JPM vs MUFG vs TD Stock Comparison

Jpmorgan Chase, Mitsubishi Ufj Financial and Toronto Dominion Bank Prices as of Oct 23, 2026 Peers: Industry group
JPM Jpmorgan Chase & Co
$331.54 -1.8% 1M +12.6% 1Y
Market cap
$898.55B
P/E
14.1x
Revenue (TTM)
$199.41B
Div. yield
–
Money Center Banks Financial Services
4 wins
TD Toronto Dominion Bank
$124.61 +4.3% 1M +54.0% 1Y
Market cap
$216.31B
P/E
19.2x
Revenue (TTM)
$46.75B
Div. yield
0.03%
Money Center Banks Financial Services
2 wins

Head to Head

10 decided of 12

Jpmorgan Chase leads on 4 of the 12 questions below (Jpmorgan Chase 4, Mitsubishi Ufj Financial 4, Toronto Dominion Bank 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJPMMUFGTDLeader
Larger companyMarket capitalisation $898.55B $240.31B $216.31B JPM
Cheaper on earningsLower P/E, profitable companies only 14.1x 15.9x 19.2x JPM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.7x 12.3x 18.5x MUFG
Faster revenue growthRevenue growth, trailing twelve months +13.5% -12.0% -3.6% JPM
More profitableNet margin, trailing twelve months 31.9% 47.7% 24.1% MUFG
Better return on capitalReturn on invested capital 15.8% 3.6% — JPM
Less leveragedLower net debt / EBITDA 2.8x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.03% –
Better 1-year returnPrice return, last 12 months +12.6% +41.0% +54.0% TD
Better 5-year returnAnnualised price return, 5 years +14.1%/yr +29.6%/yr +11.6%/yr MUFG
Less volatileAnnualised volatility, 1 year 22.2% 26.3% 18.2% TD
Higher overall scoreMean of the five percentile scores vs peers 33/100 35/100 21/100 MUFG

Percentile Scorecard

JPMMUFGTD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJPMMUFGTD
Valuation 2 #353 of 361 21 #284 of 361 14 #310 of 361
Growth 27 #251 of 344 72 #98 of 344 33 #230 of 344
Profitability 55 #156 of 348 67 #116 of 348 6 #326 of 348
Financial Health 9 #311 of 340 4 #327 of 340 1 #337 of 340
Shareholder Returns 74 #93 of 352 11 #314 of 352 48 #184 of 352
Overall 33 35 21
  • JPM ranked among 370 companies in Banking
  • MUFG ranked among 370 companies in Banking
  • TD ranked among 370 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJPMMUFGTDSPY
1 month -1.8%-7.8%+4.3% -1.0%
3 months -6.1%-8.1%+4.0% +2.9%
6 months +7.5%+21.7%+18.6% +6.4%
Year to date +2.9%+32.7%+32.3% +11.4%
1 year +12.6%+41.0%+54.0% +13.1%
3 years +134.9%+159.2%+122.8% +79.4%
3 years, per year +32.9%+37.4%+30.6% +21.5%
5 years +93.0%+264.8%+72.9% +67.7%
5 years, per year +14.1%+29.6%+11.6% +10.9%
10 years +384.1%+318.5%+176.7% +255.2%
10 years, per year +17.1%+15.4%+10.7% +13.5%

Risk

MeasureJPMMUFGTDSPY
Volatility, 1Y 22.2%26.3%18.2% 12.7%
Downside volatility, 1Y 23.8%26.6%19.0% 12.7%
Beta vs S&P 500, 1Y 0.740.910.75 1.00
Return / volatility, 1Y 0.571.562.96 1.03
Max drawdown, 5Y -40.5%-35.6%-39.3% -25.4%
From 52-week high -9.2%-12.8%-0.4% -2.5%
52-week high $365.23$24.14$125.08 $779.14
52-week low $282.84$14.77$80.43 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJPMMUFGTD
P/E now vs peer median 14.0xmedian 12.5x 15.9xmedian 12.5x 19.1xmedian 12.5x
P/S now vs peer median 4.4xmedian 3.5x 7.9xmedian 3.5x 4.5xmedian 3.5x
EV/EBITDA now vs peer median 7.4xmedian 4.8x —median 4.8x 9.8xmedian 4.8x
P/FCF now vs peer median -5.4xmedian 11.4x —median 11.4x 37.9xmedian 11.4x
P/B now vs peer median 2.4xmedian 1.2x 2.3xmedian 1.2x 2.3xmedian 1.2x
PEG now vs peer median 0.95median 1.48 0.27median 1.48 4.53median 1.48

