Free Trial

Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$100.69 -0.29 (-0.29%)
As of 07/11/2025 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

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

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

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 an annual dividend of C$4.08 per share and has a dividend yield of 4.1%. Royal Bank of Canada pays out 49.5% of its earnings in the form of a dividend. 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 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$57.52B4.44C$16.24BC$11.4815.72
Toronto-Dominion BankC$56.16B3.15C$8.88BC$5.0519.95

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Royal Bank of Canada. MarketBeat recorded 4 mentions for Toronto-Dominion Bank and 3 mentions for Royal Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.50 beat Royal Bank of Canada's score of 0.33 indicating that Toronto-Dominion Bank is being referred to more favorably in the news media.

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

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
Royal Bank of Canada28.23% 13.27% 0.80%
Toronto-Dominion Bank 15.80%7.84%0.43%

52.5% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 58.1% of Toronto-Dominion Bank shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Royal Bank of Canada presently has a consensus target price of C$184.54, indicating a potential upside of 2.31%. Toronto-Dominion Bank has a consensus target price of C$90.85, indicating a potential downside of 9.78%. Given Royal Bank of Canada's stronger consensus rating and higher probable 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
Royal Bank of Canada
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
3 Strong Buy rating(s)
3.09
Toronto-Dominion Bank
1 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.27

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 13 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.

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 IndustryFinancial SectorTSE Exchange
Market CapC$176.65BC$118.51BC$6.14BC$6.20B
Dividend Yield4.82%3.91%4.21%6.72%
P/E Ratio19.9514.9113.2850.47
Price / Sales3.1566.001,742.081,211.67
Price / Cash0.291.13128.0783.29
Price / Book1.531.251.914.70
Net IncomeC$8.88BC$10.16BC$1.23BC$301.20M
7 Day Performance-0.98%1.06%11.20%1.03%
1 Month Performance4.55%7.17%6.89%4.02%
1 Year Performance30.14%36.53%17.54%25.97%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
0.9215 of 5 stars
C$100.69
-0.3%
C$90.85
-9.8%
+31.2%C$176.65BC$56.16B19.9593,700Dividend Announcement
RY
Royal Bank of Canada
1.9362 of 5 stars
C$180.07
+0.3%
C$184.54
+2.5%
+20.0%C$254.80BC$57.52B15.6991,400Dividend Increase
BMO
Bank of Montreal
2.702 of 5 stars
C$152.85
-0.6%
C$145.69
-4.7%
+33.2%C$110.71BC$53.67B15.0946,700Dividend Increase
BNS
Bank of Nova Scotia
2.013 of 5 stars
C$74.87
-0.1%
C$77.31
+3.3%
+16.9%C$91.75BC$43.73B11.8391,000News Coverage
FFH
Fairfax Financial
1.9084 of 5 stars
C$2,465.35
+1.4%
C$2,578.57
+4.6%
+56.5%C$39.54BC$21.14B9.4419,300Analyst Forecast
Analyst Revision
KEY
Keyera
2.7897 of 5 stars
C$42.52
-1.1%
C$51.27
+20.6%
+13.1%C$9.79BC$7.53B21.9117,500News Coverage
Gap Down
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$29.35
+0.6%
N/A+16.8%C$8.91BN/A0.00206,500
BLX
Boralex
2.9705 of 5 stars
C$32.63
-0.9%
C$39.22
+20.2%
-10.7%C$3.40BC$952.11M47.84180
HUT
Hut 8
N/AC$28.82
-1.5%
N/A+46.8%C$1.92BC$142.55M7.05219Analyst Revision
SII
Sprott
0.4399 of 5 stars
C$95.92
+1.4%
C$83.00
-13.5%
+55.4%C$1.71BC$114.38M37.38170
WFC
Wall Financial
N/AC$17.00
-2.9%
N/A-12.8%C$545.63MC$193.65M21.97238,000

Related Companies and Tools


This page (TSE:TD) was last updated on 7/12/2025 by MarketBeat.com Staff
From Our Partners