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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$90.16 +0.33 (+0.37%)
As of 12:13 PM Eastern

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

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 Bitfarms (BITF). These companies are all part of the "banking" industry.

Toronto-Dominion Bank vs.

Toronto-Dominion Bank (TSE:TD) and Royal Bank of Canada (TSE:RY) 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 valuation, analyst recommendations, institutional ownership, media sentiment, profitability, community ranking, risk, earnings and dividends.

Royal Bank of Canada received 185 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 58.26% of users gave Royal Bank of Canada an outperform vote while only 53.45% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Toronto-Dominion BankOutperform Votes
573
53.45%
Underperform Votes
499
46.55%
Royal Bank of CanadaOutperform Votes
758
58.26%
Underperform Votes
543
41.74%

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 insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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

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$56.16B2.82C$8.88BC$5.0517.86
Royal Bank of CanadaC$57.52B4.35C$16.24BC$11.4815.42

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Royal Bank of Canada. MarketBeat recorded 8 mentions for Toronto-Dominion Bank and 7 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 0.13 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)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Toronto-Dominion Bank presently has a consensus price target of C$88.75, suggesting a potential downside of 1.56%. Royal Bank of Canada has a consensus price target of C$179.83, suggesting a potential upside of 1.59%. 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)
7 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.38
Royal Bank of Canada
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
5 Strong Buy rating(s)
3.36

Toronto-Dominion Bank pays an annual dividend of C$4.08 per share and has a dividend yield of 4.5%. Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.2%. 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.

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 15 of the 21 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 {thisCompany.Symbol} 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$158.18BC$102.73BC$5.34BC$5.99B
Dividend Yield4.82%3.77%4.18%6.32%
P/E Ratio17.8613.7912.8130.45
Price / Sales2.8279.171,753.22739.37
Price / Cash0.290.1749.7183.71
Price / Book1.371.161.354.01
Net IncomeC$8.88BC$9.45BC$1.22BC$301.32M
7 Day Performance1.16%2.67%7.46%1.10%
1 Month Performance7.36%10.35%18.41%8.22%
1 Year Performance15.66%44.07%13.35%30.25%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
0.9127 of 5 stars
C$90.16
+0.4%
C$88.75
-1.6%
+15.2%C$158.18BC$56.16B17.8693,700Analyst Revision
RY
Royal Bank of Canada
1.7112 of 5 stars
C$168.81
+0.7%
C$180.00
+6.6%
+21.0%C$238.87BC$57.52B14.7191,400
BMO
Bank of Montreal
2.4698 of 5 stars
C$142.11
+2.4%
C$144.85
+1.9%
+10.9%C$102.93BC$53.67B14.0346,700Analyst Revision
BNS
Bank of Nova Scotia
0.9279 of 5 stars
C$70.68
+0.9%
C$75.45
+6.8%
+9.2%C$86.61BC$43.73B11.1791,000Analyst Revision
FFH
Fairfax Financial
1.3621 of 5 stars
C$2,195.75
-0.2%
C$2,446.43
+11.4%
+45.4%C$35.22BC$21.14B8.4119,300
KEY
Keyera
0.936 of 5 stars
C$43.39
-0.7%
C$44.69
+3.0%
+17.0%C$9.99BC$7.53B22.3617,500
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$27.92
+0.9%
N/A+10.4%C$8.48BN/A0.00206,500
BLX
Boralex
2.6435 of 5 stars
C$31.64
+0.8%
C$40.25
+27.2%
-7.3%C$3.29BC$952.11M46.39180Trending News
Analyst Revision
HUT
Hut 8
N/AC$21.42
+10.7%
N/A+92.4%C$1.43BC$142.55M5.24219Positive News
SII
Sprott
0.8856 of 5 stars
C$74.91
-2.8%
C$77.00
+2.8%
+23.5%C$1.34BC$114.38M29.19170Dividend Announcement
High Trading Volume
BITF
Bitfarms
2.0097 of 5 stars
C$1.49
flat
C$3.75
+151.7%
-32.5%C$522.57MC$159.92M-3.35110Gap Up

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This page (TSE:TD) was last updated on 5/20/2025 by MarketBeat.com Staff
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