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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$174.79 +1.98 (+1.15%)
As of 03:29 PM Eastern

TD vs. RY, BMO, BNS, FFH, and HUT

Should you buy Toronto-Dominion Bank stock or one of its competitors? MarketBeat compares Toronto-Dominion Bank with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Toronto-Dominion Bank include Royal Bank of Canada (RY), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Fairfax Financial (FFH), and Hut 8 (HUT). These companies are all part of the "banking" 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 financial services companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, media sentiment, earnings, risk and analyst recommendations.

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$69.51B6.10C$16.24BC$15.3819.83
Toronto-Dominion BankC$63.78B4.53C$8.88BC$8.5220.52

Royal Bank of Canada has a beta of 1.053282, indicating that its share price is 5% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.885819, indicating that its share price is 11% less volatile than the broader market.

In the previous week, Royal Bank of Canada had 5 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 6 mentions for Royal Bank of Canada and 1 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.50 beat Royal Bank of Canada's score of 0.47 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)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

30.9% 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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.

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$262.96, indicating a potential downside of 13.76%. Toronto-Dominion Bank has a consensus target price of C$151.42, indicating a potential downside of 13.37%. Given Toronto-Dominion Bank's higher possible upside, analysts plainly believe Toronto-Dominion Bank is more favorable than Royal Bank of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60

Royal Bank of Canada pays an annual dividend of C$6.36 per share and has a dividend yield of 2.1%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.4%. 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.

Summary

Royal Bank of Canada beats Toronto-Dominion Bank on 13 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 financial services companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, dividends, institutional ownership, media sentiment, risk and profitability.

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$63.78B4.53C$8.88BC$8.5220.52
Bank of MontrealC$37.54B4.83C$7.28BC$13.0219.74

Toronto-Dominion Bank presently has a consensus price target of C$151.42, indicating a potential downside of 13.37%. Bank of Montreal has a consensus price target of C$226.46, indicating a potential downside of 11.88%. 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)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
Bank of Montreal
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.45

In the previous week, Bank of Montreal had 6 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 7 mentions for Bank of Montreal and 1 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.50 beat Bank of Montreal's score of 0.48 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
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Montreal
1 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Toronto-Dominion Bank has a beta of 0.885819, suggesting that its stock price is 11% less volatile than the broader market. Comparatively, Bank of Montreal has a beta of 1.216569, suggesting that its stock price is 22% more volatile than the broader market.

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%

33.0% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 30.7% 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 large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.4%. Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.6%. 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.

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 Bank of Nova Scotia?

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

In the previous week, Bank of Nova Scotia had 2 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 3 mentions for Bank of Nova Scotia and 1 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.50 beat Bank of Nova Scotia's score of 0.47 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
Bank of Nova Scotia
1 Very Positive mention(s)
0 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)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank of Nova Scotia has a beta of 1.289782, indicating that its stock price is 29% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.885819, indicating that its stock price is 11% less volatile than the broader market.

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$38.40B4.03C$7.73BC$7.2517.42
Toronto-Dominion BankC$63.78B4.53C$8.88BC$8.5220.52

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 2.4%. 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.

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%

27.6% 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 insiders. Comparatively, 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 stock will outperform the market over the long term.

Bank of Nova Scotia presently has a consensus target price of C$111.54, indicating a potential downside of 11.69%. Toronto-Dominion Bank has a consensus target price of C$151.42, indicating a potential downside of 13.37%. Given Bank of Nova Scotia's higher possible upside, research analysts clearly believe Bank of Nova Scotia is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Nova Scotia
0 Sell rating(s)
9 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.10
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60

Summary

Toronto-Dominion Bank beats Bank of Nova Scotia on 12 of the 18 factors compared between the two stocks.

How does Toronto-Dominion Bank compare to Fairfax Financial?

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

Fairfax Financial pays an annual dividend of C$15.00 per share and has a dividend yield of 0.6%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.4%. Fairfax Financial pays out 7.4% 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.

Fairfax Financial presently has a consensus price target of C$2,730.14, indicating a potential upside of 17.84%. Toronto-Dominion Bank has a consensus price target of C$151.42, indicating a potential downside of 13.37%. Given Fairfax Financial's higher possible upside, equities research analysts plainly believe Fairfax Financial is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fairfax Financial
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60

34.5% of Fairfax Financial shares are owned by institutional investors. Comparatively, 33.0% of Toronto-Dominion Bank shares are owned by institutional investors. 3.8% of Fairfax Financial 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 endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Fairfax Financial had 1 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 2 mentions for Fairfax Financial and 1 mentions for Toronto-Dominion Bank. Fairfax Financial's average media sentiment score of 0.62 beat Toronto-Dominion Bank's score of 0.50 indicating that Fairfax Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fairfax Financial
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto-Dominion Bank
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Fairfax Financial has a beta of 0.308821, meaning that its share price is 69% less volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.885819, meaning that its share price is 11% less volatile than the broader market.

