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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$101.01 -0.66 (-0.65%)
As of 04:00 PM Eastern

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

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

Toronto-Dominion Bank vs. Its Competitors

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

Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 4.0%. Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.1%. 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. Royal Bank of Canada pays out 49.5% of its earnings in the form of a dividend.

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
Toronto-Dominion Bank15.80% 7.84% 0.43%
Royal Bank of Canada 28.23%13.27%0.80%

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
Toronto-Dominion BankC$56.16B3.16C$8.88BC$5.0520.01
Royal Bank of CanadaC$57.52B4.48C$16.24BC$11.4815.87

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

Toronto-Dominion Bank presently has a consensus target price of C$90.85, indicating a potential downside of 10.06%. Royal Bank of Canada has a consensus target price of C$184.54, indicating a potential upside of 1.32%. 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
Toronto-Dominion Bank
1 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.27
Royal Bank of Canada
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
3 Strong Buy rating(s)
3.09

In the previous week, Royal Bank of Canada had 1 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 6 mentions for Royal Bank of Canada and 5 mentions for Toronto-Dominion Bank. Royal Bank of Canada's average media sentiment score of 0.81 beat Toronto-Dominion Bank's score of 0.73 indicating that Royal 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
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

58.1% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 52.5% of Royal Bank of Canada 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 endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 15 of the 19 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$177.21BC$120.78BC$6.38BC$6.26B
Dividend Yield4.82%3.90%4.20%6.72%
P/E Ratio20.0114.9814.0154.38
Price / Sales3.1667.141,728.501,113.49
Price / Cash0.291.20128.4883.29
Price / Book1.531.261.964.96
Net IncomeC$8.88BC$10.16BC$1.24BC$301.20M
7 Day Performance0.32%0.70%0.80%0.51%
1 Month Performance3.40%8.17%4.08%4.13%
1 Year Performance26.72%37.74%19.68%25.62%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
0.9511 of 5 stars
C$101.01
-0.6%
C$90.85
-10.1%
+27.1%C$177.21BC$56.16B20.0193,700News Coverage
RY
Royal Bank of Canada
2.1985 of 5 stars
C$180.07
+0.3%
C$184.54
+2.5%
+19.2%C$254.80BC$57.52B15.6991,400News Coverage
Dividend Increase
BMO
Bank of Montreal
2.0649 of 5 stars
C$152.85
-0.6%
C$145.69
-4.7%
+31.6%C$110.71BC$53.67B15.0946,700Dividend Increase
BNS
Bank of Nova Scotia
1.8208 of 5 stars
C$74.87
-0.1%
C$77.31
+3.3%
+16.7%C$91.75BC$43.73B11.8391,000
FFH
Fairfax Financial
1.6652 of 5 stars
C$2,465.35
+1.4%
C$2,578.57
+4.6%
+52.4%C$39.54BC$21.14B9.4419,300
KEY
Keyera
3.0213 of 5 stars
C$42.52
-1.1%
C$51.27
+20.6%
+16.2%C$9.79BC$7.53B21.9117,500
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$29.35
+0.6%
N/A+15.7%C$8.91BN/A0.00206,500
BLX
Boralex
2.3113 of 5 stars
C$32.63
-0.9%
C$39.22
+20.2%
-5.4%C$3.40BC$952.11M47.84180Analyst Downgrade
HUT
Hut 8
N/AC$28.82
-1.5%
N/A+12.5%C$1.92BC$142.55M7.05219
SII
Sprott
0.6914 of 5 stars
C$95.92
+1.4%
C$83.00
-13.5%
+62.7%C$1.71BC$114.38M37.38170
WFC
Wall Financial
N/AC$17.00
-2.9%
N/A-13.1%C$545.63MC$193.65M21.97238,000Gap Down

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This page (TSE:TD) was last updated on 7/18/2025 by MarketBeat.com Staff
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