TD vs. BMO, BNS, CM, RY, TRI, MFC, SLF, NA, CWB, 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), Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), Royal Bank of Canada (RY), Thomson Reuters (TRI), Manulife Financial (MFC), Sun Life Financial (SLF), National Bank of Canada (NA), Canadian Western Bank (CWB), and Intact Financial (IFC). These companies are all part of the "finance" sector.
Toronto-Dominion Bank vs.
Toronto-Dominion Bank (TSE:TD) and Bank of Montreal (TSE:BMO) are both large-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, media sentiment, community ranking, risk, institutional ownership, earnings, dividends and analyst recommendations.
In the previous week, Toronto-Dominion Bank had 6 more articles in the media than Bank of Montreal. MarketBeat recorded 9 mentions for Toronto-Dominion Bank and 3 mentions for Bank of Montreal. Bank of Montreal's average media sentiment score of 0.60 beat Toronto-Dominion Bank's score of -0.07 indicating that Bank of Montreal is being referred to more favorably in the news media.
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.
Bank of Montreal has a net margin of 40.56% compared to Toronto-Dominion Bank's net margin of 31.78%. Bank of Montreal's return on equity of 21.06% beat Toronto-Dominion Bank's return on equity.
Toronto-Dominion Bank has a beta of 0.83, indicating that its stock price is 17% less volatile than the S&P 500. Comparatively, Bank of Montreal has a beta of 1.13, indicating that its stock price is 13% more volatile than the S&P 500.
Toronto-Dominion Bank presently has a consensus target price of C$100.38, indicating a potential upside of 29.33%. Bank of Montreal has a consensus target price of C$149.16, indicating a potential upside of 28.58%. Given Toronto-Dominion Bank's stronger consensus rating and higher possible upside, analysts clearly believe Toronto-Dominion Bank is more favorable than Bank of Montreal.
58.4% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 54.5% 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, large money managers and endowments believe a company will outperform the market over the long term.
Toronto-Dominion Bank pays an annual dividend of C$3.84 per share and has a dividend yield of 4.9%. Bank of Montreal pays an annual dividend of C$5.72 per share and has a dividend yield of 4.9%. Toronto-Dominion Bank pays out 47.3% of its earnings in the form of a dividend. Bank of Montreal pays out 28.6% 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.
Bank of Montreal received 76 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. However, 56.47% of users gave Toronto-Dominion Bank an outperform vote while only 52.83% of users gave Bank of Montreal an outperform vote.
Summary
Toronto-Dominion Bank beats Bank of Montreal on 11 of the 19 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.
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.
Toronto-Dominion Bank Competitors List
