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 Bank Posts Record Q1 Earnings Amid Cost-Cutting Push and Shareholder Returns
- Adjusted earnings surged 16% to $4.2 billion as U.S. Banking momentum accelerated with record Bankcard digital sales and robust wealth management growth, while the bank cited margin expansion and robust trading income gains
- Disciplined capital deployment included completing an $8 billion stock buyback and launching a new $7 billion repurchase program, plus raising the quarterly dividend to $1.08 per share, signaling management confidence in earnings power
- Restructuring program concluded with total charges exceeding initial guidance, but the bank locked in $775 million in fully realized annual savings from workforce optimization and cost base reset, positioning for improved operating leverage going forward
BBVA Powers Through Share Buyback Milestone as 2025 Profits Hit Record Highs
- Completed first buyback phase March 2-6, repurchasing 1.31% of share capital via J.P. Morgan, signaling confidence in undervaluation and commitment to returning cash to investors.
- 2025 net profit soared to €10.51 billion—a 4.5% jump—with ROTE at 19.3% and CET1 ratio steady at 12.7%, fueled by 11.5 million new clients, 66% digital.
- Announced €5.25 billion dividend, up 31%, as management touts 2026 outperformance with profitability targeting 20% under a bold strategic roadmap to 2028.
TD Bank Posts Record Q1 Earnings Amid Cost-Cutting Push and Shareholder Returns
- Adjusted earnings surged 16% to $4.2 billion as U.S. Banking momentum accelerated with record Bankcard digital sales and robust wealth management growth, while the bank cited margin expansion and robust trading income gains
- Disciplined capital deployment included completing an $8 billion stock buyback and launching a new $7 billion repurchase program, plus raising the quarterly dividend to $1.08 per share, signaling management confidence in earnings power
- Restructuring program concluded with total charges exceeding initial guidance, but the bank locked in $775 million in fully realized annual savings from workforce optimization and cost base reset, positioning for improved operating leverage going forward
BBVA Powers Through Share Buyback Milestone as 2025 Profits Hit Record Highs
- Completed first buyback phase March 2-6, repurchasing 1.31% of share capital via J.P. Morgan, signaling confidence in undervaluation and commitment to returning cash to investors.
- 2025 net profit soared to €10.51 billion—a 4.5% jump—with ROTE at 19.3% and CET1 ratio steady at 12.7%, fueled by 11.5 million new clients, 66% digital.
- Announced €5.25 billion dividend, up 31%, as management touts 2026 outperformance with profitability targeting 20% under a bold strategic roadmap to 2028.
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
TD Bank Group's next earnings release is expected on May 28, 2026, covering the second quarter of fiscal 2026. This date aligns with the company's historical reporting schedule, as indicated by multiple analyst tracking sources. The earnings report will include key metrics such as earnings per share and revenue figures, which analysts currently project at $2.16 and $14.11 billion respectively for Q2 2026.
BBVA (BBVA) Next Earnings Date
BBVA's next earnings date is April 30, 2026, when the company will release results for the first quarter of 2026. The earnings presentation and conference call are scheduled to follow the release. Based on the company's historical reporting pattern, this timing aligns with BBVA's typical quarterly earnings schedule.
TD (TD) Next Earnings Date
TD Bank Group's next earnings release is expected on May 28, 2026, covering the second quarter of fiscal 2026. This date aligns with the company's historical reporting schedule, as indicated by multiple analyst tracking sources. The earnings report will include key metrics such as earnings per share and revenue figures, which analysts currently project at $2.16 and $14.11 billion respectively for Q2 2026.
BBVA (BBVA) Next Earnings Date
BBVA's next earnings date is April 30, 2026, when the company will release results for the first quarter of 2026. The earnings presentation and conference call are scheduled to follow the release. Based on the company's historical reporting pattern, this timing aligns with BBVA's typical quarterly earnings schedule.
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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