media sentiment.

In the previous week, Bank Of Montreal had 5 more articles in the media than Toronto Dominion Bank. MarketBeat recorded 39 mentions for Bank Of Montreal and 34 mentions for Toronto Dominion Bank. Bank Of Montreal's average media sentiment score of 1.19 beat Toronto Dominion Bank's score of 0.92 indicating that Bank Of Montreal is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank Of Montreal
25 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto Dominion Bank
19 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank Of Montreal$55.92B2.15$6.22B$8.8619.42
Toronto Dominion Bank$87.34B2.29$14.66B$6.4118.93

Toronto Dominion Bank has a net margin of 14.41% compared to Bank Of Montreal's net margin of 11.72%. Toronto Dominion Bank's return on equity of 14.85% beat Bank Of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank Of Montreal11.72% 13.60% 0.71%
Toronto Dominion Bank 14.41%14.85%0.81%

Bank Of Montreal currently has a consensus target price of $163.00, indicating a potential downside of 5.27%. Toronto Dominion Bank has a consensus target price of $156.00, indicating a potential upside of 28.57%. Given Toronto Dominion Bank's stronger consensus rating and higher probable upside, analysts plainly 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)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.33
Toronto Dominion Bank
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.67

Bank Of Montreal has a beta of 0.94, suggesting that its share price is 6% less volatile than the broader market. Comparatively, Toronto Dominion Bank has a beta of 0.72, suggesting that its share price is 28% less volatile than the broader market.

45.8% of Bank Of Montreal shares are held by institutional investors. Comparatively, 52.4% of Toronto Dominion Bank shares are held by institutional investors. 1.0% of Bank Of Montreal shares are held by insiders. Comparatively, 0.1% of Toronto Dominion Bank shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Bank Of Montreal pays an annual dividend of $4.81 per share and has a dividend yield of 2.8%. Toronto Dominion Bank pays an annual dividend of $3.15 per share and has a dividend yield of 2.6%. Bank Of Montreal pays out 54.3% of its earnings in the form of a dividend. Toronto Dominion Bank pays out 49.1% 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. 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 12 of the 20 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 business? We will compare the two companies based on the strength of their earnings, profitability, media sentiment, analyst recommendations, institutional ownership, risk, valuation and dividends.

In the previous week, Bank of Nova Scotia had 14 more articles in the media than Toronto Dominion Bank. MarketBeat recorded 48 mentions for Bank of Nova Scotia and 34 mentions for Toronto Dominion Bank. Bank of Nova Scotia's average media sentiment score of 1.21 beat Toronto Dominion Bank's score of 0.92 indicating that Bank of Nova Scotia is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of Nova Scotia
32 Very Positive mention(s)
5 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto Dominion Bank
19 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

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

Bank of Nova Scotia pays an annual dividend of $3.21 per share and has a dividend yield of 3.5%. Toronto Dominion Bank pays an annual dividend of $3.15 per share and has a dividend yield of 2.6%. Bank of Nova Scotia pays out 58.0% of its earnings in the form of a dividend. Toronto Dominion Bank pays out 49.1% 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. 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 has a beta of 1.11, suggesting that its share price is 11% more volatile than the broader market. Comparatively, Toronto Dominion Bank has a beta of 0.72, suggesting that its share price is 28% less volatile than the broader market.

Bank of Nova Scotia currently has a consensus price target of $117.00, indicating a potential upside of 26.69%. Toronto Dominion Bank has a consensus price target of $156.00, indicating a potential upside of 28.57%. Given Toronto Dominion Bank's higher probable upside, analysts plainly believe Toronto Dominion Bank is more favorable than Bank of Nova Scotia.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Nova Scotia
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71
Toronto Dominion Bank
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.67

Toronto Dominion Bank has a net margin of 14.41% compared to Bank of Nova Scotia's net margin of 13.91%. Bank of Nova Scotia's return on equity of 16.12% beat Toronto Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia13.91% 16.12% 0.72%
Toronto Dominion Bank 14.41%14.85%0.81%

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$52.70B2.14$5.56B$5.5316.70
Toronto Dominion Bank$87.34B2.29$14.66B$6.4118.93

Summary

Toronto Dominion Bank beats Bank of Nova Scotia on 12 of the 20 factors compared between the two stocks.

