Go Pro

Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$163.29 +1.87 (+1.16%)
As of 10:17 AM Eastern

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

Should you buy Toronto-Dominion Bank stock or one of its competitors? Toronto-Dominion Bank's main competitors and comparable companies include Royal Bank of Canada (RY), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), Bank of Nova Scotia (BNS), and National Bank of Canada (NA). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "diversified banks" industry.

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

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

Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.6%. Royal Bank of Canada pays out 41.4% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 50.0% 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.

Royal Bank of Canada has a net margin of 18.40% compared to Toronto-Dominion Bank's net margin of 13.21%. Royal Bank of Canada's return on equity of 15.95% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada18.40% 15.95% 0.80%
Toronto-Dominion Bank 13.21%11.85%0.43%

Royal Bank of Canada presently has a consensus target price of C$286.07, suggesting a potential upside of 0.65%. Toronto-Dominion Bank has a consensus target price of C$164.15, suggesting a potential upside of 0.53%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, research 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)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Toronto-Dominion Bank
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.55

In the previous week, Toronto-Dominion Bank had 3 more articles in the media than Royal Bank of Canada. MarketBeat recorded 15 mentions for Toronto-Dominion Bank and 12 mentions for Royal Bank of Canada. Royal Bank of Canada's average media sentiment score of 0.42 beat Toronto-Dominion Bank's score of 0.40 indicating that Royal Bank of Canada is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
2 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
1 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

30.8% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 33.0% 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Royal Bank of Canada has a beta of 1.052381, suggesting that its share price is 5% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.875794, suggesting that its share price is 12% less volatile than the broader market.

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$69.51B5.68C$16.24BC$15.3818.48
Toronto-Dominion BankC$63.78B4.23C$8.88BC$8.5219.17

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 14 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 finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, media sentiment, dividends, profitability and risk.

Toronto-Dominion Bank has higher revenue and earnings than Bank of Montreal. Bank of Montreal 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$63.78B4.23C$8.88BC$8.5219.17
Bank of MontrealC$37.54B4.42C$7.28BC$13.0218.18

Toronto-Dominion Bank has a net margin of 13.21% compared to Bank of Montreal's net margin of 12.63%. Toronto-Dominion Bank's return on equity of 11.85% beat Bank of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank13.21% 11.85% 0.43%
Bank of Montreal 12.63%11.25%0.50%

Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.6%. Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.8%. Toronto-Dominion Bank pays out 50.0% of its earnings in the form of a dividend. Bank of Montreal pays out 50.7% 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.

In the previous week, Bank of Montreal had 3 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 18 mentions for Bank of Montreal and 15 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.40 beat Bank of Montreal's score of 0.09 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
1 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bank of Montreal
3 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Toronto-Dominion Bank currently has a consensus price target of C$164.15, suggesting a potential upside of 0.53%. Bank of Montreal has a consensus price target of C$249.00, suggesting a potential upside of 5.17%. Given Bank of Montreal's higher possible upside, analysts clearly 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)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.55
Bank of Montreal
1 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.42

Toronto-Dominion Bank has a beta of 0.875794, meaning that its share price is 12% less volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.21817, meaning that its share price is 22% more volatile than the broader market.

33.0% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 30.6% of Bank of Montreal shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by insiders. Comparatively, 0.0% of Bank of Montreal shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

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

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

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

Canadian Imperial Bank of Commerce currently has a consensus price target of C$165.46, indicating a potential upside of 2.65%. Toronto-Dominion Bank has a consensus price target of C$164.15, indicating a potential upside of 0.53%. Given Canadian Imperial Bank of Commerce's higher possible upside, equities research 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)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.42
Toronto-Dominion Bank
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.55

Canadian Imperial Bank of Commerce has a net margin of 18.44% compared to Toronto-Dominion Bank's net margin of 13.21%. Canadian Imperial Bank of Commerce's return on equity of 15.24% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce18.44% 15.24% 0.69%
Toronto-Dominion Bank 13.21%11.85%0.43%

Canadian Imperial Bank of Commerce pays an annual dividend of C$4.08 per share and has a dividend yield of 2.5%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.6%. Canadian Imperial Bank of Commerce pays out 40.5% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 50.0% 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.

In the previous week, Toronto-Dominion Bank had 7 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 15 mentions for Toronto-Dominion Bank and 8 mentions for Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce's average media sentiment score of 0.40 beat Toronto-Dominion Bank's score of 0.40 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
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
1 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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 CommerceC$31.06B4.74C$7.07BC$10.0815.99
Toronto-Dominion BankC$63.78B4.23C$8.88BC$8.5219.17

30.1% of Canadian Imperial Bank of Commerce shares are owned by institutional investors. Comparatively, 33.0% of Toronto-Dominion Bank shares are owned by institutional investors. 0.0% of Canadian Imperial Bank of Commerce 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Canadian Imperial Bank of Commerce has a beta of 1.395418, suggesting that its stock price is 40% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.875794, suggesting that its stock price is 12% less volatile than the broader market.

Summary

Canadian Imperial Bank of Commerce and Toronto-Dominion Bank tied by winning 9 of the 18 factors compared between the two stocks.

