HDFC Bank (HDB) 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 HDFC Bank (HDB) over the past year, gaining 40.7% versus a loss of 36.6%. Over five years, TD leads with a +62.0% price change compared with -41.6% for HDB. Toronto Dominion Bank is the larger company by market cap ($185.06 billion vs $113.15 billion), about 1.6 times the size.
On valuation, Toronto Dominion Bank trades at a lower forward P/E (14.4x vs 15.8x for HDFC Bank). HDFC Bank offers the higher dividend yield (59.05% vs 3.82%).
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 | HDB | TD |
|---|---|---|
| Share price | $22.02 | $113.33 |
| Market cap | $113.15B | $185.06B |
| 1-day change | -0.59% | -0.47% |
| YTD return | -39.41% | +20.88% |
| 1-year return | -36.58% | +40.74% |
| 5-year return | -41.55% | +61.95% |
| P/E ratio (TTM) | 14.20 | 16.81 |
| Forward P/E | 15.82 | 14.39 |
| EPS (TTM) | $1.55 | $6.74 |
| Dividend yield | 59.05% | 3.82% |
| Annual dividend | $13.00 | $4.33 |
| Revenue (latest FY) | $25.64B | — |
| Revenue growth (YoY) | +15.25% | — |
| Net income (latest FY) | $7.88B | — |
| Net margin | 30.75% | — |
| 52-week high | $37.45 | $125.47 |
| 52-week low | $21.77 | $77.95 |
| Distance from 52-week high | -41.21% | -9.68% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +38.68% | +5.37% |
| Average volume | 9.79M | 2.28M |
| Shares outstanding | 5.14B | 1.63B |
| Employees | 212,958 | 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 HDB by 77.3 percentage points over the past year.
- HDFC Bank offers a meaningfully higher dividend yield (59.05% vs 3.82%).
About HDFC Bank
HDB stock →HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai. The company operates through Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance Business, and Other segments.
Finance · Commercial Banks · 212,958 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
HDB vs TD FAQ
Which is bigger, HDFC Bank or Toronto Dominion Bank?
Toronto Dominion Bank (TD) is larger, with a market capitalization of $185.06B compared with $113.15B for HDFC Bank (HDB).
Which stock has performed better over the past year, HDB or TD?
TD returned +40.74% over the past 12 months, compared with -36.58% for HDB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HDB or TD?
HDB has the lower trailing P/E at 14.2, versus 16.8 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, HDFC Bank or Toronto Dominion Bank?
HDFC Bank has the higher yield at 59.05%, compared with 3.82% for Toronto Dominion Bank.
Are HDFC Bank and Toronto Dominion Bank in the same industry?
Yes. Both are classified in the Commercial Banks industry within the Finance sector.