Go Pro

Bank of Nova Scotia (BNS) Competitors

Bank of Nova Scotia logo
$87.80 -0.04 (-0.05%)
Closing price 03:59 PM Eastern
Extended Trading
$86.85 -0.95 (-1.08%)
As of 05:15 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 Massive. Learn more.

BNS vs. BMO, BN, CM, MFC, and RY

Should you buy Bank of Nova Scotia stock or one of its competitors? MarketBeat compares Bank of Nova Scotia with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Bank of Nova Scotia include Bank Of Montreal (BMO), Brookfield (BN), Canadian Imperial Bank of Commerce (CM), Manulife Financial (MFC), and Royal Bank Of Canada (RY). These companies are all part of the "finance" sector.

How does Bank of Nova Scotia compare to Bank Of Montreal?

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 compare the two companies based on the strength of their institutional ownership, risk, valuation, analyst recommendations, media sentiment, earnings, dividends and profitability.

45.8% of Bank Of Montreal shares are owned by institutional investors. Comparatively, 49.1% of Bank of Nova Scotia shares are owned by institutional investors. 1.0% of Bank Of Montreal shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank Of Montreal$37.54B3.35$6.22B$9.4219.06
Bank of Nova Scotia$38.40B2.80$5.56B$5.2416.76

Bank Of Montreal pays an annual dividend of $4.81 per share and has a dividend yield of 2.7%. Bank of Nova Scotia pays an annual dividend of $3.21 per share and has a dividend yield of 3.7%. Bank Of Montreal pays out 51.1% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 61.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. 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, suggesting a potential downside of 9.20%. Bank of Nova Scotia has a consensus target price of $117.00, suggesting a potential upside of 33.26%. Given Bank of Nova Scotia's stronger consensus rating and higher probable upside, analysts clearly 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
1 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.31
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Bank of Nova Scotia has a net margin of 13.38% compared to Bank Of Montreal's net margin of 12.60%. Bank of Nova Scotia's return on equity of 13.16% beat Bank Of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank Of Montreal12.60% 13.04% 0.70%
Bank of Nova Scotia 13.38%13.16%0.70%

Bank Of Montreal has a beta of 0.93, meaning that its stock price is 7% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.11, meaning that its stock price is 11% more volatile than the broader market.

In the previous week, Bank Of Montreal and Bank Of Montreal both had 13 articles in the media. Bank of Nova Scotia's average media sentiment score of 1.46 beat Bank Of Montreal's score of 1.21 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
Bank Of Montreal
8 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
12 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Bank of Nova Scotia beats Bank Of Montreal on 10 of the 17 factors compared between the two stocks.

How does Bank of Nova Scotia compare to Brookfield?

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

Bank of Nova Scotia pays an annual dividend of $3.21 per share and has a dividend yield of 3.7%. Brookfield pays an annual dividend of $0.28 per share and has a dividend yield of 0.7%. Bank of Nova Scotia pays out 61.3% of its earnings in the form of a dividend. Brookfield pays out 54.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of Nova Scotia has raised its dividend for 14 consecutive years and Brookfield has raised its dividend for 2 consecutive years. Bank of Nova Scotia is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

49.1% of Bank of Nova Scotia shares are held by institutional investors. Comparatively, 61.6% of Brookfield shares are held by institutional investors. 11.0% of Brookfield shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Bank of Nova Scotia has a net margin of 13.38% compared to Brookfield's net margin of 1.76%. Bank of Nova Scotia's return on equity of 13.16% beat Brookfield's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia13.38% 13.16% 0.70%
Brookfield 1.76%3.86%1.20%

Bank of Nova Scotia currently has a consensus target price of $117.00, indicating a potential upside of 33.26%. Brookfield has a consensus target price of $56.64, indicating a potential upside of 33.11%. Given Bank of Nova Scotia's higher probable upside, research analysts plainly believe Bank of Nova Scotia is more favorable than Brookfield.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Brookfield
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.00

In the previous week, Brookfield had 7 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 20 mentions for Brookfield and 13 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 1.46 beat Brookfield's score of 1.38 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
12 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Brookfield
16 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank of Nova Scotia has a beta of 1.11, suggesting that its share price is 11% more volatile than the broader market. Comparatively, Brookfield has a beta of 1.54, suggesting that its share price is 54% more volatile than the broader market.

