Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
C$169.33 +0.70 (+0.42%)
As of 06/19/2026 04:33 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 investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, profitability, dividends, risk, media sentiment and institutional ownership.

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Royal Bank of Canada. MarketBeat recorded 6 mentions for Toronto-Dominion Bank and 5 mentions for Royal Bank of Canada. Toronto-Dominion Bank's average media sentiment score of 0.52 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
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

31.0% of Royal Bank of Canada shares are held by institutional investors. Comparatively, 33.1% 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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

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$69.51B5.68C$16.24BC$15.3818.47
Toronto-Dominion BankC$63.78B4.39C$8.88BC$8.5219.87

Royal Bank of Canada presently has a consensus price target of C$260.81, indicating a potential downside of 8.19%. Toronto-Dominion Bank has a consensus price target of C$150.08, indicating a potential downside of 11.37%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, equities 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
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 has a beta of 1.084839, indicating that its share price is 8% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.922072, indicating that its share price is 8% less volatile than the broader market.

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 pays an annual dividend of C$6.36 per share and has a dividend yield of 2.2%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.5%. 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?

Bank of Montreal (TSE:BMO) and Toronto-Dominion Bank (TSE:TD) 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 analyst recommendations, earnings, profitability, risk, dividends, media sentiment, institutional ownership and valuation.

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Bank of Montreal. MarketBeat recorded 6 mentions for Toronto-Dominion Bank and 5 mentions for Bank of Montreal. Toronto-Dominion Bank's average media sentiment score of 0.52 beat Bank of Montreal's score of 0.45 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 Montreal
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank of Montreal has a beta of 1.258984, suggesting that its share price is 26% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.922072, suggesting that its share price is 8% less 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
Bank of Montreal12.63% 11.25% 0.50%
Toronto-Dominion Bank 13.21%11.85%0.43%

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
Bank of MontrealC$37.54B4.55C$7.28BC$13.0218.62
Toronto-Dominion BankC$63.78B4.39C$8.88BC$8.5219.87

30.7% of Bank of Montreal shares are held by institutional investors. Comparatively, 33.1% of Toronto-Dominion Bank shares are held by institutional investors. 0.0% of Bank of Montreal shares are held by company insiders. Comparatively, 0.1% of Toronto-Dominion Bank shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Bank of Montreal pays an annual dividend of C$6.60 per share and has a dividend yield of 2.7%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.5%. Bank of Montreal pays out 50.7% 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 Montreal presently has a consensus price target of C$224.54, indicating a potential downside of 7.38%. Toronto-Dominion Bank has a consensus price target of C$150.08, indicating a potential downside of 11.37%. Given Bank of Montreal's higher probable upside, equities research analysts plainly believe Bank of Montreal is more favorable than Toronto-Dominion Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Montreal
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.45
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 Montreal on 12 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 compare the two businesses based on the strength of their valuation, profitability, institutional ownership, analyst recommendations, risk, media sentiment, earnings and dividends.

Bank of Nova Scotia has a beta of 1.321602, suggesting that its share price is 32% more volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.922072, suggesting that its share price is 8% 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$38.40B3.94C$7.73BC$7.2517.03
Toronto-Dominion BankC$63.78B4.39C$8.88BC$8.5219.87

Bank of Nova Scotia pays an annual dividend of C$4.40 per share and has a dividend yield of 3.6%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.5%. 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.

27.5% of Bank of Nova Scotia shares are held by institutional investors. Comparatively, 33.1% of Toronto-Dominion Bank shares are held by institutional investors. 0.0% of Bank of Nova Scotia shares are held by company insiders. Comparatively, 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 stock will outperform the market over the long term.

In the previous week, Toronto-Dominion Bank had 4 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 6 mentions for Toronto-Dominion Bank and 2 mentions for Bank of Nova Scotia. Toronto-Dominion Bank's average media sentiment score of 0.52 beat Bank of Nova Scotia's score of 0.00 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
0 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
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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%

Bank of Nova Scotia currently has a consensus price target of C$110.77, suggesting a potential downside of 10.29%. Toronto-Dominion Bank has a consensus price target of C$150.08, suggesting a potential downside of 11.37%. Given Bank of Nova Scotia's higher possible upside, equities 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 13 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 compare the two businesses based on the strength of their risk, analyst recommendations, dividends, media sentiment, institutional ownership, profitability, valuation and earnings.

