S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning

Toronto-Dominion Bank (TD) Competitors

C$78.29
-0.77 (-0.97%)
(As of 04/12/2024 ET)

TD vs. BMO, RY, BNS, CM, NA, BN, MFC, SLF, GWO, and IFC

Should you be buying Toronto-Dominion Bank stock or one of its competitors? The main competitors of Toronto-Dominion Bank include Bank of Montreal (BMO), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), National Bank of Canada (NA), Brookfield (BN), Manulife Financial (MFC), Sun Life Financial (SLF), Great-West Lifeco (GWO), and Intact Financial (IFC). These companies are all part of the "financial services" sector.

Toronto-Dominion Bank vs.

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 compare the two businesses based on the strength of their earnings, community ranking, valuation, media sentiment, analyst recommendations, profitability, dividends, institutional ownership and risk.

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$50.40B2.75C$11.47BC$6.3312.37
Bank of MontrealC$31.18B2.98C$5.19BC$7.2717.63

58.9% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 53.7% of Bank of Montreal shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by company insiders. Comparatively, 0.0% of Bank of Montreal shares are owned by company 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 Montreal received 82 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. However, 55.13% of users gave Toronto-Dominion Bank an outperform vote while only 52.67% of users gave Bank of Montreal an outperform vote.

CompanyUnderperformOutperform
Toronto-Dominion BankOutperform Votes
559
55.13%
Underperform Votes
455
44.87%
Bank of MontrealOutperform Votes
641
52.67%
Underperform Votes
576
47.33%

Toronto-Dominion Bank has a beta of 0.83, suggesting that its share price is 17% less volatile than the S&P 500. Comparatively, Bank of Montreal has a beta of 1.18, suggesting that its share price is 18% more volatile than the S&P 500.

Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 5.2%. Bank of Montreal pays an annual dividend of C$6.04 per share and has a dividend yield of 4.7%. Toronto-Dominion Bank pays out 64.5% of its earnings in the form of a dividend. Bank of Montreal pays out 83.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Toronto-Dominion Bank is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Bank of Montreal had 5 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 8 mentions for Bank of Montreal and 3 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.78 beat Bank of Montreal's score of 0.61 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
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Montreal
4 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Toronto-Dominion Bank currently has a consensus target price of C$90.55, suggesting a potential upside of 15.66%. Bank of Montreal has a consensus target price of C$132.39, suggesting a potential upside of 3.31%. Given Toronto-Dominion Bank's higher probable upside, equities research 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
Toronto-Dominion Bank
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Bank of Montreal
0 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.93

Toronto-Dominion Bank has a net margin of 23.86% compared to Bank of Montreal's net margin of 17.71%. Toronto-Dominion Bank's return on equity of 10.72% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank23.86% 10.72% 0.63%
Bank of Montreal 17.71%7.28%0.45%

Summary

Toronto-Dominion Bank beats Bank of Montreal on 12 of the 20 factors compared between the two stocks.

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$138.57BC$75.60BC$2.91BC$5.30B
Dividend Yield5.03%4.92%4.64%5.51%
P/E Ratio12.37171.99375.5224.24
Price / Sales2.7593.862,840.511,264.80
Price / Cash0.290.1748.8679.53
Price / Book1.291.211.593.14
Net IncomeC$11.47BC$8.07BC$327.90MC$298.22M
7 Day Performance-2.90%-1.55%-0.28%-0.49%
1 Month Performance-4.43%4.13%6.40%15.80%
1 Year Performance-3.19%12.84%7.76%18.47%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BMO
Bank of Montreal
2.898 of 5 stars
C$132.05
+0.9%
C$132.39
+0.3%
+5.9%C$95.79BC$31.18B18.1655,767Dividend Announcement
RY
Royal Bank of Canada
0.582 of 5 stars
C$139.11
+1.7%
C$137.65
-1.0%
+2.9%C$196.15BC$53.51B12.9390,166Dividend Announcement
BNS
Bank of Nova Scotia
1.073 of 5 stars
C$67.94
+0.4%
C$66.97
-1.4%
-2.4%C$82.89BC$29.40B11.1289,249
CM
Canadian Imperial Bank of Commerce
1.2015 of 5 stars
C$67.55
+0.8%
C$65.81
-2.6%
+14.7%C$63.31BC$21.32B10.3348,047News Coverage
NA
National Bank of Canada
1.3047 of 5 stars
C$112.82
+0.3%
C$108.00
-4.3%
+14.3%C$38.27BC$9.89B11.8828,730
BN
Brookfield
0.5028 of 5 stars
C$54.79
+0.8%
C$44.00
-19.7%
+25.7%C$82.73BC$97.99B66.01240,000
MFC
Manulife Financial
2.7515 of 5 stars
C$33.13
+0.7%
C$35.80
+8.1%
+25.7%C$59.97BC$27.25B12.6938,000News Coverage
SLF
Sun Life Financial
2.3015 of 5 stars
C$72.59
+0.8%
C$76.50
+5.4%
+9.7%C$42.37BC$30.85B13.8030,941Analyst Report
GWO
Great-West Lifeco
1.862 of 5 stars
C$42.41
+0.5%
C$42.78
+0.9%
+8.4%C$39.54BC$36.05B14.4733,500Analyst Report
Analyst Revision
News Coverage
IFC
Intact Financial
1.829 of 5 stars
C$220.16
+1.0%
C$236.40
+7.4%
+10.4%C$39.26BC$28.65B31.5030,000News Coverage

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This page (TSE:TD) was last updated on 4/13/2024 by MarketBeat.com Staff

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