BNS vs. HSBC, RY, C, MUFG, HDB, UBS, TD, IBN, 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), Citigroup (C), Mitsubishi UFJ Financial Group (MUFG), HDFC Bank (HDB), UBS Group (UBS), Toronto-Dominion Bank (TD), ICICI Bank (IBN), Sumitomo Mitsui Financial Group (SMFG), and Banco Santander (SAN). 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 business? We will compare the two companies based on the strength of their community ranking, valuation, earnings, dividends, institutional ownership, profitability, analyst recommendations, risk and media sentiment.
In the previous week, HSBC had 26 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 44 mentions for HSBC and 18 mentions for Bank of Nova Scotia. HSBC's average media sentiment score of 0.60 beat Bank of Nova Scotia's score of 0.42 indicating that HSBC is being referred to more favorably in the news media.
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 12.14% beat Bank of Nova Scotia's return on equity.
Bank of Nova Scotia currently has a consensus price target of $72.00, suggesting a potential upside of 42.68%. Given Bank of Nova Scotia's higher probable upside, equities research analysts clearly 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.
Bank of Nova Scotia pays an annual dividend of $2.95 per share and has a dividend yield of 5.8%. HSBC pays an annual dividend of $1.98 per share and has a dividend yield of 3.5%. Bank of Nova Scotia pays out 68.3% of its earnings in the form of a dividend. HSBC pays out 31.9% 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. Bank of Nova Scotia has raised its dividend for 14 consecutive years. Bank of Nova Scotia is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Bank of Nova Scotia has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500. Comparatively, HSBC has a beta of 0.54, suggesting that its share price is 46% less volatile than the S&P 500.
HSBC received 166 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. However, 63.39% of users gave Bank of Nova Scotia an outperform vote while only 58.59% of users gave HSBC an outperform vote.
49.1% of Bank of Nova Scotia shares are held by institutional investors. Comparatively, 1.5% of HSBC shares are held by institutional investors. 0.0% of HSBC shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Summary
HSBC beats Bank of Nova Scotia on 14 of the 22 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.
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.
Bank of Nova Scotia Competitors List
Related Companies and Tools
This page (NYSE:BNS) was last updated on 2/21/2025 by MarketBeat.com Staff
