BAC vs. TD: Bank of America vs. Toronto-Dominion Bank Stock Comparison
How do Bank of America (BAC) and Toronto-Dominion Bank (TD) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Bank of America (BAC) and Toronto-Dominion Bank (TD) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
| Profile Item | BAC | TD |
|---|---|---|
| Name | Bank of America Corporation | The Toronto-Dominion Bank |
| Country/Region | United States | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 398.83 billion USD | 197.07 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | August 30, 1996 |
| Security Type | Common Stock | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | BAC | TD |
|---|---|---|
| Total Return (1Y) | 27.44% | 70.40% |
Risk
Drawdown
Risk at a Glance
| Metric | BAC | TD |
|---|---|---|
| Volatility (1Y, Annualized) | 21.56% | 16.70% |
| Beta (5Y) | 1.17 | 0.72 |
| Avg. Volume (3M) | 37.02M | 2.39M |
Profitability
ROE (TTM)
Both Bank of America (BAC) at 10.64% and Toronto-Dominion Bank (TD) at 11.91% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
BAC
Banks industry group
10.64%
- Max
- 19.15%
- Q3
- 13.07%
- Median
- 10.82%
- BAC
- 10.64%
- Q1
- 8.57%
- Min
- 3.15%
TD
Banks industry group
11.91%
- Max
- 19.15%
- Q3
- 13.07%
- TD
- 11.91%
- Median
- 10.82%
- Q1
- 8.57%
- Min
- 3.15%
Net Margin (TTM)
Bank of America (BAC) at 28.96% keeps about the industry-typical share of revenue as profit, while Toronto-Dominion Bank (TD) at 25.19% retains only a bottom-quartile share.
BAC
Banks industry group
28.96%
- Max
- 47.55%
- Q3
- 34.61%
- Median
- 30.31%
- BAC
- 28.96%
- Q1
- 25.62%
- Min
- 12.76%
TD
Banks industry group
25.19%
- Max
- 47.55%
- Q3
- 34.61%
- Median
- 30.31%
- Q1
- 25.62%
- TD
- 25.19%
- Min
- 12.76%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Bank of America (BAC) in Banks and Toronto-Dominion Bank (TD) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability at a Glance
| Metric | BAC | TD |
|---|---|---|
| ROE (TTM) | 10.64% | 11.91% |
| ROA (TTM) | 0.93% | 0.72% |
| Net Margin (TTM) | 28.96% | 25.19% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | BAC | TD |
|---|---|---|
| Revenue Growth (YoY) | 6.84% | 8.93% |
| Revenue Growth (3Y CAGR) | 6.00% | 10.22% |
EPS Growth
EPS Growth at a Glance
| Metric | BAC | TD |
|---|---|---|
| EPS Growth (YoY) | 18.69% | 144.92% |
| EPS Growth (3Y CAGR) | 6.10% | 6.87% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Bank of America (BAC) in Banks and Toronto-Dominion Bank (TD) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Bank of America (BAC) in Banks and Toronto-Dominion Bank (TD) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength at a Glance
| Metric | BAC | TD |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Toronto-Dominion Bank (TD) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bank of America (BAC) reports a yield of 1.97%, ranking against industry peers normally.
BAC
Banks industry group
1.97%
- Max
- 6.87%
- Q3
- 2.97%
- BAC
- 1.97%
- Median
- 1.82%
- Q1
- 0.00%
- Min
- 0.00%
TD
Banks industry group
0.00%
- Max
- 6.87%
- Q3
- 2.97%
- Median
- 1.82%
- TD
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Dividend policy can be sized up on one side only: Bank of America (BAC) pays out 27.30% of earnings, measured against its industry’s payout band; Toronto-Dominion Bank (TD) shows no payout ratio this period.
BAC
Banks industry group
27.30%
- Max
- 67.80%
- Q3
- 42.56%
- Median
- 28.63%
- BAC
- 27.30%
- Q1
- 20.42%
- Min
- 0.00%
TD
Banks industry group
--
- Max
- 67.80%
- Q3
- 42.56%
- Median
- 28.63%
- Q1
- 20.42%
- Min
- 0.00%
- TD
- --
Dividends at a Glance
| Metric | BAC | TD |
|---|---|---|
| Dividend Yield (TTM) | 1.97% | 0.00% |
| Dividend Payout Ratio (TTM) | 27.30% | -- |
Valuation
P/E Ratio (TTM)
Bank of America (BAC) at 13.95 is near its industry’s usual P/E ratio, while Toronto-Dominion Bank (TD) at 19.56 sits in the richer quartile — TD needs stronger growth or earnings quality to justify the premium.
BAC
Banks industry group
13.95
- Max
- 20.85
- Q3
- 15.27
- BAC
- 13.95
- Median
- 12.70
- Q1
- 11.13
- Min
- 6.36
TD
Banks industry group
19.56
- Max
- 20.85
- TD
- 19.56
- Q3
- 15.27
- Median
- 12.70
- Q1
- 11.13
- Min
- 6.36
P/S Ratio (TTM)
P/S ratio is set aside for both Bank of America (BAC) in Banks and Toronto-Dominion Bank (TD) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
Bank of America (BAC) at 1.45 sits near its industry’s typical P/B ratio, while Toronto-Dominion Bank (TD) at 2.24 prices above its benchmark range — TD looks rich relative to book.
BAC
Banks industry group
1.45
- Max
- 2.23
- Q3
- 1.56
- BAC
- 1.45
- Median
- 1.27
- Q1
- 1.10
- Min
- 0.62
TD
Banks industry group
2.24
- TD
- 2.24
- Max
- 2.23
- Q3
- 1.56
- Median
- 1.27
- Q1
- 1.10
- Min
- 0.62
Valuation at a Glance
| Metric | BAC | TD |
|---|---|---|
| P/E Ratio (TTM) | 13.95 | 19.56 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.45 | 2.24 |
| Free Cash Flow Yield (TTM) | -- | -- |