BNS vs. HDB, HSBC, RY, MUFG, IBN, C, TD, SAN, 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 HDFC Bank (HDB), HSBC (HSBC), Royal Bank of Canada (RY), Mitsubishi UFJ Financial Group (MUFG), ICICI Bank (IBN), Citigroup (C), Toronto-Dominion Bank (TD), Banco Santander (SAN), UBS Group (UBS), and Sumitomo Mitsui Financial Group (SMFG). These companies are all part of the "banking" industry.
Bank of Nova Scotia vs.
HDFC Bank (NYSE:HDB) and Bank of Nova Scotia (NYSE:BNS) are both large-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, analyst recommendations, media sentiment, institutional ownership, community ranking and earnings.
Bank of Nova Scotia has a consensus target price of $81.00, suggesting a potential upside of 62.06%. Given Bank of Nova Scotia's higher probable upside, analysts plainly believe Bank of Nova Scotia is more favorable than HDFC Bank.
HDFC Bank has a net margin of 14.64% compared to Bank of Nova Scotia's net margin of 10.20%. HDFC Bank's return on equity of 12.19% beat Bank of Nova Scotia's return on equity.
In the previous week, HDFC Bank had 7 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 14 mentions for HDFC Bank and 7 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 1.16 beat HDFC Bank's score of 0.97 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.
HDFC Bank has higher revenue and earnings than Bank of Nova Scotia. Bank of Nova Scotia is trading at a lower price-to-earnings ratio than HDFC Bank, indicating that it is currently the more affordable of the two stocks.
HDFC Bank pays an annual dividend of $0.66 per share and has a dividend yield of 0.9%. Bank of Nova Scotia pays an annual dividend of $2.94 per share and has a dividend yield of 5.9%. HDFC Bank pays out 20.0% 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.
17.6% of HDFC Bank shares are owned by institutional investors. Comparatively, 49.1% of Bank of Nova Scotia shares are owned by institutional investors. 1.0% of HDFC Bank shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
HDFC Bank has a beta of 0.68, meaning that its stock price is 32% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500.
Bank of Nova Scotia received 323 more outperform votes than HDFC Bank when rated by MarketBeat users. However, 68.46% of users gave HDFC Bank an outperform vote while only 63.29% of users gave Bank of Nova Scotia an outperform vote.
Summary
HDFC Bank beats Bank of Nova Scotia on 12 of the 22 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NYSE:BNS) was last updated on 5/1/2025 by MarketBeat.com Staff
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