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Bank of Nova Scotia (BNS) Competitors

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$80.07 +0.28 (+0.35%)
Closing price 05/29/2026 03:59 PM Eastern
Extended Trading
$80.03 -0.04 (-0.05%)
As of 05/29/2026 05:10 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, CM, MFC, RY, and SLF

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

45.8% of Bank Of Montreal shares are held by institutional investors. Comparatively, 49.1% of Bank of Nova Scotia 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 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 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 0.94, meaning that its share price is 6% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.13, meaning that its share price is 13% more volatile than the broader market.

Bank Of Montreal presently has a consensus price target of $163.00, indicating a potential upside of 0.58%. Bank of Nova Scotia has a consensus price target of $117.00, indicating a potential upside of 46.12%. Given Bank of Nova Scotia's stronger consensus rating and higher possible upside, 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 Montreal
1 Sell rating(s)
8 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.23
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Bank of Nova Scotia had 2 more articles in the media than Bank Of Montreal. MarketBeat recorded 22 mentions for Bank of Nova Scotia and 20 mentions for Bank Of Montreal. Bank of Nova Scotia's average media sentiment score of 1.09 beat Bank Of Montreal's score of 0.91 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
9 Very Positive mention(s)
1 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
14 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank Of Montreal pays an annual dividend of $4.80 per share and has a dividend yield of 3.0%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 3.9%. Bank Of Montreal pays out 51.0% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.3% 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 raised its dividend for 4 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 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 Montreal$55.92B2.03$6.22B$9.4217.20
Bank of Nova Scotia$52.70B1.86$5.56B$5.2415.28

Summary

Bank of Nova Scotia beats Bank Of Montreal on 10 of the 18 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 superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability, media sentiment and analyst recommendations.

Canadian Imperial Bank of Commerce has higher earnings, but lower revenue 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
Canadian Imperial Bank of Commerce$44.36B2.24$6.02B$7.2814.95
Bank of Nova Scotia$52.70B1.86$5.56B$5.2415.28

Canadian Imperial Bank of Commerce has a beta of 1.05, indicating that its share price is 5% more volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.13, indicating that its share price is 13% more volatile than the broader market.

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 16.43% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce15.84% 16.43% 0.85%
Bank of Nova Scotia 13.38%13.16%0.70%

Canadian Imperial Bank of Commerce currently has a consensus target price of $113.00, suggesting a potential upside of 3.82%. Bank of Nova Scotia has a consensus target price of $117.00, suggesting a potential upside of 46.12%. 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)
3 Buy rating(s)
1 Strong Buy rating(s)
2.71
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 pays an annual dividend of $3.14 per share and has a dividend yield of 2.9%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 3.9%. Canadian Imperial Bank of Commerce pays out 43.1% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.3% 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. Canadian Imperial Bank of Commerce has increased its dividend for 14 consecutive years and Bank of Nova Scotia has increased its dividend for 14 consecutive years.

In the previous week, Canadian Imperial Bank of Commerce had 11 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 33 mentions for Canadian Imperial Bank of Commerce and 22 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 1.09 beat Canadian Imperial Bank of Commerce's score of 0.95 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
Canadian Imperial Bank of Commerce
14 Very Positive mention(s)
9 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Bank of Nova Scotia
14 Very Positive mention(s)
1 Positive mention(s)
5 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 large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Canadian Imperial Bank of Commerce beats Bank of Nova Scotia on 12 of the 18 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 superior stock? We will compare the two companies based on the strength of their earnings, media sentiment, risk, institutional ownership, profitability, analyst recommendations, valuation and dividends.

Manulife Financial has a beta of 0.87, indicating that its share price is 13% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.13, indicating that its share price is 13% more 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
Manulife Financial10.19% 16.58% 0.75%
Bank of Nova Scotia 13.38%13.16%0.70%

Bank of Nova Scotia has higher revenue and earnings than Manulife Financial. Manulife Financial 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
Manulife Financial$43.63B1.46$4.14B$2.5215.16
Bank of Nova Scotia$52.70B1.86$5.56B$5.2415.28

In the previous week, Bank of Nova Scotia had 20 more articles in the media than Manulife Financial. MarketBeat recorded 22 mentions for Bank of Nova Scotia and 2 mentions for Manulife Financial. Bank of Nova Scotia's average media sentiment score of 1.09 beat Manulife Financial's score of 0.00 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
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bank of Nova Scotia
14 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Manulife Financial pays an annual dividend of $1.42 per share and has a dividend yield of 3.7%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 3.9%. Manulife Financial pays out 56.3% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.3% 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. 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.