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

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

Canadian Imperial Bank of Commerce has a beta of 1.01, indicating that its stock price is 1% more volatile than the broader market. Comparatively, Toronto Dominion Bank has a beta of 0.72, indicating that its stock price is 28% less volatile than the broader market.

49.9% of Canadian Imperial Bank of Commerce 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, large money managers and endowments believe a stock will outperform the market over the long term.

Canadian Imperial Bank of Commerce presently has a consensus target price of $167.00, suggesting a potential upside of 45.90%. Toronto Dominion Bank has a consensus target price of $156.00, suggesting a potential upside of 28.57%. Given Canadian Imperial Bank of Commerce's higher probable upside, equities analysts plainly 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
Canadian Imperial Bank of Commerce
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.60
Toronto Dominion Bank
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.67

Canadian Imperial Bank of Commerce has a net margin of 16.09% compared to Toronto Dominion Bank's net margin of 14.41%. Canadian Imperial Bank of Commerce's return on equity of 17.07% beat Toronto Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce16.09% 17.07% 0.88%
Toronto Dominion Bank 14.41%14.85%0.81%

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
Canadian Imperial Bank of Commerce$44.36B2.36$6.02B$7.2815.72
Toronto Dominion Bank$87.34B2.29$14.66B$6.4118.93

Canadian Imperial Bank of Commerce pays an annual dividend of $3.10 per share and has a dividend yield of 2.7%. Toronto Dominion Bank pays an annual dividend of $3.15 per share and has a dividend yield of 2.6%. Canadian Imperial Bank of Commerce pays out 42.6% of its earnings in the form of a dividend. Toronto Dominion Bank pays out 49.1% 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. Canadian Imperial Bank of Commerce has raised its dividend for 14 consecutive years and Toronto Dominion Bank has raised its dividend for 12 consecutive years. Canadian Imperial Bank of Commerce is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Toronto Dominion Bank had 1 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 34 mentions for Toronto Dominion Bank and 33 mentions for Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce's average media sentiment score of 1.34 beat Toronto Dominion Bank's score of 0.92 indicating that Canadian Imperial Bank of Commerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Imperial Bank of Commerce
23 Very Positive mention(s)
4 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto Dominion Bank
19 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Summary

Canadian Imperial Bank of Commerce beats Toronto Dominion Bank on 11 of the 18 factors compared between the two stocks.

How does Toronto Dominion Bank compare to First Horizon?

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

First Horizon presently has a consensus target price of $27.26, suggesting a potential upside of 10.56%. Toronto Dominion Bank has a consensus target price of $156.00, suggesting a potential upside of 28.57%. Given Toronto Dominion Bank's stronger consensus rating and higher possible upside, analysts plainly believe Toronto Dominion Bank is more favorable than First Horizon.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Horizon
1 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.40
Toronto Dominion Bank
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.67

First Horizon pays an annual dividend of $0.68 per share and has a dividend yield of 2.8%. Toronto Dominion Bank pays an annual dividend of $3.15 per share and has a dividend yield of 2.6%. First Horizon pays out 32.5% of its earnings in the form of a dividend. Toronto Dominion Bank pays out 49.1% 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 increased its dividend for 12 consecutive years. First Horizon is clearly the better dividend stock, given its higher yield and lower payout ratio.

First Horizon has a net margin of 21.12% compared to Toronto Dominion Bank's net margin of 14.41%. Toronto Dominion Bank's return on equity of 14.85% beat First Horizon's return on equity.

