Bank of America (BAC) vs Toronto Dominion Bank (TD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Toronto Dominion Bank (TD) has outperformed Bank of America (BAC) over the past year, gaining 40.7% versus a gain of 6.4%. Over five years, TD leads with a +62.0% price change compared with +15.4% for BAC. Bank of America is the larger company by market cap ($373.41 billion vs $185.76 billion), about 2.0 times the size.
On valuation, Bank of America trades at a lower forward P/E (10.2x vs 14.4x for Toronto Dominion Bank). Toronto Dominion Bank offers the higher dividend yield (3.81% vs 2.10%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BAC | TD |
|---|---|---|
| Share price | $53.40 | $113.75 |
| Market cap | $373.41B | $185.76B |
| 1-day change | -0.22% | -0.11% |
| YTD return | -2.69% | +20.88% |
| 1-year return | +6.42% | +40.74% |
| 5-year return | +15.42% | +61.95% |
| P/E ratio (TTM) | 12.33 | 16.88 |
| Forward P/E | 10.18 | 14.44 |
| EPS (TTM) | $4.33 | $6.74 |
| Dividend yield | 2.10% | 3.81% |
| Annual dividend | $1.12 | $4.33 |
| Revenue (latest FY) | $113.10B | — |
| Revenue growth (YoY) | +6.84% | — |
| Net income (latest FY) | $30.51B | — |
| Net margin | 26.98% | — |
| 52-week high | $65.23 | $125.47 |
| 52-week low | $46.12 | $77.95 |
| Distance from 52-week high | -18.14% | -9.34% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +26.09% | +4.98% |
| Average volume | 33.38M | 2.28M |
| Shares outstanding | 6.99B | 1.63B |
| Employees | 211,000 | 105,005 |
| Sector | Finance | Finance |
| Industry | Major Banks | Commercial Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Bank of America is about 2.0 times larger than Toronto Dominion Bank by market value ($373.41B vs $185.76B).
- TD has outperformed BAC by 34.3 percentage points over the past year.
- Toronto Dominion Bank trades at a higher earnings multiple (16.9x vs 12.3x trailing P/E).
- Toronto Dominion Bank offers a meaningfully higher dividend yield (3.81% vs 2.10%).
About Bank of America
BAC stock →Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.
Finance · Major Banks · 211,000 employees
About Toronto Dominion Bank
TD stock →The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking; U.S.
Finance · Commercial Banks · 105,005 employees
BAC vs TD FAQ
Which is bigger, Bank of America or Toronto Dominion Bank?
Bank of America (BAC) is larger, with a market capitalization of $373.41B compared with $185.76B for Toronto Dominion Bank (TD).
Which stock has performed better over the past year, BAC or TD?
TD returned +40.74% over the past 12 months, compared with +6.42% for BAC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BAC or TD?
BAC has the lower trailing P/E at 12.3, versus 16.9 for TD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Bank of America or Toronto Dominion Bank?
Toronto Dominion Bank has the higher yield at 3.81%, compared with 2.10% for Bank of America.
Are Bank of America and Toronto Dominion Bank in the same industry?
Both are in the Finance sector, but in different industries: Major Banks for Bank of America and Commercial Banks for Toronto Dominion Bank.