Royal Bank of Canada vs Toronto-Dominion Bank — how do they compare? Royal Bank of Canada trades at $210.37 (market cap $289.51B), while Toronto-Dominion Bank trades at $120.5 (market cap $197.03B). The key difference: Royal Bank of Canada is the larger of the two by market cap, and Toronto-Dominion Bank pays the higher dividend (2.62%). Which is the better fit depends on your goals.
| RY | TD | |
|---|---|---|
Market Cap | $289.51B | $197.03B |
Sector | Financials | Financials |
52-Week High | $217.87 | $124.80 |
52-Week Low | $128.46 | $72.55 |
Dividend Yield | 2.42% | 2.62% |
Trailing returns across standard periods
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →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 →