TD vs BAC vs JPM Stock Comparison

Toronto Dominion Bank, Bank Of America and Jpmorgan Chase Prices as of Oct 26, 2026 Peers: Industry group
TD Toronto Dominion Bank
$125.29 +3.9% 1M +54.7% 1Y
Market cap
$217.36B
P/E
19.3x
Revenue (TTM)
$46.75B
Div. yield
0.03%
Money Center Banks Financial Services
2 wins
BAC Bank Of America Corp /De/
$50.54 -10.8% 1M -3.9% 1Y
Market cap
$362.71B
P/E
11.3x
Revenue (TTM)
$121.10B
Div. yield
0.03%
Money Center Banks Financial Services
5 wins
JPM Jpmorgan Chase & Co
$334.14 -2.6% 1M +11.2% 1Y
Market cap
$904.60B
P/E
13.9x
Revenue (TTM)
$203.15B
Div. yield
–
Money Center Banks Financial Services
3 wins

Head to Head

10 decided of 12

Bank Of America leads on 5 of the 12 questions below (Bank Of America 5, Jpmorgan Chase 3, Toronto Dominion Bank 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTDBACJPMLeader
Larger companyMarket capitalisation $217.36B $362.71B $904.60B JPM
Cheaper on earningsLower P/E, profitable companies only 19.3x 11.3x 13.9x BAC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.3x 11.2x 13.8x BAC
Faster revenue growthRevenue growth, trailing twelve months -3.6% +9.7% +13.2% JPM
More profitableNet margin, trailing twelve months 24.1% 26.5% — BAC
Better return on capitalReturn on invested capital — 13.1% — –
Less leveragedLower net debt / EBITDA — -1.6x — –
Higher dividend yieldTrailing dividend yield 0.03% 0.03% 0.00% BAC
Better 1-year returnPrice return, last 12 months +54.7% -3.9% +11.2% TD
Better 5-year returnAnnualised price return, 5 years +11.5%/yr +1.4%/yr +14.8%/yr JPM
Less volatileAnnualised volatility, 1 year 18.3% 21.9% 22.1% TD
Higher overall scoreMean of the five percentile scores vs peers 23/100 71/100 34/100 BAC

Percentile Scorecard

TDBACJPM

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

AxisTDBACJPM
Valuation 13 #315 of 362 96 #17 of 362 8 #333 of 362
Growth 36 #141 of 221 83 #39 of 221 72 #62 of 221
Profitability 11 #178 of 200 74 #52 of 200 –
Financial Health 2 #200 of 203 24 #154 of 203 –
Shareholder Returns 55 #154 of 342 77 #79 of 342 21 #271 of 342
Overall 23 71 34
  • TD ranked among 370 companies in Banking
  • BAC ranked among 370 companies in Banking
  • JPM ranked among 370 companies in Banking

Price Performance

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

Returns

PeriodTDBACJPMSPY
1 month +3.9%-10.8%-2.6% -0.8%
3 months +4.7%-18.7%-6.2% +3.5%
6 months +18.6%-4.0%+7.2% +7.0%
Year to date +33.0%-8.1%+3.7% +12.2%
1 year +54.7%-3.9%+11.2% +13.0%
3 years +128.2%+100.8%+146.3% +86.3%
3 years, per year +31.7%+26.2%+35.1% +23.1%
5 years +72.6%+7.4%+99.1% +68.6%
5 years, per year +11.5%+1.4%+14.8% +11.0%
10 years +176.5%+199.6%+383.4% +258.0%
10 years, per year +10.7%+11.6%+17.1% +13.6%

Risk

MeasureTDBACJPMSPY
Volatility, 1Y 18.3%21.9%22.1% 12.7%
Downside volatility, 1Y 19.0%25.6%23.8% 12.7%
Beta vs S&P 500, 1Y 0.760.720.73 1.00
Return / volatility, 1Y 2.99-0.180.51 1.02
Max drawdown, 5Y -39.3%-49.0%-40.2% -25.4%
From 52-week high 0.0%-22.0%-8.5% -1.8%
52-week high $125.29$64.82$365.23 $779.14
52-week low $80.43$46.72$282.84 $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.

MultipleTDBACJPM
P/E now vs peer median 19.2xmedian 12.1x 11.2xmedian 12.1x 13.9xmedian 12.1x
P/S now vs peer median 4.5xmedian 3.4x 2.9xmedian 3.4x 4.4xmedian 3.4x
EV/EBITDA now vs peer median 10.0xmedian 5.0x 1.4xmedian 5.0x —median 5.0x
P/FCF now vs peer median 38.1xmedian 11.0x 3.7xmedian 11.0x -5.5xmedian 11.0x
P/B now vs peer median 2.3xmedian 1.2x 1.2xmedian 1.2x 2.4xmedian 1.2x
PEG now vs peer median 4.55median 1.36 1.40median 1.36 1.10median 1.36

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 monthsTDBACJPM
Revenue $46.75B $121.10B $203.15B
Operating income $3.46B – –
Net income $11.69B $33.66B –
Free cash flow $5.55B $94.74B –
EPS (diluted) $6.52 $4.41 $24.09
Cash & equivalents $4.86B $229.75B –
Total debt – $399.84B –
Shares (diluted) 1.73B 7.29B 2.69B
Enterprise value -$458.52B -$2.01T $904.60B

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
MetricTDBACJPM
P/E 19.2x 11.2x 13.9x
P/FCF 38.1x 3.7x -5.5x
P/Operating cash flow 38.1x 3.7x –
P/S 4.5x 2.9x 4.4x
P/B 2.3x 1.2x 2.4x
P/Tangible book 2.4x 1.2x 2.4x
EV/EBITDA 10.0x 1.4x –
EV/EBIT 14.8x 1.4x –
EV/Revenue 1.1x 1.4x 4.4x
EV/FCF 9.2x 1.8x –
EV/Operating cash flow 9.2x 1.8x –
PEG (3Y EPS CAGR) 4.55 1.40 1.10