Company Net Margins Return on Equity Return on Assets
First Horizon21.12% 12.06% 1.26%
Toronto Dominion Bank 14.41%14.85%0.81%

In the previous week, Toronto Dominion Bank had 14 more articles in the media than First Horizon. MarketBeat recorded 34 mentions for Toronto Dominion Bank and 20 mentions for First Horizon. First Horizon's average media sentiment score of 1.30 beat Toronto Dominion Bank's score of 0.92 indicating that First Horizon is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Horizon
17 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto Dominion Bank
19 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

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
First Horizon$5.00B2.34$982M$2.0911.80
Toronto Dominion Bank$87.34B2.29$14.66B$6.4118.93

80.3% of First Horizon shares are owned by institutional investors. Comparatively, 52.4% of Toronto Dominion Bank shares are owned by institutional investors. 0.9% of First Horizon 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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

First Horizon has a beta of 0.61, indicating that its share price is 39% less 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 First Horizon on 11 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 better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, risk, media sentiment, dividends, earnings and valuation.

Toronto Dominion Bank pays an annual dividend of $3.15 per share and has a dividend yield of 2.6%. Royal Bank Of Canada pays an annual dividend of $4.96 per share and has a dividend yield of 2.4%. Toronto Dominion Bank pays out 49.1% of its earnings in the form of a dividend. Royal Bank Of Canada pays out 44.6% 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$87.34B2.29$14.66B$6.4118.93
Royal Bank Of Canada$98.11B2.89$14.54B$11.1318.37

Toronto Dominion Bank currently has a consensus target price of $156.00, suggesting a potential upside of 28.57%. Royal Bank Of Canada has a consensus target price of $225.00, suggesting a potential upside of 10.03%. Given Toronto Dominion Bank's higher probable upside, research analysts plainly 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)
4 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.67
Royal Bank Of Canada
0 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.71

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

Toronto Dominion Bank has a beta of 0.72, suggesting that its share price is 28% less volatile than the broader market. Comparatively, Royal Bank Of Canada has a beta of 0.8, suggesting that its share price is 20% less volatile than the broader market.

In the previous week, Royal Bank Of Canada had 11 more articles in the media than Toronto Dominion Bank. MarketBeat recorded 45 mentions for Royal Bank Of Canada and 34 mentions for Toronto Dominion Bank. Royal Bank Of Canada's average media sentiment score of 1.31 beat Toronto Dominion Bank's score of 0.92 indicating that Royal Bank Of Canada is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto Dominion Bank
19 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Royal Bank Of Canada
32 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Royal Bank Of Canada has a net margin of 16.17% compared to Toronto Dominion Bank's net margin of 14.41%. Royal Bank Of Canada's return on equity of 17.94% beat Toronto Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto Dominion Bank14.41% 14.85% 0.81%
Royal Bank Of Canada 16.17%17.94%0.98%

Summary

Royal Bank Of Canada beats Toronto Dominion Bank on 13 of the 19 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$199.17B$23.54B$14.01B$24.20B
Dividend Yield2.60%3.19%5.89%3.71%
P/E Ratio18.0327.3826.7430.01
Price / Sales2.299.43516.0619.53
Price / Cash16.6716.0039.0733.10
Price / Book2.471.362.197.67
Net Income$14.66B$2.58B$1.31B$1.07B
7 Day Performance3.59%-0.04%0.90%-0.32%
1 Month Performance3.79%1.10%2.77%2.36%
1 Year Performance61.66%22.93%11.55%13.30%

Toronto Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto Dominion Bank
4.8913 of 5 stars
$121.33
+0.2%
$156.00
+28.6%
+66.5%$199.17B$87.34B18.03102,218
BMO
Bank Of Montreal
4.2273 of 5 stars
$170.76
-0.8%
$163.00
-4.5%
+44.3%$119.05B$55.92B19.2753,234
BNS
Bank of Nova Scotia
4.9707 of 5 stars
$92.13
-0.9%
$117.00
+27.0%
+48.0%$112.29B$52.70B16.6786,431
CM
Canadian Imperial Bank of Commerce
4.8633 of 5 stars
$113.63
-1.1%
$167.00
+47.0%
+48.6%$103.73B$44.36B15.6149,824
FHN
First Horizon
4.7884 of 5 stars
$24.61
+0.8%
$27.26
+10.8%
+8.5%$11.66B$5.00B11.787,404

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This page (NYSE:TD) was last updated on 8/29/2026 by MarketBeat.com Staff.
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