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

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

Bank of Nova Scotia pays an annual dividend of C$4.40 per share and has a dividend yield of 3.5%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.6%. Bank of Nova Scotia pays out 60.7% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 50.0% 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. 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 ScotiaC$38.40B3.98C$7.73BC$7.2517.31
Toronto-Dominion BankC$63.78B4.23C$8.88BC$8.5219.17

27.9% of Bank of Nova Scotia shares are owned by institutional investors. Comparatively, 33.0% of Toronto-Dominion Bank shares are owned by institutional investors. 0.0% of Bank of Nova Scotia 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 large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Bank of Nova Scotia has a net margin of 15.64% compared to Toronto-Dominion Bank's net margin of 13.21%. Toronto-Dominion Bank's return on equity of 11.85% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia15.64% 11.06% 0.55%
Toronto-Dominion Bank 13.21%11.85%0.43%

Bank of Nova Scotia currently has a consensus price target of C$121.64, indicating a potential downside of 3.09%. Toronto-Dominion Bank has a consensus price target of C$164.15, indicating a potential upside of 0.53%. Given Toronto-Dominion Bank's stronger consensus rating and 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)
10 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.17
Toronto-Dominion Bank
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.55

Bank of Nova Scotia has a beta of 1.295029, indicating that its share price is 30% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.875794, indicating that its share price is 12% less volatile than the broader market.

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 15 mentions for Toronto-Dominion Bank and 14 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 0.47 beat Toronto-Dominion Bank's score of 0.40 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
1 Very Positive mention(s)
4 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
1 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Toronto-Dominion Bank beats Bank of Nova Scotia on 13 of the 18 factors compared between the two stocks.

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

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

In the previous week, Toronto-Dominion Bank had 5 more articles in the media than National Bank of Canada. MarketBeat recorded 15 mentions for Toronto-Dominion Bank and 10 mentions for National Bank of Canada. National Bank of Canada's average media sentiment score of 0.93 beat Toronto-Dominion Bank's score of 0.40 indicating that National 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
1 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
National Bank of Canada
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Toronto-Dominion Bank has a beta of 0.875794, meaning that its stock price is 12% less volatile than the broader market. Comparatively, National Bank of Canada has a beta of 1.34951, meaning that its stock price is 35% more volatile than the broader market.

Toronto-Dominion Bank has higher revenue and earnings than National Bank of Canada. Toronto-Dominion Bank is trading at a lower price-to-earnings ratio than National 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$63.78B4.23C$8.88BC$8.5219.17
National Bank of CanadaC$14.92B5.69C$4.38BC$11.3019.52

Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.6%. National Bank of Canada pays an annual dividend of C$4.84 per share and has a dividend yield of 2.2%. Toronto-Dominion Bank pays out 50.0% of its earnings in the form of a dividend. National Bank of Canada pays out 42.8% 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.

National Bank of Canada has a net margin of 16.87% compared to Toronto-Dominion Bank's net margin of 13.21%. National Bank of Canada's return on equity of 13.77% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank13.21% 11.85% 0.43%
National Bank of Canada 16.87%13.77%0.83%

33.0% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 36.2% of National Bank of Canada shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by insiders. Comparatively, 0.2% of National Bank of Canada shares are held 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 target price of C$164.15, suggesting a potential upside of 0.53%. National Bank of Canada has a consensus target price of C$211.63, suggesting a potential downside of 4.04%. Given Toronto-Dominion Bank's stronger consensus rating and higher probable upside, equities analysts plainly believe Toronto-Dominion Bank is more favorable than National Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.55
National Bank of Canada
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36

Summary

National Bank of Canada beats Toronto-Dominion Bank on 12 of the 19 factors compared between the two stocks.

Get Toronto-Dominion Bank News Delivered to You Automatically

Sign up to receive the latest news and ratings for TD and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

TD vs. The Competition

MetricToronto-Dominion BankBanks IndustryFinance SectorTSE Exchange
Market CapC$269.76BC$23.40BC$13.95BC$12.58B
Dividend Yield2.78%3.19%5.89%6.22%
P/E Ratio19.1727.5229.6239.02
Price / Sales4.239.56512.1110.13
Price / Cash0.2916.0930.7182.29
Price / Book2.181.372.874.80
Net IncomeC$8.88BC$2.58BC$1.31BC$299.09M
7 Day Performance-3.73%-0.54%1.10%1.48%
1 Month Performance-3.38%1.55%2.72%5.25%
1 Year Performance59.65%23.45%11.45%34.72%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
2.2524 of 5 stars
C$163.29
+1.2%
C$164.15
+0.5%
+56.9%C$269.76BC$63.78B19.1793,700
RY
Royal Bank of Canada
2.1241 of 5 stars
C$300.09
-0.2%
C$278.23
-7.3%
+48.2%C$417.02BC$69.51B19.5191,400
BMO
Bank of Montreal
3.3713 of 5 stars
C$257.05
-0.3%
C$239.75
-6.7%
+50.4%C$180.04BC$37.54B19.7446,700
CM
Canadian Imperial Bank of Commerce
2.3552 of 5 stars
C$171.36
-0.2%
C$160.95
-6.1%
+57.3%C$156.42BC$31.06B17.0048,552
BNS
Bank of Nova Scotia
1.9854 of 5 stars
C$126.70
-0.2%
C$117.00
-7.7%
+50.9%C$154.46BC$38.40B17.4891,000

Related Companies and Tools


This page (TSE:TD) was last updated on 8/25/2026 by MarketBeat.com Staff.
From Our Partners