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Bank of Nova Scotia (BNS) Competitors

Bank of Nova Scotia logo
$77.03 -0.51 (-0.65%)
As of 02:47 PM Eastern
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BNS vs. BMO, CM, MFC, RY, and SLF

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), and Sun Life Financial (SLF). These companies are all part of the "finance" sector.

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

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

Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 4.1%. Bank Of Montreal pays an annual dividend of $4.80 per share and has a dividend yield of 3.1%. Bank of Nova Scotia pays out 65.7% of its earnings in the form of a dividend. Bank Of Montreal pays out 55.7% 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 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.

49.1% of Bank of Nova Scotia shares are owned by institutional investors. Comparatively, 45.8% of Bank Of Montreal 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 large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Bank of Nova Scotia had 2 more articles in the media than Bank Of Montreal. MarketBeat recorded 7 mentions for Bank of Nova Scotia and 5 mentions for Bank Of Montreal. Bank of Nova Scotia's average media sentiment score of 0.91 beat Bank Of Montreal's score of 0.87 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
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank Of Montreal
4 Very Positive mention(s)
0 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 target price of $106.00, indicating a potential upside of 37.62%. Bank Of Montreal has a consensus target price of $163.00, indicating a potential upside of 6.41%. Given Bank of Nova Scotia's stronger consensus rating and higher possible upside, equities research 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 Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Bank Of Montreal
1 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.33

Bank of Nova Scotia has a net margin of 12.40% compared to Bank Of Montreal's net margin of 11.76%. Bank of Nova Scotia's return on equity of 12.49% beat Bank Of Montreal's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia12.40% 12.49% 0.67%
Bank Of Montreal 11.76%12.16%0.66%

Bank of Nova Scotia has a beta of 1.13, indicating that its stock price is 13% more volatile than the S&P 500. Comparatively, Bank Of Montreal has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500.

Bank Of Montreal has higher revenue and earnings 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 Nova Scotia$52.70B1.80$5.56B$4.8116.01
Bank Of Montreal$55.92B1.92$6.22B$8.6117.79

Summary

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

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

Canadian Imperial Bank of Commerce (NYSE:CM) 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 analyst recommendations, institutional ownership, valuation, profitability, dividends, media sentiment, risk and earnings.

Canadian Imperial Bank of Commerce has a beta of 1.05, meaning that its share price is 5% more volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.13, meaning that its share price is 13% more volatile than the S&P 500.

In the previous week, Canadian Imperial Bank of Commerce had 2 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 9 mentions for Canadian Imperial Bank of Commerce and 7 mentions for Bank of Nova Scotia. Canadian Imperial Bank of Commerce's average media sentiment score of 1.04 beat Bank of Nova Scotia's score of 0.91 indicating that Canadian Imperial Bank of Commerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Imperial Bank of Commerce
7 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
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Canadian Imperial Bank of Commerce 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 Canadian Imperial Bank of Commerce, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Imperial Bank of Commerce$44.36B2.29$6.02B$6.8616.15
Bank of Nova Scotia$52.70B1.80$5.56B$4.8116.01

Canadian Imperial Bank of Commerce pays an annual dividend of $3.14 per share and has a dividend yield of 2.8%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 4.1%. Canadian Imperial Bank of Commerce pays out 45.8% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 65.7% 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. Canadian Imperial Bank of Commerce has raised its dividend for 14 consecutive years and Bank of Nova Scotia has raised its dividend for 14 consecutive years.

Canadian Imperial Bank of Commerce has a net margin of 15.15% compared to Bank of Nova Scotia's net margin of 12.40%. Canadian Imperial Bank of Commerce's return on equity of 15.69% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce15.15% 15.69% 0.81%
Bank of Nova Scotia 12.40%12.49%0.67%

Canadian Imperial Bank of Commerce currently has a consensus target price of $107.50, suggesting a potential downside of 2.95%. Bank of Nova Scotia has a consensus target price of $106.00, suggesting a potential upside of 37.62%. Given Bank of Nova Scotia's higher probable upside, analysts clearly believe Bank of Nova Scotia is more favorable than Canadian Imperial Bank of Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Imperial Bank of Commerce
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

Canadian Imperial Bank of Commerce beats Bank of Nova Scotia on 13 of the 17 factors compared between the two stocks.

How does Bank of Nova Scotia compare to Manulife Financial?

Manulife Financial (NYSE:MFC) 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 analyst recommendations, institutional ownership, valuation, profitability, dividends, media sentiment, risk and earnings.

Manulife Financial has a beta of 0.87, meaning that its share price is 13% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.13, meaning that its share price is 13% more volatile than the S&P 500.

Manulife Financial currently has a consensus target price of $51.50, suggesting a potential upside of 28.67%. Bank of Nova Scotia has a consensus target price of $106.00, suggesting a potential upside of 37.62%. 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
Manulife Financial
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.17
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 pays an annual dividend of $1.42 per share and has a dividend yield of 3.5%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 4.1%. Manulife Financial pays out 64.0% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 65.7% 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. Manulife Financial has raised its dividend for 12 consecutive years and 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.

