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Bank of Nova Scotia (BNS) Competitors

Bank of Nova Scotia logo
$64.64 -0.16 (-0.24%)
Closing price 03:59 PM Eastern
Extended Trading
$64.40 -0.25 (-0.39%)
As of 07:24 PM Eastern
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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 Nova Scotia (NYSE:BNS) and Bank Of Montreal (NYSE:BMO) are both large-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, valuation, analyst recommendations, risk, media sentiment, earnings, dividends and institutional ownership.

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 an annual dividend of $4.79 per share and has a dividend yield of 3.7%. 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 pays out 58.6% of its earnings in the form of a dividend. Bank of Nova Scotia has raised its dividend for 14 consecutive years and Bank Of Montreal has raised its dividend for 4 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 Nova Scotia has a beta of 1.16, indicating that its share price is 16% more volatile than the S&P 500. Comparatively, Bank Of Montreal has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500.

Bank of Nova Scotia has higher earnings, but lower revenue 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 Nova Scotia$55.90B1.43$5.70B$3.7217.38
Bank Of Montreal$58.27B1.59$5.38B$8.1715.87

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

In the previous week, Bank of Nova Scotia had 7 more articles in the media than Bank Of Montreal. MarketBeat recorded 14 mentions for Bank of Nova Scotia and 7 mentions for Bank Of Montreal. Bank of Nova Scotia's average media sentiment score of 1.28 beat Bank Of Montreal's score of 1.21 indicating that Bank of Nova Scotia is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of Nova Scotia
9 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank Of Montreal
5 Very Positive mention(s)
2 Positive mention(s)
0 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 Nova Scotia9.74% 11.61% 0.62%
Bank Of Montreal 11.00%10.57%0.57%

Bank of Nova Scotia presently has a consensus target price of $86.00, suggesting a potential upside of 33.03%. Bank Of Montreal has a consensus target price of $168.00, suggesting a potential upside of 29.54%. Given Bank of Nova Scotia's higher probable upside, equities 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 Nova Scotia
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44
Bank Of Montreal
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.63

Summary

Bank of Nova Scotia beats Bank Of Montreal on 12 of the 20 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$80.39B$70.48B$12.66B$21.52B
Dividend Yield4.99%3.50%5.42%3.49%
P/E Ratio17.3819.93236.2927.40
Price / Sales1.434.3730.9053.00
Price / Cash10.719.8222.2324.68
Price / Book1.431.402.324.54
Net Income$5.70B$6.73B$1.01B$999.97M
7 Day Performance1.25%0.05%0.41%1.44%
1 Month Performance13.87%0.08%3.06%4.66%
1 Year Performance22.99%39.86%541.74%14.11%

Bank of Nova Scotia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
4.4796 of 5 stars
$64.65
-0.2%
$86.00
+33.0%
+23.1%$80.39B$55.90B17.3888,488Positive News
BMO
Bank Of Montreal
4.9838 of 5 stars
$127.82
+1.2%
$168.00
+31.4%
+49.5%$91.56B$58.27B15.6453,597Positive News
CM
Canadian Imperial Bank of Commerce
4.9373 of 5 stars
$79.63
+0.6%
$107.50
+35.0%
+30.4%$74.02B$47.09B13.4548,552Positive News
MFC
Manulife Financial
4.9197 of 5 stars
$32.32
+1.4%
$48.50
+50.0%
+11.3%$54.77B$38.90B14.4337,000Positive News
Short Interest ↓
RY
Royal Bank Of Canada
4.9128 of 5 stars
$145.36
+0.8%
$177.50
+22.1%
+18.5%$204.26B$98.71B15.3594,838Positive News
Short Interest ↓
SLF
Sun Life Financial
4.8281 of 5 stars
$59.69
+0.8%
$88.00
+47.4%
+4.0%$33.55B$33.39B14.7731,768Positive News
TD
Toronto Dominion Bank
4.2002 of 5 stars
$77.64
+1.1%
$93.00
+19.8%
+23.7%$132.61B$88.27B9.07102,190Positive News
HSBC
HSBC
1.8915 of 5 stars
$69.40
+1.1%
$63.00
-9.2%
+57.7%$240.85B$141.75B13.74211,304Dividend Increase
MUFG
Mitsubishi UFJ Financial Group
3.2115 of 5 stars
$15.65
+0.5%
N/A+48.8%$188.86B$89.51B14.49150,800Positive News
C
Citigroup
4.9084 of 5 stars
$99.89
+0.5%
$96.96
-2.9%
+72.5%$183.89B$170.76B14.75239,000Trending News
Analyst Downgrade
HDB
HDFC Bank
2.049 of 5 stars
$35.04
-0.1%
N/A+11.9%$178.78B$2.50T21.50214,521Positive News
Short Interest ↑

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This page (NYSE:BNS) was last updated on 9/17/2025 by MarketBeat.com Staff
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