Bank of Nova Scotia has higher earnings, but lower revenue than Brookfield. Bank of Nova Scotia is trading at a lower price-to-earnings ratio than Brookfield, 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$38.40B2.80$5.56B$5.2416.76
Brookfield$75.74B1.38$1.31B$0.5183.43

Summary

Brookfield beats Bank of Nova Scotia on 11 of the 20 factors compared between the two stocks.

How does Bank of Nova Scotia compare to Canadian Imperial Bank of Commerce?

Bank of Nova Scotia (NYSE:BNS) and Canadian Imperial Bank of Commerce (NYSE:CM) are both large-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, media sentiment, valuation, earnings, institutional ownership, analyst recommendations, risk and dividends.

49.1% of Bank of Nova Scotia shares are owned by institutional investors. Comparatively, 49.9% of Canadian Imperial Bank of Commerce shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Bank of Nova Scotia presently has a consensus price target of $117.00, suggesting a potential upside of 33.26%. Canadian Imperial Bank of Commerce has a consensus price target of $167.00, suggesting a potential upside of 40.88%. Given Canadian Imperial Bank of Commerce's stronger consensus rating and higher probable upside, analysts plainly believe Canadian Imperial Bank of Commerce is more favorable than Bank of Nova Scotia.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Canadian Imperial Bank of Commerce
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

Bank of Nova Scotia pays an annual dividend of $3.21 per share and has a dividend yield of 3.7%. Canadian Imperial Bank of Commerce pays an annual dividend of $3.10 per share and has a dividend yield of 2.6%. Bank of Nova Scotia pays out 61.3% of its earnings in the form of a dividend. Canadian Imperial Bank of Commerce pays out 42.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of Nova Scotia has raised its dividend for 14 consecutive years and Canadian Imperial Bank of Commerce has raised its dividend for 14 consecutive years.

Canadian Imperial Bank of Commerce has a net margin of 15.84% compared to Bank of Nova Scotia's net margin of 13.38%. Canadian Imperial Bank of Commerce's return on equity of 16.31% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia13.38% 13.16% 0.70%
Canadian Imperial Bank of Commerce 15.84%16.31%0.84%

Canadian Imperial Bank of Commerce has lower revenue, but higher earnings than Bank of Nova Scotia. Canadian Imperial Bank of Commerce 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$38.40B2.80$5.56B$5.2416.76
Canadian Imperial Bank of Commerce$31.06B3.48$6.02B$7.2816.28

Bank of Nova Scotia has a beta of 1.11, indicating that its stock price is 11% more volatile than the broader market. Comparatively, Canadian Imperial Bank of Commerce has a beta of 1.02, indicating that its stock price is 2% more volatile than the broader market.

In the previous week, Bank of Nova Scotia had 3 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 13 mentions for Bank of Nova Scotia and 10 mentions for Canadian Imperial Bank of Commerce. Bank of Nova Scotia's average media sentiment score of 1.46 beat Canadian Imperial Bank of Commerce's score of 1.35 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
12 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canadian Imperial Bank of Commerce
8 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Canadian Imperial Bank of Commerce beats Bank of Nova Scotia on 11 of the 17 factors compared between the two stocks.

How does Bank of Nova Scotia compare to Manulife Financial?

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

Bank of Nova Scotia pays an annual dividend of $3.21 per share and has a dividend yield of 3.7%. Manulife Financial pays an annual dividend of $1.43 per share and has a dividend yield of 3.2%. Bank of Nova Scotia pays out 61.3% of its earnings in the form of a dividend. Manulife Financial pays out 56.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of Nova Scotia has raised its dividend for 14 consecutive years and Manulife Financial has raised its dividend for 12 consecutive years. Bank of Nova Scotia is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Bank of Nova Scotia had 2 more articles in the media than Manulife Financial. MarketBeat recorded 13 mentions for Bank of Nova Scotia and 11 mentions for Manulife Financial. Bank of Nova Scotia's average media sentiment score of 1.46 beat Manulife Financial's score of 1.46 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
12 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Manulife Financial
9 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank of Nova Scotia presently has a consensus price target of $117.00, suggesting a potential upside of 33.26%. Manulife Financial has a consensus price target of $51.50, suggesting a potential upside of 15.89%. Given Bank of Nova Scotia's higher probable upside, analysts clearly believe Bank of Nova Scotia is more favorable than Manulife Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Manulife Financial
1 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.88

49.1% of Bank of Nova Scotia shares are held by institutional investors. Comparatively, 52.6% of Manulife Financial shares are held by institutional investors. 0.0% of Manulife Financial shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Bank of Nova Scotia has a beta of 1.11, indicating that its stock price is 11% more volatile than the broader market. Comparatively, Manulife Financial has a beta of 0.84, indicating that its stock price is 16% less volatile than the broader market.