In the previous week, Manulife Financial had 3 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 10 mentions for Manulife Financial and 7 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 0.91 beat Manulife Financial's score of 0.67 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
Manulife Financial
3 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank of Nova Scotia has lower revenue, but higher earnings 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
Manulife Financial$53.01B1.26$4.14B$2.2218.03
Bank of Nova Scotia$52.70B1.80$5.56B$4.8116.01

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

Bank of Nova Scotia has a net margin of 12.40% compared to Manulife Financial's net margin of 9.18%. Manulife Financial's return on equity of 16.43% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Manulife Financial9.18% 16.43% 0.75%
Bank of Nova Scotia 12.40%12.49%0.67%

Summary

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

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

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

In the previous week, Royal Bank Of Canada had 5 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 12 mentions for Royal Bank Of Canada and 7 mentions for Bank of Nova Scotia. Royal Bank Of Canada's average media sentiment score of 1.06 beat Bank of Nova Scotia's score of 0.91 indicating that Royal Bank Of Canada is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of Nova Scotia
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank Of Canada
8 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank of Nova Scotia has a beta of 1.13, indicating that its stock price is 13% more volatile than the S&P 500. Comparatively, Royal Bank Of Canada has a beta of 0.8, indicating that its stock price is 20% less volatile than the S&P 500.

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
Bank of Nova Scotia$52.70B1.80$5.56B$4.8116.01
Royal Bank Of Canada$98.11B2.58$14.54B$10.4517.31

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

Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 4.1%. Royal Bank Of Canada pays an annual dividend of $4.72 per share and has a dividend yield of 2.6%. Bank of Nova Scotia pays out 65.7% of its earnings in the form of a dividend. Royal Bank Of Canada pays out 45.2% 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 increased its dividend for 14 consecutive years and Royal Bank Of Canada has increased its dividend for 15 consecutive years.

Bank of Nova Scotia currently has a consensus target price of $106.00, suggesting a potential upside of 37.62%. Royal Bank Of Canada has a consensus target price of $162.00, suggesting a potential downside of 10.45%. Given Bank of Nova Scotia's higher probable upside, equities research analysts plainly 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
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
0 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.79

Royal Bank Of Canada has a net margin of 15.28% compared to Bank of Nova Scotia's net margin of 12.40%. Royal Bank Of Canada's return on equity of 17.12% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia12.40% 12.49% 0.67%
Royal Bank Of Canada 15.28%17.12%0.94%

Summary

Royal Bank Of Canada beats Bank of Nova Scotia on 14 of the 18 factors compared between the two stocks.

How does Bank of Nova Scotia compare to Sun Life Financial?

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

Sun Life Financial presently has a consensus price target of $86.50, indicating a potential upside of 22.70%. Bank of Nova Scotia has a consensus price target of $106.00, indicating a potential upside of 37.62%. Given Bank of Nova Scotia's higher probable upside, analysts plainly believe Bank of Nova Scotia is more favorable than Sun Life Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sun Life Financial
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.58
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Sun Life Financial has a beta of 0.91, suggesting that its stock price is 9% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.13, suggesting that its stock price is 13% more volatile than the S&P 500.

52.3% of Sun Life Financial 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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Sun Life Financial pays an annual dividend of $2.82 per share and has a dividend yield of 4.0%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 4.1%. Sun Life Financial pays out 72.7% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 65.7% 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. Sun Life Financial has raised its dividend for 11 consecutive years and 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sun Life Financial$35.87B1.09$2.68B$3.8818.17
Bank of Nova Scotia$52.70B1.80$5.56B$4.8116.01

Bank of Nova Scotia has a net margin of 12.40% compared to Sun Life Financial's net margin of 7.85%. Sun Life Financial's return on equity of 17.78% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Sun Life Financial7.85% 17.78% 1.10%
Bank of Nova Scotia 12.40%12.49%0.67%

In the previous week, Sun Life Financial had 11 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 18 mentions for Sun Life Financial and 7 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 0.91 beat Sun Life Financial's score of 0.70 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
Sun Life Financial
3 Very Positive mention(s)
3 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
3 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Bank of Nova Scotia beats Sun Life Financial on 11 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$94.68B$77.85B$13.49B$22.94B
Dividend Yield4.08%3.33%5.75%4.02%
P/E Ratio16.0210.2523.2829.04
Price / Sales1.804.55178.9224.71
Price / Cash12.2610.9020.3019.21
Price / Book1.701.642.224.66
Net Income$5.56B$7.27B$1.11B$1.07B
7 Day PerformanceN/AN/AN/A-0.81%
1 Month Performance5.70%-0.97%2.26%4.28%
1 Year Performance53.44%34.38%13.17%29.36%

Bank of Nova Scotia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
4.9948 of 5 stars
$77.03
-0.7%
$106.00
+37.6%
+54.4%$94.68B$52.70B16.0286,431
BMO
Bank Of Montreal
4.2134 of 5 stars
$149.90
-1.7%
$163.00
+8.7%
+53.5%$106.88B$55.92B17.4153,234
CM
Canadian Imperial Bank of Commerce
3.8694 of 5 stars
$109.90
-2.0%
$107.50
-2.2%
+73.1%$102.98B$44.36B16.0249,824
MFC
Manulife Financial
4.9065 of 5 stars
$38.51
-1.5%
$51.50
+33.7%
+29.5%$65.38B$43.63B17.3537,000
RY
Royal Bank Of Canada
3.928 of 5 stars
$177.90
-0.9%
$162.00
-8.9%
+51.3%$250.94B$98.11B17.0296,628

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This page (NYSE:BNS) was last updated on 5/11/2026 by MarketBeat.com Staff.
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