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Bank of Nova Scotia (BNS) Competitors

Bank of Nova Scotia logo
$64.22 -1.16 (-1.77%)
Closing price 10/7/2025 03:59 PM Eastern
Extended Trading
$63.90 -0.31 (-0.48%)
As of 10/7/2025 07:23 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

BNS vs. BMO, CM, MFC, RY, SLF, TD, HSBC, MUFG, C, and HDB

Should you be buying Bank of Nova Scotia stock or one of its competitors? The main competitors of Bank of Nova Scotia include Bank Of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), Manulife Financial (MFC), Royal Bank Of Canada (RY), Sun Life Financial (SLF), Toronto Dominion Bank (TD), HSBC (HSBC), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), and HDFC Bank (HDB).

Bank of Nova Scotia vs. Its Competitors

Bank Of Montreal (NYSE:BMO) and Bank of Nova Scotia (NYSE:BNS) are both large-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, media sentiment, valuation, risk, earnings, profitability, institutional ownership and analyst recommendations.

In the previous week, Bank Of Montreal and Bank Of Montreal both had 6 articles in the media. Bank Of Montreal's average media sentiment score of 1.09 beat Bank of Nova Scotia's score of 0.97 indicating that Bank Of Montreal is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank Of Montreal
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank Of Montreal has a net margin of 11.00% compared to Bank of Nova Scotia's net margin of 9.74%. Bank of Nova Scotia's return on equity of 11.61% beat Bank Of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank Of Montreal11.00% 10.57% 0.57%
Bank of Nova Scotia 9.74%11.61%0.62%

45.8% of Bank Of Montreal shares are held by institutional investors. Comparatively, 49.1% of Bank of Nova Scotia shares are held by institutional investors. 1.0% of Bank Of Montreal shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Bank of Nova Scotia has lower revenue, but higher earnings than Bank Of Montreal. Bank Of Montreal is trading at a lower price-to-earnings ratio than Bank of Nova Scotia, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank Of Montreal$58.27B1.58$5.38B$8.1715.76
Bank of Nova Scotia$55.90B1.43$5.70B$3.7217.26

Bank Of Montreal has a beta of 1.03, suggesting that its stock price is 3% more volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500.

Bank Of Montreal pays an annual dividend of $4.79 per share and has a dividend yield of 3.7%. Bank of Nova Scotia pays an annual dividend of $3.23 per share and has a dividend yield of 5.0%. Bank Of Montreal pays out 58.6% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 86.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Bank Of Montreal has increased its dividend for 4 consecutive years and Bank of Nova Scotia has increased its dividend for 14 consecutive years. Bank of Nova Scotia is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Bank Of Montreal presently has a consensus target price of $163.00, indicating a potential upside of 26.63%. Bank of Nova Scotia has a consensus target price of $86.00, indicating a potential upside of 33.93%. Given Bank of Nova Scotia's higher probable upside, analysts plainly believe Bank of Nova Scotia is more favorable than Bank Of Montreal.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank Of Montreal
0 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.56
Bank of Nova Scotia
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Bank of Nova Scotia beats Bank Of Montreal on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BNS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BNS vs. The Competition

MetricBank of Nova ScotiaBANKS IndustryFinance SectorNYSE Exchange
Market Cap$81.10B$69.53B$12.73B$22.14B
Dividend Yield4.95%3.60%5.52%3.57%
P/E Ratio17.2619.8930.2029.64
Price / Sales1.434.4030.1595.37
Price / Cash10.809.7422.6624.65
Price / Book1.441.392.294.61
Net Income$5.70B$6.73B$1.02B$1.01B
7 Day Performance-0.61%-0.75%0.23%-0.14%
1 Month Performance0.44%0.09%0.27%2.28%
1 Year Performance22.62%37.42%539.31%14.59%

Bank of Nova Scotia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
4.3351 of 5 stars
$64.22
-1.8%
$86.00
+33.9%
+21.7%$81.10B$55.90B17.2688,488Positive News
BMO
Bank Of Montreal
4.9269 of 5 stars
$129.32
+0.2%
$163.00
+26.0%
+41.6%$92.45B$58.27B15.8353,597
CM
Canadian Imperial Bank of Commerce
4.7157 of 5 stars
$81.66
+0.2%
$107.50
+31.6%
+36.4%$75.91B$47.09B13.7948,552
MFC
Manulife Financial
4.9857 of 5 stars
$32.29
+1.0%
$48.50
+50.2%
+7.5%$54.72B$38.90B14.4237,000Analyst Forecast
RY
Royal Bank Of Canada
4.9219 of 5 stars
$147.05
+0.1%
$177.50
+20.7%
+19.9%$206.66B$98.71B15.5394,838Positive News
Short Interest ↓
SLF
Sun Life Financial
4.9807 of 5 stars
$61.10
+1.3%
$88.00
+44.0%
+5.7%$37.55B$28.32B15.1231,768Positive News
Analyst Forecast
TD
Toronto Dominion Bank
4.3597 of 5 stars
$81.24
+0.0%
$93.00
+14.5%
+26.9%$138.17B$88.27B9.49102,190
HSBC
HSBC
2.322 of 5 stars
$71.49
-1.0%
$63.00
-11.9%
+54.8%$248.11B$141.75B14.16211,304Trending News
Dividend Increase
MUFG
Mitsubishi UFJ Financial Group
3.2404 of 5 stars
$15.55
-1.3%
N/A+46.5%$187.65B$89.51B14.40150,800
C
Citigroup
4.9348 of 5 stars
$98.02
+0.3%
$99.68
+1.7%
+56.1%$180.45B$170.76B14.48239,000Trending News
Upcoming Earnings
Analyst Revision
HDB
HDFC Bank
2.1464 of 5 stars
$34.79
+1.6%
N/A+17.3%$177.48B$2.50T21.34214,521Positive News

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This page (NYSE:BNS) was last updated on 10/8/2025 by MarketBeat.com Staff
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