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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$87.41 -0.68 (-0.77%)
As of 04:17 PM Eastern

TD vs. RY, BMO, BNS, FFH, KEY, BNC, BLX, SII, HUT, and VBNK

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), Sprott (SII), Hut 8 (HUT), and VersaBank (VBNK). These companies are all part of the "banking" industry.

Toronto-Dominion Bank vs.

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

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
Royal Bank of CanadaC$57.52B4.07C$16.24BC$11.4814.42
Toronto-Dominion BankC$56.16B2.75C$8.88BC$5.0517.45

Royal Bank of Canada received 184 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.28% of users gave Royal Bank of Canada an outperform vote while only 53.50% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Royal Bank of CanadaOutperform Votes
757
58.28%
Underperform Votes
542
41.72%
Toronto-Dominion BankOutperform Votes
573
53.50%
Underperform Votes
498
46.50%

52.5% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 58.1% 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 will outperform the market over the long term.

Royal Bank of Canada has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500. Comparatively, Toronto-Dominion Bank has a beta of 0.82, suggesting that its share price is 18% less volatile than the S&P 500.

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Royal Bank of Canada. MarketBeat recorded 5 mentions for Toronto-Dominion Bank and 4 mentions for Royal Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.31 beat Royal Bank of Canada's score of -0.31 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
Royal Bank of Canada
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral

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
Royal Bank of Canada28.23% 13.27% 0.80%
Toronto-Dominion Bank 15.80%7.84%0.43%

Royal Bank of Canada presently has a consensus target price of C$180.00, indicating a potential upside of 8.78%. Toronto-Dominion Bank has a consensus target price of C$88.75, indicating a potential upside of 0.75%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts clearly believe Royal Bank of Canada is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
4 Strong Buy rating(s)
3.27
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 pays an annual dividend of C$5.68 per share and has a dividend yield of 3.4%. Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 4.6%. Royal Bank of Canada pays out 49.5% of its earnings in the form of a dividend. 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.

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$154.54BC$95.81BC$3.85BC$5.65B
Dividend Yield4.82%3.77%4.21%6.84%
P/E Ratio17.4513.3413.0829.27
Price / Sales2.7572.941,678.14568.85
Price / Cash0.290.1750.4983.07
Price / Book1.341.083.413.72
Net IncomeC$8.88BC$9.45BC$1.25BC$300.39M
7 Day Performance2.19%1.03%1.22%0.29%
1 Month Performance3.77%-0.18%13.11%-0.19%
1 Year Performance9.08%42.27%12.94%14.06%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
0.9064 of 5 stars
C$87.41
-0.8%
C$88.75
+1.5%
+7.9%C$153.35BC$56.16B17.3293,700News Coverage
RY
Royal Bank of Canada
1.7125 of 5 stars
C$163.81
+0.3%
C$180.00
+9.9%
+24.2%C$231.79BC$57.52B14.2791,400Dividend Announcement
BMO
Bank of Montreal
2.5666 of 5 stars
C$132.73
+0.8%
C$144.85
+9.1%
+7.4%C$96.14BC$53.67B13.1046,700Dividend Announcement
BNS
Bank of Nova Scotia
1.58 of 5 stars
C$68.04
+0.6%
C$75.45
+10.9%
+9.2%C$83.38BC$43.73B10.7591,000
FFH
Fairfax Financial
2.0575 of 5 stars
C$2,124.27
+0.1%
C$2,239.29
+5.4%
+43.8%C$34.07BC$21.14B8.1319,300Analyst Forecast
News Coverage
KEY
Keyera
0.6815 of 5 stars
C$42.87
+0.6%
C$44.69
+4.3%
+21.1%C$9.87BC$7.53B22.1017,500Analyst Revision
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$26.97
+0.6%
N/A+9.7%C$8.19BN/A0.00206,500
BLX
Boralex
2.6045 of 5 stars
C$31.20
-0.7%
C$40.25
+29.0%
+10.8%C$3.25BC$952.11M45.74180Analyst Revision
News Coverage
SII
Sprott
0.4945 of 5 stars
C$72.58
+0.2%
C$69.75
-3.9%
+34.2%C$1.30BC$114.38M28.28170
HUT
Hut 8
N/AC$17.83
-4.0%
N/A+56.8%C$1.19BC$142.55M4.36219Gap Up
VBNK
VersaBank
1.0111 of 5 stars
C$15.30
+1.3%
C$17.00
+11.1%
+12.3%C$495.12MC$248.46M9.95100Gap Up

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This page (TSE:TD) was last updated on 5/1/2025 by MarketBeat.com Staff
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