BNS vs. HSBC, HDB, RY, MUFG, C, TD, SAN, IBN, 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), Toronto Dominion Bank (TD), Banco Santander (SAN), ICICI Bank (IBN), UBS Group (UBS), and Sumitomo Mitsui Financial Group (SMFG). These companies are all part of the "banking" industry.
Bank of Nova Scotia vs. Its Competitors
Bank of Nova Scotia (NYSE:BNS) and HSBC (NYSE:HSBC) are both large-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, earnings, valuation, profitability, dividends, media sentiment and institutional ownership.
49.1% of Bank of Nova Scotia shares are owned by institutional investors. Comparatively, 1.5% of HSBC shares are owned by institutional investors. 0.0% of HSBC shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Bank of Nova Scotia has a beta of 1.12, suggesting that its stock price is 12% more volatile than the S&P 500. Comparatively, HSBC has a beta of 0.57, suggesting that its stock price is 43% less volatile than the S&P 500.
Bank of Nova Scotia currently has a consensus target price of $81.00, indicating a potential upside of 46.87%. HSBC has a consensus target price of $63.00, indicating a potential upside of 3.69%. Given Bank of Nova Scotia's higher possible upside, equities research analysts clearly believe Bank of Nova Scotia is more favorable than HSBC.
HSBC has a net margin of 14.55% compared to Bank of Nova Scotia's net margin of 8.83%. HSBC's return on equity of 12.55% beat Bank of Nova Scotia's return on equity.
In the previous week, HSBC had 10 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 15 mentions for HSBC and 5 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 1.14 beat HSBC's score of 0.61 indicating that Bank of Nova Scotia is being referred to more favorably in the media.
Bank of Nova Scotia pays an annual dividend of $3.23 per share and has a dividend yield of 5.9%. HSBC pays an annual dividend of $1.98 per share and has a dividend yield of 3.3%. Bank of Nova Scotia pays out 94.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. HSBC pays out 36.3% of its earnings in the form of a dividend. 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.
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.
Summary
HSBC beats Bank of Nova Scotia 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.
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.
Bank of Nova Scotia Competitors List
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This page (NYSE:BNS) was last updated on 7/5/2025 by MarketBeat.com Staff
