Marqeta Inc vs Toronto-Dominion Bank — how do they compare? Marqeta Inc trades at $17.22 (market cap $1.85B), while Toronto-Dominion Bank trades at $120.5 (market cap $197.03B). The key difference: Toronto-Dominion Bank is far larger — about 106.5× Marqeta Inc's market cap, and Toronto-Dominion Bank pays a 2.62% dividend while Marqeta Inc pays none. Which is the better fit depends on your goals.
| MQ | TD | |
|---|---|---|
Market Cap | $1.85B | $197.03B |
Sector | Technology | Financials |
52-Week High | $27.32 | $124.80 |
52-Week Low | $15.04 | $72.55 |
Enterprise Value | $1.15B | — |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.
Read more on MQ →Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.
Read more on TD →