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$29.34B1.57C$2.94BC$202.1911.08
Toronto-Dominion BankC$63.78B4.39C$8.88BC$8.5219.87

Fairfax Financial has a beta of 0.356701, indicating that its stock price is 64% less volatile than the broader market. Comparatively, Toronto-Dominion Bank has a beta of 0.922072, indicating that its stock price is 8% less volatile than the broader market.

In the previous week, Toronto-Dominion Bank had 1 more articles in the media than Fairfax Financial. MarketBeat recorded 6 mentions for Toronto-Dominion Bank and 5 mentions for Fairfax Financial. Toronto-Dominion Bank's average media sentiment score of 0.52 beat Fairfax Financial's score of 0.12 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
Fairfax Financial
0 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toronto-Dominion Bank
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Fairfax Financial pays an annual dividend of C$15.00 per share and has a dividend yield of 0.7%. Toronto-Dominion Bank pays an annual dividend of C$4.26 per share and has a dividend yield of 2.5%. 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 currently has a consensus target price of C$2,793.50, suggesting a potential upside of 24.71%. Toronto-Dominion Bank has a consensus target price of C$150.08, suggesting a potential downside of 11.37%. Given Fairfax Financial's higher possible upside, equities 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)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Toronto-Dominion Bank
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.60

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%

34.4% of Fairfax Financial shares are held by institutional investors. Comparatively, 33.1% of Toronto-Dominion Bank shares are held by institutional investors. 3.8% of Fairfax Financial shares are held by insiders. Comparatively, 0.1% of Toronto-Dominion Bank shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Toronto-Dominion Bank beats Fairfax Financial 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 companies based on the strength of their analyst recommendations, profitability, risk, media sentiment, valuation, earnings, institutional ownership and dividends.

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$63.78B4.39C$8.88BC$8.5219.87
Hut 8C$284.32M68.76C$193.22M-C$2.82N/A

Toronto-Dominion Bank currently has a consensus target price of C$150.08, indicating a potential downside of 11.37%. Given Toronto-Dominion Bank's higher possible upside, 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

Toronto-Dominion Bank has a beta of 0.922072, suggesting that its share price is 8% less volatile than the broader market. Comparatively, Hut 8 has a beta of 4.581835, suggesting that its share price is 358% more volatile than the broader market.

In the previous week, Toronto-Dominion Bank had 5 more articles in the media than Hut 8. MarketBeat recorded 6 mentions for Toronto-Dominion Bank and 1 mentions for Hut 8. Toronto-Dominion Bank's average media sentiment score of 0.52 beat Hut 8's score of 0.00 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)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hut 8
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

33.1% of Toronto-Dominion Bank shares are owned by institutional investors. Comparatively, 37.2% 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, hedge funds and large money managers believe a stock will outperform the market over the long term.

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%

Summary

Toronto-Dominion Bank beats Hut 8 on 11 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$279.74BC$154.17BC$6.03BC$12.40B
Dividend Yield2.65%3.75%5.26%6.19%
P/E Ratio19.8720.9116.3935.97
Price / Sales4.3992.681,472.9710.78
Price / Cash0.291.3786.6782.29
Price / Book2.261.856.644.50
Net IncomeC$8.88BC$10.30BC$1.13BC$299.09M
7 Day Performance3.24%2.76%0.33%0.09%
1 Month Performance10.56%3.42%1.40%-0.20%
1 Year Performance73.87%49.21%21.02%41.57%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
2.1252 of 5 stars
C$169.33
+0.4%
C$150.08
-11.4%
+73.9%C$279.74BC$63.78B19.8793,700
RY
Royal Bank of Canada
1.6472 of 5 stars
C$278.46
-0.2%
C$260.42
-6.5%
+62.5%C$386.97BC$69.51B18.1191,400
BMO
Bank of Montreal
2.2295 of 5 stars
C$235.49
+0.1%
C$224.13
-4.8%
+67.6%C$166.00BC$37.54B18.0946,700
BNS
Bank of Nova Scotia
1.393 of 5 stars
C$118.38
+0.8%
C$110.77
-6.4%
+65.8%C$145.14BC$38.40B16.3391,000
FFH
Fairfax Financial
3.7217 of 5 stars
C$2,268.53
+0.2%
C$2,793.50
+23.1%
-7.7%C$46.79BC$29.34B11.2219,300

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This page (TSE:TD) was last updated on 6/21/2026 by MarketBeat.com Staff.
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