JPM vs. TD: JPMorgan Chase vs. Toronto-Dominion Bank Stock Comparison

October 26, 2026

How do JPMorgan Chase (JPM) 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

JPMorgan Chase (JPM) 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.

Company profile comparison for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Profile Item	JPM	TD
Name	JPMorgan Chase & Co.	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	880.54 billion USD	203.49 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	August 30, 1996
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

JPM

GSPC

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Metric	JPM	TD
Total Return (1Y)	14.74%	57.37%
Total Return (3Y, Annualized)	35.83%	34.26%
Total Return (5Y, Annualized)	16.92%	15.98%

Risk Profile

Drawdown History

JPM

GSPC

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Metric	JPM	TD
Volatility (1Y, Annualized)	22.10%	18.32%
Beta (5Y)	1.04	0.72
Max Drawdown (5Y)	-38.64%	-31.16%
Avg. Volume (3M)	7.07M	2.01M

Risk-Adjusted Performance

Risk-Return Positioning

JPM and TD are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Metric	JPM	TD
Sharpe Ratio (1Y)	0.47	2.89
Sortino Ratio (1Y)	0.65	4.39

Profitability

ROE (TTM)

JPMorgan Chase (JPM) at 18.01% sits in the top ROE quartile, while Toronto-Dominion Bank (TD) at 12.83% is closer to the peer norm — stronger capital efficiency for JPM.

JPM

Banks industry group

18.01%

Max: 19.41%
JPM: 18.01%
Q3: 13.49%
Median: 11.36%
Q1: 9.48%
Min: 3.81%

TD

Banks industry group

12.83%

Max: 19.41%
Q3: 13.49%
TD: 12.83%
Median: 11.36%
Q1: 9.48%
Min: 3.81%

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD): A comparison of their ROE against the Banks industry group benchmark.

Net Margin (TTM)

JPMorgan Chase (JPM) at 34.59% keeps about the industry-typical share of revenue as profit, while Toronto-Dominion Bank (TD) at 26.62% retains only a bottom-quartile share.

JPM

Banks industry group

34.59%

Max: 47.33%
Q3: 35.30%
JPM: 34.59%
Median: 31.10%
Q1: 27.27%
Min: 16.98%

TD

Banks industry group

26.62%

Max: 47.33%
Q3: 35.30%
Median: 31.10%
Q1: 27.27%
TD: 26.62%
Min: 16.98%

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD): A comparison of their net margin against the Banks industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for JPMorgan Chase (JPM) 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 Metrics

Profitability metrics for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Metric	JPM	TD
ROE (TTM)	18.01%	12.83%
ROA (TTM)	1.37%	0.78%
Net Margin (TTM)	34.59%	26.62%
Operating Margin (TTM)	--	--
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Both JPMorgan Chase (JPM) at 7.32% and Toronto-Dominion Bank (TD) at 8.93% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD): A comparison of their Revenue Growth across different time periods.

EPS Growth

Toronto-Dominion Bank (TD) at 144.92% delivers above-range EPS growth, while JPMorgan Chase (JPM) at 1.37% falls into the bottom quartile — a wide split in earnings momentum.

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Metric	JPM	TD
Revenue Growth (YoY)	7.32%	8.93%
Revenue Growth (3Y CAGR)	12.50%	10.22%
EPS Growth (YoY)	1.37%	144.92%
EPS Growth (3Y CAGR)	18.31%	6.87%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: JPMorgan Chase (JPM) 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: JPMorgan Chase (JPM) 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 Metrics

Financial strength metrics for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Metric	JPM	TD
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Toronto-Dominion Bank (TD) at 3.46% delivers top-quartile income for its industry, while JPMorgan Chase (JPM) at 1.83% pays a more typical yield — both are credible income propositions, TD the richer one.

JPM

Banks industry group

1.83%

Max: 5.71%
Q3: 3.12%
Median: 2.29%
JPM: 1.83%
Q1: 0.97%
Min: 0.00%

TD

Banks industry group

3.46%

Max: 5.71%
TD: 3.46%
Q3: 3.12%
Median: 2.29%
Q1: 0.97%
Min: 0.00%

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD): A comparison of their dividend yield against the Banks industry group benchmark.

Dividend Payout Ratio (TTM)

JPMorgan Chase (JPM) at 25.71% pays out a band-typical share of earnings, while Toronto-Dominion Bank (TD) at 46.36% distributes more than its industry norm — less retained, thinner cover.

JPM

Banks industry group

25.71%

Max: 68.56%
Q3: 42.20%
Median: 29.17%
JPM: 25.71%
Q1: 19.91%
Min: 0.00%

TD

Banks industry group

46.36%

Max: 68.56%
TD: 46.36%
Q3: 42.20%
Median: 29.17%
Q1: 19.91%
Min: 0.00%

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD): A comparison of their payout ratio against the Banks industry group benchmark.

Dividend Metrics

Dividend metrics for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Metric	JPM	TD
Dividend Yield (TTM)	1.83%	3.46%
Dividend Payout Ratio (TTM)	25.71%	46.36%

Valuation

P/E Ratio (TTM)

JPMorgan Chase (JPM) at 13.91 is near its industry’s usual P/E ratio, while Toronto-Dominion Bank (TD) at 18.49 sits in the richer quartile — TD needs stronger growth or earnings quality to justify the premium.

JPM

Banks industry group

13.91

Max: 18.61
Q3: 13.99
JPM: 13.91
Median: 12.13
Q1: 10.90
Min: 7.07

TD

Banks industry group

18.49

Max: 18.61
TD: 18.49
Q3: 13.99
Median: 12.13
Q1: 10.90
Min: 7.07

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD): A comparison of their P/E ratio against the Banks industry group benchmark.

P/S Ratio (TTM)

P/S ratio is set aside for both JPMorgan Chase (JPM) 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)

Both look rich against book: Toronto-Dominion Bank (TD) at 2.31 sits in the upper P/B ratio quartile, and JPMorgan Chase (JPM) at 2.51 prices even higher, above its industry range.

JPM

Banks industry group

2.51

JPM: 2.51
Max: 2.31
Q3: 1.59
Median: 1.33
Q1: 1.10
Min: 0.41

TD

Banks industry group

2.31

TD: 2.31
Max: 2.31
Q3: 1.59
Median: 1.33
Q1: 1.10
Min: 0.41

JPMorgan Chase (JPM) vs. Toronto-Dominion Bank (TD): A comparison of their P/B ratio against the Banks industry group benchmark.

Valuation Metrics

Valuation metrics for JPMorgan Chase (JPM) and Toronto-Dominion Bank (TD)
Metric	JPM	TD
P/E Ratio (TTM)	13.91	18.49
P/S Ratio (TTM)	--	--
P/B Ratio (MRQ)	2.51	2.31
Free Cash Flow Yield (TTM)	--	--