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Toronto-Dominion Bank (TD) Competitors

Toronto-Dominion Bank logo
$55.29
-0.36 (-0.65%)
(As of 10/31/2024 ET)

TD vs. BAC, HSBC, RY, MUFG, C, HDB, IBN, UBS, SMFG, and SAN

Should you be buying Toronto-Dominion Bank stock or one of its competitors? The main competitors of Toronto-Dominion Bank include Bank of America (BAC), HSBC (HSBC), Royal Bank of Canada (RY), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), HDFC Bank (HDB), ICICI Bank (IBN), UBS Group (UBS), Sumitomo Mitsui Financial Group (SMFG), and Banco Santander (SAN). These companies are all part of the "banking" industry.

Toronto-Dominion Bank vs.

Bank of America (NYSE:BAC) and Toronto-Dominion Bank (NYSE:TD) are both large-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, media sentiment, risk, earnings, valuation, institutional ownership, community ranking and dividends.

Bank of America has a beta of 1.33, meaning that its stock price is 33% more volatile than the S&P 500. Comparatively, Toronto-Dominion Bank has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500.

Bank of America received 1472 more outperform votes than Toronto-Dominion Bank when rated by MarketBeat users. Likewise, 65.47% of users gave Bank of America an outperform vote while only 54.43% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Bank of AmericaOutperform Votes
2000
65.47%
Underperform Votes
1055
34.53%
Toronto-Dominion BankOutperform Votes
528
54.43%
Underperform Votes
442
45.57%

Bank of America has higher revenue and earnings than Toronto-Dominion Bank. Bank of America 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 America$171.91B1.91$26.52B$2.7515.36
Toronto-Dominion Bank$56.07B1.74$7.99B$3.1317.80

Bank of America currently has a consensus price target of $42.69, indicating a potential upside of 0.82%. Toronto-Dominion Bank has a consensus price target of $84.00, indicating a potential upside of 50.78%. Given Toronto-Dominion Bank's higher probable upside, analysts clearly believe Toronto-Dominion Bank is more favorable than Bank of America.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of America
1 Sell rating(s)
8 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.61
Toronto-Dominion Bank
0 Sell rating(s)
8 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.30

Bank of America pays an annual dividend of $1.04 per share and has a dividend yield of 2.5%. Toronto-Dominion Bank pays an annual dividend of $3.01 per share and has a dividend yield of 5.4%. Bank of America pays out 37.8% of its earnings in the form of a dividend. Toronto-Dominion Bank pays out 96.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Bank of America has raised its dividend for 11 consecutive years.

In the previous week, Toronto-Dominion Bank had 10 more articles in the media than Bank of America. MarketBeat recorded 43 mentions for Toronto-Dominion Bank and 33 mentions for Bank of America. Bank of America's average media sentiment score of 0.68 beat Toronto-Dominion Bank's score of 0.19 indicating that Bank of America is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of America
14 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Toronto-Dominion Bank
7 Very Positive mention(s)
0 Positive mention(s)
35 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

70.7% of Bank of America shares are owned by institutional investors. Comparatively, 52.4% of Toronto-Dominion Bank shares are owned by institutional investors. 0.3% of Bank of America shares are owned by insiders. Comparatively, 0.1% of Toronto-Dominion Bank shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Bank of America has a net margin of 12.48% compared to Toronto-Dominion Bank's net margin of 6.94%. Toronto-Dominion Bank's return on equity of 14.34% beat Bank of America's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of America12.48% 10.09% 0.83%
Toronto-Dominion Bank 6.94%14.34%0.74%

Summary

Bank of America beats Toronto-Dominion Bank on 15 of the 21 factors compared between the two stocks.

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 NYSE 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 BankCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$97.41B$29.79B$9.76B$19.34B
Dividend Yield5.35%4.21%10.42%3.51%
P/E Ratio17.8010.5550.2529.70
Price / Sales1.741.483,316.7717.31
Price / Cash8.039.5029.9820.47
Price / Book1.341.162.925.39
Net Income$7.99B$2.84B$952.27M$981.10M
7 Day Performance-2.01%-0.55%0.08%0.47%
1 Month Performance-11.93%1.72%1.15%0.11%
1 Year Performance-0.23%54.23%26.86%30.75%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TD
Toronto-Dominion Bank
2.9187 of 5 stars
$55.29
-0.6%
$84.00
+51.9%
-0.3%$96.68B$56.07B17.66103,257
BAC
Bank of America
4.8611 of 5 stars
$42.23
-0.2%
$42.69
+1.1%
+64.8%$327.69B$171.91B15.36213,000Short Interest ↓
HSBC
HSBC
3.4099 of 5 stars
$46.60
+0.8%
N/A+28.4%$174.79B$64.07B8.03220,861Dividend Announcement
Short Interest ↓
RY
Royal Bank of Canada
4.5462 of 5 stars
$123.63
+0.1%
$142.50
+15.3%
+55.2%$174.77B$60.00B14.9591,398
MUFG
Mitsubishi UFJ Financial Group
4.2159 of 5 stars
$10.57
+0.6%
N/A+25.5%$123.89B$6.22T12.73140,000
C
Citigroup
4.9986 of 5 stars
$64.35
-0.2%
$71.06
+10.4%
+65.7%$122.77B$80.34B18.03239,000Options Volume
HDB
HDFC Bank
2.0584 of 5 stars
$64.17
-0.7%
N/A+12.0%$119.35B$2.36T19.50213,527Short Interest ↑
Positive News
IBN
ICICI Bank
2.1695 of 5 stars
$31.29
+0.1%
N/A+38.9%$110.25B$1.72T21.88187,765Stock Split
Options Volume
UBS
UBS Group
2.9401 of 5 stars
$31.13
-0.7%
N/A+32.2%$99.82B$45.67B58.74112,842News Coverage
SMFG
Sumitomo Mitsui Financial Group
3.869 of 5 stars
$12.78
+0.5%
N/A+31.1%$83.59B$64.79B11.72120,000Short Interest ↑
Positive News
SAN
Banco Santander
4.1742 of 5 stars
$4.88
+0.4%
N/A+30.1%$77.23B$62.45B6.34212,764News Coverage

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This page (NYSE:TD) was last updated on 10/31/2024 by MarketBeat.com Staff
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