Toronto-Dominion Bank (TD) Competitors

$58.08
-0.61 (-1.04%)
(As of 05/2/2024 ET)

TD vs. HDB, IBN, MUFG, SAN, SMFG, RY, BMO, BBVA, ING, and CM

Should you be buying Toronto-Dominion Bank stock or one of its competitors? The main competitors of Toronto-Dominion Bank include HDFC Bank (HDB), ICICI Bank (IBN), Mitsubishi UFJ Financial Group (MUFG), Banco Santander (SAN), Sumitomo Mitsui Financial Group (SMFG), Royal Bank of Canada (RY), Bank of Montreal (BMO), Banco Bilbao Vizcaya Argentaria (BBVA), ING Groep (ING), and Canadian Imperial Bank of Commerce (CM). These companies are all part of the "commercial banks, not elsewhere classified" industry.

Toronto-Dominion Bank vs.

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

HDFC Bank has a net margin of 15.71% compared to Toronto-Dominion Bank's net margin of 11.16%. HDFC Bank's return on equity of 15.45% beat Toronto-Dominion Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Toronto-Dominion Bank11.16% 14.15% 0.75%
HDFC Bank 15.71%15.45%1.79%

In the previous week, Toronto-Dominion Bank had 13 more articles in the media than HDFC Bank. MarketBeat recorded 20 mentions for Toronto-Dominion Bank and 7 mentions for HDFC Bank. HDFC Bank's average media sentiment score of 0.73 beat Toronto-Dominion Bank's score of 0.46 indicating that HDFC Bank is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Toronto-Dominion Bank
8 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral
HDFC Bank
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Toronto-Dominion Bank presently has a consensus target price of $89.33, suggesting a potential upside of 52.23%. Given Toronto-Dominion Bank's higher possible upside, equities analysts plainly believe Toronto-Dominion Bank is more favorable than HDFC Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Toronto-Dominion Bank
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
HDFC Bank
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

Toronto-Dominion Bank has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500. Comparatively, HDFC Bank has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500.

Toronto-Dominion Bank received 97 more outperform votes than HDFC Bank when rated by MarketBeat users. However, 69.24% of users gave HDFC Bank an outperform vote while only 54.95% of users gave Toronto-Dominion Bank an outperform vote.

CompanyUnderperformOutperform
Toronto-Dominion BankOutperform Votes
527
54.95%
Underperform Votes
432
45.05%
HDFC BankOutperform Votes
430
69.24%
Underperform Votes
191
30.76%

Toronto-Dominion Bank has higher revenue and earnings than HDFC Bank. Toronto-Dominion Bank is trading at a lower price-to-earnings ratio than HDFC Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Toronto-Dominion Bank$75.05B1.38$7.99B$4.6812.54
HDFC Bank$49.29B2.20$7.75B$3.2617.90

Toronto-Dominion Bank pays an annual dividend of $1.43 per share and has a dividend yield of 2.4%. HDFC Bank pays an annual dividend of $0.58 per share and has a dividend yield of 1.0%. Toronto-Dominion Bank pays out 30.6% of its earnings in the form of a dividend. HDFC Bank pays out 17.8% 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.

52.4% of Toronto-Dominion Bank shares are held by institutional investors. Comparatively, 17.6% of HDFC Bank shares are held by institutional investors. 0.1% of Toronto-Dominion Bank shares are held by company insiders. Comparatively, 1.0% of HDFC Bank shares are held by company 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

HDFC Bank beats Toronto-Dominion Bank on 11 of the 20 factors compared between the two stocks.

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 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$103.47B$36.40B$8.65B$17.31B
Dividend Yield2.41%4.49%10.57%3.58%
P/E Ratio12.547.8955.7221.01
Price / Sales1.381.703,602.4410.34
Price / Cash8.458.9027.6617.44
Price / Book1.411.042.334.86
Net Income$7.99B$3.18B$1.00B$964.63M
7 Day Performance-0.72%0.81%-0.01%-0.10%
1 Month Performance-1.19%0.47%-1.37%-3.34%
1 Year Performance-1.40%30.29%13.67%96.46%

Toronto-Dominion Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HDB
HDFC Bank
2.731 of 5 stars
$57.60
-1.3%
N/A-16.9%$107.12B$49.29B17.67173,222Dividend Increase
IBN
ICICI Bank
1.6392 of 5 stars
$27.53
+0.2%
N/A+21.3%$96.68B$16.08B20.54157,799Stock Split
Short Interest ↑
MUFG
Mitsubishi UFJ Financial Group
3.8374 of 5 stars
$9.95
-0.2%
N/A+57.5%$122.76B$68.70B8.02121,800
SAN
Banco Santander
3.3209 of 5 stars
$4.81
-4.6%
N/A+38.2%$76.12B$62.14B6.87212,764Ex-Dividend
SMFG
Sumitomo Mitsui Financial Group
2.4822 of 5 stars
$11.32
flat
N/A+38.0%$74.56B$45.46B12.86106,000News Coverage
RY
Royal Bank of Canada
4.3011 of 5 stars
$96.80
-1.2%
$137.67
+42.2%
-1.8%$136.94B$87.48B12.1991,398
BMO
Bank of Montreal
4.4294 of 5 stars
$89.33
-1.0%
$131.00
+46.6%
-0.2%$65.14B$50.48B17.0556,000
BBVA
Banco Bilbao Vizcaya Argentaria
3.7295 of 5 stars
$10.72
-8.8%
N/A+43.5%$63.92B$31.97B7.71121,486News Coverage
ING
ING Groep
2.8226 of 5 stars
$15.80
-0.5%
N/A+29.5%$58.88B$24.43B7.1546,000Upcoming Earnings
News Coverage
Gap Up
CM
Canadian Imperial Bank of Commerce
4.8703 of 5 stars
$46.70
-1.5%
$63.00
+34.9%
+12.3%$43.80B$41.16B9.6548,074News Coverage
Positive News

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This page (NYSE:TD) was last updated on 5/2/2024 by MarketBeat.com Staff

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