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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$154.92 -1.26 (-0.81%)
As of 12:40 PM Eastern

TD vs. RY, BMO, BNS, FFH, and HUT

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 Royal Bank of Canada (RY), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Fairfax Financial (FFH), and Hut 8 (HUT). These companies are all part of the "banking" industry.

How does Toronto-Dominion Bank compare to Royal Bank of Canada?

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

Toronto-Dominion Bank pays an annual dividend of C$4.23 per share and has a dividend yield of 2.7%. Royal Bank of Canada pays an annual dividend of C$6.20 per share and has a dividend yield of 2.4%. Toronto-Dominion Bank pays out 34.3% of its earnings in the form of a dividend. Royal Bank of Canada pays out 42.6% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Toronto-Dominion Bank has a beta of 0.918491, indicating that its stock price is 8% less volatile than the broader market. Comparatively, Royal Bank of Canada has a beta of 1.143972, indicating that its stock price is 14% more volatile than the broader market.

32.7% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 30.8% 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.

Royal Bank of Canada has a net margin of 20.88% compared to Toronto-Dominion Bank's net margin of 19.11%. Toronto-Dominion Bank's return on equity of 17.26% beat Royal Bank of Canada's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank19.11% 17.26% 0.43%
Royal Bank of Canada 20.88%15.37%0.80%

Toronto-Dominion Bank currently has a consensus price target of C$144.96, suggesting a potential downside of 6.77%. Royal Bank of Canada has a consensus price target of C$253.19, suggesting a potential downside of 2.14%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts plainly believe Royal Bank of Canada is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83

In the previous week, Royal Bank of Canada had 11 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 18 mentions for Royal Bank of Canada and 7 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.59 beat Royal Bank of Canada's score of -0.21 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
0 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
1 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Toronto-Dominion BankC$62.88B4.13C$8.88BC$12.3512.59
Royal Bank of CanadaC$67.74B5.31C$16.24BC$14.5617.77

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 13 of the 19 factors compared between the two stocks.

How does Toronto-Dominion Bank compare to Bank of Montreal?

Toronto-Dominion Bank (TSE:TD) and Bank of Montreal (TSE:BMO) 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 institutional ownership, media sentiment, risk, dividends, profitability, analyst recommendations, earnings and valuation.

Toronto-Dominion Bank has a beta of 0.918491, meaning that its share price is 8% less volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.248765, meaning that its share price is 25% more volatile than the broader market.

Toronto-Dominion Bank pays an annual dividend of C$4.23 per share and has a dividend yield of 2.7%. Bank of Montreal pays an annual dividend of C$6.52 per share and has a dividend yield of 2.9%. Toronto-Dominion Bank pays out 34.3% of its earnings in the form of a dividend. Bank of Montreal pays out 54.3% 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 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
Toronto-Dominion BankC$62.88B4.13C$8.88BC$12.3512.59
Bank of MontrealC$36.68B4.27C$7.28BC$12.0018.52

In the previous week, Bank of Montreal had 20 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 27 mentions for Bank of Montreal and 7 mentions for Toronto-Dominion Bank. Bank of Montreal's average media sentiment score of 0.62 beat Toronto-Dominion Bank's score of 0.59 indicating that Bank of Montreal is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto-Dominion Bank
0 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Montreal
4 Very Positive mention(s)
5 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Toronto-Dominion Bank has a net margin of 19.11% compared to Bank of Montreal's net margin of 12.63%. Toronto-Dominion Bank's return on equity of 17.26% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank19.11% 17.26% 0.43%
Bank of Montreal 12.63%11.25%0.50%

32.7% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 29.5% of Bank of Montreal shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by insiders. Comparatively, 0.0% of Bank of Montreal shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Toronto-Dominion Bank presently has a consensus price target of C$144.96, suggesting a potential downside of 6.77%. Bank of Montreal has a consensus price target of C$221.04, suggesting a potential downside of 0.55%. Given Bank of Montreal's higher possible upside, analysts plainly believe Bank of Montreal is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36

Summary

Toronto-Dominion Bank beats Bank of Montreal on 10 of the 18 factors compared between the two stocks.