Growth

14 metrics
MetricTDBACJPM
Revenue growth (1Y) -3.6% 9.7% 13.2%
Revenue CAGR (3Y) 5.7% 6.4% 9.7%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 17.4% – –
Operating income CAGR (3Y) 47.6% – –
Net income growth (1Y) -21.4% 20.5% –
Net income CAGR (3Y) 2.7% 4.2% –
EPS growth (1Y) -20.7% 27.5% 17.7%
EPS CAGR (3Y) 4.2% 8.0% 12.6%
Operating cash flow growth (1Y) -64.0% 517.8% –
Operating cash flow CAGR (3Y) 28.0% 28.5% –
Free cash flow growth (1Y) -64.0% 517.8% –
Free cash flow CAGR (3Y) 28.0% 28.5% –

Profitability

14 metrics
MetricTDBACJPM
Gross margin – – –
EBITDA margin 10.9% 99.4% –
Operating margin 7.4% – –
Pretax margin -66.0% 36.2% –
Net margin 24.1% 26.5% –
FCF margin 11.9% 78.2% –
Operating cash flow margin 11.9% 78.2% –
Return on equity 12.9% 11.2% –
Return on assets 0.8% 1.0% –
Return on invested capital – 13.1% –
Return on capital employed – – –
Asset turnover 0.0x 0.0x 0.0x
Cash conversion (OCF / net income) 0.5x 2.8x –
Stock comp / revenue – 3.4% –

Financial Health

11 metrics
MetricTDBACJPM
Debt / assets – 11.4% –
Debt / equity – 1.3x –
Net debt / EBITDA – -1.6x –
Debt / FCF – 4.2x –
Liabilities / assets 94.0% 91.4% 92.7%
Equity / assets 6.0% 8.6% 7.3%
Interest coverage 0.1x 1.6x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricTDBACJPM
Dividend yield 3.5% 2.3% 1.8%
Net buyback yield 2.4% 6.6% –
Shareholder yield 5.9% 8.9% 1.8%
Payout ratio (earnings) 48.3% 29.0% –
Payout ratio (FCF) 101.8% 10.3% –
Dividend growth (1Y) 4.6% 2.6% –
Dividend CAGR (3Y) 6.8% 3.5% –

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.

ConsensusTDBACJPM
Forward P/E 18.3xFY2026 11.2xFY2026 13.8xFY2026
EPS, next fiscal year $6.83FY2026 $4.52FY2026 $24.14FY2026
EPS growth, next FY +14.4%FY2026 +18.6%FY2026 +20.6%FY2026
EPS growth, the year after +9.4% +19.9% +2.7%
Revenue, next fiscal year $45.67BFY2026 $127.79BFY2026 $213.87BFY2026
Revenue growth, next FY +14.9%FY2026 +13.0%FY2026 +17.2%FY2026
Revenue growth, the year after +3.1% -2.4% -2.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTDBACJPM
Held by institutions 45.9% 75.0% 73.0%
Institutions holding 900 3,612 5,081
Change in shares held, QoQ -1.2% +0.7% +1.1%
Institutions buying 385 1,825 2,486
Institutions selling 304 1,342 2,060
Buyers to sellers 1.27 1.36 1.21

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.

TDBACJPM
TD 1.00 0.51 0.51
BAC 0.51 1.00 0.74
JPM 0.51 0.74 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TD, BAC and JPM?

Jpmorgan Chase (JPM) is the largest by market capitalisation: Toronto Dominion Bank (TD) $217.36B, Bank Of America (BAC) $362.71B, Jpmorgan Chase (JPM) $904.60B.

Which stock is cheaper, TD, BAC and JPM?

Bank Of America (BAC) trades on the lowest price-to-earnings ratio (Toronto Dominion Bank (TD) 19.3x, Bank Of America (BAC) 11.3x, Jpmorgan Chase (JPM) 13.9x). On next year's consensus earnings, Bank Of America (BAC) is cheapest (Toronto Dominion Bank (TD) 18.3x, Bank Of America (BAC) 11.2x, Jpmorgan Chase (JPM) 13.8x). 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: Toronto Dominion Bank (TD) -3.6%, Bank Of America (BAC) +9.7%, Jpmorgan Chase (JPM) +13.2%.

Which company is more profitable?

Bank Of America (BAC) has the highest net margin (Toronto Dominion Bank (TD) 24.1%, Bank Of America (BAC) 26.5%).

Which stock has performed better?

Over the past year Toronto Dominion Bank (TD) returned the most: Toronto Dominion Bank (TD) +54.7%, Bank Of America (BAC) -3.9%, Jpmorgan Chase (JPM) +11.2%. Over five years, Jpmorgan Chase (JPM) compounded fastest (Toronto Dominion Bank (TD) +11.5%/yr, Bank Of America (BAC) +1.4%/yr, Jpmorgan Chase (JPM) +14.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Bank Of America (BAC) has the highest dividend yield: Toronto Dominion Bank (TD) 0.03%, Bank Of America (BAC) 0.03%, Jpmorgan Chase (JPM) 0.00%. Jpmorgan Chase (JPM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Toronto Dominion Bank (TD) has been the steadiest (Toronto Dominion Bank (TD) 18.3%, Bank Of America (BAC) 21.9%, Jpmorgan Chase (JPM) 22.1%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bank Of America (BAC) leads on 5. 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.