BNS vs. HSBC, RY, HDB, MUFG, C, UBS, IBN, TD, SMFG, and SAN
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), Royal Bank of Canada (RY), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), UBS Group (UBS), ICICI Bank (IBN), 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.
HSBC (NYSE:HSBC) and Bank of Nova Scotia (NYSE:BNS) are both large-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, community ranking, risk, dividends, earnings, media sentiment, analyst recommendations, institutional ownership and profitability.
HSBC pays an annual dividend of $1.98 per share and has a dividend yield of 3.9%. Bank of Nova Scotia pays an annual dividend of $2.95 per share and has a dividend yield of 5.8%. HSBC pays out 32.7% of its earnings in the form of a dividend. Bank of Nova Scotia pays out 68.3% 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.
HSBC has a net margin of 15.70% compared to Bank of Nova Scotia's net margin of 10.20%. Bank of Nova Scotia's return on equity of 11.56% beat HSBC's return on equity.
Bank of Nova Scotia has a consensus target price of $72.00, indicating a potential upside of 41.58%. Given Bank of Nova Scotia's higher probable upside, analysts plainly believe Bank of Nova Scotia is more favorable than HSBC.
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.
In the previous week, HSBC had 16 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 21 mentions for HSBC and 5 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 1.16 beat HSBC's score of 0.60 indicating that Bank of Nova Scotia is being referred to more favorably in the news media.
1.5% of HSBC shares are owned by institutional investors. Comparatively, 49.1% of Bank of Nova Scotia shares are owned by institutional investors. 0.0% of HSBC shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
HSBC received 151 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 58.91% of users gave HSBC an outperform vote.
HSBC has a beta of 0.54, meaning that its stock price is 46% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500.
Summary
HSBC beats Bank of Nova Scotia on 11 of the 20 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.
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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This page (NYSE:BNS) was last updated on 1/20/2025 by MarketBeat.com Staff
