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Bank of Nova Scotia (BNS) Competitors

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$51.56 -0.09 (-0.16%)
Closing price 03:59 PM Eastern
Extended Trading
$50.84 -0.72 (-1.40%)
As of 06:42 PM Eastern
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BNS vs. HSBC, HDB, RY, MUFG, C, IBN, SAN, TD, UBS, and SMFG

Should you be buying Bank of Nova Scotia stock or one of its competitors? The main competitors of Bank of Nova Scotia include HSBC (HSBC), HDFC Bank (HDB), Royal Bank of Canada (RY), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), Banco Santander (SAN), Toronto-Dominion Bank (TD), UBS Group (UBS), and Sumitomo Mitsui Financial Group (SMFG). These companies are all part of the "banking" industry.

Bank of Nova Scotia vs.

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

1.5% of HSBC shares are held by institutional investors. Comparatively, 49.1% of Bank of Nova Scotia shares are held by institutional investors. 0.0% of HSBC shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, HSBC had 13 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 26 mentions for HSBC and 13 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 0.89 beat HSBC's score of 0.61 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HSBC
14 Very Positive mention(s)
5 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
Bank of Nova Scotia
6 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

HSBC has higher revenue and earnings than Bank of Nova Scotia. HSBC 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
HSBC$68.12B3.08$23.53B$5.4510.89
Bank of Nova Scotia$34.49B1.86$5.70B$3.5414.57

HSBC has a net margin of 16.17% compared to Bank of Nova Scotia's net margin of 10.20%. HSBC's return on equity of 12.20% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
HSBC16.17% 12.20% 0.79%
Bank of Nova Scotia 10.20%11.56%0.61%

Bank of Nova Scotia has a consensus target price of $81.00, suggesting a potential upside of 57.08%. Given Bank of Nova Scotia's higher possible upside, analysts clearly believe Bank of Nova Scotia is more favorable than HSBC.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HSBC
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.60
Bank of Nova Scotia
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44

HSBC has a beta of 0.53, suggesting that its share price is 47% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500.

HSBC received 211 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. However, 63.29% of users gave Bank of Nova Scotia an outperform vote while only 58.23% of users gave HSBC an outperform vote.

CompanyUnderperformOutperform
HSBCOutperform Votes
966
58.23%
Underperform Votes
693
41.77%
Bank of Nova ScotiaOutperform Votes
755
63.29%
Underperform Votes
438
36.71%

HSBC pays an annual dividend of $1.98 per share and has a dividend yield of 3.3%. Bank of Nova Scotia pays an annual dividend of $2.94 per share and has a dividend yield of 5.7%. HSBC pays out 36.3% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 83.1% 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 Nova Scotia has raised 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.

Summary

HSBC beats Bank of Nova Scotia on 13 of the 22 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 {thisCompany.Symbol} 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 ScotiaState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$64.23B$3.24B$11.49B$19.37B
Dividend Yield5.73%3.69%5.46%3.84%
P/E Ratio11.9423.8022.4834.23
Price / Sales1.863.0827.2834.85
Price / Cash8.4510.6317.6217.51
Price / Book1.161.192.794.69
Net Income$5.70B$372.21M$1.04B$1.02B
7 Day Performance0.99%-2.08%0.34%-1.34%
1 Month Performance8.60%8.22%8.69%9.79%
1 Year Performance6.25%15.62%537.74%3.27%

Bank of Nova Scotia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
4.2525 of 5 stars
$51.57
-0.2%
$81.00
+57.1%
+7.4%$64.23B$34.49B11.9491,000News Coverage
Upcoming Earnings
Analyst Revision
HSBC
HSBC
2.5227 of 5 stars
$58.22
+2.6%
N/A+35.7%$205.80B$68.12B9.39219,000
HDB
HDFC Bank
2.8433 of 5 stars
$72.46
+2.8%
N/A+29.2%$183.50B$2.87T22.03141,600Positive News
RY
Royal Bank of Canada
4.2152 of 5 stars
$120.73
+0.4%
$156.50
+29.6%
+19.5%$170.43B$60.46B14.6291,400Trending News
Analyst Revision
High Trading Volume
MUFG
Mitsubishi UFJ Financial Group
3.4967 of 5 stars
$12.96
+3.4%
N/A+36.6%$156.34B$6.78T11.89135,000Positive News
Earnings Report
High Trading Volume
C
Citigroup
4.9568 of 5 stars
$74.84
+4.7%
$84.04
+12.3%
+20.0%$140.85B$81.60B12.58240,000Trending News
Analyst Forecast
IBN
ICICI Bank
2.1247 of 5 stars
$33.57
+3.9%
N/A+25.5%$119.58B$2.06T22.23105,800Stock Split
High Trading Volume
SAN
Banco Santander
4.0386 of 5 stars
$7.45
+0.6%
N/A+52.3%$112.81B$63.41B8.97206,500
TD
Toronto-Dominion Bank
3.5148 of 5 stars
$63.27
+0.1%
$80.50
+27.2%
+13.9%$109.82B$57.52B18.2393,700News Coverage
Positive News
Upcoming Earnings
Analyst Revision
UBS
UBS Group
3.6322 of 5 stars
$32.14
+2.0%
N/A+7.2%$103.05B$44.79B21.1472,600Trending News
High Trading Volume
SMFG
Sumitomo Mitsui Financial Group
3.7564 of 5 stars
$14.43
+1.6%
N/A+16.4%$93.39B$5.12T14.00101,000Earnings Report

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This page (NYSE:BNS) was last updated on 5/21/2025 by MarketBeat.com Staff
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