Bank of Nova Scotia (BNS) Competitors C$71.37 -0.51 (-0.71%) As of 12:18 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesBuy This Stock BNS vs. RY, TD, BMO, FFH, KEY, BNC, BLX, HUT, SII, and BITFShould you be buying Bank of Nova Scotia stock or one of its competitors? The main competitors of Bank of Nova Scotia include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Montreal (BMO), Fairfax Financial (FFH), Keyera (KEY), Purpose Canadian Financial Income Fund Series ETF (BNC), Boralex (BLX), Hut 8 (HUT), Sprott (SII), and Bitfarms (BITF). These companies are all part of the "banking" industry. Bank of Nova Scotia vs. Royal Bank of Canada Toronto-Dominion Bank Bank of Montreal Fairfax Financial Keyera Purpose Canadian Financial Income Fund Series ETF Boralex Hut 8 Sprott Bitfarms Bank of Nova Scotia (TSE:BNS) and Royal Bank of Canada (TSE:RY) are both large-cap financial services companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, community ranking, profitability, earnings, dividends, institutional ownership, media sentiment, analyst recommendations and risk. Is BNS or RY a better dividend stock? Bank of Nova Scotia pays an annual dividend of C$4.24 per share and has a dividend yield of 5.9%. Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.2%. Bank of Nova Scotia pays out 67.0% of its earnings in the form of a dividend. Royal Bank of Canada pays out 49.5% 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. Does the media refer more to BNS or RY? In the previous week, Bank of Nova Scotia had 4 more articles in the media than Royal Bank of Canada. MarketBeat recorded 10 mentions for Bank of Nova Scotia and 6 mentions for Royal Bank of Canada. Royal Bank of Canada's average media sentiment score of 0.14 beat Bank of Nova Scotia's score of -0.20 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 1 Very Positive mention(s) 1 Positive mention(s) 3 Neutral mention(s) 2 Negative mention(s) 0 Very Negative mention(s) Neutral Royal Bank of Canada 0 Very Positive mention(s) 2 Positive mention(s) 1 Neutral mention(s) 2 Negative mention(s) 0 Very Negative mention(s) Neutral Do institutionals and insiders believe in BNS or RY? 51.1% of Bank of Nova Scotia shares are held by institutional investors. Comparatively, 52.5% of Royal Bank of Canada shares are held by institutional investors. 0.0% of Bank of Nova Scotia shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth. Is BNS or RY more profitable? Royal Bank of Canada has a net margin of 28.23% compared to Bank of Nova Scotia's net margin of 17.68%. Royal Bank of Canada's return on equity of 13.27% beat Bank of Nova Scotia's return on equity.Company Net Margins Return on Equity Return on Assets Bank of Nova Scotia17.68% 9.64% 0.55% Royal Bank of Canada 28.23%13.27%0.80% Which has stronger earnings & valuation, BNS or RY? 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 RatioBank of Nova ScotiaC$43.73B2.01C$7.73BC$6.3311.36Royal Bank of CanadaC$57.52B4.33C$16.24BC$11.4815.32 Do analysts recommend BNS or RY? Bank of Nova Scotia currently has a consensus target price of C$76.45, indicating a potential upside of 6.36%. Royal Bank of Canada has a consensus target price of C$179.83, indicating a potential upside of 2.28%. Given Bank of Nova Scotia's higher probable upside, equities 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) 9 Hold rating(s) 3 Buy rating(s) 1 Strong Buy rating(s) 2.38Royal Bank of Canada 0 Sell rating(s) 1 Hold rating(s) 5 Buy rating(s) 5 Strong Buy rating(s) 3.36 Does the MarketBeat Community prefer BNS or RY? Royal Bank of Canada received 268 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. Likewise, 58.26% of users gave Royal Bank of Canada an outperform vote while only 53.67% of users gave Bank of Nova Scotia an outperform vote. CompanyUnderperformOutperformBank of Nova ScotiaOutperform Votes49053.67% Underperform Votes42346.33% Royal Bank of CanadaOutperform Votes75858.26% Underperform Votes54341.74% Which has more risk & volatility, BNS or RY? Bank of Nova Scotia has a beta of 0.97, meaning that its stock price is 3% less volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. SummaryRoyal Bank of Canada beats Bank of Nova Scotia on 16 of the 21 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. