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Toronto Dominion Bank vs U.S. Bancorp

Toronto Dominion Bank is the larger business, with $48.41bn of revenue in fiscal 2025 against $28.66bn for U.S. Bancorp (1.7 times as much). Toronto Dominion Bank grew faster (15.1% against 4.4%). Toronto Dominion Bank kept more of each dollar of sales as profit: a net margin of 30.3% against 26.4%.

Latest fiscal yearToronto Dominion BankTD, 2025U.S. BancorpUSB, 2025
Revenue $48.41bn $28.66bn
Revenue growth 15.1% 4.4%
Net income $14.67bn $7.57bn
Operating margin — —
Net margin 30.3% 26.4%
Return on equity 16.9% 12.2%
Free cash flow — —
Cash $5.36bn $46.89bn
Total debt $0 $77.93bn
Debt to equity 0.0% —
Dividend per share — $2.04
Dividend yield — —
Share buybacks — $489m
Employees — 68,520
Market value $210.57bn $95.79bn
Price vs our value range — —
Moat score — 76 (Strong)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 7 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.