Bank of Nova Scotia (BNS) Competitors $53.61 +0.19 (+0.36%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends BNS vs. RY, HSBC, HDB, MUFG, C, IBN, UBS, SMFG, TD, and SANShould 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), HSBC (HSBC), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), UBS Group (UBS), Sumitomo Mitsui Financial Group (SMFG), Toronto-Dominion Bank (TD), and Banco Santander (SAN). These companies are all part of the "banking" industry. Bank of Nova Scotia vs. Royal Bank of Canada HSBC HDFC Bank Mitsubishi UFJ Financial Group Citigroup ICICI Bank UBS Group Sumitomo Mitsui Financial Group Toronto-Dominion Bank Banco Santander Royal Bank of Canada (NYSE:RY) and Bank of Nova Scotia (NYSE: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 risk, dividends, institutional ownership, earnings, valuation, media sentiment, profitability, community ranking and analyst recommendations. Is RY or BNS a better dividend stock? Royal Bank of Canada pays an annual dividend of $4.37 per share and has a dividend yield of 3.6%. Bank of Nova Scotia pays an annual dividend of $3.13 per share and has a dividend yield of 5.8%. Royal Bank of Canada pays out 52.9% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 72.5% 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. Which has more risk and volatility, RY or BNS? Royal Bank of Canada has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Do insiders and institutionals hold more shares of RY or BNS? 45.3% of Royal Bank of Canada 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. Does the media favor RY or BNS? In the previous week, Royal Bank of Canada had 34 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 42 mentions for Royal Bank of Canada and 8 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 0.55 beat Royal Bank of Canada's score of 0.51 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 Royal Bank of Canada 9 Very Positive mention(s) 8 Positive mention(s) 23 Neutral mention(s) 2 Negative mention(s) 0 Very Negative mention(s) Positive Bank of Nova Scotia 4 Very Positive mention(s) 0 Positive mention(s) 3 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Positive Is RY or BNS more profitable? Royal Bank of Canada has a net margin of 12.08% compared to Bank of Nova Scotia's net margin of 10.20%. Royal Bank of Canada's return on equity of 15.26% beat Bank of Nova Scotia's return on equity.Company Net Margins Return on Equity Return on Assets Royal Bank of Canada12.08% 15.26% 0.84% Bank of Nova Scotia 10.20%11.56%0.61% Which has better earnings & valuation, RY or BNS? 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 RatioRoyal Bank of Canada$57.49B2.97$11.92B$8.2614.62Bank of Nova Scotia$33.62B1.99$5.70B$4.3212.41 Does the MarketBeat Community believe in RY or BNS? Royal Bank of Canada received 7 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. However, 63.50% of users gave Bank of Nova Scotia an outperform vote while only 55.26% of users gave Royal Bank of Canada an outperform vote. CompanyUnderperformOutperformRoyal Bank of CanadaOutperform Votes76255.26% Underperform Votes61744.74% Bank of Nova ScotiaOutperform Votes75563.50% Underperform Votes43436.50% Do analysts rate RY or BNS? Royal Bank of Canada currently has a consensus target price of $156.50, indicating a potential upside of 29.64%. Bank of Nova Scotia has a consensus target price of $72.00, indicating a potential upside of 34.30%. Given Bank of Nova Scotia's higher probable 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) 1 Hold rating(s) 5 Buy rating(s) 1 Strong Buy rating(s) 3.00Bank of Nova Scotia 0 Sell rating(s) 3 Hold rating(s) 5 Buy rating(s) 1 Strong Buy rating(s) 2.78 SummaryRoyal Bank of Canada beats Bank of Nova Scotia on 12 of the 18 factors compared between the two stocks. Ad Crypto Swap ProfitsURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.>> Register for the Workshop Now 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 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.Skip Chart BNS vs. The Competition Export to ExcelMetricBank of Nova ScotiaState commercial banks IndustryFinance SectorNYSE ExchangeMarket Cap$66.75B$3.10B$10.30B$19.19BDividend Yield5.66%3.51%10.51%3.57%P/E Ratio12.4116.5746.8741.24Price / Sales1.993.333,166.1117.58Price / Cash9.2311.2830.7121.28Price / Book1.211.262.695.32Net Income$5.70B$406.76M$1.03B$989.67M7 Day Performance-3.26%-4.70%-2.68%-3.59%1 Month Performance-4.78%-3.88%-2.17%-2.48%1 Year Performance14.94%16.28%11.67%13.87% Bank of Nova Scotia Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)BNSBank of Nova Scotia4.5652 of 5 stars$53.61+0.4%$72.00+34.3%+14.9%$66.75B$33.62B12.4189,483RYRoyal Bank of Canada4.7831 of 5 stars$124.51+0.0%$156.50+25.7%+22.0%$176.02B$98.71B15.0791,398Analyst UpgradeNews CoverageHSBCHSBC1.7113 of 5 stars$48.68+0.2%N/A+23.4%$175.39B$64.26B8.05220,861HDBHDFC Bank2.6099 of 5 stars$66.88-0.2%N/A-2.0%$169.36B$2.36T20.36213,527MUFGMitsubishi UFJ Financial Group3.1451 of 5 stars$12.00-0.7%N/A+38.9%$139.89B$82.36B11.75140,000Gap DownCCitigroup4.9838 of 5 stars$71.44+0.6%$75.63+5.9%+38.2%$135.11B$80.41B20.68239,000IBNICICI Bank1.6525 of 5 stars$31.43+0.7%N/A+26.5%$110.88B$1.83T21.23187,765Stock SplitUBSUBS Group2.0156 of 5 stars$31.80-0.2%N/A-1.8%$101.96B$65.28B26.48112,842Positive NewsSMFGSumitomo Mitsui Financial Group2.8763 of 5 stars$14.67-1.5%N/A+53.6%$95.95B$5.00T12.63120,000TDToronto-Dominion Bank4.501 of 5 stars$53.03-0.4%$80.50+51.8%-16.2%$92.82B$88.27B15.35103,257Analyst DowngradeSANBanco Santander3.9361 of 5 stars$4.88-0.6%N/A+11.4%$77.23B$62.14B6.14212,764 Related Companies and Tools Related Companies Royal Bank of Canada Competitors HSBC Competitors HDFC Bank Competitors Mitsubishi UFJ Financial Group Competitors Citigroup Competitors ICICI Bank Competitors UBS Group Competitors Sumitomo Mitsui Financial Group Competitors Toronto-Dominion Bank Competitors Banco Santander Competitors Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (NYSE:BNS) was last updated on 12/21/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. 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