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

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

32.7% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 27.0% of Bank of Nova Scotia shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by insiders. Comparatively, 0.0% of Bank of Nova Scotia shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

In the previous week, Bank of Nova Scotia had 10 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 17 mentions for Bank of Nova Scotia and 7 mentions for Toronto-Dominion Bank. Bank of Nova Scotia's average media sentiment score of 0.70 beat Toronto-Dominion Bank's score of 0.59 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto-Dominion Bank
0 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
2 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Toronto-Dominion Bank has a beta of 0.918491, suggesting that its stock price is 8% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.226256, suggesting that its stock price is 23% more volatile than the broader market.

Toronto-Dominion Bank presently has a consensus price target of C$144.96, indicating a potential downside of 6.77%. Bank of Nova Scotia has a consensus price target of C$110.54, indicating a potential upside of 0.87%. Given Bank of Nova Scotia's higher possible upside, analysts clearly believe Bank of Nova Scotia is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
Bank of Nova Scotia
0 Sell rating(s)
9 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.10

Toronto-Dominion Bank has a net margin of 19.11% compared to Bank of Nova Scotia's net margin of 15.64%. Toronto-Dominion Bank's return on equity of 17.26% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank19.11% 17.26% 0.43%
Bank of Nova Scotia 15.64%11.06%0.55%

Toronto-Dominion Bank pays an annual dividend of C$4.23 per share and has a dividend yield of 2.7%. Bank of Nova Scotia pays an annual dividend of C$4.36 per share and has a dividend yield of 4.0%. Toronto-Dominion Bank pays out 34.3% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 64.7% 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 has higher revenue and earnings than Bank of Nova Scotia. Toronto-Dominion Bank is trading at a lower price-to-earnings ratio than Bank of Nova Scotia, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Toronto-Dominion BankC$62.88B4.13C$8.88BC$12.3512.59
Bank of Nova ScotiaC$37.72B3.58C$7.73BC$6.7416.26

Summary

Toronto-Dominion Bank beats Bank of Nova Scotia on 11 of the 18 factors compared between the two stocks.

How does Toronto-Dominion Bank compare to Fairfax Financial?

Fairfax Financial (TSE:FFH) and Toronto-Dominion Bank (TSE:TD) are both large-cap financial services companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, valuation, earnings, profitability and media sentiment.

Fairfax Financial currently has a consensus target price of C$2,793.50, suggesting a potential upside of 30.02%. Toronto-Dominion Bank has a consensus target price of C$144.96, suggesting a potential downside of 6.77%. Given Fairfax Financial's higher probable upside, equities analysts clearly believe Fairfax Financial is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fairfax Financial
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60

Toronto-Dominion Bank has a net margin of 19.11% compared to Fairfax Financial's net margin of 15.41%. Fairfax Financial's return on equity of 17.32% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Fairfax Financial15.41% 17.32% 4.27%
Toronto-Dominion Bank 19.11%17.26%0.43%

Fairfax Financial has a beta of 0.335839, meaning that its stock price is 66% less volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.918491, meaning that its stock price is 8% less volatile than the broader market.

33.7% of Fairfax Financial shares are held by institutional investors. Comparatively, 32.7% of Toronto-Dominion Bank shares are held by institutional investors. 3.8% of Fairfax Financial shares are held by insiders. Comparatively, 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 stock is poised for long-term growth.

Toronto-Dominion Bank has higher revenue and earnings than Fairfax Financial. Fairfax Financial 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
Fairfax FinancialC$29.34B1.57C$2.94BC$202.1910.63
Toronto-Dominion BankC$62.88B4.13C$8.88BC$12.3512.59

In the previous week, Toronto-Dominion Bank had 4 more articles in the media than Fairfax Financial. MarketBeat recorded 7 mentions for Toronto-Dominion Bank and 3 mentions for Fairfax Financial. Fairfax Financial's average media sentiment score of 0.61 beat Toronto-Dominion Bank's score of 0.59 indicating that Fairfax Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fairfax Financial
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto-Dominion Bank
0 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Fairfax Financial pays an annual dividend of C$15.00 per share and has a dividend yield of 0.7%. Toronto-Dominion Bank pays an annual dividend of C$4.23 per share and has a dividend yield of 2.7%. Fairfax Financial pays out 7.4% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 34.3% 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.

