BMO vs. BNS, CM, NA, TD, TRI, MFC, SLF, IFC, GWO, and POW
Should you be buying Bank of Montreal stock or one of its competitors? The main competitors of Bank of Montreal include Bank of Nova Scotia (BNS), Canadian Imperial Bank of Commerce (CM), National Bank of Canada (NA), Toronto-Dominion Bank (TD), Thomson Reuters (TRI), Manulife Financial (MFC), Sun Life Financial (SLF), Intact Financial (IFC), Great-West Lifeco (GWO), and Power Co. of Canada (POW). These companies are all part of the "finance" sector.
Bank of Montreal vs.
Bank of Montreal (TSE:BMO) and Bank of Nova Scotia (TSE:BNS) are both large-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, risk, profitability, institutional ownership, valuation, analyst recommendations, community ranking and media sentiment.
Bank of Montreal has higher revenue and earnings than Bank of Nova Scotia. 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.
In the previous week, Bank of Montreal and Bank of Montreal both had 3 articles in the media. Bank of Montreal's average media sentiment score of 0.60 beat Bank of Nova Scotia's score of 0.48 indicating that Bank of Montreal is being referred to more favorably in the media.
Bank of Montreal presently has a consensus target price of C$149.16, indicating a potential upside of 28.58%. Bank of Nova Scotia has a consensus target price of C$78.09, indicating a potential upside of 18.59%. Given Bank of Montreal's stronger consensus rating and higher possible upside, equities research analysts plainly believe Bank of Montreal is more favorable than Bank of Nova Scotia.
Bank of Montreal received 138 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. However, 58.27% of users gave Bank of Nova Scotia an outperform vote while only 52.83% of users gave Bank of Montreal an outperform vote.
Bank of Montreal has a net margin of 40.56% compared to Bank of Nova Scotia's net margin of 30.69%. Bank of Montreal's return on equity of 21.06% beat Bank of Nova Scotia's return on equity.
Bank of Montreal has a beta of 1.13, meaning that its stock price is 13% more volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 0.94, meaning that its stock price is 6% less volatile than the S&P 500.
54.5% of Bank of Montreal shares are owned by institutional investors. Comparatively, 51.1% of Bank of Nova Scotia shares are owned by institutional investors. 0.0% of Bank of Montreal shares are owned by company insiders. Comparatively, 0.0% of Bank of Nova Scotia shares are owned by company 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 Montreal pays an annual dividend of C$5.72 per share and has a dividend yield of 4.9%. Bank of Nova Scotia pays an annual dividend of C$4.12 per share and has a dividend yield of 6.3%. Bank of Montreal pays out 28.6% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 56.2% 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.
Summary
Bank of Montreal beats Bank of Nova Scotia on 14 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding BMO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of TSE 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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Bank of Montreal Competitors List