Bank of Nova Scotia has a net margin of 13.38% compared to Manulife Financial's net margin of 10.19%. Manulife Financial's return on equity of 16.58% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia13.38% 13.16% 0.70%
Manulife Financial 10.19%16.58%0.75%

Bank of Nova Scotia has higher earnings, but lower revenue than Manulife Financial. Bank of Nova Scotia is trading at a lower price-to-earnings ratio than Manulife Financial, 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$38.40B2.80$5.56B$5.2416.76
Manulife Financial$43.63B1.69$4.14B$2.5217.63

Summary

Bank of Nova Scotia and Manulife Financial tied by winning 10 of the 20 factors compared between the two stocks.

How does Bank of Nova Scotia compare to Royal Bank Of Canada?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank Of Canada$69.51B4.18$14.54B$11.1318.82
Bank of Nova Scotia$38.40B2.80$5.56B$5.2416.76

Royal Bank Of Canada presently has a consensus price target of $225.00, suggesting a potential upside of 7.43%. Bank of Nova Scotia has a consensus price target of $117.00, suggesting a potential upside of 33.26%. Given Bank of Nova Scotia's higher possible upside, analysts clearly believe Bank of Nova Scotia is more favorable than Royal Bank Of Canada.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank Of Canada
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.79
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Royal Bank Of Canada pays an annual dividend of $4.95 per share and has a dividend yield of 2.4%. Bank of Nova Scotia pays an annual dividend of $3.21 per share and has a dividend yield of 3.7%. Royal Bank Of Canada pays out 44.5% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 61.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Royal Bank Of Canada has increased its dividend for 15 consecutive years and Bank of Nova Scotia has increased its dividend for 14 consecutive years.

Royal Bank Of Canada has a net margin of 15.92% compared to Bank of Nova Scotia's net margin of 13.38%. Royal Bank Of Canada's return on equity of 17.68% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank Of Canada15.92% 17.68% 0.97%
Bank of Nova Scotia 13.38%13.16%0.70%

Royal Bank Of Canada has a beta of 0.8, suggesting that its stock price is 20% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.11, suggesting that its stock price is 11% more volatile than the broader market.

45.3% of Royal Bank Of Canada shares are held by institutional investors. Comparatively, 49.1% of Bank of Nova Scotia shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Royal Bank Of Canada had 6 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 19 mentions for Royal Bank Of Canada and 13 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 1.46 beat Royal Bank Of Canada's score of 1.31 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
Royal Bank Of Canada
15 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
12 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Royal Bank Of Canada beats Bank of Nova Scotia on 14 of the 19 factors compared between the two stocks.

Get Bank of Nova Scotia News Delivered to You Automatically

Sign up to receive the latest news and ratings for BNS and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

BNS vs. The Competition

MetricBank of Nova ScotiaBanks IndustryFinance SectorNYSE Exchange
Market Cap$107.55B$23.48B$13.88B$23.67B
Dividend Yield3.63%3.22%5.96%4.19%
P/E Ratio16.7627.4428.4230.76
Price / Sales2.809.80469.15157.98
Price / Cash13.6016.0152.4531.18
Price / Book1.931.383.674.64
Net Income$5.56B$2.58B$1.31B$1.07B
7 Day Performance0.88%0.88%4.01%0.33%
1 Month Performance1.05%2.74%0.47%1.26%
1 Year Performance57.75%29.73%12.54%17.39%

Bank of Nova Scotia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
4.798 of 5 stars
$87.80
0.0%
$117.00
+33.3%
+56.9%$107.55B$38.40B16.7686,431
BMO
Bank Of Montreal
3.8353 of 5 stars
$180.11
+0.8%
$163.00
-9.5%
+60.8%$126.11B$37.54B19.1153,234
BN
Brookfield
4.7817 of 5 stars
$42.75
+1.7%
$56.64
+32.5%
-6.5%$104.73B$75.74B83.77250,000
CM
Canadian Imperial Bank of Commerce
4.9336 of 5 stars
$118.99
+0.6%
$167.00
+40.3%
+64.7%$108.56B$31.06B16.3449,824
MFC
Manulife Financial
4.8404 of 5 stars
$44.82
+0.6%
$51.50
+14.9%
+45.1%$74.47B$43.63B17.7837,000

Related Companies and Tools


This page (NYSE:BNS) was last updated on 7/31/2026 by MarketBeat.com Staff.
From Our Partners