Toronto-Dominion Bank vs Thomson Reuters Corp — how do they compare? Toronto-Dominion Bank trades at $120.5 (market cap $197.03B), while Thomson Reuters Corp trades at $90.98 (market cap $41.28B). The key difference: Toronto-Dominion Bank is far larger — about 4.8× Thomson Reuters Corp's market cap, and Thomson Reuters Corp pays the higher dividend (2.75%). Which is the better fit depends on your goals.
| TD | TRI | |
|---|---|---|
Market Cap | $197.03B | $41.28B |
Sector | Financials | Industrials |
52-Week High | $124.80 | $205.54 |
52-Week Low | $72.55 | $76.55 |
Dividend Yield | 2.62% | 2.75% |
Enterprise Value | — | $43.24B |
Trailing returns across standard periods
Latest headlines on both assets
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 →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
Read more on TRI →