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Bank of Nova Scotia (BNS) Competitors

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$46.88 +0.01 (+0.02%)
Closing price 03:59 PM Eastern
Extended Trading
$46.96 +0.09 (+0.18%)
As of 07:42 PM Eastern
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BNS vs. HSBC, HDB, RY, MUFG, C, IBN, TD, SAN, UBS, 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), HDFC Bank (HDB), Royal Bank of Canada (RY), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), Toronto-Dominion Bank (TD), Banco Santander (SAN), UBS Group (UBS), and Sumitomo Mitsui Financial Group (SMFG). 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 business? We will contrast the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, risk, community ranking, profitability, institutional ownership and media sentiment.

HSBC has a beta of 0.4, suggesting that its stock price is 60% less volatile than the S&P 500. Comparatively, Bank of Nova Scotia has a beta of 1.02, suggesting that its stock price is 2% more volatile than the S&P 500.

In the previous week, HSBC had 22 more articles in the media than Bank of Nova Scotia. MarketBeat recorded 40 mentions for HSBC and 18 mentions for Bank of Nova Scotia. Bank of Nova Scotia's average media sentiment score of 0.99 beat HSBC's score of 0.79 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
HSBC
16 Very Positive mention(s)
8 Positive mention(s)
10 Neutral mention(s)
4 Negative mention(s)
2 Very Negative mention(s)
Positive
Bank of Nova Scotia
11 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

HSBC received 194 more outperform votes than Bank of Nova Scotia when rated by MarketBeat users. However, 63.29% of users gave Bank of Nova Scotia an outperform vote while only 58.29% of users gave HSBC an outperform vote.

CompanyUnderperformOutperform
HSBCOutperform Votes
949
58.29%
Underperform Votes
679
41.71%
Bank of Nova ScotiaOutperform Votes
755
63.29%
Underperform Votes
438
36.71%

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 insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

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
HSBC16.17% 12.20% 0.79%
Bank of Nova Scotia 10.20%11.56%0.61%

HSBC pays an annual dividend of $7.18 per share and has a dividend yield of 13.8%. Bank of Nova Scotia pays an annual dividend of $2.94 per share and has a dividend yield of 6.3%. 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 pays out 83.1% 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 increased its dividend for 14 consecutive years.

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
HSBC$67.40B2.76$23.53B$6.208.42
Bank of Nova Scotia$34.49B1.69$5.70B$3.5413.24

Bank of Nova Scotia has a consensus price target of $81.00, suggesting a potential upside of 72.79%. Given Bank of Nova Scotia's higher probable upside, analysts clearly believe Bank of Nova Scotia is more favorable than HSBC.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HSBC
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.60
Bank of Nova Scotia
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44

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$58.39B$2.86B$10.85B$18.51B
Dividend Yield6.48%4.08%6.00%4.24%
P/E Ratio10.8521.4221.5931.15
Price / Sales1.692.8625.4325.69
Price / Cash8.4510.6317.6117.53
Price / Book1.051.092.574.29
Net Income$5.70B$372.21M$1.03B$1.02B
7 Day Performance5.03%2.07%3.88%6.59%
1 Month Performance-2.30%-6.74%-3.47%-6.88%
1 Year Performance-1.27%13.94%535.31%1.23%

Bank of Nova Scotia Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BNS
Bank of Nova Scotia
3.9399 of 5 stars
$46.88
+0.0%
$81.00
+72.8%
-2.8%$58.39B$34.49B10.8588,488Short Interest ↑
HSBC
HSBC
2.8956 of 5 stars
$48.40
-2.9%
N/A+25.8%$172.34B$67.40B7.81220,861High Trading Volume
HDB
HDFC Bank
1.9222 of 5 stars
$63.82
-1.7%
N/A+18.2%$161.61B$2.39T19.40141,600Upcoming Earnings
News Coverage
RY
Royal Bank of Canada
4.7224 of 5 stars
$109.29
-1.5%
$156.50
+43.2%
+17.1%$154.28B$60.46B13.2391,400Short Interest ↑
News Coverage
Gap Down
MUFG
Mitsubishi UFJ Financial Group
2.6743 of 5 stars
$10.83
-2.1%
N/A+17.1%$130.63B$6.78T9.93135,000Short Interest ↑
High Trading Volume
C
Citigroup
4.99 of 5 stars
$58.77
+1.1%
$83.23
+41.6%
+5.8%$110.62B$81.09B9.88240,000Earnings Report
News Coverage
High Trading Volume
IBN
ICICI Bank
2.1574 of 5 stars
$30.30
+0.0%
N/A+19.6%$107.02B$1.95T20.06105,800Stock Split
TD
Toronto-Dominion Bank
3.4881 of 5 stars
$55.74
-2.3%
$80.50
+44.4%
+5.5%$97.68B$57.52B16.06102,190Short Interest ↑
Positive News
Gap Down
SAN
Banco Santander
3.8928 of 5 stars
$5.72
-2.6%
N/A+40.9%$86.60B$63.84B6.89212,764High Trading Volume
UBS
UBS Group
3.1611 of 5 stars
$26.66
-0.4%
N/A-0.1%$85.48B$45.35B17.54112,842Positive News
Gap Down
High Trading Volume
SMFG
Sumitomo Mitsui Financial Group
3.9567 of 5 stars
$12.20
-1.7%
N/A+14.0%$78.95B$5.12T11.84101,000Short Interest ↓
News Coverage
Positive News
High Trading Volume
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This page (NYSE:BNS) was last updated on 4/15/2025 by MarketBeat.com Staff
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