Toronto-Dominion Bank has higher revenue and earnings than Fairfax Financial. Fairfax Financial 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
Fairfax FinancialC$29.34B1.63C$2.94BC$202.1911.46
Toronto-Dominion BankC$63.78B4.53C$8.88BC$8.5220.52

Fairfax Financial has a net margin of 15.41% compared to Toronto-Dominion Bank's net margin of 13.21%. Fairfax Financial's return on equity of 17.32% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Fairfax Financial15.41% 17.32% 4.27%
Toronto-Dominion Bank 13.21%11.85%0.43%

Summary

Fairfax Financial beats Toronto-Dominion Bank on 10 of the 18 factors compared between the two stocks.

How does Toronto-Dominion Bank compare to Hut 8?

Toronto-Dominion Bank (TSE:TD) and Hut 8 (TSE:HUT) are both large-cap financial services companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, media sentiment, dividends, profitability, valuation and earnings.

Toronto-Dominion Bank has higher revenue and earnings than Hut 8. Hut 8 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$63.78B4.53C$8.88BC$8.5220.52
Hut 8C$284.32M57.05C$193.22M-C$2.82N/A

Toronto-Dominion Bank has a net margin of 13.21% compared to Hut 8's net margin of -109.77%. Toronto-Dominion Bank's return on equity of 11.85% beat Hut 8's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank13.21% 11.85% 0.43%
Hut 8 -109.77%-20.57%-4.25%

Toronto-Dominion Bank presently has a consensus target price of C$151.42, suggesting a potential downside of 13.37%. Given Toronto-Dominion Bank's higher probable upside, equities analysts plainly believe Toronto-Dominion Bank is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60
Hut 8
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
3.67

33.0% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 37.1% of Hut 8 shares are owned by institutional investors. 0.1% of Toronto-Dominion Bank shares are owned by insiders. Comparatively, 60.2% of Hut 8 shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Toronto-Dominion Bank has a beta of 0.885819, indicating that its stock price is 11% less volatile than the broader market. Comparatively, Hut 8 has a beta of 4.581835, indicating that its stock price is 358% more volatile than the broader market.

In the previous week, Hut 8 had 3 more articles in the media than Toronto-Dominion Bank. MarketBeat recorded 4 mentions for Hut 8 and 1 mentions for Toronto-Dominion Bank. Toronto-Dominion Bank's average media sentiment score of 0.50 beat Hut 8's score of 0.48 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
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hut 8
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Toronto-Dominion Bank beats Hut 8 on 10 of the 17 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$288.76BC$158.91BC$6.21BC$12.32B
Dividend Yield2.62%3.70%5.24%6.17%
P/E Ratio20.5219.7430.1236.24
Price / Sales4.5391.471,180.429.67
Price / Cash0.291.3588.6882.29
Price / Book2.331.917.154.46
Net IncomeC$8.88BC$10.30BC$1.13BC$299.09M
7 Day Performance4.13%2.00%0.96%0.33%
1 Month Performance6.40%3.29%0.74%-1.30%
1 Year Performance73.28%41.25%15.98%32.38%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
1.9671 of 5 stars
C$174.79
+1.1%
C$151.42
-13.4%
+70.3%C$288.76BC$63.78B20.5293,700
RY
Royal Bank of Canada
2.4727 of 5 stars
C$295.29
+1.7%
C$260.81
-11.7%
+66.6%C$410.35BC$69.51B19.2091,400
BMO
Bank of Montreal
2.4842 of 5 stars
C$250.15
+1.2%
C$224.54
-10.2%
+63.6%C$175.21BC$37.54B19.2146,700
BNS
Bank of Nova Scotia
1.786 of 5 stars
C$123.49
+0.9%
C$110.77
-10.3%
+67.5%C$151.41BC$38.40B17.0391,000
FFH
Fairfax Financial
3.1532 of 5 stars
C$2,437.34
+0.6%
C$2,730.14
+12.0%
-6.0%C$50.27BC$29.34B12.0519,300

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This page (TSE:TD) was last updated on 7/15/2026 by MarketBeat.com Staff.
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