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart BNS vs. The Competition Export to ExcelMetricBank of Nova ScotiaBanks IndustryFinancial SectorTSE ExchangeMarket CapC$88.08BC$102.34BC$5.36BC$5.98BDividend Yield5.83%3.77%4.18%6.32%P/E Ratio11.3613.7912.7630.02Price / Sales2.0179.121,758.46753.95Price / Cash0.200.1749.8283.71Price / Book1.051.151.354.00Net IncomeC$7.73BC$9.45BC$1.23BC$301.32M7 Day Performance0.71%1.88%7.22%1.88%1 Month Performance9.47%10.63%18.85%9.22%1 Year Performance8.56%44.42%13.25%15.37% Bank of Nova Scotia Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)BNSBank of Nova Scotia0.9058 of 5 starsC$71.37-0.7%C$76.45+7.1%+9.1%C$87.46BC$43.73B11.2891,000Analyst RevisionRYRoyal Bank of Canada1.8943 of 5 starsC$168.84+0.7%C$180.00+6.6%+21.0%C$238.91BC$57.52B14.7191,400TDToronto-Dominion Bank0.8777 of 5 starsC$88.47+0.5%C$88.75+0.3%+15.7%C$155.21BC$56.16B17.5393,700News CoverageAnalyst RevisionBMOBank of Montreal2.2701 of 5 starsC$142.15+2.5%C$144.85+1.9%+11.2%C$102.96BC$53.67B14.0346,700Analyst RevisionGap UpFFHFairfax Financial1.3589 of 5 starsC$2,195.00-0.2%C$2,446.43+11.5%+46.9%C$35.21BC$21.14B8.4019,300KEYKeyera0.9325 of 5 starsC$43.45-0.5%C$44.69+2.9%+16.8%C$10.01BC$7.53B22.3917,500BNCPurpose Canadian Financial Income Fund Series ETFN/AC$27.92+0.9%N/A+10.5%C$8.48BN/A0.00206,500BLXBoralex2.6074 of 5 starsC$31.63+0.8%C$40.25+27.3%-3.7%C$3.29BC$952.11M46.37180Trending NewsAnalyst RevisionHUTHut 8N/AC$21.66+11.9%N/A+88.1%C$1.44BC$142.55M5.30219Positive NewsSIISprott0.881 of 5 starsC$75.17-2.5%C$77.00+2.4%+25.2%C$1.34BC$114.38M29.29170Dividend AnnouncementHigh Trading VolumeBITFBitfarms2.0157 of 5 starsC$1.49flatC$3.75+151.7%-34.2%C$522.57MC$159.92M-3.35110Gap Up Related Companies and Tools Related Companies RY Competitors TD Competitors BMO Competitors FFH Competitors KEY Competitors BNC Competitors BLX Competitors HUT Competitors SII Competitors BITF Competitors Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (TSE:BNS) was last updated on 5/21/2025 by MarketBeat.com Staff From Our PartnersMarket Panic: Trump Just Dropped a Bomb on Your Stockstock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tarif...American Alternative | SponsoredGold Hits New Highs as Global Markets SpiralWhen Trump took office in 2017, gold was just $1,100 an ounce. By the time he left, it had soared to $1,839. ...Premier Gold Co | SponsoredWhite House to reset Social Security?Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon b...Altimetry | SponsoredThe Trump Dump is starting; Get out of stocks now?The first 365 days of the Trump presidency… Will be the best time to get rich in American history.Paradigm Press | SponsoredTrump’s treachery Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...Porter & Company | SponsoredSilicon Valley Gold RushA new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bil...Stansberry Research | SponsoredBuffett’s favorite chart just hit 209% – here’s what that means for goldA Historic Gold Announcement Is About to Rock Wall Street For months, sharp-eyed analysts have watched the ...Golden Portfolio | SponsoredEveryone’s watching Nvidia right now. Here’s why I’m excited.So, unless you’ve been living under a rock, you probably saw the news… Nvidia just signed a $7 BILLION deal...Timothy Sykes | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Bank of Nova Scotia Please log in to your account or sign up in order to add this asset to your watchlist. Share Bank of Nova Scotia With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Buy BNS Stock Free BNS Stock Alerts