Toronto-Dominion Bank vs Western Alliance Bancorporation — how do they compare? Toronto-Dominion Bank trades at $120.5 (market cap $197.03B), while Western Alliance Bancorporation trades at $79.8 (market cap $8.84B). The key difference: Toronto-Dominion Bank is far larger — about 22.3× Western Alliance Bancorporation's market cap, and Toronto-Dominion Bank pays the higher dividend (2.62%). Which is the better fit depends on your goals.
| TD | WAL | |
|---|---|---|
Market Cap | $197.03B | $8.84B |
Sector | Financials | Financials |
52-Week High | $124.80 | $96.08 |
52-Week Low | $72.55 | $66.70 |
Dividend Yield | 2.62% | 2.07% |
Trailing returns across standard periods
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 →Western Alliance Bancorporation is a top-performing bank holding company that operates a dual business model: high-touch regional banking and specialized national business lines. It serves niche industries—including technology, life sciences, and homeowners associations—providing sophisticated commercial lending and treasury solutions that bridge the gap between regional service and national scale.
Read more on WAL →