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJPMMUFGTD
Revenue $199.41B $31.62B $46.75B
Gross profit – $29.85B –
Operating income – $18.02B $3.46B
Net income $65.07B $13.97B $11.69B
Free cash flow -$162.53B – $5.55B
EPS (diluted) $23.62 $1.32 $6.52
Cash & equivalents – – $4.86B
Total debt $532.95B $494.43B –
Shares (diluted) 2.69B 11.40B 1.73B
Enterprise value $898.55B -$101.08B -$459.56B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJPMMUFGTD
P/E 14.0x 15.9x 19.1x
P/FCF -5.4x – 37.9x
P/Operating cash flow -5.4x – 37.9x
P/S 4.4x 7.9x 4.5x
P/B 2.4x 2.3x 2.3x
P/Tangible book 2.4x 2.3x 2.4x
EV/EBITDA 7.4x – 9.8x
EV/EBIT 7.8x 5.2x 14.4x
EV/Revenue 7.1x 3.0x 1.1x
EV/FCF -8.7x – 9.0x
EV/Operating cash flow -8.7x – 9.0x
PEG (3Y EPS CAGR) 0.95 0.27 4.53

Growth

14 metrics
MetricJPMMUFGTD
Revenue growth (1Y) 13.5% -12.0% -3.6%
Revenue CAGR (3Y) 10.7% -2.4% 5.7%
Gross profit growth (1Y) – 38.8% –
Gross profit CAGR (3Y) – 7.6% –
Operating income growth (1Y) – 24.8% 17.4%
Operating income CAGR (3Y) – 12.7% 47.6%
Net income growth (1Y) 15.1% 62.6% -21.4%
Net income CAGR (3Y) 10.8% 32.4% 2.7%
EPS growth (1Y) 19.6% 104.8% -20.7%
EPS CAGR (3Y) 14.8% 59.4% 4.2%
Operating cash flow growth (1Y) -9.4% – -64.0%
Operating cash flow CAGR (3Y) -159.0% – 28.0%
Free cash flow growth (1Y) -9.4% – -64.0%
Free cash flow CAGR (3Y) -159.0% – 28.0%

Profitability

14 metrics
MetricJPMMUFGTD
Gross margin – 94.4% –
EBITDA margin 96.0% – 10.9%
Operating margin – 57.0% 7.4%
Pretax margin 42.1% 59.6% -66.0%
Net margin 31.9% 47.7% 24.1%
FCF margin -81.5% – 11.9%
Operating cash flow margin -81.5% – 11.9%
Return on equity 17.6% 11.7% 12.9%
Return on assets 1.3% 0.5% 0.8%
Return on invested capital 15.8% 3.6% –
Return on capital employed – – –
Asset turnover 0.0x 0.0x 0.0x
Cash conversion (OCF / net income) -2.5x – 0.5x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricJPMMUFGTD
Debt / assets 10.6% 4.7% –
Debt / equity 1.4x 1.2x –
Net debt / EBITDA 2.8x – –
Debt / FCF -3.3x – –
Liabilities / assets 92.5% 96.0% 94.0%
Equity / assets 7.5% 4.0% 6.0%
Interest coverage 1.9x 0.6x 0.1x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricJPMMUFGTD
Dividend yield 1.9% 1.5% 3.5%
Net buyback yield 3.5% – 2.4%
Shareholder yield 5.3% 1.5% 5.9%
Payout ratio (earnings) – – 48.3%
Payout ratio (FCF) – – 101.8%
Dividend growth (1Y) – – 4.6%
Dividend CAGR (3Y) – – 6.8%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJPMMUFGTD
Forward P/E 13.7xFY2026 12.3xFY2026 18.5xFY2026
EPS, next fiscal year $24.21FY2026 $1.71FY2026 $6.74FY2026
EPS growth, next FY +20.9%FY2026 +27.6%FY2026 +12.9%FY2026
EPS growth, the year after +2.5% +0.6% +9.5%
Revenue, next fiscal year $213.97BFY2026 $44.38BFY2026 $45.11BFY2026
Revenue growth, next FY +17.3%FY2026 +18.6%FY2026 +13.5%FY2026
Revenue growth, the year after -2.6% +4.0% +3.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJPMMUFGTD
Held by institutions 73.0% 3.0% 45.9%
Institutions holding 5,081 574 900
Change in shares held, QoQ +1.1% -0.1% -1.2%
Institutions buying 2,486 324 385
Institutions selling 2,060 160 304
Buyers to sellers 1.21 2.03 1.27

