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Bank of Nova Scotia (BNS) Competitors

Bank of Nova Scotia logo
$48.76 +0.42 (+0.87%)
Closing price 03:58 PM Eastern
Extended Trading
$48.53 -0.23 (-0.48%)
As of 05:33 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 Polygon.io. Learn more.

BNS vs. HSBC, MUFG, RY, HDB, C, UBS, IBN, TD, SAN, and SMFG

Should you be buying Bank of Nova Scotia stock or one of its competitors? The main competitors of Bank of Nova Scotia include HSBC (HSBC), Mitsubishi UFJ Financial Group (MUFG), Royal Bank of Canada (RY), HDFC Bank (HDB), Citigroup (C), UBS Group (UBS), ICICI Bank (IBN), Toronto-Dominion Bank (TD), Banco Santander (SAN), and Sumitomo Mitsui Financial Group (SMFG). These companies are all part of the "banking" industry.

Bank of Nova Scotia vs.

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

49.1% of Bank of Nova Scotia shares are owned by institutional investors. Comparatively, 1.5% of HSBC shares are owned by institutional investors. 0.0% of HSBC shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

HSBC received 187 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. However, 63.34% of users gave Bank of Nova Scotia an outperform vote while only 58.22% of users gave HSBC an outperform vote.

CompanyUnderperformOutperform
Bank of Nova ScotiaOutperform Votes
755
63.34%
Underperform Votes
437
36.66%
HSBCOutperform Votes
942
58.22%
Underperform Votes
676
41.78%

In the previous week, HSBC had 29 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 39 mentions for HSBC and 10 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 1.36 beat HSBC's score of 0.56 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
8 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
HSBC
12 Very Positive mention(s)
6 Positive mention(s)
18 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank of Nova Scotia pays an annual dividend of $2.93 per share and has a dividend yield of 6.1%. HSBC pays an annual dividend of $7.18 per share and has a dividend yield of 12.4%. Bank of Nova Scotia pays out 82.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. HSBC pays out 115.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Bank of Nova Scotia has raised its dividend for 14 consecutive years.

Bank of Nova Scotia has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500. Comparatively, HSBC has a beta of 0.51, suggesting that its share price is 49% less volatile than the S&P 500.

Bank of Nova Scotia currently has a consensus price target of $81.00, suggesting a potential upside of 67.55%. Given Bank of Nova Scotia's higher probable upside, research analysts clearly believe Bank of Nova Scotia is more favorable than HSBC.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of Nova Scotia
0 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.56
HSBC
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.60

HSBC has a net margin of 16.17% compared to Bank of Nova Scotia's net margin of 10.20%. HSBC's return on equity of 12.20% beat Bank of Nova Scotia's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of Nova Scotia10.20% 11.56% 0.61%
HSBC 16.17%12.20%0.79%

HSBC has higher revenue and earnings than Bank of Nova Scotia. HSBC 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
Bank of Nova Scotia$34.49B1.75$5.70B$3.5413.66
HSBC$67.40B3.07$23.53B$6.209.37

Summary

HSBC beats Bank of Nova Scotia on 13 of the 22 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 {thisCompany.Symbol} 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 ScotiaState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$59.79B$3.12B$11.43B$19.74B
Dividend Yield6.12%3.81%5.39%3.75%
P/E Ratio11.1923.5422.9634.14
Price / Sales1.753.1525.8128.93
Price / Cash8.4510.6317.6217.54
Price / Book1.091.202.824.65
Net Income$5.70B$372.21M$1.04B$1.02B
7 Day Performance0.04%1.55%1.90%1.47%
1 Month Performance-3.07%-2.66%496.75%-0.75%
1 Year Performance-4.02%19.54%539.19%7.33%

Bank of Nova Scotia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
4.1606 of 5 stars
$48.76
+0.9%
$81.00
+66.1%
-3.7%$60.73B$34.49B11.2988,488Positive News
HSBC
HSBC
1.3409 of 5 stars
$57.83
+1.3%
N/A+47.0%$206.27B$67.40B9.33220,861
MUFG
Mitsubishi UFJ Financial Group
2.8148 of 5 stars
$13.86
+1.4%
N/A+38.4%$167.20B$6.78T12.71135,000Analyst Downgrade
Positive News
High Trading Volume
RY
Royal Bank of Canada
4.9517 of 5 stars
$112.66
+1.1%
$156.50
+38.9%
+16.6%$159.04B$60.46B13.6494,838Positive News
HDB
HDFC Bank
1.8834 of 5 stars
$61.66
+1.6%
N/A+21.0%$156.13B$2.39T18.74213,527Positive News
C
Citigroup
4.9903 of 5 stars
$69.96
+1.7%
$83.93
+20.0%
+21.9%$131.84B$81.09B11.76239,000Analyst Upgrade
UBS
UBS Group
2.4818 of 5 stars
$33.45
+2.2%
N/A+5.5%$107.24B$45.81B22.00112,842Positive News
IBN
ICICI Bank
1.7514 of 5 stars
$29.84
+1.9%
N/A+21.8%$105.36B$1.95T19.76187,765Stock Split
News Coverage
TD
Toronto-Dominion Bank
3.9557 of 5 stars
$59.76
+1.4%
$80.50
+34.7%
+1.4%$104.70B$57.52B17.22102,190Positive News
SAN
Banco Santander
4.3455 of 5 stars
$6.88
+1.6%
N/A+49.6%$104.17B$63.84B8.28212,764
SMFG
Sumitomo Mitsui Financial Group
2.979 of 5 stars
$16.04
+0.8%
N/A+37.4%$103.81B$5.12T15.57101,000News Coverage
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This page (NYSE:BNS) was last updated on 3/25/2025 by MarketBeat.com Staff
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