Manulife Financial currently has a consensus price target of $51.50, suggesting a potential upside of 34.76%. Bank of Nova Scotia has a consensus price target of $117.00, suggesting a potential upside of 46.12%. Given Bank of Nova Scotia's higher probable upside, analysts plainly 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)
2 Strong Buy rating(s)
3.29
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

Bank of Nova Scotia beats Manulife Financial on 12 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 better business? We will compare the two businesses based on the strength of their earnings, media sentiment, profitability, dividends, analyst recommendations, risk, valuation and institutional ownership.

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$98.11B2.71$14.54B$11.1317.06
Bank of Nova Scotia$52.70B1.86$5.56B$5.2415.28

Royal Bank Of Canada has a beta of 0.8, meaning that its share price is 20% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.13, meaning that its share price is 13% more volatile than the broader market.

Royal Bank Of Canada presently has a consensus price target of $162.00, indicating a potential downside of 14.70%. Bank of Nova Scotia has a consensus price target of $117.00, indicating a potential upside of 46.12%. 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)
10 Buy rating(s)
0 Strong Buy rating(s)
2.71
Bank of Nova Scotia
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Royal Bank Of Canada had 3 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 25 mentions for Royal Bank Of Canada and 22 mentions for Bank of Nova Scotia. Royal Bank Of Canada's average media sentiment score of 1.13 beat Bank of Nova Scotia's score of 1.09 indicating that Royal Bank Of Canada is being referred to more favorably in the media.

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

Royal Bank Of Canada pays an annual dividend of $4.72 per share and has a dividend yield of 2.5%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 3.9%. Royal Bank Of Canada pays out 42.4% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.3% 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 raised its dividend for 15 consecutive years and Bank of Nova Scotia has raised its dividend for 14 consecutive years.

45.3% of Royal Bank Of Canada 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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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 17.83% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank Of Canada15.92% 17.83% 0.98%
Bank of Nova Scotia 13.38%13.16%0.70%

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

In the previous week, Bank of Nova Scotia had 18 more articles in the media than Sun Life Financial. MarketBeat recorded 22 mentions for Bank of Nova Scotia and 4 mentions for Sun Life Financial. Bank of Nova Scotia's average media sentiment score of 1.09 beat Sun Life Financial's score of 0.60 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
1 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
14 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$29.99B1.33$2.68B$3.8818.54
Bank of Nova Scotia$52.70B1.86$5.56B$5.2415.28

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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Sun Life Financial presently has a consensus target price of $86.50, indicating a potential upside of 20.27%. Bank of Nova Scotia has a consensus target price of $117.00, indicating a potential upside of 46.12%. Given Bank of Nova Scotia's higher possible 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, meaning that its share price is 9% less volatile than the broader market. Comparatively, Bank of Nova Scotia has a beta of 1.13, meaning that its share price is 13% more volatile than the broader market.

Bank of Nova Scotia has a net margin of 13.38% compared to Sun Life Financial's net margin of 7.85%. Sun Life Financial's return on equity of 17.80% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Sun Life Financial7.85% 17.80% 1.09%
Bank of Nova Scotia 13.38%13.16%0.70%

Sun Life Financial pays an annual dividend of $2.83 per share and has a dividend yield of 3.9%. Bank of Nova Scotia pays an annual dividend of $3.16 per share and has a dividend yield of 3.9%. Sun Life Financial pays out 72.9% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 60.3% 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. Sun Life Financial has increased its dividend for 11 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.

Summary

Bank of Nova Scotia beats Sun Life Financial on 12 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$98.20B$78.36B$13.57B$22.74B
Dividend Yield3.95%3.36%5.77%4.08%
P/E Ratio15.2810.2824.0030.62
Price / Sales1.864.57147.3115.47
Price / Cash12.6610.9520.2425.14
Price / Book1.711.612.164.79
Net Income$5.56B$7.50B$1.13B$1.07B
7 Day Performance0.36%1.77%0.72%1.14%
1 Month Performance2.82%1.56%0.51%1.26%
1 Year Performance49.42%30.67%12.62%28.06%

Bank of Nova Scotia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
4.9566 of 5 stars
$80.07
+0.4%
$117.00
+46.1%
+49.4%$98.20B$52.70B15.2886,431
BMO
Bank Of Montreal
4.0927 of 5 stars
$161.10
+0.1%
$163.00
+1.2%
+50.9%$112.80B$55.92B18.7153,234
CM
Canadian Imperial Bank of Commerce
3.9354 of 5 stars
$115.56
+0.1%
$107.50
-7.0%
+60.2%$106.05B$44.36B16.8549,824
MFC
Manulife Financial
4.5702 of 5 stars
$38.56
+0.1%
$51.50
+33.6%
+20.0%$64.30B$43.63B15.3037,000
RY
Royal Bank Of Canada
4.3226 of 5 stars
$189.67
0.0%
$162.00
-14.6%
+49.9%$265.16B$98.11B18.1596,628

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This page (NYSE:BNS) was last updated on 5/31/2026 by MarketBeat.com Staff.
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