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JPMMUFGTD
JPM 1.00 0.43 0.51
MUFG 0.43 1.00 0.50
TD 0.51 0.50 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JPM, MUFG and TD?

Jpmorgan Chase (JPM) is the largest by market capitalisation: Jpmorgan Chase (JPM) $898.55B, Mitsubishi Ufj Financial (MUFG) $240.31B, Toronto Dominion Bank (TD) $216.31B.

Which stock is cheaper, JPM, MUFG and TD?

Jpmorgan Chase (JPM) trades on the lowest price-to-earnings ratio (Jpmorgan Chase (JPM) 14.1x, Mitsubishi Ufj Financial (MUFG) 15.9x, Toronto Dominion Bank (TD) 19.2x). On next year's consensus earnings, Mitsubishi Ufj Financial (MUFG) is cheapest (Jpmorgan Chase (JPM) 13.7x, Mitsubishi Ufj Financial (MUFG) 12.3x, Toronto Dominion Bank (TD) 18.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Jpmorgan Chase (JPM) grew revenue fastest over the trailing twelve months: Jpmorgan Chase (JPM) +13.5%, Mitsubishi Ufj Financial (MUFG) -12.0%, Toronto Dominion Bank (TD) -3.6%.

Which company is more profitable?

Mitsubishi Ufj Financial (MUFG) has the highest net margin (Jpmorgan Chase (JPM) 31.9%, Mitsubishi Ufj Financial (MUFG) 47.7%, Toronto Dominion Bank (TD) 24.1%). On return on invested capital, Jpmorgan Chase (JPM) leads (Jpmorgan Chase (JPM) 15.8%, Mitsubishi Ufj Financial (MUFG) 3.6%).

Which stock has performed better?

Over the past year Toronto Dominion Bank (TD) returned the most: Jpmorgan Chase (JPM) +12.6%, Mitsubishi Ufj Financial (MUFG) +41.0%, Toronto Dominion Bank (TD) +54.0%. Over five years, Mitsubishi Ufj Financial (MUFG) compounded fastest (Jpmorgan Chase (JPM) +14.1%/yr, Mitsubishi Ufj Financial (MUFG) +29.6%/yr, Toronto Dominion Bank (TD) +11.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Jpmorgan Chase (JPM) 0.00%, Mitsubishi Ufj Financial (MUFG) 0.00%, Toronto Dominion Bank (TD) 0.03%. Jpmorgan Chase (JPM) and Mitsubishi Ufj Financial (MUFG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Toronto Dominion Bank (TD) has been the steadiest (Jpmorgan Chase (JPM) 22.2%, Mitsubishi Ufj Financial (MUFG) 26.3%, Toronto Dominion Bank (TD) 18.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JPM, MUFG and TD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Jpmorgan Chase (JPM) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.