RY vs. TD, BMO, BNS, FFH, KEY, BNC, BLX, HUT, SII, and BITF
Should you be buying Royal Bank of Canada stock or one of its competitors? The main competitors of Royal Bank of Canada include Toronto-Dominion Bank (TD), 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.
Royal Bank of Canada vs. Its Competitors
Royal Bank of Canada (TSE:RY) and Toronto-Dominion Bank (TSE:TD) are both large-cap financial services companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, earnings, analyst recommendations, institutional ownership, risk and valuation.
29.5% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 32.3% of Toronto-Dominion Bank shares are held by institutional investors. 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.
Royal Bank of Canada presently has a consensus target price of C$206.00, indicating a potential upside of 3.24%. Toronto-Dominion Bank has a consensus target price of C$99.92, indicating a potential downside of 2.76%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, equities analysts clearly believe Royal Bank of Canada is more favorable than Toronto-Dominion Bank.
In the previous week, Royal Bank of Canada had 17 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 41 mentions for Royal Bank of Canada and 24 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.78 beat Royal Bank of Canada's score of 0.70 indicating that Toronto-Dominion Bank is being referred to more favorably in the news media.
Royal Bank of Canada has a beta of 1.124774, suggesting that its stock price is 12% more volatile than the S&P 500. Comparatively, Toronto-Dominion Bank has a beta of 0.86376, suggesting that its stock price is 14% less volatile than the S&P 500.
Royal Bank of Canada pays an annual dividend of C$5.92 per share and has a dividend yield of 3.0%. Toronto-Dominion Bank pays an annual dividend of C$4.17 per share and has a dividend yield of 4.1%. Royal Bank of Canada pays out 44.8% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 35.7% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.
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.
Royal Bank of Canada has higher revenue and earnings than Toronto-Dominion Bank. Toronto-Dominion Bank is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.
Summary
Royal Bank of Canada beats Toronto-Dominion Bank on 14 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 RY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Royal Bank of Canada Competitors List
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This page (TSE:RY) was last updated on 9/2/2025 by MarketBeat.com Staff
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