TD vs BBVA
TD vs BBVA: This page compares the two banks’ business models, financial performance, and market context in a neutral, accessible manner. It outlines how each organisation approaches growth, risk, and customer engagement within their respective markets, without implying investment guidance or recommendations. Educational content, not financial advice.
TD vs BBVA: This page compares the two banks’ business models, financial performance, and market context in a neutral, accessible manner. It outlines how each organisation approaches growth, risk, and...
Why It's Moving
TD Secures Green Light for $7B Share Buyback, Signaling Strong Capital Confidence
- TSX and OSFI approved the new normal course issuer bid on January 16, allowing TD to buy back up to 61 million shares starting January 20, replacing the recently completed $8B program at an average price of $99.74 per share.
- Institutional moves highlight ongoing appeal: Bank of New York Mellon boosted its TD stake by 2.9% in Q3 to $136.4M, while Norges Bank launched a $1.54B position.
- Recent dividend hike to $1.08 quarterly (4.6% yield) paid January 31 bolsters income appeal, even as some funds like AGF trimmed holdings by 2.4%.
BBVA Accelerates Share Buyback, Signaling Confidence in Steady Capital Strength
- Buyback progress hits 641.99 million euros spent via J.P. Morgan SE, covering 42.8% of the first tranche's authorized amount and underscoring disciplined execution.
- Repurchases spanned five trading days ending January 30, reflecting consistent momentum in BBVA's strategy to return value to shareholders.
- Short interest jumped 59.6% in January to 2.41 million shares, yet remains low at just 0.0% of float, pointing to limited bearish bets despite mixed analyst views.
TD Secures Green Light for $7B Share Buyback, Signaling Strong Capital Confidence
- TSX and OSFI approved the new normal course issuer bid on January 16, allowing TD to buy back up to 61 million shares starting January 20, replacing the recently completed $8B program at an average price of $99.74 per share.
- Institutional moves highlight ongoing appeal: Bank of New York Mellon boosted its TD stake by 2.9% in Q3 to $136.4M, while Norges Bank launched a $1.54B position.
- Recent dividend hike to $1.08 quarterly (4.6% yield) paid January 31 bolsters income appeal, even as some funds like AGF trimmed holdings by 2.4%.
BBVA Accelerates Share Buyback, Signaling Confidence in Steady Capital Strength
- Buyback progress hits 641.99 million euros spent via J.P. Morgan SE, covering 42.8% of the first tranche's authorized amount and underscoring disciplined execution.
- Repurchases spanned five trading days ending January 30, reflecting consistent momentum in BBVA's strategy to return value to shareholders.
- Short interest jumped 59.6% in January to 2.41 million shares, yet remains low at just 0.0% of float, pointing to limited bearish bets despite mixed analyst views.
Investment Analysis
TD
TD
Pros
- TD operates a diversified business model spanning Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management, Insurance, and Wholesale Banking, reducing concentration risk.
- The bank has strong profitability with a net income of $14.69 billion and an EPS of 8.44, supported by consistent loan growth and projected net interest income increase.
- TD maintains a solid dividend yield of 3.66%, providing income appeal, with several analysts recommending a buy and a price target implying approximately 29% upside.
Considerations
- Analyst price forecasts for TD in 2025 show mixed signals, with some predicting a slight share price decline due to near-term volatility and uncertain macro conditions.
- TD faces increased expenses due to anti-money laundering regulatory compliance, which could weigh on earnings and make 2025 operationally challenging.
- Its stock price has a beta of 1.0, indicating market-level volatility exposure, which may add risk during economic downturns or financial sector disruptions.
BBVA
BBVA
Pros
- BBVA is trading significantly below its estimated fair value by over 20%, indicating potential upside relative to its intrinsic valuation using discounted cash flow models.
- The bank has a strong earnings momentum and is forecasted to continue improving capital returns, supporting long-term profitability growth.
- BBVA's profitability is solid with a PE ratio around 9.6 and earnings of €10.12 billion, suggesting efficient operational performance relative to the sector.
Considerations
- BBVA’s PEG ratio of 2.8 indicates the stock may be somewhat overvalued on growth-adjusted terms despite current undervaluation based on price to earnings.
- The bank operates in regions that may have regulatory and macroeconomic volatility, which could introduce execution risk and impact financial results.
- BBVA's valuation metrics show mixed signals with a fair price estimate below current market price, possibly reflecting investor caution or sector risk.
Related Market Insights
Banking On Shareholder Returns: The Capital Return Revolution
Discover how major banks like BofA, Citi, and USB are boosting shareholder returns via buybacks & dividends. Invest in this capital return revolution with Nemo.
Aimee Silverwood | Financial Analyst
July 24, 2025
Related Market Insights
Banking On Shareholder Returns: The Capital Return Revolution
Discover how major banks like BofA, Citi, and USB are boosting shareholder returns via buybacks & dividends. Invest in this capital return revolution with Nemo.
Aimee Silverwood | Financial Analyst
July 24, 2025
TD (TD) Next Earnings Date
Toronto-Dominion Bank (TD)'s next earnings date is estimated for February 26, 2026, covering the Q1 fiscal 2026 period ending in January. This date aligns with the company's historical quarterly reporting pattern, following the prior Q4 release around early December 2025. Investors should monitor official announcements, as the exact timing remains unconfirmed.
BBVA (BBVA) Next Earnings Date
BBVA's next earnings date is February 5, 2026, covering the 4Q25 period, with presentation scheduled at 9:30 Madrid time. This follows the company's confirmed financial calendar, as the current date precedes the release. The earnings call is set for early morning ET, aligning with pre-market reporting patterns.
TD (TD) Next Earnings Date
Toronto-Dominion Bank (TD)'s next earnings date is estimated for February 26, 2026, covering the Q1 fiscal 2026 period ending in January. This date aligns with the company's historical quarterly reporting pattern, following the prior Q4 release around early December 2025. Investors should monitor official announcements, as the exact timing remains unconfirmed.
BBVA (BBVA) Next Earnings Date
BBVA's next earnings date is February 5, 2026, covering the 4Q25 period, with presentation scheduled at 9:30 Madrid time. This follows the company's confirmed financial calendar, as the current date precedes the release. The earnings call is set for early morning ET, aligning with pre-market reporting patterns.
Which Baskets Do They Appear In?
Banking On Shareholder Returns
Bank of America's new $40 billion stock buyback program highlights a broader trend of major financial institutions returning capital to shareholders. This theme identifies other large banks that may follow suit, offering similar buyback or dividend-based value.
Published: July 24, 2025
Explore BasketWhich Baskets Do They Appear In?
Banking On Shareholder Returns
Bank of America's new $40 billion stock buyback program highlights a broader trend of major financial institutions returning capital to shareholders. This theme identifies other large banks that may follow suit, offering similar buyback or dividend-based value.
Published: July 24, 2025
Explore BasketBuy TD or BBVA in Nemo
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