Summary

Toronto-Dominion Bank beats Fairfax Financial on 10 of the 18 factors compared between the two stocks.

How does Toronto-Dominion Bank compare to Hut 8?

Toronto-Dominion Bank (TSE:TD) and Hut 8 (TSE:HUT) are both large-cap financial services companies, but which is the better business? We will compare the two companies based on the strength of their earnings, valuation, risk, institutional ownership, dividends, profitability, media sentiment and analyst recommendations.

Toronto-Dominion Bank has a net margin of 19.11% compared to Hut 8's net margin of -109.77%. Toronto-Dominion Bank's return on equity of 17.26% beat Hut 8's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank19.11% 17.26% 0.43%
Hut 8 -109.77%-20.57%-4.25%

Toronto-Dominion Bank presently has a consensus price target of C$144.96, suggesting a potential downside of 6.77%. Given Toronto-Dominion Bank's higher possible upside, analysts plainly believe Toronto-Dominion Bank is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
Hut 8
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
3 Strong Buy rating(s)
3.75

In the previous week, Toronto-Dominion Bank had 4 more articles in the media than Hut 8. MarketBeat recorded 7 mentions for Toronto-Dominion Bank and 3 mentions for Hut 8. Toronto-Dominion Bank's average media sentiment score of 0.59 beat Hut 8's score of 0.17 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
0 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hut 8
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Toronto-Dominion Bank has higher revenue and earnings than Hut 8. Hut 8 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 BankC$62.88B4.13C$8.88BC$12.3512.59
Hut 8C$284.32M67.90C$193.22M-C$2.82N/A

Toronto-Dominion Bank has a beta of 0.918491, suggesting that its share price is 8% less volatile than the broader market. Comparatively, Hut 8 has a beta of 4.581835, suggesting that its share price is 358% more volatile than the broader market.

32.7% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 37.7% of Hut 8 shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by company insiders. Comparatively, 60.2% of Hut 8 shares are owned 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.

Summary

Toronto-Dominion Bank beats Hut 8 on 11 of the 17 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 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$259.47BC$142.52BC$5.84BC$12.03B
Dividend Yield2.78%3.75%5.20%6.20%
P/E Ratio12.5917.5715.8537.71
Price / Sales4.1389.401,033.8811.09
Price / Cash0.291.2293.8682.29
Price / Book2.081.716.524.52
Net IncomeC$8.88BC$10.30BC$1.14BC$299.09M
7 Day Performance0.51%-1.35%0.89%1.04%
1 Month Performance8.78%1.88%3.01%2.82%
1 Year Performance63.80%43.58%20.45%53.95%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
2.0573 of 5 stars
C$154.92
-0.8%
C$144.96
-6.4%
+65.7%C$258.54BC$62.88B12.5493,700
RY
Royal Bank of Canada
1.7232 of 5 stars
C$264.15
+0.8%
C$253.19
-4.1%
+45.9%C$367.31BC$67.74B18.1491,400
BMO
Bank of Montreal
2.1182 of 5 stars
C$224.53
+0.9%
C$213.58
-4.9%
+51.7%C$158.28BC$36.68B18.7146,700
BNS
Bank of Nova Scotia
1.7804 of 5 stars
C$110.98
+0.6%
C$107.77
-2.9%
+52.5%C$136.66BC$37.72B16.4791,000
FFH
Fairfax Financial
3.9069 of 5 stars
C$2,250.09
+0.9%
C$2,793.50
+24.2%
-7.6%C$48.26BC$29.34B11.1319,300

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This page (TSE:TD) was last updated on 5/29/2026 by MarketBeat.com Staff.
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