Bank of Nova Scotia (BNS) Competitors $56.30 +0.17 (+0.30%) (As of 11/20/2024 ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends BNS vs. RY, HDB, MUFG, C, IBN, UBS, HSBC, TD, SMFG, 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), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), UBS Group (UBS), HSBC (HSBC), Toronto-Dominion Bank (TD), Sumitomo Mitsui Financial Group (SMFG), and Banco Santander (SAN). These companies are all part of the "banking" industry. Bank of Nova Scotia vs. Royal Bank of Canada HDFC Bank Mitsubishi UFJ Financial Group Citigroup ICICI Bank UBS Group HSBC Toronto-Dominion Bank Sumitomo Mitsui Financial Group Banco Santander Bank of Nova Scotia (NYSE:BNS) and Royal Bank of Canada (NYSE:RY) are both large-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, risk, media sentiment, analyst recommendations, community ranking and institutional ownership. Does the MarketBeat Community prefer BNS or RY? Bank of Nova Scotia received 10 more outperform votes than Royal Bank of Canada when rated by MarketBeat users. Likewise, 63.61% of users gave Bank of Nova Scotia an outperform vote while only 55.19% of users gave Royal Bank of Canada an outperform vote. CompanyUnderperformOutperformBank of Nova ScotiaOutperform Votes75563.61% Underperform Votes43236.39% Royal Bank of CanadaOutperform Votes74555.19% Underperform Votes60544.81% Which has preferable valuation & earnings, 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 Scotia$52.53B1.33$5.49B$4.1813.47Royal Bank of Canada$87.48B1.97$11.02B$8.2714.73 Do analysts rate BNS or RY? Bank of Nova Scotia currently has a consensus price target of $69.00, suggesting a potential upside of 22.56%. Royal Bank of Canada has a consensus price target of $142.50, suggesting a potential upside of 17.00%. Given Bank of Nova Scotia's higher possible upside, equities 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 Bank of Nova Scotia 1 Sell rating(s) 2 Hold rating(s) 5 Buy rating(s) 1 Strong Buy rating(s) 2.67Royal Bank of Canada 0 Sell rating(s) 2 Hold rating(s) 5 Buy rating(s) 1 Strong Buy rating(s) 2.88 Does the media refer more to BNS or RY? In the previous week, Bank of Nova Scotia and Bank of Nova Scotia both had 18 articles in the media. Bank of Nova Scotia's average media sentiment score of 1.00 beat Royal Bank of Canada's score of 0.63 indicating that Bank of Nova Scotia is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Bank of Nova Scotia 7 Very Positive mention(s) 3 Positive mention(s) 4 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Royal Bank of Canada 10 Very Positive mention(s) 1 Positive mention(s) 4 Neutral mention(s) 1 Negative mention(s) 1 Very Negative mention(s) Positive Do institutionals & insiders hold more shares of BNS or RY? 49.1% of Bank of Nova Scotia shares are held by institutional investors. Comparatively, 45.3% of Royal Bank of Canada shares are held by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth. Is BNS or RY more profitable? Royal Bank of Canada has a net margin of 12.28% compared to Bank of Nova Scotia's net margin of 9.84%. Royal Bank of Canada's return on equity of 15.17% beat Bank of Nova Scotia's return on equity.Company Net Margins Return on Equity Return on Assets Bank of Nova Scotia9.84% 11.14% 0.57% Royal Bank of Canada 12.28%15.17%0.84% Which has more risk & volatility, BNS or RY? Bank of Nova Scotia has a beta of 1.05, indicating that its share price is 5% more volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Is BNS or RY a better dividend stock? Bank of Nova Scotia pays an annual dividend of $3.13 per share and has a dividend yield of 5.6%. Royal Bank of Canada pays an annual dividend of $4.20 per share and has a dividend yield of 3.4%. Bank of Nova Scotia pays out 74.9% of its earnings in the form of a dividend. Royal Bank of Canada pays out 50.8% 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 increased its dividend for 14 consecutive years. SummaryRoyal Bank of Canada beats Bank of Nova Scotia on 11 of the 18 factors compared between the two stocks. Ad Priority GoldJD Vance Predicts: Wall Street vs. Trump & Your MoneyTrump's back in the White House, but Wall Street is pissed. Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.Get your free guide NOW before it's too late. 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$70.06B$3.16B$10.35B$19.85BDividend Yield5.81%3.51%10.18%3.52%P/E Ratio13.4717.3749.6042.73Price / Sales1.332.973,386.8319.27Price / Cash8.7111.1530.6817.86Price / Book1.311.322.895.52Net Income$5.49B$405.80M$994.27M$986.45M7 Day Performance4.57%-0.79%-0.05%0.45%1 Month Performance6.43%8.53%7.13%1.05%1 Year Performance27.69%35.96%24.11%24.67% Bank of Nova Scotia Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)BNSBank of Nova Scotia4.1151 of 5 stars$56.30+0.3%$69.00+22.6%+26.7%$70.06B$52.53B13.4789,483Upcoming EarningsAnalyst UpgradeRYRoyal Bank of Canada4.3304 of 5 stars$121.79-0.9%$142.50+17.0%+38.7%$173.74B$87.48B14.7391,398HDBHDFC Bank2.3565 of 5 stars$63.32+0.3%N/A+8.6%$159.92B$2.36T19.25213,527MUFGMitsubishi UFJ Financial Group3.5584 of 5 stars$11.67-1.6%N/A+35.1%$136.04B$82.36B11.44140,000CCitigroup4.887 of 5 stars$68.28-0.5%$73.00+6.9%+50.9%$129.14B$80.41B19.79239,000IBNICICI Bank1.3987 of 5 stars$29.74-0.1%N/A+33.6%$104.90B$1.83T20.23187,765Stock SplitUBSUBS Group3.0366 of 5 stars$31.83-0.1%N/A+21.4%$102.12B$65.28B26.53112,842HSBCHSBC2.7347 of 5 stars$46.24-0.1%N/A+19.4%$101.37B$131.13B7.64220,861TDToronto-Dominion Bank3.6316 of 5 stars$55.94+0.2%$84.00+50.2%-9.8%$97.72B$75.05B17.87103,257SMFGSumitomo Mitsui Financial Group3.8814 of 5 stars$13.98-1.7%N/A+40.2%$92.95B$64.79B12.05120,000News CoverageSANBanco Santander4.4152 of 5 stars$4.76-0.8%N/A+17.7%$75.96B$62.14B5.95212,764Analyst Downgrade Related Companies and Tools Related Companies Royal Bank of Canada Competitors HDFC Bank Competitors Mitsubishi UFJ Financial Group Competitors Citigroup Competitors ICICI Bank Competitors UBS Group Competitors HSBC Competitors Toronto-Dominion Bank Competitors Sumitomo Mitsui Financial Group 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 11/21/2024 by MarketBeat.com Staff From Our PartnersThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. 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