Bank Of Montreal (BMO) 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 Montreal (BMO) over the past year, gaining 40.7% versus a gain of 25.7%. Over five years, TD leads with a +62.0% price change compared with +50.9% for BMO. Toronto Dominion Bank is the larger company by market cap ($185.95 billion vs $112.43 billion), about 1.7 times the size.
On valuation, Bank Of Montreal trades at a lower forward P/E (14.0x vs 14.5x for Toronto Dominion Bank). Bank Of Montreal offers the higher dividend yield (4.13% vs 3.80%).
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 | BMO | TD |
|---|---|---|
| Share price | $161.75 | $113.87 |
| Market cap | $112.43B | $185.95B |
| 1-day change | -2.61% | -3.65% |
| YTD return | +24.62% | +20.88% |
| 1-year return | +25.69% | +40.74% |
| 5-year return | +50.87% | +61.95% |
| P/E ratio (TTM) | 18.76 | 17.55 |
| Forward P/E | 13.96 | 14.46 |
| EPS (TTM) | $8.62 | $6.49 |
| Dividend yield | 4.13% | 3.80% |
| Annual dividend | $6.68 | $4.33 |
| 52-week high | $187.22 | $125.47 |
| 52-week low | $119.84 | $77.95 |
| Distance from 52-week high | -13.60% | -9.25% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +2.34% | +4.87% |
| Average volume | 772.47K | 2.25M |
| Shares outstanding | 695.09M | 1.63B |
| Employees | 53,234 | 105,005 |
| Sector | Finance | Finance |
| Industry | Commercial 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
- TD has outperformed BMO by 15.0 percentage points over the past year.
About Bank Of Montreal
BMO stock →Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S.
Finance · Commercial Banks · 53,234 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
BMO vs TD FAQ
Which is bigger, Bank Of Montreal or Toronto Dominion Bank?
Toronto Dominion Bank (TD) is larger, with a market capitalization of $185.95B compared with $112.43B for Bank Of Montreal (BMO).
Which stock has performed better over the past year, BMO or TD?
TD returned +40.74% over the past 12 months, compared with +25.69% for BMO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BMO or TD?
TD has the lower trailing P/E at 17.5, versus 18.8 for BMO. 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 Montreal or Toronto Dominion Bank?
Bank Of Montreal has the higher yield at 4.13%, compared with 3.80% for Toronto Dominion Bank.
Are Bank Of Montreal and Toronto Dominion Bank in the same industry?
Yes. Both are classified in the Commercial Banks industry within the Finance sector.